- 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.
Company details
Recognitions & Rankings of Asv Multichemie
Contact details
Asv Multichemie Private Limited's registered office is in Raigad, Maharashtra. Its website is asvmultichemie.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- 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
To see the full contact details of Asv Multichemie Private Limited, buy the company report.
- 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
Business activity
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 | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products |
To see the full business activity and turnover split of Asv Multichemie Private Limited, buy the company report.
Financials of Asv Multichemie Private Limited
FY 2025 filings availableAsv Multichemie Private Limited reported revenue of ₹15.69 Cr (up 34% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹63.52 Lakh | ||||
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| Net Profit (PAT) | ₹37.45 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 4% | ||||
| Net Profit Margin | 2.4% | ||||
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To see the full financial statements and ratios of Asv Multichemie Private Limited, buy the company report.
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
Asv Multichemie Private Limited is compared with the 5 companies closest to it by revenue in the Chemicals industry (Petrochemicals, Specialty Chemicals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| 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 | |||
| Dura Build Care Private Limited | ₹15.74 Cr (FY 2024) | -3.0% | New Delhi, Delhi, India | |||
| Asv Multichemie Private Limitedthis company | ₹15.69 Cr (FY 2024) | ₹37.45 Lakh | 2.4% | 34.0% | 14 | Raigad, 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 |
To see the full peer comparison of Asv Multichemie Private Limited, buy the company report.
Auditor
Asv Multichemie Private Limited is audited by MM & Co. LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MM & Co. LLP | FY 2023 | 128594W/W100123 |
Shareholding
The shareholding of Asv Multichemie Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Asv Multichemie Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Asv Multichemie 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 Asv Multichemie Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Asv Multichemie Private Limited has a workforce of 14 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Asv Multichemie has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAHCA5208J1ZO | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Asv Multichemie Private Limited, buy the company report.
Recent activity
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.
Frequently asked questions
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 has 2 current directors:
- Ritesh Rashmikant Shah - Director
- Priyesh Rashmikant Shah - Director
The latest financial statements of Asv Multichemie 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 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 Orient Packagings Limited, Bioguru Enzyme Private Limited, Dura Build Care Private Limited, Subh Resins and Fuels Pvt. Ltd, Anroma Texchem Private Limited, all in the Chemicals industry (Petrochemicals, Specialty Chemicals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
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).
Asv Multichemie can be reached through the website asvmultichemie.com. Its registered office is in Raigad, Maharashtra, India.
The registered office of Asv Multichemie is at E – 14 Additional Patalganga MIDC Area Karade Budruk Taluka Panvel, Raigad, Maharashtra, India – 410208.