About Covestro (India) Private Limited
Data last updated: 06 March 2026
Covestro (India) Private Limited is a private limited company based in Navi Mumbai, Maharashtra, India, a subsidiary of Covestro Deutschland Ag. It specialises in specialty chemicals, a part of the broader chemicals and materials sector. Incorporated on 11 September 1995, the company has been in operation for over 31 years.
Registered with ROC Mumbai under CIN U19113DL1995PTC083994.
Capital: an authorised share capital of ₹364.4 Cr and a paid-up capital of ₹207.52 Cr. Formerly known as Bayer Materialscience Private Limited. It is led by directors Avinash Manmohan Bagdi and Anand Srinivasan.
Last AGM: 17 September 2025. Financial statements filed for year ended 31 March 2025. Office: Navi Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹4,389.09 Cr, a growth of 8% compared to the previous year.
The company has a workforce of approximately 368 employees as per the latest available data. It operates as a subsidiary of Covestro Deutschland Ag.
The company is associated with 1 brand - Covestro.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website covestro.com.
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Registered AddressUnit No. Sb – 801 8Th Floor Empire Tower Cloud City Campus Airoli Thane – Belap, Ur Rd, Navi Mumbai, Maharashtra, India – 400708
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IndustryChemicals and Materials, Specialty Chemicals
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
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CIN History of Covestro (India) Private Limited
Covestro (India) Private Limited has one previous CIN (Corporate Identification Number): U19113DL1995PTC083994. The current CIN is U19113MH1995PTC179724, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U19113MH1995PTC179724 | Current |
| U19113DL1995PTC083994 | Previous |
Associated Brands with Covestro (India) Private Limited
Covestro (India) Private Limited operates one associated brand: Covestro. These brands represent Covestro (India) Private Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Advanced polymer materials are manufactured for industrial applications. | covestro.com |
Business Activity of Covestro (India) Private Limited
Covestro (India) Private Limited is engaged in multiple principal business activities such as manufacturing, trade, and support service to organizations, with detailed activities including plastic products, non-metallic mineral products, rubber products, fabricated metal products, wholesale trading, other support services to organizations. The company has 3 registered principal business activity segments, demonstrating its operational diversity and market reach.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products | Locked |
| G | Trade | G1 | Wholesale Trading | Locked |
| N | Support service to Organizations | N7 | Other support services to organizations | Locked |
Business activity turnover details for Covestro (India) Private Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
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Board of Directors of Covestro (India) Private Limited
Covestro (India) Private Limited is currently managed by 2 directors, with 19 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Avinash Manmohan Bagdi | Director | 16 Jul 2015 | 10 Years 11 Months | Current |
| Anand Srinivasan | Managing Director | 29 Nov 2019 | 6 Years 7 Months | Current |
Financials of Covestro (India) Private Limited FY 2025 filings available
Covestro (India) Private Limited reported revenue of ₹4,389.09 Cr (up 8.00% YoY) for FY 2025.
Ten-year financial statements for Covestro (India) Private Limited
Historical statement values and trend charts require an active report plan.
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- Balance sheets
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Charges & Borrowings Covestro (India) Private Limited
Covestro (India) Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Covestro (India) Private Limited
View historical data on people associated with Covestro (India) Private Limited, including employment history and EPFO contributions.
Employee and EPFO history for Covestro (India) Private Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
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- ECR filing status
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GST Compliance of Covestro (India) Private Limited
GST registrations and filing compliance for Covestro (India) Private Limited
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- GSTIN registrations
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Credit Ratings, Litigation & Regulatory Alerts for Covestro (India) Private Limited
Credit ratings, litigation, and regulatory alerts for Covestro (India) Private Limited
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- Rating history
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MSME Payment Delays by Covestro (India) Private Limited
MSME payment history for Covestro (India) Private Limited
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Subsidiaries & Group Companies of Covestro (India) Private Limited
Corporate group structure for Covestro (India) Private Limited
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- Parent company
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MCA Filings & Documents of Covestro (India) Private Limited
MCA filings and documents for Covestro (India) Private Limited
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- Incorporation documents
- Annual returns and statements
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- Complete filing index
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Recent Activity on Covestro (India) Private Limited
Recent News on Covestro (India) Private Limited
Frequently Asked Questions about Covestro (India) Private Limited
Covestro (India) Private Limited is an active private limited company in the chemicals and materials sector based in Navi Mumbai, Maharashtra, India. It was incorporated on 11 September 1995 (31+ years old) and is registered under CIN U19113MH1995PTC179724. The company has 368 employees.
Covestro (India) Private Limited reported revenue of ₹4,389.09 Cr for FY 2025 (up 8.00% YoY).
The current directors of Covestro (India) Private Limited are:
- Avinash Manmohan Bagdi - Director
- Anand Srinivasan - Managing Director
The primary industry of Covestro (India) Private Limited is chemicals and materials. The company specifically operates in specialty chemicals. The company is currently active in this sector.
Covestro (India) Private Limited can be reached at the registered office: Unit No. Sb – 801 8Th Floor Empire Tower Cloud City Campus Airoli Thane – Belap, Ur Rd, Navi Mumbai, Maharashtra, India – 400708, or through the website covestro.com.
The authorised capital is ₹364.4 Cr, and the paid-up capital is ₹207.52 Cr.