
About Asha Dispersions Private Limited
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Asha Dispersions Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the dyes and pigments segment of the chemicals and materials sector. It was incorporated on 19 September 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24110MH1997PTC110754.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹11.39 Lakh. It is led by directors Zarna Jindat Mehta and Jindat Kalidas Mehta.
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 808/C Asha Housedr B A Road Dadar Tt, Mumbai, Maharashtra, India – 400014.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.32 Lakh, a growth of 80% compared to the previous year. For the same year it recorded a net profit of ₹1.16 Lakh (net margin 88.1%) and EBITDA of ₹1.16 Lakh (EBITDA margin 88.1%).
The company has about 55 employees on its provident fund (EPFO) records.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ashapenncolor.com.
Company details
Contact details
Asha Dispersions Private Limited's registered office is in Mumbai, Maharashtra. Its website is ashapenncolor.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address808/C Asha Housedr B A Road Dadar Tt, Mumbai, Maharashtra, India – 400014
- IndustryChemicals and Materials, Dyes & Pigments, Colorants
To see the full contact details of Asha Dispersions 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
Financials of Asha Dispersions Private Limited
FY 2025 filings availableAsha Dispersions Private Limited reported revenue of ₹1.32 Lakh (up 80% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 80% in the latest year. EBITDA rose 96% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹1.16 Lakh | ||||
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| Net Profit (PAT) | ₹1.16 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 88.1% | ||||
| Net Profit Margin | 88.1% | ||||
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To see the full financial statements and ratios of Asha Dispersions Private Limited, buy the company report.
Board of directors of Asha Dispersions Private Limited
Asha Dispersions has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Zarna Jindat Mehta | Director | 01 Jan 2025 | 1 Years 10 Months | Current |
| Jindat Kalidas Mehta Also directs: White Berry Realspaces LLP, Asha Innovations LLP, Asha Cellulose (India) Private Limited and 3 more | Director | 19 Sep 1997 | 29 Years 1 Months | Current |
Peer comparison
Asha Dispersions Private Limited is compared with the 10 companies closest to it by revenue in the Chemicals industry (Dyes and Pigments), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Regal (India) Private Limited | ₹1.54 Lakh (FY 2024) | -94.0% | Delhi, India | |||
| Blue Giant India Private Limited | ₹1.45 Lakh (FY 2025) | -90.0% | Mumbai, Maharashtra, India | |||
| Herdillia Chemicals Limited | ₹1.42 Lakh (FY 2022) | -17.0% | New Delhi, Delhi, India | |||
| Kavasmaneck Dyestuffs Private Limited | ₹1.38 Lakh (FY 2025) | -4.0% | Mumbai, Maharashtra, India | |||
| Digico Ink Private Limited | ₹1.33 Lakh (FY 2022) | -99.0% | Rajkot, Gujarat, India | |||
| Asha Dispersions Private Limitedthis company | ₹1.32 Lakh (FY 2025) | ₹1.16 Lakh | 88.1% | 80.0% | Mumbai, Maharashtra, India | |
| Rainbow Ink and Varnish Manufacturing Company Limited | ₹1.26 Lakh (FY 2024) | -74.0% | Mumbai, Maharashtra, India | |||
| Dewan Wala Chemical and Dyes Pvt Ltd | ₹1.2 Lakh (FY 2025) | New Delhi, Delhi, India | ||||
| Gujarat Intermediates Pvt. Ltd | ₹1.18 Lakh (FY 2025) | 5.0% | Gujarat, India | |||
| Advent Holistics Private Limited | ₹93,915 (FY 2025) | 9.0% | New Delhi, Delhi, India | |||
| Colourinn Industries Private Limited | ₹88,020 (FY 2025) | Ahmedabad, Gujarat, India |
To see the full peer comparison of Asha Dispersions Private Limited, buy the company report.
Auditor
Asha Dispersions Private Limited is audited by MEHTA KOTHARI & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MEHTA KOTHARI & CO. | FY 2023 | 106248W |
Shareholding
The shareholding of Asha Dispersions Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
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| Public | |||||
| Others |
To see the full shareholding pattern of Asha Dispersions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Asha Dispersions Private Limited 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 Asha Dispersions Private Limited; 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 Asha Dispersions Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Asha Dispersions Private Limited has 8 board changes on record since 1997: 3 appointments and 5 cessations. The latest: Zarna Jindat Mehta ceased to be Additional Director on 29 Sep 2025.
Frequently asked questions
Asha Dispersions is an active private limited company based in Mumbai, Maharashtra, India. The company works in dyes and pigments, within the chemicals and materials industry. It was incorporated on 19 September 1997 (29+ years old) and is registered under CIN U24110MH1997PTC110754.
Asha Dispersions has 2 current directors:
- Zarna Jindat Mehta - Director
- Jindat Kalidas Mehta - Director
The latest financial statements of Asha Dispersions on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Asha Dispersions is U24110MH1997PTC110754. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Asha Dispersions was incorporated on 19 September 1997, making it 29+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Asha Dispersions by revenue are Regal (India) Private Limited, Blue Giant India Private Limited, Herdillia Chemicals Limited, Kavasmaneck Dyestuffs Private Limited, Digico Ink Private Limited and 5 more, all in the Chemicals industry (Dyes and Pigments).
Zarna Jindat Mehta ceased to be Additional Director on 29 Sep 2025. Bidyut Baran Sen ceased to be Director on 10 Jan 2025. Champaklal Dolatram Mehta ceased to be Director on 10 Jan 2025. Asha Dispersions has 8 board changes on record in total.
Asha Dispersions can be reached through the website ashapenncolor.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Asha Dispersions is at 808C Asha Housedr B A Road Dadar Tt, Mumbai, Maharashtra, India – 400014.
Asha Dispersions operates in the chemicals and materials industry, in the dyes and pigments segment.
The compliance status of Asha Dispersions is compliant as of 04 July 2026. The company is actively filing with the Registrar of Companies.

