About Macdermid India Private Limited
Data last updated:
Macdermid India Private Limited was a private limited company based in Chennai, Tamil Nadu, India, operated as a subsidiary of Macdermid Singapore Pte Ltd. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the industrial chemicals segment of the chemicals and materials sector. It was incorporated on 19 November 2008.
The company was registered with the Registrar of Companies (ROC), Chennai, under CIN U24296TN2008PTC069896. The company has 4 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹27.75 Cr and a paid-up capital of ₹27.51 Cr. It was led by directors Ravindra Mohan Bhatkal and John Edward Capps.
Its last annual general meeting (AGM) was held on 12 August 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office was at Developed Plot No. 16 North Phase SIDCO Industrial Estate Ambattur, Chennai, Tamil Nadu, India – 600098.
As per the financials filed for FY 2022, the company reported a revenue of ₹2.02 Lakh. For the same year it recorded a net loss of ₹21.25 Lakh and EBITDA of -₹23.27 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 65% over three years and 49% over five years.
The company was associated with 1 brand: MacDermid. As per MCA filings, the company had satisfied charges of ₹45 Lakh on record. The company has 6 deals on record (4 rights issues, 2 funding rounds), with disclosed funding of ₹12.09 Cr; the latest was in May 2019.
The last known website on record is macdermid.com.
Company details
Contact details
Macdermid India Private Limited's registered office is in Chennai, Tamil Nadu. Its website is macdermid.com. Its telephone number is in the company report.
- Telephone
- Website
- Registered AddressDeveloped Plot No. 16 North Phase SIDCO Industrial Estate Ambattur, Chennai, Tamil Nadu, India – 600098
- IndustryChemicals and Materials, Industrial Chemicals
To see the full contact details of Macdermid India 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
Brands
Macdermid India operates one associated brand: MacDermid. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Chemicals and materials are manufactured for industrial electronics and plating. | macdermid.com |
Financials of Macdermid India Private Limited
FY 2024 filings availableMacdermid India Private Limited reported revenue of ₹2.02 Lakh for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 49% over five years. 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹2.02 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹23.27 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹21.25 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| Profitability | |||||
| EBITDA Margin | |||||
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To see the full financial statements and ratios of Macdermid India Private Limited, buy the company report.
Board of directors of Macdermid India Private Limited
Macdermid India has 2 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ravindra Mohan Bhatkal | Director | 14 Dec 2020 | 5 Years 10 Months | As last reported |
| John Edward Capps | Director | 16 Apr 2021 | 5 Years 6 Months | As last reported |
Auditor
Macdermid India Private Limited is audited by T B L & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| T B L & ASSOCIATES | FY 2022 | 012141S |
Shareholding
The shareholding of Macdermid India Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Macdermid India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 01 Sep 2009 | 10175244 | Axis Bank Limited | ₹45 Lakh | Satisfied |
To see the full charge records of Macdermid India Private Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Macdermid India Private Limited has 6 deals on record (4 rights issues, 2 funding rounds), with disclosed funding of ₹12.09 Cr; the latest was in May 2019.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2019 | Rights issue | ₹8.62 Cr | Investors: Macdermid Singapore Pte Ltd |
| Nov 2013 | Rights issue | ₹1.53 Cr | Investors: Macdermid Singapore Pte Ltd |
| Mar 2013 | Rights issue | ₹80.3 Lakh | Investors: Macdermid Singapore Pte Ltd |
| Jun 2012 | Rights issue | ₹3.81 Cr | Investors: Macdermid Singapore Pte Ltd |
| Nov 2010 | Funding round | ₹11.64 Cr | Investors: Macdermid Singapore Pte Ltd |
To see the full deal history of Macdermid India 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
No court or tribunal cases involving Macdermid India Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Macdermid India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Macdermid India has 4 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Macdermid India Private Limited, buy the company report.
Recent activity
Macdermid India Private Limited has 11 board changes on record since 2012: 2 appointments and 9 cessations. The latest: Sysha Suresh Kumar ceased to be Company Secretary on 30 Jun 2022.
4 earlier events are in the company report.
News
Frequently asked questions
Macdermid India has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Macdermid India was a private limited company based in Chennai, Tamil Nadu, India. The company worked in industrial chemicals, within the chemicals and materials industry. It was incorporated on 19 November 2008 and is registered under CIN U24296TN2008PTC069896. The company has been struck off by the Registrar of Companies and is no longer operational.
Macdermid India had 2 directors:
- Ravindra Mohan Bhatkal - Director
- John Edward Capps - Director
The CIN (Corporate Identification Number) of Macdermid India is U24296TN2008PTC069896. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Macdermid India is at Developed Plot No. 16 North Phase SIDCO Industrial Estate Ambattur, Chennai, Tamil Nadu, India – 600098.
Macdermid India was incorporated on 19 November 2008. It is registered with the Registrar of Companies, Chennai.
Macdermid India can be reached through the website macdermid.com. Its registered office is in Chennai, Tamil Nadu, India.
The latest financial statements of Macdermid India on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 12 August 2024. Year-wise statements from 2015 are in the company report.
No. Macdermid India has 4 GST registrations on record and all of them are cancelled or inactive.
Macdermid India operated in the chemicals and materials industry, in the industrial chemicals segment. It worked in this industry before it was struck off.