About Avh Polychem Private Limited
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Avh Polychem Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the wholesale distribution segment of the trading and commerce sector. It was incorporated on 17 June 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24100MH2009PTC193361. Its GSTIN is 27AAHCA8513A1Z1 (Maharashtra). The company holds 6 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It is led by directors including Jwalin Bipinchandra Gandhi and Rutvij Bipinchandra Gandhi.
Its last annual general meeting (AGM) was held on 15 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹549.26 Cr, a growth of 4% compared to the previous year. For the same year it recorded a net profit of ₹7.88 Cr (net margin 1.4%) and EBITDA of ₹12.89 Cr (EBITDA margin 2.3%).
The company has about 4 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹70.56 Cr and satisfied charges of ₹26.6 Cr on record. Court records list 6 cases involving the company, including 6 filed by the company; 2 cases are pending. The company has 4 deals on record (3 funding rounds, 1 secondary share transfer), with disclosed funding of ₹99 Lakh; the latest was in January 2016. Its 10 peer companies in the same principal business activity (wholesale trading) are compared by revenue, 5 larger and 5 smaller; the largest is Sunshine Coalmin Private Limited with revenue of ₹551.17 Cr. The company has 20 MSME Form 1 returns on record between 2017 and 2023, listing 43 overdue payments to 4 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website avh.co.in.
Company details
Contact details
Avh Polychem Private Limited's registered office is in Mumbai, Maharashtra. Its website is avh.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address501 Stp 163A & 165 Western Edge 1 Off. W.E. Highway Borivali (East) Near Metro Mal, L, Mumbai, Maharashtra, India – 400066
- IndustryTrading, Other Wholesale, Wholesale
To see the full contact details of Avh Polychem 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 Avh Polychem is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Avh Polychem Private Limited, buy the company report.
Financials of Avh Polychem Private Limited
FY 2025 filings availableAvh Polychem Private Limited reported revenue of ₹549.26 Cr (up 4% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 4% in the latest year. EBITDA rose 7% in the latest 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 |
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| EBITDA | ₹12.89 Cr | ||||
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| Net Profit (PAT) | ₹7.88 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.3% | ||||
| Net Profit Margin | 1.4% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Avh Polychem Private Limited, buy the company report.
Board of directors of Avh Polychem Private Limited
Avh Polychem has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jwalin Bipinchandra Gandhi | Director | 17 Jun 2009 | 17 Years 4 Months | Current |
| Rutvij Bipinchandra Gandhi Also directs: Kaizen Polychem LLP, Ecotrend Polymers LLP | Director | 17 Jun 2009 | 17 Years 4 Months | Current |
| Bipinchandra Shantilal Gandhi | Director | 17 Jun 2009 | 17 Years 4 Months | Current |
Peer comparison
Avh Polychem Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sunshine Coalmin Private Limited | ₹551.17 Cr (FY 2025) | 38.0% | Surat, Gujarat, India | |||
| Radius Systems Private Limited | ₹551 Cr (FY 2025) | 39.0% | New Delhi, Delhi, India | |||
| Saraf Trexim Limited | ₹550.72 Cr (FY 2025) | 12.0% | Kolkata, West Bengal, India | |||
| Online Instruments (India) Limited | ₹550.04 Cr (FY 2025) | 45.0% | Bangalore, Karnataka, India | |||
| Jagdish International Private Limited | ₹549.66 Cr (FY 2025) | 22.0% | Bareilly, Uttar Pradesh, India | |||
| Avh Polychem Private Limitedthis company | ₹549.26 Cr (FY 2025) | ₹7.88 Cr | 1.4% | 4.0% | 4 | Mumbai, Maharashtra, India |
| Subhash Abhishek Steels Private Limited | ₹548.88 Cr (FY 2025) | 19.0% | New Delhi, Delhi, India | |||
| M and C Property Development Private Limited | ₹548.84 Cr (FY 2025) | 25.0% | Coimbatore, Tamil Nadu, India | |||
| Sun Organic Industries Private Limited | ₹548.68 Cr (FY 2025) | 38.0% | Delhi, India | |||
| Kansal Metal Private Limited | ₹547.13 Cr (FY 2025) | 224.0% | Delhi, India | |||
| Drolia Mineral Industries Private Limited. | ₹547.12 Cr (FY 2025) | -9.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Avh Polychem Private Limited, buy the company report.
Auditor
Avh Polychem Private Limited is audited by JPJ & Co. LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JPJ & Co. LLP | FY 2023 | 131281W |
Shareholding
The shareholding of Avh Polychem 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 Avh Polychem Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Oct 2025 | 101183408 | Hdfc Bank Limited | ₹28 Lakh | Open | |
| 14 Oct 2023 | 100800040 | Others | ₹18 Lakh | Open | |
| 14 Jun 2023 | 100749795 | The Hongkong and Shanghai Banking Corporation Limited | ₹3.6 Cr | Open | |
| 30 Sep 2020 | 100379854 | The Hongkong and Shanghai Banking Corporation Limited | ₹41 Cr | Open | |
| 27 Aug 2020 | 100369000 | Hdfc Bank Limited | ₹25.5 Cr | Open |
To see the full charge records of Avh Polychem Private Limited, buy the company report.
Total charge records: 10 View all charges
Deals & funding
Avh Polychem Private Limited has 4 deals on record (3 funding rounds, 1 secondary share transfer), with disclosed funding of ₹99 Lakh; the latest was in January 2016.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2016 | Funding round | ₹45 Lakh | Investors: 4 individuals |
| Mar 2014 | Funding round | ₹35 Lakh | Investors: 4 individuals |
| Mar 2014 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Sep 2012 | Funding round | ₹19 Lakh | Investors: 4 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Avh Polychem Private Limited has 6 court cases on record: 6 filed by Avh Polychem. 2 cases are pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 0 | 2 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Mumbai | Insolvency matter | Filed by the company against Goldstar Polymers Ltd | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SS CASES S) | Filed by the company against an individual | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SS CASES S) | Filed by the company against M/S Radhe Plastic | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SS CASES S) | Filed by the company against Artkraft Stationary Pvt Ltd | Disposed |
| District court, Silvassa, DNH at Silvasa | Cheque dishonour complaint | Filed by the company against individuals | Disposed |
To see the full case history of Avh Polychem 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.
Credit ratings & regulatory alerts
Avh Polychem Private Limited was last rated by Crisil on 02 Apr 2019.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 02 Apr 2019 |
To see the full credit ratings and regulatory alerts of Avh Polychem Private Limited, buy the company report.
MSME payment delays
Avh Polychem Private Limited has 20 MSME Form 1 returns on record between 2017 and 2023, listing 43 overdue payments to 4 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 (4 of 4)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| Galaxy Maritime Services Private Limited |
To see the full MSME payment records of Avh Polychem Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Avh Polychem Private Limited has a workforce of 4 employees on its EPFO records as of May 18, 2024, across 1 active EPFO establishment.
GST
Avh Polychem has 6 GST registrations: 3 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAHCA8513A1Z1 | Maharashtra | Active | 01 Jul 2017 |
| 24AAHCA8513A1Z7 | Gujarat | Active | 01 Jul 2017 |
| 02AAHCA8513A1ZD | Himachal Pradesh | Active | 09 Jan 2023 |
To see the full GST registrations and return filing status of Avh Polychem Private Limited, buy the company report.
Recent activity
Avh Polychem Private Limited has 4 board changes on record since 2009: 3 appointments and 1 cessation. The latest: Devang Bipinchandra Parekh ceased to be Director on 27 Jun 2013.
15 earlier events are in the company report.
Frequently asked questions
Avh Polychem is an active private limited company based in Mumbai, Maharashtra, India. The company works in other wholesale, within the trading industry. It was incorporated on 17 June 2009 (17+ years old) and is registered under CIN U24100MH2009PTC193361.
Avh Polychem has 3 current directors:
- Jwalin Bipinchandra Gandhi - Director
- Rutvij Bipinchandra Gandhi - Director
- Bipinchandra Shantilal Gandhi - Director
The latest financial statements of Avh Polychem on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 15 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Avh Polychem is 27AAHCA8513A1Z1, registered in Maharashtra. The company has 6 GST registrations in all, of which 3 are active and 3 are cancelled or inactive. Other active GSTINs include 24AAHCA8513A1Z7 (Gujarat), 02AAHCA8513A1ZD (Himachal Pradesh).
The CIN (Corporate Identification Number) of Avh Polychem is U24100MH2009PTC193361. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Avh Polychem has 6 court cases on record: 6 filed by the company. 2 are pending. Most are in the district courts.
Avh Polychem was incorporated on 17 June 2009, making it 17+ years old. It is registered with the Registrar of Companies, Mumbai.
Avh Polychem has 4 deals on record (3 funding rounds, 1 secondary share transfer), with disclosed funding of ₹99 Lakh; the latest was in January 2016.
The peers of Avh Polychem by revenue are Sunshine Coalmin Private Limited, Radius Systems Private Limited, Saraf Trexim Limited, Online Instruments (India) Limited, Jagdish International Private Limited and 5 more, all in the same principal business activity (wholesale trading).
Devang Bipinchandra Parekh ceased to be Director on 27 Jun 2013. Bipinchandra Shantilal Gandhi was appointed as Director on 17 Jun 2009. Jwalin Bipinchandra Gandhi was appointed as Director on 17 Jun 2009. Avh Polychem has 4 board changes on record in total.
Avh Polychem has 20 MSME Form 1 returns on record between 2017 and 2023, listing 43 overdue payments to 4 micro and small suppliers. The latest return was filed on 18 Oct 2023.
Avh Polychem can be reached through the website avh.co.in. Its registered office is in Mumbai, Maharashtra, India.