Shital Additive LLP
About Shital Additive LLP
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Shital Additive LLP is a limited liability partnership (LLP) based in Gondal, Gujarat, India. It operates in the colorants, dyes and pigments segment of the chemicals and materials sector. It was incorporated on 04 October 2017 and has been in existence for over 9 years.
The LLP is registered with the Registrar of Companies (ROC), Ahmedabad, under LLPIN AAK-7503. Its GSTIN is 24ADMFS3789H1ZI (Gujarat).
The LLP has a total obligation of contribution of ₹4 Lakh. It is led by designated partners including Akhilkumar Arvindbhai Mendapara and Chirag Mohanlal Butani.
Its latest statement of accounts is for the year ended 31 March 2025. The registered office is at Gondal, Gujarat.
As per the financials filed for FY 2023, the LLP reported a revenue of ₹40.32 Cr, a decline of 1% compared to the previous year. For the same year it recorded a net profit of ₹18.87 Lakh (net margin 0.5%) and EBITDA of -₹13.56 Lakh (EBITDA margin -0.3%). Revenue has grown at a compounded annual rate (CAGR) of 49% over three years.
As per MCA filings, the LLP has open charges of ₹9.5 Cr on record.
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- Registered AddressSurvey No. 36 Paiki 1 Plot No.23 38&39 At Bharudi Opp. Hadamtala GIDC Near Sh, Aktiman, Gondal, Gujarat, India – 360311
- IndustryChemicals and Materials, Colorants, Dyes & Pigments
- 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
- One PDF report, delivered after checkout
Financials of Shital Additive LLP FY 2025 filings available
Shital Additive LLP reported revenue of ₹40.32 Cr (down 1% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Shital Additive LLP
Revenue fell 1% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 49%. 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 of Shital Additive LLP
| Statement of Account and Solvency | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Income and Expenditure | |||||
| Turnover | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Income | •••• | •••• | •••• | •••• | •••• |
| Purchases and Direct Costs | •••• | •••• | •••• | •••• | •••• |
| Personnel Expenses | •••• | •••• | •••• | •••• | •••• |
| Administrative Expenses | •••• | •••• | •••• | •••• | •••• |
| Interest | •••• | •••• | •••• | •••• | •••• |
| Depreciation | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax | •••• | •••• | •••• | •••• | •••• |
| Profit After Tax | ₹18.87 Lakh | •••• | •••• | •••• | •••• |
| Profit Transferred to Partners | •••• | •••• | •••• | •••• | •••• |
| Assets and Liabilities | |||||
| Partners' Contribution | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Secured Loans | •••• | •••• | •••• | •••• | •••• |
| Unsecured Loans | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Other Liabilities and Provisions | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Loans and Advances | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Shital Additive LLP
| Statement of Account and Solvency | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| Net Profit Margin | 0.5% | •••• | •••• | •••• | •••• |
| Return on Partners' Funds | •••• | •••• | •••• | •••• | •••• |
| Return on Assets | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt to Partners' Funds | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Turnover Growth | •••• | •••• | •••• | •••• | •••• |
| Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form 8. The full year-wise statements and ratios of Shital Additive are in the company report.
Financial statements from FY 2018
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Designated Partners of Shital Additive LLP
Shital Additive has 3 current designated partners and 1 former designated partner. Current designated partners are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Akhilkumar Arvindbhai Mendapara Also directs: Shital Power Tech LLP | Designated Partner | 04 Oct 2017 | 9 Years 0 Months | Current |
| Chirag Mohanlal Butani | Designated Partner | 04 Oct 2017 | 9 Years 0 Months | Current |
| Paragkumar Vallabhbhai Makadia Also directs: Shital Power Tech LLP, Shital Metalloys (India) Private Limited | Designated Partner | 04 Oct 2017 | 9 Years 0 Months | Current |
Ownership and Shareholding of Shital Additive LLP
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Shital Additive LLP
| Date | Lender | Amount | Status |
|---|---|---|---|
| 05 Mar 2019 | Hdfc Bank Limited | ₹4.75 Cr | Open |
| 02 Mar 2019 | Hdfc Bank Limited | ₹4.75 Cr | Open |
Total charge records: 2 View all charges
Employees and EPFO Compliance at Shital Additive LLP
Employment history and EPFO contributions of people linked to Shital Additive.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Shital Additive LLP
Shital Additive LLP has 4 designated partner changes on record since 2017: 4 appointments. The latest: Parthbhai Ashvinbhai Makadia was appointed as Partner on 18 Jun 2024.
Credit Ratings, Litigation & Regulatory Alerts for Shital Additive LLP
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Shital Additive LLP
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Shital Additive LLP
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Shital Additive LLP
Shital Additive has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24ADMFS3789H1ZI | Gujarat | Active | 27 Nov 2018 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Shital Additive LLP
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Shital Additive LLP
Shital Additive is an active limited liability partnership based in Gondal, Gujarat, India. The LLP works in colorants, dyes and pigments, within the chemicals and materials industry. It was incorporated on 04 October 2017 (9+ years old) and is registered under LLPIN AAK-7503.
Shital Additive reported revenue of ₹40.32 Cr for FY 2023 (down 1% YoY).
Shital Additive has 3 current designated partners:
- Akhilkumar Arvindbhai Mendapara - Designated Partner
- Chirag Mohanlal Butani - Designated Partner
- Paragkumar Vallabhbhai Makadia - Designated Partner
Shital Additive reported a net profit of ₹18.87 Lakh (net margin 0.5%) and EBITDA of -₹13.56 Lakh (EBITDA margin -0.3%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Shital Additive is 49% over three years. In the latest year (FY 2023) revenue fell 1%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Shital Additive is 24ADMFS3789H1ZI, registered in Gujarat.
The LLPIN (Limited Liability Partnership Identification Number) of Shital Additive is AAK-7503. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Shital Additive was incorporated on 04 October 2017, making it 9+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Parthbhai Ashvinbhai Makadia was appointed as Partner on 18 Jun 2024. Akhilkumar Arvindbhai Mendapara was appointed as Designated Partner on 04 Oct 2017. Chirag Mohanlal Butani was appointed as Designated Partner on 04 Oct 2017. Shital Additive has 4 designated partner changes on record in total.
The registered office of Shital Additive is at Survey No. 36 Paiki 1 Plot No.23 38&39 At Bharudi Opp. Hadamtala GIDC Near Sh, Aktiman, Gondal, Gujarat, India – 360311.