About Itakem Finechem Private Limited
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Itakem Finechem Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the chemical distribution and retail segment of the chemicals and materials sector. It was incorporated on 25 October 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U24200TN2007PTC065158. Its GSTIN is 33AABCI7749C1ZQ (Tamil Nadu). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹43 Lakh. It is led by directors including Hemanth Kumar Sampathraj and Ankit Narendra Vasa.
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 7B Vuppattur Avenue Flowers Road Kilpauk, Chennai, Tamil Nadu, India – 600010.
As per the financials filed for FY 2024, the company reported a revenue of ₹14.16 Cr, a growth of 13% compared to the previous year. For the same year it recorded a net profit of ₹11.51 Lakh (net margin 0.8%) and EBITDA of ₹2.16 Cr (EBITDA margin 15.3%). Revenue has declined at a compounded annual rate (CAGR) of 14% over three years and 4% over five years.
As per MCA filings, the company has satisfied charges of ₹21.25 Lakh on record. Court records list 13 cases involving the company, including 11 filed by the company and 2 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website itakem.com.
Company details
Contact details
Itakem Finechem Private Limited's registered office is in Chennai, Tamil Nadu. Its website is itakem.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address7B Vuppattur Avenue Flowers Road Kilpauk, Chennai, Tamil Nadu, India – 600010
- IndustryChemicals and Materials, Chemical Distribution & Retail
To see the full contact details of Itakem Finechem 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 Itakem Finechem 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 Itakem Finechem Private Limited, buy the company report.
Financials of Itakem Finechem Private Limited
FY 2025 filings availableItakem Finechem Private Limited reported revenue of ₹14.16 Cr (up 13% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 13% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 4%. EBITDA fell 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 |
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| EBITDA | ₹2.16 Cr | ||||
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| Net Profit (PAT) | ₹11.51 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 15.3% | ||||
| Net Profit Margin | 0.8% | ||||
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To see the full financial statements and ratios of Itakem Finechem Private Limited, buy the company report.
Board of directors of Itakem Finechem Private Limited
Itakem Finechem has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hemanth Kumar Sampathraj Also directs: Ikem Specialities LLP | Director | 25 Oct 2007 | 19 Years 0 Months | Current |
| Ankit Narendra Vasa | Director | 25 Oct 2007 | 19 Years 0 Months | Current |
| Ruby Parakh | Director | 01 Jun 2016 | 10 Years 4 Months | Current |
Peer comparison
Itakem Finechem 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 |
|---|---|---|---|---|---|---|
| Emirates Multiventures Private Limited | ₹14.22 Cr (FY 2022) | -61.0% | Mumbai, Maharashtra, India | |||
| Y K Graphics Private Limited | ₹14.18 Cr (FY 2025) | 17.0% | Jaipur, Rajasthan, India | |||
| Alcems Marketing Private Limited | ₹14.17 Cr (FY 2023) | 1.0% | Kolkata, West Bengal, India | |||
| Itakem Finechem Private Limitedthis company | ₹14.16 Cr (FY 2024) | ₹11.51 Lakh | 0.8% | 13.0% | Chennai, Tamil Nadu, India | |
| Uv Colour Private Limited | ₹14.06 Cr (FY 2024) | 5.0% | New Delhi, Delhi, India | |||
| Prabha Trade Impex Pvt Ltd | ₹14.01 Cr (FY 2025) | 39.0% | Secunderabad, Telangana, India |
To see the full peer comparison of Itakem Finechem Private Limited, buy the company report.
Auditor
Itakem Finechem Private Limited is audited by VISHAL V for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VISHAL V | FY 2023 | 228913 |
Shareholding
The shareholding of Itakem Finechem 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 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Itakem Finechem Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Nov 2020 | 100382578 | Others | ₹14.25 Lakh | Satisfied | |
| 29 Sep 2011 | 10317375 | Pujab National Bank | ₹7 Lakh | Satisfied |
To see the full charge records of Itakem Finechem Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Itakem Finechem Private Limited has 13 court cases on record: 11 filed by Itakem Finechem, 2 filed against it. 2 cases are pending and 11 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 9 | 2 | 1 |
| District courts | 4 | 0 | 1 |
Cases on record (5 of 13)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TAMIL NADU | Court case (COMP.A) | Filed against the company by M/S.Taurus GKK Leathers P. Ltd | Pending |
| High Court, TAMIL NADU | Court case (COMP.A) | Filed against the company by M/S.Taurus GKK Leathers P Ltd | Disposed |
| District court, Ranipet, Tamil Nadu | Court case (COS) | Filed by the company against United Enterprises | Pending |
| Madras High Court | Arbitration matter | Filed by the company against an individual | Disposed |
| District court, Chennai, Tamil Nadu | Execution petition | Filed by the company against an individual | Disposed |
To see the full case history of Itakem Finechem 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
Itakem Finechem Private Limited has 3 MSME Form 1 returns on record between 2019 and 2024, listing 32 overdue payments to 17 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 17)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Eagle Air Sea Services Private Limited | |||
| an individual supplier | |||
| Success Shipping Associates | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Itakem Finechem Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Itakem Finechem has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AABCI7749C1ZQ | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Itakem Finechem Private Limited, buy the company report.
Recent activity
Itakem Finechem Private Limited has 4 board changes on record since 2007: 3 appointments and 1 cessation. The latest: Ruby Parakh ceased to be Additional Director on 30 Sep 2016.
Frequently asked questions
Itakem Finechem is an active private limited company based in Chennai, Tamil Nadu, India. The company works in chemical distribution and retail, within the chemicals and materials industry. It was incorporated on 25 October 2007 (19+ years old) and is registered under CIN U24200TN2007PTC065158.
Itakem Finechem has 3 current directors:
- Hemanth Kumar Sampathraj - Director
- Ankit Narendra Vasa - Director
- Ruby Parakh - Director
The latest financial statements of Itakem Finechem 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 Itakem Finechem is 33AABCI7749C1ZQ, registered in Tamil Nadu. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Itakem Finechem is U24200TN2007PTC065158. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Itakem Finechem has 13 court cases on record: 11 filed by the company and 2 filed against it. 2 are pending. Most are in the high courts.
Itakem Finechem was incorporated on 25 October 2007, making it 19+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Itakem Finechem by revenue are Emirates Multiventures Private Limited, Y K Graphics Private Limited, Alcems Marketing Private Limited, Uv Colour Private Limited, Prabha Trade Impex Pvt Ltd, all in the Chemicals industry (Chemical Retail and Distribution), with the same principal business activity (wholesale trading).
Ruby Parakh ceased to be Additional Director on 30 Sep 2016. Ruby Parakh was appointed as Director on 01 Jun 2016. Ankit Narendra Vasa was appointed as Director on 25 Oct 2007. Itakem Finechem has 4 board changes on record in total.
Itakem Finechem has 3 MSME Form 1 returns on record between 2019 and 2024, listing 32 overdue payments to 17 micro and small suppliers. The latest return was filed on 01 May 2024.
Itakem Finechem can be reached through the website itakem.com. Its registered office is in Chennai, Tamil Nadu, India.
The registered office of Itakem Finechem is at 7B Vuppattur Avenue Flowers Road Kilpauk, Chennai, Tamil Nadu, India – 600010.