Vardhman Chemtech Limited - Company Profile

Q: Who are the current directors of Vardhman Chemtech Limited?

The current directors of Vardhman Chemtech Limited are Devang Manharlal Ajmera, Piyush Manharlal Ajmera, Bhavin Manharlal Ajmera, Sharvan Bhatt.

It is a pharma public limited company based in Chandigarh, Chandigarh, India, established in 1996.

1996 Chandigarh, Chandigarh, India Active

Last Updated: January 06, 2026

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About Vardhman Chemtech Limited

Vardhman Chemtech Limited, a active public limited company, was established on 21 August 1996 in Chandigarh, Chandigarh, India. Engaging in api manufacturers within the manufacturing sector, it holds CIN: U24117CH1996PLC018656. Registered under ROC Roc Chandigarh. it is unlisted. It has an authorized capital of ₹100.00 Cr and a paid-up capital of ₹1.00 M.

Formerly known as Vardhman Chemtech Private Limited. It upholds a compliant status. Employing 181 professional, Its leadership includes Devang Manharlal Ajmera (Director), Piyush Manharlal Ajmera (Director), Bhavin Manharlal Ajmera (Director). Past directors included Sanjay Kumar Randhar, Devang Manharlal Ajmera, Piyush Manharlal Ajmera. It holds ₹25.00 Cr open charges and ₹869.07 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at Sco 85 Sector 35 C, Chandigarh, Chandigarh, 160036.

Company Details

CIN/LLPIN
U24117CH1996PLC018656
Registration Number
018656
Incorporation Date
21 August 1996
Authorized Capital
₹100.00 Cr
Paid-Up Capital
₹1.00 M
ROC Code
Roc Chandigarh
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 100.00 Cr as on 06-01-2026
Paid Up Capital ₹ 1.00 M as on 06-01-2026
Company Age 29 Year, 6 Months
Last Filing with ROC 31 Mar 2024
Open Charges ₹ 25.00 Cr as on 06-01-2026
Satisfied Charges ₹ 869.07 Cr as on 06-01-2026
Revenue Growth **** 1.95% (FY 2023)
Profit Growth **** -96.62% (FY 2023)
Ebitda **** -73.97% (FY 2023)
Net Worth 1.56% (FY 2023)
Total Assets -13.01% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into Vardhman Chemtech 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 Vardhman Chemtech Limited?

Current Directors

Name	Designation	Appointment Date	Status
Devang Manharlal Ajmera	Director	02 Feb 2021	Current
Piyush Manharlal Ajmera	Director	02 Feb 2021	Current
Bhavin Manharlal Ajmera	Director	02 Feb 2021	Current
Sharvan Bhatt	Whole-Time Director	21 Jul 2021	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	30 Dec 2014	Past
Pramod Abcsdd	Additional Director	30 Nov 2021	Past
Pramod Abcsdd	Additional Director	30 Nov 2021	Past
Pramod Abcsdd	Additional Director	30 Nov 2021	Past
Pramod Abcsdd	Company Secretary	19 Jul 2014	Past
Pramod Abcsdd	Director	01 Apr 2016	Past

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Financial Performance of Vardhman Chemtech.

Vardhman Chemtech Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 1.95% increase. The company also saw a substantial fall in profitability, with a 96.62% decrease in profit. The company's net worth moved up by a moderate rise of 1.56%.

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

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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

********

1.95%

*******

Revenue from Operations

*******

1.76%

*******

Total Assets

*******

-13.01%

*******

Profit or Loss

*******

-96.62%

*******

Net Worth

*******

1.56%

*******

EBITDA

*******

-73.97%

*******

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What is the Ownership and Shareholding Structure of Vardhman Chemtech?

In 2023, Vardhman Chemtech had a promoter holding of 0.50% and a public holding of 99.50%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

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

₹250,000,000.00

Satisfied Charges

₹8,690,700,000.00

Charges Breakdown by Lending Institutions

Hdfc Bank Limited : 25.00 Cr

Latest Charge Details

Date	Lender	Amount	Status
20 Jul 2022	Hdfc Bank Limited	₹25.00 Cr	Open
04 Aug 2022	Hdfc Bank Limited	₹62.00 Cr	Satisfied
20 Aug 2014	Punjab Reliable Investments Private Limited	₹7.30 M	Satisfied
24 May 2014	State Bank Of Patiala	₹268.38 Cr	Satisfied
29 Mar 2013	Punjab Kashmir Finance Limited	₹1.50 Cr	Satisfied

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How Many Employees Work at Vardhman Chemtech?

Vardhman Chemtech has a workforce of 181 employees as of Sep 11, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Vardhman Chemtech, 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 Vardhman Chemtech's trajectory.

Rating

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Alerts

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 Vardhman Chemtech

Recent Activity within the Organization

Charges

The activity A charge registered on 04 Aug 2022 via Charge ID 100613393 with Hdfc Bank Limited was fully satisfied on 30 Sep 2025. was completed.
30 Sep 2025
Annual General Meeting

The activity Vardhman Chemtech Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was completed.
30 Sep 2024
Balance Sheet

Vardhman Chemtech Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh. was recorded as a recent event.
31 Mar 2024
Charges

A charge with Hdfc Bank Limited amounted to Rs. 62.00 Cr with Charge ID 100613393 was registered on 04 Aug 2022. was recorded as a recent event.
04 Aug 2022
Charges

Progress on A charge with Hdfc Bank Limited of Rs. 25.00 Cr registered on 20 Jul 2022 with Charge ID 100603372 was modified on 04 Aug 2022. was documented.
04 Aug 2022
Charges

The activity A charge with Hdfc Bank Limited amounted to Rs. 25.00 Cr with Charge ID 100603372 was registered on 20 Jul 2022. was completed.
20 Jul 2022

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