About Apcotex Solutions India Private Limited
Data last updated:
Apcotex Solutions India Private Limited was a private limited company based in Taloja, Maharashtra, India, operated as a subsidiary of Apcotex Industries Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the specialty chemicals segment of the chemicals and materials sector. It was incorporated on 04 October 2007.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U24296MH2007PTC174698. The company has 2 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹16.16 Cr and a paid-up capital of ₹16.1 Cr. It was formerly known as Omnova Solutions India Private Limited and Eliokem India Private Limited. It was led by directors including Anand Venkatesh Kumashi and Yashodhan Bhargao Gadgil.
Its last annual general meeting (AGM) was held on 10 August 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office was at Plot No 3/1 MIDC Industrial Area, Taloja, Maharashtra, India – 410208.
As per the financials filed for FY 2016, the company reported a revenue of ₹55.24 Cr. For the same year it recorded a net profit of ₹11.51 Cr (net margin 20.8%) and EBITDA of ₹2.37 Cr (EBITDA margin 4.3%).
The company had about 258 employees on its provident fund (EPFO) records before it was dissolved.
The company was associated with 1 brand: Omnova. Court records list 9 cases involving the company, including 5 filed by the company and 4 filed against it; 1 case is pending.
The last known website on record is omnova.com.
Company details
Name history
Apcotex Solutions India has undergone 2 name changes throughout its history. The company was previously known as Omnova Solutions India Private Limited, and Eliokem India Private Limited. The current legal name is Apcotex Solutions India Private Limited.
| Company Name | Status |
|---|---|
| Apcotex Solutions India Private Limited | Current |
| Omnova Solutions India Private Limited | Previous |
| Eliokem India Private Limited | Previous |
Contact details
Apcotex Solutions India Private Limited's registered office is in Taloja, Maharashtra. Its website is omnova.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot No 3/1 MIDC Industrial Area, Taloja, Maharashtra, India – 410208
- IndustryChemicals and Materials, Specialty Chemicals
To see the full contact details of Apcotex Solutions India 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
Brands
Apcotex Solutions India operates one associated brand: OMNOVA. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Coated fabrics, performance films, and decorative laminates are manufactured. | omnova.com |
Business activity
The main business activity of Apcotex Solutions India 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 Apcotex Solutions India Private Limited, buy the company report.
Financials of Apcotex Solutions India Private Limited
FY 2016 filings availableApcotex Solutions India Private Limited reported revenue of ₹55.24 Cr for FY 2016.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| 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 | ₹2.37 Cr | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹11.51 Cr | |
| 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
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 4.3% | |
| Net Profit Margin | 20.8% | |
| 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 | ||
To see the full financial statements and ratios of Apcotex Solutions India Private Limited, buy the company report.
Board of directors of Apcotex Solutions India Private Limited
Apcotex Solutions India has 4 current directors and 18 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anand Venkatesh Kumashi | Director | 05 Feb 2016 | 10 Years 9 Months | As last reported |
| Yashodhan Bhargao Gadgil | Director | 05 Feb 2016 | 10 Years 9 Months | As last reported |
| Abhiraj Atul Choksey | Director | 05 Feb 2016 | 10 Years 9 Months | As last reported |
| Priyamvada Ashesh Bhumkar Also directs: Jashan Music LLP, Privi Speciality Chemicals Limited, Saujesh Chemicals Private Limited and 4 more | Director | 22 Feb 2016 | 10 Years 8 Months | As last reported |
Peer comparison
Apcotex Solutions India Private Limited is compared with the 6 companies closest to it by revenue in the Chemicals industry (Specialty 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 |
|---|---|---|---|---|---|---|
| Irrh Specialty Chemicals India Limited | ₹55.69 Cr (FY 2025) | 8.0% | New Delhi, Delhi, India | |||
| Aerol Formulations Private Limited | ₹55.39 Cr (FY 2025) | 11.0% | New Delhi, Delhi, India | |||
| Pandj Cretechem Private Limited | ₹55.32 Cr (FY 2024) | 0.0% | Hyderabad, Telangana, India | |||
| Apcotex Solutions India Private Limitedthis company | ₹55.24 Cr (FY 2016) | ₹11.51 Cr | 20.8% | 258 | Taloja, Maharashtra, India | |
| Ultramarine Specialty Chemicals Limited | ₹55.2 Cr (FY 2025) | 46.0% | Chennai, Tamil Nadu, India | |||
| Arjun Chemicals Private Limited | ₹55.1 Cr (FY 2021) | -54.0% | Ranipet, Tamil Nadu, India | |||
| Finozol Speciality Chemicals Private Limited | ₹54.97 Cr (FY 2024) | 62.0% | Navi Mumbai, Maharashtra, India |
To see the full peer comparison of Apcotex Solutions India Private Limited, buy the company report.
Shareholding
The shareholding of Apcotex Solutions India Private Limited is on record for 3 financial years, the latest being FY 2016, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2016 | FY 2015 | FY 2014 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Apcotex Solutions India Private Limited, buy the company report.
Legal cases
Apcotex Solutions India Private Limited has 9 court cases on record: 5 filed by Apcotex Solutions India, 4 filed against it. 1 case is pending and 8 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 2 | 1 |
| District courts | 2 | 2 | 0 |
| Supreme Court | 2 | 0 | 0 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (0434-Indirect Taxes Matters : Anti Dumping Duty) | Filed by the company against M/S Fairdeal Polychem LLP THR. Its Director 389, Deepali , District: Pitampura ,New Delhi , Delhi and 2 others | Disposed |
| Bombay High Court | Court case (OLR) | Filed against the company by The Official Liquidator High Court Bombay | Pending |
| High Court, MAHARASHTRA | Tax appeal | Filed against the company by PR. Commissioner of Income Tax - 15, Mumbai Akhileshwar Sharma | Disposed |
| Supreme Court | Court case (0434-Indirect Taxes Matters : Anti Dumping Duty) | Filed by the company against Union of India Ministry of Finance Through Secretary Through Secretary Department of Revenue, North Block , District: New Delhi ,New Delhi , Delhi and 2 others | Disposed |
| Bombay High Court | Court case (CSD) | Filed by the company | Disposed |
To see the full case history of Apcotex Solutions India 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 Apcotex Solutions India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Apcotex Solutions India Private Limited has a workforce of 258 employees on its EPFO records as of Apr 07, 2024, across 2 active EPFO establishments.
GST
Apcotex Solutions India has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Apcotex Solutions India Private Limited, buy the company report.
Recent activity
Apcotex Solutions India Private Limited has 21 board changes on record since 2008: 4 appointments and 17 cessations. The latest: Abhiraj Atul Choksey ceased to be Additional Director on 03 Apr 2016.
12 earlier events are in the company report.
Frequently asked questions
Apcotex Solutions India has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Apcotex Solutions India was a private limited company based in Taloja, Maharashtra, India. The company worked in specialty chemicals, within the chemicals and materials industry. It was incorporated on 04 October 2007 and is registered under CIN U24296MH2007PTC174698. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Apcotex Solutions India was incorporated on 04 October 2007. It is registered with the Registrar of Companies, Mumbai.
Apcotex Solutions India had 4 directors:
- Anand Venkatesh Kumashi - Director
- Yashodhan Bhargao Gadgil - Director
- Abhiraj Atul Choksey - Director
- Priyamvada Ashesh Bhumkar - Director
The CIN (Corporate Identification Number) of Apcotex Solutions India is U24296MH2007PTC174698. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Apcotex Solutions India is at Plot No 31 MIDC Industrial Area, Taloja, Maharashtra, India – 410208.
Apcotex Solutions India can be reached through the website omnova.com. Its registered office is in Taloja, Maharashtra, India.
The latest financial statements of Apcotex Solutions India on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 10 August 2016. Year-wise statements from 2015 are in the company report.
No. Apcotex Solutions India has 2 GST registrations on record and all of them are cancelled or inactive.
Apcotex Solutions India operated in the chemicals and materials industry, in the specialty chemicals segment.
The peers of Apcotex Solutions India by revenue are Irrh Specialty Chemicals India Limited, Aerol Formulations Private Limited, Pandj Cretechem Private Limited, Ultramarine Specialty Chemicals Limited, Arjun Chemicals Private Limited and 1 more, all in the Chemicals industry (Specialty Chemicals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
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