MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-18-0085196
Promeda Chemotrade Private Limited - chemicals and materials in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹97.94 Lakh
▼ 80% YoY
Net loss · FY 2023
₹42.37 Lakh
Net margin -43.3%
EBITDA · FY 2023
-₹40.52 Lakh
EBITDA margin -41.4%
Authorised capital
₹4 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
8 yrs
Est. 2018
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Promeda Chemotrade Private Limited
Data last updated:
Promeda Chemotrade Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the chemical distribution and retail segment of the chemicals and materials sector. It was incorporated on 09 May 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24299MH2018PTC309171. Its GSTIN is 27AAJCP8639G1ZX (Maharashtra).
The company has an authorised share capital of ₹4 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Promeda Chemotrade (Opc) Private Limited. It is led by directors Ubaid Inayatullah Shaikh (Whole-Time Director) and Mohammed Shahid Mohamed Khaja Shaikh.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Unit No.121 1st Floor Ijmima Complex Off.Link Road Malad (West), Mumbai, Maharashtra, India – 400064.
As per the financials filed for FY 2023, the company reported a revenue of ₹97.94 Lakh, a decline of 80% compared to the previous year. For the same year it recorded a net loss of ₹42.37 Lakh (net margin -43.3%) and EBITDA of -₹40.52 Lakh (EBITDA margin -41.4%). Revenue has declined at a compounded annual rate (CAGR) of 49% over three years.
Promeda Chemotrade Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0085196). For more details, the company can be reached via its website chemotrade.in.
Company details
CIN U24299MH2018PTC309171
Registration Number 309171
Incorporation Date 09 May 2018
ROC Mumbai
Listing Status Unlisted
Company Status Active
MSME Classification Micro
Udyam Registration UDYAM-MH-18-0085196
CIN history
Promeda Chemotrade has one previous CIN (Corporate Identification Number): U24299MH2018OPC309171. The current CIN is U24299MH2018PTC309171, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U24299MH2018PTC309171 | Current |
| U24299MH2018OPC309171 | Previous |
Key People
Ubaid Inayatullah Shaikh Whole-Time Director Mohammed Shahid Mohamed Khaja Shaikh Director Recognitions & Rankings of Promeda Chemotrade
Contact details
Promeda Chemotrade Private Limited's registered office is in Mumbai, Maharashtra. Its website is chemotrade.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressUnit No.121 1st Floor Ijmima Complex Off.Link Road Malad (West), Mumbai, Maharashtra, India – 400064
- IndustryChemicals and Materials, Chemical Distribution & Retail
To see the full contact details of Promeda Chemotrade Private Limited, buy the company report.
Comprehensive company report
Promeda Chemotrade 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 Promeda Chemotrade 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 Promeda Chemotrade Private Limited, buy the company report.
Financials of Promeda Chemotrade Private Limited
FY 2023 filings availablePromeda Chemotrade Private Limited reported revenue of ₹97.94 Lakh (down 80% YoY) for FY 2023.
Revenue · FY 2023
₹97.94 Lakh ▼ 80%
Net loss · FY 2023
₹42.37 Lakh margin -43.3%
EBITDA · FY 2023
-₹40.52 Lakh margin -41.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 80%
3 years · compounded
▼ 49%
EBITDA CAGR growth
1 year
▲ 49%
3 years · compounded
▼ 36%
Revenue has declined at a compounded annual rate (CAGR) of 49% over three years, including a 80% fall in the latest year. EBITDA rose 49% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| 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 | -₹40.52 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹42.37 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -41.4% | ||||
| Net Profit Margin | -43.3% | ||||
| 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 Promeda Chemotrade Private Limited, buy the company report.
Board of directors of Promeda Chemotrade Private Limited
Promeda Chemotrade has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mohammed Shahid Mohamed Khaja Shaikh Also directs: Westfront Materials Private Limited | Director | 09 May 2018 | 8 Years 6 Months | Current |
| Ubaid Inayatullah Shaikh | Whole-Time Director | 04 Dec 2020 | 5 Years 11 Months | Current |
Peer comparison
Promeda Chemotrade Private Limited is compared with the 5 companies closest to it by revenue in the Chemicals industry (Chemical Retail and Distribution, Pharma 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 |
|---|---|---|---|---|---|---|
| Paints Shine Private Limited | ₹98.15 Lakh (FY 2022) | 577.0% | Pune, Maharashtra, India | |||
| SM Drugs Private Limited | ₹97.99 Lakh (FY 2018) | -47.0% | Madurai, Tamil Nadu, India | |||
| Jagajothi Pharma Private Limited | ₹97.96 Lakh (FY 2021) | -29.0% | Aruppukottai, Tamil Nadu, India | |||
| Promeda Chemotrade Private Limitedthis company | ₹97.94 Lakh (FY 2023) | -₹42.37 Lakh | -43.3% | -80.0% | Mumbai, Maharashtra, India | |
| Indonova Pharmaceuticals Private Limited | ₹97.91 Lakh (FY 2025) | 41.0% | Mumbai, Maharashtra, India | |||
| Marina Pharmaceuticals Private Limited | ₹97.81 Lakh (FY 2025) | 33.0% | Patna, Bihar, India |
To see the full peer comparison of Promeda Chemotrade Private Limited, buy the company report.
Shareholding
The shareholding of Promeda Chemotrade Private Limited is on record for 2 financial years, the latest being FY 2021, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2019 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Promeda Chemotrade Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Promeda Chemotrade Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Promeda Chemotrade Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Promeda Chemotrade has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAJCP8639G1ZX | Maharashtra | Active | 26 Jul 2018 |
To see the full GST registrations and return filing status of Promeda Chemotrade Private Limited, buy the company report.
Recent activity
Promeda Chemotrade Private Limited has 4 board changes on record since 2018: 3 appointments and 1 cessation. The latest: Ubaid Inayatullah Shaikh ceased to be Director on 15 Mar 2021.
AGM
Promeda Chemotrade Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Promeda Chemotrade Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.
Ceased
Ubaid Inayatullah Shaikh ceased to be Director.
Appointed
Ubaid Inayatullah Shaikh was appointed as Whole-Time Director.
Appointed
Aasiya Mohammed Shahid Shaikh was appointed as Nominee.
Appointed
Mohammed Shahid Mohamed Khaja Shaikh was appointed as Director.
Incorporation
09 May 2018
Promeda Chemotrade Private Limited was registered on 09 May 2018 with Roc Mumbai & aged 8 years 6 months as per MCA records.
Frequently asked questions
Promeda Chemotrade is an active 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 09 May 2018 (8+ years old) and is registered under CIN U24299MH2018PTC309171.
Promeda Chemotrade has 2 current directors:
- Ubaid Inayatullah Shaikh - Whole-Time Director
- Mohammed Shahid Mohamed Khaja Shaikh - Director
The latest financial statements of Promeda Chemotrade on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Promeda Chemotrade is 27AAJCP8639G1ZX, registered in Maharashtra.
The CIN (Corporate Identification Number) of Promeda Chemotrade is U24299MH2018PTC309171. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Promeda Chemotrade was incorporated on 09 May 2018, making it 8+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Promeda Chemotrade by revenue are Paints Shine Private Limited, SM Drugs Private Limited, Jagajothi Pharma Private Limited, Indonova Pharmaceuticals Private Limited, Marina Pharmaceuticals Private Limited, all in the Chemicals industry (Chemical Retail and Distribution, Pharma Retail and Distribution), with the same principal business activity (wholesale trading).
Ubaid Inayatullah Shaikh ceased to be Director on 15 Mar 2021. Ubaid Inayatullah Shaikh was appointed as Whole-Time Director on 04 Dec 2020. Aasiya Mohammed Shahid Shaikh was appointed as Nominee on 09 May 2018. Promeda Chemotrade has 4 board changes on record in total.
Yes, Promeda Chemotrade is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-18-0085196).
Promeda Chemotrade can be reached through the website chemotrade.in. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Promeda Chemotrade is at Unit No.121 1st Floor Ijmima Complex Off.Link Road Malad West, Mumbai, Maharashtra, India – 400064.
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