- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-18-0046111

About Ashish Interchem Private Limited
Data last updated:
Ashish Interchem Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the specialty chemicals segment of the chemicals and materials sector. It was incorporated on 14 June 1989 and has been in existence for over 37 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24114MH1989PTC052182. Its GSTIN is 27AAACA6063A1Z7 (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹35 Lakh and a paid-up capital of ₹35 Lakh. It was formerly known as Ashish Sulphur Dyes Private Limited. It is led by directors including Hanuman Prasad Chouthmal Banka and Siddharth Hanuman Banka.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹14.61 Cr, a decline of 19% compared to the previous year. For the same year it recorded a net loss of ₹42.49 Lakh (net margin -2.9%) and EBITDA of -₹9.26 Lakh (EBITDA margin -0.6%). Revenue has declined at a compounded annual rate (CAGR) of 29% over three years and 12% over five years.
The company has about 18 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹1.5 Cr and satisfied charges of ₹12.66 Cr on record. Court records list 3 cases involving the company, including 3 filed by the company.
Ashish Interchem Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0046111). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ashishdyechem.com.
Company details
Recognitions & Rankings of Ashish Interchem
Contact details
Ashish Interchem Private Limited's registered office is in Mumbai, Maharashtra. Its website is ashishdyechem.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address420 4th Floor Laxmi Plaza Laxmi Indl. Estate New Link Road Andhe, Ri (West), Mumbai, Maharashtra, India – 400053
- IndustryChemicals and Materials, Specialty Chemicals
To see the full contact details of Ashish Interchem 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
Business activity
The main business activity of Ashish Interchem 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 Ashish Interchem Private Limited, buy the company report.
Financials of Ashish Interchem Private Limited
FY 2025 filings availableAshish Interchem Private Limited reported revenue of ₹14.61 Cr (down 19% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 12% over five years, including a 19% fall in the latest year. EBITDA rose 2% 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 | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹9.26 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹42.49 Lakh | ||||
| 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -0.6% | ||||
| Net Profit Margin | -2.9% | ||||
| 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 Ashish Interchem Private Limited, buy the company report.
Board of directors of Ashish Interchem Private Limited
Ashish Interchem has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hanuman Prasad Chouthmal Banka | Director | 01 Feb 1996 | 30 Years 8 Months | Current |
| Siddharth Hanuman Banka Also directs: Shree Shivshankar Drugs and Pharmaceuticals Pvt Ltd | Director | 01 Nov 2002 | 23 Years 11 Months | Current |
| Premsukh Norangarai Agarwal Also directs: Ashish Dye Chem and Textiles Processors Private Limited | Director | 14 Jun 1989 | 37 Years 4 Months | Current |
Peer comparison
Ashish Interchem Private Limited is compared with the 4 companies closest to it by revenue in the Chemicals industry (Medical and Laboratory Equipment, Specialty Chemicals), 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 |
|---|---|---|---|---|---|---|
| Star Specialties Polymers Private Limited | ₹14.66 Cr (FY 2024) | -13.0% | Daman, Daman and Diu, India | |||
| Supreme Silicones India Private Limited | ₹14.65 Cr (FY 2025) | 18.0% | Aurangabad, Maharashtra, India | |||
| Ashish Interchem Private Limitedthis company | ₹14.61 Cr (FY 2025) | -₹42.49 Lakh | -2.9% | -19.0% | 18 | Mumbai, Maharashtra, India |
| Durgapur Chemicals Ltd | ₹14.58 Cr (FY 2025) | 1.0% | Kolkata, West Bengal, India | |||
| Avi Healthcare Private Limited | ₹14.51 Cr (FY 2024) | 1.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Ashish Interchem Private Limited, buy the company report.
Auditor
Ashish Interchem Private Limited is audited by V.K. BESWAL & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V.K. BESWAL & ASSOCIATES | FY 2023 | 101083W |
Shareholding
The shareholding of Ashish Interchem 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 Ashish Interchem Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Feb 2017 | 100108593 | Axis Bank Limited | ₹1.5 Cr | Open | |
| 21 Nov 2007 | 10079858 | Central Bank of India | ₹1.63 Cr | Satisfied | |
| 13 Sep 2001 | 90219805 | Central Bank of India | ₹25 Lakh | Satisfied | |
| 22 May 2001 | 90219797 | Central Bank of India | ₹38 Lakh | Satisfied | |
| 03 Jul 2000 | 90219768 | Central Bank of India | ₹40 Lakh | Satisfied |
To see the full charge records of Ashish Interchem Private Limited, buy the company report.
Total charge records: 9 View all charges
Legal cases
Ashish Interchem Private Limited has 3 court cases on record: 3 filed by Ashish Interchem. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 0 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed by the company against SMZS Chemicals Limited | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Civil suit | Filed by the company against Ms Bhansali Organic Pvt Ltd and 5 others | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Civil suit | Filed by the company against Ms. Kemtta Inc., | Disposed |
To see the full case history of Ashish Interchem 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
No delayed payments to MSME suppliers are on our record for Ashish Interchem Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Ashish Interchem Private Limited has a workforce of 18 employees on its EPFO records as of Mar 27, 2024, across 1 active EPFO establishment.
GST
Ashish Interchem has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACA6063A1Z7 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ashish Interchem Private Limited, buy the company report.
Recent activity
Ashish Interchem Private Limited has 5 board changes on record since 1989: 3 appointments and 2 cessations. The latest: Raujesh Premsukh Agarrwal ceased to be Director on 19 Feb 2013.
17 earlier events are in the company report.
Frequently asked questions
Ashish Interchem is an active private limited company based in Mumbai, Maharashtra, India. The company works in specialty chemicals, within the chemicals and materials industry. It was incorporated on 14 June 1989 (37+ years old) and is registered under CIN U24114MH1989PTC052182.
Ashish Interchem has 3 current directors:
- Hanuman Prasad Chouthmal Banka - Director
- Siddharth Hanuman Banka - Director
- Premsukh Norangarai Agarwal - Director
The latest financial statements of Ashish Interchem 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 Ashish Interchem is 27AAACA6063A1Z7, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Ashish Interchem is U24114MH1989PTC052182. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ashish Interchem has 3 court cases on record: 3 filed by the company.
Ashish Interchem was incorporated on 14 June 1989, making it 37+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Ashish Interchem by revenue are Star Specialties Polymers Private Limited, Supreme Silicones India Private Limited, Durgapur Chemicals Ltd, Avi Healthcare Private Limited, all in the Chemicals industry (Medical and Laboratory Equipment, Specialty Chemicals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Raujesh Premsukh Agarrwal ceased to be Director on 19 Feb 2013. Sudesh Lata Banka ceased to be Director on 10 Aug 2007. Siddharth Hanuman Banka was appointed as Director on 01 Nov 2002. Ashish Interchem has 5 board changes on record in total.
Yes, Ashish Interchem is registered as a small enterprise under Udyam registration (number: UDYAM-MH-18-0046111).
Ashish Interchem can be reached through the website ashishdyechem.com. Its registered office is in Mumbai, Maharashtra, India.