About Akin Chemicals Private Limited
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Akin Chemicals Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Akin Logistics And Services Private Limited. It operates in the chemical distribution and retail segment of the chemicals and materials sector. It was incorporated on 29 July 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51496MH1997PTC109677. Its GSTIN is 27AACCA4152E1Z3 (Maharashtra). The company holds 6 GST registrations, of which 5 are active.
The company has an authorised share capital of ₹1.55 Cr and a paid-up capital of ₹1.5 Cr. It is led by directors including Dushyant Mahesh Somani and Vishal Somani.
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 Jash Chambers 5th Floor Sir P M Road Fort, Mumbai, Maharashtra, India – 400001.
As per the financials filed for FY 2025, the company reported a revenue of ₹753.19 Cr, a growth of 4% compared to the previous year. For the same year it recorded a net profit of ₹11.94 Cr (net margin 1.6%) and EBITDA of ₹25.25 Cr (EBITDA margin 3.4%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years.
The company has about 48 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Akin Chemicals Limited. As per MCA filings, the company has open charges of ₹285 Cr and satisfied charges of ₹71.75 Cr on record. Court records list 6 cases involving the company, including 5 filed by the company and 1 filed against it. The company has 10 deals on record (9 secondary share transfers, 1 funding round), with disclosed funding of ₹1.3 Cr; the latest was in March 2023.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website akinchemicals.com.
Company details
Contact details
Akin Chemicals Private Limited's registered office is in Mumbai, Maharashtra. Its website is akinchemicals.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressJash Chambers 5th Floor Sir P M Road Fort, Mumbai, Maharashtra, India – 400001
- IndustryChemicals and Materials, Chemical Distribution & Retail
To see the full contact details of Akin Chemicals 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
Akin Chemicals operates one associated brand: Akin Chemicals Limited. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides chemical solutions for pharmaceuticals, paints, agrochemicals, and construction industries. | akinchemicals.com |
Business activity
The main business activity of Akin 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 Akin Chemicals Private Limited, buy the company report.
Financials of Akin Chemicals Private Limited
FY 2025 filings availableAkin Chemicals Private Limited reported revenue of ₹753.19 Cr (up 4% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 9% over three years, including 4% growth in the latest year. EBITDA fell 35% 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 | ₹753.19 Cr | ||||
| Cost of Materials Consumed | |||||
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| Total Expenses | |||||
| EBITDA | ₹25.25 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹11.94 Cr | ||||
| Balance Sheet | |||||
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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 | 3.4% | ||||
| Net Profit Margin | 1.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Akin Chemicals Private Limited, buy the company report.
Board of directors of Akin Chemicals Private Limited
Akin Chemicals has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dushyant Mahesh Somani | Director | 21 Nov 2022 | 3 Years 11 Months | Current |
| Vishal Somani Also directs: Shyam Chemicals Pvt Ltd, Vikram Trading Company Private Limited | Director | 23 Apr 2003 | 23 Years 6 Months | Current |
| Rajesh Kumar Tapuriah | Director | 01 Jul 1998 | 28 Years 4 Months | Current |
Auditor
Akin Chemicals Private Limited is audited by S. G. Kabra & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S. G. Kabra & Co | FY 2023 | 104507W |
Shareholding
The shareholding of Akin Chemicals 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) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Akin Chemicals Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Dec 2024 | 101040118 | Citi Bank N.A. | ₹75 Cr | Open | |
| 03 Jun 2019 | 100270175 | The Hongkong and Shanghai Banking Corporation Limited | ₹75 Cr | Open | |
| 19 Mar 2019 | 100253458 | Standard Chartered Bank | ₹35 Cr | Open | |
| 30 Mar 2011 | 10283152 | Others | ₹50 Cr | Open | |
| 29 Mar 2006 | 80047295 | Others | ₹25 Cr | Open |
To see the full charge records of Akin Chemicals Private Limited, buy the company report.
Total charge records: 16 View all charges
Deals & funding
Akin Chemicals Private Limited has 10 deals on record (9 secondary share transfers, 1 funding round), with disclosed funding of ₹1.3 Cr; the latest was in March 2023.
Deals on record (5 of 10)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2023 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
| Mar 2022 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: 4 individuals |
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2020 | Secondary share transfer | Undisclosed | Buyer: Vishal Somani HUF, 3 individuals Seller: 4 individuals |
| Mar 2012 | Funding round | ₹1.3 Cr | Investors: Vaikunth Trading Co. Private Limited , 3 individuals |
To see the full deal history of Akin Chemicals 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
Akin Chemicals Private Limited has 6 court cases on record: 5 filed by Akin Chemicals, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 1 | 0 |
| High courts | 2 | 0 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Special civil application | Filed by the company against individuals | Disposed |
| High Court, ANDHRAPRADESH | Writ petition | Filed by the company against Dy. Commissioner of Customs (Arc), and 2 others | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Civil suit | Filed by the company against individuals | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Civil suit | Filed by the company against an individual | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (S S) | Filed by the company against Newland Laboratories Ltd. and Ors. | Disposed |
To see the full case history of Akin 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
Akin Chemicals Private Limited was last rated by Indiarating on 27 Dec 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Indiarating | 27 Dec 2021 |
To see the full credit ratings and regulatory alerts of Akin Chemicals Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Akin Chemicals Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Akin Chemicals Private Limited has a workforce of 48 employees on its EPFO records as of Sep 18, 2024, across 1 active EPFO establishment.
GST
Akin Chemicals has 6 GST registrations: 5 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCA4152E1Z3 | Maharashtra | Active | 01 Jul 2017 |
| 27AACCA4152E2Z2 | Maharashtra | Active | 15 Jan 2018 |
| 24AACCA4152E1Z9 | Gujarat | Active | 01 Jul 2017 |
| 36AACCA4152E1Z4 | Telangana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Akin Chemicals Private Limited, buy the company report.
Recent activity
Akin Chemicals Private Limited has 6 board changes on record since 1998: 3 appointments and 3 cessations. The latest: Dushyant Mahesh Somani was appointed as Director on 21 Nov 2022.
33 earlier events are in the company report.
Frequently asked questions
Akin Chemicals is an active private limited company based in Mumbai, Maharashtra, India. The company works in chemical distribution and retail, within the chemicals and materials industry. It was incorporated on 29 July 1997 (29+ years old) and is registered under CIN U51496MH1997PTC109677.
Akin Chemicals has 3 current directors:
- Dushyant Mahesh Somani - Director
- Vishal Somani - Director
- Rajesh Kumar Tapuriah - Director
The latest financial statements of Akin Chemicals 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 GSTIN of Akin Chemicals is 27AACCA4152E1Z3, registered in Maharashtra. The company has 6 GST registrations in all, of which 5 are active and 1 is cancelled or inactive. Other active GSTINs include 27AACCA4152E2Z2 (Maharashtra), 24AACCA4152E1Z9 (Gujarat), 36AACCA4152E1Z4 (Telangana).
The CIN (Corporate Identification Number) of Akin Chemicals is U51496MH1997PTC109677. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Akin Chemicals has 6 court cases on record: 5 filed by the company and 1 filed against it. Most are in the district courts.
Akin Chemicals was incorporated on 29 July 1997, making it 29+ years old. It is registered with the Registrar of Companies, Mumbai.
Akin Chemicals has 10 deals on record (9 secondary share transfers, 1 funding round), with disclosed funding of ₹1.3 Cr; the latest was in March 2023.
Dushyant Mahesh Somani was appointed as Director on 21 Nov 2022. Manjushree Somani ceased to be Additional Director on 30 Nov 2021. Sevantilal Jivanlal Parekh ceased to be Director on 27 Mar 2020. Akin Chemicals has 6 board changes on record in total.
Akin Chemicals can be reached through the website akinchemicals.com. Its registered office is in Mumbai, Maharashtra, India.
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