Absolute Techserve Limited
About Absolute Techserve Limited
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Absolute Techserve Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the petrochemicals and derivatives segment of the chemicals and materials sector. It was incorporated on 18 January 2023.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2023PLC397808.
The company has an authorised share capital of ₹9.99 Cr and a paid-up capital of ₹3.36 Cr. It was formerly known as Global Industrial Chemicals Limited. It is led by directors including Amit Ambratlal Nirankari and Pulkit Jain.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Level 4 A Wing Dynasty Business Park, Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹521.45 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹56.42 Lakh (net margin -0.1%) and EBITDA of -₹55.94 Lakh (EBITDA margin -0.1%).
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressLevel 4 A Wing Dynasty Business Park, Andheri Kurla Road Andheri (E), Mumbai, Maharashtra, India – 400059
- IndustryChemicals and Materials, Petrochemicals & Derivatives
- 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
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Business Activity of Absolute Techserve Limited
The main business activity of Absolute Techserve is other service activities. In detail, this covers activities of membership organizations.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| S | Other service activities | 94 | Activities of membership organizations | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Absolute Techserve Limited FY 2025 filings available
Absolute Techserve Limited reported revenue of ₹521.45 Cr (up 130263% YoY) for FY 2025.
Financial Statement Summary of Absolute Techserve Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• |
| EBITDA | -₹55.94 Lakh | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• |
| Net Profit (PAT) | -₹56.42 Lakh | •••• | •••• |
| Balance Sheet | |||
| Share Capital | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• |
Financial Ratios of Absolute Techserve Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -0.1% | •••• | •••• |
| Net Profit Margin | -0.1% | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• |
| Liquidity and Debt | |||
| Current Ratio | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• |
| Efficiency and Growth | |||
| Asset Turnover | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• |
| Net 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 AOC-4. The full year-wise statements and ratios of Absolute Techserve are in the company report.
Financial statements from FY 2023
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.
Peer Comparison of Absolute Techserve Limited
Absolute Techserve Limited is compared with the companies closest to it by revenue in the Chemicals industry (Chemical Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Saraf Trexim Limited | ₹550.72 Cr (FY 2025) | •••• | •••• | 12.0% | •••• | Kolkata, West Bengal, India |
| Wacker Chemie India Private Limited | ₹537.19 Cr (FY 2022) | •••• | •••• | 500.0% | •••• | Mumbai, Maharashtra, India |
| Jenil Enterprise Private Limited | ₹527.69 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | Surat, Gujarat, India |
| Byk India Private Limited | ₹525.55 Cr (FY 2025) | •••• | •••• | 16.0% | •••• | Thane Mumbai, Maharashtra, India |
| Oc Specialities Chemicals Private Limited | ₹524.66 Cr (FY 2025) | •••• | •••• | -3.0% | •••• | Mumbai, Maharashtra, India |
| Absolute Techserve Limited this company | ₹521.45 Cr (FY 2025) | •••• | •••• | 130263.0% | •••• | Mumbai, Maharashtra, India |
| Amjey Chem Trade Private Limited | ₹507.64 Cr (FY 2025) | •••• | •••• | 3.0% | •••• | Mumbai, Maharashtra, India |
| Rajshila Synthetics Private Limited | ₹506.23 Cr (FY 2025) | •••• | •••• | 28.0% | •••• | New Delhi, Delhi, India |
| Asian Solvochem Private Limited | ₹505.46 Cr (FY 2025) | •••• | •••• | 21.0% | •••• | Mumbai, Maharashtra, India |
| Bhimani Chemicals Private Limited | ₹503.34 Cr (FY 2025) | •••• | •••• | 1.0% | •••• | Ahmedabad, Gujarat, India |
| Jagriti Plastics Limited | ₹503.1 Cr (FY 2025) | •••• | •••• | 24.0% | •••• | Delhi, India |
Peers are the five companies nearest above and the five nearest below Absolute Techserve by revenue in the Chemicals industry (Chemical Retail and Distribution), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors of Absolute Techserve Limited
Absolute Techserve has 5 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amit Ambratlal Nirankari | Director | 18 Jan 2023 | 3 Years 8 Months | Current |
| Pulkit Jain Also directs: Sodhani Capital Limited | Director | 01 Jul 2025 | 1 Years 3 Months | Current |
| Shiksha Sharma | Director | 01 Jul 2025 | 1 Years 3 Months | Current |
| Ramchandra Satramdas Rohra | Director | 22 Aug 2025 | 1 Years 1 Months | Current |
| Bharti Ramchandra Rohra | Director | 22 Aug 2025 | 1 Years 1 Months | Current |
Charges & Borrowings of Absolute Techserve Limited
Absolute Techserve Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Absolute Techserve Limited
Employment history and EPFO contributions of people linked to Absolute Techserve.
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 Absolute Techserve Limited
Absolute Techserve Limited has 9 board changes on record since 2023: 5 appointments and 4 cessations. The latest: Bharti Ramchandra Rohra was appointed as Director on 22 Aug 2025.
Credit Ratings, Litigation & Regulatory Alerts for Absolute Techserve Limited
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 Absolute Techserve Limited
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 Absolute Techserve Limited
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 Absolute Techserve Limited
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 Absolute Techserve Limited
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 Absolute Techserve Limited
Absolute Techserve is an active public limited company based in Mumbai, Maharashtra, India. The company works in petrochemicals and derivatives, within the chemicals and materials industry. It was incorporated on 18 January 2023 (3+ years old) and is registered under CIN U74999MH2023PLC397808.
Absolute Techserve reported revenue of ₹521.45 Cr for FY 2025 (up 130263% YoY).
Absolute Techserve has 5 current directors:
- Amit Ambratlal Nirankari - Director
- Pulkit Jain - Director
- Shiksha Sharma - Director
- Ramchandra Satramdas Rohra - Director
- Bharti Ramchandra Rohra - Director
Absolute Techserve reported a net loss of ₹56.42 Lakh (net margin -0.1%) and EBITDA of -₹55.94 Lakh (EBITDA margin -0.1%) for FY 2025, as per its filed financial statements.
The CIN (Corporate Identification Number) of Absolute Techserve is U74999MH2023PLC397808. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Absolute Techserve was incorporated on 18 January 2023, making it 3+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Absolute Techserve by revenue are Saraf Trexim Limited, Wacker Chemie India Private Limited, Jenil Enterprise Private Limited, Byk India Private Limited, Oc Specialities Chemicals Private Limited and 5 more, all in the Chemicals industry (Chemical Retail and Distribution).
Bharti Ramchandra Rohra was appointed as Director on 22 Aug 2025. Ramchandra Satramdas Rohra was appointed as Director on 22 Aug 2025. Pulkit Jain was appointed as Director on 01 Jul 2025. Absolute Techserve has 9 board changes on record in total.
The registered office of Absolute Techserve is at Level 4 A Wing Dynasty Business Park, Andheri Kurla Road Andheri E, Mumbai, Maharashtra, India – 400059.
Absolute Techserve has an authorised share capital of ₹9.99 Cr and a paid-up capital of ₹3.36 Cr.
Absolute Techserve operates in the chemicals and materials industry, in the petrochemicals and derivatives segment.