- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-18-0082976

About Indian Platinum Private Limited
Data last updated:
Indian Platinum Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the industrial chemicals segment of the chemicals and materials sector. It was incorporated on 20 April 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U93090MH2011PTC216462. Its GSTIN is 27AACCI5908E1ZP (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors Nitin Kisandas Mehta and Darshan Nitin Mehta.
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 103 1st Floor Liberty Co – Op Hsg Society Sarojini Rd Vile Parle (West), Mumbai, Maharashtra, India – 400056.
As per the financials filed for FY 2024, the company reported a revenue of ₹8.6 Cr, a decline of 44% compared to the previous year. For the same year it recorded a net profit of ₹4.37 Lakh (net margin 0.5%) and EBITDA of ₹35.1 Lakh (EBITDA margin 4.1%). Revenue has declined at a compounded annual rate (CAGR) of 3% over three years.
As per MCA filings, the company has open charges of ₹2.2 Cr on record. Court records list 2 cases involving the company, including 2 filed against it; 1 case is pending.
Indian Platinum Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0082976). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website palladiumchemicals.com.
Company details
Recognitions & Rankings of Indian Platinum
Contact details
Indian Platinum Private Limited's registered office is in Mumbai, Maharashtra. Its website is palladiumchemicals.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address103 1st Floor Liberty Co – Op Hsg Society Sarojini Rd Vile Parle (West), Mumbai, Maharashtra, India – 400056
- IndustryChemicals and Materials, Industrial Chemicals
To see the full contact details of Indian Platinum 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
Business activity
The main business activity of Indian Platinum is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Indian Platinum Private Limited, buy the company report.
Financials of Indian Platinum Private Limited
FY 2024 filings availableIndian Platinum Private Limited reported revenue of ₹8.6 Cr (down 44% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 3% over three years, including a 44% fall in the latest year. EBITDA fell 15% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹35.1 Lakh | ||||
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| Net Profit (PAT) | ₹4.37 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 4.1% | ||||
| Net Profit Margin | 0.5% | ||||
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To see the full financial statements and ratios of Indian Platinum Private Limited, buy the company report.
Board of directors of Indian Platinum Private Limited
Indian Platinum has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nitin Kisandas Mehta Also directs: Advance Technological Contacts LLP, Addmore Chemicals LLP, Evans Chem India Private Limited and 1 more | Director | 20 Apr 2011 | 15 Years 6 Months | Current |
| Darshan Nitin Mehta Also directs: Advance Technological Contacts LLP, Addmore Chemicals LLP, Neofutura Healthcare LLP and 2 more | Director | 20 Apr 2011 | 15 Years 6 Months | Current |
Auditor
Indian Platinum Private Limited is audited by SIKANDER L. BAID for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SIKANDER L. BAID | FY 2023 | 112777 |
Shareholding
The shareholding of Indian Platinum 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 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Indian Platinum Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Dec 2012 | 10397357 | Others | ₹2.2 Cr | Open |
To see the full charge records of Indian Platinum Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Indian Platinum Private Limited has 2 court cases on record: 2 filed against it. 1 case is pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 2 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, MAHARASHTRA | Interim or miscellaneous application | Filed against the company by Hindustan Platinum Pvt. Ltd. | Pending |
| High Court, MAHARASHTRA | Court case (COMIP) | Filed against the company by Hindustan Platinum Pvt. Ltd. | Disposed |
To see the full case history of Indian Platinum 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 Indian Platinum Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Indian Platinum has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCI5908E1ZP | Maharashtra | Active | 10 Dec 2019 |
| 24AACCI5908E1ZV | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Indian Platinum Private Limited, buy the company report.
Recent activity
Indian Platinum Private Limited has 3 board changes on record since 2011: 2 appointments and 1 cessation. The latest: Dhara Darshan Mehta ceased to be Director on 05 Oct 2014.
Frequently asked questions
Indian Platinum is an active private limited company based in Mumbai, Maharashtra, India. The company works in industrial chemicals, within the chemicals and materials industry. It was incorporated on 20 April 2011 (15+ years old) and is registered under CIN U93090MH2011PTC216462.
Indian Platinum has 2 current directors:
- Nitin Kisandas Mehta - Director
- Darshan Nitin Mehta - Director
The latest financial statements of Indian Platinum 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 Indian Platinum is 27AACCI5908E1ZP, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 24AACCI5908E1ZV (Gujarat).
The CIN (Corporate Identification Number) of Indian Platinum is U93090MH2011PTC216462. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Indian Platinum has 2 court cases on record: 2 filed against it. 1 is pending.
Indian Platinum was incorporated on 20 April 2011, making it 15+ years old. It is registered with the Registrar of Companies, Mumbai.
Dhara Darshan Mehta ceased to be Director on 05 Oct 2014. Darshan Nitin Mehta was appointed as Director on 20 Apr 2011. Nitin Kisandas Mehta was appointed as Director on 20 Apr 2011.
Yes, Indian Platinum is registered as a small enterprise under Udyam registration (number: UDYAM-MH-18-0082976).
Indian Platinum can be reached through the website palladiumchemicals.com. Its registered office is in Mumbai, Maharashtra, India.

