Sovika Chemicals Private Limited - Company Profile

It is a chemicals and materials private limited company based in Mumbai, Maharashtra, India, established in 1980.
1980 Mumbai, Maharashtra, India Active
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About Sovika Chemicals Private Limited

Sovika Chemicals Private Limited, a active private limited company, was established on 12 September 1980 in Mumbai, Maharashtra, India. Engaging in chemical distribution & retail within the trade sector, it holds CIN: U24100MH1980PTC023118. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹2.50 M and a paid-up capital of ₹2.00 M.

It upholds a compliant status. Its leadership includes Sohan Chotalal Mehta (Managing Director), Sahil Sohan Mehta (Director), Shirish Khushalchand Desai (Director). Past directors included Narendra Dhoot, Dhiren Dhoot, Sudha Sohan Mehta. It holds ₹88.82 Cr open charges and ₹9.91 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at B 2 Parekh Mahal, 80-Veer Nariman Road,, Mumbai, Maharashtra, 400020.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
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  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U24100MH1980PTC023118

  • Registration Number

    023118

  • Incorporation Date

    12 September 1980

  • Authorized Capital

    ₹2.50 M

  • Paid-Up Capital

    ₹2.00 M

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 2.00 M
  • Company Age 45 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 88.82 Cr
  • Satisfied Charges ₹ 9.91 Cr
  • Revenue Growth **** 37.83%
  • Profit Growth **** 98.69%
  • Ebitda **** 80.69%
  • Net Worth 226.56%
  • Total Assets **** 0.35%
Company report

Sovika Chemicals Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Sovika Chemicals Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Sovika Chemicals Private Limited?
Current Directors
Name Designation Appointment Date Status
Sohan Chotalal Mehta Managing Director 12 Sep 1980 Current
Sahil Sohan Mehta Director 20 Apr 1994 Current
Shirish Khushalchand Desai Director 23 Oct 1984 Current
Kunal Shirish Desai Director 12 May 2014 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 26 Feb 2019 Past
Pramod Abcsdd Director 05 Mar 2019 Past
Pramod Abcsdd Director 11 Jun 2015 Past
Pramod Abcsdd Additional Director 17 Sep 2023 Past
Pramod Abcsdd Additional Director 14 Jul 2023 Past

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Financial Performance of Sovika Chemicals.

Sovika Chemicals Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 37.83% increase. The company also saw a substantial improvement in profitability, with a 98.69% increase in profit. The company's net worth Soared by an impressive increase of 226.56%.

Sovika Chemicals revenue growth over time
Sovika Chemicals profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
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 37.83%
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Revenue from Operations
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 37.94%
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*******
*******
Total Assets
*******
 0.35%
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*******
*******
*******
Profit or Loss
*******
 98.69%
*******
*******
*******
*******
Net Worth
*******
 226.56%
*******
*******
*******
*******
EBITDA
*******
 80.69%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Sovika Chemicals?

In 2023, Sovika Chemicals had a promoter holding of 100.00%. The company had 1 Subsidiary and 2 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹888,246,756.00

Satisfied Charges

₹99,100,000.00

Charges Breakdown by Lending Institutions
  • Others : 80.00 Cr
  • Union Bank Of India : 7.66 Cr
  • Dena Bank : 0.50 Cr
  • The Hongkong & Shanghai Banking Corporation : 0.46 Cr
  • The Hongkong & Shanghai Baking Corporation : 0.20 Cr
Latest Charge Details
Date Lender Amount Status
03 Oct 2020 Others ₹1.40 Cr Open
10 Sep 2020 Others ₹4.05 M Open
24 Jul 2020 Others ₹7.00 M Open
29 Mar 2019 Others ₹69.00 Cr Open
23 Oct 2012 Union Bank Of India ₹4.60 M Open

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How Many Employees Work at Sovika Chemicals?

Unlock and access historical data on people associated with Sovika Chemicals, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Sovika Chemicals, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Sovika Chemicals's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Sovika Chemicals
Recent Activity within the Organization
  • Charges

    Progress on A charge registered on 22 Jul 2023 via Charge ID 100748221 with Others was fully satisfied on 28 Jul 2025. was documented.

  • Annual General Meeting

    The activity Sovika Chemicals Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was completed.

  • Balance Sheet

    Sovika Chemicals Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai. was recorded as a recent event.

  • Charges

    A charge with Others amounted to Rs. 99.10 M with Charge ID 100748221 was registered on 22 Jul 2023. was recorded as a recent event.

  • Charges

    The activity A charge with Others amounted to Rs. 14.00 M with Charge ID 100380812 was registered on 03 Oct 2020. was completed.

  • Charges

    Progress on A charge with Others amounted to Rs. 4.05 M with Charge ID 100380817 was registered on 10 Sep 2020. was documented.

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Frequently Asked Questions
What is the CIN of Sovika Chemicals Private Limited?

The CIN of Sovika Chemicals Private Limited is U24100MH1980PTC023118.

Where is Sovika Chemicals Private Limited headquartered?

Sovika Chemicals Private Limited is headquartered at B 2 Parekh Mahal, 80-Veer Nariman Road,, Mumbai, Maharashtra, 400020.

When was Sovika Chemicals Private Limited incorporated?

Sovika Chemicals Private Limited was incorporated on 12 September 1980.

Who are the current directors of Sovika Chemicals Private Limited?

The current directors of Sovika Chemicals Private Limited are

What is the primary industry of Sovika Chemicals Private Limited?

The primary industry of Sovika Chemicals Private Limited is Trade.

Is Sovika Chemicals Private Limited a listed company?

Sovika Chemicals Private Limited is unlisted.

What is the capital structure of Sovika Chemicals Private Limited?

The authorized capital of Sovika Chemicals Private Limited is ₹2.50 M, and the paid-up capital is ₹2.00 M.

What is the compliance status of Sovika Chemicals Private Limited?

The compliance status of Sovika Chemicals Private Limited is Compliant.

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