MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-19-0051370
Chandri Wax Specialities Private Limited - chemicals and materials in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹2.81 Cr
▼ 95% YoY
Net loss · FY 2025
₹26.91 Lakh
Net margin -9.6%
EBITDA · FY 2025
₹13 Lakh
EBITDA margin 4.6%
Authorised capital
₹1.5 Cr
Registered with MCA
Paid-up capital
₹1.33 Cr
Issued & subscribed
Open charges
₹29.5 Lakh
Satisfied ₹36.9 Cr
Company age
45 yrs
Est. 1981
Directors on board
2
As per MCA filings
About Chandri Wax Specialities Private Limited
Data last updated:
Chandri Wax Specialities Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the petrochemicals and derivatives segment of the chemicals and materials sector. It was incorporated on 21 May 1981 and has been in existence for over 45 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U21010MH1981PTC024447. Its GSTIN is 27AABCC5709J1ZM (Maharashtra). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.33 Cr. It was formerly known as Chandri Paper and Allied Products Private Limited. It is led by directors Aditya Ishwardas Rasiwasia and Suman Kumar Jha.
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 4 4th Floor Hafizian Building 129/131 Kazi Sayed Street Masjid West, Mumbai, Maharashtra, India – 400003.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.81 Cr, a decline of 95% compared to the previous year. For the same year it recorded a net loss of ₹26.91 Lakh (net margin -9.6%) and EBITDA of ₹13 Lakh (EBITDA margin 4.6%). Revenue has declined at a compounded annual rate (CAGR) of 18% over three years and 15% over five years.
As per MCA filings, the company has open charges of ₹29.5 Lakh and satisfied charges of ₹36.9 Cr on record. Court records list 10 cases involving the company, including 5 filed by the company and 5 filed against it; 5 cases are pending.
Chandri Wax Specialities Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0051370). The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website waxindia.com.
Company details
CIN U21010MH1981PTC024447
Registration Number 024447
Incorporation Date 21 May 1981
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Non-Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-19-0051370
Recognitions & Rankings of Chandri Wax Specialities
Contact details
Chandri Wax Specialities Private Limited's registered office is in Mumbai, Maharashtra. Its website is waxindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address4 4th Floor Hafizian Building 129/131 Kazi Sayed Street Masjid West, Mumbai, Maharashtra, India – 400003
- IndustryChemicals and Materials, Petrochemicals & Derivatives
To see the full contact details of Chandri Wax Specialities Private Limited, buy the company report.
Comprehensive company report
Chandri Wax Specialities 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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Business activity
The main business activity of Chandri Wax Specialities 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 Chandri Wax Specialities Private Limited, buy the company report.
Financials of Chandri Wax Specialities Private Limited
FY 2025 filings availableChandri Wax Specialities Private Limited reported revenue of ₹2.81 Cr (down 95% YoY) for FY 2025.
Revenue · FY 2025
₹2.81 Cr ▼ 95%
Net loss · FY 2025
₹26.91 Lakh margin -9.6%
EBITDA · FY 2025
₹13 Lakh margin 4.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 95%
3 years · compounded
▼ 18%
5 years · compounded
▼ 15%
EBITDA CAGR growth
1 year
▼ 100%
3 years · compounded
▲ 52%
5 years · compounded
▲ 15%
Revenue has declined at a compounded annual rate (CAGR) of 15% over five years, including a 95% fall in the latest year. EBITDA fell 100% 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 | |||||
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| Cost of Materials Consumed | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹13 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹26.91 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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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 | 4.6% | ||||
| Net Profit Margin | -9.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Quick Ratio | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
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| Revenue Growth | |||||
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To see the full financial statements and ratios of Chandri Wax Specialities Private Limited, buy the company report.
Board of directors of Chandri Wax Specialities Private Limited
Chandri Wax Specialities has 2 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 |
|---|---|---|---|---|
| Aditya Ishwardas Rasiwasia | Director | 18 Aug 1999 | 27 Years 2 Months | Current |
| Suman Kumar Jha Also directs: Dreamz Multilevel Network Private Limited | Director | 30 Dec 2020 | 5 Years 9 Months | Current |
Peer comparison
Chandri Wax Specialities Private Limited is compared with the 3 companies closest to it by revenue in the Chemicals industry (Petrochemicals), 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 |
|---|---|---|---|---|---|---|
| Vinayak Pyrofuel Private Limited | ₹2.9 Cr (FY 2025) | -2.0% | Kishangarh, Rajasthan, India | |||
| Innochem Labs (India) Private Limited | ₹2.81 Cr (FY 2024) | 13.0% | Hyderabad, Telangana, India | |||
| Chandri Wax Specialities Private Limitedthis company | ₹2.81 Cr (FY 2025) | -₹26.91 Lakh | -9.6% | -95.0% | Mumbai, Maharashtra, India | |
| Nulon India Limited | ₹2.74 Cr (FY 2025) | 6.0% | Delhi, India |
To see the full peer comparison of Chandri Wax Specialities Private Limited, buy the company report.
Auditor
Chandri Wax Specialities Private Limited is audited by GMJ & Co for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GMJ & Co | FY 2022 | 103429W |
Shareholding
The shareholding of Chandri Wax Specialities Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Chandri Wax Specialities Private Limited, buy the company report.
Charges & borrowings
Open charges
₹29.5 Lakh
Satisfied charges
₹36.9 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Feb 2003 | 90236209 | The Federal Bank Limited | ₹20 Lakh | Open | |
| 29 Mar 1984 | 90235267 | The Federal Bank Limited | ₹9.5 Lakh | Open | |
| 27 Dec 2017 | 100192013 | Others | ₹70 Lakh | Satisfied | |
| 13 Jun 2017 | 100136125 | Others | ₹90 Lakh | Satisfied | |
| 17 Nov 2009 | 10193681 | Punjab National Bank | ₹80 Lakh | Satisfied |
To see the full charge records of Chandri Wax Specialities Private Limited, buy the company report.
Total charge records: 7 View all charges
Legal cases
Chandri Wax Specialities Private Limited has 10 court cases on record: 5 filed by Chandri Wax Specialities, 5 filed against it. 5 cases are pending and 5 are disposed.
Total cases
10
Filed by the company
5
Filed against the company
5
Pending
5
Disposed
5
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 3 | 3 |
| High courts | 2 | 2 | 2 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary case) | Filed by the company against Ramcharan Co Op Pvt Ltd and 2 others | Pending |
| District court, South West, Delhi | Cheque dishonour complaint | Filed against the company by L and T Finance Ltd. | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons cases SS) | Filed by the company against M/S Suvarna Additives Pvt Ltd and 1 other | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (SPL.CASE) | Filed against the company by The Assistant Registrar of Companies | Pending |
| Bombay High Court | Interim or miscellaneous application | Filed against the company by M/S. Bhadra Products and Anr. | Pending |
To see the full case history of Chandri Wax Specialities 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 Chandri Wax Specialities Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Chandri Wax Specialities has 3 GST registrations: 1 active and 2 cancelled or inactive.
Total GSTINs
3
Active
1
Cancelled / inactive
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCC5709J1ZM | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Chandri Wax Specialities Private Limited, buy the company report.
Recent activity
Chandri Wax Specialities Private Limited has 5 board changes on record since 1999: 2 appointments and 3 cessations. The latest: Ishwardas Agarwal ceased to be Director on 20 Feb 2021.
AGM
Chandri Wax Specialities Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Chandri Wax Specialities Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge registered on 27 Dec 2017 via Charge ID 100192013 with Others was fully satisfied on 31 Oct 2023.
Charges
A charge registered on 13 Jun 2017 via Charge ID 100136125 with Others was fully satisfied on 31 Oct 2023.
Charges
A charge registered on 06 Jan 2007 via Charge ID 10038050 with Punjab National Bank was fully satisfied on 06 Sep 2023.
Ceased
Ishwardas Agarwal ceased to be Director.
Appointed
Suman Kumar Jha was appointed as Director.
Charges
A charge with Others amounted to Rs. 0.70 Cr with Charge ID 100192013 was registered on 27 Dec 2017.
Charges
A charge with Others amounted to Rs. 0.90 Cr with Charge ID 100136125 was registered on 13 Jun 2017.
Charges
A charge with Punjab National Bank of Rs. 33.75 Cr registered on 06 Jan 2007 with Charge ID 10038050 was modified on 30 Jan 2016.
Ceased
Anupama Sanjay Rasiwasia ceased to be Director.
Ceased
Bimladevi Agarwal ceased to be Additional Director.
9 earlier events are in the company report.
Frequently asked questions
Chandri Wax Specialities is an active private limited company based in Mumbai, Maharashtra, India. The company works in petrochemicals and derivatives, within the chemicals and materials industry. It was incorporated on 21 May 1981 (45+ years old) and is registered under CIN U21010MH1981PTC024447.
Chandri Wax Specialities has 2 current directors:
- Aditya Ishwardas Rasiwasia - Director
- Suman Kumar Jha - Director
The latest financial statements of Chandri Wax Specialities 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 Chandri Wax Specialities is 27AABCC5709J1ZM, registered in Maharashtra. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Chandri Wax Specialities is U21010MH1981PTC024447. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Chandri Wax Specialities has 10 court cases on record: 5 filed by the company and 5 filed against it. 5 are pending. Most are in the district courts.
Chandri Wax Specialities was incorporated on 21 May 1981, making it 45+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Chandri Wax Specialities by revenue are Vinayak Pyrofuel Private Limited, Innochem Labs (India) Private Limited, Nulon India Limited, all in the Chemicals industry (Petrochemicals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Ishwardas Agarwal ceased to be Director on 20 Feb 2021. Suman Kumar Jha was appointed as Director on 30 Dec 2020. Anupama Sanjay Rasiwasia ceased to be Director on 05 Aug 2013. Chandri Wax Specialities has 5 board changes on record in total.
Yes, Chandri Wax Specialities is registered as a small enterprise under Udyam registration (number: UDYAM-MH-19-0051370).
Chandri Wax Specialities can be reached through the website waxindia.com. Its registered office is in Mumbai, Maharashtra, India.