Akin Chemicals Private Limited - Company Profile

It is a chemicals and materials private limited company based in Mumbai, Maharashtra, India, established in 1997.
1997 Mumbai, Maharashtra, India Active
Last Updated:
About Akin Chemicals Private Limited

Akin Chemicals Private Limited, a active private limited company, was established on 29 July 1997 in Mumbai, Maharashtra, India. Engaging in chemical distribution & retail within the manufacturing sector, it holds CIN: U51496MH1997PTC109677. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹1.55 Cr and a paid-up capital of ₹1.50 Cr.

It upholds a compliant status. Employing 48 professional, Its leadership includes Dushyant Mahesh Somani (Director), Vishal Somani (Director), Rajesh Kumar Tapuriah (Director). Past directors included Sevantilal Jivanlal Parekh, Dushyant Mahesh Somani, Manjushree Somani. It holds ₹260.00 Cr open charges and ₹71.75 Cr settled loans. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at Jash Chambers 5Th Floorsir P M Road Fort, Mumbai, Maharashtra, 400001.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
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  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U51496MH1997PTC109677

  • Registration Number

    109677

  • Incorporation Date

    29 July 1997

  • Authorized Capital

    ₹1.55 Cr

  • Paid-Up Capital

    ₹1.50 Cr

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 1.55 Cr
  • Paid Up Capital ₹ 1.50 Cr
  • Company Age 28 Year, 7 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 260.00 Cr
  • Satisfied Charges ₹ 71.75 Cr
  • Revenue Growth **** 9.73%
  • Profit Growth **** -44.01%
  • Ebitda **** -30.66%
  • Net Worth 17.10%
  • Total Assets **** 17.72%
Company report

Akin Chemicals Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Akin Chemicals Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Akin Chemicals Private Limited?
Current Directors
Name Designation Appointment Date Status
Dushyant Mahesh Somani Director 21 Nov 2022 Current
Vishal Somani Director 23 Apr 2003 Current
Rajesh Kumar Tapuriah Director 01 Jul 1998 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 27 Mar 2020 Past
Pramod Abcsdd Additional Director 29 Sep 2023 Past
Pramod Abcsdd Additional Director 30 Nov 2021 Past
Pramod Abcsdd Director 15 Nov 2009 Past

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Financial Performance of Akin Chemicals.

Akin Chemicals Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 9.73% increase. The company also saw a substantial fall in profitability, with a 44.01% decrease in profit. The company's net worth Soared by an impressive increase of 17.1%.

Akin Chemicals revenue growth over time
Akin Chemicals profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
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9.73%
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Revenue from Operations
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10.42%
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Total Assets
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17.72%
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Profit or Loss
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-44.01%
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Net Worth
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17.10%
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EBITDA
*******
-30.66%
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*******
*******
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What is the Ownership and Shareholding Structure of Akin Chemicals?

In 2023, Akin Chemicals had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹2,600,000,000.00

Satisfied Charges

₹717,500,000.00

Charges Breakdown by Lending Institutions
  • Others : 100.00 Cr
  • Citi Bank N.A. : 75.00 Cr
  • The Hongkong And Shanghai Banking Corporation Limited : 50.00 Cr
  • Standard Chartered Bank : 35.00 Cr
Latest Charge Details
Date Lender Amount Status
30 Dec 2024 Citi Bank N.A. ₹75.00 Cr Open
03 Jun 2019 The Hongkong And Shanghai Banking Corporation Limited ₹50.00 Cr Open
19 Mar 2019 Standard Chartered Bank ₹35.00 Cr Open
30 Mar 2011 Others ₹50.00 Cr Open
29 Mar 2006 Others ₹25.00 Cr Open

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How Many Employees Work at Akin Chemicals?

Akin Chemicals has a workforce of 48 employees as of Sep 18, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Akin Chemicals, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Akin Chemicals's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Akin Chemicals
Recent Activity within the Organization
  • Charges

    A charge with Others of Rs. 25.00 Cr registered on 29 Mar 2006 with Charge ID 80047295 was modified on 11 Nov 2025. was recorded as a recent event.

  • Charges

    Progress on A charge with Others of Rs. 25.00 Cr registered on 14 May 2003 with Charge ID 80008146 was modified on 11 Nov 2025. was documented.

  • Annual General Meeting

    The activity Akin Chemicals Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was completed.

  • Charges

    Progress on A charge with Citi Bank N.A. of Rs. 75.00 Cr registered on 30 Dec 2024 with Charge ID 101040118 was modified on 28 Aug 2025. was documented.

  • Charges

    A charge with Others of Rs. 50.00 Cr registered on 30 Mar 2011 with Charge ID 10283152 was modified on 30 Jun 2025. was recorded as a recent event.

  • Charges

    The activity A charge with Standard Chartered Bank of Rs. 35.00 Cr registered on 19 Mar 2019 with Charge ID 100253458 was modified on 08 May 2025. was completed.

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Frequently Asked Questions
What is the CIN of Akin Chemicals Private Limited?

The CIN of Akin Chemicals Private Limited is U51496MH1997PTC109677.

Where is Akin Chemicals Private Limited headquartered?

Akin Chemicals Private Limited is headquartered at Jash Chambers 5Th Floorsir P M Road Fort, Mumbai, Maharashtra, 400001.

When was Akin Chemicals Private Limited incorporated?

Akin Chemicals Private Limited was incorporated on 29 July 1997.

Who are the current directors of Akin Chemicals Private Limited?

The current directors of Akin Chemicals Private Limited are

What is the primary industry of Akin Chemicals Private Limited?

The primary industry of Akin Chemicals Private Limited is Manufacturing.

Is Akin Chemicals Private Limited a listed company?

Akin Chemicals Private Limited is unlisted.

What is the capital structure of Akin Chemicals Private Limited?

The authorized capital of Akin Chemicals Private Limited is ₹1.55 Cr, and the paid-up capital is ₹1.50 Cr.

What is the compliance status of Akin Chemicals Private Limited?

The compliance status of Akin Chemicals Private Limited is Compliant.

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