About Jupiter Dye Chem Private Limited
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Jupiter Dye Chem Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the chemical distribution and retail segment of the chemicals and materials sector. It was incorporated on 22 June 1977 and has been in existence for over 49 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24230MH1977PTC019716. Its GSTIN is 27AAACJ0893M1Z7 (Maharashtra). The company holds 7 GST registrations, of which 6 are active.
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹8.95 Cr. It is led by directors Ramesh Ramniranjan Chokhani and Radhakrishna Govindram Sharma.
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 Office No. 92A/93A Mittal Court Nariman Point, Mumbai, Maharashtra, India – 400021.
As per the financials filed for FY 2025, the company reported a revenue of ₹3,272.6 Cr, a decline of 2% compared to the previous year. For the same year it recorded a net profit of ₹22.83 Cr (net margin 0.7%) and EBITDA of ₹38.06 Cr (EBITDA margin 1.2%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 14% over five years.
The company has about 69 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹283.29 Cr and satisfied charges of ₹1,175.05 Cr on record. Court records list 29 cases involving the company, including 24 filed by the company and 5 filed against it; 10 cases are pending. The company has 14 deals on record (14 secondary share transfers); the latest was in June 2024. Its 5 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 1 smaller; the largest is Sun International Limited with revenue of ₹5,122.19 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website chokhanigroup.com.
Company details
Contact details
Jupiter Dye Chem Private Limited's registered office is in Mumbai, Maharashtra. Its website is chokhanigroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressOffice No. 92A/93A Mittal Court Nariman Point, Mumbai, Maharashtra, India – 400021
- IndustryChemicals and Materials, Chemical Distribution & Retail
To see the full contact details of Jupiter Dye Chem 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 Jupiter Dye Chem 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 Jupiter Dye Chem Private Limited, buy the company report.
Financials of Jupiter Dye Chem Private Limited
FY 2025 filings availableJupiter Dye Chem Private Limited reported revenue of ₹3,272.6 Cr (down 2% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 2% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 14%. EBITDA fell 46% 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 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 | ₹3,272.6 Cr | ||||
| Cost of Materials Consumed | |||||
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| Total Expenses | |||||
| EBITDA | ₹38.06 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹22.83 Cr | ||||
| Balance Sheet | |||||
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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 | 1.2% | ||||
| Net Profit Margin | 0.7% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Jupiter Dye Chem Private Limited, buy the company report.
Board of directors of Jupiter Dye Chem Private Limited
Jupiter Dye Chem has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramesh Ramniranjan Chokhani Also directs: Nishflex Packaging Private Limited, Lehar Properties Private Limited, Sanchay Holdings Private Limited and 1 more | Director | 22 Jun 1985 | 41 Years 4 Months | Current |
| Radhakrishna Govindram Sharma | Additional Director | 30 Mar 2026 | 0 Years 6 Months | Current |
Peer comparison
Jupiter Dye Chem 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 |
|---|---|---|---|---|---|---|
| Sun International Limited | ₹5,122.19 Cr (FY 2024) | 11.0% | Kolkata, West Bengal, India | |||
| Sharda Cropchem Limited | ₹4,379.39 Cr (FY 2025) | 36.0% | Mumbai, Maharashtra, India | |||
| Veritas (India) Limited | ₹4,103.92 Cr (FY 2025) | 5.0% | Mumbai, Maharashtra, India | |||
| Tegral India Private Limited | ₹3,591.82 Cr (FY 2025) | -4.0% | Mumbai, Maharashtra, India | |||
| Jupiter Dye Chem Private Limitedthis company | ₹3,272.6 Cr (FY 2025) | ₹22.83 Cr | 0.7% | -2.0% | 69 | Mumbai, Maharashtra, India |
| Sanjay Chemicals (India) Private Limited | ₹3,222.39 Cr (FY 2025) | 17.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Jupiter Dye Chem Private Limited, buy the company report.
Auditor
Jupiter Dye Chem Private Limited is audited by B L AGARWAL AND ASSOCIATES for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B L AGARWAL AND ASSOCIATES | FY 2025 | 123994W |
Shareholding
The shareholding of Jupiter Dye Chem 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 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Jupiter Dye Chem Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Dec 2023 | 100867487 | Hdfc Bank Limited | ₹28.69 Lakh | Open | |
| 11 Jan 2023 | 100669461 | The Hongkong and Shanghai Banking Corporation Limited | ₹185 Cr | Open | |
| 24 Sep 1999 | 80034224 | Others | ₹98 Cr | Open | |
| 04 Jul 2022 | 100594980 | Others | ₹45 Cr | Satisfied | |
| 16 Nov 2021 | 100503001 | Others | ₹10 Cr | Satisfied |
To see the full charge records of Jupiter Dye Chem Private Limited, buy the company report.
Total charge records: 24 View all charges
Deals & funding
Jupiter Dye Chem Private Limited has 14 deals on record (14 secondary share transfers); the latest was in June 2024.
Deals on record (5 of 14)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2024 | Secondary share transfer | Undisclosed | Seller: 2 individuals |
| Mar 2024 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
| Mar 2022 | Secondary share transfer | Undisclosed | Seller: 4 individuals |
| Dec 2020 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Dec 2020 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Shyamlal Patel Family Trust |
To see the full deal history of Jupiter Dye Chem 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
Jupiter Dye Chem Private Limited has 29 court cases on record: 24 filed by Jupiter Dye Chem, 5 filed against it. 10 cases are pending and 19 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 15 | 0 | 7 |
| High courts | 14 | 5 | 3 |
Cases on record (5 of 29)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Commercial suit | Filed against the company by Tradetrek Petrochem Pvt Ltd | Pending |
| Bombay High Court | Interim or miscellaneous application | Filed against the company by Tradetrek Petrochem Pvt Ltd | Pending |
| High Court, MAHARASHTRA | Court case (CARBP) | Filed by the company against Gujarat Narmada Valley Fertilizers and Chemicals Ltd. and 2 Ors and 2 others | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Civil suit | Filed by the company against Esquire Estates Pvt. Ltd and 2 others | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Civil suit | Filed by the company against Ms Merchem Ltd. and Ors | Disposed |
To see the full case history of Jupiter Dye Chem 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
Jupiter Dye Chem Private Limited was last rated by Care on 04 Mar 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 04 Mar 2022 |
To see the full credit ratings and regulatory alerts of Jupiter Dye Chem Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Jupiter Dye Chem Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Jupiter Dye Chem Private Limited has a workforce of 69 employees on its EPFO records as of Sep 23, 2025, across 1 active EPFO establishment.
GST
Jupiter Dye Chem has 7 GST registrations: 6 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACJ0893M1Z7 | Maharashtra | Active | 01 Jul 2017 |
| 27AAACJ0893M2Z6 | Maharashtra | Active | 10 Jul 2017 |
| 24AAACJ0893M1ZD | Gujarat | Active | 01 Jul 2017 |
| 29AAACJ0893M1Z3 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Jupiter Dye Chem Private Limited, buy the company report.
Recent activity
Jupiter Dye Chem Private Limited has 10 board changes on record since 1977: 4 appointments and 6 cessations. The latest: Radhakrishna Govindram Sharma was appointed as Additional Director on 30 Mar 2026.
51 earlier events are in the company report.
Frequently asked questions
Jupiter Dye Chem is an active private limited company based in Mumbai, Maharashtra, India. The company works in chemical distribution and retail, within the chemicals and materials industry. It was incorporated on 22 June 1977 (49+ years old) and is registered under CIN U24230MH1977PTC019716.
Jupiter Dye Chem has 2 current directors:
- Ramesh Ramniranjan Chokhani - Director
- Radhakrishna Govindram Sharma - Additional Director
The latest financial statements of Jupiter Dye Chem 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 Jupiter Dye Chem is 27AAACJ0893M1Z7, registered in Maharashtra. The company has 7 GST registrations in all, of which 6 are active and 1 is cancelled or inactive. Other active GSTINs include 27AAACJ0893M2Z6 (Maharashtra), 24AAACJ0893M1ZD (Gujarat), 29AAACJ0893M1Z3 (Karnataka).
The CIN (Corporate Identification Number) of Jupiter Dye Chem is U24230MH1977PTC019716. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Jupiter Dye Chem has 29 court cases on record: 24 filed by the company and 5 filed against it. 10 are pending. Most are in the district courts.
Jupiter Dye Chem was incorporated on 22 June 1977, making it 49+ years old. It is registered with the Registrar of Companies, Mumbai.
Jupiter Dye Chem has 14 deals on record (14 secondary share transfers); the latest was in June 2024.
The peers of Jupiter Dye Chem by revenue are Sun International Limited, Sharda Cropchem Limited, Veritas (India) Limited, Tegral India Private Limited, Sanjay Chemicals (India) Private Limited, all in the Chemicals industry (Chemical Retail and Distribution), with the same principal business activity (wholesale trading).
Radhakrishna Govindram Sharma was appointed as Additional Director on 30 Mar 2026. Ashok Ramni Ranjan Chokhani ceased to be Whole-Time Director on 12 Nov 2021. Ramesh Ramniranjan Chokhani ceased to be Whole-Time Director on 12 Nov 2021. Jupiter Dye Chem has 10 board changes on record in total.
Jupiter Dye Chem can be reached through the website chokhanigroup.com. Its registered office is in Mumbai, Maharashtra, India.