About Haresh Petrochem Private Limited
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Haresh Petrochem Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the chemical distribution and retail segment of the chemicals and materials sector. It was incorporated on 23 March 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24100MH2004PTC145264. Its GSTIN is 27AABCH4107K1ZP (Maharashtra). The company holds 6 GST registrations, of which 5 are active.
The company has an authorised share capital of ₹32 Cr and a paid-up capital of ₹12 Cr. It is led by directors Poonam Kunal Kasat and Kunal Kanaiyalal Kasat.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹1,313.84 Cr, a growth of 26% compared to the previous year. For the same year it recorded a net loss of ₹7.79 Cr (net margin -0.6%) and EBITDA of ₹12.36 Cr (EBITDA margin 0.9%). Revenue has grown at a compounded annual rate (CAGR) of 18% over three years and 23% over five years.
Its group structure includes 1 subsidiary.
The company is associated with 1 brand: Haresh Group of Companies. As per MCA filings, the company has open charges of ₹390 Cr and satisfied charges of ₹166.66 Cr on record. Court records list 44 cases involving the company, including 33 filed by the company and 11 filed against it; 6 cases are pending. The company has 6 deals on record (5 secondary share transfers, 1 funding round), with disclosed funding of ₹18.3 Cr; the latest was in November 2019. Its 9 peer companies in the Chemicals industry (Chemical Retail and Distribution), with the same principal business activity (wholesale trading) are compared by revenue, 5 larger and 4 smaller; the largest is Trident Chemphar Limited with revenue of ₹1,463.25 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website hareshgroup.com.
Company details
Contact details
Haresh Petrochem Private Limited's registered office is in Mumbai, Maharashtra. Its website is hareshgroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressB 3701 37th Floor Plot No 46 Kohinoor Square, N C Kelkar Marg Opp. Shivsena Bhavan Dadar (W), Mumbai, Maharashtra, India – 400028
- IndustryChemicals and Materials, Chemical Distribution & Retail
To see the full contact details of Haresh Petrochem 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
Brands
Haresh Petrochem operates one associated brand: Haresh Group of Companies. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Distribution of petrochemicals, solvents, and logistics services across multiple countries. | hareshgroup.com |
Business activity
The main business activity of Haresh Petrochem 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 Haresh Petrochem Private Limited, buy the company report.
Financials of Haresh Petrochem Private Limited
FY 2024 filings availableHaresh Petrochem Private Limited reported revenue of ₹1,313.84 Cr (up 26% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 23% over five years, including 26% growth in the latest year. EBITDA fell 57% 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 |
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| EBITDA | ₹12.36 Cr | ||||
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| Net Profit (PAT) | -₹7.79 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 0.9% | ||||
| Net Profit Margin | -0.6% | ||||
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To see the full financial statements and ratios of Haresh Petrochem Private Limited, buy the company report.
Board of directors of Haresh Petrochem Private Limited
Haresh Petrochem has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Poonam Kunal Kasat Also directs: Packsol Enterprise LLP, Entrra Ventures LLP, Hha Tank Terminal Private Limited and 1 more | Director | 12 Dec 2018 | 7 Years 10 Months | Current |
| Kunal Kanaiyalal Kasat Also directs: Packsol Enterprise LLP, Entrra Ventures LLP, Hha Tank Terminal Private Limited and 1 more | Director | 20 Apr 2010 | 16 Years 6 Months | Current |
Peer comparison
Haresh Petrochem Private Limited is compared with the 9 companies closest to it by revenue in the Chemicals industry (Chemical Retail and Distribution), with 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 |
|---|---|---|---|---|---|---|
| Trident Chemphar Limited | ₹1,463.25 Cr (FY 2024) | -48.0% | Hyderabad, Telangana, India | |||
| Shubham Chemicals and Solvents Limited | ₹1,375.17 Cr (FY 2025) | 4.0% | Delhi, India | |||
| Sonkamal Enterprises Private Limited | ₹1,362.25 Cr (FY 2024) | -3.0% | Mumbai, Maharashtra, India | |||
| Prakash Chemicals International Private Limited | ₹1,340.75 Cr (FY 2025) | 16.0% | Vadodara, Gujarat, India | |||
| Sadashiva Overseas Limited | ₹1,321.08 Cr (FY 2025) | 163.0% | New Delhi, Delhi, India | |||
| Haresh Petrochem Private Limitedthis company | ₹1,313.84 Cr (FY 2025) | -₹7.79 Cr | -0.6% | 26.0% | Mumbai, Maharashtra, India | |
| National Handloom Development Corporation Limited | ₹1,281.79 Cr (FY 2024) | 5.0% | Noida, Uttar Pradesh, India | |||
| Kapedome Enterprises Limited | ₹1,269.43 Cr (FY 2024) | -7.0% | Chandigarh, India | |||
| Brenntag Ingredients (India) Private Limited | ₹1,236.06 Cr (FY 2025) | 27.0% | Mumbai, Maharashtra, India | |||
| Excellora International Private Limited | ₹1,231.89 Cr (FY 2025) | 6.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Haresh Petrochem Private Limited, buy the company report.
Auditor
Haresh Petrochem Private Limited is audited by Darshan Bheda & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Darshan Bheda & Associates | FY 2023 | 129734W |
Shareholding
The shareholding of Haresh Petrochem 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 Haresh Petrochem Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Aug 2024 | 100960468 | Yes Bank Limited | ₹50 Cr | Open | |
| 16 Mar 2024 | 100893626 | Hdfc Bank Limited | ₹145 Cr | Open | |
| 31 Aug 2004 | 80031029 | Others | ₹180 Cr | Open | |
| 31 Aug 2004 | 90148853 | Others | ₹15 Cr | Open | |
| 03 Feb 2024 | 100866541 | Others | ₹70 Cr | Satisfied |
To see the full charge records of Haresh Petrochem Private Limited, buy the company report.
Total charge records: 15 View all charges
Deals & funding
Haresh Petrochem Private Limited has 6 deals on record (5 secondary share transfers, 1 funding round), with disclosed funding of ₹18.3 Cr; the latest was in November 2019.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2019 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Dec 2018 | Funding round | ₹18.3 Cr | Investors: Hha Tank Terminal Private Limited |
| May 2013 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2012 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
| May 2010 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
To see the full deal history of Haresh Petrochem Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Haresh Petrochem Private Limited has 44 court cases on record: 33 filed by Haresh Petrochem, 11 filed against it. 6 cases are pending and 38 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 20 | 6 | 2 |
| High courts | 19 | 0 | 1 |
| NCLAT | 5 | 5 | 3 |
Cases on record (5 of 44)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed against the company by Indian Laminate Manufacturers Association and 1 other | Pending |
| NCLAT, Court II | Tribunal matter | Filed against the company by Indian Laminate Manufacturers Association | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Case) | Filed by the company against Metrochem Api Pvt Ltd and 3 others | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Case) | Filed by the company against Vivachem Intermediates Private Limited and Ors | Disposed |
| NCLAT, NCLAT New Delhi | Insolvency matter | Filed against the company by Pink Rose Chemicals Private Limited and 7 others | Disposed |
To see the full case history of Haresh Petrochem 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
Haresh Petrochem Private Limited was last rated by Care on 15 Mar 2023.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 15 Mar 2023 |
To see the full credit ratings and regulatory alerts of Haresh Petrochem Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Haresh Petrochem Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Haresh Petrochem has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Hha Tank Terminal Private Limited | U28122MH1998PTC335730 |
To see the full group structure of Haresh Petrochem Private Limited, buy the company report.
GST
Haresh Petrochem has 6 GST registrations: 5 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCH4107K1ZP | Maharashtra | Active | 01 Jul 2017 |
| 27AABCH4107K2ZO | Maharashtra | Active | 28 Feb 2025 |
| 24AABCH4107K1ZV | Gujarat | Active | 01 Jul 2017 |
| 32AABCH4107K2ZX | Kerala | Active | 12 Jan 2021 |
To see the full GST registrations and return filing status of Haresh Petrochem Private Limited, buy the company report.
Recent activity
Haresh Petrochem Private Limited has 5 board changes on record since 2010: 2 appointments and 3 cessations. The latest: Kamla Kanayalal Kasat ceased to be Director on 14 Jan 2026.
29 earlier events are in the company report.
Frequently asked questions
Haresh Petrochem is an active private limited company based in Mumbai, Maharashtra, India. The company works in chemical distribution and retail, within the chemicals and materials industry. It was incorporated on 23 March 2004 (22+ years old) and is registered under CIN U24100MH2004PTC145264.
Haresh Petrochem has 2 current directors:
- Poonam Kunal Kasat - Director
- Kunal Kanaiyalal Kasat - Director
The latest financial statements of Haresh Petrochem on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Haresh Petrochem is 27AABCH4107K1ZP, registered in Maharashtra. The company has 6 GST registrations in all, of which 5 are active and 1 is cancelled or inactive. Other active GSTINs include 27AABCH4107K2ZO (Maharashtra), 24AABCH4107K1ZV (Gujarat), 32AABCH4107K2ZX (Kerala).
The CIN (Corporate Identification Number) of Haresh Petrochem is U24100MH2004PTC145264. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Haresh Petrochem has 44 court cases on record: 33 filed by the company and 11 filed against it. 6 are pending. Most are in the district courts.
Haresh Petrochem was incorporated on 23 March 2004, making it 22+ years old. It is registered with the Registrar of Companies, Mumbai.
Haresh Petrochem has 6 deals on record (5 secondary share transfers, 1 funding round), with disclosed funding of ₹18.3 Cr; the latest was in November 2019.
The peers of Haresh Petrochem by revenue are Trident Chemphar Limited, Shubham Chemicals and Solvents Limited, Sonkamal Enterprises Private Limited, Prakash Chemicals International Private Limited, Sadashiva Overseas Limited and 4 more, all in the Chemicals industry (Chemical Retail and Distribution), with the same principal business activity (wholesale trading).
Kamla Kanayalal Kasat ceased to be Director on 14 Jan 2026. Kanayalal Kasat Kashiram ceased to be Director on 25 Oct 2019. Poonam Kunal Kasat was appointed as Director on 12 Dec 2018. Haresh Petrochem has 5 board changes on record in total.
Haresh Petrochem can be reached through the website hareshgroup.com. Its registered office is in Mumbai, Maharashtra, India.