About Vardhman Chemtech Limited
Data last updated: 06 January 2026
Vardhman Chemtech Limited is a public limited company based in Chandigarh, Chandigarh, India. It specialises in api manufacturers, a part of the broader pharmaceuticals sector. Incorporated on 21 August 1996, the company has been in operation for over 30 years.
Registered with ROC Chandigarh under CIN L24117CH1996PLC018656.
Capital: an authorised share capital of ₹100 Cr and a paid-up capital of ₹10 Lakh. Formerly known as Vardhman Chemtech Private Limited. It is led by directors including Devang Manharlal Ajmera and Piyush Manharlal Ajmera.
Last AGM: 30 September 2024. Financial statements filed for year ended 31 March 2024. Office: Sco 85 Sector 35 C, Chandigarh, Chandigarh, India – 160036.
As per the financials filed for FY 2025, the company reported a revenue of ₹208.69 Cr, a decline of 13% compared to the previous year.
The company has a workforce of approximately 181 employees as per the latest available data.
The company is associated with 2 brands - Dpb Group, Vardhman Chemtech. As per MCA filings, the company has open charges of ₹25 Cr and satisfied charges of ₹869.07 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 vardhmanchemtech.com.
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Registered AddressSco 85 Sector 35 C, Chandigarh, Chandigarh, India – 160036
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IndustryPharma, API Manufacturers
- Historical Financials and ratios
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CIN History of Vardhman Chemtech Limited
Vardhman Chemtech Limited has one previous CIN (Corporate Identification Number): L24117CH1996PLC018656. The current CIN is U24117CH1996PLC018656, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U24117CH1996PLC018656 | Current |
| L24117CH1996PLC018656 | Previous |
Associated Brands with Vardhman Chemtech Limited
Vardhman Chemtech Limited operates two associated brands: DPB Group and Vardhman Chemtech. These brands represent Vardhman Chemtech Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| DPB Group is engaged in manufacturing pharmaceutical APIs in India. | dpbpharma.com | |
| Manufacturer of bulk drugs, intermediates and fine chemicals | vardhmanchemtech.com |
Competitors & Alternatives of Vardhman Chemtech Limited
Brands and companies operating in the same space as Vardhman Chemtech Limited include Laurus Labs, Symbiotec, WuXi AppTec and 7 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Laurus Labs
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Pharmaceutical and biotechnology company | Hyderabad, India, India | 2005 |
Symbiotec
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Non-sterile steroid hormone-based APIs and intermediates are manufactured. | Indore, India, India | 2002 |
WuXi AppTec
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Provider of CRO and CDMO services | Shanghai, China, China | 2000 |
ANI Pharmaceuticals
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Branded and generic prescription drugs are developed, manufactured, and marketed. | Baudette, United States, United States | 1996 |
Aptar
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Regulatory support, brand differentiation, and prototyping services are provided. | Crystal Lake, United States, United States | 1992 |
Beijing Biostar Technologies
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APIs, intermediates, and biochemical reagents are developed and manufactured. | Beijing, China, China | 2002 |
CHEPLAPHARM
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Branded pharmaceutical products are developed, marketed, and distributed globally. | Mesekenhagen, Germany, Germany | 1998 |
Red Nucleus
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Advisory, scientific, and medical communications provided for pharmaceutical industry. | Yardley, United States, United States | 2014 |
Ipsen
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Biopharmaceutical company focused on developing and commercializing innovative treatments in oncology, rare disease, and neuroscience to improve patient health outcomes | - | 1929 |
Eurofins Scientific
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Laboratory testing and contract research services are provided globally. | Luxembourg, Luxembourg, Luxembourg | 1987 |
Business Activity of Vardhman Chemtech Limited
Vardhman Chemtech Limited is engaged in the principal business activity of manufacturing, with detailed activities including chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products | Locked |
Business activity turnover details for Vardhman Chemtech Limited
Turnover contribution percentages and historical activity changes require an active report plan.
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Board of Directors of Vardhman Chemtech Limited
Vardhman Chemtech Limited is currently managed by 4 directors, with 14 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 |
|---|---|---|---|---|
| Devang Manharlal Ajmera | Director | 02 Feb 2021 | 5 Years 6 Months | Current |
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Piyush Manharlal Ajmera
Also directs:
Dpb Pharmaceuticals Limited, Dpb Antibiotics Private Limited
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Director | 02 Feb 2021 | 5 Years 6 Months | Current |
|
Bhavin Manharlal Ajmera
Also directs:
Dpb Pharmaceuticals Limited, Dpb Antibiotics Private Limited
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Director | 02 Feb 2021 | 5 Years 6 Months | Current |
| Sharvan Bhatt | Whole-Time Director | 21 Jul 2021 | 5 Years 1 Months | Current |
Financials of Vardhman Chemtech Limited FY 2024 filings available
Vardhman Chemtech Limited reported revenue of ₹208.69 Cr (down 13.00% YoY) for FY 2025.
Ten-year financial statements for Vardhman Chemtech Limited
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Charges & Borrowings of Vardhman Chemtech Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 20 Jul 2022 | Hdfc Bank Limited | ₹25 Cr | Open |
| 04 Aug 2022 | Hdfc Bank Limited | ₹62 Cr | Satisfied |
| 20 Aug 2014 | Punjab Reliable Investments Private Limited | ₹73 Lakh | Satisfied |
| 24 May 2014 | State Bank of Patiala | ₹268.38 Cr | Satisfied |
| 29 Mar 2013 | Punjab Kashmir Finance Limited | ₹1.5 Cr | Satisfied |
Total charge records: 24 View all charges
Employees and EPFO Compliance at Vardhman Chemtech Limited
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Employee and EPFO history for Vardhman Chemtech Limited
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GST Compliance of Vardhman Chemtech Limited
GST registrations and filing compliance for Vardhman Chemtech Limited
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Credit Ratings, Litigation & Regulatory Alerts for Vardhman Chemtech Limited
Credit ratings, litigation, and regulatory alerts for Vardhman Chemtech Limited
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MSME Payment Delays by Vardhman Chemtech Limited
MSME payment history for Vardhman Chemtech Limited
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Subsidiaries & Group Companies of Vardhman Chemtech Limited
Corporate group structure for Vardhman Chemtech Limited
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MCA Filings & Documents of Vardhman Chemtech Limited
MCA filings and documents for Vardhman Chemtech Limited
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Recent Activity on Vardhman Chemtech Limited
Frequently Asked Questions about Vardhman Chemtech Limited
Vardhman Chemtech Limited is an active public limited company in the pharma sector based in Chandigarh, Chandigarh, India. It was incorporated on 21 August 1996 (30+ years old) and is registered under CIN U24117CH1996PLC018656. The company has 181 employees.
Vardhman Chemtech Limited reported revenue of ₹208.69 Cr for FY 2025 (down 13.00% YoY).
The current directors of Vardhman Chemtech Limited are:
- Devang Manharlal Ajmera - Director
- Piyush Manharlal Ajmera - Director
- Bhavin Manharlal Ajmera - Director
- Sharvan Bhatt - Whole-Time Director
The primary industry of Vardhman Chemtech Limited is pharma. The company specifically operates in api manufacturers. The company is currently active in this sector.
Vardhman Chemtech Limited can be reached at the registered office: Sco 85 Sector 35 C, Chandigarh, Chandigarh, India – 160036, or through the website vardhmanchemtech.com.
The authorised capital is ₹100 Cr, and the paid-up capital is ₹10 Lakh.