About Blue Cube Chemicals India Private Limited
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Blue Cube Chemicals India Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Blue Cube Chemicals Singapore Pte. Limited. It operates in the industrial chemicals segment of the chemicals and materials sector. It was incorporated on 19 July 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24233MH2013PTC245868. Its GSTIN is 27AAHCP3214D1ZS (Maharashtra). The company holds 5 GST registrations, of which 4 are active.
The company has an authorised share capital of ₹60 Cr and a paid-up capital of ₹41.26 Cr. It was formerly known as Palm Chemicals India Private Limited. It is led by directors including Mukund Baliram Bhore and Carlo Manfred Ludwig Spaniol.
Its last annual general meeting (AGM) was held on 01 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.12 Cr, a decline of 25% compared to the previous year. For the same year it recorded a net loss of ₹74.07 Lakh (net margin -66.3%) and EBITDA of -₹73.12 Lakh (EBITDA margin -65.4%). Revenue has declined at a compounded annual rate (CAGR) of 49% over three years and 32% over five years.
The company is associated with 1 brand: Olin Corporation. The company has 1 deal on record (1 rights issue); the latest was in May 2015.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website olin.com.
Company details
Contact details
Blue Cube Chemicals India Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address#1302 Tower – 3 One International Center Senapati Bapat Marg Elphinstone Road (W, Est), Mumbai, Maharashtra, India – 400013
- IndustryChemicals and Materials, Industrial Chemicals
To see the full contact details of Blue Cube Chemicals 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
Blue Cube Chemicals India operates one associated brand: Olin Corporation. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Chemicals and ammunition are manufactured and distributed worldwide. | olin.com |
Business activity
The main business activity of Blue Cube Chemicals India is support service to organizations. In detail, this covers other support services to organizations.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Blue Cube Chemicals India Private Limited, buy the company report.
Financials of Blue Cube Chemicals India Private Limited
FY 2025 filings availableBlue Cube Chemicals India Private Limited reported revenue of ₹1.12 Cr (down 25% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 32% over five years, including a 25% fall in the latest year. EBITDA fell 27% 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 | -₹73.12 Lakh | ||||
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| Net Profit (PAT) | -₹74.07 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 | -65.4% | ||||
| Net Profit Margin | -66.3% | ||||
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To see the full financial statements and ratios of Blue Cube Chemicals India Private Limited, buy the company report.
Board of directors of Blue Cube Chemicals India Private Limited
Blue Cube Chemicals India has 4 current directors and 14 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mukund Baliram Bhore | Director | 30 Jul 2024 | 2 Years 3 Months | Current |
| Carlo Manfred Ludwig Spaniol | Director | 07 Nov 2016 | 10 Years 0 Months | Current |
| Teresa Marie Vermillion | Director | 09 Mar 2018 | 8 Years 8 Months | Current |
| Rebecca Ann Oneil | Director | 09 Apr 2025 | 1 Years 7 Months | Current |
Auditor
Blue Cube Chemicals India Private Limited is audited by RAHUL KHANDHERIA & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAHUL KHANDHERIA & ASSOCIATES | FY 2019 | 117126W |
Shareholding
The shareholding of Blue Cube Chemicals India Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Blue Cube Chemicals India Private Limited, buy the company report.
Deals & funding
Blue Cube Chemicals India Private Limited has 1 deal on record (1 rights issue); the latest was in May 2015.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2015 | Rights issue | ₹41.25 Cr | Investors: Blue Cube Chemicals Singapore Pte Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Blue Cube Chemicals India 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 Blue Cube Chemicals India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Blue Cube Chemicals India has 5 GST registrations: 4 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAHCP3214D1ZS | Maharashtra | Active | 01 Jul 2017 |
| 27AAHCP3214D2ZR | Maharashtra | Active | 31 Aug 2017 |
| 24AAHCP3214D1ZY | Gujarat | Active | 01 Jul 2017 |
| 29AAHCP3214D1ZO | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Blue Cube Chemicals India Private Limited, buy the company report.
Recent activity
Blue Cube Chemicals India Private Limited has 19 board changes on record since 2015: 5 appointments and 14 cessations. The latest: Rebecca Ann Oneil ceased to be Additional Director on 31 Aug 2025.
10 earlier events are in the company report.
News
Frequently asked questions
Blue Cube Chemicals India is an active private limited company based in Mumbai, Maharashtra, India. The company works in industrial chemicals, within the chemicals and materials industry. It was incorporated on 19 July 2013 (13+ years old) and is registered under CIN U24233MH2013PTC245868.
Blue Cube Chemicals India has 4 current directors:
- Mukund Baliram Bhore - Director
- Carlo Manfred Ludwig Spaniol - Director
- Teresa Marie Vermillion - Director
- Rebecca Ann Oneil - Director
The latest financial statements of Blue Cube Chemicals India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 01 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Blue Cube Chemicals India is 27AAHCP3214D1ZS, registered in Maharashtra. The company has 5 GST registrations in all, of which 4 are active and 1 is cancelled or inactive. Other active GSTINs include 27AAHCP3214D2ZR (Maharashtra), 24AAHCP3214D1ZY (Gujarat), 29AAHCP3214D1ZO (Karnataka).
The CIN (Corporate Identification Number) of Blue Cube Chemicals India is U24233MH2013PTC245868. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Blue Cube Chemicals India was incorporated on 19 July 2013, making it 13+ years old. It is registered with the Registrar of Companies, Mumbai.
Blue Cube Chemicals India has 1 deal on record (1 rights issue); the latest was in May 2015.
Rebecca Ann Oneil ceased to be Additional Director on 31 Aug 2025. Rebecca Ann Oneil was appointed as Director on 09 Apr 2025. Mukund Baliram Bhore was appointed as Director on 30 Jul 2024. Blue Cube Chemicals India has 19 board changes on record in total.
Blue Cube Chemicals India can be reached through the website olin.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Blue Cube Chemicals India is at #1302 Tower – 3 One International Center Senapati Bapat Marg Elphinstone Road W, Est, Mumbai, Maharashtra, India – 400013.
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