MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-01-0017143
Asichem Industries Private Limited
Asichem Industries Private Limited - plastics in Mehmdabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹43.99 Lakh
▼ 87% YoY
Net loss · FY 2024
₹19.68 Lakh
Net margin -44.7%
EBITDA · FY 2024
-₹15.28 Lakh
EBITDA margin -34.7%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
6 yrs
Est. 2020
Directors on board
3
As per MCA filings
Active GSTINs
1
GST registered
About Asichem Industries Private Limited
Data last updated:
Asichem Industries Private Limited is a private limited company based in Mehmdabad, Gujarat, India. It operates in the manufacturing segment of the plastics and polymers sector. It was incorporated on 25 February 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U25209GJ2020PTC112932. Its GSTIN is 24AATCA3471B1ZU (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Alpeshkumar Anilbhai Desai and Govinda Modi.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 3 – B Kalpana Society Mehmdabad, Gujarat, India – 387130.
As per the financials filed for FY 2024, the company reported a revenue of ₹43.99 Lakh, a decline of 87% compared to the previous year. For the same year it recorded a net loss of ₹19.68 Lakh (net margin -44.7%) and EBITDA of -₹15.28 Lakh (EBITDA margin -34.7%). Revenue has declined at a compounded annual rate (CAGR) of 28% over three years.
Asichem Industries Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0017143).
Company details
CIN U25209GJ2020PTC112932
Registration Number 112932
Incorporation Date 25 February 2020
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
MSME Classification Micro
Udyam Registration UDYAM-GJ-01-0017143
Key People
Alpeshkumar Anilbhai Desai Director Govinda Modi Director Nimisha Desai Alpeshkumar Director Recognitions & Rankings of Asichem Industries
Contact details
Asichem Industries Private Limited's registered office is in Mehmdabad, Gujarat. Its e-mail address is in the company report.
- Email
- Registered Address3 – B Kalpana Society Mehmdabad, Gujarat, India – 387130
- IndustryPlastics, Manufacturing, Pvc, Plastic, Tank, Synthetic
To see the full contact details of Asichem Industries Private Limited, buy the company report.
Comprehensive company report
Asichem Industries Private Limited - one report that includes everything
- 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
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Business activity
The main business activity of Asichem Industries is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of Asichem Industries Private Limited, buy the company report.
Financials of Asichem Industries Private Limited
FY 2024 filings availableAsichem Industries Private Limited reported revenue of ₹43.99 Lakh (down 87% YoY) for FY 2024.
Revenue · FY 2024
₹43.99 Lakh ▼ 87%
Net loss · FY 2024
₹19.68 Lakh margin -44.7%
EBITDA · FY 2024
-₹15.28 Lakh margin -34.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 87%
3 years · compounded
▼ 28%
EBITDA CAGR growth
1 year
▲ 18%
3 years · compounded
▼ 100%
Revenue has declined at a compounded annual rate (CAGR) of 28% over three years, including a 87% fall in the latest year. EBITDA rose 18% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Total Expenses | |||||
| EBITDA | -₹15.28 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹19.68 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -34.7% | ||||
| Net Profit Margin | -44.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Quick Ratio | |||||
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| 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 Asichem Industries Private Limited, buy the company report.
Board of directors of Asichem Industries Private Limited
Asichem Industries has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Alpeshkumar Anilbhai Desai Also directs: Sure Vinyl Private Limited | Director | 25 Feb 2020 | 6 Years 8 Months | Current |
| Govinda Modi Also directs: Sure Vinyl Private Limited | Director | 25 Feb 2020 | 6 Years 8 Months | Current |
| Nimisha Desai Alpeshkumar Also directs: Sure Vinyl Private Limited | Director | 25 Feb 2020 | 6 Years 8 Months | Current |
Peer comparison
Asichem Industries Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ecopat Industries Private Limited | ₹44.22 Lakh (FY 2025) | 27.0% | Thrissur, Kerala, India | |||
| Designers Pavings & Tiles Private Limited | ₹44.16 Lakh (FY 2025) | -84.0% | Bangalore, Karnataka, India | |||
| Shree Shubh Laxmi Polyplast Private Limited | ₹44.14 Lakh (FY 2024) | -60.0% | Jaipur, Rajasthan, India | |||
| Sarina Herbal Private Limited | ₹44.12 Lakh (FY 2022) | -36.0% | Rajkot, Gujarat, India | |||
| Nihon Rubber Private Limited | ₹44.02 Lakh (FY 2022) | -33.0% | New Delhi, Delhi, India | |||
| Asichem Industries Private Limitedthis company | ₹43.99 Lakh (FY 2024) | -₹19.68 Lakh | -44.7% | -87.0% | Mehmdabad, Gujarat, India | |
| Dolphin Impressions Private Limited | ₹43.9 Lakh (FY 2017) | -24.0% | Nashik, Maharashtra, India | |||
| Agglo Cork Private Limited | ₹43.89 Lakh (FY 2024) | 8.0% | Umbergaon, Gujarat, India | |||
| Ambika Hydro Carbons Private Limited | ₹43.89 Lakh (FY 2025) | 178.0% | Ambikapur, Chhattisgarh, India | |||
| Nilkanth Poly Plast Private Limited | ₹43.86 Lakh (FY 2024) | -93.0% | Ahmedabad, Gujarat, India | |||
| Sawitri Synthetics Private Limited | ₹43.81 Lakh (FY 2024) | -88.0% | 818 Gidc Ranoli, Gujarat, India |
To see the full peer comparison of Asichem Industries Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Asichem Industries 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 Asichem Industries Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Asichem Industries has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AATCA3471B1ZU | Gujarat | Active | 24 Mar 2020 |
To see the full GST registrations and return filing status of Asichem Industries Private Limited, buy the company report.
Recent activity
Asichem Industries Private Limited has 3 board changes on record since 2020: 3 appointments. The latest: Alpeshkumar Anilbhai Desai was appointed as Director on 25 Feb 2020.
AGM
Asichem Industries Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Asichem Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Appointed
Alpeshkumar Anilbhai Desai was appointed as Director.
Appointed
Govinda Modi was appointed as Director.
Appointed
Nimisha Desai Alpeshkumar was appointed as Director.
Incorporation
25 Feb 2020
Asichem Industries Private Limited was registered on 25 Feb 2020 with Roc Ahmedabad & aged 6 years 8 months as per MCA records.
Frequently asked questions
Asichem Industries is an active private limited company based in Mehmdabad, Gujarat, India. The company works in manufacturing, within the plastics industry. It was incorporated on 25 February 2020 (6+ years old) and is registered under CIN U25209GJ2020PTC112932.
Asichem Industries has 3 current directors:
- Alpeshkumar Anilbhai Desai - Director
- Govinda Modi - Director
- Nimisha Desai Alpeshkumar - Director
The latest financial statements of Asichem Industries on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Asichem Industries is 24AATCA3471B1ZU, registered in Gujarat.
The CIN (Corporate Identification Number) of Asichem Industries is U25209GJ2020PTC112932. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Asichem Industries was incorporated on 25 February 2020, making it 6+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Asichem Industries by revenue are Ecopat Industries Private Limited, Designers Pavings & Tiles Private Limited, Shree Shubh Laxmi Polyplast Private Limited, Sarina Herbal Private Limited, Nihon Rubber Private Limited and 5 more, all in the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Alpeshkumar Anilbhai Desai was appointed as Director on 25 Feb 2020. Govinda Modi was appointed as Director on 25 Feb 2020. Nimisha Desai Alpeshkumar was appointed as Director on 25 Feb 2020.
Yes, Asichem Industries is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-01-0017143).
The registered office of Asichem Industries is at 3 – B Kalpana Society Mehmdabad, Gujarat, India – 387130.
Asichem Industries operates in the plastics industry, in the manufacturing segment.
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