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Atvantic Finechem Private Limited - chemicals and materials in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹67.17 Cr
▲ 757% YoY
Net loss · FY 2025
₹5.09 Cr
Net margin -7.6%
EBITDA · FY 2025
₹16.31 Cr
EBITDA margin 24.3%
Authorised capital
₹2 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹465.14 Cr
Secured borrowings
Company age
6 yrs
Est. 2020
Employees · EPFO
142
Provident fund records
About Atvantic Finechem Private Limited
Data last updated:
Atvantic Finechem Private Limited is a private limited company based in Ahmedabad, Gujarat, India, recognised as a startup by DPIIT. It operates in the specialty chemicals segment of the chemicals and materials sector. It was incorporated on 10 June 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24239GJ2020PTC113886. Its GSTIN is 24AATCA5410E1ZX (Gujarat).
The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Himansu Pravinkumar Bhalodia and Nevil Pravinbhai Patel.
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 Ahmedabad, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹67.17 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹5.09 Cr (net margin -7.6%) and EBITDA of ₹16.31 Cr (EBITDA margin 24.3%).
The company has about 142 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Atvantic Finechem. As per MCA filings, the company has open charges of ₹465.14 Cr on record. Court records list 1 case involving the company, including 1 filed against it; 1 case is pending.
Atvantic Finechem Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-GJ-06-0006087). For more details, the company can be reached via its website atvanticfinechem.com.
Company details
CIN U24239GJ2020PTC113886
Registration Number 113886
Incorporation Date 10 June 2020
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
DPIIT Recognition Recognised Startup
MSME Classification MSME
Udyam Registration UDYAM-GJ-06-0006087
Key People
Himansu Pravinkumar Bhalodia Director Nevil Pravinbhai Patel Director Sandhya Maulik Patel Director Recognitions & Rankings of Atvantic Finechem
MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-GJ-06-0006087
Contact details
Atvantic Finechem Private Limited's registered office is in Ahmedabad, Gujarat. Its website is atvanticfinechem.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address43 Jmc House R Sulabh Shanti Aprt. Opp. Chhadawad Chowki Parimal Garden A, Mbawadi, Ahmedabad, Gujarat, India – 380006
- IndustryChemicals and Materials, Specialty Chemicals
To see the full contact details of Atvantic Finechem Private Limited, buy the company report.
Comprehensive company report
Atvantic Finechem 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
Atvantic Finechem operates one associated brand: Atvantic Finechem. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Specialty chemical production and supply in India. | atvanticfinechem.com |
Business activity
The main business activity of Atvantic Finechem 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 Atvantic Finechem Private Limited, buy the company report.
Financials of Atvantic Finechem Private Limited
FY 2025 filings availableAtvantic Finechem Private Limited reported revenue of ₹67.17 Cr (up 757% YoY) for FY 2025.
Revenue · FY 2025
₹67.17 Cr ▲ 757%
Net loss · FY 2025
₹5.09 Cr margin -7.6%
EBITDA · FY 2025
₹16.31 Cr margin 24.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 757%
EBITDA CAGR growth
1 year
▲ 317%
3 years · compounded
▲ 231%
Revenue rose 757% in the latest year. EBITDA rose 317% 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 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 | ₹16.31 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹5.09 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 24.3% | ||||
| Net Profit Margin | -7.6% | ||||
| 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 Atvantic Finechem Private Limited, buy the company report.
Board of directors of Atvantic Finechem Private Limited
Atvantic Finechem has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Himansu Pravinkumar Bhalodia Also directs: Ajanta LLP | Director | 10 Jun 2020 | 6 Years 5 Months | Current |
| Nevil Pravinbhai Patel Also directs: Ajanta LLP, Orpat Industries Private Limited, Rewa Projects Private Limited and 1 more | Director | 10 Jun 2020 | 6 Years 5 Months | Current |
| Sandhya Maulik Patel Also directs: Varmora Granito Limited, Hester Biosciences Limited | Director | 10 Jun 2020 | 6 Years 5 Months | Current |
Peer comparison
Atvantic Finechem Private Limited is compared with the 7 companies closest to it by revenue in the Chemicals industry (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 |
|---|---|---|---|---|---|---|
| Vipul Chemicals (India) Private Limited | ₹67.72 Cr (FY 2025) | 20.0% | Navi Mumbai, Maharashtra, India | |||
| Island Veer Chemie Pvt Ltd | ₹67.51 Cr (FY 2024) | -16.0% | Hyderabad, Telangana, India | |||
| Nakoda Chemicals Ltd | ₹67.34 Cr (FY 2025) | 25.0% | Hyderabad, Telangana, India | |||
| Sunfrio Chemicals Private Limited | ₹67.34 Cr (FY 2025) | 268.0% | Ahmedabad, Gujarat, India | |||
| Atvantic Finechem Private Limitedthis company | ₹67.17 Cr (FY 2025) | -₹5.09 Cr | -7.6% | 757.0% | 142 | Ahmedabad, Gujarat, India |
| Brominenoble Chemtech Private Limited | ₹67.01 Cr (FY 2025) | 102.0% | Hyderabad, Telangana, India | |||
| Dynarx Technology (India) Limited | ₹65.35 Cr (FY 2024) | 10.0% | Bangalore, Karnataka, India | |||
| Nano Tech Chemical Brothers Private Limited | ₹65.07 Cr (FY 2024) | -14.0% | Ludhiana, Punjab, India |
To see the full peer comparison of Atvantic Finechem Private Limited, buy the company report.
Auditor
Atvantic Finechem Private Limited is audited by M B D & Co LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M B D & Co LLP | FY 2023 | 129674 |
Shareholding
The shareholding of Atvantic Finechem Private Limited is on record for 3 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 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Atvantic Finechem Private Limited, buy the company report.
Charges & borrowings
Open charges
₹465.14 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Jul 2023 | 100756037 | Hdfc Bank Limited | ₹45 Cr | Open | |
| 20 Apr 2022 | 100571619 | Hdfc Bank Limited | ₹420 Cr | Open | |
| 12 Jul 2021 | 100477235 | Hdfc Bank Limited | ₹14.19 Lakh | Open |
To see the full charge records of Atvantic Finechem Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Atvantic Finechem Private Limited has 1 court case on record: 1 filed against it. All case is pending.
Total cases
1
Filed against the company
1
Pending
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, SURAT, Gujarat | Commercial matter | Filed against the company by Velox Automation Pvt Ltd | Pending |
To see the full case history of Atvantic Finechem Private Limited, buy the company report.
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
No delayed payments to MSME suppliers are on our record for Atvantic Finechem Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Atvantic Finechem Private Limited has a workforce of 142 employees on its EPFO records as of May 2026, across 2 active EPFO establishments.
Employee count
142
Active EPFO establishments
2
Employee growth
21.4%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 142 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 |
To see the full employee and EPFO history of Atvantic Finechem Private Limited, buy the company report.
GST
Atvantic Finechem has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AATCA5410E1ZX | Gujarat | Active | 20 Aug 2020 |
To see the full GST registrations and return filing status of Atvantic Finechem Private Limited, buy the company report.
Recent activity
Atvantic Finechem Private Limited has 9 board changes on record since 2020: 6 appointments and 3 cessations. The latest: Maulik Jayantibhai Patel ceased to be Director on 15 Feb 2023.
AGM
Atvantic Finechem Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Atvantic Finechem Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 4,500.00 Lakh with Charge ID 100756037 was registered on 21 Jul 2023.
Ceased
Maulik Jayantibhai Patel ceased to be Director.
Charges
A charge with Hdfc Bank Limited of Rs. 42,000.00 Lakh registered on 20 Apr 2022 with Charge ID 100571619 was modified on 05 Jan 2023.
Ceased
Pravinkumar Odhavjibhai Bhalodia ceased to be Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 42,000.00 Lakh with Charge ID 100571619 was registered on 20 Apr 2022.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 14.19 Lakh with Charge ID 100477235 was registered on 12 Jul 2021.
Appointed
Maulik Jayantibhai Patel was appointed as Director.
Ceased
Umesh Mavjibhai Mendapara ceased to be Director.
Appointed
Himansu Pravinkumar Bhalodia was appointed as Director.
Appointed
Nevil Pravinbhai Patel was appointed as Director.
4 earlier events are in the company report.
Frequently asked questions
Atvantic Finechem is an active private limited company based in Ahmedabad, Gujarat, India. The company works in specialty chemicals, within the chemicals and materials industry. It was incorporated on 10 June 2020 (6+ years old) and is registered under CIN U24239GJ2020PTC113886.
Atvantic Finechem has 3 current directors:
- Himansu Pravinkumar Bhalodia - Director
- Nevil Pravinbhai Patel - Director
- Sandhya Maulik Patel - Director
The latest financial statements of Atvantic Finechem 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 FY 2021 are in the company report.
The GSTIN of Atvantic Finechem is 24AATCA5410E1ZX, registered in Gujarat.
The CIN (Corporate Identification Number) of Atvantic Finechem is U24239GJ2020PTC113886. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Atvantic Finechem has 1 court case on record: 1 filed against it. 1 is pending.
Atvantic Finechem was incorporated on 10 June 2020, making it 6+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Atvantic Finechem by revenue are Vipul Chemicals (India) Private Limited, Island Veer Chemie Pvt Ltd, Nakoda Chemicals Ltd, Sunfrio Chemicals Private Limited, Brominenoble Chemtech Private Limited and 2 more, all in the Chemicals industry (Specialty Chemicals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Maulik Jayantibhai Patel ceased to be Director on 15 Feb 2023. Pravinkumar Odhavjibhai Bhalodia ceased to be Director on 25 Apr 2022. Maulik Jayantibhai Patel was appointed as Director on 12 Dec 2020. Atvantic Finechem has 9 board changes on record in total.
Yes, Atvantic Finechem is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Atvantic Finechem is registered as an MSME under Udyam registration (number: UDYAM-GJ-06-0006087).
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