About Asian Chemtech Private Limited
Data last updated:
Asian Chemtech Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the metals retail and distribution segment of the metals and mining sector. It was incorporated on 18 January 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24290MH2010PTC199016. Its GSTIN is 27AAICA1856B1ZY (Maharashtra).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹75 Lakh. It is led by directors including Vipul Harshad Parekh and Nidhi Nikhil 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 Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹206.77 Cr, a decline of 23% compared to the previous year. For the same year it recorded a net profit of ₹2.48 Cr (net margin 1.2%) and EBITDA of ₹10.29 Cr (EBITDA margin 5%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years and 3% over five years.
The company is associated with 1 brand: The Asian Group. As per MCA filings, the company has open charges of ₹33.5 Cr and satisfied charges of ₹37 Cr on record. Court records list 4 cases involving the company, including 1 filed by the company and 3 filed against it. The company has 2 deals on record (2 funding rounds), with disclosed funding of ₹2.66 Cr; the latest was in October 2011. The company has 2 MSME Form 1 returns on record between 2019 and 2022, listing 7 overdue payments to 3 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website asiangroup.co.in.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address201 Symphony Nehru Road, Near Sathaye College Stop, Mumbai, Maharashtra, India – 400057
- IndustryMetals and Minerals, Metal Retail & Distribution, Materials Retail & Distribution
- 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
- One PDF report, delivered after checkout
Associated Brands
Asian Chemtech operates one associated brand: The Asian Group. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures & exporters of plastic thermoware & houseware products | asian-group.com |
Business Activity
The main business activity of Asian Chemtech is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Financials of Asian Chemtech Private Limited
FY 2025 filings availableAsian Chemtech Private Limited reported revenue of ₹206.77 Cr (down 23% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 23% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 3%. EBITDA rose 38% 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 2020-21 to FY 2023-24in the company report |
|---|---|---|
| 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 | ₹10.29 Cr | |
| Profit Before Tax | •••• | |
| Tax Expense | •••• | |
| Net Profit (PAT) | ₹2.48 Cr | |
| 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 2020-21 to FY 2023-24in the company report |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 5% | |
| Net Profit Margin | 1.2% | |
| 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 | •••• | |
Paid data: the figures shown as dots, and every line for FY 2020-21 to FY 2023-24, are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Asian Chemtech are in the company report.
: available in the company report
Board of Directors of Asian Chemtech Private Limited
Asian Chemtech has 10 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vipul Harshad Parekh | Director | 18 Jan 2010 | 16 Years 9 Months | Current |
| Nidhi Nikhil Parekh | Director | 22 Aug 2015 | 11 Years 2 Months | Current |
| Pankaj Harshad Parekh | Director | 30 Sep 2011 | 15 Years 0 Months | Current |
| Kartik Prakash Parekh | Director | 18 Jan 2010 | 16 Years 9 Months | Current |
| Namrata Pankaj Parekh | Director | 23 Jul 2015 | 11 Years 2 Months | Current |
| Hetal Vipul Parekh | Director | 23 Jul 2015 | 11 Years 2 Months | Current |
Auditor Details
Asian Chemtech Private Limited is audited by CHETAN MEHTA & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| CHETAN MEHTA & ASSOCIATES | Locked | Locked | Locked |
: available in the company report
Ownership and Shareholding
: available in the company report
Charges & Borrowings
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 Aug 2013 | Hdfc Bank Limited | ₹33.5 Cr | Open |
| 01 Sep 2014 | Hdfc Bank Limited | ₹23 Cr | Satisfied |
| 26 Aug 2010 | Standard Chartered Bank | ₹14 Cr | Satisfied |
Total charge records: 3 View all charges
Deals & Funding
Asian Chemtech Private Limited has 2 deals on record (2 funding rounds), with disclosed funding of ₹2.66 Cr; the latest was in October 2011.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2011 | Funding round | ₹2.4 Cr | Investors: 4 individuals |
| Dec 2010 | Funding round | ₹26 Lakh | Investors: 2 individuals |
: available in the company report
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases
Asian Chemtech Private Limited has 4 court cases on record: 1 filed by Asian Chemtech, 3 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 3 | 0 |
Cases on record (3 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Tax appeal | Filed against the company by Pr.Commissioner of Income Tax-9,Mumbai | Disposed |
| Bombay High Court | Writ petition | Filed by the company against The Additional Commissioner of Sales Tax (PT and AA) and 3 Ors. | Disposed |
| High Court of Karnataka | Writ petition | Filed against the company | Disposed |
: available in 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
Asian Chemtech Private Limited has 2 MSME Form 1 returns on record between 2019 and 2022, listing 7 overdue payments to 3 micro and small suppliers. 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 (3 of 3)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | •••• | •••• | •••• |
| Bhairav Metals | •••• | •••• | •••• |
| Zaveri Brothers Silver Platers Private Limited | •••• | •••• | •••• |
: available in the company report
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance
Employment history and EPFO contributions of people linked to Asian Chemtech.
: available in the company report
Recent Activity
Asian Chemtech Private Limited has 17 board changes on record since 2010: 10 appointments and 7 cessations. The latest: Hetal Vipul Parekh ceased to be Additional Director on 30 Sep 2015.
15 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts
: available in the company report
Subsidiaries & Group Companies
: available in the company report
GST Compliance
Asian Chemtech has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAICA1856B1ZY | Maharashtra | Active | 01 Jul 2017 |
: available in the company report
MCA Filings & Documents
: available in the company report
Frequently Asked Questions
Asian Chemtech is an active private limited company based in Mumbai, Maharashtra, India. The company works in metal retail and distribution, within the metals and minerals industry. It was incorporated on 18 January 2010 (16+ years old) and is registered under CIN U24290MH2010PTC199016.
Asian Chemtech has 10 current directors:
- Vipul Harshad Parekh - Director
- Nidhi Nikhil Parekh - Director
- Pankaj Harshad Parekh - Director
- Kartik Prakash Parekh - Director
- Namrata Pankaj Parekh - Director
- Hetal Vipul Parekh - Director
- Prakash Jayantilal Parekh - Director
- Madhuben Prakash Parekh - Director
- Ilaben Harshad Parekh - Director
- Nikhil Prakash Parekh - Director
The latest financial statements of Asian Chemtech 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 Asian Chemtech is 27AAICA1856B1ZY, registered in Maharashtra.
The CIN (Corporate Identification Number) of Asian Chemtech is U24290MH2010PTC199016. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Asian Chemtech has 4 court cases on record: 1 filed by the company and 3 filed against it.
Asian Chemtech was incorporated on 18 January 2010, making it 16+ years old. It is registered with the Registrar of Companies, Mumbai.
Asian Chemtech has 2 deals on record (2 funding rounds), with disclosed funding of ₹2.66 Cr; the latest was in October 2011.
Hetal Vipul Parekh ceased to be Additional Director on 30 Sep 2015. Ilaben Harshad Parekh ceased to be Additional Director on 30 Sep 2015. Khushbu Kartik Parekh ceased to be Additional Director on 30 Sep 2015. Asian Chemtech has 17 board changes on record in total.
Asian Chemtech has 2 MSME Form 1 returns on record between 2019 and 2022, listing 7 overdue payments to 3 micro and small suppliers. The latest return was filed on 30 Apr 2022.
Asian Chemtech can be reached through the website asiangroup.co.in. Its registered office is in Mumbai, Maharashtra, India.