Vital Chemtech Limited Liability Partnership
About Vital Chemtech Limited Liability Partnership
Data last updated:
Vital Chemtech Limited Liability Partnership was a limited liability partnership (LLP) based in Ahmedabad, Gujarat, India. The LLP has been converted into a company and no longer exists as an LLP. For the latest details, refer to the successor company. It operated in the industrial chemicals segment of the chemicals and materials sector. It was incorporated on 12 February 2015.
The LLP was registered with the Registrar of Companies (ROC), Ahmedabad, under LLPIN AAD-3570.
The LLP had a total obligation of contribution of ₹6.72 Cr. It was led by designated partners including Hitesh Jatasankar Bhatt and Sangeeta Vipul Bhatt.
Its latest statement of accounts is for the year ended 31 March 2021. The registered office was at 308 Shalin Complex Krishnabaug Maninagar, Ahmedabad, Gujarat, India – 380008.
As per the financials filed for FY 2021, the LLP reported a revenue of ₹47.68 Cr, a growth of 15% compared to the previous year. For the same year it recorded a net profit of ₹3.02 Cr (net margin 6.3%) and EBITDA of ₹8.74 Cr (EBITDA margin 18.3%). Revenue has grown at a compounded annual rate (CAGR) of 37% over three years and 65% over five years.
As per MCA filings, the LLP has open charges of ₹15 Cr and satisfied charges of ₹22 Cr on record.
Company details
Contact details
Vital Chemtech Limited Liability Partnership's registered office is in Ahmedabad, Gujarat. Its e-mail address is in the company report.
- Email
- Registered Address308 Shalin Complex Krishnabaug Maninagar, Ahmedabad, Gujarat, India – 380008
- IndustryChemicals and Materials, Industrial Chemicals
To see the full contact details of Vital Chemtech Limited Liability Partnership, buy the company report.
- 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
Financials of Vital Chemtech Limited Liability Partnership
FY 2021 filings availableVital Chemtech Limited Liability Partnership reported revenue of ₹47.68 Cr (up 15% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 65% over five years, including 15% growth in the latest year. EBITDA rose 131% 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
| Statement of Account and Solvency | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| Income and Expenditure | |||||
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| Total Income | ₹47.68 Cr | ||||
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| Tax | |||||
| Profit After Tax | ₹3.02 Cr | ||||
| Profit Transferred to Partners | |||||
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Financial Ratios
| Statement of Account and Solvency | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| Net Profit Margin | 6.3% | ||||
| Return on Partners' Funds | |||||
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To see the full financial statements and ratios of Vital Chemtech Limited Liability Partnership, buy the company report.
Designated partners of Vital Chemtech Limited Liability Partnership
Vital Chemtech has 5 designated partners on record. No former designated partners are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hitesh Jatasankar Bhatt Also directs: Ambica Corrugators LLP | Partner | 18 Oct 2021 | 5 Years 0 Months | As last reported |
| Sangeeta Vipul Bhatt | Designated Partner | 12 Feb 2015 | 11 Years 8 Months | As last reported |
| Vipul Bhatt Also directs: Vital Chemtech Limited, Vital Wellness Limited, Vital Alkoxides Private Limited and 1 more | Designated Partner | 12 Feb 2015 | 11 Years 8 Months | As last reported |
| Jay Bhatt Also directs: Vital Chemtech Limited, Vital Wellness Limited, Vital Alkoxides Private Limited and 2 more | Designated Partner | 18 Oct 2021 | 5 Years 0 Months | As last reported |
| Keyaa Vipul Bhatt Also directs: Valentia Synthesis Private Limited | Partner | 18 Oct 2021 | 5 Years 0 Months | As last reported |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Aug 2015 | 100015962 | Union Bank of India | ₹11 Cr | Satisfied | |
| 19 Aug 2015 | 100000072 | Union Bank of India | ₹11 Cr | Satisfied |
To see the full charge records of Vital Chemtech Limited Liability Partnership, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Vital Chemtech Limited Liability Partnership are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Vital Chemtech Limited Liability Partnership; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Vital Chemtech Limited Liability Partnership; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Vital Chemtech Limited Liability Partnership has 5 designated partner changes on record since 2015: 5 appointments. The latest: Hitesh Jatasankar Bhatt was appointed as Partner on 18 Oct 2021.
Frequently asked questions
Vital Chemtech has been converted into a company - the business changed its legal structure from a Limited Liability Partnership to a company. The LLP no longer exists in its previous form. For the latest information, refer to the successor company registered with MCA.
Vital Chemtech was a limited liability partnership based in Ahmedabad, Gujarat, India. The LLP worked in industrial chemicals, within the chemicals and materials industry. It was incorporated on 12 February 2015 and is registered under LLPIN AAD-3570. For the latest details, refer to the successor company.
The LLPIN (Limited Liability Partnership Identification Number) of Vital Chemtech is AAD-3570. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Vital Chemtech had 5 designated partners:
- Hitesh Jatasankar Bhatt - Partner
- Sangeeta Vipul Bhatt - Designated Partner
- Vipul Bhatt - Designated Partner
- Jay Bhatt - Designated Partner
- Keyaa Vipul Bhatt - Partner
Vital Chemtech was incorporated on 12 February 2015. It is registered with the Registrar of Companies, Ahmedabad.
The registered office of Vital Chemtech is at 308 Shalin Complex Krishnabaug Maninagar, Ahmedabad, Gujarat, India – 380008.
The latest financial statements of Vital Chemtech on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 31 March 2021. Year-wise statements from 2015 are in the company report.
Vital Chemtech operated in the chemicals and materials industry, in the industrial chemicals segment.
Hitesh Jatasankar Bhatt was appointed as Partner on 18 Oct 2021. Jay Bhatt was appointed as Designated Partner on 18 Oct 2021. Keyaa Vipul Bhatt was appointed as Partner on 18 Oct 2021. Vital Chemtech has 5 designated partner changes on record in total.
Vital Chemtech has open charges of ₹15 Cr and satisfied charges of ₹22 Cr as per latest MCA filings.