About Giriraj Speciality Private Limited
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Giriraj Speciality Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the organic chemicals and compounds segment of the chemicals and materials sector. It was incorporated on 29 October 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U27101MH2010PTC209585. Its GSTIN is 24AAECG0215G1Z9 (Gujarat). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors Girish Keshavlal Shah and Padmanabh Girish Shah.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at 4 Rambha Dadabhai Road Vile Parle West, Mumbai, Maharashtra, India – 400056.
As per the financials filed for FY 2018, the company reported a revenue of ₹29.49 Cr, a growth of 144% compared to the previous year. For the same year it recorded a net loss of ₹70.43 Lakh (net margin -2.4%) and EBITDA of -₹20.76 Lakh (EBITDA margin -0.7%). Revenue has grown at a compounded annual rate (CAGR) of 48% over three years.
As per MCA filings, the company has open charges of ₹6.4 Cr on record. Court records list 24 cases involving the company, including 14 filed by the company and 10 filed against it; 4 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website girirajgroup.co.in.
Company details
Contact details
Giriraj Speciality Private Limited's registered office is in Mumbai, Maharashtra. Its website is girirajgroup.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address4 Rambha Dadabhai Road Vile Parle West, Mumbai, Maharashtra, India – 400056
- IndustryChemicals and Materials, Organic Chemicals & Compounds
To see the full contact details of Giriraj Speciality 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 activities of Giriraj Speciality are manufacturing and support service to organizations. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products and other support services to organizations. 2 activity segments are registered with the MCA.
| 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 | |
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Giriraj Speciality Private Limited, buy the company report.
Financials of Giriraj Speciality Private Limited
FY 2018 filings availableGiriraj Speciality Private Limited reported revenue of ₹29.49 Cr (up 144% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 48% over three years, including 144% growth in the latest year. EBITDA fell 154% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹29.49 Cr | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | -₹20.76 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹70.43 Lakh | |||
| Balance Sheet | ||||
| Share Capital | ||||
| Reserves and Surplus | ||||
| Net Worth (Total Equity) | ||||
| Long-term Borrowings | ||||
| Short-term Borrowings | ||||
| Trade Payables | ||||
| Total Liabilities | ||||
| Fixed Assets | ||||
| Investments | ||||
| Inventories | ||||
| Trade Receivables | ||||
| Cash and Bank Balance | ||||
| Total Assets | ||||
Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -0.7% | |||
| Net Profit Margin | -2.4% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
| Liquidity and Debt | ||||
| Current Ratio | ||||
| Quick Ratio | ||||
| Debt-to-Equity Ratio | ||||
| Interest Coverage Ratio | ||||
| Efficiency and Growth | ||||
| Asset Turnover | ||||
| Receivable Days | ||||
| Payable Days | ||||
| Inventory Days | ||||
| Revenue Growth | ||||
| Net Profit Growth | ||||
To see the full financial statements and ratios of Giriraj Speciality Private Limited, buy the company report.
Board of directors of Giriraj Speciality Private Limited
Giriraj Speciality has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Girish Keshavlal Shah | Director | 01 Jan 2014 | 12 Years 9 Months | Current |
| Padmanabh Girish Shah Also directs: Giriraj Waxes LLP, Heimat Beverages Private Limited, Nirmaan Getranke & Spezialitaten Limited and 2 more | Director | 29 Oct 2010 | 15 Years 11 Months | Current |
Peer comparison
Giriraj Speciality Private Limited is compared with the 5 companies closest to it by revenue in the Chemicals industry (Organic Chemicals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Syntho Chem Pvt. Ltd. | ₹30.3 Cr (FY 2024) | 10.0% | Pithampur, Madhya Pradesh, India | |||
| Jaimurty Minerals and Chemicals Private Limited | ₹30.25 Cr (FY 2016) | -13.0% | Uttarakhand, India | |||
| B M D Chemicals Private Limited | ₹30.16 Cr (FY 2025) | -20.0% | Mumbai, Maharashtra, India | |||
| Giriraj Speciality Private Limitedthis company | ₹29.49 Cr (FY 2018) | -₹70.43 Lakh | -2.4% | 144.0% | Mumbai, Maharashtra, India | |
| Vinayak Organics Pvt Ltd | ₹29.46 Cr (FY 2025) | 10.0% | Vaghodia, Gujarat, India | |||
| Pahwa Plastics Private Limited | ₹28.6 Cr (FY 2023) | -8.0% | Delhi, India |
To see the full peer comparison of Giriraj Speciality Private Limited, buy the company report.
Auditor
Giriraj Speciality Private Limited is audited by ARUN RATNAWAT & ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ARUN RATNAWAT & ASSOCIATES | FY 2018 | 010664C |
Shareholding
The shareholding of Giriraj Speciality Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Giriraj Speciality Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Jan 2012 | 10330634 | Others | ₹2.55 Cr | Open | |
| 19 Jan 2012 | 10330631 | Union Bank of India | ₹3.85 Cr | Open |
To see the full charge records of Giriraj Speciality Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Giriraj Speciality Private Limited has 24 court cases on record: 14 filed by Giriraj Speciality, 10 filed against it. 4 cases are pending and 20 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 24 | 10 | 4 |
Cases on record (5 of 24)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Execution petition | Filed against the company by BLR Logistiks (I) Ltd. | Pending |
| District court, Vadodara, Gujarat | Criminal complaint | Filed against the company by V Trans India Ltd - Sunil Samania | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Private cases SS) | Filed by the company against M/S Suvarna Additives Pvt. Ltd, | Pending |
| District court, Vadodara, Gujarat | Criminal complaint | Filed by the company against Dushyant B Rana M/S Platinum Chemicals Ltd and 1 other | Disposed |
| District court, Vadodara, Gujarat | Criminal complaint | Filed by the company against Suvarna Additives Pvt Ltd, and 1 other | Disposed |
To see the full case history of Giriraj Speciality 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Giriraj Speciality Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Giriraj Speciality has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAECG0215G1Z9 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Giriraj Speciality Private Limited, buy the company report.
Recent activity
Giriraj Speciality Private Limited has 3 board changes on record since 2010: 2 appointments and 1 cessation. The latest: Manojkumar Pitambarbhai Patel ceased to be Director on 25 Dec 2018.
Frequently asked questions
Giriraj Speciality is an active private limited company based in Mumbai, Maharashtra, India. The company works in organic chemicals and compounds, within the chemicals and materials industry. It was incorporated on 29 October 2010 (16+ years old) and is registered under CIN U27101MH2010PTC209585.
Giriraj Speciality has 2 current directors:
- Girish Keshavlal Shah - Director
- Padmanabh Girish Shah - Director
The latest financial statements of Giriraj Speciality on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
The GSTIN of Giriraj Speciality is 24AAECG0215G1Z9, registered in Gujarat. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Giriraj Speciality is U27101MH2010PTC209585. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Giriraj Speciality has 24 court cases on record: 14 filed by the company and 10 filed against it. 4 are pending.
Giriraj Speciality was incorporated on 29 October 2010, making it 16+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Giriraj Speciality by revenue are Syntho Chem Pvt. Ltd, Jaimurty Minerals and Chemicals Private Limited, B M D Chemicals Private Limited, Vinayak Organics Pvt Ltd, Pahwa Plastics Private Limited, all in the Chemicals industry (Organic Chemicals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Manojkumar Pitambarbhai Patel ceased to be Director on 25 Dec 2018. Girish Keshavlal Shah was appointed as Director on 01 Jan 2014. Padmanabh Girish Shah was appointed as Director on 29 Oct 2010.
Giriraj Speciality can be reached through the website girirajgroup.co.in. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Giriraj Speciality is at 4 Rambha Dadabhai Road Vile Parle West, Mumbai, Maharashtra, India – 400056.