MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-20-0007848
Korson Chem-Tech Private Limited - chemicals and materials in Kuvadava, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹13.34 Cr
▼ 38% YoY
Net loss · FY 2024
₹1.06 Cr
Net margin -7.9%
EBITDA · FY 2024
₹55.58 Lakh
EBITDA margin 4.2%
Authorised capital
₹10 Cr
Registered with MCA
Paid-up capital
₹6.91 Cr
Issued & subscribed
Open charges
₹8.43 Cr
Satisfied ₹3.6 Cr
Company age
16 yrs
Est. 2010
Employees · EPFO
57
Provident fund records
About Korson Chem-Tech Private Limited
Data last updated:
Korson Chem-Tech Private Limited is a private limited company based in Kuvadava, Gujarat, India. It operates in the industrial chemicals segment of the chemicals and materials sector. It was incorporated on 13 May 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24100GJ2010PTC060679. Its GSTIN is 24AAPCS0866G1Z5 (Gujarat). The company holds 5 GST registrations, of which 4 are active.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹6.91 Cr. It is led by directors Nishant Gokalbhai Koradiya and Dipen Prabhudas Koradiya.
Its last annual general meeting (AGM) was held on 31 July 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Plot No. L – 11 Kuvadava G.I.D.C. Rajkot – Ahmedabad National Highway, Gujarat, India – 360023.
As per the financials filed for FY 2024, the company reported a revenue of ₹13.34 Cr, a decline of 38% compared to the previous year. For the same year it recorded a net loss of ₹1.06 Cr (net margin -7.9%) and EBITDA of ₹55.58 Lakh (EBITDA margin 4.2%). Revenue has grown at a compounded annual rate (CAGR) of 27% over three years and 17% over five years.
The company has about 57 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹8.43 Cr and satisfied charges of ₹3.6 Cr on record. Court records list 1 case involving the company, including 1 filed against it.
Korson Chem-Tech Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-20-0007848). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website fieldphos.com.
Company details
CIN U24100GJ2010PTC060679
Registration Number 060679
Incorporation Date 13 May 2010
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 31 July 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-20-0007848
CIN history
Korson Chem-Tech has one previous CIN (Corporate Identification Number): U01400GJ2010PTC060679. The current CIN is U24100GJ2010PTC060679, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U24100GJ2010PTC060679 | Current |
| U01400GJ2010PTC060679 | Previous |
Recognitions & Rankings of Korson Chem-Tech
Contact details
Korson Chem-Tech Private Limited's registered office is in Kuvadava, Gujarat. Its website is fieldphos.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No. L – 11 Kuvadava G.I.D.C. Rajkot – Ahmedabad National Highway, Gujarat, India – 360023
- IndustryChemicals and Materials, Industrial Chemicals
To see the full contact details of Korson Chem-Tech Private Limited, buy the company report.
Comprehensive company report
Korson Chem-Tech Private Limited - one report that includes everything
- 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Korson Chem-Tech 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 Korson Chem-Tech Private Limited, buy the company report.
Financials of Korson Chem-Tech Private Limited
FY 2024 filings availableKorson Chem-Tech Private Limited reported revenue of ₹13.34 Cr (down 38% YoY) for FY 2024.
Revenue · FY 2024
₹13.34 Cr ▼ 38%
Net loss · FY 2024
₹1.06 Cr margin -7.9%
EBITDA · FY 2024
₹55.58 Lakh margin 4.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 38%
3 years · compounded
▼ 27%
5 years · compounded
▲ 17%
EBITDA CAGR growth
1 year
▲ 68%
3 years · compounded
▼ 49%
5 years · compounded
▼ 5%
Revenue fell 38% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 17%. EBITDA rose 68% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹55.58 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.06 Cr | ||||
| 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.2% | ||||
| Net Profit Margin | -7.9% | ||||
| 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 Korson Chem-Tech Private Limited, buy the company report.
Board of directors of Korson Chem-Tech Private Limited
Korson Chem-Tech has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nishant Gokalbhai Koradiya | Director | 04 Sep 2024 | 2 Years 2 Months | Current |
| Dipen Prabhudas Koradiya Also directs: Korson Pest Management Private Limited | Director | 09 Sep 2024 | 2 Years 1 Months | Current |
Peer comparison
Korson Chem-Tech Private Limited is compared with the 5 companies closest to it by revenue in the Chemicals industry (Industrial Chemicals), with 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 |
|---|---|---|---|---|---|---|
| Uniroyal Chemicals Private Limited. | ₹13.38 Cr (FY 2025) | -1.0% | Telangana, India | |||
| Siyaram Chemicals Private Limited | ₹13.36 Cr (FY 2025) | 17.0% | Delhi, India | |||
| Rajdev Inter Trade Private Ltd | ₹13.36 Cr (FY 2024) | 69.0% | New Delhi, Delhi, India | |||
| Korson Chem-Tech Private Limitedthis company | ₹13.34 Cr (FY 2024) | -₹1.06 Cr | -7.9% | -38.0% | 57 | Kuvadava, Gujarat, India |
| Whitegold Chemicals Private Limited | ₹13.32 Cr (FY 2021) | 642.0% | Saharanpur, Uttar Pradesh, India | |||
| Zinnia Life Sciences Private Limited | ₹13.25 Cr (FY 2025) | 74.0% | Coimbatore, Tamil Nadu, India |
To see the full peer comparison of Korson Chem-Tech Private Limited, buy the company report.
Auditor
Korson Chem-Tech Private Limited is audited by P. B. DADHANIA & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P. B. DADHANIA & CO. | FY 2023 | 101978W |
Shareholding
The shareholding of Korson Chem-Tech 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 Korson Chem-Tech Private Limited, buy the company report.
Charges & borrowings
Open charges
₹8.43 Cr
Satisfied charges
₹3.6 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Nov 2019 | 100305185 | Hdfc Bank Limited | ₹8.43 Cr | Open | |
| 31 May 2016 | 100031381 | Others | ₹3.6 Cr | Satisfied |
To see the full charge records of Korson Chem-Tech Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Korson Chem-Tech Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Total cases
1
Filed against the company
1
Disposed
1
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, RAJKOT, Gujarat | Criminal complaint | Filed against the company by an individual | Disposed |
To see the full case history of Korson Chem-Tech 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
Korson Chem-Tech Private Limited has 3 MSME Form 1 returns on record between 2019 and 2024, listing 33 overdue payments to 7 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 7)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Shivam Proteco Private Limited | |||
| Harsh Packs Pvt Ltd | |||
| Venus Mine Chem | |||
| Gujarat Packaging Industries | |||
| Ekopak India Private Limited |
To see the full MSME payment records of Korson Chem-Tech Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Korson Chem-Tech Private Limited has a workforce of 57 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
Employee count
57
Active EPFO establishments
1
Employee growth
-8.06%
GST
Korson Chem-Tech has 5 GST registrations: 4 active and 1 cancelled or inactive.
Total GSTINs
5
Active
4
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAPCS0866G1Z5 | Gujarat | Active | 01 Jul 2017 |
| 07AAPCS0866G1Z1 | Delhi | Active | 03 Nov 2017 |
| 06AAPCS0866G1Z3 | Haryana | Active | 19 Mar 2018 |
| 03AAPCS0866G1Z9 | Punjab | Active | 19 Jul 2019 |
To see the full GST registrations and return filing status of Korson Chem-Tech Private Limited, buy the company report.
Recent activity
Korson Chem-Tech Private Limited has 5 board changes on record since 2019: 2 appointments and 3 cessations. The latest: Jagdish Thakarshi Aghera ceased to be Director on 06 Oct 2024.
Ceased
Jagdish Thakarshi Aghera ceased to be Director.
Appointed
Dipen Prabhudas Koradiya was appointed as Director.
Ceased
Parul Jagdish Aghera ceased to be Director.
Appointed
Nishant Gokalbhai Koradiya was appointed as Director.
AGM
Korson Chem-Tech Private Limited last Annual general meeting of members was held on 31 Jul 2024 as per latest MCA records.
Filing
Korson Chem-Tech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Charges
A charge with Hdfc Bank Limited of Rs. 8.43 Cr registered on 27 Nov 2019 with Charge ID 100305185 was modified on 03 Dec 2021.
Charges
A charge registered on 31 May 2016 via Charge ID 100031381 with Others was fully satisfied on 27 Dec 2019.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 8.43 Cr with Charge ID 100305185 was registered on 27 Nov 2019.
Ceased
Nishant Gokalbhai Koradiya ceased to be Director.
Charges
A charge with Others of Rs. 3.60 Cr registered on 31 May 2016 with Charge ID 100031381 was modified on 01 Jun 2016.
Charges
A charge with Others amounted to Rs. 3.60 Cr with Charge ID 100031381 was registered on 31 May 2016.
1 earlier event is in the company report.
Frequently asked questions
Korson Chem-Tech is an active private limited company based in Kuvadava, Gujarat, India. The company works in industrial chemicals, within the chemicals and materials industry. It was incorporated on 13 May 2010 (16+ years old) and is registered under CIN U24100GJ2010PTC060679.
Korson Chem-Tech has 2 current directors:
- Nishant Gokalbhai Koradiya - Director
- Dipen Prabhudas Koradiya - Director
The latest financial statements of Korson Chem-Tech on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 31 July 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Korson Chem-Tech is 24AAPCS0866G1Z5, registered in Gujarat. The company has 5 GST registrations in all, of which 4 are active and 1 is cancelled or inactive. Other active GSTINs include 07AAPCS0866G1Z1 (Delhi), 06AAPCS0866G1Z3 (Haryana), 03AAPCS0866G1Z9 (Punjab).
The CIN (Corporate Identification Number) of Korson Chem-Tech is U24100GJ2010PTC060679. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Korson Chem-Tech has 1 court case on record: 1 filed against it.
Korson Chem-Tech was incorporated on 13 May 2010, making it 16+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Korson Chem-Tech by revenue are Uniroyal Chemicals Private Limited, Siyaram Chemicals Private Limited, Rajdev Inter Trade Private Ltd, Whitegold Chemicals Private Limited, Zinnia Life Sciences Private Limited, all in the Chemicals industry (Industrial Chemicals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Jagdish Thakarshi Aghera ceased to be Director on 06 Oct 2024. Dipen Prabhudas Koradiya was appointed as Director on 09 Sep 2024. Parul Jagdish Aghera ceased to be Director on 07 Sep 2024. Korson Chem-Tech has 5 board changes on record in total.
Yes, Korson Chem-Tech is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-20-0007848).
Korson Chem-Tech has 3 MSME Form 1 returns on record between 2019 and 2024, listing 33 overdue payments to 7 micro and small suppliers. The latest return was filed on 04 May 2024.
Korson Chem-Tech can be reached through the website fieldphos.com. Its registered office is in Kuvadava, Gujarat, India.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
Swiggy Limited Listed company · 92 pages
BharatPe (Resilient Innovations Pvt Ltd) Unlisted company · 78 pages