About Basell Polyolefins India Private Limited
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Basell Polyolefins India Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Basell International Holdings B.V.. It operates in the business support services segment of the business services sector. It was incorporated on 12 October 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U25209MH2004PTC149090. Its GSTIN is 27AACCB5368D1ZS (Maharashtra). The company holds 7 GST registrations, of which 6 are active.
The company has an authorised share capital of ₹52.05 Cr and a paid-up capital of ₹17.22 Lakh. It is led by directors including Ritu Kohli Nandedkar (Managing Director) and Hemant Ganesh Vaidya (Whole-Time Director).
Its last annual general meeting (AGM) was held on 24 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 101 – 104 1st Floor Godrej Two Pirojshanagar Eastern Express Highway, Mumbai, Maharashtra, India – 400079.
As per the financials filed for FY 2025, the company reported a revenue of ₹889.54 Cr, a growth of 9% compared to the previous year. For the same year it recorded a net profit of ₹46.51 Cr (net margin 5.2%) and EBITDA of ₹100.86 Cr (EBITDA margin 11.3%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 24% over five years.
The company has about 414 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: LyondellBasell. Court records list 18 cases involving the company, including 4 filed by the company and 14 filed against it. The company has 9 deals on record (5 convertible or debt financings, 3 funding rounds, 1 rights issue), with disclosed funding of ₹411.59 Cr; the latest was in March 2023. The company has 17 MSME Form 1 returns on record between 2017 and 2024, listing 602 overdue payments to 105 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website lyondellbasell.com.
Company details
CIN history
Basell Polyolefins India has one previous CIN (Corporate Identification Number): U74210MH2004PTC149090. The current CIN is U25209MH2004PTC149090, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U25209MH2004PTC149090 | Current |
| U74210MH2004PTC149090 | Previous |
Contact details
Basell Polyolefins India Private Limited's registered office is in Mumbai, Maharashtra. Its website is lyondellbasell.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address101 – 104 1st Floor Godrej Two Pirojshanagar Eastern Express Highway, Mumbai, Maharashtra, India – 400079
- IndustryBusiness Services, Business Support Services
To see the full contact details of Basell Polyolefins 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
Basell Polyolefins India operates one associated brand: LyondellBasell. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Ethylene, polypropylene, and specialty chemicals are manufactured globally. | lyondellbasell.com |
Business activity
The main business activities of Basell Polyolefins India are manufacturing and support service to organizations. In detail, this covers manufacture of chemicals and chemical products, other support services to organizations and plastic products, non-metallic mineral products, rubber products, fabricated metal products. 3 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 20 | Manufacture of chemicals and chemical products | |
| N | Support service to Organizations | N7 | Other support services to organizations | |
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of Basell Polyolefins India Private Limited, buy the company report.
Financials of Basell Polyolefins India Private Limited
FY 2025 filings availableBasell Polyolefins India Private Limited reported revenue of ₹889.54 Cr (up 9% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 24% over five years, including 9% growth in the latest year. EBITDA rose 28% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹889.54 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹100.86 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹46.51 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 11.3% | ||||
| Net Profit Margin | 5.2% | ||||
| 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 Basell Polyolefins India Private Limited, buy the company report.
Board of directors of Basell Polyolefins India Private Limited
Basell Polyolefins India has 4 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ritu Kohli Nandedkar | Managing Director | 19 Mar 2012 | 14 Years 7 Months | Current |
| Hemant Ganesh Vaidya | Whole-Time Director | 22 Mar 2013 | 13 Years 7 Months | Current |
| Anand Agarwal | Whole-Time Director | 24 Jul 2025 | 1 Years 3 Months | Current |
| Dharmesh Ramesh Shah | Additional Director | 02 Sep 2026 | 0 Years 2 Months | Current |
Auditor
Basell Polyolefins India Private Limited is audited by Price Waterhouse & Co Chartered Accountants LLP for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Price Waterhouse & Co Chartered Accountants LLP | FY 2025 | 304026E/E-300009 |
Shareholding
The shareholding of Basell Polyolefins India Private Limited is on record for 5 financial years, the latest being FY 2025, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Basell Polyolefins India Private Limited, buy the company report.
Deals & funding
Basell Polyolefins India Private Limited has 9 deals on record (5 convertible or debt financings, 3 funding rounds, 1 rights issue), with disclosed funding of ₹411.59 Cr; the latest was in March 2023.
Deals on record (4 of 9)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2023 | Rights issue | ₹50 Cr | Investors: Basell International Holdings BV |
| Apr 2016 | Funding round | ₹73.87 Cr | Investors: Basell International Holdings BV |
| Jan 2014 | Funding round | ₹6.23 Cr | Investors: Basell International Holdings BV |
| Nov 2011 | Funding round | ₹5 Cr | Investors: Basell International Holdings BV |
To see the full deal history of Basell Polyolefins India Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Basell Polyolefins India Private Limited has 18 court cases on record: 4 filed by Basell Polyolefins India, 14 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 12 | 12 | 0 |
| High courts | 6 | 2 | 0 |
Cases on record (5 of 18)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, MAHARASHTRA | Writ petition | Filed against the company by individuals | Disposed |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Comp ULP) | Filed against the company by an individual | Disposed |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Comp ULP) | Filed against the company by an individual | Disposed |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Comp ULP) | Filed against the company by an individual | Disposed |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Comp ULP) | Filed against the company by an individual | Disposed |
To see the full case history of Basell Polyolefins 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
Basell Polyolefins India Private Limited has 17 MSME Form 1 returns on record between 2017 and 2024, listing 602 overdue payments to 105 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 105)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Euro Cars India Private Limited | |||
| an individual supplier | |||
| S and S Lable | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Basell Polyolefins India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Basell Polyolefins India Private Limited has a workforce of 414 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 414 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Basell Polyolefins India Private Limited, buy the company report.
GST
Basell Polyolefins India has 7 GST registrations: 6 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCB5368D1ZS | Maharashtra | Active | 01 Jul 2017 |
| 27AACCB5368D2ZR | Maharashtra | Active | 31 Aug 2017 |
| 06AACCB5368D1ZW | Haryana | Active | 01 Jul 2017 |
| 24AACCB5368D3ZW | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Basell Polyolefins India Private Limited, buy the company report.
Recent activity
Basell Polyolefins India Private Limited has 11 board changes on record since 2009: 4 appointments and 7 cessations. The latest: Dharmesh Ramesh Shah was appointed as Additional Director on 02 Sep 2026.
2 earlier events are in the company report.
News
Frequently asked questions
Basell Polyolefins India is an active private limited company based in Mumbai, Maharashtra, India. The company works in business support services, within the business services industry. It was incorporated on 12 October 2004 (22+ years old) and is registered under CIN U25209MH2004PTC149090.
Basell Polyolefins India has 4 current directors:
- Ritu Kohli Nandedkar - Managing Director
- Hemant Ganesh Vaidya - Whole-Time Director
- Anand Agarwal - Whole-Time Director
- Dharmesh Ramesh Shah - Additional Director
The latest financial statements of Basell Polyolefins India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 24 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Basell Polyolefins India is 27AACCB5368D1ZS, registered in Maharashtra. The company has 7 GST registrations in all, of which 6 are active and 1 is cancelled or inactive. Other active GSTINs include 27AACCB5368D2ZR (Maharashtra), 06AACCB5368D1ZW (Haryana), 24AACCB5368D3ZW (Gujarat).
The CIN (Corporate Identification Number) of Basell Polyolefins India is U25209MH2004PTC149090. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Basell Polyolefins India has 18 court cases on record: 4 filed by the company and 14 filed against it. Most are in the district courts.
Basell Polyolefins India was incorporated on 12 October 2004, making it 22+ years old. It is registered with the Registrar of Companies, Mumbai.
Basell Polyolefins India has 9 deals on record (5 convertible or debt financings, 3 funding rounds, 1 rights issue), with disclosed funding of ₹411.59 Cr; the latest was in March 2023.
Dharmesh Ramesh Shah was appointed as Additional Director on 02 Sep 2026. Anand Agarwal was appointed as Whole-Time Director on 24 Jul 2025. Lakshman Krishnan Iyer ceased to be Director on 26 Sep 2017. Basell Polyolefins India has 11 board changes on record in total.
Basell Polyolefins India has 17 MSME Form 1 returns on record between 2017 and 2024, listing 602 overdue payments to 105 micro and small suppliers. The latest return was filed on 25 Apr 2024.
Basell Polyolefins India can be reached through the website lyondellbasell.com. Its registered office is in Mumbai, Maharashtra, India.
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