About Lucid Colloids Limited
Data last updated: 11 January 2026
Lucid Colloids Limited is a public limited company based in Mumbai, Maharashtra, India. It specialises in specialty chemicals, a part of the broader chemicals and materials sector. Incorporated on 23 May 1996, the company has been in operation for over 30 years.
Registered with ROC Mumbai under CIN U24311MH1996PLC099800.
Capital: an authorised share capital of ₹10 Cr and a paid-up capital of ₹5.5 Cr. Formerly known as Lucid Colloids Private Limited. It is led by directors including Uday Vasudeo Thakurdesai and Dineshchandra Babel.
Last AGM: 30 September 2025. Financial statements filed for year ended 31 March 2025. Office: 401 Navbharat Estateszakaria Bunder Road Sewri (W), Mumbai, Maharashtra, India – 400015.
As per the financials filed for FY 2025, the company reported a revenue of ₹267.85 Cr, a growth of 5% compared to the previous year.
The company has a workforce of approximately 240 employees as per the latest available data.
The company is associated with 2 brands - Qmsil, Lucid Colloids. As per MCA filings, the company has open charges of ₹305.06 Cr and satisfied charges of ₹439.58 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website lucidcolloids.com.
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Registered Address401 Navbharat Estateszakaria Bunder Road Sewri (W), Mumbai, Maharashtra, India – 400015
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IndustryChemicals and Materials, Specialty Chemicals
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
CIN History of Lucid Colloids Limited
Lucid Colloids Limited has one previous CIN (Corporate Identification Number): L24311MH1996PLC099800. The current CIN is U24311MH1996PLC099800, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U24311MH1996PLC099800 | Current |
| L24311MH1996PLC099800 | Previous |
Associated Brands with Lucid Colloids Limited
Lucid Colloids Limited operates two associated brands: QMSIL and Lucid Colloids. These brands represent Lucid Colloids Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Offers consulting, training, and inspections for quality standards, safety audits, and IT solutions. | qmsil.co.in | |
| Natural and modified hydrocolloid derivatives are manufactured, marketed, and distributed. | lucidcolloids.com |
Competitors & Alternatives of Lucid Colloids Limited
Brands and companies operating in the same space as Lucid Colloids Limited include Happiest Minds, Mavenir, 1&1 IONOS and 6 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Happiest Minds
|
IT outsourcing services are delivered across multiple business lines. | Bengaluru, India, India | 2011 |
Mavenir
|
Multi-access edge networking computing platform is provided for mobile services. | Richardson, United States, United States | 2005 |
1&1 IONOS
|
Cloud infrastructure and hosting services are provided by 1&1 IONOS. | Chesterbrook, United States, United States | 1988 |
Datamatics
|
Cloud-based text analytics and cognitive automation services are provided. | Mumbai, India, India | 1975 |
Genpact
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Provider of end-to-end business process outsourcing services | New York, United States, United States | 1997 |
NTT DATA
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Application development, cloud, cybersecurity, and business intelligence services are provided. | Koto City, Japan, Japan | 1967 |
Endava
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Endava is engaged in digital transformation and AI-driven solutions. | London, United Kingdom, United Kingdom | 2000 |
Accenture
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IT and management consultancy services are provided globally. | Dublin, Ireland, Ireland | 1989 |
UST
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High-quality office furniture is provided by UST for various needs. | Taiwan | 1998 |
Business Activity of Lucid Colloids Limited
Lucid Colloids Limited is engaged in the principal business activity of manufacturing, with detailed activities including other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities | Locked |
Business activity turnover details for Lucid Colloids Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
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Auditor Details of Lucid Colloids Limited
Lucid Colloids Limited is audited by For G. M. Kapadia & Co. for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| For G. M. Kapadia & Co. | Locked | Locked | Locked |
Complete auditor history for Lucid Colloids Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
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Board of Directors and KMP of Lucid Colloids Limited
Lucid Colloids Limited currently reports 5 directors and 1 key managerial person. 9 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
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Uday Vasudeo Thakurdesai
Also directs:
Lucid Colloids Limited
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Director | 01 Sep 2023 | 2 Years 11 Months | Current |
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Dineshchandra Babel
Also directs:
Lucid Colloids Limited, Indergiri Finance Limited.
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Director | 01 Sep 2023 | 2 Years 11 Months | Current |
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Yogesh Vasantlal Vaza
Also directs:
Lucid Colloids Limited
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Company Secretary | 01 Apr 2013 | 13 Years 4 Months | Current |
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Paolomi Uday Merchant
Also directs:
Lucid Colloids Limited
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Whole-Time Director | 08 Jun 2022 | 4 Years 2 Months | Current |
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Uday Chaturbhuj Merchant
Also directs:
Lucid Colloids Limited, Lucid Agro Private Limited
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Managing Director | 23 May 1996 | 30 Years 3 Months | Current |
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Shailaja Uday Merchant
Also directs:
Lucid Colloids Limited
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Whole-Time Director | 01 Apr 2014 | 12 Years 4 Months | Current |
Financials of Lucid Colloids Limited FY 2025 filings available
Lucid Colloids Limited reported revenue of ₹267.85 Cr (up 5.00% YoY) for FY 2025.
Ten-year financial statements for Lucid Colloids Limited
Historical statement values and trend charts require an active report plan.
- Income statements
- Balance sheets
- Cash-flow statements
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Ownership and Shareholding of Lucid Colloids Limited
Shareholding and ownership data for Lucid Colloids Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Lucid Colloids Limited
| 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 Cr | Open |
| 31 Jul 2025 | Standard Chartered Bank | ₹1.5 Cr | Open |
| 04 Apr 2025 | Others | ₹71.35 Lakh | Open |
Total charge records: 27 View all charges
Employees and EPFO Compliance at Lucid Colloids Limited
Lucid Colloids Limited has a workforce of 240 employees as of Apr 05, 2024.
Employee and EPFO history for Lucid Colloids Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Lucid Colloids Limited
GST registrations and filing compliance for Lucid Colloids Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
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Credit Ratings, Litigation & Regulatory Alerts for Lucid Colloids Limited
Credit ratings, litigation, and regulatory alerts for Lucid Colloids Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
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MSME Payment Delays by Lucid Colloids Limited
MSME payment history for Lucid Colloids Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
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Subsidiaries & Group Companies of Lucid Colloids Limited
Corporate group structure for Lucid Colloids Limited
Parent, subsidiary, associate, joint venture, and ownership records require an active report plan.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
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MCA Filings & Documents of Lucid Colloids Limited
MCA filings and documents for Lucid Colloids Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Lucid Colloids Limited
Recent News on Lucid Colloids Limited
Frequently Asked Questions about Lucid Colloids Limited
Lucid Colloids Limited is an active public limited company in the chemicals and materials sector based in Mumbai, Maharashtra, India. It was incorporated on 23 May 1996 (30+ years old) and is registered under CIN U24311MH1996PLC099800. The company has 240 employees.
Lucid Colloids Limited reported revenue of ₹267.85 Cr for FY 2025 (up 5.00% YoY).
The current directors and KMP of Lucid Colloids Limited are:
- Uday Vasudeo Thakurdesai - Director
- Dineshchandra Babel - Director
- Yogesh Vasantlal Vaza - Company Secretary
- Paolomi Uday Merchant - Whole-Time Director
- Uday Chaturbhuj Merchant - Managing Director
- Shailaja Uday Merchant - Whole-Time Director
The primary industry of Lucid Colloids Limited is chemicals and materials. The company specifically operates in specialty chemicals. The company is currently active in this sector.
Lucid Colloids Limited can be reached at the registered office: 401 Navbharat Estateszakaria Bunder Road Sewri W, Mumbai, Maharashtra, India – 400015, or through the website lucidcolloids.com.
The authorised capital is ₹10 Cr, and the paid-up capital is ₹5.5 Cr.