AbhiTech

Mumbai, India Founded: 1997 • Age: 29 yrs Minicorn
Provider of oil refinery, fuel exploring, and other services

About AbhiTech

AbhiTech is a Chemicals & Materials company based in Mumbai (India) founded in 1997. Provider of oil refinery, fuel exploring, and other services. The company has 385 employees. AbhiTech was last valued at $1.09 million in March 2009. Its Indian entity Abhitech Energycon Limited reported revenue of β‚Ή173 Cr. AbhiTech offers products and services including THERMACT and THERMOL. Its focus areas include Chemicals and Materials, Diversified Chemicals and Speciality Chemicals.

Company details

AbhiTech, led by Vivek Pandit as Director, Ganesh Dattatraya Samant as Managing Director, specializes in chemicals and materials, diversified chemicals, and speciality chemicals. Provider of oil refinery, fuel exploring, and other services. The team drives innovation, quality service, and sustainable practices to achieve excellence and client satisfaction.

  • Headquarters Mumbai, India
  • Employees 385
  • Stage Minicorn
  • Sectors
    Chemicals & Materials
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website abhitechenergycon.com
  • Social LinkedIn
  • Legal Name Abhitech Energycon Limited
  • Date of Incorporation 10 Oct, 1997
  • Jurisdiction Baddi, Himachal Pradesh, India
Key Metrics
  • Annual Revenue
    ₹173 Cr

    FY 2024 · +42% YoY

  • Net Profit
    ₹19.88 Cr

    FY 2024 · 12% margin

  • EBITDA
    ₹31.90 Cr

    FY 2024 · 18% margin

  • Latest Funding Round
    $527.08K (USD), Unspecified

    Mar 2009

  • Investors
  • Employee Count
    385

Products & Services of AbhiTech

AbhiTech offers a comprehensive portfolio of products and services, including THERMACT and THERMOL.

THERMACT
Solid Fuel Products

Products for solid fuels are utilized to optimize combustion and reduce associated costs in energy conservation

THERMOL
Liquid Fuel Products

Products for liquid fuels are employed to enhance efficiency and lower emissions in various industrial applications

Funding Insights of AbhiTech

  • Total Rounds 2
  • Last Round Unspecified β€” $527,079
  • First Round $114,255

    (Jun 2003)

  • Investors Count 8

All 2 funding rounds of AbhiTech with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Mar 2009$527,079Unspecified$1.09MCompact Capital
–
Jun 2003$114,255Unspecified$299,106Girish Kumar Trivedi, Prakash Poojari
Valuation history
DateValuationStage
Mar 2009$1.09Mβ€’β€’β€’β€’β€’β€’β€’β€’

Last known valuation $1.09M (Mar 2009). 8 investors in total: 1 institutional and 7 angel.

Investors in AbhiTech

AbhiTech has secured backing from 8 investors, including institutional and angel investors. Prominent investors backing the company include Compact Capital, Girish Kumar Trivedi and Prakash Poojari.

All
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Financial management services are provided to clients.
1992compactcapital.inMumbai, India

Girish Kumar Trivedi

unknown_8137beb1c7b6421e8

Prakash Poojari

unknown_c72a7b5a73d241219

Hemant Raghunath Mohite

unknown_215d9088813e4f93b

Vijay Chandrakant Kamble

unknown_9d2f74a807f64e78b

Prasad Tulshidas Samant

unknown_d6e49a6f269946c2b

Ganesh Dattatraya Samant

Angel investor and entrepreneur, co-founder of Sahajanand Medical Technologies
unknown_a146ff73058f4843b

Vivek Pandit

unknown_752f5b60d6704c23b
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Investor details for AbhiTech

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

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  • Round participation
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Verified entity values are shown only after access is granted.

Board of directors of Abhitech Energycon Limited (AbhiTech)

Abhitech Energycon Limited is the primary company behind AbhiTech. The board of Abhitech Energycon Limited currently have 12 directors; the longest-serving is Ganesh Dattatraya Samant, appointed in 1997. 23 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Ganesh Dattatraya Samant
DIN 00457859
Managing Director10 Oct 199729 yrsAbhitech Energycon Limited
Hemant Raghunath Mohite
DIN 00458029
Whole-time director01 Apr 200818 yrs 6 moAbhitech Energycon Limited
Subodh Hareshwar Raut
DIN 00458795
Whole-time director01 Apr 200818 yrs 6 moAbhitech Energycon Limited
Prasad Tulshidas Samant
DIN 00457890
Whole-time director01 Feb 201214 yrs 8 moAbhitech Energycon Limited
Vijay Chandrakant Kamble
DIN 00458661
Whole-time director01 Feb 201214 yrs 8 moAbhitech Energycon Limited
Santosh Mahadeo Desai
DIN 09015196
CFO13 Dec 20223 yrs 10 moAbhitech Energycon Limited
Ravikant Sankhe
DIN 10040469
Director01 Mar 20233 yrs 7 moAbhitech Energycon Limited
Arcot Vyasa
DIN 08656191
Whole-time director22 May 20233 yrs 5 moAbhitech Energycon Limited
Dinesh Mote
DIN 10147954
Whole-time director22 May 20233 yrs 5 moAbhitech Energycon Limited
Subhajit Mukherjee
DIN 10140951
Whole-time director22 May 20233 yrs 5 moAbhitech Energycon Limited
Prakash Tiwari
DIN 08003157
Director21 Jun 20233 yrs 4 moAbhitech Energycon Limited
Tushar Pradeep Bohra
DIN 08737565
Nominee Director21 Jul 20251 yr 3 moAbhitech Energycon Limited

People of AbhiTech

2 people are tracked at AbhiTech (2 in leadership); the tracked headcount is 385.

NameRoleGroup
DirectorLeadership
Managing DirectorLeadership
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Complete people profiles for AbhiTech

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Financials of AbhiTech

Figures of Abhitech Energycon Limited, the primary company behind AbhiTech, for FY 2024. Revenue was ₹173 Cr (+42% year on year). Net profit was ₹19.88 Cr (12% margin). EBITDA was ₹31.90 Cr (18% margin). Revenue has grown at a compounded annual rate of +53% over three years and +30% over five years.

  • ₹173 CrRevenue · FY 2024 · +42% YoY
  • ₹19.88 CrNet profit · 12% margin
  • ₹31.90 CrEBITDA · 18% margin
  • ₹12.07 CrPaid-up capital
  • 385Employees (provident fund records)
  • +53%Revenue CAGR, 3 years
  • +30%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Abhitech Energycon Limited are on its company page.

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Detailed financial statements for AbhiTech

Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.

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  • Financial ratios
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  • Downloads

Verified entity values are shown only after access is granted.

Timeline of AbhiTech

4 dated milestones of AbhiTech across 12 years, from founding to its latest funding, stage changes and deals.

  1. Founded AbhiTech is founded.
  2. Funding First funding round of $114K.
  3. Funding Latest funding round, Unspecified, of $527K.
  4. Milestone Reaches Minicorn status.

Web traffic of AbhiTech

Websites that share an audience with AbhiTech (abhitechenergycon.com).

Similar websites

Websites whose visitors overlap most with AbhiTech. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
pacificoilindia.com
pacificoilindia.com
100%
#12,840,778–
gasassociation.in
gasassociation.in
99%
#8,007,558–
hoec.com
98%
5.8K#3,607,742View details
ocs.services
94%
2.6K#6,349,214View details
panamapetro.com
93%
2.1K#7,673,693View details
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 11 similar websites and full traffic analytics for AbhiTech

The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.

  • 11 similar websites
  • Audience overlap
  • Engagement analytics
  • Traffic by brand

Verified entity values are shown only after access is granted.

Top companies in Core & Diversified Chemicals

3 companies that operate in the same segment as AbhiTech (Core & Diversified Chemicals) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Manufacturer of fertilizers, industrial chemicals, crop nutrition products, and real estate
1979Pune, Maharashtra, IndiaUSD 1.21 B1,020
Specialty chemicals are manufactured through integrated R&D and production processes.
2023Bengaluru, Karnataka, IndiaUSD 72.97 MUSD 2.13 M
Manufactures coal tar and basic industrial chemicals.
1987Kolkata, West Bengal, IndiaUSD 24 MUSD 496.46 M2,480
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Frequently Asked Questions about AbhiTech

AbhiTech was founded in 1997 and raised its 1st funding round 6 years after it was founded.

AbhiTech is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

AbhiTech has 385 employees.

The primary company behind AbhiTech, Abhitech Energycon Limited, reported revenue of β‚Ή173 Cr for FY 2024, up 42% year on year.

AbhiTech, led by Vivek Pandit as Director, Ganesh Dattatraya Samant as Managing Director, specializes in chemicals and materials, diversified chemicals, and speciality chemicals. Provider of oil refinery, fuel exploring, and other services. The team drives innovation, quality service, and sustainable practices to achieve excellence and client satisfaction.

AbhiTech offers THERMACT and THERMOL.

AbhiTech has 8 investors. Key investors include Compact Capital, Girish Kumar Trivedi, Prakash Poojari, Hemant Raghunath Mohite, and Vijay Chandrakant Kamble.

The valuation of AbhiTech is $1.09M as of Mar 2009.

AbhiTech operates through Abhitech Energycon Limited.

The legal entities of AbhiTech currently have 13 directors, including Arcot Vyasa, Tushar Pradeep Bohra, Ganesh Dattatraya Samant and others.

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