About Chembond Material Technologies Private Limited
Data last updated:
Chembond Material Technologies Private Limited was a private limited company based in Navi Mumbai, Maharashtra, India, operated as a subsidiary of Chembond Chemicals Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the specialty chemicals segment of the chemicals and materials sector. It was incorporated on 24 March 2000.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U24200MH2000PTC125231. Its GSTIN is 27AABCP9509R1ZN (Maharashtra). The company held 6 GST registrations, all of them active.
The company had an authorised share capital of ₹2.5 Cr and a paid-up capital of ₹1.52 Cr. It was formerly known as Protochem Industries Private Limited. It was led by directors including Jaywant Keshavrao Tawade and Raj Kamal Gupta.
Its last annual general meeting (AGM) was held on 21 July 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office was at A – 737/5 Ttc MIDC Area Mahape Village Thane Belapur Road Vashi, Navi Mumbai, Maharashtra, India – 400710.
As per the financials filed for FY 2024, the company reported a revenue of ₹149.01 Cr, a growth of 9% compared to the previous year. For the same year it recorded a net profit of ₹8.13 Cr (net margin 5.5%) and EBITDA of ₹12.87 Cr (EBITDA margin 8.6%). Revenue has grown at a compounded annual rate (CAGR) of 41% over three years and 56% over five years.
As per MCA filings, the company had open charges of ₹1.53 Cr on record. Court records list 9 cases involving the company, including 9 filed by the company; 4 cases are pending. The company has 6 deals on record (5 secondary share transfers, 1 rights issue); the latest was in March 2020. The company has 11 MSME Form 1 returns on record between 2020 and 2023, listing 727 overdue payments to 66 micro and small suppliers.
The last known website on record is chembondindia.com.
Company details
Contact details
Chembond Material Technologies Private Limited's registered office is in Navi Mumbai, Maharashtra. Its website is chembondindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressA – 737/5 Ttc MIDC Area Mahape Village Thane Belapur Road Vashi, Navi Mumbai, Maharashtra, India – 400710
- IndustryChemicals and Materials, Specialty Chemicals
To see the full contact details of Chembond Material Technologies 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
Business activity
The main business activity of Chembond Material Technologies is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products |
To see the full business activity and turnover split of Chembond Material Technologies Private Limited, buy the company report.
Financials of Chembond Material Technologies Private Limited
FY 2024 filings availableChembond Material Technologies Private Limited reported revenue of ₹149.01 Cr (up 9% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 56% over five years, including 9% growth in the latest year. EBITDA rose 31% in the latest year. 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹12.87 Cr | ||||
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| Net Profit (PAT) | ₹8.13 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.6% | ||||
| Net Profit Margin | 5.5% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Chembond Material Technologies Private Limited, buy the company report.
Board of directors of Chembond Material Technologies Private Limited
Chembond Material Technologies has 8 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jaywant Keshavrao Tawade | Director | 12 Sep 2018 | 8 Years 1 Months | As last reported |
| Raj Kamal Gupta Also directs: Huber India Private Limited | Director | 10 Sep 2018 | 8 Years 1 Months | As last reported |
| Sameer Vinod Shah Also directs: Chembond Chemicals Limited, Chembond Material Technologies Limited, Visan Holdings Private Limited and 3 more | Director | 26 Mar 2009 | 17 Years 7 Months | As last reported |
| Harish Laxmichand Maheshwari | Director | 26 May 2019 | 7 Years 5 Months | As last reported |
| Jayesh Prabhulal Shah | Additional Director | 26 Jul 2024 | 2 Years 3 Months | As last reported |
| Subhash Pandharinath Kolhe | Director | 25 Sep 2018 | 8 Years 1 Months | As last reported |
Auditor
Chembond Material Technologies Private Limited is audited by Kastury & Talati for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Kastury & Talati | FY 2023 | 104908W |
Shareholding
The shareholding of Chembond Material Technologies Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Chembond Material Technologies Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 May 2005 | 90350856 | Bank of India | ₹8 Lakh | Open | |
| 01 Dec 2001 | 90348761 | Bank of India | ₹89.5 Lakh | Open | |
| 22 Nov 2001 | 90350149 | Bank of India | ₹55 Lakh | Open |
To see the full charge records of Chembond Material Technologies Private Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Chembond Material Technologies Private Limited has 6 deals on record (5 secondary share transfers, 1 rights issue); the latest was in March 2020.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2020 | Rights issue | ₹5 Cr | Investors: Chembond Chemicals Limited |
| Aug 2009 | Secondary share transfer | Undisclosed | Buyer: Chembond Chemicals Limited & Sameer Shah, Chembond Chemicals Limited & Nirmal Shah, Chembond Chemicals Limited Seller: Hemant H Parikh HUF, 3 individuals |
| Mar 2009 | Secondary share transfer | Undisclosed | Buyer: Chembond Chemicals Limited Seller: an individual |
| Mar 2009 | Secondary share transfer | Undisclosed | Buyer: Chembond Chemicals Limited Seller: Hemant H Parikh HUF |
| Mar 2009 | Secondary share transfer | Undisclosed | Buyer: Chembond Chemicals Limited Seller: Hemant H Parikh HUF, 3 individuals |
To see the full deal history of Chembond Material Technologies 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
Chembond Material Technologies Private Limited has 9 court cases on record: 9 filed by Chembond Material Technologies. 4 cases are pending and 5 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 0 | 4 |
| NCLT | 2 | 0 | 0 |
| High courts | 1 | 0 | 0 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thane, Maharashtra | Court case (Sum.Civ.Suit) | Filed by the company against Suresh Steel Tubes Pvt Ltd | Pending |
| District court, Thane, Maharashtra | Court case (Sum.Civ.Suit) | Filed by the company against Superdrawn Wire Industries Pvt. Ltd. | Pending |
| District court, Thane, Maharashtra | Court case (Sum.Civ.Suit) | Filed by the company against Anand Metal Ispat Pvt Ltd | Pending |
| District court, Thane, Maharashtra | Court case (Sum.Civ.Suit) | Filed by the company against Superdrawn Wire Industries Pvt. Ltd. | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Cases) | Filed by the company against individuals | Pending |
To see the full case history of Chembond Material Technologies Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Chembond Material Technologies Private Limited was last rated by Brickwork on 21 Sep 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Brickwork | 21 Sep 2020 |
To see the full credit ratings and regulatory alerts of Chembond Material Technologies Private Limited, buy the company report.
MSME payment delays
Chembond Material Technologies Private Limited has 11 MSME Form 1 returns on record between 2020 and 2023, listing 727 overdue payments to 66 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 66)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Royalty Minerals | |||
| Topnote Aromatics | |||
| Aakar India | |||
| Jayfluoride Private Limited | |||
| Vijai Polyproducts Private Limited |
To see the full MSME payment records of Chembond Material Technologies Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Chembond Material Technologies has 6 GST registrations: 6 active. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCP9509R1ZN | Maharashtra | Active | 01 Jul 2017 |
| 06AABCP9509R1ZR | Haryana | Active | 07 Nov 2018 |
| 24AABCP9509R1ZT | Gujarat | Active | 12 Jan 2019 |
| 33AABCP9509R1ZU | Tamil Nadu | Active | 31 May 2019 |
To see the full GST registrations and return filing status of Chembond Material Technologies Private Limited, buy the company report.
Recent activity
Chembond Material Technologies Private Limited has 19 board changes on record since 2009: 8 appointments and 11 cessations. The latest: Jayesh Prabhulal Shah was appointed as Additional Director on 26 Jul 2024.
15 earlier events are in the company report.
News
Frequently asked questions
Chembond Material Technologies has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Chembond Material Technologies was a private limited company based in Navi Mumbai, Maharashtra, India. The company worked in specialty chemicals, within the chemicals and materials industry. It was incorporated on 24 March 2000 and is registered under CIN U24200MH2000PTC125231. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Chembond Material Technologies was incorporated on 24 March 2000. It is registered with the Registrar of Companies, Mumbai.
Chembond Material Technologies had 8 directors:
- Jaywant Keshavrao Tawade - Director
- Raj Kamal Gupta - Director
- Sameer Vinod Shah - Director
- Harish Laxmichand Maheshwari - Director
- Jayesh Prabhulal Shah - Additional Director
- Subhash Pandharinath Kolhe - Director
- Nirmal Vinod Shah - Director
- Mahendra Kalyanji Ghelani - Director
The CIN (Corporate Identification Number) of Chembond Material Technologies is U24200MH2000PTC125231. 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 Chembond Material Technologies is at A – 7375 Ttc MIDC Area Mahape Village Thane Belapur Road Vashi, Navi Mumbai, Maharashtra, India – 400710.
Chembond Material Technologies can be reached through the website chembondindia.com. Its registered office is in Navi Mumbai, Maharashtra, India.
The latest financial statements of Chembond Material Technologies on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 21 July 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Chembond Material Technologies is 27AABCP9509R1ZN, registered in Maharashtra. The company has 6 GST registrations in all, of which 6 are active. Other active GSTINs include 06AABCP9509R1ZR (Haryana), 24AABCP9509R1ZT (Gujarat), 33AABCP9509R1ZU (Tamil Nadu).
Chembond Material Technologies operated in the chemicals and materials industry, in the specialty chemicals segment.
Chembond Material Technologies has 6 deals on record (5 secondary share transfers, 1 rights issue); the latest was in March 2020.