Neochem Bio Solutions Ltd. Company History and Annual Growth Details

Our Company was originally formed as a partnership firm under the Indian Partnership Act, 1932 (“Partnership Act”) in the name and style of “M/s Vinayak Dyes & Chemical Industries”, pursuant to Deed of Partnership dated March 06, 1978 .Vinayak Dyes & Chemical Industries was changed to “Neochem Technologies” with effect from January 6, 2006 and further the firm was converted from Partnership Firm to Private Limited company under Part I chapter XXI of the Companies Act, 2013 and received a Certificate of Incorporation from Registrar of Companies, Ahmedabad at Gujarat (“RoC”) on June 6, 2017 as “Neochem Technologies Private Limited”. Furthermore, the name of our Company was changed from Neochem Technologies Private Limited to Neochem Bio Solutions Private Limited and Certificate of Name change dated March 18, 2025, was received by the Company. Subsequently, our Company was converted into a public limited company pursuant to a special resolution passed by our shareholders resolution dated March 26, 2025, and the name of our Company was changed to “Neochem Bio Solutions Limited”. A fresh certificate of Incorporation consequent upon conversion from a Private Limited company to Public Limited company dated April 15, 2025, was issued by the Registrar of Companies, Central Processing Centre. The Corporate Identification Number of our Company is U24304GJ2017PLC097754.

Major Events and Milestones:

1978

- Entered into a partnership firm in the name of Vinayak Dyes & Chemical Industries for carrying on the business of colour, chemicals and auxiliaries.

1982

- Established our first facility at Isanpur, Narol to manufacture textile auxiliaries and pigment emulsions.

2006

- Changed the name of the of partnership firm to Neochem Technologies and established new facility at 19/1 Moraiya, Ahmedabad to manufacture textile auxiliaries and speciality performance chemicals.

2013

- Received GOTS 2.0 certification

2017

- Conversion of partnership into a private limited company namely Neochem Technologies Private Limited.

2019

- Increase in installed capacity up to 22,000 metric tons per annum along with GOTS 5.0 certification

- Launch of institutional and industrial cleaning chemical products

- Added warehousing facility with storage capacity of 1350 metric ton of raw material and finished goods.

2020

- Setting up Research and development facility, application research center and upgraded QA& QC laboratory

- Built well-equipped admin office

- Amalgamation of Protek Korchem Private Limited with our Company

2023

- Entered into international business in countries like Vietnam, Singapore, Canda, Australia, Indonesia etc.

2024

- Launch of home and personal care ingredients product

- Achieved revenue from operations of more than ?6,000 lakhs in Fiscal 2024

2025

- Changed the name of the Company to Neochem Bio Solutions Private Limited

- Conversion of private limited company to public limited company

- Achieved revenue from operations of more than ?8,400 lakhs in Fiscal 2025