Nitrex Chemicals India Limited - Company Profile

It is a manufacturing public limited company based in Ahmadabad City, Gujarat, India, established in 2001.
2001 Ahmadabad City, Gujarat, India Active
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About Nitrex Chemicals India Limited

Nitrex Chemicals India Limited, a active public limited company, was established on 07 February 2001 in Ahmadabad City, Gujarat, India. Engaging in plastic & resins within the manufacturing sector, it holds CIN: U42203GJ2001PLC146496. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹49.94 Cr and a paid-up capital of ₹39.17 Cr.

Formerly known as Quest International (I) Ltd, Nitrex Chemicals India P Limited. It upholds a compliant status. Employing 329 professional, Its leadership includes Darshit Shukla Chandrakant (Cfo), Monojit Chaudhuri (Managing Director), Rajesh Man Mal Lodha (Director). Past directors included Pankaj Chadha, Bipin Lal, Steven Mark Enderby. It holds ₹40.24 Cr open charges and ₹147.87 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at 905, 9Th Floor, Shapath V, Opp. Karanavati Club, S.G.Highway, Ahmadabad City, Gujarat, 380015.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
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  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U42203GJ2001PLC146496

  • Registration Number

    146496

  • Incorporation Date

    07 February 2001

  • Authorized Capital

    ₹49.94 Cr

  • Paid-Up Capital

    ₹39.17 Cr

  • ROC Code

    Roc Ahmedabad

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 49.94 Cr
  • Paid Up Capital ₹ 39.17 Cr
  • Company Age 25 Year, 24 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 40.24 Cr
  • Satisfied Charges ₹ 147.87 Cr
  • Revenue Growth **** 30.53%
  • Profit Growth **** -23.53%
  • Ebitda **** -24.86%
  • Net Worth 3.32%
  • Total Assets **** 14.72%
Company report

Nitrex Chemicals India Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Nitrex Chemicals India 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 Nitrex Chemicals India Limited?
Current Directors
Name Designation Appointment Date Status
Darshit Shukla Chandrakant Cfo 18 Nov 2019 Current
Monojit Chaudhuri Managing Director 18 Nov 2019 Current
Rajesh Man Mal Lodha Director 15 Sep 2015 Current
Mahendra Gumanmalji Lodha Director 11 Aug 2008 Current
Devang Punamchand Sanghavi Director 01 Dec 2015 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Managing Director 16 Oct 2007 Past
Pramod Abcsdd Whole-Time Director 16 Oct 2007 Past
Pramod Abcsdd Director 30 Mar 2009 Past
Pramod Abcsdd Director 03 Feb 2009 Past
Pramod Abcsdd Additional Director 26 Nov 2021 Past
Pramod Abcsdd Managing Director 15 Sep 2015 Past

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Financial Performance of Nitrex Chemicals India.

Nitrex Chemicals India Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 30.53% increase. The company also saw a substantial fall in profitability, with a 23.53% decrease in profit. The company's net worth moved up by a moderate rise of 3.32%.

Nitrex Chemicals India revenue growth over time
Nitrex Chemicals India 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)
Total Revenue
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 30.53%
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Revenue from Operations
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 32.27%
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Total Assets
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 14.72%
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Profit or Loss
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 -23.53%
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Net Worth
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 3.32%
*******
*******
*******
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EBITDA
*******
 -24.86%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Nitrex Chemicals India?

In 2023, Nitrex Chemicals India had a promoter holding of 5.85% and a public holding of 94.15%. 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

₹402,360,000.00

Satisfied Charges

₹1,478,650,000.00

Charges Breakdown by Lending Institutions
  • Standard Chartered Bank : 40.00 Cr
  • Hdfc Bank Limited : 0.24 Cr
Latest Charge Details
Date Lender Amount Status
01 Oct 2021 Hdfc Bank Limited ₹2.36 M Open
09 Jan 2013 Standard Chartered Bank ₹20.00 Cr Open
21 Apr 2005 Standard Chartered Bank ₹20.00 Cr Open
28 Oct 2020 Hdfc Bank Limited ₹1.35 M Satisfied
11 Dec 2014 Standard Chartered Bank ₹9.00 Cr Satisfied

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How Many Employees Work at Nitrex Chemicals India?

Nitrex Chemicals India has a workforce of 329 employees as of Mar 31, 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 Nitrex Chemicals India, 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 Nitrex Chemicals India'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 Nitrex Chemicals India
Recent Activity within the Organization
  • Annual General Meeting

    The activity Nitrex Chemicals India Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was completed.

  • Balance Sheet

    Nitrex Chemicals India Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad. was recorded as a recent event.

  • Charges

    Progress on A charge registered on 16 Jan 2013 via Charge ID 10400153 with Standard Chartered Bank was fully satisfied on 19 Jul 2023. was documented.

  • Charges

    Progress on A charge with Hdfc Bank Limited amounted to Rs. 0.24 Cr with Charge ID 100502404 was registered on 01 Oct 2021. was documented.

  • Charges

    A charge registered on 28 Oct 2020 via Charge ID 100406294 with Hdfc Bank Limited was fully satisfied on 08 Sep 2021. was recorded as a recent event.

  • Charges

    Progress on A charge registered on 11 Dec 2014 via Charge ID 10540884 with Standard Chartered Bank was fully satisfied on 08 Apr 2021. was documented.

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Frequently Asked Questions
What is the CIN of Nitrex Chemicals India Limited?

The CIN of Nitrex Chemicals India Limited is U42203GJ2001PLC146496.

Where is Nitrex Chemicals India Limited headquartered?

Nitrex Chemicals India Limited is headquartered at 905, 9Th Floor, Shapath V, Opp. Karanavati Club, S.G.Highway, Ahmadabad City, Gujarat, 380015.

When was Nitrex Chemicals India Limited incorporated?

Nitrex Chemicals India Limited was incorporated on 07 February 2001.

Who are the current directors of Nitrex Chemicals India Limited?

The current directors of Nitrex Chemicals India Limited are

What is the primary industry of Nitrex Chemicals India Limited?

The primary industry of Nitrex Chemicals India Limited is Manufacturing.

Is Nitrex Chemicals India Limited a listed company?

Nitrex Chemicals India Limited is unlisted.

What is the capital structure of Nitrex Chemicals India Limited?

The authorized capital of Nitrex Chemicals India Limited is ₹49.94 Cr, and the paid-up capital is ₹39.17 Cr.

What is the compliance status of Nitrex Chemicals India Limited?

The compliance status of Nitrex Chemicals India Limited is Compliant.

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