MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-32-0008355
Greensea Industries Private Limited - chemicals and materials in Morbi, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹45.52 Cr
▲ 2% YoY
Net profit · FY 2024
₹77.95 Lakh
Net margin 1.7%
EBITDA · FY 2024
₹2.35 Cr
EBITDA margin 5.2%
Authorised capital
₹1.9 Cr
Registered with MCA
Paid-up capital
₹1.9 Cr
Issued & subscribed
Open charges
₹9.1 Cr
Secured borrowings
Company age
13 yrs
Est. 2013
Directors on board
4
As per MCA filings
About Greensea Industries Private Limited
Data last updated:
Greensea Industries Private Limited is a private limited company based in Morbi, Gujarat, India. It operates in the dyes and pigments segment of the chemicals and materials sector. It was incorporated on 03 April 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24100GJ2013PTC074330. Its GSTIN is 24AAFCG1987L1Z8 (Gujarat).
The company has an authorised share capital of ₹1.9 Cr and a paid-up capital of ₹1.9 Cr. It was formerly known as Greenseas Industries Private Limited. It is led by directors including Dineshbhai Govindbhai Kasundra and Dhaval Pranjivan Gami.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Shiv Complex Shop No. 41 GF Village: Mahendranagar, Morbi, Gujarat, India – 363642.
As per the financials filed for FY 2024, the company reported a revenue of ₹45.52 Cr, a growth of 2% compared to the previous year. For the same year it recorded a net profit of ₹77.95 Lakh (net margin 1.7%) and EBITDA of ₹2.35 Cr (EBITDA margin 5.2%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 40% over five years.
As per MCA filings, the company has open charges of ₹9.1 Cr on record.
Greensea Industries Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-32-0008355). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website greenseapigments.co.in.
Company details
CIN U24100GJ2013PTC074330
Registration Number 074330
Incorporation Date 03 April 2013
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-32-0008355
Key People
Darshnaben Kanaiyalal Detroja Additional Director Dineshbhai Govindbhai Kasundra Director Dhaval Pranjivan Gami Director Recognitions & Rankings of Greensea Industries
Contact details
Greensea Industries Private Limited's registered office is in Morbi, Gujarat. Its website is greenseapigments.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressShiv Complex Shop No. 41 GF Village: Mahendranagar, Morbi, Gujarat, India – 363642
- IndustryChemicals and Materials, Dyes & Pigments, Colorants
To see the full contact details of Greensea Industries Private Limited, buy the company report.
Comprehensive company report
Greensea Industries 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Greensea Industries 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 Greensea Industries Private Limited, buy the company report.
Financials of Greensea Industries Private Limited
FY 2024 filings availableGreensea Industries Private Limited reported revenue of ₹45.52 Cr (up 2% YoY) for FY 2024.
Revenue · FY 2024
₹45.52 Cr ▲ 2%
Net profit · FY 2024
₹77.95 Lakh margin 1.7%
EBITDA · FY 2024
₹2.35 Cr margin 5.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 2%
3 years · compounded
▲ 10%
5 years · compounded
▲ 40%
EBITDA CAGR growth
1 year
▲ 11%
3 years · compounded
▲ 7%
5 years · compounded
▲ 14%
Revenue has grown at a compounded annual rate (CAGR) of 40% over five years, including 2% growth in the latest year. EBITDA rose 11% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹2.35 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹77.95 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.2% | ||||
| Net Profit Margin | 1.7% | ||||
| 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 Greensea Industries Private Limited, buy the company report.
Board of directors of Greensea Industries Private Limited
Greensea Industries has 4 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Darshnaben Kanaiyalal Detroja | Additional Director | 30 Nov 2019 | 6 Years 11 Months | Current |
| Dineshbhai Govindbhai Kasundra Also directs: Avyukt Chem LLP, Liventra Chemical India Private Limited | Director | 03 Apr 2013 | 13 Years 6 Months | Current |
| Dhaval Pranjivan Gami | Director | 01 Sep 2013 | 13 Years 1 Months | Current |
| Babubhai Kanabhai Bambhaniya Also directs: Surajbari Gymkhana Private Limited | Director | 03 Apr 2013 | 13 Years 6 Months | Current |
Peer comparison
Greensea Industries Private Limited is compared with the 6 companies closest to it by revenue in the Chemicals industry (Dyes and Pigments), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Jay Organics Private Limited | ₹47 Cr (FY 2025) | 1.0% | Ahmedabad, Gujarat, India | |||
| Reliable Dye-Chem Private Limited | ₹46.36 Cr (FY 2024) | 44.0% | Jetpur, Gujarat, India | |||
| Greensea Industries Private Limitedthis company | ₹45.52 Cr (FY 2024) | ₹77.95 Lakh | 1.7% | 2.0% | Morbi, Gujarat, India | |
| Solunaris Private Limited | ₹45.41 Cr (FY 2024) | 13.0% | Ahmedabad, Gujarat, India | |||
| Arlex Chemi Private Limited | ₹44.99 Cr (FY 2025) | 30.0% | Mumbai, Maharashtra, India | |||
| Choksi Colours Private Limited | ₹44.06 Cr (FY 2024) | -12.0% | Ahmedabad, Gujarat, India | |||
| Bhanu Dyes Private Limited | ₹42.43 Cr (FY 2025) | -7.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Greensea Industries Private Limited, buy the company report.
Auditor
Greensea Industries Private Limited is audited by J. P. MIRANI AND ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| J. P. MIRANI AND ASSOCIATES | FY 2022 | 136246W |
Shareholding
The shareholding of Greensea Industries Private Limited is on record for 5 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 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Greensea Industries Private Limited, buy the company report.
Charges & borrowings
Open charges
₹9.1 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Mar 2025 | 101055096 | Sidbi | ₹1.85 Cr | Open | |
| 28 Nov 2023 | 100819159 | Sidbi | ₹2.15 Cr | Open | |
| 17 Feb 2020 | 100323202 | Sidbi | ₹1 Cr | Open | |
| 22 Sep 2017 | 100124593 | Sidbi | ₹1.5 Cr | Open | |
| 09 Feb 2017 | 100076654 | Sidbi | ₹2.6 Cr | Open |
To see the full charge records of Greensea Industries Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
No court or tribunal cases involving Greensea Industries Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Greensea Industries Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Greensea Industries has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAFCG1987L1Z8 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Greensea Industries Private Limited, buy the company report.
Recent activity
Greensea Industries Private Limited has 9 board changes on record since 2013: 4 appointments and 5 cessations. The latest: Bharatbhai Bachubhai Sadhrakiya ceased to be Director on 01 Mar 2022.
Charges
A charge with Sidbi amounted to Rs. 1.85 Cr with Charge ID 101055096 was registered on 05 Mar 2025.
AGM
Greensea Industries Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Greensea Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Charges
A charge with Sidbi amounted to Rs. 2.15 Cr with Charge ID 100819159 was registered on 28 Nov 2023.
Ceased
Bharatbhai Bachubhai Sadhrakiya ceased to be Director.
Ceased
Dipakbhai Kanjibhai Adroja ceased to be Director.
Ceased
Vinod Pravinbhai Padsumbiya ceased to be Additional Director.
Charges
A charge with Sidbi of Rs. 1.00 Cr registered on 17 Feb 2020 with Charge ID 100323202 was modified on 04 Mar 2020.
Charges
A charge with Sidbi amounted to Rs. 1.00 Cr with Charge ID 100323202 was registered on 17 Feb 2020.
Appointed
Darshnaben Kanaiyalal Detroja was appointed as Additional Director.
Ceased
Hasmukh Kanjibhai Adroja ceased to be Director.
Charges
A charge with Sidbi amounted to Rs. 1.50 Cr with Charge ID 100124593 was registered on 22 Sep 2017.
7 earlier events are in the company report.
Frequently asked questions
Greensea Industries is an active private limited company based in Morbi, Gujarat, India. The company works in dyes and pigments, within the chemicals and materials industry. It was incorporated on 03 April 2013 (13+ years old) and is registered under CIN U24100GJ2013PTC074330.
Greensea Industries has 4 current directors:
- Darshnaben Kanaiyalal Detroja - Additional Director
- Dineshbhai Govindbhai Kasundra - Director
- Dhaval Pranjivan Gami - Director
- Babubhai Kanabhai Bambhaniya - Director
The latest financial statements of Greensea Industries on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Greensea Industries is 24AAFCG1987L1Z8, registered in Gujarat.
The CIN (Corporate Identification Number) of Greensea Industries is U24100GJ2013PTC074330. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Greensea Industries was incorporated on 03 April 2013, making it 13+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Greensea Industries by revenue are Jay Organics Private Limited, Reliable Dye-Chem Private Limited, Solunaris Private Limited, Arlex Chemi Private Limited, Choksi Colours Private Limited and 1 more, all in the Chemicals industry (Dyes and Pigments), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Bharatbhai Bachubhai Sadhrakiya ceased to be Director on 01 Mar 2022. Dipakbhai Kanjibhai Adroja ceased to be Director on 01 Mar 2022. Vinod Pravinbhai Padsumbiya ceased to be Additional Director on 01 Mar 2022. Greensea Industries has 9 board changes on record in total.
Yes, Greensea Industries is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-32-0008355).
Greensea Industries can be reached through the website greenseapigments.co.in. Its registered office is in Morbi, Gujarat, India.
The registered office of Greensea Industries is at Shiv Complex Shop No. 41 GF Village: Mahendranagar, Morbi, Gujarat, India – 363642.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
Swiggy Limited Listed company · 92 pages
BharatPe (Resilient Innovations Pvt Ltd) Unlisted company · 78 pages