Associated Electrochemicals Private Limited

Associated Electrochemicals Private Limited - musical instruments in Bahadurgarh, Haryana, India. FY 2026 financials & compliance.
CIN U25200HR2010PTC068505 Incorporated 03 December 2010 ROC Delhi HQ Bahadurgarh, Haryana, India
Active Private Limited Company musical instruments MSME · Medium
Data last updated
Revenue · FY 2023
₹176.79 Cr
▲ 26% YoY
Net profit · FY 2023
₹5.56 Cr
Net margin 3.1%
EBITDA · FY 2023
₹17.38 Cr
EBITDA margin 9.8%
Authorised capital
₹10 Cr
Registered with MCA
Paid-up capital
₹81.53 Lakh
Issued & subscribed
Open charges
₹95.06 Cr
Satisfied ₹12.1 Cr
Company age
16 yrs
Est. 2010
Employees · EPFO
32
Provident fund records

About Associated Electrochemicals Private Limited

Data last updated:

Associated Electrochemicals Private Limited is a private limited company based in Bahadurgarh, Haryana, India. It operates in the jewellery segment of the musical instruments sector. It was incorporated on 03 December 2010 and has been in existence for over 16 years.

The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U25200HR2010PTC068505. Its GSTIN is 06AAFCR0329D1ZU (Haryana). The company holds 6 GST registrations, of which 5 are active.

The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹81.53 Lakh. It was formerly known as Rd Membranes Private Limited. It is led by directors Rakesh Mittal and Dolly Mittal.

Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Plot No.172 Sector – 16 Hsiidc, Bahadurgarh, Haryana, India – 124507.

As per the financials filed for FY 2023, the company reported a revenue of ₹176.79 Cr, a growth of 26% compared to the previous year. For the same year it recorded a net profit of ₹5.56 Cr (net margin 3.1%) and EBITDA of ₹17.38 Cr (EBITDA margin 9.8%).

The company has about 32 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.

The company is associated with 1 brand: Tuffgard. As per MCA filings, the company has open charges of ₹95.06 Cr and satisfied charges of ₹12.1 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company; 1 case is pending. The company has 8 deals on record (6 secondary share transfers, 1 funding round, 1 rights issue), with disclosed funding of ₹80 Lakh; the latest was in March 2022. The company has 14 MSME Form 1 returns on record between 2019 and 2024, listing 420 overdue payments to 26 micro and small suppliers.

Associated Electrochemicals Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-HR-07-0000210). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website tuffgard.in.

Company details

CIN U25200HR2010PTC068505
Registration Number 068505
Incorporation Date 03 December 2010
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-HR-07-0000210

CIN history

Associated Electrochemicals has one previous CIN (Corporate Identification Number): U25200DL2010PTC211059. The current CIN is U25200HR2010PTC068505, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U25200HR2010PTC068505Current
U25200DL2010PTC211059Previous
Key People
Rakesh Mittal Director Dolly Mittal Director

Recognitions & Rankings of Associated Electrochemicals

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-HR-07-0000210

Contact details

Associated Electrochemicals Private Limited's registered office is in Bahadurgarh, Haryana. Its website is tuffgard.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    tuffgard.in
  • Registered Address
    Plot No.172 Sector – 16 Hsiidc, Bahadurgarh, Haryana, India – 124507
  • Industry
    Musical Instruments, Jewellery, Musical Instrument, Manufacturing, Sports Goods

To see the full contact details of Associated Electrochemicals Private Limited, buy the company report.

Comprehensive company report
Associated Electrochemicals 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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Brands

Associated Electrochemicals operates one associated brand: Tuffgard. Each brand links to its own profile.

BrandDescriptionWebsite
Tuffgard
PE battery separators are manufactured and supplied by Tuffgard for industrial and specialty uses in India.tuffgard.in

Financials of Associated Electrochemicals Private Limited

FY 2024 filings available

Associated Electrochemicals Private Limited reported revenue of ₹176.79 Cr (up 26% YoY) for FY 2023.

Revenue · FY 2023
₹176.79 Cr ▲ 26%
Net profit · FY 2023
₹5.56 Cr margin 3.1%
EBITDA · FY 2023
₹17.38 Cr margin 9.8%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 26%
EBITDA CAGR growth
1 year
▲ 30%

Revenue rose 26% in the latest year. EBITDA rose 30% in the latest year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
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₹17.38 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹5.56 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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
EBITDA Margin9.8%
Net Profit Margin3.1%
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 Associated Electrochemicals Private Limited, buy the company report.

Board of directors of Associated Electrochemicals Private Limited

Associated Electrochemicals has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Rakesh Mittal
Also directs: Kado Rentals LLP, Vastupal Management Services LLP, Hillrise Projects LLP and 5 more
Director03 Dec 201015 Years 11 MonthsCurrent
Dolly Mittal
Also directs: Vastupal Management Services LLP, Kinergy Ventures LLP, Moldcor Overseas LLP and 5 more
Director03 Dec 201015 Years 11 MonthsCurrent
View all directors

Auditor

Associated Electrochemicals Private Limited is audited by JSG & Associates for the financial year 2023.

Auditor firmFinancial yearFirm registration number
JSG & AssociatesFY 2023025358N

Shareholding

The shareholding of Associated Electrochemicals 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 categoryFY 2022FY 2021FY 2020FY 2019FY 2018
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Associated Electrochemicals Private Limited, buy the company report.

Charges & borrowings

Open charges
₹95.06 Cr
Satisfied charges
₹12.1 Cr
Breakdown by lending institutions
The Hongkong and Shanghai Banking Corporation Limited₹67.52 Cr
Others₹27.20 Cr
Hdfc Bank Limited₹0.33 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
07 Nov 2023100815842The Hongkong and Shanghai Banking Corporation Limited₹10 CrOpen
01 Jun 2023100755358Hdfc Bank Limited₹32.85 LakhOpen
27 Apr 2021100452814Others₹4 CrOpen
18 Mar 2021100429518Others₹19.95 CrOpen
18 Mar 2021100429525Others₹3.25 CrOpen

To see the full charge records of Associated Electrochemicals Private Limited, buy the company report.

Total charge records: 9 View all charges

Deals & funding

Associated Electrochemicals Private Limited has 8 deals on record (6 secondary share transfers, 1 funding round, 1 rights issue), with disclosed funding of ₹80 Lakh; the latest was in March 2022.

Total deals
8
Secondary share transfers
6
Funding round
1
Rights issue
1
Disclosed funding
₹80 Lakh

Deals on record (5 of 8)

WhenDealAmountParties
Mar 2022Secondary share transferUndisclosedBuyer: Rakesh Mittal and Sons
Seller: an individual
Jul 2020Secondary share transferUndisclosedBuyer: Rakesh Mittal and Sons, Vastupal Management Services LLP
Seller: Associated Battery Products Private Limited , an individual
Mar 2018Secondary share transferUndisclosedBuyer: 2 individuals
Seller: Associated Battery Products Private Limited , an individual
Jun 2017Rights issue₹2.7 CrInvestors: Associated Battery Products Private Limited
Mar 2017Funding round₹80 LakhInvestors: Associated Battery Products Private Limited

To see the full deal history of Associated Electrochemicals Private Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

Associated Electrochemicals Private Limited has 14 MSME Form 1 returns on record between 2019 and 2024, listing 420 overdue payments to 26 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 (5 of 26)

SupplierAmount dueDue sinceReported on
Metal Cans Company
Nis Marketing Private Limited
Umbrella Accounts and Taxation Private Limited
Da Packaging Private Limited
Bright Citi-Tech

To see the full MSME payment records of Associated Electrochemicals Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Group structure & subsidiaries

Associated Electrochemicals has 1 subsidiary company. This group structure data is as of FY 2022. The table lists each entity with its relationship and holding.

1
Subsidiary companies
Key subsidiaries
Company NameCINShares held
Tuffgard Separators Private LimitedU36999HR2020PTC088448

To see the full group structure of Associated Electrochemicals Private Limited, buy the company report.

Employees & EPFO

Associated Electrochemicals Private Limited has a workforce of 32 employees on its EPFO records as of Apr 07, 2024, across 2 active EPFO establishments.

Employee count
32
Active EPFO establishments
2
Employee growth
-8.57%

GST

Associated Electrochemicals has 6 GST registrations: 5 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.

Total GSTINs
6
Active
5
Cancelled / inactive
1
GSTINStateStatusRegistered on
06AAFCR0329D1ZUHaryanaActive01 Jul 2017
07AAFCR0329D1ZSDelhiActive01 Jul 2017
19AAFCR0329D1ZNWest BengalActive01 Jul 2017
08AAFCR0329D1ZQRajasthanActive14 Nov 2020

To see the full GST registrations and return filing status of Associated Electrochemicals Private Limited, buy the company report.

Recent activity

Associated Electrochemicals Private Limited has 3 board changes on record since 2010: 2 appointments and 1 cessation. The latest: Anuj Kumar Batra ceased to be Director on 28 Mar 2015.

Charges
A charge with The Hongkong And Shanghai Banking Corporation Limited of Rs. 55.72 Cr registered on 18 Aug 2020 with Charge ID 100360145 was modified on 17 Dec 2025.
AGM
Associated Electrochemicals Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Others of Rs. 19.95 Cr registered on 18 Mar 2021 with Charge ID 100429518 was modified on 01 May 2025.
Filing
Associated Electrochemicals Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.
Charges
A charge with The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 10.00 Cr with Charge ID 100815842 was registered on 07 Nov 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.33 Cr with Charge ID 100755358 was registered on 01 Jun 2023.
Charges
A charge with The Hongkong And Shanghai Banking Corporation Limited of Rs. 1.80 Cr registered on 18 Aug 2020 with Charge ID 100360149 was modified on 23 Feb 2023.
Charges
A charge registered on 28 Sep 2016 via Charge ID 100055212 with Others was fully satisfied on 09 May 2022.
Charges
A charge with Others of Rs. 3.25 Cr registered on 18 Mar 2021 with Charge ID 100429525 was modified on 07 Mar 2022.
Charges
A charge with Others of Rs. 4.00 Cr registered on 27 Apr 2021 with Charge ID 100452814 was modified on 17 Sep 2021.
Charges
A charge registered on 27 Mar 2018 via Charge ID 100168035 with Axis Bank Limited was fully satisfied on 04 Aug 2021.
Charges
A charge with Others amounted to Rs. 4.00 Cr with Charge ID 100452814 was registered on 27 Apr 2021.

11 earlier events are in the company report.

Frequently asked questions

Associated Electrochemicals is an active private limited company based in Bahadurgarh, Haryana, India. The company works in jewellery, within the musical instruments industry. It was incorporated on 03 December 2010 (16+ years old) and is registered under CIN U25200HR2010PTC068505.

Associated Electrochemicals has 2 current directors:

The latest financial statements of Associated Electrochemicals on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Associated Electrochemicals is 06AAFCR0329D1ZU, registered in Haryana. The company has 6 GST registrations in all, of which 5 are active and 1 is cancelled or inactive. Other active GSTINs include 07AAFCR0329D1ZS (Delhi), 19AAFCR0329D1ZN (West Bengal), 08AAFCR0329D1ZQ (Rajasthan).

The CIN (Corporate Identification Number) of Associated Electrochemicals is U25200HR2010PTC068505. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Associated Electrochemicals has 2 court cases on record: 2 filed by the company. 1 is pending.

Associated Electrochemicals was incorporated on 03 December 2010, making it 16+ years old. It is registered with the Registrar of Companies, Delhi.

Associated Electrochemicals has 8 deals on record (6 secondary share transfers, 1 funding round, 1 rights issue), with disclosed funding of ₹80 Lakh; the latest was in March 2022.

Anuj Kumar Batra ceased to be Director on 28 Mar 2015. Dolly Mittal was appointed as Director on 03 Dec 2010. Rakesh Mittal was appointed as Director on 03 Dec 2010.

Yes, Associated Electrochemicals is registered as a medium enterprise under Udyam registration (number: UDYAM-HR-07-0000210).

Associated Electrochemicals has 14 MSME Form 1 returns on record between 2019 and 2024, listing 420 overdue payments to 26 micro and small suppliers. The latest return was filed on 27 Apr 2024.