About Asian Chemtech Private Limited
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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 1 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. Its 10 peer companies in the Metals and Minerals industry (Materials Retail and Distribution, Metal Retail and Distribution) are compared by revenue, 5 larger and 5 smaller; the largest is Shiv Shakti Steel Private Limited with revenue of ₹209.5 Cr. 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 with Asian Chemtech Private Limited
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 of Asian Chemtech Private Limited
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
Verified entity values are shown only after access is granted.
Financials of Asian Chemtech Private Limited FY 2025 filings available
Asian Chemtech Private Limited reported revenue of ₹206.77 Cr (down 23% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Asian Chemtech Private Limited
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 of Asian Chemtech Private Limited
| 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 | ₹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 of Asian Chemtech Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 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.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
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 1 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 |
Peer Comparison of Asian Chemtech Private Limited
Asian Chemtech Private Limited is compared with the companies closest to it by revenue in the Metals and Minerals industry (Materials Retail and Distribution, Metal Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shiv Shakti Steel Private Limited | ₹209.5 Cr (FY 2025) | •••• | •••• | 22.0% | •••• | Kolkata, West Bengal, India |
| Paul & Company Steel Merchants Private Limited | ₹209.28 Cr (FY 2025) | •••• | •••• | -3.0% | •••• | Kolkata, West Bengal, India |
| Uvs Steels Private Limited | ₹208.51 Cr (FY 2025) | •••• | •••• | 14.0% | •••• | Mumbai, Maharashtra, India |
| Navneeta Steels Private Limited | ₹208.44 Cr (FY 2015) | •••• | •••• | •••• | Hyderabad, Telangana, India | |
| Shree Bhikshu India Private Limited | ₹206.77 Cr (FY 2025) | •••• | •••• | 6.0% | •••• | Faridabad, Haryana, India |
| Asian Chemtech Private Limited this company | ₹206.77 Cr (FY 2025) | •••• | •••• | -23.0% | •••• | Mumbai, Maharashtra, India |
| NLB Steels Private Limited | ₹206.27 Cr (FY 2025) | •••• | •••• | -11.0% | •••• | Kolkata, West Bengal, India |
| S G Projects Private Limited | ₹206.16 Cr (FY 2025) | •••• | •••• | 49.0% | •••• | Kolkata, West Bengal, India |
| Bizfly Impex Private Limited | ₹206.13 Cr (FY 2021) | •••• | •••• | •••• | Ahmedabad, Gujarat, India | |
| Rajasthan Metals Private Limited | ₹205.75 Cr (FY 2025) | •••• | •••• | 32.0% | •••• | Delhi, India |
| Vignesh Iron and Steels India Private Limited | ₹205.25 Cr (FY 2025) | •••• | •••• | 6.0% | •••• | Coimbatore, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Asian Chemtech by revenue in the Metals and Minerals industry (Materials Retail and Distribution, Metal Retail and Distribution), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Asian Chemtech Private Limited
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 |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Asian Chemtech Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Asian Chemtech Private Limited
| 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 of Asian Chemtech Private Limited
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 |
Full deal history
All 2 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Asian Chemtech Private Limited
Asian Chemtech Private Limited has 4 court cases on record: 1 filed by Asian Chemtech, 1 filed against it, 2 where it is another party. All cases are disposed. Status as checked between 01 Oct 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 1 | 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 Additional Commissioner of Sales Tax (PT and AA) and 3 Ors | Disposed |
| High Court of Karnataka | Writ petition | Company is another party | Disposed |
Full case history
All 4 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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 by Asian Chemtech Private Limited
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 | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 2 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
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 at Asian Chemtech Private Limited
Employment history and EPFO contributions of people linked to Asian Chemtech.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Asian Chemtech Private Limited
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 for Asian Chemtech Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Asian Chemtech Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Asian Chemtech Private Limited
Asian Chemtech has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAICA1856B1ZY | Maharashtra | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Asian Chemtech Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Asian Chemtech Private Limited
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 reported revenue of ₹206.77 Cr for FY 2025 (down 23% YoY).
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
Asian Chemtech reported a net profit of ₹2.48 Cr (net margin 1.2%) and EBITDA of ₹10.29 Cr (EBITDA margin 5%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Asian Chemtech is -9% over three years and 3% over five years. In the latest year (FY 2025) revenue fell 23%. CAGR is the steady yearly rate that links the first and the last year.
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 1 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.
The peers of Asian Chemtech by revenue are Shiv Shakti Steel Private Limited, Paul & Company Steel Merchants Private Limited, Uvs Steels Private Limited, Navneeta Steels Private Limited, Shree Bhikshu India Private Limited and 5 more, all in the Metals and Minerals industry (Materials Retail and Distribution, Metal Retail and Distribution).
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.