About Vi-Tech Chemicals Private Limited
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Vi-Tech Chemicals Private Limited is a private limited company based in Nashik, Maharashtra, India. It operates in the industrial chemicals segment of the chemicals and materials sector. It was incorporated on 01 October 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24233MH2012PTC236365. Its GSTIN is 27AAECV2226Q1ZW (Maharashtra).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹21 Lakh. It is led by directors Vandana Shivaji Patil (Whole-Time Director) and Vivek Shivaji Patil.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at Plot No.40 Surve No. 892/1A1 Chetana Nagar Nr.Rane Nagar, Nashik, Maharashtra, India – 422009.
As per the financials filed for FY 2019, the company reported a revenue of ₹1.98 Cr, a growth of 4% compared to the previous year. For the same year it recorded a net loss of ₹4.02 Lakh (net margin -2%) and EBITDA of ₹12.63 Lakh (EBITDA margin 6.4%). Revenue has grown at a compounded annual rate (CAGR) of 14% over three years.
As per MCA filings, the company has open charges of ₹45 Lakh on record. Court records list 7 cases involving the company, including 1 filed by the company and 6 filed against it; 4 cases are 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 vitechchemicals.com.
Company details
Contact details
Vi-Tech Chemicals Private Limited's registered office is in Nashik, Maharashtra. Its website is vitechchemicals.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressPlot No.40 Surve No. 892/1A1 Chetana Nagar Nr.Rane Nagar, Nashik, Maharashtra, India – 422009
- IndustryChemicals and Materials, Industrial Chemicals
To see the full contact details of Vi-Tech Chemicals Private Limited, 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
Business activity
The main business activity of Vi-Tech Chemicals is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products |
To see the full business activity and turnover split of Vi-Tech Chemicals Private Limited, buy the company report.
Financials of Vi-Tech Chemicals Private Limited
FY 2019 filings availableVi-Tech Chemicals Private Limited reported revenue of ₹1.98 Cr (up 4% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 14% over three years, including 4% growth in the latest year. EBITDA rose 1% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹1.98 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
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| Total Expenses | |||||
| EBITDA | ₹12.63 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹4.02 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.4% | ||||
| Net Profit Margin | -2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Vi-Tech Chemicals Private Limited, buy the company report.
Board of directors of Vi-Tech Chemicals Private Limited
Vi-Tech Chemicals has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vandana Shivaji Patil | Whole-Time Director | 27 Sep 2014 | 12 Years 1 Months | Current |
| Vivek Shivaji Patil | Director | 01 Oct 2012 | 14 Years 1 Months | Current |
Peer comparison
Vi-Tech Chemicals Private Limited is compared with the 5 companies closest to it by revenue in the Chemicals industry (Industrial Chemicals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Cosmotech Impex Private Limited | ₹1.99 Cr (FY 2025) | 2.0% | Delhi, India | |||
| Zens Health Care Private Limited | ₹1.99 Cr (FY 2024) | 25.0% | Delhi, India | |||
| Prithvi Chemical Manufacturing Company Private Limited | ₹1.99 Cr (FY 2025) | 33.0% | Tumkur, Karnataka, India | |||
| Manipur Oxygen Plant Private Limited | ₹1.99 Cr (FY 2025) | 39.0% | Imphal, Manipur, India | |||
| Vi-Tech Chemicals Private Limitedthis company | ₹1.98 Cr (FY 2019) | -₹4.02 Lakh | -2% | 4.0% | Nashik, Maharashtra, India | |
| Narsimha Colorchem Private Limited | ₹1.98 Cr (FY 2025) | 5.0% | Mathura, Uttar Pradesh, India |
To see the full peer comparison of Vi-Tech Chemicals Private Limited, buy the company report.
Auditor
Vi-Tech Chemicals Private Limited is audited by S R RAHALKAR & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S R RAHALKAR & ASSOCIATES | FY 2019 | 108283W |
Shareholding
The shareholding of Vi-Tech Chemicals Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Vi-Tech Chemicals Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Jul 2013 | 10449272 | Dena Bank | ₹45 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
Vi-Tech Chemicals Private Limited has 7 court cases on record: 1 filed by Vi-Tech Chemicals, 6 filed against it. 4 cases are pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 6 | 4 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Chennai, Tamil Nadu | Court case (STC/PC) | Filed against the company by M/S. Pon Pure Chemicals India Pvt Ltd Reb by Jino Antony Chief Manager- Legal | Pending |
| District court, Chennai, Tamil Nadu | Court case (STC/PC) | Filed against the company by Pon Pure Chemical India Private Limited Rep by Jino Antony | Pending |
| District court, Nashik, Maharashtra | Court case (Spl .Dkst) | Filed against the company by an individual | Pending |
| District court, Silvassa, DNH at Silvasa | Court case (Sum.Civ.Suit) | Filed against the company by M/S Apollo Industries | Pending |
| District court, Nashik, Maharashtra | Criminal miscellaneous application | Filed against the company by Cholamandalam Investment and Finance Co Ltdthrough Dipak Pagare | Disposed |
To see the full case history of Vi-Tech 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 Vi-Tech Chemicals Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Vi-Tech Chemicals has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECV2226Q1ZW | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Vi-Tech Chemicals Private Limited, buy the company report.
Recent activity
Vi-Tech Chemicals Private Limited has 4 board changes on record since 2012: 2 appointments and 2 cessations. The latest: Vandana Shivaji Patil ceased to be Director Appointed In Casual Vacancy on 30 Sep 2015.
Frequently asked questions
Vi-Tech Chemicals is an active private limited company based in Nashik, Maharashtra, India. The company works in industrial chemicals, within the chemicals and materials industry. It was incorporated on 01 October 2012 (14+ years old) and is registered under CIN U24233MH2012PTC236365.
Vi-Tech Chemicals has 2 current directors:
- Vandana Shivaji Patil - Whole-Time Director
- Vivek Shivaji Patil - Director
The latest financial statements of Vi-Tech Chemicals on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
The GSTIN of Vi-Tech Chemicals is 27AAECV2226Q1ZW, registered in Maharashtra.
The CIN (Corporate Identification Number) of Vi-Tech Chemicals is U24233MH2012PTC236365. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vi-Tech Chemicals has 7 court cases on record: 1 filed by the company and 6 filed against it. 4 are pending.
Vi-Tech Chemicals was incorporated on 01 October 2012, making it 14+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Vi-Tech Chemicals by revenue are Cosmotech Impex Private Limited, Zens Health Care Private Limited, Prithvi Chemical Manufacturing Company Private Limited, Manipur Oxygen Plant Private Limited, Narsimha Colorchem Private Limited, all in the Chemicals industry (Industrial Chemicals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Vandana Shivaji Patil ceased to be Director Appointed In Casual Vacancy on 30 Sep 2015. Vandana Shivaji Patil was appointed as Whole-Time Director on 27 Sep 2014. Shivaji Vishnu Patil ceased to be Director on 31 Aug 2014. Vi-Tech Chemicals has 4 board changes on record in total.
Vi-Tech Chemicals can be reached through the website vitechchemicals.com. Its registered office is in Nashik, Maharashtra, India.
The registered office of Vi-Tech Chemicals is at Plot No.40 Surve No. 8921A1 Chetana Nagar Nr.Rane Nagar, Nashik, Maharashtra, India – 422009.
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