Mahickra Chemicals Limited - Company Profile

It is a chemicals and materials public limited company based in Ahmedabad, Gujarat, India, established in 2017.
2017 Ahmedabad, Gujarat, India Active
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About Mahickra Chemicals Limited

Mahickra Chemicals Limited, a active public limited company, was established on 13 November 2017 in Ahmedabad, Gujarat, India. Engaging in dyes & pigments within the manufacturing sector, it holds CIN: L24304GJ2017PLC099781. Registered under ROC Roc Ahmedabad. it is listed on NSE: MAHICKRA. It has an authorized capital of ₹11.00 Cr and a paid-up capital of ₹8.12 Cr.

It upholds a compliant status. In 2023, it reported revenue of ₹106.75 Cr and a net worth of ₹32.49 Cr. Employing 9 professional, Its leadership includes Basari Dhanik Mehta (Director), Niren Atinbhai Desai (Director), Ashishkumar Champaklal Gandhi (Whole-Time Director). Past directors included Basari Dhanik Mehta, Niren Atinbhai Desai, Vrusha Patel. It holds ₹37.20 Cr open charges and ₹5.00 Cr settled loans. Its latest AGM occurred on 19 September 2025, with the balance sheet filed on 31 March 2025. It is based at Plot No. 1209, Phase 3 Gidc Vatva,, Ahmedabad, Gujarat, 382445.

Company Details
  • Email
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  • Telephone

    +91-XXXXXXXXXX

  • Website
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Company Details

  • CIN/LLPIN

    L24304GJ2017PLC099781

  • Registration Number

    099781

  • Incorporation Date

    13 November 2017

  • Authorized Capital

    ₹11.00 Cr

  • Paid-Up Capital

    ₹8.12 Cr

  • ROC Code

    Roc Ahmedabad

  • Listing Status

    Listed (NSE: MAHICKRA)

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 11.00 Cr
  • Paid Up Capital ₹ 8.12 Cr
  • Company Age 8 Year, 4 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 37.20 Cr
  • Satisfied Charges ₹ 5.00 Cr
Company report

Mahickra Chemicals Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Mahickra Chemicals 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 Mahickra Chemicals Limited?
Current Directors
Name Designation Appointment Date Status
Basari Dhanik Mehta Director 15 Jul 2023 Current
Niren Atinbhai Desai Director 15 Jul 2023 Current
Ashishkumar Champaklal Gandhi Whole-Time Director 13 Nov 2017 Current
Amisha Fenil Shah Director 11 Jul 2022 Current
Atul Sushilkumar Bachhawat Cfo 23 May 2025 Current
Sona Bachani Company Secretary 12 Oct 2022 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Additional Director 28 Aug 2023 Past
Pramod Abcsdd Additional Director 28 Aug 2023 Past
Pramod Abcsdd Additional Director 20 Dec 2017 Past
Pramod Abcsdd Company Secretary - Past
Pramod Abcsdd Director 20 Dec 2017 Past
Pramod Abcsdd Additional Director 28 Sep 2022 Past

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Financial Performance of Mahickra Chemicals.

Mahickra Chemicals Limited, for the financial year ended 2023, experienced no change in revenue, with a 0% increase. The company also saw a no change in profitability, with a 0% increase in profit. The company's net worth witnessed no change by increase of 0%.

Mahickra Chemicals revenue growth over time
Mahickra Chemicals 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)
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What is the Ownership and Shareholding Structure of Mahickra Chemicals?

In 2023, Mahickra Chemicals had a promoter holding of 53.05% and a public holding of 46.95%. The company had 1 Associate company. 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

₹372,000,000.00

Satisfied Charges

₹50,000,000.00

Charges Breakdown by Lending Institutions
  • State Bank Of India : 37.20 Cr
Latest Charge Details
Date Lender Amount Status
24 May 2019 State Bank Of India ₹17.00 Cr Open
07 Mar 2019 State Bank Of India ₹20.20 Cr Open
17 Jan 2018 Axis Bank Limited ₹5.00 Cr Satisfied

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How Many Employees Work at Mahickra Chemicals?

Mahickra Chemicals has a workforce of 9 employees as of Mar 23, 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 Mahickra Chemicals, 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 Mahickra Chemicals'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 Mahickra Chemicals
Recent Activity within the Organization
  • Charges

    The activity A charge with State Bank Of India of Rs. 20.20 Cr registered on 07 Mar 2019 with Charge ID 100258230 was modified on 29 Sep 2025. was completed.

  • Annual General Meeting

    Mahickra Chemicals Limited last Annual general meeting of members was held on 19 Sep 2025 as per latest MCA records. was recorded as a recent event.

  • Director Appointment

    Progress on Atul Sushilkumar Bachhawat was appointed as a Cfo was appointed as a Cfo on 04 Jul 2025 & has been associated with this company since 8 months 10 days . was documented.

  • Director Appointment

    The activity Atul Sushilkumar Bachhawat was appointed as a CFO was appointed as a CFO on 23 May 2025 & has been associated with this company since 9 months 22 days . was completed.

  • Balance Sheet

    The activity Mahickra Chemicals Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad. was completed.

  • Director Appointment

    The activity Basari Dhanik Mehta was appointed as a Director was appointed as a Director on 15 Jul 2023 & has been associated with this company since 2 years 8 months . was completed.

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Frequently Asked Questions
What is the CIN of Mahickra Chemicals Limited?

The CIN of Mahickra Chemicals Limited is L24304GJ2017PLC099781.

Where is Mahickra Chemicals Limited headquartered?

Mahickra Chemicals Limited is headquartered at Plot No. 1209, Phase 3 Gidc Vatva,, Ahmedabad, Gujarat, 382445.

When was Mahickra Chemicals Limited incorporated?

Mahickra Chemicals Limited was incorporated on 13 November 2017.

Who are the current directors of Mahickra Chemicals Limited?

The current directors of Mahickra Chemicals Limited are

What is the primary industry of Mahickra Chemicals Limited?

The primary industry of Mahickra Chemicals Limited is Manufacturing.

Is Mahickra Chemicals Limited a listed company?

Mahickra Chemicals Limited is listed. It is listed on NSE: MAHICKRA.

What is the capital structure of Mahickra Chemicals Limited?

The authorized capital of Mahickra Chemicals Limited is ₹11.00 Cr, and the paid-up capital is ₹8.12 Cr.

What is the compliance status of Mahickra Chemicals Limited?

The compliance status of Mahickra Chemicals Limited is Compliant.

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