Parth Chem Impex Private Limited
About Parth Chem Impex Private Limited
Data last updated:
Parth Chem Impex Private Limited is a private limited company based in Mumbai, Maharashtra, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the chemical distribution and retail segment of the chemicals and materials sector. It was incorporated on 22 February 2005.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51496MH2005PTC151492. Its GSTIN is 24AADCP4839L2Z3 (Gujarat). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹94.41 Lakh. It is led by directors Mehul Bhuta Chandrakant and Ambrish Doshi Bhikhalal.
Its last annual general meeting (AGM) was held on 30 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at B/1602 Kailash Tower Near Kamla Nagar M.G.Road Kandivali (West), Mumbai, Maharashtra, India – 400067.
As per the financials filed for FY 2017, the company reported a revenue of ₹98.97 Cr, a growth of 17% compared to the previous year. For the same year it recorded a net profit of ₹25.03 Lakh (net margin 0.3%) and EBITDA of ₹3.09 Cr (EBITDA margin 3.1%).
As per MCA filings, the company has open charges of ₹19.5 Cr and satisfied charges of ₹15.7 Cr on record. Court records list 18 cases involving the company, including 9 filed by the company and 9 filed against it.
Company details
Contact details
Parth Chem Impex Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressB/1602 Kailash Tower Near Kamla Nagar M.G.Road Kandivali (West), Mumbai, Maharashtra, India – 400067
- IndustryChemicals and Materials, Chemical Distribution & Retail
To see the full contact details of Parth Chem Impex 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 Parth Chem Impex is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Parth Chem Impex Private Limited, buy the company report.
Financials of Parth Chem Impex Private Limited
FY 2017 filings availableParth Chem Impex Private Limited reported revenue of ₹98.97 Cr (up 17% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue rose 17% in the latest year. EBITDA rose 2% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹98.97 Cr | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹3.09 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹25.03 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 3.1% | ||
| Net Profit Margin | 0.3% | ||
| 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 Parth Chem Impex Private Limited, buy the company report.
Board of directors of Parth Chem Impex Private Limited
Parth Chem Impex 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 |
|---|---|---|---|---|
| Mehul Bhuta Chandrakant | Director | 22 Feb 2005 | 21 Years 8 Months | As last reported |
| Ambrish Doshi Bhikhalal Also directs: Hemakshi Chemplast LLP, Kruti Chemplast LLP | Director | 16 Jan 2009 | 17 Years 9 Months | As last reported |
Peer comparison
Parth Chem Impex Private Limited is compared with the 3 companies closest to it by revenue in the Chemicals industry (Chemical Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Chemie Alliance (India) Private Limited | ₹99.88 Cr (FY 2025) | 32.0% | Mumbai, Maharashtra, India | |||
| Anand Petrochem Private Limited | ₹99.54 Cr (FY 2025) | 21.0% | Ahmedabad, Gujarat, India | |||
| Parth Chem Impex Private Limitedthis company | ₹98.97 Cr (FY 2017) | ₹25.03 Lakh | 0.3% | 17.0% | Mumbai, Maharashtra, India | |
| Jignesh Agency Private Limited | ₹98.17 Cr (FY 2025) | 1.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Parth Chem Impex Private Limited, buy the company report.
Auditor
Parth Chem Impex Private Limited is audited by BAJRANG PARAS & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BAJRANG PARAS & CO | FY 2017 | 118663W |
Shareholding
The shareholding of Parth Chem Impex Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Parth Chem Impex Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Mar 2010 | 10212961 | State Bank of India | ₹19.5 Cr | Open | |
| 12 Aug 2008 | 10119635 | Bank of Baroda | ₹12 Cr | Satisfied | |
| 13 Nov 2006 | 10030882 | Tamilnad Mercantile Bank Ltd. | ₹2.5 Cr | Satisfied | |
| 28 Mar 2005 | 80048406 | Ing Vysya Bank Limited | ₹1.2 Cr | Satisfied |
To see the full charge records of Parth Chem Impex Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Parth Chem Impex Private Limited has 18 court cases on record: 9 filed by Parth Chem Impex, 9 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 17 | 8 | 0 |
| High courts | 1 | 1 | 0 |
Cases on record (5 of 18)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by RBL Bank Ltd | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SS CASES S) | Filed against the company by Bajaj Finance Ltd | Disposed |
| District court, Ahmedabad, Gujarat | Court case (CR EN) | Filed against the company by RBL Bank Ltd | Disposed |
| District court, Hyderabad CCC, Telangana | Criminal complaint | Filed against the company by M/S. Gowra Petrochem Pvt. Ltd. Rep.By, V.Nageshwara Rao. | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Civil suit | Filed by the company against Touch Laminates Pvt Ltd and Ors and 3 others | Disposed |
To see the full case history of Parth Chem Impex 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 Parth Chem Impex Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Parth Chem Impex has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AADCP4839L2Z3 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Parth Chem Impex Private Limited, buy the company report.
Recent activity
Parth Chem Impex Private Limited has 3 board changes on record since 2005: 2 appointments and 1 cessation. The latest: Krishnaben Chandrakant Bhuta ceased to be Director on 07 Feb 2009.
2 earlier events are in the company report.
Frequently asked questions
Parth Chem Impex is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Parth Chem Impex is a company under liquidation, formerly operating as a private limited company based in Mumbai, Maharashtra, India. The company works in chemical distribution and retail, within the chemicals and materials industry. It was incorporated on 22 February 2005 and is registered under CIN U51496MH2005PTC151492. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Parth Chem Impex has 2 current directors:
- Mehul Bhuta Chandrakant - Director
- Ambrish Doshi Bhikhalal - Director
The latest financial statements of Parth Chem Impex on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 30 September 2017. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Parth Chem Impex is U51496MH2005PTC151492. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Parth Chem Impex has open charges of ₹19.5 Cr and satisfied charges of ₹15.7 Cr as per latest MCA filings.
Parth Chem Impex has 18 court cases on record: 9 filed by the company and 9 filed against it. Most are in the district courts.
Parth Chem Impex was incorporated on 22 February 2005. It is registered with the Registrar of Companies, Mumbai.
The peers of Parth Chem Impex by revenue are Chemie Alliance (India) Private Limited, Anand Petrochem Private Limited, Jignesh Agency Private Limited, all in the Chemicals industry (Chemical Retail and Distribution), with the same principal business activity (wholesale trading).
Krishnaben Chandrakant Bhuta ceased to be Director on 07 Feb 2009. Ambrish Doshi Bhikhalal was appointed as Director on 16 Jan 2009. Mehul Bhuta Chandrakant was appointed as Director on 22 Feb 2005.
The registered office of Parth Chem Impex is at B1602 Kailash Tower Near Kamla Nagar M.G.Road Kandivali West, Mumbai, Maharashtra, India – 400067.