MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-06-0004091
Siddharth Interchem Private Limited - pharma in Ankleshwar, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹56.22 Cr
▲ 60% YoY
Net loss · FY 2025
₹1.07 Cr
Net margin -1.9%
EBITDA · FY 2025
₹1.54 Cr
EBITDA margin 2.7%
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹3.5 Cr
Issued & subscribed
Open charges
₹24.7 Cr
Satisfied ₹56.04 Cr
Company age
24 yrs
Est. 2002
Employees · EPFO
116
Provident fund records
About Siddharth Interchem Private Limited
Data last updated:
Siddharth Interchem Private Limited is a private limited company based in Ankleshwar, Gujarat, India. It operates in the API manufacturers segment of the pharmaceuticals sector. It was incorporated on 17 May 2002 and has been in existence for over 24 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24231GJ2002PTC040746. Its GSTIN is 24AAHCS5724R1ZR (Gujarat).
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹3.5 Cr. It is led by directors including Siddhartha Pidhadia (Managing Director) and Karamshi D Pidhadia (Managing Director).
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 Plot No 6905 6914 6915 G.I.D.C. Opp. Gujarat Gas Company, Ankleshwar, Gujarat, India – 393002.
As per the financials filed for FY 2025, the company reported a revenue of ₹56.22 Cr, a growth of 60% compared to the previous year. For the same year it recorded a net loss of ₹1.07 Cr (net margin -1.9%) and EBITDA of ₹1.54 Cr (EBITDA margin 2.7%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years and 8% over five years.
The company has about 116 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹24.7 Cr and satisfied charges of ₹56.04 Cr on record. Court records list 1 case involving the company, including 1 filed against it.
Siddharth Interchem Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-06-0004091). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sipltd.net.
Company details
CIN U24231GJ2002PTC040746
Registration Number 040746
Incorporation Date 17 May 2002
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-GJ-06-0004091
Key People
Siddhartha Pidhadia Managing Director Karamshi D Pidhadia Managing Director Hansa Karamshi Pidhadia Director Recognitions & Rankings of Siddharth Interchem
Contact details
Siddharth Interchem Private Limited's registered office is in Ankleshwar, Gujarat. Its website is sipltd.net. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No 6905 6914 6915 G.I.D.C. Opp. Gujarat Gas Company, Ankleshwar, Gujarat, India – 393002
- IndustryPharma, API Manufacturers
To see the full contact details of Siddharth Interchem Private Limited, buy the company report.
Comprehensive company report
Siddharth Interchem 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 Siddharth Interchem 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 Siddharth Interchem Private Limited, buy the company report.
Financials of Siddharth Interchem Private Limited
FY 2025 filings availableSiddharth Interchem Private Limited reported revenue of ₹56.22 Cr (up 60% YoY) for FY 2025.
Revenue · FY 2025
₹56.22 Cr ▲ 60%
Net loss · FY 2025
₹1.07 Cr margin -1.9%
EBITDA · FY 2025
₹1.54 Cr margin 2.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 60%
3 years · compounded
▲ 15%
5 years · compounded
▲ 8%
EBITDA CAGR growth
1 year
▼ 61%
3 years · compounded
▼ 19%
5 years · compounded
▼ 26%
Revenue has grown at a compounded annual rate (CAGR) of 8% over five years, including 60% growth in the latest year. EBITDA fell 61% 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 |
|---|---|---|---|---|---|
| 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 | ₹1.54 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.07 Cr | ||||
| 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.7% | ||||
| Net Profit Margin | -1.9% | ||||
| 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 Siddharth Interchem Private Limited, buy the company report.
Board of directors of Siddharth Interchem Private Limited
Siddharth Interchem has 5 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 |
|---|---|---|---|---|
| Siddhartha Pidhadia Also directs: Siddharth Speciality Chemicals LLP | Managing Director | 05 Sep 2012 | 14 Years 2 Months | Current |
| Hansa Karamshi Pidhadia | Director | 17 May 2002 | 24 Years 5 Months | Current |
| Karamshi D Pidhadia | Managing Director | 01 Apr 2008 | 18 Years 7 Months | Current |
| Chandrakant Vallabhbhai Koladia | Director | 17 May 2002 | 24 Years 5 Months | Current |
| Kishorbhai Gopalbhai Pansuria | Director | 28 May 2007 | 19 Years 5 Months | Current |
Peer comparison
Siddharth Interchem Private Limited is compared with the 8 companies closest to it by revenue in the Pharma industry (API Manufacturers), 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 |
|---|---|---|---|---|---|---|
| Lakshmidurga Drugs & Intermediates Private Limited | ₹57.5 Cr (FY 2024) | -17.0% | Hyderabad, Telangana, India | |||
| Rini Life Science Private Limited | ₹57.3 Cr (FY 2025) | 8.0% | Indore, Madhya Pradesh, India | |||
| Gensynth Laboratories Private Limited | ₹56.86 Cr (FY 2025) | -29.0% | Patancheru, Telangana, India | |||
| GG Chemicals and Pharmaceuticals Private Limited | ₹56.58 Cr (FY 2025) | -54.0% | Derabassi, Punjab, India | |||
| Siddharth Interchem Private Limitedthis company | ₹56.22 Cr (FY 2025) | -₹1.07 Cr | -1.9% | 60.0% | 116 | Ankleshwar, Gujarat, India |
| Enal Drugs Pvt Ltd. | ₹55.27 Cr (FY 2024) | -21.0% | Hyderabad, Telangana, India | |||
| Apichem Laboratories Private Limited | ₹55.25 Cr (FY 2024) | 120.0% | Hyderabad, Telangana, India | |||
| G Amphray Pharmaceuticals Private Limited | ₹54.89 Cr (FY 2025) | 13.0% | Mumbai, Maharashtra, India | |||
| Ratnamani Bio-Chemicals and Pharmaceuticlas Private Ltd | ₹54.53 Cr (FY 2024) | 6.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Siddharth Interchem Private Limited, buy the company report.
Auditor
Siddharth Interchem Private Limited is audited by LNG & Co for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| LNG & Co | FY 2022 | 144957W |
Shareholding
The shareholding of Siddharth Interchem 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 Siddharth Interchem Private Limited, buy the company report.
Charges & borrowings
Open charges
₹24.7 Cr
Satisfied charges
₹56.04 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Jun 2023 | 100742878 | Others | ₹24.4 Cr | Open | |
| 20 Aug 2019 | 100298714 | Axis Bank Limited | ₹30.4 Lakh | Open | |
| 29 Aug 2018 | 100203838 | Axis Bank Limited | ₹25.46 Cr | Satisfied | |
| 29 Mar 2018 | 100170050 | Axis Bank Limited | ₹25.46 Cr | Satisfied | |
| 26 Oct 2009 | 10186352 | Bank of India | ₹30 Lakh | Satisfied |
To see the full charge records of Siddharth Interchem Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Siddharth Interchem Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Total cases
1
Filed against the company
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Bharuch, Gujarat | Criminal complaint | Filed against the company by R.B.Trivedi (Reginal Officer ) Gujarat Pollution Controll Board | Disposed |
To see the full case history of Siddharth Interchem 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
Siddharth Interchem Private Limited has 13 MSME Form 1 returns on record between 2019 and 2024, listing 1,002 overdue payments to 72 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 72)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| G.J. Multi Gases Private Limited | |||
| an individual supplier | |||
| Kasa Colour Chem | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Siddharth Interchem Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Siddharth Interchem Private Limited has a workforce of 116 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Employee count
116
Active EPFO establishments
1
Employee growth
8.4%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 116 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 | |
| FY 2015-16 | |
| FY 2012-13 |
To see the full employee and EPFO history of Siddharth Interchem Private Limited, buy the company report.
GST
Siddharth Interchem has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAHCS5724R1ZR | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Siddharth Interchem Private Limited, buy the company report.
Recent activity
Siddharth Interchem Private Limited has 7 board changes on record since 2002: 5 appointments and 2 cessations. The latest: Siddhartha Pidhadia ceased to be Director on 01 Apr 2018.
AGM
Siddharth Interchem Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Siddharth Interchem Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Others of Rs. 24.40 Cr registered on 06 Jun 2023 with Charge ID 100742878 was modified on 22 Dec 2023.
Charges
A charge registered on 29 Aug 2018 via Charge ID 100203838 with Axis Bank Limited was fully satisfied on 07 Nov 2023.
Charges
A charge registered on 29 Mar 2018 via Charge ID 100170050 with Axis Bank Limited was fully satisfied on 07 Nov 2023.
Charges
A charge with Others amounted to Rs. 24.40 Cr with Charge ID 100742878 was registered on 06 Jun 2023.
Charges
A charge with Axis Bank Limited of Rs. 25.46 Cr registered on 29 Aug 2018 with Charge ID 100203838 was modified on 12 Oct 2020.
Charges
A charge with Axis Bank Limited of Rs. 25.46 Cr registered on 29 Mar 2018 with Charge ID 100170050 was modified on 07 Aug 2020.
Charges
A charge with Axis Bank Limited amounted to Rs. 0.30 Cr with Charge ID 100298714 was registered on 20 Aug 2019.
Charges
A charge with Axis Bank Limited amounted to Rs. 25.46 Cr with Charge ID 100203838 was registered on 29 Aug 2018.
Charges
A charge registered on 01 Feb 2008 via Charge ID 10089814 with Bank Of India was fully satisfied on 21 Apr 2018.
Ceased
Siddhartha Pidhadia ceased to be Director.
12 earlier events are in the company report.
Frequently asked questions
Siddharth Interchem is an active private limited company based in Ankleshwar, Gujarat, India. The company works in api manufacturers, within the pharma industry. It was incorporated on 17 May 2002 (24+ years old) and is registered under CIN U24231GJ2002PTC040746.
Siddharth Interchem has 5 current directors:
- Siddhartha Pidhadia - Managing Director
- Karamshi D Pidhadia - Managing Director
- Hansa Karamshi Pidhadia - Director
- Chandrakant Vallabhbhai Koladia - Director
- Kishorbhai Gopalbhai Pansuria - Director
The latest financial statements of Siddharth Interchem 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 Siddharth Interchem is 24AAHCS5724R1ZR, registered in Gujarat.
The CIN (Corporate Identification Number) of Siddharth Interchem is U24231GJ2002PTC040746. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Siddharth Interchem has 1 court case on record: 1 filed against it.
Siddharth Interchem was incorporated on 17 May 2002, making it 24+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Siddharth Interchem by revenue are Lakshmidurga Drugs & Intermediates Private Limited, Rini Life Science Private Limited, Gensynth Laboratories Private Limited, GG Chemicals and Pharmaceuticals Private Limited, Enal Drugs Pvt Ltd. and 3 more, all in the Pharma industry (API Manufacturers), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Siddhartha Pidhadia ceased to be Director on 01 Apr 2018. Siddhartha Pidhadia was appointed as Managing Director on 05 Sep 2012. Kishorbhai Gopalbhai Pansuria ceased to be Additional Director on 30 Sep 2008. Siddharth Interchem has 7 board changes on record in total.
Yes, Siddharth Interchem is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-06-0004091).
Siddharth Interchem has 13 MSME Form 1 returns on record between 2019 and 2024, listing 1,002 overdue payments to 72 micro and small suppliers. The latest return was filed on 27 Apr 2024.
Siddharth Interchem can be reached through the website sipltd.net. Its registered office is in Ankleshwar, Gujarat, India.
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