MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-01-0173908
Govind Formulation Private Limited
Govind Formulation Private Limited - chemicals and materials in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹3.68 Cr
▲ 53% YoY
Net profit · FY 2023
₹2.25 Lakh
Net margin 0.6%
EBITDA · FY 2023
₹13.34 Lakh
EBITDA margin 3.6%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹7.3 Cr
Secured borrowings
Company age
7 yrs
Est. 2019
Directors on board
2
As per MCA filings
About Govind Formulation Private Limited
Data last updated:
Govind Formulation Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the chemical distribution and retail segment of the chemicals and materials sector. It was incorporated on 12 December 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24304GJ2019PTC111373. Its GSTIN is 24AAICG1253A1Z9 (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Alkeshkumar Govindlal Modi and Kalpeshkumar Govindlal Modi.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at A – 26 Sugam Appartment Nr. Anandnagar Cross Road Satellite, Ahmedabad, Gujarat, India – 380015.
As per the financials filed for FY 2023, the company reported a revenue of ₹3.68 Cr, a growth of 53% compared to the previous year. For the same year it recorded a net profit of ₹2.25 Lakh (net margin 0.6%) and EBITDA of ₹13.34 Lakh (EBITDA margin 3.6%). Revenue has grown at a compounded annual rate (CAGR) of 81% over three years.
As per MCA filings, the company has open charges of ₹7.3 Cr on record. Court records list 6 cases involving the company, including 6 filed against it; 1 case is pending.
Govind Formulation Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0173908).
Company details
CIN U24304GJ2019PTC111373
Registration Number 111373
Incorporation Date 12 December 2019
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
MSME Classification Micro
Udyam Registration UDYAM-GJ-01-0173908
Recognitions & Rankings of Govind Formulation
Contact details
Govind Formulation Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressA – 26 Sugam Appartment Nr. Anandnagar Cross Road Satellite, Ahmedabad, Gujarat, India – 380015
- IndustryChemicals and Materials, Chemical Distribution & Retail
To see the full contact details of Govind Formulation Private Limited, buy the company report.
Comprehensive company report
Govind Formulation Private Limited - one report that includes everything
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
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Business activity
The main business activity of Govind Formulation is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products |
To see the full business activity and turnover split of Govind Formulation Private Limited, buy the company report.
Financials of Govind Formulation Private Limited
FY 2023 filings availableGovind Formulation Private Limited reported revenue of ₹3.68 Cr (up 53% YoY) for FY 2023.
Revenue · FY 2023
₹3.68 Cr ▲ 53%
Net profit · FY 2023
₹2.25 Lakh margin 0.6%
EBITDA · FY 2023
₹13.34 Lakh margin 3.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 53%
3 years · compounded
▲ 81%
EBITDA CAGR growth
1 year
▲ 329%
3 years · compounded
▲ 130%
Revenue has grown at a compounded annual rate (CAGR) of 81% over three years, including 53% growth in the latest year. EBITDA rose 329% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹3.68 Cr | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹13.34 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹2.25 Lakh | |||
| Balance Sheet | ||||
| Share Capital | ||||
| Reserves and Surplus | ||||
| Net Worth (Total Equity) | ||||
| Long-term Borrowings | ||||
| Short-term Borrowings | ||||
| Trade Payables | ||||
| Total Liabilities | ||||
| Fixed Assets | ||||
| Investments | ||||
| Inventories | ||||
| Trade Receivables | ||||
| Cash and Bank Balance | ||||
| Total Assets | ||||
Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 3.6% | |||
| Net Profit Margin | 0.6% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
| Liquidity and Debt | ||||
| Current Ratio | ||||
| Quick Ratio | ||||
| Debt-to-Equity Ratio | ||||
| Interest Coverage Ratio | ||||
| Efficiency and Growth | ||||
| Asset Turnover | ||||
| Receivable Days | ||||
| Payable Days | ||||
| Inventory Days | ||||
| Revenue Growth | ||||
| Net Profit Growth | ||||
To see the full financial statements and ratios of Govind Formulation Private Limited, buy the company report.
Board of directors of Govind Formulation Private Limited
Govind Formulation has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Alkeshkumar Govindlal Modi Also directs: Govind Laboratories Private Limited, Gowin Business Solution Private Limited, Govind Lifesciences Private Limited and 2 more | Director | 12 Dec 2019 | 6 Years 10 Months | Current |
| Kalpeshkumar Govindlal Modi Also directs: Govind Laboratories Private Limited, Gowin Business Solution Private Limited, Govind Lifesciences Private Limited and 2 more | Director | 12 Dec 2019 | 6 Years 10 Months | Current |
Auditor
Govind Formulation Private Limited is audited by DESAI & DESAI for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DESAI & DESAI | FY 2023 | 139459W |
Shareholding
The shareholding of Govind Formulation Private Limited is on record for 4 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Govind Formulation Private Limited, buy the company report.
Charges & borrowings
Open charges
₹7.3 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Oct 2023 | 100807454 | Others | ₹5.9 Cr | Open | |
| 27 Aug 2020 | 100371794 | Others | ₹1.4 Cr | Open |
To see the full charge records of Govind Formulation Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Govind Formulation Private Limited has 6 court cases on record: 6 filed against it. 1 case is pending and 5 are disposed.
Total cases
6
Filed against the company
6
Pending
1
Disposed
5
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 1 |
| High courts | 3 | 3 | 0 |
Cases on record (4 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mahesana, Gujarat | Criminal complaint | Filed against the company by The Mahesana Arban Co.Op. Bank Li., Mahesanana Shree Anilkumar Jayantibhai Patel | Pending |
| High Court of Gujarat | Special civil application | Filed against the company | Disposed |
| District court, Ahmedabad, Gujarat | Criminal miscellaneous application | Filed against the company by The Mehsana Urban Co Op Bank Ltd- | Disposed |
| District court, Mahesana, Gujarat | Court case (CR EN) | Filed against the company by The Mahesana Arban Co.Op. Bank Li., Mahesanana Shree Anilkumar Jayantibhai Patel | Disposed |
To see the full case history of Govind Formulation Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Govind Formulation Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Govind Formulation has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAICG1253A1Z9 | Gujarat | Active | 02 Mar 2020 |
To see the full GST registrations and return filing status of Govind Formulation Private Limited, buy the company report.
Recent activity
Govind Formulation Private Limited has 2 board changes on record since 2019: 2 appointments. The latest: Alkeshkumar Govindlal Modi was appointed as Director on 12 Dec 2019.
Charges
A charge with Others amounted to Rs. 590.00 Lakh with Charge ID 100807454 was registered on 17 Oct 2023.
AGM
Govind Formulation Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Govind Formulation Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.
Charges
A charge with Others of Rs. 140.00 Lakh registered on 27 Aug 2020 with Charge ID 100371794 was modified on 30 Jun 2022.
Charges
A charge with Others amounted to Rs. 140.00 Lakh with Charge ID 100371794 was registered on 27 Aug 2020.
Appointed
Alkeshkumar Govindlal Modi was appointed as Director.
Appointed
Kalpeshkumar Govindlal Modi was appointed as Director.
Incorporation
12 Dec 2019
Govind Formulation Private Limited was registered on 12 Dec 2019 with Roc Ahmedabad & aged 6 years 10 months as per MCA records.
Frequently asked questions
Govind Formulation is an active private limited company based in Ahmedabad, Gujarat, India. The company works in chemical distribution and retail, within the chemicals and materials industry. It was incorporated on 12 December 2019 (7+ years old) and is registered under CIN U24304GJ2019PTC111373.
Govind Formulation has 2 current directors:
- Alkeshkumar Govindlal Modi - Director
- Kalpeshkumar Govindlal Modi - Director
The latest financial statements of Govind Formulation on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Govind Formulation is 24AAICG1253A1Z9, registered in Gujarat.
The CIN (Corporate Identification Number) of Govind Formulation is U24304GJ2019PTC111373. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Govind Formulation has 6 court cases on record: 6 filed against it. 1 is pending. Most are in the district courts.
Govind Formulation was incorporated on 12 December 2019, making it 7+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Alkeshkumar Govindlal Modi was appointed as Director on 12 Dec 2019. Kalpeshkumar Govindlal Modi was appointed as Director on 12 Dec 2019.
Yes, Govind Formulation is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-01-0173908).
The registered office of Govind Formulation is at A – 26 Sugam Appartment Nr. Anandnagar Cross Road Satellite, Ahmedabad, Gujarat, India – 380015.
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