Azelis (India) Private Limited - Company Profile

It is a chemicals and materials private limited company based in Navi Mumbai, Maharashtra, India, established in 1978.

1978 Navi Mumbai, Maharashtra, India Active

Last Updated: December 22, 2025

About Azelis (India) Private Limited

Azelis (India) Private Limited, a active private limited company, was established on 15 March 1978 in Navi Mumbai, Maharashtra, India. Engaging in chemical distribution & retail within the trade sector, it holds CIN: U99999MH1978PTC093450. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹360.00 Cr and a paid-up capital of ₹269.07 Cr.

Formerly known as Marigold International Private Limited. It upholds a compliant status. Its leadership includes Aparna Lalit Khurana (Managing Director), Carlo Ravera (Director), Nazif Sertac Surur (Director). Past directors included Jagdish Jayantilal Vasa, Laurent Nataf, Martin Wilhelm Hollenhorst. It holds ₹2.19 Cr open charges and ₹59.00 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at Unit No. 702, 7Th Floor, Liberty Tower, Plot No.K10, Midc, Kalwa Industrial Esta, Te, Airoli, Navi Mumbai, Maharashtra, 400708.

Company Details

CIN/LLPIN
U99999MH1978PTC093450
Registration Number
093450
Incorporation Date
15 March 1978
Authorized Capital
₹360.00 Cr
Paid-Up Capital
₹269.07 Cr
ROC Code
Roc Mumbai
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 360.00 Cr as on 22-12-2025
Paid Up Capital ₹ 269.07 Cr as on 22-12-2025
Company Age 47 Year, 10 Months
Last Filing with ROC 31 Mar 2024
Open Charges ₹ 2.19 Cr as on 22-12-2025
Satisfied Charges ₹ 59.00 Cr as on 22-12-2025
Revenue Growth **** 93.00% (FY 2023)
Profit Growth **** 119.78% (FY 2023)
Ebitda **** 77.27% (FY 2023)
Net Worth 98.02% (FY 2023)
Total Assets **** 230.82% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into Azelis (India) Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Azelis (India) Private Limited?

Current Directors

Name	Designation	Appointment Date	Status
Aparna Lalit Khurana	Managing Director	01 Dec 2016	Current
Carlo Ravera	Director	20 Mar 2017	Current
Nazif Sertac Surur	Director	21 Apr 2023	Current
Vivek Rama Pandey	Director	27 Mar 2023	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	04 Oct 2007	Past
Pramod Abcsdd	Director	18 Nov 2022	Past
Pramod Abcsdd	Additional Director	30 Sep 2014	Past
Pramod Abcsdd	Director	04 Oct 2007	Past
Pramod Abcsdd	Director	14 Aug 2008	Past
Pramod Abcsdd	Director	31 Dec 2020	Past

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Financial Performance of Azelis (India).

Azelis (India) Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 93% increase. The company also saw a substantial improvement in profitability, with a 119.78% increase in profit. The company's net worth Soared by an impressive increase of 98.02%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

93.00%

*******

Revenue from Operations

*******

91.04%

*******

Total Assets

*******

230.82%

*******

Profit or Loss

*******

119.78%

*******

Net Worth

*******

98.02%

*******

EBITDA

*******

77.27%

*******

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What is the Ownership and Shareholding Structure of Azelis (India)?

In 2023, Azelis (India) had a promoter holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹21,895,000.00

Satisfied Charges

₹590,000,000.00

Charges Breakdown by Lending Institutions

The Hongkong And Shanghai Banking Corporation Limited : 2.00 Cr
Dena Bank : 0.19 Cr

Latest Charge Details

Date	Lender	Amount	Status
27 Feb 2018	The Hongkong And Shanghai Banking Corporation Limited	₹2.00 Cr	Open
28 Jul 1983	Dena Bank	₹0.30 M	Open
04 Feb 1982	Dena Bank	₹0.26 M	Open
18 May 1979	Dena Bank	₹0.60 M	Open
14 Apr 1979	Dena Bank	₹0.74 M	Open

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How Many Employees Work at Azelis (India)?

Unlock and access historical data on people associated with Azelis (India), such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Azelis (India), offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Azelis (India)'s trajectory.

Rating

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Alerts

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Azelis (India)

Recent Activity within the Organization

Charges

The activity A charge registered on 16 Nov 2016 via Charge ID 100061676 with The Hongkong And Shanghai Banking Corporation Limited was fully satisfied on 12 Nov 2025. was completed.
12 Nov 2025
Annual General Meeting

The activity Azelis (India) Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was completed.
30 Sep 2024
Balance Sheet

Azelis (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai. was recorded as a recent event.
31 Mar 2024
Director Appointment

Nazif Sertac Surur was appointed as a Director was appointed as a Director on 21 Apr 2023 & has been associated with this company since 2 years 9 months . was recorded as a recent event.
21 Apr 2023
Director Appointment

The activity Vivek Rama Pandey was appointed as a Director was appointed as a Director on 27 Mar 2023 & has been associated with this company since 2 years 10 months . was completed.
27 Mar 2023
Charges

Progress on A charge with The Hongkong And Shanghai Banking Corporation Limited of Rs. 40.50 Cr registered on 16 Nov 2016 with Charge ID 100061676 was modified on 23 Aug 2021. was documented.
23 Aug 2021

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