MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-24-0008002
Aikya Chemicals Private Limited
Aikya Chemicals Private Limited - chemicals and materials in Vadodara, Gujarat, India. FY 2026 financials & compliance.
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.
| CIN | Status |
|---|---|
| U24100GJ2011PTC068018 | Current |
| U55100GJ2011PTC068018 | Previous |
Key People
Rajat Kumar Dash Nominee Director Kalpesh Mahendrakumar Mehta Director Bindiya Sanjay Kumar Shah Director Recognitions & Rankings of Aikya Chemicals
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 Address1 Chandramani Nagar Vidhya Vihar School Lane Off: High Tension Road Subhanpura, Vadodara, Gujarat, India – 390023
- IndustryChemicals 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 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 Aikya Chemicals Private Limited, buy the company report.
Financials of Aikya Chemicals Private Limited
FY 2025 filings availableAikya 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
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| Cost of Materials Consumed | |||||
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| Total Expenses | |||||
| EBITDA | -₹1.48 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹5.96 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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| Long-term Borrowings | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 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 | |||||
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| 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
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajat Kumar Dash | Nominee Director | 29 Sep 2023 | 3 Years 1 Months | Current |
| Kalpesh Mahendrakumar Mehta | Director | 01 Dec 2012 | 13 Years 11 Months | Current |
| Bindiya Sanjay Kumar Shah Also directs: Cube Construction Engineering Limited, Ved Indian Heritage Haat Foundation, Ajwa Nature Safari Park Private Limited and 5 more | Director | 30 Nov 2011 | 14 Years 11 Months | Current |
| Anupma Kartick Iyer | Nominee Director | 06 Sep 2024 | 2 Years 2 Months | Current |
| Hiten Pranalal Patwa | Director | 11 Dec 2012 | 13 Years 11 Months | Current |
| Sanjay Shah Chhotalal Also directs: Cube Construction Engineering Limited, Sancube Infra Projects Private Limited, Ved Indian Heritage Haat Foundation and 1 more | Director | 30 Nov 2011 | 14 Years 11 Months | Current |
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.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| 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% | 1 | Vadodara, 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 firm | Financial year | Firm registration number |
|---|---|---|
| SHAH JAIN & HINDOCHA | FY 2019 | 124953W |
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 category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 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
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Dec 2020 | 100449607 | Others | ₹48 Lakh | Open | |
| 01 Mar 2014 | 10482554 | Others | ₹4.98 Cr | Open | |
| 30 Oct 2013 | 10467634 | Bank of Baroda | ₹25.39 Cr | Open |
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)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2017 | Funding round | ₹5 Cr | Investors: Gujarat Mineral Development Corporation Limited , Arena Mines and Minerals Private Limited , 2 individuals |
| Mar 2014 | Secondary share transfer | Undisclosed | Buyer: Gujarat Mineral Development Corporation Limited Seller: Arena Mines and Minerals Private Limited |
| Sep 2013 | Funding round | ₹9.99 Cr | Investors: Arena Mines and Minerals Private Limited , 2 individuals |
| Oct 2012 | Secondary share transfer | Undisclosed | Buyer: Arena Mines and Minerals Private Limited Seller: Cube Construction Engineering Limited |
| Apr 2012 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Aikya Chemicals Private Limited has 4 court cases on record: 4 filed against it. 1 case is pending and 3 are disposed.
Total cases
4
Filed against the company
4
Pending
1
Disposed
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 0 |
| High courts | 2 | 2 | 1 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Gujarat | Court case (TAXAP) | Filed against the company by The Principal Commissioner of Income Tax , Central , Surat | Pending |
| High Court of Gujarat | Appeal | Filed against the company by The Principal Commissioner of Income Tax , Central , Surat | Disposed |
| District court, Vadodara, Gujarat | Court case (EXE SM) | Filed against the company by Globus Security and Detective Services Through Authorized Officer Shri Ajit Pawar | Disposed |
| District court, Vadodara, Gujarat | Court case (DST LC) | Filed against the company by an individual | Disposed |
To see the full case history of Aikya Chemicals 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.
Credit ratings & regulatory alerts
Aikya Chemicals Private Limited was last rated by Crisil on 09 Apr 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 09 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)
| Supplier | Amount due | Due since | Reported 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 year | Employees (EPFO) |
|---|---|
| FY 2021-22 | 1 |
| 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
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAKCA0136G1Z5 | Gujarat | Active | 01 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:
- Rajat Kumar Dash - Nominee Director
- Kalpesh Mahendrakumar Mehta - Director
- Bindiya Sanjay Kumar Shah - Director
- Anupma Kartick Iyer - Nominee Director
- Hiten Pranalal Patwa - Director
- Sanjay Shah Chhotalal - Director
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.
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