About Sovika Chemicals Private Limited
Data last updated: 23 December 2025
Sovika Chemicals Private Limited is a private limited company based in Mumbai, Maharashtra, India. It specialises in chemical distribution and retail, a part of the broader chemicals and materials sector. Incorporated on 12 September 1980, the company has been in operation for over 46 years.
Registered with ROC Mumbai under CIN U24100MH1980PTC023118.
Capital: an authorised share capital of ₹25 Lakh and a paid-up capital of ₹20 Lakh. It is led by directors including Sohan Chotalal Mehta and Sahil Sohan Mehta.
Last AGM: 30 September 2024. Financial statements filed for year ended 31 March 2024. Office: B 2 Parekh Mahal 80 – Veer Nariman Road, Mumbai, Maharashtra, India – 400020.
As per the financials filed for FY 2025, the company reported a revenue of ₹60.17 Cr, a decline of 62% compared to the previous year.
Its group structure includes 1 subsidiary.
As per MCA filings, the company has open charges of ₹88.82 Cr and satisfied charges of ₹9.91 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sovikagroup.com.
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Registered AddressB 2 Parekh Mahal 80 – Veer Nariman Road, Mumbai, Maharashtra, India – 400020
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IndustryChemicals and Materials, Chemical Distribution & Retail
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
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Business Activity of Sovika Chemicals Private Limited
Sovika Chemicals Private Limited is engaged in the principal business activity of trade, with detailed activities including wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
Business activity turnover details for Sovika Chemicals Private Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
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Auditor Details of Sovika Chemicals Private Limited
Sovika Chemicals Private Limited is audited by P C Ghadiali And Co Llp for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| P C Ghadiali And Co Llp | Locked | Locked | Locked |
Complete auditor history for Sovika Chemicals Private Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
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- Appointment dates
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Board of Directors of Sovika Chemicals Private Limited
Sovika Chemicals Private Limited is currently managed by 4 directors, with 5 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
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Sohan Chotalal Mehta
Also directs:
Sovika Airline Services Limited, Sahil Real Estate Private Limited, Aircrew Technical Services Llp and 3 more
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Managing Director | 12 Sep 1980 | 45 Years 10 Months | Current |
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Sahil Sohan Mehta
Also directs:
Sovika Airline Services Limited, Sahil Real Estate Private Limited, Ip Avenue Facility Management Llp and 5 more
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Director | 20 Apr 1994 | 32 Years 3 Months | Current |
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Shirish Khushalchand Desai
Also directs:
Golden Aviation Services Llp, Technova Remedies (India) Private Limited, Sovika Airline Services Limited and 1 more
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Director | 23 Oct 1984 | 41 Years 8 Months | Current |
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Kunal Shirish Desai
Also directs:
Technova Remedies (India) Private Limited, Myta Enterprises Llp
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Director | 12 May 2014 | 12 Years 2 Months | Current |
Financials of Sovika Chemicals Private Limited FY 2024 filings available
Sovika Chemicals Private Limited reported revenue of ₹60.17 Cr (down 62.00% YoY) for FY 2025.
Ten-year financial statements for Sovika Chemicals Private Limited
Historical statement values and trend charts require an active report plan.
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- Balance sheets
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Ownership and Shareholding of Sovika Chemicals Private Limited
Shareholding and ownership data for Sovika Chemicals Private Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
- Ownership categories
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- FII and DII holdings
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Group Structure of Sovika Chemicals Private Limited
Sovika Chemicals Private Limited has 1 subsidiary company and 2 associated companies. This group structure data is as of FY 2023. The corporate group structure reflects Sovika Chemicals Private Limited's business expansion strategy and organizational complexity.
| Company Name | CIN | Shares Held |
|---|---|---|
| Bangalore Airport Terminal Services Private Limited | U63013KA2006PTC039632 | Locked |
Showing major subsidiaries. Total: 1.
Charges & Borrowings of Sovika Chemicals Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 03 Oct 2020 | Others | ₹1.4 Cr | Open |
| 10 Sep 2020 | Others | ₹40.47 Lakh | Open |
| 24 Jul 2020 | Others | ₹70 Lakh | Open |
| 29 Mar 2019 | Others | ₹69 Cr | Open |
| 23 Oct 2012 | Union Bank of India | ₹46 Lakh | Open |
Total charge records: 15 View all charges
Employees and EPFO Compliance at Sovika Chemicals Private Limited
View historical data on people associated with Sovika Chemicals Private Limited, including employment history and EPFO contributions.
Employee and EPFO history for Sovika Chemicals Private Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
- ECR filing status
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GST Compliance of Sovika Chemicals Private Limited
GST registrations and filing compliance for Sovika Chemicals Private Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- GSTIN registrations
- State-wise filing status
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Credit Ratings, Litigation & Regulatory Alerts for Sovika Chemicals Private Limited
Credit ratings, litigation, and regulatory alerts for Sovika Chemicals Private Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- Rating history
- Court and tribunal cases
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MSME Payment Delays by Sovika Chemicals Private Limited
MSME payment history for Sovika Chemicals Private Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
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Subsidiaries & Group Companies of Sovika Chemicals Private Limited
Corporate group structure for Sovika Chemicals Private Limited
Parent, subsidiary, associate, joint venture, and ownership records require an active report plan.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
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MCA Filings & Documents of Sovika Chemicals Private Limited
MCA filings and documents for Sovika Chemicals Private Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
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Recent Activity on Sovika Chemicals Private Limited
Frequently Asked Questions about Sovika Chemicals Private Limited
Sovika Chemicals Private Limited is an active private limited company in the chemicals and materials sector based in Mumbai, Maharashtra, India. It was incorporated on 12 September 1980 (46+ years old) and is registered under CIN U24100MH1980PTC023118.
Sovika Chemicals Private Limited reported revenue of ₹60.17 Cr for FY 2025 (down 62.00% YoY).
The current directors of Sovika Chemicals Private Limited are:
- Sohan Chotalal Mehta - Managing Director
- Sahil Sohan Mehta - Director
- Shirish Khushalchand Desai - Director
- Kunal Shirish Desai - Director
The primary industry of Sovika Chemicals Private Limited is chemicals and materials. The company specifically operates in chemical distribution and retail. The company is currently active in this sector.
Sovika Chemicals Private Limited can be reached at the registered office: B 2 Parekh Mahal 80 – Veer Nariman Road, Mumbai, Maharashtra, India – 400020, or through the website sovikagroup.com.
The authorised capital is ₹25 Lakh, and the paid-up capital is ₹20 Lakh.