- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-19-0141710

Vip Chem LLP
About Vip Chem LLP
Data last updated:
Vip Chem LLP is a limited liability partnership (LLP) based in Mumbai, Maharashtra, India. It operates in the chemical distribution and retail segment of the chemicals and materials sector. It was incorporated on 02 May 2016 and has been in existence for over 10 years.
The LLP is registered with the Registrar of Companies (ROC), Mumbai, under LLPIN AAG-2736. Its GSTIN is 27AAOFV5196N1Z3 (Maharashtra).
The LLP has a total obligation of contribution of ₹1 Lakh. It is led by designated partners Mihir Vipul Shah and Vipul Pravinchandra Shah.
Its latest statement of accounts is for the year ended 31 March 2025. The registered office is at 102 1st Floor Vardhaman Apartment 40 Hanuman Road Vile Parle (East), Mumbai, Maharashtra, India – 400057.
As per MCA filings, the LLP has open charges of ₹7.05 Cr and satisfied charges of ₹5 Cr on record.
Vip Chem LLP is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0141710).
Recognitions & Rankings of Vip Chem
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered Address102 1st Floor Vardhaman Apartment 40 Hanuman Road Vile Parle (East), Mumbai, Maharashtra, India – 400057
- IndustryChemicals and Materials, Chemical Distribution & Retail
- 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
- One PDF report, delivered after checkout
Financials of Vip Chem LLP FY 2025 filings available
Financial Statement Summary of Vip Chem LLP
| Statement of Account and Solvency | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Income and Expenditure | |||||
| Turnover | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Income | •••• | •••• | •••• | •••• | •••• |
| Purchases and Direct Costs | •••• | •••• | •••• | •••• | •••• |
| Personnel Expenses | •••• | •••• | •••• | •••• | •••• |
| Administrative Expenses | •••• | •••• | •••• | •••• | •••• |
| Interest | •••• | •••• | •••• | •••• | •••• |
| Depreciation | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax | •••• | •••• | •••• | •••• | •••• |
| Profit After Tax | •••• | •••• | •••• | •••• | •••• |
| Profit Transferred to Partners | •••• | •••• | •••• | •••• | •••• |
| Assets and Liabilities | |||||
| Partners' Contribution | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Secured Loans | •••• | •••• | •••• | •••• | •••• |
| Unsecured Loans | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Other Liabilities and Provisions | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Loans and Advances | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Vip Chem LLP
| Statement of Account and Solvency | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| Net Profit Margin | •••• | •••• | •••• | •••• | •••• |
| Return on Partners' Funds | •••• | •••• | •••• | •••• | •••• |
| Return on Assets | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt to Partners' Funds | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Turnover Growth | •••• | •••• | •••• | •••• | •••• |
| Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form 8. The full year-wise statements and ratios of Vip Chem are in the company report.
Financial statements from FY 2017
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Designated Partners of Vip Chem LLP
Vip Chem has 2 current designated partners and 4 former designated partners. Current designated partners are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mihir Vipul Shah Also directs: Vipul Organics Limited, Shree Ambika Naturals Private Limited, Jayapriya Chemical Industries Limited and 1 more | Designated Partner | 05 Jun 2020 | 6 Years 4 Months | Current |
| Vipul Pravinchandra Shah Also directs: Zeon Chemical Industries LLP, Adimem Technologies LLP, Vipul Organics Limited and 2 more | Designated Partner | 02 May 2016 | 10 Years 5 Months | Current |
Charges & Borrowings of Vip Chem LLP
| Date | Lender | Amount | Status |
|---|---|---|---|
| 15 May 2023 | Axis Bank Limited | ₹6.05 Cr | Open |
| 14 Mar 2023 | The Cosmos Coop Bank Ltd | ₹1 Cr | Open |
| 19 Apr 2017 | Aditya Birla Finance Limited | ₹5 Cr | Satisfied |
Total charge records: 3 View all charges
Employees and EPFO Compliance at Vip Chem LLP
Employment history and EPFO contributions of people linked to Vip Chem.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Vip Chem LLP
Vip Chem LLP has 6 designated partner changes on record since 2016: 3 appointments and 3 cessations. The latest: Kavita Javadsha Varaiya ceased to be Partner on 01 Apr 2023.
2 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Vip Chem LLP
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Vip Chem LLP
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Vip Chem LLP
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Vip Chem LLP
Vip Chem has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAOFV5196N1Z3 | Maharashtra | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Vip Chem LLP
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Vip Chem LLP
Vip Chem is an active limited liability partnership based in Mumbai, Maharashtra, India. The LLP works in chemical distribution and retail, within the chemicals and materials industry. It was incorporated on 02 May 2016 (10+ years old) and is registered under LLPIN AAG-2736.
Vip Chem has 2 current designated partners:
- Mihir Vipul Shah - Designated Partner
- Vipul Pravinchandra Shah - Designated Partner
The GSTIN of Vip Chem is 27AAOFV5196N1Z3, registered in Maharashtra.
The LLPIN (Limited Liability Partnership Identification Number) of Vip Chem is AAG-2736. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Vip Chem was incorporated on 02 May 2016, making it 10+ years old. It is registered with the Registrar of Companies, Mumbai.
Kavita Javadsha Varaiya ceased to be Partner on 01 Apr 2023. Jaya Pravinchandra Shah ceased to be Designated Partner on 05 Jun 2020. Mihir Vipul Shah was appointed as Designated Partner on 05 Jun 2020. Vip Chem has 6 designated partner changes on record in total.
Yes, Vip Chem is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-19-0141710).
The registered office of Vip Chem is at 102 1st Floor Vardhaman Apartment 40 Hanuman Road Vile Parle East, Mumbai, Maharashtra, India – 400057.
The total obligation of contribution is ₹1 Lakh.
Vip Chem operates in the chemicals and materials industry, in the chemical distribution and retail segment.