Aikya Chemicals Private Limited

Aikya Chemicals Private Limited - chemicals and materials in Vadodara, Gujarat, India. FY 2026 financials & compliance.
CIN U24100GJ2011PTC068018 Incorporated 30 November 2011 ROC Ahmedabad HQ Vadodara, Gujarat, India
Active Private Limited Company chemicals and materials MSME · Medium
Revenue · FY 2025
₹8.92 Cr
▼ 39% YoY
Net loss · FY 2025
₹5.96 Cr
Net margin -66.8%
EBITDA · FY 2025
-₹1.48 Cr
EBITDA margin -16.6%
Authorised capital
₹15 Cr
Registered with MCA
Paid-up capital
₹15 Cr
Issued & subscribed
Open charges
₹30.85 Cr
Secured borrowings
Company age
15 yrs
Est. 2011
Employees · EPFO
1
Provident fund records

About Aikya Chemicals Private Limited

Data last updated:

Aikya Chemicals Private Limited is a private limited company based in Vadodara, Gujarat, India, a subsidiary of Cube Mines And Minerals Private Limited. It operates in the industrial chemicals segment of the chemicals and materials sector. It was incorporated on 30 November 2011 and has been in existence for over 15 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24100GJ2011PTC068018. Its GSTIN is 24AAKCA0136G1Z5 (Gujarat).

The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹15 Cr. It was formerly known as Aikya Inn Hotels & Resorts Private Limited. It is led by directors including Kalpesh Mahendrakumar Mehta and Bindiya Sanjay Kumar Shah.

Its last annual general meeting (AGM) was held on 26 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 1 Chandramani Nagar Vidhya Vihar School Lane Off: High Tension Road Subhanpura, Vadodara, Gujarat, India – 390023.

As per the financials filed for FY 2025, the company reported a revenue of ₹8.92 Cr, a decline of 39% compared to the previous year. For the same year it recorded a net loss of ₹5.96 Cr (net margin -66.8%) and EBITDA of -₹1.48 Cr (EBITDA margin -16.6%). Revenue has declined at a compounded annual rate (CAGR) of 26% over three years and 10% over five years.

The company has about 1 employee on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹30.85 Cr on record. Court records list 4 cases involving the company, including 4 filed against it; 1 case is pending. The company has 5 deals on record (3 secondary share transfers, 2 funding rounds), with disclosed funding of ₹14.99 Cr; the latest was in January 2017. Its 6 peer companies in the Metals and Minerals industry (Industrial Chemicals, Other Minerals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products) are compared by revenue, 4 larger and 2 smaller; the largest is Glocot Chemicals Private Limited with revenue of ₹8.97 Cr. The company has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 1 overdue payment to 1 micro and small supplier.

Aikya Chemicals Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-24-0008002). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U24100GJ2011PTC068018
Registration Number 068018
Incorporation Date 30 November 2011
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Parent Company Cube Mines And Minerals Private Limited
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-GJ-24-0008002

CIN history

Aikya Chemicals has one previous CIN (Corporate Identification Number): U55100GJ2011PTC068018. The current CIN is U24100GJ2011PTC068018, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U24100GJ2011PTC068018Current
U55100GJ2011PTC068018Previous

Recognitions & Rankings of Aikya Chemicals

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-GJ-24-0008002

Contact details

Aikya Chemicals Private Limited's registered office is in Vadodara, Gujarat. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    1 Chandramani Nagar Vidhya Vihar School Lane Off: High Tension Road Subhanpura, Vadodara, Gujarat, India – 390023
  • Industry
    Chemicals and Materials, Industrial Chemicals

To see the full contact details of Aikya Chemicals Private Limited, buy the company report.

Comprehensive company report
Aikya Chemicals Private Limited - one report that includes everything
  • 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

The main business activity of Aikya Chemicals is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC6Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products

To see the full business activity and turnover split of Aikya Chemicals Private Limited, buy the company report.

Financials of Aikya Chemicals Private Limited

FY 2025 filings available

Aikya Chemicals Private Limited reported revenue of ₹8.92 Cr (down 39% YoY) for FY 2025.

Revenue · FY 2025
₹8.92 Cr ▼ 39%
Net loss · FY 2025
₹5.96 Cr margin -66.8%
EBITDA · FY 2025
-₹1.48 Cr margin -16.6%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 39%
3 years · compounded
▼ 26%
5 years · compounded
▼ 10%
EBITDA CAGR growth
1 year
▼ 36%
3 years · compounded
▼ 30%
5 years · compounded
▼ 18%

Revenue has declined at a compounded annual rate (CAGR) of 10% over five years, including a 39% fall in the latest year. EBITDA fell 36% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
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-₹1.48 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹5.96 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin-16.6%
Net Profit Margin-66.8%
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 Aikya Chemicals Private Limited, buy the company report.

Board of directors of Aikya Chemicals Private Limited

Aikya Chemicals has 6 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Rajat Kumar DashNominee Director29 Sep 20233 Years 1 MonthsCurrent
Kalpesh Mahendrakumar MehtaDirector01 Dec 201213 Years 11 MonthsCurrent
Bindiya Sanjay Kumar ShahDirector30 Nov 201114 Years 11 MonthsCurrent
Anupma Kartick IyerNominee Director06 Sep 20242 Years 2 MonthsCurrent
Hiten Pranalal PatwaDirector11 Dec 201213 Years 11 MonthsCurrent
Sanjay Shah ChhotalalDirector30 Nov 201114 Years 11 MonthsCurrent

Peer comparison

Aikya Chemicals Private Limited is compared with the 6 companies closest to it by revenue in the Metals and Minerals industry (Industrial Chemicals, Other Minerals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Glocot Chemicals Private Limited₹8.97 Cr (FY 2024)-1.0%New Delhi, Delhi, India
Requisite Chemicals Private Limited₹8.95 Cr (FY 2024)41.0%Thane, Maharashtra, India
SPR Chemopharma Private Limited₹8.94 Cr (FY 2025)-16.0%Navi Mumbai, Maharashtra, India
Techmens Hydro Carbons Private Limited₹8.93 Cr (FY 2024)-8.0%Kolkata, West Bengal, India
Aikya Chemicals Private Limitedthis company₹8.92 Cr (FY 2025)-₹5.96 Cr-66.8%-39.0%1Vadodara, Gujarat, India
Tarun Fluo-Chem Private Limited₹8.9 Cr (FY 2025)43.0%Delhi, India
Shri Durga Maa Foods and Chemicals Pvt Ltd₹8.9 Cr (FY 2021)-44.0%Uttar Pradesh, India

To see the full peer comparison of Aikya Chemicals Private Limited, buy the company report.

Auditor

Aikya Chemicals Private Limited is audited by SHAH JAIN & HINDOCHA for the financial year 2019.

Auditor firmFinancial yearFirm registration number
SHAH JAIN & HINDOCHAFY 2019124953W

Shareholding

The shareholding of Aikya Chemicals Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2022FY 2021FY 2020FY 2019FY 2018
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Aikya Chemicals Private Limited, buy the company report.

Charges & borrowings

Open charges
₹30.85 Cr
Satisfied charges
None
Breakdown by lending institutions
Bank of Baroda₹25.39 Cr
Others₹5.46 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
28 Dec 2020100449607Others₹48 LakhOpen
01 Mar 201410482554Others₹4.98 CrOpen
30 Oct 201310467634Bank of Baroda₹25.39 CrOpen

To see the full charge records of Aikya Chemicals Private Limited, buy the company report.

Total charge records: 3 View all charges

Deals & funding

Aikya Chemicals Private Limited has 5 deals on record (3 secondary share transfers, 2 funding rounds), with disclosed funding of ₹14.99 Cr; the latest was in January 2017.

Total deals
5
Secondary share transfers
3
Funding rounds
2
Disclosed funding
₹14.99 Cr

Deals on record (5 of 5)

WhenDealAmountParties
Jan 2017Funding round₹5 CrInvestors: Gujarat Mineral Development Corporation Limited , Arena Mines and Minerals Private Limited , 2 individuals
Mar 2014Secondary share transferUndisclosedBuyer: Gujarat Mineral Development Corporation Limited
Seller: Arena Mines and Minerals Private Limited
Sep 2013Funding round₹9.99 CrInvestors: Arena Mines and Minerals Private Limited , 2 individuals
Oct 2012Secondary share transferUndisclosedBuyer: Arena Mines and Minerals Private Limited
Seller: Cube Construction Engineering Limited
Apr 2012Secondary share transferUndisclosedBuyer: an individual
Seller: an individual

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Credit ratings & regulatory alerts

Aikya Chemicals Private Limited was last rated by Crisil on 09 Apr 2021.

Rating agencyRated onRating
Crisil09 Apr 2021

To see the full credit ratings and regulatory alerts of Aikya Chemicals Private Limited, buy the company report.

MSME payment delays

Aikya Chemicals Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 1 overdue payment to 1 micro and small supplier. 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 (1 of 1)

SupplierAmount dueDue sinceReported on
Om Road Carriers Private Limited

To see the full MSME payment records of Aikya Chemicals Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Group structure & subsidiaries

Aikya Chemicals has 1 associated company. This group structure data is as of FY 2022. The table lists each entity with its relationship and holding.

1
Associated companies

Employees & EPFO

Aikya Chemicals Private Limited has a workforce of 1 employees on its EPFO records as of Mar 2022, across 1 active EPFO establishment.

Employee count
1
Active EPFO establishments
1

Headcount by financial year

Financial yearEmployees (EPFO)
FY 2021-221
FY 2020-21
FY 2019-20
FY 2018-19
FY 2017-18

To see the full employee and EPFO history of Aikya Chemicals Private Limited, buy the company report.

GST

Aikya Chemicals has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AAKCA0136G1Z5GujaratActive01 Jul 2017

To see the full GST registrations and return filing status of Aikya Chemicals Private Limited, buy the company report.

Recent activity

Aikya Chemicals Private Limited has 19 board changes on record since 2011: 6 appointments and 13 cessations. The latest: Anupma Kartick Iyer was appointed as Nominee Director on 06 Sep 2024.

AGM
Aikya Chemicals Private Limited last Annual general meeting of members was held on 26 Sep 2025 as per latest MCA records.
Filing
Aikya Chemicals Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Appointed
Anupma Kartick Iyer was appointed as Nominee Director.
Ceased
Lavanya Kulshrestha ceased to be Nominee Director.
Ceased
Pulak Arun Mathur ceased to be Nominee Director.
Appointed
Rajat Kumar Dash was appointed as Nominee Director.
Ceased
Roopwant Singh ceased to be Nominee Director.
Ceased
Arunkumar Mohanbhai Solanki ceased to be Nominee Director.
Charges
A charge with Others amounted to Rs. 0.48 Cr with Charge ID 100449607 was registered on 28 Dec 2020.
Charges
A charge with Others of Rs. 4.98 Cr registered on 01 Mar 2014 with Charge ID 10482554 was modified on 28 Dec 2020.
Ceased
Birju Chhotalal Shah ceased to be Director.
Ceased
Dilipkumar Umiyashanker Vyas ceased to be Nominee Director.

14 earlier events are in the company report.

Frequently asked questions

Aikya Chemicals is an active private limited company based in Vadodara, Gujarat, India. The company works in industrial chemicals, within the chemicals and materials industry. It was incorporated on 30 November 2011 (15+ years old) and is registered under CIN U24100GJ2011PTC068018.

Aikya Chemicals has 6 current directors:

The latest financial statements of Aikya Chemicals on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 26 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Aikya Chemicals is 24AAKCA0136G1Z5, registered in Gujarat.

The CIN (Corporate Identification Number) of Aikya Chemicals is U24100GJ2011PTC068018. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Aikya Chemicals has 4 court cases on record: 4 filed against it. 1 is pending. Most are in the district courts.

Aikya Chemicals was incorporated on 30 November 2011, making it 15+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Aikya Chemicals has 5 deals on record (3 secondary share transfers, 2 funding rounds), with disclosed funding of ₹14.99 Cr; the latest was in January 2017.

The peers of Aikya Chemicals by revenue are Glocot Chemicals Private Limited, Requisite Chemicals Private Limited, SPR Chemopharma Private Limited, Techmens Hydro Carbons Private Limited, Tarun Fluo-Chem Private Limited and 1 more, all in the Metals and Minerals industry (Industrial Chemicals, Other Minerals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).

Anupma Kartick Iyer was appointed as Nominee Director on 06 Sep 2024. Lavanya Kulshrestha ceased to be Nominee Director on 06 Sep 2024. Pulak Arun Mathur ceased to be Nominee Director on 29 Sep 2023. Aikya Chemicals has 19 board changes on record in total.

Yes, Aikya Chemicals is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-24-0008002).

Aikya Chemicals has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 1 overdue payment to 1 micro and small supplier. The latest return was filed on 25 May 2019.