Nitchem Polymers LLP
About Nitchem Polymers LLP
Data last updated:
Nitchem Polymers LLP is a limited liability partnership (LLP) based in Delhi, India. It operates in the chemical distribution and retail segment of the chemicals and materials sector. It was incorporated on 15 February 2018 and has been in existence for over 8 years.
The LLP is registered with the Registrar of Companies (ROC), Delhi, under LLPIN AAM-0173.
The LLP has a total obligation of contribution of ₹1 Lakh. It is led by designated partners including Bharat Pravinbhai Thakkar and Subhash Chand Aggarwal.
Its latest statement of accounts is for the year ended 31 March 2025. The registered office is at B – 73 Jhilmil Colony, Delhi, India – 110095.
As per the financials filed for FY 2023, the LLP reported a revenue of ₹34.25 Cr, a decline of 8% compared to the previous year. For the same year it recorded a net profit of ₹8.07 Lakh (net margin 0.2%) and EBITDA of ₹96.9 Lakh (EBITDA margin 2.8%). Revenue has grown at a compounded annual rate (CAGR) of 110% over three years.
As per MCA filings, the LLP has open charges of ₹2.5 Cr and satisfied charges of ₹2.5 Cr on record. Court records list 1 case involving the LLP, including 1 filed by the LLP; 1 case is pending.
Company details
Contact details
Nitchem Polymers LLP's registered office is in Delhi, Delhi. Its e-mail address is in the company report.
- Email
- Registered AddressB – 73 Jhilmil Colony, Delhi, India – 110095
- IndustryChemicals and Materials, Chemical Distribution & Retail
To see the full contact details of Nitchem Polymers LLP, 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
Financials of Nitchem Polymers LLP
FY 2025 filings availableNitchem Polymers LLP reported revenue of ₹34.25 Cr (down 8% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue fell 8% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 110%. EBITDA rose 457% 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
| Statement of Account and Solvency | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Profit After Tax | ₹8.07 Lakh | ||||
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Financial Ratios
| Statement of Account and Solvency | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Net Profit Margin | 0.2% | ||||
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To see the full financial statements and ratios of Nitchem Polymers LLP, buy the company report.
Designated partners of Nitchem Polymers LLP
Nitchem Polymers has 3 current designated partners and 1 former designated partner. Current designated partners are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bharat Pravinbhai Thakkar | Designated Partner | 23 Nov 2023 | 2 Years 11 Months | Current |
| Subhash Chand Aggarwal | Designated Partner | 15 Feb 2018 | 8 Years 8 Months | Current |
| Rajesh Agarwal Also directs: Shree Balaji Ppolytube LLP, Bharatshakti Polytube Private Limited | Designated Partner | 23 Nov 2023 | 2 Years 11 Months | Current |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Nov 2021 | 100514053 | Bandhan Bank Limited | ₹2.5 Cr | Satisfied |
To see the full charge records of Nitchem Polymers LLP, buy the company report.
Total charge records: 1 View all charges
Legal cases
Nitchem Polymers LLP has 1 court case on record: 1 filed by Nitchem Polymers. All case is pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Shahdara, Delhi | Commercial suit | Filed by the company against M/S Gdecor Industries India Pvt Ltd | Pending |
To see the full case history of Nitchem Polymers LLP, 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 Nitchem Polymers LLP; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Nitchem Polymers LLP; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Nitchem Polymers LLP has 4 designated partner changes on record since 2018: 3 appointments and 1 cessation. The latest: Bharat Pravinbhai Thakkar was appointed as Designated Partner on 23 Nov 2023.
Frequently asked questions
Nitchem Polymers is an active limited liability partnership based in Delhi, India. The LLP works in chemical distribution and retail, within the chemicals and materials industry. It was incorporated on 15 February 2018 (8+ years old) and is registered under LLPIN AAM-0173.
Nitchem Polymers has 3 current designated partners:
- Bharat Pravinbhai Thakkar - Designated Partner
- Subhash Chand Aggarwal - Designated Partner
- Rajesh Agarwal - Designated Partner
The latest financial statements of Nitchem Polymers on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 31 March 2025. Year-wise statements from FY 2018 are in the company report.
The LLPIN (Limited Liability Partnership Identification Number) of Nitchem Polymers is AAM-0173. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Nitchem Polymers has 1 court case on record: 1 filed by the LLP. 1 is pending.
Nitchem Polymers was incorporated on 15 February 2018, making it 8+ years old. It is registered with the Registrar of Companies, Delhi.
Bharat Pravinbhai Thakkar was appointed as Designated Partner on 23 Nov 2023. Rajesh Agarwal was appointed as Designated Partner on 23 Nov 2023. Saurabh Aggarwal ceased to be Designated Partner on 23 Nov 2023. Nitchem Polymers has 4 designated partner changes on record in total.
The registered office of Nitchem Polymers is at B – 73 Jhilmil Colony, Delhi, India – 110095.
Nitchem Polymers operates in the chemicals and materials industry, in the chemical distribution and retail segment.
Nitchem Polymers has open charges of ₹2.5 Cr and satisfied charges of ₹2.5 Cr as per latest MCA filings.
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