Ivorychem India Private Limited
About Ivorychem India Private Limited
Data last updated:
Ivorychem India Private Limited was a private limited company based in Bangalore, Karnataka, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the medicinal chemical and botanical products segment of the chemicals sector. It was incorporated on 07 March 2006.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U85120KA2006PTC038693. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1.25 Lakh. It was led by directors including Makam Sundar Raj Chandra Prakash (Managing Director) and Makam Sundar Raj Venkatachalapathy (Whole-Time Director).
Its last annual general meeting (AGM) was held on 29 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office was at A281/2 6th Main 2nd Stage Peenya Industrial Estate, Bangalore, Karnataka, India – 560058.
As per the financials filed for FY 2016, the company reported a revenue of ₹4.76 Cr, a decline of 53% compared to the previous year. For the same year it recorded a net profit of ₹6.67 Lakh (net margin 1.4%) and EBITDA of ₹10.6 Lakh (EBITDA margin 2.2%).
Court records list 4 cases involving the company, including 1 filed by the company and 3 filed against it.
Company details
Contact details
Ivorychem India Private Limited's registered office is in Bangalore, Karnataka.
- Registered AddressA281/2 6th Main 2nd Stage Peenya Industrial Estate, Bangalore, Karnataka, India – 560058
- IndustryChemicals, Medicinal Chemical & Botanical Products, Chemical Products, Pharmaceuticals
- 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 Ivorychem India 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 Ivorychem India Private Limited, buy the company report.
Financials of Ivorychem India Private Limited
FY 2016 filings availableIvorychem India Private Limited reported revenue of ₹4.76 Cr (down 53% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue fell 53% in the latest year. EBITDA fell 66% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
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| Revenue from Operations | ||
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| Total Expenses | ||
| EBITDA | ₹10.6 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹6.67 Lakh | |
| Balance Sheet | ||
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| Reserves and Surplus | ||
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Financial Ratios
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 2.2% | |
| Net Profit Margin | 1.4% | |
| Return on Equity (ROE) | ||
| Return on Capital Employed (ROCE) | ||
| Return on Assets (ROA) | ||
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To see the full financial statements and ratios of Ivorychem India Private Limited, buy the company report.
Board of directors of Ivorychem India Private Limited
Ivorychem India has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Makam Sundar Raj Venkatachalapathy | Whole-Time Director | 07 Mar 2006 | 20 Years 8 Months | As last reported |
| Makam Sundar Raj Chandra Prakash Also directs: MCP Asset Ventures LLP, Makam Agro Chem Private Limited, Feednetic India Private Limited and 1 more | Managing Director | 07 Mar 2006 | 20 Years 8 Months | As last reported |
| Makam Sundar Raj Gopalakrishna | Whole-Time Director | 07 Mar 2006 | 20 Years 8 Months | As last reported |
Peer comparison
Ivorychem India Private Limited is compared with the 9 companies closest to it by revenue in 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 |
|---|---|---|---|---|---|---|
| Sebase Chemicals Private Limited | ₹4.79 Cr (FY 2025) | 1.0% | Kancheepuram, Tamil Nadu, India | |||
| Leonidaz Pharmaceuticals Private Limited | ₹4.78 Cr (FY 2024) | -8.0% | Tirur, Kerala, India | |||
| Krydel Chem Private Limited | ₹4.77 Cr (FY 2022) | 182.0% | Vadodara, Gujarat, India | |||
| Nath Peters Hygeian Limited | ₹4.76 Cr (FY 2025) | 3.0% | 17-1-200Saidabad, Hyderabad, Telangana, India | |||
| Ivorychem India Private Limitedthis company | ₹4.76 Cr (FY 2016) | ₹6.67 Lakh | 1.4% | -53.0% | Bangalore, Karnataka, India | |
| Astrum Chemicals Private Limited | ₹4.76 Cr (FY 2025) | -10.0% | Narol, Gujarat, India | |||
| Dynamark Life Sciences Private Limited | ₹4.76 Cr (FY 2024) | 34.0% | Davanagere, Karnataka, India | |||
| Nilima Organics Private Limited | ₹4.76 Cr (FY 2025) | -17.0% | Telangana, India | |||
| Siddhi Silica Private Limited | ₹4.75 Cr (FY 2025) | 17.0% | Bhavnagar, Gujarat, India | |||
| Startek Chemicals Limited | ₹4.75 Cr (FY 2025) | 245.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Ivorychem India Private Limited, buy the company report.
Legal cases
Ivorychem India Private Limited has 4 court cases on record: 1 filed by Ivorychem India, 3 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 3 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, CHIKKAMAGALURU, Karnataka | Criminal miscellaneous application | Filed by the company against an individual | Disposed |
| District court, KOPPAL, Karnataka | Criminal miscellaneous application | Filed against the company by State at the Instance of Drugs Inspecto RPTD by App | Disposed |
| District court, Satara, Maharashtra | Criminal miscellaneous application | Filed against the company by an individual | Disposed |
| District court, Satara, Maharashtra | Court case (R.C.C.) | Filed against the company by State of Maharashtrafood Drug | Disposed |
To see the full case history of Ivorychem 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 Ivorychem India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ivorychem India has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Ivorychem India Private Limited, buy the company report.
Recent activity
Ivorychem India Private Limited has 3 board changes on record since 2006: 3 appointments. The latest: Makam Sundar Raj Chandra Prakash was appointed as Managing Director on 07 Mar 2006.
Frequently asked questions
Ivorychem India has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Ivorychem India was a private limited company based in Bangalore, Karnataka, India. The company worked in medicinal chemical and botanical products, within the chemicals industry. It was incorporated on 07 March 2006 and is registered under CIN U85120KA2006PTC038693. The company has been struck off by the Registrar of Companies and is no longer operational.
Ivorychem India had 3 directors:
- Makam Sundar Raj Chandra Prakash - Managing Director
- Makam Sundar Raj Venkatachalapathy - Whole-Time Director
- Makam Sundar Raj Gopalakrishna - Whole-Time Director
The CIN (Corporate Identification Number) of Ivorychem India is U85120KA2006PTC038693. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Ivorychem India is at A2812 6th Main 2nd Stage Peenya Industrial Estate, Bangalore, Karnataka, India – 560058.
Ivorychem India was incorporated on 07 March 2006. It is registered with the Registrar of Companies, Bangalore.
The latest financial statements of Ivorychem India on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 29 September 2016. Year-wise statements from 2015 are in the company report.
No. Ivorychem India has 1 GST registration on record and it is cancelled or inactive.
Ivorychem India operated in the chemicals industry, in the medicinal chemical and botanical products segment. It worked in this industry before it was struck off.
The peers of Ivorychem India by revenue are Sebase Chemicals Private Limited, Leonidaz Pharmaceuticals Private Limited, Krydel Chem Private Limited, Nath Peters Hygeian Limited, Astrum Chemicals Private Limited and 4 more, all in the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Ivorychem India has 4 court cases on record: 1 filed by the company and 3 filed against it.
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