About Indchem Distributors Private Limited
Data last updated:
Indchem Distributors Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the chemical distribution and retail segment of the chemicals and materials sector. It was incorporated on 20 August 1990 and has been in existence for over 36 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U26922KA1990PTC011152. Its GSTIN is 32AAACI3501M1ZY (Kerala). The company holds 4 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors including Vasa Pratap Maneklal and Narendra Maneklal Vasa.
Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office is at No.211 Mota Chambers 9 Millers Road Bangalore, Karnataka, India – 560052.
As per the financials filed for FY 2016, the company reported a revenue of ₹34.91 Cr, a decline of 9% compared to the previous year. For the same year it recorded a net profit of ₹37.66 Lakh (net margin 1.1%) and EBITDA of ₹81.47 Lakh (EBITDA margin 2.3%).
The company has about 1 employee on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹49.65 Lakh and satisfied charges of ₹3 Cr on record. Court records list 5 cases involving the company, including 4 filed by the company and 1 filed against it; 2 cases are pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website indchem.in.
Company details
CIN history
Indchem Distributors has one previous CIN (Corporate Identification Number): U02692KA1990PTC011152. The current CIN is U26922KA1990PTC011152, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U26922KA1990PTC011152 | Current |
| U02692KA1990PTC011152 | Previous |
Contact details
Indchem Distributors Private Limited's registered office is in Bangalore, Karnataka. Its website is indchem.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo.211 Mota Chambers 9 Millers Road Bangalore, Karnataka, India – 560052
- IndustryChemicals and Materials, Chemical Distribution & Retail
To see the full contact details of Indchem Distributors 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 Indchem Distributors 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 Indchem Distributors Private Limited, buy the company report.
Financials of Indchem Distributors Private Limited
FY 2016 filings availableIndchem Distributors Private Limited reported revenue of ₹34.91 Cr (down 9% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue fell 9% in the latest year. EBITDA fell 69% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹34.91 Cr | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹81.47 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹37.66 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 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 2.3% | |
| Net Profit Margin | 1.1% | |
| 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 Indchem Distributors Private Limited, buy the company report.
Board of directors of Indchem Distributors Private Limited
Indchem Distributors has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vasa Pratap Maneklal Also directs: Mihir Chemical Industries Pvt Ltd, Mihir Dye Chem. Private Limited | Director | 20 Aug 1990 | 36 Years 2 Months | Current |
| Narendra Maneklal Vasa Also directs: Mihir Chemical Industries Pvt Ltd, Mihir Dye Chem. Private Limited | Director | 20 Aug 1990 | 36 Years 2 Months | Current |
| Vasa Mahendra Maneklal Also directs: Mihir Chemical Industries Pvt Ltd, Mihir Dye Chem. Private Limited | Director | 20 Aug 1990 | 36 Years 2 Months | Current |
| Rajesh Maneklal Vasa Also directs: Mihir Chemical Industries Pvt Ltd, Mihir Dye Chem. Private Limited | Director | 20 Aug 1990 | 36 Years 2 Months | Current |
Peer comparison
Indchem Distributors Private Limited is compared with the 5 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 |
|---|---|---|---|---|---|---|
| D-Poly Private Limited | ₹35.08 Cr (FY 2025) | 102.0% | Thane, Maharashtra, India | |||
| Avees Biocos Private Limited | ₹34.98 Cr (FY 2025) | 14.0% | New Delhi, Delhi, India | |||
| Indchem Distributors Private Limitedthis company | ₹34.91 Cr (FY 2016) | ₹37.66 Lakh | 1.1% | -9.0% | 1 | Bangalore, Karnataka, India |
| Maniranjan Marketing Private Limited | ₹34.79 Cr (FY 2025) | -26.0% | Coimbatore, Tamil Nadu, India | |||
| Fueldex Energy & Downstream Trading Private Limited | ₹34.78 Cr (FY 2021) | 46.0% | Mumbai, Maharashtra, India | |||
| P.K.Chlorochem Private Limited | ₹34.77 Cr (FY 2025) | -1.0% | Vadodara, Gujarat, India |
To see the full peer comparison of Indchem Distributors Private Limited, buy the company report.
Auditor
Indchem Distributors Private Limited is audited by RSS& COMPANY for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RSS& COMPANY | FY 2016 | 010957S |
Shareholding
The shareholding of Indchem Distributors Private Limited is on record for 2 financial years, the latest being FY 2016, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2016 | FY 2015 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Indchem Distributors Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Sep 1994 | 90191305 | Basf India Ltd. | ₹25 Lakh | Open | |
| 04 Dec 1993 | 90195149 | Basf India Ltd. | ₹24.65 Lakh | Open | |
| 19 Jul 2013 | 10437687 | Bank of Baroda | ₹15 Lakh | Satisfied | |
| 02 Aug 2000 | 90192293 | Bank of Baroda | ₹2.85 Cr | Satisfied |
To see the full charge records of Indchem Distributors Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Indchem Distributors Private Limited has 5 court cases on record: 4 filed by Indchem Distributors, 1 filed against it. 2 cases are pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 1 | 2 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Chennai, Tamil Nadu | Court case (AS) | Filed by the company against an individual | Pending |
| District court, Ernakulam, Kerala | Criminal complaint | Filed by the company against an individual | Pending |
| District court, Chennai, Tamil Nadu | Company petition | Filed against the company by an individual | Disposed |
| District court, Chennai, Tamil Nadu | Civil suit | Filed by the company against an individual | Disposed |
| District court, Ernakulam, Kerala | Criminal complaint | Filed by the company against an individual | Disposed |
To see the full case history of Indchem Distributors 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 Indchem Distributors Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Indchem Distributors Private Limited has a workforce of 1 employees on its EPFO records as of Apr 03, 2024, across 2 active EPFO establishments.
GST
Indchem Distributors has 4 GST registrations: 2 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AAACI3501M1ZY | Kerala | Active | 01 Jul 2017 |
| 33AAACI3501M1ZW | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Indchem Distributors Private Limited, buy the company report.
Recent activity
Indchem Distributors Private Limited has 5 board changes on record since 1990: 4 appointments and 1 cessation. The latest: Rajasekaran Saikishan ceased to be Additional Director on 25 Apr 2024.
3 earlier events are in the company report.
Frequently asked questions
Indchem Distributors is an active private limited company based in Bangalore, Karnataka, India. The company works in chemical distribution and retail, within the chemicals and materials industry. It was incorporated on 20 August 1990 (36+ years old) and is registered under CIN U26922KA1990PTC011152.
Indchem Distributors has 4 current directors:
- Vasa Pratap Maneklal - Director
- Narendra Maneklal Vasa - Director
- Vasa Mahendra Maneklal - Director
- Rajesh Maneklal Vasa - Director
The latest financial statements of Indchem Distributors on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 30 September 2016. Year-wise statements from 2015 are in the company report.
The GSTIN of Indchem Distributors is 32AAACI3501M1ZY, registered in Kerala. The company has 4 GST registrations in all, of which 2 are active and 2 are cancelled or inactive. Other active GSTINs include 33AAACI3501M1ZW (Tamil Nadu).
The CIN (Corporate Identification Number) of Indchem Distributors is U26922KA1990PTC011152. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Indchem Distributors has 5 court cases on record: 4 filed by the company and 1 filed against it. 2 are pending.
Indchem Distributors was incorporated on 20 August 1990, making it 36+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Indchem Distributors by revenue are D-Poly Private Limited, Avees Biocos Private Limited, Maniranjan Marketing Private Limited, Fueldex Energy & Downstream Trading Private Limited, P.K.Chlorochem Private Limited, all in the Chemicals industry (Chemical Retail and Distribution), with the same principal business activity (wholesale trading).
Rajasekaran Saikishan ceased to be Additional Director on 25 Apr 2024. Narendra Maneklal Vasa was appointed as Director on 20 Aug 1990. Rajesh Maneklal Vasa was appointed as Director on 20 Aug 1990. Indchem Distributors has 5 board changes on record in total.
Indchem Distributors can be reached through the website indchem.in. Its registered office is in Bangalore, Karnataka, India.
The registered office of Indchem Distributors is at No.211 Mota Chambers 9 Millers Road Bangalore, Karnataka, India – 560052.