- Udyam number
- UDYAM-MH-18-0037894

About Rivochem Industries Private Limited
Data last updated:
Rivochem Industries Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the dyes and pigments segment of the chemicals and materials sector. It was incorporated on 13 June 1989 and has been in existence for over 37 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24230MH1989PTC052443. Its GSTIN is 27AAACG1282F1ZW (Maharashtra).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹28 Lakh. It was formerly known as Green Giant Pharmaceuticals Private Limited and Riverside Intra-Color Private Limited. It is led by directors including Girishchandra Harshuprasad Sharma and Rajesh Jayantilal Solanki.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹11.68 Cr, a growth of 91% compared to the previous year. For the same year it recorded a net profit of ₹7.01 Lakh (net margin 0.6%) and EBITDA of ₹14.87 Lakh (EBITDA margin 1.3%). Revenue has grown at a compounded annual rate (CAGR) of 17% over three years and 14% over five years.
The company is associated with 1 brand: Rivochem. As per MCA filings, the company has satisfied charges of ₹50 Lakh on record. Court records list 3 cases involving the company, including 1 filed by the company and 2 filed against it.
Rivochem Industries Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-MH-18-0037894). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website rivochem.com.
Company details
Name history
Rivochem Industries has undergone 2 name changes throughout its history. The company was previously known as Green Giant Pharmaceuticals Private Limited, and Riverside Intra-Color Private Limited. The current legal name is Rivochem Industries Private Limited.
| Company Name | Status |
|---|---|
| Rivochem Industries Private Limited | Current |
| Green Giant Pharmaceuticals Private Limited | Previous |
| Riverside Intra-Color Private Limited | Previous |
CIN history
Rivochem Industries has one previous CIN (Corporate Identification Number): U24230MH2004PTC052443. The current CIN is U24230MH1989PTC052443, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U24230MH1989PTC052443 | Current |
| U24230MH2004PTC052443 | Previous |
Recognitions & Rankings of Rivochem Industries
Contact details
Rivochem Industries Private Limited's registered office is in Mumbai, Maharashtra. Its website is rivochem.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address806 Topiwala Complex Wing B, Off S.V. Road Vlg Pahadi, Mumbai, Maharashtra, India – 400104
- IndustryChemicals and Materials, Dyes & Pigments, Colorants
To see the full contact details of Rivochem Industries 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
Brands
Rivochem Industries operates one associated brand: Rivochem. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of pigments, dispersions, and additives for coating, construction, and polymer industries. | rivochem.com |
Business activity
The main business activity of Rivochem Industries is manufacturing. In detail, this covers manufacture of basic pharmaceutical products and pharmaceutical preparations.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 21 | Manufacture of basic pharmaceutical products and pharmaceutical preparations |
To see the full business activity and turnover split of Rivochem Industries Private Limited, buy the company report.
Financials of Rivochem Industries Private Limited
FY 2025 filings availableRivochem Industries Private Limited reported revenue of ₹11.68 Cr (up 91% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 14% over five years, including 91% growth in the latest year. EBITDA rose 23% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹14.87 Lakh | ||||
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| Net Profit (PAT) | ₹7.01 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.3% | ||||
| Net Profit Margin | 0.6% | ||||
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To see the full financial statements and ratios of Rivochem Industries Private Limited, buy the company report.
Board of directors of Rivochem Industries Private Limited
Rivochem Industries has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Girishchandra Harshuprasad Sharma | Director | 07 Nov 2012 | 13 Years 11 Months | Current |
| Rajesh Jayantilal Solanki | Director | 01 Apr 2010 | 16 Years 7 Months | Current |
| Jayantilal Chandanmal Solanki Also directs: Rivomax Industries Private Limited | Director | 07 Mar 2015 | 11 Years 7 Months | Current |
Auditor
Rivochem Industries Private Limited is audited by SHAH & KATHARIYA for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHAH & KATHARIYA | FY 2023 | 115171W |
Shareholding
The shareholding of Rivochem Industries 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 category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Rivochem Industries Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Sep 1993 | 90222228 | State Bank of India | ₹50 Lakh | Satisfied |
To see the full charge records of Rivochem Industries Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Rivochem Industries Private Limited has 3 court cases on record: 1 filed by Rivochem Industries, 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 1 | 0 |
| District courts | 1 | 1 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (APP) | Filed by the company against Swash Nonionics Private Limited | Disposed |
| Bombay High Court | Company petition | Filed against the company by Swash Nonionics Pvt. Ltd. | Disposed |
| District court, Ratnagiri, Maharashtra | Court case (R.C.C.) | Filed against the company by The State - Food Inspector | Disposed |
To see the full case history of Rivochem Industries 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 Rivochem Industries Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Rivochem Industries has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACG1282F1ZW | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Rivochem Industries Private Limited, buy the company report.
Recent activity
Rivochem Industries Private Limited has 7 board changes on record since 2010: 3 appointments and 4 cessations. The latest: Girishchandra Harshuprasad Sharma ceased to be Additional Director on 05 Jul 2017.
1 earlier event is in the company report.
Frequently asked questions
Rivochem Industries is an active private limited company based in Mumbai, Maharashtra, India. The company works in dyes and pigments, within the chemicals and materials industry. It was incorporated on 13 June 1989 (37+ years old) and is registered under CIN U24230MH1989PTC052443.
Rivochem Industries has 3 current directors:
- Girishchandra Harshuprasad Sharma - Director
- Rajesh Jayantilal Solanki - Director
- Jayantilal Chandanmal Solanki - Director
The latest financial statements of Rivochem Industries on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Rivochem Industries is 27AAACG1282F1ZW, registered in Maharashtra.
The CIN (Corporate Identification Number) of Rivochem Industries is U24230MH1989PTC052443. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rivochem Industries has 3 court cases on record: 1 filed by the company and 2 filed against it. Most are in the high courts.
Rivochem Industries was incorporated on 13 June 1989, making it 37+ years old. It is registered with the Registrar of Companies, Mumbai.
Girishchandra Harshuprasad Sharma ceased to be Additional Director on 05 Jul 2017. Jayantilal Chandanmal Solanki was appointed as Director on 07 Mar 2015. Dalpatraj Ugamrajji Singhvi ceased to be Director on 07 Nov 2012. Rivochem Industries has 7 board changes on record in total.
Yes, Rivochem Industries is registered as an MSME under Udyam registration (number: UDYAM-MH-18-0037894).
Rivochem Industries can be reached through the website rivochem.com. Its registered office is in Mumbai, Maharashtra, India.

