Rishichem Research Limited
About Rishichem Research Limited
Data last updated:
Rishichem Research Limited was a public limited company based in Badlapur, Maharashtra, India, operated as a subsidiary of Omkar Speciality Chemicals Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the specialty chemicals segment of the chemicals and materials sector. It was incorporated on 30 May 1995.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U24110MH1995PLC088969. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹5.4 Lakh. It was formerly known as Rishichem Research Private Limited. It was led by directors including Pravin Shivdas Herlekar and Rishikesh Pravin Herlekar.
Its last annual general meeting (AGM) was held on 24 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office was at W 83 C MIDC Badlapur (East), Maharashtra, India – 421503.
As per the financials filed for FY 2016, the company reported a revenue of ₹1.07 Cr. For the same year it recorded a net profit of ₹31.17 Lakh (net margin 29.2%) and EBITDA of ₹47.54 Lakh (EBITDA margin 44.6%).
As per MCA filings, the company had satisfied charges of ₹20.04 Cr on record. Court records list 1 case involving the company, including 1 filed by the company. The company has 1 deal on record (1 acquisition); the latest was in May 2010. Its 3 peer companies in the Chemicals industry (Specialty Chemicals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products) are compared by revenue, 3 smaller; the largest is Ethomer Speciality Chemicals Private Limited with revenue of ₹1.06 Cr.
Company details
CIN history
Rishichem Research has one previous CIN (Corporate Identification Number): U24110MH1995PTC088969. The current CIN is U24110MH1995PLC088969, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U24110MH1995PLC088969 | Current |
| U24110MH1995PTC088969 | Previous |
Contact details
Rishichem Research Limited's registered office is in Badlapur, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressW 83 C MIDC Badlapur (East), Maharashtra, India – 421503
- IndustryChemicals and Materials, Specialty Chemicals
To see the full contact details of Rishichem Research 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 Rishichem Research is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products |
To see the full business activity and turnover split of Rishichem Research Limited, buy the company report.
Financials of Rishichem Research Limited
FY 2016 filings availableRishichem Research Limited reported revenue of ₹1.07 Cr for FY 2016.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ₹1.07 Cr | |
| Other Income | ||
| Total Revenue | ||
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹47.54 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹31.17 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 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 44.6% | |
| Net Profit Margin | 29.2% | |
| 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 Rishichem Research Limited, buy the company report.
Board of directors of Rishichem Research Limited
Rishichem Research has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pravin Shivdas Herlekar | Director | 30 May 2005 | 21 Years 5 Months | As last reported |
| Rishikesh Pravin Herlekar | Director | 28 Mar 2013 | 13 Years 7 Months | As last reported |
| Girish Madhavrao Deshpande | Director | 10 Jul 2012 | 14 Years 3 Months | As last reported |
Peer comparison
Rishichem Research Limited is compared with the 3 companies closest to it by revenue in the Chemicals industry (Specialty Chemicals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Rishichem Research Limitedthis company | ₹1.07 Cr (FY 2016) | ₹31.17 Lakh | 29.2% | Badlapur, Maharashtra, India | ||
| Ethomer Speciality Chemicals Private Limited | ₹1.06 Cr (FY 2025) | 70.0% | Bhiwandi, Maharashtra, India | |||
| Tulsi Mahapragya Products Private Limited | ₹1.06 Cr (FY 2025) | -62.0% | Coochbihar, West Bengal, India | |||
| Sustainovate Industries Private Limited | ₹1.05 Cr (FY 2024) | Vadodara, Gujarat, India |
To see the full peer comparison of Rishichem Research Limited, buy the company report.
Auditor
Rishichem Research Limited is audited by SHAH & KATHARIYA for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHAH & KATHARIYA | FY 2016 | 115171W |
Shareholding
The shareholding of Rishichem Research Limited is on record for FY 2016, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2016 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Rishichem Research Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 May 2006 | 10008432 | Small Industries Development Bank of India | ₹2 Cr | Satisfied | |
| 24 Mar 2006 | 10005739 | Citi Bank N.A. | ₹70 Lakh | Satisfied | |
| 28 Jan 2006 | 80005594 | Citibank N. A. | ₹8.1 Cr | Satisfied | |
| 23 Jun 2005 | 90145763 | Citibank N.A. | ₹8.9 Cr | Satisfied | |
| 27 Apr 2000 | 90142855 | The Saraswat Co.Op. Bank Ltd. | ₹10.5 Lakh | Satisfied |
To see the full charge records of Rishichem Research Limited, buy the company report.
Total charge records: 7 View all charges
Deals & funding
Rishichem Research Limited has 1 deal on record (1 acquisition); the latest was in May 2010.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2010 | Acquisition | Undisclosed | Buyer: Omkar Speciality Chemicals Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Rishichem Research Limited has 1 court case on record: 1 filed by Rishichem Research. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (CSD) | Filed by the company | Disposed |
To see the full case history of Rishichem Research 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 Rishichem Research Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Rishichem Research has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Rishichem Research Limited, buy the company report.
Recent activity
Rishichem Research Limited has 9 board changes on record since 2005: 3 appointments and 6 cessations. The latest: Omkar Herlekar Pravin ceased to be Director on 12 Nov 2021.
16 earlier events are in the company report.
Frequently asked questions
Rishichem Research has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Rishichem Research was a public limited company based in Badlapur, Maharashtra, India. The company worked in specialty chemicals, within the chemicals and materials industry. It was incorporated on 30 May 1995 and is registered under CIN U24110MH1995PLC088969. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Rishichem Research was incorporated on 30 May 1995. It is registered with the Registrar of Companies, Mumbai.
Rishichem Research had 3 directors:
- Pravin Shivdas Herlekar - Director
- Rishikesh Pravin Herlekar - Director
- Girish Madhavrao Deshpande - Director
The CIN (Corporate Identification Number) of Rishichem Research is U24110MH1995PLC088969. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Rishichem Research is at W 83 C MIDC Badlapur East, Maharashtra, India – 421503.
The latest financial statements of Rishichem Research on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 24 September 2016. Year-wise statements from 2015 are in the company report.
No. Rishichem Research has 1 GST registration on record and it is cancelled or inactive.
Rishichem Research operated in the chemicals and materials industry, in the specialty chemicals segment.
Rishichem Research has 1 deal on record (1 acquisition); the latest was in May 2010.
The peers of Rishichem Research by revenue are Ethomer Speciality Chemicals Private Limited, Tulsi Mahapragya Products Private Limited, Sustainovate Industries Private Limited, all in the Chemicals industry (Specialty Chemicals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Sample company reports
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