Prachi Polychem Private Limited

Prachi Polychem Private Limited - chemicals and materials in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
CIN U24304GJ2017PTC097667 Incorporated 31 May 2017 ROC Ahmedabad HQ Ahmedabad, Gujarat, India
Active Private Limited Company chemicals and materials MSME · Small
Data last updated
Revenue · FY 2024
₹3.12 Cr
▲ 118% YoY
Net profit · FY 2024
₹7.68 Lakh
Net margin 2.5%
EBITDA · FY 2024
₹46.87 Lakh
EBITDA margin 15%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹75 Lakh
Issued & subscribed
Open charges
₹1.6 Cr
Satisfied ₹9.48 Cr
Company age
9 yrs
Est. 2017
Directors on board
2
As per MCA filings

About Prachi Polychem Private Limited

Data last updated:

Prachi Polychem Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the industrial enzymes and biochemicals segment of the chemicals and materials sector. It was incorporated on 31 May 2017 and has been in existence for over 9 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24304GJ2017PTC097667. Its GSTIN is 24AAJCP2214M1ZF (Gujarat).

The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹75 Lakh. It is led by directors Vipulkumar Gunvantlal Shah and Pruthvisinh Bharatsinh Chauhan.

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at C/208 – Setudham Apartments Nr.Lotus School Viratnagar Road Ishanpur, Ahmedabad, Gujarat, India – 382443.

As per the financials filed for FY 2024, the company reported a revenue of ₹3.12 Cr, a growth of 118% compared to the previous year. For the same year it recorded a net profit of ₹7.68 Lakh (net margin 2.5%) and EBITDA of ₹46.87 Lakh (EBITDA margin 15%). Revenue has grown at a compounded annual rate (CAGR) of 26% over three years and 39% over five years.

As per MCA filings, the company has open charges of ₹1.6 Cr and satisfied charges of ₹9.48 Cr on record.

Prachi Polychem Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0131221). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U24304GJ2017PTC097667
Registration Number 097667
Incorporation Date 31 May 2017
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-01-0131221
Key People
Vipulkumar Gunvantlal Shah Director Pruthvisinh Bharatsinh Chauhan Director

Recognitions & Rankings of Prachi Polychem

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-GJ-01-0131221

Contact details

Prachi Polychem Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    C/208 – Setudham Apartments Nr.Lotus School Viratnagar Road Ishanpur, Ahmedabad, Gujarat, India – 382443
  • Industry
    Chemicals and Materials, Industrial Enzymes & Biochemicals, Organic Chemicals & Compounds

To see the full contact details of Prachi Polychem Private Limited, buy the company report.

Comprehensive company report
Prachi Polychem Private Limited - one report that includes everything
  • 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
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Business activity

The main business activity of Prachi Polychem is trade. In detail, this covers wholesale trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG1Wholesale Trading

To see the full business activity and turnover split of Prachi Polychem Private Limited, buy the company report.

Financials of Prachi Polychem Private Limited

FY 2024 filings available

Prachi Polychem Private Limited reported revenue of ₹3.12 Cr (up 118% YoY) for FY 2024.

Revenue · FY 2024
₹3.12 Cr ▲ 118%
Net profit · FY 2024
₹7.68 Lakh margin 2.5%
EBITDA · FY 2024
₹46.87 Lakh margin 15%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 118%
3 years · compounded
▲ 26%
5 years · compounded
▲ 39%
EBITDA CAGR growth
1 year
▼ 6%
3 years · compounded
▲ 26%
5 years · compounded
▲ 38%

Revenue has grown at a compounded annual rate (CAGR) of 39% over five years, including 118% growth in the latest year. EBITDA fell 6% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹46.87 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹7.68 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin15%
Net Profit Margin2.5%
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 Prachi Polychem Private Limited, buy the company report.

Board of directors of Prachi Polychem Private Limited

Prachi Polychem has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Vipulkumar Gunvantlal Shah
Also directs: Vippon Starch LLP
Director31 May 20179 Years 5 MonthsCurrent
Pruthvisinh Bharatsinh Chauhan
Also directs: Mechanizer India Private Limited
Director31 May 20179 Years 5 MonthsCurrent
View all directors

Auditor

Prachi Polychem Private Limited is audited by Chintan Shah & Associates for the financial year 2023.

Auditor firmFinancial yearFirm registration number
Chintan Shah & AssociatesFY 2023131248W

Shareholding

The shareholding of Prachi Polychem 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 categoryFY 2023FY 2021FY 2020FY 2019FY 2018
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Prachi Polychem Private Limited, buy the company report.

Charges & borrowings

Open charges
₹1.6 Cr
Satisfied charges
₹9.48 Cr
Breakdown by lending institutions
Others₹1.60 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
17 Sep 2025101181249Others₹1.6 CrOpen
04 Jul 2020100347141Bank of India₹34 LakhSatisfied
20 Oct 2018100226633Bank of India₹3.86 CrSatisfied
20 Oct 2018100227112Bank of India₹3.3 CrSatisfied
01 Sep 2018100226638Bank of India₹1.99 CrSatisfied

To see the full charge records of Prachi Polychem Private Limited, buy the company report.

Total charge records: 5 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Prachi Polychem Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Prachi Polychem has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AAJCP2214M1ZFGujaratActive01 Feb 2018

To see the full GST registrations and return filing status of Prachi Polychem Private Limited, buy the company report.

Recent activity

Prachi Polychem Private Limited has 3 board changes on record since 2017: 2 appointments and 1 cessation. The latest: Vinaykumar Ramjibhai Patel ceased to be Director on 23 Dec 2021.

Charges
A charge with Others amounted to Rs. 1.60 Cr with Charge ID 101181249 was registered on 17 Sep 2025.
Charges
A charge registered on 04 Jul 2020 via Charge ID 100347141 with Bank Of India was fully satisfied on 16 Dec 2024.
Charges
A charge registered on 20 Oct 2018 via Charge ID 100227112 with Bank Of India was fully satisfied on 16 Dec 2024.
Charges
A charge registered on 20 Oct 2018 via Charge ID 100226633 with Bank Of India was fully satisfied on 16 Dec 2024.
Charges
A charge registered on 01 Sep 2018 via Charge ID 100226638 with Bank Of India was fully satisfied on 16 Dec 2024.
AGM
Prachi Polychem Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Prachi Polychem Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Ceased
Vinaykumar Ramjibhai Patel ceased to be Director.
Charges
A charge with Bank Of India of Rs. 3.86 Cr registered on 20 Oct 2018 with Charge ID 100226633 was modified on 27 Jul 2020.
Charges
A charge with Bank Of India amounted to Rs. 0.34 Cr with Charge ID 100347141 was registered on 04 Jul 2020.
Charges
A charge with Bank Of India of Rs. 1.99 Cr registered on 01 Sep 2018 with Charge ID 100226638 was modified on 04 Jul 2020.
Charges
A charge with Bank Of India amounted to Rs. 3.30 Cr with Charge ID 100227112 was registered on 20 Oct 2018.

5 earlier events are in the company report.

Frequently asked questions

Prachi Polychem is an active private limited company based in Ahmedabad, Gujarat, India. The company works in industrial enzymes and biochemicals, within the chemicals and materials industry. It was incorporated on 31 May 2017 (9+ years old) and is registered under CIN U24304GJ2017PTC097667.

Prachi Polychem has 2 current directors:

The latest financial statements of Prachi Polychem on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2018 are in the company report.

The GSTIN of Prachi Polychem is 24AAJCP2214M1ZF, registered in Gujarat.

The CIN (Corporate Identification Number) of Prachi Polychem is U24304GJ2017PTC097667. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Prachi Polychem was incorporated on 31 May 2017, making it 9+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Vinaykumar Ramjibhai Patel ceased to be Director on 23 Dec 2021. Pruthvisinh Bharatsinh Chauhan was appointed as Director on 31 May 2017. Vipulkumar Gunvantlal Shah was appointed as Director on 31 May 2017.

Yes, Prachi Polychem is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-01-0131221).

The registered office of Prachi Polychem is at C208 – Setudham Apartments Nr.Lotus School Viratnagar Road Ishanpur, Ahmedabad, Gujarat, India – 382443.

Prachi Polychem operates in the chemicals and materials industry, in the industrial enzymes and biochemicals segment.