- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-14-0001917

About Imerys Carbonates India Private Limited
Data last updated:
Imerys Carbonates India Private Limited is a private limited company based in Mehsana, Gujarat, India, a subsidiary of Imerys Minerals (India) Private Limited. It operates in the specialty chemicals segment of the chemicals and materials sector. It was incorporated on 06 May 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24230GJ2011PTC065319. Its GSTIN is 24AADCV6937B1ZG (Gujarat). The company holds 4 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹26.5 Cr and a paid-up capital of ₹25.67 Cr. It was formerly known as Vee Micron Minerals Limited. It is led by directors including Prasanna Suhas Karandikar and Venu Velagapudi.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot No.19 G.I.D.C.Estate Phase – II Dediyasan, Mehsana, Gujarat, India – 380002.
As per the financials filed for FY 2025, the company reported a revenue of ₹38.64 Cr, a decline of 13% compared to the previous year. For the same year it recorded a net loss of ₹6.68 Cr (net margin -17.3%) and EBITDA of -₹2.32 Cr (EBITDA margin -6%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 2% over five years.
The company has about 49 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹16.7 Cr on record. Court records list 1 case involving the company, including 1 filed against it.
Imerys Carbonates India Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-14-0001917). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vimalmicrons.com.
Company details
Name history
Imerys Carbonates India has undergone 2 name changes throughout its history. The company was previously known as Vee Micron Minerals Limited, and Imerys Carbonates India Private Limited. The current legal name is Imerys Carbonates India Private Limited.
| Company Name | Status |
|---|---|
| Imerys Carbonates India Private Limited | Current |
| Vee Micron Minerals Limited | Previous |
CIN history
Imerys Carbonates India has one previous CIN (Corporate Identification Number): U24230GJ2011PLC065319. The current CIN is U24230GJ2011PTC065319, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U24230GJ2011PTC065319 | Current |
| U24230GJ2011PLC065319 | Previous |
Recognitions & Rankings of Imerys Carbonates India
Contact details
Imerys Carbonates India Private Limited's registered office is in Mehsana, Gujarat. Its website is vimalmicrons.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot No.19 G.I.D.C.Estate Phase – II Dediyasan, Mehsana, Gujarat, India – 380002
- IndustryChemicals and Materials, Specialty Chemicals
To see the full contact details of Imerys Carbonates India Private Limited, buy the company report.
- 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
Business activity
The main business activity of Imerys Carbonates India is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of Imerys Carbonates India Private Limited, buy the company report.
Financials of Imerys Carbonates India Private Limited
FY 2025 filings availableImerys Carbonates India Private Limited reported revenue of ₹38.64 Cr (down 13% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 13% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 2%. 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹38.64 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹2.32 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹6.68 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Trade Payables | |||||
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| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -6% | ||||
| Net Profit Margin | -17.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| 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 Imerys Carbonates India Private Limited, buy the company report.
Board of directors of Imerys Carbonates India Private Limited
Imerys Carbonates India has 3 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prasanna Suhas Karandikar | Director | 09 Aug 2019 | 7 Years 2 Months | Current |
| Bhagwan Das Bhojwani Also directs: Imerys Ceramics (India) Private Limited, Imerys Newquest (India) Private Limited, Imerys Vizag Private Limited and 1 more | Additional Director | 21 Jul 2025 | 1 Years 3 Months | Current |
| Venu Velagapudi | Director | 30 Dec 2022 | 3 Years 10 Months | Current |
Auditor
Imerys Carbonates India Private Limited is audited by Price Waterhouse Chartered Accountants LLP for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Price Waterhouse Chartered Accountants LLP | FY 2025 | 012754N/N500016 |
Shareholding
The shareholding of Imerys Carbonates India Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Imerys Carbonates India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Jul 2012 | 10366626 | Bank of Baroda | ₹8.35 Cr | Satisfied | |
| 18 Jul 2012 | 10366625 | Bank of Baroda | ₹8.35 Cr | Satisfied |
To see the full charge records of Imerys Carbonates India Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Imerys Carbonates India Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mahesana, Gujarat | Criminal complaint | Filed against the company by Government of Gujarat | Disposed |
To see the full case history of Imerys Carbonates 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Imerys Carbonates India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Imerys Carbonates India Private Limited has a workforce of 49 employees on its EPFO records as of Jan 15, 2026, across 2 active EPFO establishments.
GST
Imerys Carbonates India has 4 GST registrations: 3 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AADCV6937B1ZG | Gujarat | Active | 01 Jul 2017 |
| 08AADCV6937B1ZA | Rajasthan | Active | 01 Jul 2017 |
| 27AADCV6937B1ZA | Maharashtra | Active | 31 May 2025 |
To see the full GST registrations and return filing status of Imerys Carbonates India Private Limited, buy the company report.
Recent activity
Imerys Carbonates India Private Limited has 16 board changes on record since 2016: 3 appointments and 13 cessations. The latest: Bhagwan Das Bhojwani was appointed as Additional Director on 21 Jul 2025.
13 earlier events are in the company report.
Frequently asked questions
Imerys Carbonates India is an active private limited company based in Mehsana, Gujarat, India. The company works in specialty chemicals, within the chemicals and materials industry. It was incorporated on 06 May 2011 (15+ years old) and is registered under CIN U24230GJ2011PTC065319.
Imerys Carbonates India has 3 current directors:
- Prasanna Suhas Karandikar - Director
- Bhagwan Das Bhojwani - Additional Director
- Venu Velagapudi - Director
The latest financial statements of Imerys Carbonates India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Imerys Carbonates India is 24AADCV6937B1ZG, registered in Gujarat. The company has 4 GST registrations in all, of which 3 are active and 1 is cancelled or inactive. Other active GSTINs include 08AADCV6937B1ZA (Rajasthan), 27AADCV6937B1ZA (Maharashtra).
The CIN (Corporate Identification Number) of Imerys Carbonates India is U24230GJ2011PTC065319. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Imerys Carbonates India has 1 court case on record: 1 filed against it.
Imerys Carbonates India was incorporated on 06 May 2011, making it 15+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Bhagwan Das Bhojwani was appointed as Additional Director on 21 Jul 2025. Mitrabhanu Pati ceased to be Additional Director on 29 Sep 2024. Venu Velagapudi ceased to be Additional Director on 28 Sep 2023. Imerys Carbonates India has 16 board changes on record in total.
Yes, Imerys Carbonates India is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-14-0001917).
Imerys Carbonates India can be reached through the website vimalmicrons.com. Its registered office is in Mehsana, Gujarat, India.

