- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-27-0002900

About Asv Multichemie Private Limited
Data last updated:
Asv Multichemie Private Limited is a private limited company based in Raigad, Maharashtra, India. It operates in the petrochemicals and derivatives segment of the chemicals and materials sector. It was incorporated on 20 January 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24100MH2009PTC189716. Its GSTIN is 27AAHCA5208J1ZO (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Ritesh Rashmikant Shah and Priyesh Rashmikant Shah.
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 E – 14 Additional Patalganga MIDC Area Karade Budruk Taluka Panvel, Raigad, Maharashtra, India – 410208.
As per the financials filed for FY 2024, the company reported a revenue of ₹15.69 Cr, a growth of 34% compared to the previous year. For the same year it recorded a net profit of ₹37.45 Lakh (net margin 2.4%) and EBITDA of ₹63.52 Lakh (EBITDA margin 4%). Revenue has grown at a compounded annual rate (CAGR) of 32% over three years and 18% over five years.
The company has about 14 employees on its provident fund (EPFO) records.
Asv Multichemie Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-27-0002900). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website asvmultichemie.com.
Recognitions & Rankings of Asv Multichemie
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressE – 14 Additional Patalganga MIDC Area Karade Budruk Taluka Panvel, Raigad, Maharashtra, India – 410208
- IndustryChemicals and Materials, Petrochemicals & Derivatives, Specialty Chemicals
- 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
Business Activity of Asv Multichemie Private Limited
The main business activity of Asv Multichemie 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 Asv Multichemie Private Limited FY 2025 filings available
Asv Multichemie Private Limited reported revenue of ₹15.69 Cr (up 34% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Asv Multichemie Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 18% over five years, including 34% growth in the latest year. EBITDA rose 34% 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 Asv Multichemie Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹63.52 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹37.45 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 of Asv Multichemie Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 2.4% | •••• | •••• | •••• | •••• |
| 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 Asv Multichemie 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 Asv Multichemie Private Limited
Asv Multichemie has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ritesh Rashmikant Shah Also directs: KRL Technologies LLP | Director | 20 Jan 2009 | 17 Years 9 Months | Current |
| Priyesh Rashmikant Shah Also directs: KRL Technologies LLP | Director | 20 Jan 2009 | 17 Years 9 Months | Current |
Peer Comparison of Asv Multichemie Private Limited
Asv Multichemie Private Limited is compared with the companies closest to it by revenue in the Chemicals industry (Petrochemicals, Specialty Chemicals). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Akos Kem Private Limited | ₹15.86 Cr (FY 2024) | •••• | •••• | 26.0% | •••• | Krishna Nagar, Delhi, India |
| Orient Packagings Limited | ₹15.84 Cr (FY 2025) | •••• | •••• | -4.0% | •••• | New Delhi, Delhi, India |
| Bioguru Enzyme Private Limited | ₹15.83 Cr (FY 2024) | •••• | •••• | -10.0% | •••• | Puducherry, India |
| Parashnath Polypack Pvt Ltd | ₹15.82 Cr (FY 2025) | •••• | •••• | -9.0% | •••• | Kolkata, West Bengal, India |
| Dura Build Care Private Limited | ₹15.74 Cr (FY 2024) | •••• | •••• | -3.0% | •••• | New Delhi, Delhi, India |
| Asv Multichemie Private Limited this company | ₹15.69 Cr (FY 2024) | •••• | •••• | 34.0% | •••• | Raigad, Maharashtra, India |
| Aaron Fine Industries Private Limited | ₹15.66 Cr (FY 2025) | •••• | •••• | -10.0% | •••• | Thane, Maharashtra, India |
| Exsan Industries Private Limited | ₹15.63 Cr (FY 2025) | •••• | •••• | -15.0% | •••• | Vashi, Maharashtra, India |
| BNBL Specialities (India) Private Limited | ₹15.62 Cr (FY 2025) | •••• | •••• | 24.0% | •••• | Mumbai, Maharashtra, India |
| Subh Resins and Fuels Pvt. Ltd. | ₹15.58 Cr (FY 2025) | •••• | •••• | 22.0% | •••• | Telangana, India |
| Anroma Texchem Private Limited | ₹15.54 Cr (FY 2024) | •••• | •••• | -4.0% | •••• | Ahmedabad, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Asv Multichemie by revenue in the Chemicals industry (Petrochemicals, Specialty Chemicals), 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 Asv Multichemie Private Limited
Asv Multichemie Private Limited is audited by MM & Co. LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| MM & Co. LLP | 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 Asv Multichemie 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 Asv Multichemie Private Limited
Asv Multichemie Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Asv Multichemie Private Limited
Asv Multichemie Private Limited has a workforce of 14 employees as of Apr 06, 2024.
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 Asv Multichemie Private Limited
Asv Multichemie Private Limited has 5 board changes on record since 2009: 2 appointments and 3 cessations. The latest: Hiten Dhirajlal Jangla ceased to be Director on 03 May 2018.
Credit Ratings, Litigation & Regulatory Alerts for Asv Multichemie 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.
MSME Payment Delays by Asv Multichemie Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Asv Multichemie 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 Asv Multichemie Private Limited
Asv Multichemie has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAHCA5208J1ZO | 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 Asv Multichemie 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 Asv Multichemie Private Limited
Asv Multichemie is an active private limited company based in Raigad, Maharashtra, India. The company works in petrochemicals and derivatives, within the chemicals and materials industry. It was incorporated on 20 January 2009 (17+ years old) and is registered under CIN U24100MH2009PTC189716.
Asv Multichemie reported revenue of ₹15.69 Cr for FY 2024 (up 34% YoY).
Asv Multichemie has 2 current directors:
- Ritesh Rashmikant Shah - Director
- Priyesh Rashmikant Shah - Director
Asv Multichemie reported a net profit of ₹37.45 Lakh (net margin 2.4%) and EBITDA of ₹63.52 Lakh (EBITDA margin 4%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Asv Multichemie is 32% over three years and 18% over five years. In the latest year (FY 2024) revenue rose 34%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Asv Multichemie is 27AAHCA5208J1ZO, registered in Maharashtra.
The CIN (Corporate Identification Number) of Asv Multichemie is U24100MH2009PTC189716. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Asv Multichemie was incorporated on 20 January 2009, making it 17+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Asv Multichemie by revenue are Akos Kem Private Limited, Orient Packagings Limited, Bioguru Enzyme Private Limited, Parashnath Polypack Pvt Ltd, Dura Build Care Private Limited and 5 more, all in the Chemicals industry (Petrochemicals, Specialty Chemicals).
Hiten Dhirajlal Jangla ceased to be Director on 03 May 2018. Falguni Jainesh Vora ceased to be Additional Director on 13 Dec 2011. Jainesh Nalin Vora ceased to be Additional Director on 13 Dec 2011. Asv Multichemie has 5 board changes on record in total.
Yes, Asv Multichemie is registered as a small enterprise under Udyam registration (number: UDYAM-MH-27-0002900).