Ashish Synthetics Private Limited
About Ashish Synthetics Private Limited
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Ashish Synthetics Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the artificial fibres segment of the food and beverages sector. It was incorporated on 29 March 1988 and has been in existence for over 38 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24300MH1988PTC046797. Its GSTIN is 27AAACA5086F1ZS (Maharashtra).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹40.23 Lakh. It is led by directors Suryakant Mulji Parekh and Harishchandra Moolji Parekh.
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 4th Floor Navrattan Building 69 Pd Mello Road Musjid Bunder, Mumbai, Maharashtra, India – 400009.
As per the financials filed for FY 2022, the company reported a revenue of ₹75.04 Lakh, a growth of 19% compared to the previous year. For the same year it recorded a net profit of ₹44.66 Lakh (net margin 59.5%) and EBITDA of -₹17.19 Lakh (EBITDA margin -22.9%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 8% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Ashish Synthetics Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address4th Floor Navrattan Building 69 Pd Mello Road Musjid Bunder, Mumbai, Maharashtra, India – 400009
- IndustryFood And Beverages, Artificial Fibres, Manufacturing
To see the full contact details of Ashish Synthetics 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 Ashish Synthetics Private Limited
FY 2025 filings availableAshish Synthetics Private Limited reported revenue of ₹75.04 Lakh (up 19% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 8% over five years, including 19% growth 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹75.04 Lakh | ||||
| Cost of Materials Consumed | |||||
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| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹17.19 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹44.66 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -22.9% | ||||
| Net Profit Margin | 59.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Ashish Synthetics Private Limited, buy the company report.
Board of directors of Ashish Synthetics Private Limited
Ashish Synthetics has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Suryakant Mulji Parekh Also directs: Fundalogical Ventures Growth LLP, Apple Edibles and Logistics Private Limited, Progressive Waves Private Limited and 5 more | Director | 14 Dec 1992 | 33 Years 10 Months | Current |
| Harishchandra Moolji Parekh | Director | 14 Dec 1992 | 33 Years 10 Months | Current |
Auditor
Ashish Synthetics Private Limited is audited by V.K Beswal & Associates for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V.K Beswal & Associates | FY 2022 | 101083W |
Shareholding
The shareholding of Ashish Synthetics 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 Ashish Synthetics Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Ashish Synthetics Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Ashish Synthetics Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ashish Synthetics has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACA5086F1ZS | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ashish Synthetics Private Limited, buy the company report.
Recent activity
Ashish Synthetics Private Limited has 3 board changes on record since 1992: 2 appointments and 1 cessation. The latest: Liladhar Damodhar Parekh ceased to be Director on 19 Feb 2012.
Frequently asked questions
Ashish Synthetics is an active private limited company based in Mumbai, Maharashtra, India. The company works in artificial fibres, within the food and beverages industry. It was incorporated on 29 March 1988 (38+ years old) and is registered under CIN U24300MH1988PTC046797.
Ashish Synthetics has 2 current directors:
- Suryakant Mulji Parekh - Director
- Harishchandra Moolji Parekh - Director
The latest financial statements of Ashish Synthetics 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 Synthetics is 27AAACA5086F1ZS, registered in Maharashtra.
The CIN (Corporate Identification Number) of Ashish Synthetics is U24300MH1988PTC046797. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ashish Synthetics was incorporated on 29 March 1988, making it 38+ years old. It is registered with the Registrar of Companies, Mumbai.
Liladhar Damodhar Parekh ceased to be Director on 19 Feb 2012. Harishchandra Moolji Parekh was appointed as Director on 14 Dec 1992. Suryakant Mulji Parekh was appointed as Director on 14 Dec 1992.
The registered office of Ashish Synthetics is at 4th Floor Navrattan Building 69 Pd Mello Road Musjid Bunder, Mumbai, Maharashtra, India – 400009.
Ashish Synthetics operates in the food and beverages industry, in the artificial fibres segment.
The compliance status of Ashish Synthetics is compliant as of 25 September 2026. The company is actively filing with the Registrar of Companies.
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