India's Richest People 2026 edition · 1 director · Source: Hurun India
- #305 Vinod Saraf & family ₹12,500 Cr
Revenue · FY 2025
₹74.37 Cr
▲ 201% YoY
Net profit · FY 2025
₹7.24 Cr
Net margin 9.7%
EBITDA · FY 2025
₹16.3 Cr
EBITDA margin 21.9%
Authorised capital
₹41.4 Cr
Registered with MCA
Paid-up capital
₹86.92 Lakh
Issued & subscribed
Satisfied charges
₹25.2 Cr
No open charges
Company age
28 yrs
Est. 1998
Directors on board
5
As per MCA filings
About Suchir Chemicals Private Limited
Data last updated:
Suchir Chemicals Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the brokerage and trading services segment of the financial services sector. It was incorporated on 17 April 1998 and has been in existence for over 28 years.
Its director Vinod Saraf and family are #305 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24110MH1998PTC114423. Its GSTIN is 27AAFCS3798F1ZY (Maharashtra).
The company has an authorised share capital of ₹41.4 Cr and a paid-up capital of ₹86.92 Lakh. It is led by directors including Vinati Saraf Mutreja and Vinod Banwarilal Saraf.
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 ₹74.37 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹7.24 Cr (net margin 9.7%) and EBITDA of ₹16.3 Cr (EBITDA margin 21.9%). Revenue has grown at a compounded annual rate (CAGR) of 135% over three years and 79% over five years.
As per MCA filings, the company has satisfied charges of ₹25.2 Cr on record. Court records list 3 cases involving the company, including 2 filed by the company and 1 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vinatiorganics.com.
Company details
CIN U24110MH1998PTC114423
Registration Number 114423
Incorporation Date 17 April 1998
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
Key People
Vinati Saraf Mutreja Director Vinod Banwarilal Saraf Director Viral Mittal Saraf Director Recognitions & Rankings of Suchir Chemicals
Contact details
Suchir Chemicals Private Limited's registered office is in Mumbai, Maharashtra. Its website is vinatiorganics.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressParineecrescenzo 1102 11 Thfloor Plotno.C – 38&39 Gblock Behindmca BKC Bandra(E, Ast), Mumbai, Maharashtra, India – 400051
- IndustryFinancial Services, Brokerage & Trading Services
To see the full contact details of Suchir Chemicals Private Limited, buy the company report.
Comprehensive company report
Suchir Chemicals 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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Financials of Suchir Chemicals Private Limited
FY 2025 filings availableSuchir Chemicals Private Limited reported revenue of ₹74.37 Cr (up 201% YoY) for FY 2025.
Revenue · FY 2025
₹74.37 Cr ▲ 201%
Net profit · FY 2025
₹7.24 Cr margin 9.7%
EBITDA · FY 2025
₹16.3 Cr margin 21.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 201%
3 years · compounded
▲ 135%
5 years · compounded
▲ 79%
EBITDA CAGR growth
1 year
▼ 28%
3 years · compounded
▼ 54%
5 years · compounded
▲ 35%
Revenue has grown at a compounded annual rate (CAGR) of 79% over five years, including 201% growth in the latest year. EBITDA fell 28% 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 | ₹16.3 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹7.24 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 | 21.9% | ||||
| Net Profit Margin | 9.7% | ||||
| 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 Suchir Chemicals Private Limited, buy the company report.
Board of directors of Suchir Chemicals Private Limited
Suchir Chemicals has 5 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vinati Saraf Mutreja Also directs: Vinati Organics Limited, Viral Alkalis Limited, Nishit Pharma Chem Private Limited and 4 more | Director | 14 Apr 2006 | 20 Years 6 Months | Current |
| Vinod Banwarilal Saraf Also directs: Vinati Organics Limited, Viral Alkalis Limited, Nishit Pharma Chem Private Limited and 1 more | Director | 17 Apr 1998 | 28 Years 6 Months | Current |
| Viral Mittal Saraf Also directs: Vinati Organics Limited, Viral Alkalis Limited, Nishit Pharma Chem Private Limited and 4 more | Director | 04 Nov 2010 | 16 Years 0 Months | Current |
| Sunil Banwarilal Saraf Also directs: Viral Alkalis Limited, Nishit Pharma Chem Private Limited | Director | 17 Apr 1998 | 28 Years 6 Months | Current |
| Kavita Saraf Also directs: Viral Alkalis Limited, Nishit Pharma Chem Private Limited | Director | 17 Apr 1998 | 28 Years 6 Months | Current |
Auditor
Suchir Chemicals Private Limited is audited by KARNAVAT & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KARNAVAT & CO. | FY 2023 | 104863W |
Shareholding
The shareholding of Suchir Chemicals 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 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Suchir Chemicals Private Limited, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹25.2 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Aug 1997 | 90216246 | State Bank of India | ₹8.4 Cr | Satisfied | |
| 21 Aug 1997 | 90224832 | State Bank of India | ₹8.4 Cr | Satisfied | |
| 21 Aug 1997 | 90235795 | State Bank of India | ₹8.4 Cr | Satisfied |
To see the full charge records of Suchir Chemicals Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Suchir Chemicals Private Limited has 3 court cases on record: 2 filed by Suchir Chemicals, 1 filed against it. 1 case is pending and 2 are disposed.
Total cases
3
Filed by the company
2
Filed against the company
1
Pending
1
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 1 | 1 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Tax appeal | Filed against the company by Commissioner of Income Tax Central 1 | Pending |
| Bombay High Court | Court case (CSD) | Filed by the company | Disposed |
| Bombay High Court | Court case (CSP) | Filed by the company | Disposed |
To see the full case history of Suchir Chemicals 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 Suchir Chemicals Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Suchir Chemicals has 2 associated companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
2
Associated companies
GST
Suchir Chemicals has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCS3798F1ZY | Maharashtra | Active | 01 Nov 2017 |
To see the full GST registrations and return filing status of Suchir Chemicals Private Limited, buy the company report.
Recent activity
Suchir Chemicals Private Limited has 6 board changes on record since 1998: 5 appointments and 1 cessation. The latest: Raju Madhukar Bamane ceased to be Company Secretary on 16 Mar 2022.
AGM
Suchir Chemicals Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Suchir Chemicals Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Ceased
Raju Madhukar Bamane ceased to be Company Secretary.
Charges
A charge registered on 21 Aug 1997 via Charge ID 90216246 with State Bank Of India was fully satisfied on 16 Mar 2018.
Charges
A charge registered on 21 Aug 1997 via Charge ID 90224832 with State Bank Of India was fully satisfied on 16 Mar 2018.
Charges
A charge registered on 21 Aug 1997 via Charge ID 90235795 with State Bank Of India was fully satisfied on 16 Mar 2018.
Appointed
Viral Mittal Saraf was appointed as Director.
Appointed
Vinati Saraf Mutreja was appointed as Director.
Appointed
Kavita Saraf was appointed as Director.
Appointed
Sunil Banwarilal Saraf was appointed as Director.
Appointed
Vinod Banwarilal Saraf was appointed as Director.
Charges
A charge with State Bank Of India amounted to Rs. 8.40 Cr with Charge ID 90216246 was registered on 21 Aug 1997.
3 earlier events are in the company report.
Frequently asked questions
Suchir Chemicals is an active private limited company based in Mumbai, Maharashtra, India. The company works in brokerage and trading services, within the financial services industry. It was incorporated on 17 April 1998 (28+ years old) and is registered under CIN U24110MH1998PTC114423.
Suchir Chemicals has 5 current directors:
- Vinati Saraf Mutreja - Director
- Vinod Banwarilal Saraf - Director
- Viral Mittal Saraf - Director
- Sunil Banwarilal Saraf - Director
- Kavita Saraf - Director
The latest financial statements of Suchir Chemicals 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 Suchir Chemicals is 27AAFCS3798F1ZY, registered in Maharashtra.
The CIN (Corporate Identification Number) of Suchir Chemicals is U24110MH1998PTC114423. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Suchir Chemicals has 3 court cases on record: 2 filed by the company and 1 filed against it. 1 is pending.
Suchir Chemicals was incorporated on 17 April 1998, making it 28+ years old. It is registered with the Registrar of Companies, Mumbai.
Raju Madhukar Bamane ceased to be Company Secretary on 16 Mar 2022. Viral Mittal Saraf was appointed as Director on 04 Nov 2010. Vinati Saraf Mutreja was appointed as Director on 14 Apr 2006. Suchir Chemicals has 6 board changes on record in total.
Suchir Chemicals can be reached through the website vinatiorganics.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Suchir Chemicals is at Parineecrescenzo 1102 11 Thfloor Plotno.C – 38&39 Gblock Behindmca BKC BandraE, Ast, Mumbai, Maharashtra, India – 400051.
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