Lucid Colloids Limited - Company Profile

Q: Who are the current directors of Lucid Colloids Limited?

The current directors of Lucid Colloids Limited are Uday Vasudeo Thakurdesai, Dineshchandra Babel, Yogesh Vasantlal Vaza, Paolomi Uday Merchant, Uday Chaturbhuj Merchant, Shailaja Uday Merchant.

It is a chemicals and materials public limited company based in Mumbai, Maharashtra, India, established in 1996.

1996 Mumbai, Maharashtra, India Active

Last Updated: January 11, 2026

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About Lucid Colloids Limited

Lucid Colloids Limited, a active public limited company, was established on 23 May 1996 in Mumbai, Maharashtra, India. Engaging in specialty chemicals within the manufacturing sector, it holds CIN: U24311MH1996PLC099800. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹10.00 Cr and a paid-up capital of ₹5.50 Cr.

Formerly known as Lucid Colloids Private Limited. It upholds a compliant status. Employing 240 professional, Its leadership includes Uday Vasudeo Thakurdesai (Director), Dineshchandra Babel (Director), Yogesh Vasantlal Vaza (Company Secretary). Past directors included Uday Vasudeo Thakurdesai, Anima Bhupendra Kapadia, Dineshchandra Babel. It holds ₹305.06 Cr open charges and ₹439.58 Cr settled loans. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at 401 Navbharat Estateszakaria Bunder Road Sewri (W), Mumbai, Maharashtra, 400015.

Company Details

CIN/LLPIN
U24311MH1996PLC099800
Registration Number
099800
Incorporation Date
23 May 1996
Authorized Capital
₹10.00 Cr
Paid-Up Capital
₹5.50 Cr
ROC Code
Roc Mumbai
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 10.00 Cr as on 11-01-2026
Paid Up Capital ₹ 5.50 Cr as on 11-01-2026
Company Age 29 Year, 9 Months
Last Filing with ROC 31 Mar 2025
Open Charges ₹ 305.06 Cr as on 11-01-2026
Satisfied Charges ₹ 439.58 Cr as on 11-01-2026
Revenue Growth **** 61.27% (FY 2023)
Profit Growth **** 719.16% (FY 2023)
Ebitda **** 120.57% (FY 2023)
Net Worth 9.76% (FY 2023)
Total Assets -0.39% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into Lucid Colloids 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 Lucid Colloids Limited?

Current Directors

Name	Designation	Appointment Date	Status
Uday Vasudeo Thakurdesai	Director	01 Sep 2023	Current
Dineshchandra Babel	Director	01 Sep 2023	Current
Yogesh Vasantlal Vaza	Company Secretary	01 Apr 2013	Current
Paolomi Uday Merchant	Whole-Time Director	08 Jun 2022	Current
Uday Chaturbhuj Merchant	Managing Director	23 May 1996	Current
Shailaja Uday Merchant	Whole-Time Director	01 Apr 2014	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Additional Director	29 Sep 2023	Past
Pramod Abcsdd	Director	16 May 2022	Past
Pramod Abcsdd	Additional Director	29 Sep 2023	Past
Pramod Abcsdd	Director	17 May 2022	Past
Pramod Abcsdd	Director	21 Nov 2022	Past
Pramod Abcsdd	Director	01 Oct 2007	Past

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Financial Performance of Lucid Colloids.

Lucid Colloids Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 61.27% increase. The company also saw a substantial improvement in profitability, with a 719.16% increase in profit. The company's net worth moved up by a moderate rise of 9.76%.

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

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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

********

61.27%

*******

Revenue from Operations

*******

55.91%

*******

Total Assets

*******

-0.39%

*******

Profit or Loss

*******

719.16%

*******

Net Worth

*******

9.76%

*******

EBITDA

*******

120.57%

*******

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What is the Ownership and Shareholding Structure of Lucid Colloids?

In 2023, Lucid Colloids had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

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

₹3,050,635,000.00

Satisfied Charges

₹4,395,750,000.00

Charges Breakdown by Lending Institutions

International Finance Corporation : 94.73 Cr
Idbi Trusteeship Services Limited : 94.73 Cr
Axis Bank Limited : 40.00 Cr
Others : 38.11 Cr
Standard Chartered Bank : 20.50 Cr
Others : 17.00 Cr

Latest Charge Details

Date	Lender	Amount	Status
09 Sep 2025	Others	₹7.55 Cr	Open
09 Sep 2025	Others	₹4.85 Cr	Open
07 Aug 2025	Standard Chartered Bank	₹19.00 Cr	Open
31 Jul 2025	Standard Chartered Bank	₹1.50 Cr	Open
04 Apr 2025	Others	₹7.14 M	Open

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How Many Employees Work at Lucid Colloids?

Lucid Colloids has a workforce of 240 employees as of Apr 05, 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

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Lucid Colloids, 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 Lucid Colloids's trajectory.

Rating

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

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 Lucid Colloids

Recent Activity within the Organization

Charges

Progress on A charge registered on 25 Jan 2001 via Charge ID 90213664 with Others was fully satisfied on 31 Dec 2025. was documented.
31 Dec 2025
Annual General Meeting

Lucid Colloids Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was recorded as a recent event.
30 Sep 2025
Charges

Progress on A charge with Yes Bank Limited of Rs. 17.00 Cr registered on 27 Sep 2023 with Charge ID 100799359 was modified on 26 Sep 2025. was documented.
26 Sep 2025
Charges

Progress on A charge with Others amounted to Rs. 7.55 Cr with Charge ID 101158003 was registered on 09 Sep 2025. was documented.
09 Sep 2025
Charges

The activity A charge with Others amounted to Rs. 4.85 Cr with Charge ID 101158005 was registered on 09 Sep 2025. was completed.
09 Sep 2025
Charges

Progress on A charge registered on 17 Jun 2022 via Charge ID 100584891 with Hdfc Bank Limited was fully satisfied on 07 Sep 2025. was documented.
07 Sep 2025

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