MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-33-0068259
Ideal Chemicals (India) Private Limited - chemicals and materials in Thane, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹188.4 Cr
▲ 18% YoY
Net profit · FY 2023
₹1.57 Cr
Net margin 0.8%
EBITDA · FY 2023
₹6.21 Cr
EBITDA margin 3.3%
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹4.81 Cr
Issued & subscribed
Open charges
₹33.46 Cr
Satisfied ₹35.49 Cr
Company age
26 yrs
Est. 2000
Directors on board
3
As per MCA filings
About Ideal Chemicals (India) Private Limited
Data last updated:
Ideal Chemicals (India) Private Limited is a private limited company based in Thane, Maharashtra, India. It operates in the chemical distribution and retail segment of the chemicals and materials sector. It was incorporated on 09 November 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24231MH2000PTC129519. Its GSTIN is 27AAACI7863A1ZP (Maharashtra). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹4.81 Cr. It is led by directors including Yashwant Pandurang Ghodke and Vipul Prabhatkumar Maheshwari.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at 1302 13th Floor Devcorpora Bldg, Cadbury Junction Khopat Thane West Mahrashtra, Maharashtra, India – 400601.
As per the financials filed for FY 2023, the company reported a revenue of ₹188.4 Cr, a growth of 18% compared to the previous year. For the same year it recorded a net profit of ₹1.57 Cr (net margin 0.8%) and EBITDA of ₹6.21 Cr (EBITDA margin 3.3%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 5% over five years.
The company is associated with 1 brand: Ideal Chemicals. As per MCA filings, the company has open charges of ₹33.46 Cr and satisfied charges of ₹35.49 Cr on record. Court records list 18 cases involving the company, including 5 filed by the company and 13 filed against it; 4 cases are pending. The company has 10 deals on record (7 secondary share transfers, 3 funding rounds), with disclosed funding of ₹96 Lakh; the latest was in January 2022. Its 8 peer companies in the Chemicals industry (Chemical Retail and Distribution), with the same principal business activity (wholesale trading) are compared by revenue, 4 larger and 4 smaller; the largest is Nerka Chemicals Private Limited with revenue of ₹194.94 Cr.
Ideal Chemicals (India) Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-33-0068259). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website idealchemicals.in.
Company details
CIN U24231MH2000PTC129519
Registration Number 129519
Incorporation Date 09 November 2000
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 November 2021
Date of Balance Sheet 31 March 2021
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-33-0068259
Key People
Yashwant Pandurang Ghodke Director Vipul Prabhatkumar Maheshwari Director Sameer Sharda Director Recognitions & Rankings of Ideal Chemicals (India)
Contact details
Ideal Chemicals (India) Private Limited's registered office is in Thane, Maharashtra. Its website is idealchemicals.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address1302 13th Floor Devcorpora Bldg, Cadbury Junction Khopat Thane West Mahrashtra, Maharashtra, India – 400601
- IndustryChemicals and Materials, Chemical Distribution & Retail
To see the full contact details of Ideal Chemicals (India) Private Limited, buy the company report.
Comprehensive company report
Ideal Chemicals (India) 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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Brands
Ideal Chemicals (India) operates one associated brand: Ideal Chemicals. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures and distributes industrial chemicals like caustic soda and hydrochloric acid. | idealchemicals.co.in |
Business activity
The main business activity of Ideal Chemicals (India) is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Ideal Chemicals (India) Private Limited, buy the company report.
Financials of Ideal Chemicals (India) Private Limited
FY 2021 filings availableIdeal Chemicals (India) Private Limited reported revenue of ₹188.4 Cr (up 18% YoY) for FY 2023.
Revenue · FY 2023
₹188.4 Cr ▲ 18%
Net profit · FY 2023
₹1.57 Cr margin 0.8%
EBITDA · FY 2023
₹6.21 Cr margin 3.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 18%
3 years · compounded
▲ 5%
5 years · compounded
▲ 5%
EBITDA CAGR growth
1 year
▲ 37%
3 years · compounded
▲ 17%
5 years · compounded
▲ 14%
Revenue has grown at a compounded annual rate (CAGR) of 5% over five years, including 18% growth in the latest year. EBITDA rose 37% 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 | FY 2018-19 |
|---|---|---|---|---|---|
| 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 | ₹6.21 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.57 Cr | ||||
| 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 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.3% | ||||
| Net Profit Margin | 0.8% | ||||
| 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 Ideal Chemicals (India) Private Limited, buy the company report.
Board of directors of Ideal Chemicals (India) Private Limited
Ideal Chemicals (India) has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Yashwant Pandurang Ghodke | Director | 13 Apr 2022 | 4 Years 6 Months | Current |
| Vipul Prabhatkumar Maheshwari | Director | 12 Aug 2023 | 3 Years 2 Months | Current |
| Sameer Sharda | Director | 02 Jul 2001 | 25 Years 4 Months | Current |
Peer comparison
Ideal Chemicals (India) Private Limited is compared with the 8 companies closest to it by revenue in the Chemicals industry (Chemical Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Nerka Chemicals Private Limited | ₹194.94 Cr (FY 2023) | -5.0% | Valsad, Gujarat, India | |||
| Machem India Private Limited | ₹194.56 Cr (FY 2024) | -56.0% | Mumbai, Maharashtra, India | |||
| Devdhar Chemicals Private Limited | ₹193.08 Cr (FY 2025) | 18.0% | Pune, Maharashtra, India | |||
| MLJP Chemicals Private Limited | ₹191.12 Cr (FY 2025) | 19.0% | New Delhi, Delhi, India | |||
| Ideal Chemicals (India) Private Limitedthis company | ₹188.4 Cr (FY 2023) | ₹1.57 Cr | 0.8% | 18.0% | Thane, Maharashtra, India | |
| Nirmesh Enterprises Private Limited | ₹184.1 Cr (FY 2025) | 13.0% | Indore, Madhya Pradesh, India | |||
| Thansau Decors Private Limited | ₹184.05 Cr (FY 2025) | 43.0% | Mumbai, Maharashtra, India | |||
| Amos Enterprise Private Limited | ₹183.7 Cr (FY 2025) | -1.0% | Ahmedabad, Gujarat, India | |||
| Hexa Biochem Private Limited | ₹181.39 Cr (FY 2025) | 13.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Ideal Chemicals (India) Private Limited, buy the company report.
Auditor
Ideal Chemicals (India) Private Limited is audited by NAYAK & RANE for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NAYAK & RANE | FY 2021 | 117249W |
Shareholding
The shareholding of Ideal Chemicals (India) Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ideal Chemicals (India) Private Limited, buy the company report.
Charges & borrowings
Open charges
₹33.46 Cr
Satisfied charges
₹35.49 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Mar 2025 | 101091075 | Others | ₹4 Cr | Open | |
| 04 May 2022 | 100597983 | Hdfc Bank Limited | ₹66.5 Lakh | Open | |
| 15 Jan 2022 | 100557091 | Axis Bank Limited | ₹3 Cr | Open | |
| 20 Dec 2021 | 100521498 | Hdfc Bank Limited | ₹24.3 Lakh | Open | |
| 18 Nov 2021 | 100539066 | Hdfc Bank Limited | ₹55 Lakh | Open |
To see the full charge records of Ideal Chemicals (India) Private Limited, buy the company report.
Total charge records: 26 View all charges
Deals & funding
Ideal Chemicals (India) Private Limited has 10 deals on record (7 secondary share transfers, 3 funding rounds), with disclosed funding of ₹96 Lakh; the latest was in January 2022.
Total deals
10
Secondary share transfers
7
Funding rounds
3
Disclosed funding
₹96 Lakh
Deals on record (5 of 10)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2016 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Nicasu Bulk Carriers Private Limited |
| Mar 2015 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Pine Trading Private Limited , an individual |
| May 2012 | Secondary share transfer | Undisclosed | Buyer: Nicasu Bulk Carriers Private Limited Seller: Abhay Trading Private Limited , Pine Trading Private Limited |
| Mar 2012 | Secondary share transfer | Undisclosed | Buyer: Nicasu Bulk Carriers Private Limited Seller: Zuari Bulk Carriers Private Limited , an individual |
| Nov 2009 | Funding round | ₹50 Lakh | Investors: Pine Trading Private Limited , 2 individuals |
To see the full deal history of Ideal Chemicals (India) Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Ideal Chemicals (India) Private Limited has 18 court cases on record: 5 filed by Ideal Chemicals (India), 13 filed against it. 4 cases are pending and 14 are disposed.
Total cases
18
Filed by the company
5
Filed against the company
13
Pending
4
Disposed
14
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 9 | 6 | 3 |
| High courts | 8 | 6 | 1 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 18)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Sangli, Maharashtra | Civil suit | Filed by the company against Ken Chemicals Private Limited and 4 others | Pending |
| District court, Thane, Maharashtra | Civil suit | Filed by the company against Ken Chemicals Pvt Ltd and 4 others | Pending |
| Supreme Court | Court case (4204-MATTERS RELATING TO LEASES, GOVT. CONTRACTS & CONTRACTS BY LOCAL BODIES : Tenders invited or contracts awarded/leases granted or determined by local bodies) | Filed against the company by SVS Chemical Corporation LLP S/D/W/Thru:- Sunil Shah Through Its Partner Sunil Shah Flat No.1, Mahavir Palace, 520, Rasta Peth ,Pune , Maharashtra | Disposed |
| High Court, GUJARAT | Appeal | Filed against the company by Iffco Tokio General Insurance Co. Ltd., | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Commercial suit | Filed against the company by M/S Satguru Developers | Pending |
To see the full case history of Ideal Chemicals (India) 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.
Credit ratings & regulatory alerts
Ideal Chemicals (India) Private Limited was last rated by Crisil on 22 Dec 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 22 Dec 2020 |
To see the full credit ratings and regulatory alerts of Ideal Chemicals (India) Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Ideal Chemicals (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ideal Chemicals (India) has 3 GST registrations: 2 active and 1 cancelled or inactive.
Total GSTINs
3
Active
2
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACI7863A1ZP | Maharashtra | Active | 01 Jul 2017 |
| 24AAACI7863A1ZV | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ideal Chemicals (India) Private Limited, buy the company report.
Recent activity
Ideal Chemicals (India) Private Limited has 5 board changes on record since 2001: 3 appointments and 2 cessations. The latest: Vipul Prabhatkumar Maheshwari was appointed as Director on 12 Aug 2023.
Charges
A charge with Others amounted to Rs. 4.00 Cr with Charge ID 101091075 was registered on 28 Mar 2025.
Charges
A charge registered on 27 Mar 2002 via Charge ID 90147902 with Others was fully satisfied on 01 Mar 2025.
Charges
A charge with Others of Rs. 8.00 Cr registered on 27 Mar 2002 with Charge ID 90147902 was modified on 19 Jun 2024.
Charges
A charge registered on 25 Mar 2022 via Charge ID 100583229 with Others was fully satisfied on 23 Apr 2024.
Charges
A charge registered on 27 Aug 2020 via Charge ID 100377050 with Others was fully satisfied on 23 Apr 2024.
Appointed
Vipul Prabhatkumar Maheshwari was appointed as Director.
Charges
A charge with State Bank Of India of Rs. 25.00 Cr registered on 09 Sep 2021 with Charge ID 100484654 was modified on 15 May 2023.
Charges
A charge registered on 10 Jul 2009 via Charge ID 10173893 with Sundaram Finance Limited was fully satisfied on 18 Jul 2022.
Charges
A charge registered on 30 Dec 2011 via Charge ID 10329525 with Sundaram Finance Limited was fully satisfied on 13 Jul 2022.
Charges
A charge registered on 07 Jun 2010 via Charge ID 10224850 with Sundaram Finance Limited was fully satisfied on 13 Jul 2022.
Charges
A charge registered on 20 Jun 2015 via Charge ID 10585087 with Union Bank Of India was fully satisfied on 11 Jul 2022.
Charges
A charge registered on 07 Feb 2015 via Charge ID 10559813 with Union Bank Of India was fully satisfied on 11 Jul 2022.
45 earlier events are in the company report.
Frequently asked questions
Ideal Chemicals (India) is an active private limited company based in Thane, Maharashtra, India. The company works in chemical distribution and retail, within the chemicals and materials industry. It was incorporated on 09 November 2000 (26+ years old) and is registered under CIN U24231MH2000PTC129519.
Ideal Chemicals (India) has 3 current directors:
- Yashwant Pandurang Ghodke - Director
- Vipul Prabhatkumar Maheshwari - Director
- Sameer Sharda - Director
The latest financial statements of Ideal Chemicals (India) on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
The GSTIN of Ideal Chemicals (India) is 27AAACI7863A1ZP, registered in Maharashtra. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 24AAACI7863A1ZV (Gujarat).
The CIN (Corporate Identification Number) of Ideal Chemicals (India) is U24231MH2000PTC129519. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ideal Chemicals (India) has 18 court cases on record: 5 filed by the company and 13 filed against it. 4 are pending. Most are in the district courts.
Ideal Chemicals (India) was incorporated on 09 November 2000, making it 26+ years old. It is registered with the Registrar of Companies, Mumbai.
Ideal Chemicals (India) has 10 deals on record (7 secondary share transfers, 3 funding rounds), with disclosed funding of ₹96 Lakh; the latest was in January 2022.
The peers of Ideal Chemicals (India) by revenue are Nerka Chemicals Private Limited, Machem India Private Limited, Devdhar Chemicals Private Limited, MLJP Chemicals Private Limited, Nirmesh Enterprises Private Limited and 3 more, all in the Chemicals industry (Chemical Retail and Distribution), with the same principal business activity (wholesale trading).
Vipul Prabhatkumar Maheshwari was appointed as Director on 12 Aug 2023. Vipul Prabhatkumar Maheshwari ceased to be Director on 20 Apr 2022. Yashwant Pandurang Ghodke was appointed as Director on 13 Apr 2022. Ideal Chemicals (India) has 5 board changes on record in total.
Yes, Ideal Chemicals (India) is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-33-0068259).
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