- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-26-0071187

About Arihant Lubricants Private Limited
Data last updated:
Arihant Lubricants Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the petrochemicals and derivatives segment of the chemicals and materials sector. It was incorporated on 12 September 1990 and has been in existence for over 36 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U23201MH1990PTC058131. Its GSTIN is 27AABCA4734H1ZU (Maharashtra).
The company has an authorised share capital of ₹2.25 Cr and a paid-up capital of ₹2.08 Cr. It is led by directors Ritesh Mahendra Vasa (Whole-Time Director) and Avani Ritesh Vasa.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Unit No 207 2nd Floor Power Plaza Lane No.7 Plot No 373 Koregaon Park, Pune, Maharashtra, India – 411001.
As per the financials filed for FY 2025, the company reported a revenue of ₹126.4 Cr, a decline of 10% compared to the previous year. For the same year it recorded a net profit of ₹1.93 Cr (net margin 1.5%) and EBITDA of ₹5.24 Cr (EBITDA margin 4.1%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 14% over five years.
The company has about 77 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹47.04 Cr and satisfied charges of ₹5.44 Cr on record. Court records list 5 cases involving the company, including 1 filed by the company and 4 filed against it; 2 cases are pending. The company has 8 deals on record (5 secondary share transfers, 2 funding rounds, 1 rights issue), with disclosed funding of ₹30 Lakh; the latest was in March 2025. Its 8 peer companies in the Chemicals industry (Lubricants, Petrochemicals), with the same principal business activity (coke and refined petroleum products) are compared by revenue, 4 larger and 4 smaller; the largest is Raaj Unocal Lubricants Limited with revenue of ₹128.74 Cr. The company has 2 MSME Form 1 returns on record for the period ending Mar 2023, listing 2 overdue payments to 1 micro and small supplier.
Arihant Lubricants Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0071187). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website avasaindia.net.
Company details
Recognitions & Rankings of Arihant Lubricants
Contact details
Arihant Lubricants Private Limited's registered office is in Pune, Maharashtra. Its website is avasaindia.net. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressUnit No 207 2nd Floor Power Plaza Lane No.7 Plot No 373 Koregaon Park, Pune, Maharashtra, India – 411001
- IndustryChemicals and Materials, Petrochemicals & Derivatives
To see the full contact details of Arihant Lubricants 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
Financials of Arihant Lubricants Private Limited
FY 2024 filings availableArihant Lubricants Private Limited reported revenue of ₹126.4 Cr (down 10% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 10% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 14%. EBITDA fell 9% 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 | ₹5.24 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.93 Cr | ||||
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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 | 4.1% | ||||
| Net Profit Margin | 1.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Arihant Lubricants Private Limited, buy the company report.
Board of directors of Arihant Lubricants Private Limited
Arihant Lubricants has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ritesh Mahendra Vasa Also directs: Prima Star LLP | Whole-Time Director | 29 Apr 1994 | 32 Years 6 Months | Current |
| Avani Ritesh Vasa Also directs: Cares Family Ventures LLP | Director | 18 Feb 2016 | 10 Years 8 Months | Current |
Peer comparison
Arihant Lubricants Private Limited is compared with the 8 companies closest to it by revenue in the Chemicals industry (Lubricants, Petrochemicals), with the same principal business activity (coke and refined petroleum products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Raaj Unocal Lubricants Limited | ₹128.74 Cr (FY 2024) | 10.0% | New Delhi, Delhi, India | |||
| Stanlubes and Specialities (India) Pvt Ltd | ₹128.69 Cr (FY 2025) | 3.0% | Mumbai, Maharashtra, India | |||
| Avi-Oil India Private Limited | ₹128.13 Cr (FY 2025) | 46.0% | New Delhi, Delhi, India | |||
| Anand Engineers Private Limited | ₹127.95 Cr (FY 2025) | 8.0% | Mumbai, Maharashtra, India | |||
| Arihant Lubricants Private Limitedthis company | ₹126.4 Cr (FY 2025) | ₹1.93 Cr | 1.5% | -10.0% | 77 | Pune, Maharashtra, India |
| Winstrol Petro Chemicals Pvt Ltd | ₹125.73 Cr (FY 2023) | 8.0% | New Delhi, Delhi, India | |||
| Swastik Oil Products Manufacturing Navsari Private Limited | ₹125.46 Cr (FY 2025) | 45.0% | Mumbai, Maharashtra, India | |||
| D. A. Stuart India Private Limited | ₹120.45 Cr (FY 2024) | -1.0% | Kolkata, West Bengal, India | |||
| Mahesh Edible Oil Mills Private Limited | ₹118.69 Cr (FY 2025) | -2.0% | Delhi, India |
To see the full peer comparison of Arihant Lubricants Private Limited, buy the company report.
Auditor
Arihant Lubricants Private Limited is audited by A S Padhye & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A S Padhye & Associates | FY 2023 | 129000W |
Shareholding
The shareholding of Arihant Lubricants 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 Arihant Lubricants Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 May 2025 | 101089299 | Others | ₹2.66 Cr | Open | |
| 30 May 2024 | 100928333 | Others | ₹5.66 Cr | Open | |
| 30 Sep 2023 | 100793512 | Others | ₹3.25 Cr | Open | |
| 11 Apr 2023 | 100706413 | Others | ₹2.75 Cr | Open | |
| 09 Nov 2021 | 100497254 | Others | ₹10 Cr | Open |
To see the full charge records of Arihant Lubricants Private Limited, buy the company report.
Total charge records: 14 View all charges
Deals & funding
Arihant Lubricants Private Limited has 8 deals on record (5 secondary share transfers, 2 funding rounds, 1 rights issue), with disclosed funding of ₹30 Lakh; the latest was in March 2025.
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2025 | Rights issue | ₹1.93 Cr | Investors: 2 individuals |
| Aug 2023 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: 2 individuals |
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
| Sep 2017 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2017 | Secondary share transfer | Undisclosed | Seller: 3 individuals |
To see the full deal history of Arihant Lubricants 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
Arihant Lubricants Private Limited has 5 court cases on record: 1 filed by Arihant Lubricants, 4 filed against it. 2 cases are pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 2 | 2 |
| High courts | 2 | 2 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Civil suit | Filed by the company against M/S. A and A Associates Through Aarti Trehan | Pending |
| District court, Jalandhar, Punjab | Civil suit | Filed against the company by M/S A and A Associates | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed against the company by an individual | Disposed |
| Bombay High Court | Court case (APPLN) | Filed against the company by an individual | Disposed |
| Bombay High Court | Court case (APPLN) | Filed against the company by an individual | Disposed |
To see the full case history of Arihant Lubricants 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.
MSME payment delays
Arihant Lubricants Private Limited has 2 MSME Form 1 returns on record for the period ending Mar 2023, listing 2 overdue payments 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 |
|---|---|---|---|
| Anil Bulk Movers India Private Limited |
To see the full MSME payment records of Arihant Lubricants Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Arihant Lubricants Private Limited has a workforce of 77 employees on its EPFO records as of Apr 03, 2024, across 1 active EPFO establishment.
GST
Arihant Lubricants has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCA4734H1ZU | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Arihant Lubricants Private Limited, buy the company report.
Recent activity
Arihant Lubricants Private Limited has 4 board changes on record since 1994: 2 appointments and 2 cessations. The latest: Avani Ritesh Vasa was appointed as Director on 18 Feb 2016.
27 earlier events are in the company report.
Frequently asked questions
Arihant Lubricants is an active private limited company based in Pune, Maharashtra, India. The company works in petrochemicals and derivatives, within the chemicals and materials industry. It was incorporated on 12 September 1990 (36+ years old) and is registered under CIN U23201MH1990PTC058131.
Arihant Lubricants has 2 current directors:
- Ritesh Mahendra Vasa - Whole-Time Director
- Avani Ritesh Vasa - Director
The latest financial statements of Arihant Lubricants on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Arihant Lubricants is 27AABCA4734H1ZU, registered in Maharashtra.
The CIN (Corporate Identification Number) of Arihant Lubricants is U23201MH1990PTC058131. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Arihant Lubricants has 5 court cases on record: 1 filed by the company and 4 filed against it. 2 are pending. Most are in the district courts.
Arihant Lubricants was incorporated on 12 September 1990, making it 36+ years old. It is registered with the Registrar of Companies, Pune.
Arihant Lubricants has 8 deals on record (5 secondary share transfers, 2 funding rounds, 1 rights issue), with disclosed funding of ₹30 Lakh; the latest was in March 2025.
The peers of Arihant Lubricants by revenue are Raaj Unocal Lubricants Limited, Stanlubes and Specialities (India) Pvt Ltd, Avi-Oil India Private Limited, Anand Engineers Private Limited, Winstrol Petro Chemicals Pvt Ltd and 3 more, all in the Chemicals industry (Lubricants, Petrochemicals), with the same principal business activity (coke and refined petroleum products).
Avani Ritesh Vasa was appointed as Director on 18 Feb 2016. Mahendra Mulchand Vasa ceased to be Director on 02 Dec 2010. Ritesh Mahendra Vasa ceased to be Director on 02 Dec 2010. Arihant Lubricants has 4 board changes on record in total.
Yes, Arihant Lubricants is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-26-0071187).
Arihant Lubricants has 2 MSME Form 1 returns on record for the period ending Mar 2023, listing 2 overdue payments to 1 micro and small supplier. The latest return was filed on 29 Aug 2023.

