- Category
- Micro (2021-22)
- Udyam number
- UDYAM-MH-19-0134853

Ashtech Speciality Chemicals Private Limited
About Ashtech Speciality Chemicals Private Limited
Data last updated:
Ashtech Speciality Chemicals Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 11 March 2022.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24110MH2022PTC378351. Its GSTIN is 27AAWCA6537D1ZC (Maharashtra).
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Satish Hanumanprasad Mandhania and Sanjay Hanumanprasad Mandhania.
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 9 Foolr – 9th Plot – Cs 249 Ashford Centre Shankarrao Naram Marg Lower Parel, Mumbai, Maharashtra, India – 400013.
As per the financials filed for FY 2023, the company reported a revenue of ₹1.57 Cr. For the same year it recorded a net profit of ₹3.4 Lakh (net margin 2.2%) and EBITDA of ₹8.1 Lakh (EBITDA margin 5.1%).
Ashtech Speciality Chemicals Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0134853).
Company details
Recognitions & Rankings of Ashtech Speciality Chemicals
Contact details
Ashtech Speciality Chemicals Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address9 Foolr – 9th Plot – Cs 249 Ashford Centre Shankarrao Naram Marg Lower Parel, Mumbai, Maharashtra, India – 400013
- IndustryPharma, Drug Formulation & Development
To see the full contact details of Ashtech Speciality 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
Financials of Ashtech Speciality Chemicals Private Limited
FY 2025 filings availableAshtech Speciality Chemicals Private Limited reported revenue of ₹1.57 Cr for FY 2023.
Financial Statement Summary
| Metrics | FY 2022-23 | FY 2021-22 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ₹1.57 Cr | |
| Other Income | ||
| Total Revenue | ||
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹8.1 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹3.4 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 2022-23 | FY 2021-22 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 5.1% | |
| Net Profit Margin | 2.2% | |
| 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 Ashtech Speciality Chemicals Private Limited, buy the company report.
Board of directors of Ashtech Speciality Chemicals Private Limited
Ashtech Speciality Chemicals 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 |
|---|---|---|---|---|
| Satish Hanumanprasad Mandhania Also directs: Ashtech A to Z Exim LLP, Ashtech Technologies Private Limited, Shivdayal Dwellers Private Limited and 5 more | Director | 11 Mar 2022 | 4 Years 7 Months | Current |
| Sanjay Hanumanprasad Mandhania Also directs: Ashtech Technologies Private Limited, Kasturi Nagesh Pai and Co Pvt Ltd, Oracle Finex Ltd. and 2 more | Director | 11 Mar 2022 | 4 Years 7 Months | Current |
Auditor
Ashtech Speciality Chemicals Private Limited is audited by ASHOK J SHAH & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ASHOK J SHAH & ASSOCIATES | FY 2023 | 100654W |
Legal cases
No court or tribunal cases involving Ashtech Speciality Chemicals 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 Ashtech Speciality Chemicals Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Ashtech Speciality Chemicals Private Limited has 1 active EPFO establishment as of Apr 01, 2024.
GST
Ashtech Speciality Chemicals has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAWCA6537D1ZC | Maharashtra | Active | 11 Apr 2022 |
To see the full GST registrations and return filing status of Ashtech Speciality Chemicals Private Limited, buy the company report.
Recent activity
Ashtech Speciality Chemicals Private Limited has 3 board changes on record since 2022: 2 appointments and 1 cessation. The latest: Bankat Hanumanprasad Mandhania ceased to be Director on 14 Sep 2023.
Frequently asked questions
Ashtech Speciality Chemicals is an active private limited company based in Mumbai, Maharashtra, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 11 March 2022 (4+ years old) and is registered under CIN U24110MH2022PTC378351.
Ashtech Speciality Chemicals has 2 current directors:
- Satish Hanumanprasad Mandhania - Director
- Sanjay Hanumanprasad Mandhania - Director
The latest financial statements of Ashtech Speciality 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 FY 2022 are in the company report.
The GSTIN of Ashtech Speciality Chemicals is 27AAWCA6537D1ZC, registered in Maharashtra.
The CIN (Corporate Identification Number) of Ashtech Speciality Chemicals is U24110MH2022PTC378351. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ashtech Speciality Chemicals was incorporated on 11 March 2022, making it 4+ years old. It is registered with the Registrar of Companies, Mumbai.
Bankat Hanumanprasad Mandhania ceased to be Director on 14 Sep 2023. Sanjay Hanumanprasad Mandhania was appointed as Director on 11 Mar 2022. Satish Hanumanprasad Mandhania was appointed as Director on 11 Mar 2022.
Yes, Ashtech Speciality Chemicals is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-19-0134853).
The registered office of Ashtech Speciality Chemicals is at 9 Foolr – 9th Plot – Cs 249 Ashford Centre Shankarrao Naram Marg Lower Parel, Mumbai, Maharashtra, India – 400013.
Ashtech Speciality Chemicals operates in the pharma industry, in the drug formulation and development segment.

