Korson Chem-Tech Private Limited - Company Profile

It is a chemicals and materials private limited company based in Kuvadava, Gujarat, India, established in 2010.
2010 Kuvadava, Gujarat, India Active
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About Korson Chem-Tech Private Limited

Korson Chem-Tech Private Limited, a active private limited company, was established on 13 May 2010 in Kuvadava, Gujarat, India. Engaging in industrial chemicals within the manufacturing sector, it holds CIN: U24100GJ2010PTC060679. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹10.00 Cr and a paid-up capital of ₹6.91 Cr.

It upholds a compliant status. Employing 57 professional, Its leadership includes Nishant Gokalbhai Koradiya (Director), Dipen Prabhudas Koradiya (Director). Past directors included Parul Jagdish Aghera, Nishant Gokalbhai Koradiya, Jagdish Thakarshi Aghera. It holds ₹8.43 Cr open charges and ₹3.60 Cr settled loans. Its latest AGM occurred on 31 July 2024, with the balance sheet filed on 31 March 2024. It is based at Plot No. L - 11, Kuvadava G.I.D.C., Rajkot - Ahmedabad National Highway,, Kuvadava, Gujarat, 360023.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U24100GJ2010PTC060679

  • Registration Number

    060679

  • Incorporation Date

    13 May 2010

  • Authorized Capital

    ₹10.00 Cr

  • Paid-Up Capital

    ₹6.91 Cr

  • ROC Code

    Roc Ahmedabad

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 6.91 Cr
  • Company Age 15 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 8.43 Cr
  • Satisfied Charges ₹ 3.60 Cr
  • Revenue Growth **** -49.16%
  • Profit Growth **** -131.86%
  • Ebitda **** -94.68%
  • Net Worth -12.49%
  • Total Assets -18.56%
Company report

Korson Chem-Tech Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Korson Chem-Tech Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Korson Chem-Tech Private Limited?
Current Directors
Name Designation Appointment Date Status
Nishant Gokalbhai Koradiya Director 04 Sep 2024 Current
Dipen Prabhudas Koradiya Director 09 Sep 2024 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 07 Sep 2024 Past
Pramod Abcsdd Director 21 Jun 2019 Past
Pramod Abcsdd Director 06 Oct 2024 Past

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Financial Performance of Korson Chem-Tech.

Korson Chem-Tech Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 49.16% decrease. The company also saw a substantial fall in profitability, with a 131.86% decrease in profit. The company's net worth observed a substantial decline by a decrease of 12.49%.

Korson Chem-Tech revenue growth over time
Korson Chem-Tech profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
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 -49.16%
*******
*******
*******
*******
Revenue from Operations
*******
 -49.13%
*******
*******
*******
*******
Total Assets
*******
 -18.56%
*******
*******
*******
*******
Profit or Loss
*******
 -131.86%
*******
*******
*******
*******
Net Worth
*******
 -12.49%
*******
*******
*******
*******
EBITDA
*******
 -94.68%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Korson Chem-Tech?

In 2023, Korson Chem-Tech had a promoter holding of 67.00% and a public holding of 33.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹84,299,000.00

Satisfied Charges

₹36,000,000.00

Charges Breakdown by Lending Institutions
  • Hdfc Bank Limited : 8.43 Cr
Latest Charge Details
Date Lender Amount Status
27 Nov 2019 Hdfc Bank Limited ₹8.43 Cr Open
31 May 2016 Others ₹3.60 Cr Satisfied

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How Many Employees Work at Korson Chem-Tech?

Korson Chem-Tech has a workforce of 57 employees as of Apr 08, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Korson Chem-Tech, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Korson Chem-Tech's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Korson Chem-Tech
Recent Activity within the Organization
  • Director Appointment

    Progress on Dipen Prabhudas Koradiya was appointed as a Director was appointed as a Director on 09 Sep 2024 & has been associated with this company since 1 year 5 months . was documented.

  • Director Appointment

    Progress on Nishant Gokalbhai Koradiya was appointed as a Director was appointed as a Director on 04 Sep 2024 & has been associated with this company since 1 year 6 months . was documented.

  • Annual General Meeting

    Korson Chem-Tech Private Limited last Annual general meeting of members was held on 31 Jul 2024 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    Progress on Korson Chem-Tech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad. was documented.

  • Charges

    The activity 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. was completed.

  • Charges

    A charge registered on 31 May 2016 via Charge ID 100031381 with Others was fully satisfied on 27 Dec 2019. was recorded as a recent event.

Explore recent activity and updates - View Recent Activity

Frequently Asked Questions
What is the CIN of Korson Chem-Tech Private Limited?

The CIN of Korson Chem-Tech Private Limited is U24100GJ2010PTC060679.

Where is Korson Chem-Tech Private Limited headquartered?

Korson Chem-Tech Private Limited is headquartered at Plot No. L - 11, Kuvadava G.I.D.C., Rajkot - Ahmedabad National Highway,, Kuvadava, Gujarat, 360023.

When was Korson Chem-Tech Private Limited incorporated?

Korson Chem-Tech Private Limited was incorporated on 13 May 2010.

Who are the current directors of Korson Chem-Tech Private Limited?

The current directors of Korson Chem-Tech Private Limited are

What is the primary industry of Korson Chem-Tech Private Limited?

The primary industry of Korson Chem-Tech Private Limited is Manufacturing.

Is Korson Chem-Tech Private Limited a listed company?

Korson Chem-Tech Private Limited is unlisted.

What is the capital structure of Korson Chem-Tech Private Limited?

The authorized capital of Korson Chem-Tech Private Limited is ₹10.00 Cr, and the paid-up capital is ₹6.91 Cr.

What is the compliance status of Korson Chem-Tech Private Limited?

The compliance status of Korson Chem-Tech Private Limited is Compliant.

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