- Category
- Medium (2023-24)
- Udyam number
- UDYAM-DD-01-0000772

About Ipsa Texchem Private Limited
Data last updated:
Ipsa Texchem 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 16 August 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24100MH1999PTC121291. Its GSTIN is 27AAACI5746C2ZQ (Maharashtra). The company holds 5 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹4.94 Lakh. It is led by directors Yogesh Dev Sawhney (Managing Director) and Vijendra Dev Sawhney.
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 141 Laxmi Plaza Laxmi Industrial Estate New Link Road Andheri (W), Mumbai, Maharashtra, India – 400053.
As per the financials filed for FY 2025, the company reported a revenue of ₹69.22 Cr, a growth of 6% compared to the previous year. For the same year it recorded a net profit of ₹6.86 Cr (net margin 9.9%) and EBITDA of ₹9.09 Cr (EBITDA margin 13.1%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years and 1% over five years.
The company has about 31 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹20 Cr and satisfied charges of ₹16.35 Cr on record. Court records list 2 cases involving the company, including 2 filed against it.
Ipsa Texchem Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-DD-01-0000772). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ipsatexchem.com.
Company details
Recognitions & Rankings of Ipsa Texchem
Contact details
Ipsa Texchem Private Limited's registered office is in Mumbai, Maharashtra. Its website is ipsatexchem.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address141 Laxmi Plaza Laxmi Industrial Estate New Link Road Andheri (W), Mumbai, Maharashtra, India – 400053
- IndustryChemicals and Materials, Petrochemicals & Derivatives
To see the full contact details of Ipsa Texchem 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 Ipsa Texchem 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 Ipsa Texchem Private Limited, buy the company report.
Financials of Ipsa Texchem Private Limited
FY 2025 filings availableIpsa Texchem Private Limited reported revenue of ₹69.22 Cr (up 6% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 1% over five years, including 6% growth in the latest year. EBITDA fell 10% 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 | ₹9.09 Cr | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹6.86 Cr | ||||
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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 | 13.1% | ||||
| Net Profit Margin | 9.9% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Ipsa Texchem Private Limited, buy the company report.
Board of directors of Ipsa Texchem Private Limited
Ipsa Texchem 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 |
|---|---|---|---|---|
| Yogesh Dev Sawhney | Managing Director | 16 Aug 1999 | 27 Years 2 Months | Current |
| Vijendra Dev Sawhney | Director | 16 Aug 1999 | 27 Years 2 Months | Current |
Peer comparison
Ipsa Texchem Private Limited is compared with the 6 companies closest to it by revenue in the Chemicals industry (Specialty Chemicals), 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 |
|---|---|---|---|---|---|---|
| Chemtex Speciality Limited | ₹70.07 Cr (FY 2024) | -7.0% | Kolkata, West Bengal, India | |||
| Shree Ram Colloids Private Limited | ₹69.46 Cr (FY 2025) | 27.0% | Jodhpur, Rajasthan, India | |||
| Colour Chromes Private Limited | ₹69.31 Cr (FY 2024) | 26.0% | Kolkata, West Bengal, India | |||
| Ipsa Texchem Private Limitedthis company | ₹69.22 Cr (FY 2025) | ₹6.86 Cr | 9.9% | 6.0% | 31 | Mumbai, Maharashtra, India |
| Dkic Private Limited | ₹69.13 Cr (FY 2024) | -2.0% | Navi Mumbai, Maharashtra, India | |||
| CS Specialty Chemicals Private Limited | ₹68.48 Cr (FY 2025) | -2.0% | Dahej, Gujarat, India | |||
| Kayrpee Vanijya Private Limited | ₹68.26 Cr (FY 2024) | 16.0% | Vadodra, Gujarat, India |
To see the full peer comparison of Ipsa Texchem Private Limited, buy the company report.
Auditor
Ipsa Texchem Private Limited is audited by FALOD & MAHESHWARI for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| FALOD & MAHESHWARI | FY 2023 | 151051W |
Shareholding
The shareholding of Ipsa Texchem 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 Ipsa Texchem Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Aug 2021 | 100476978 | Axis Bank Limited | ₹6.5 Cr | Open | |
| 02 Jan 2020 | 100317059 | Axis Bank Limited | ₹6.5 Cr | Open | |
| 28 Nov 2018 | 100223645 | Axis Bank Limited | ₹7 Cr | Open | |
| 22 Sep 2012 | 10381347 | Development Credit Bank Limited | ₹1.25 Cr | Satisfied | |
| 11 Apr 2012 | 10358376 | Development Credit Bank Limited | ₹1.25 Cr | Satisfied |
To see the full charge records of Ipsa Texchem Private Limited, buy the company report.
Total charge records: 8 View all charges
Legal cases
Ipsa Texchem Private Limited has 2 court cases on record: 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Ss casess) | Filed against the company by Mumbai Municipal Corporation K W Ward Mumbai | Disposed |
| District court, Mumbai Motor Accident Claims T, Maharashtra | Motor accident claim | Filed against the company by an individual | Disposed |
To see the full case history of Ipsa Texchem 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
Ipsa Texchem Private Limited was last rated by Crisil on 17 Feb 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 17 Feb 2021 |
To see the full credit ratings and regulatory alerts of Ipsa Texchem Private Limited, buy the company report.
MSME payment delays
Ipsa Texchem Private Limited has 11 MSME Form 1 returns on record between 2019 and 2023, listing 53 overdue payments to 26 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 26)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Shree Vallabh Chemical | |||
| Anshu Trans Logistic | |||
| Shree Krishna Motors | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Ipsa Texchem Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Ipsa Texchem Private Limited has a workforce of 31 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
GST
Ipsa Texchem has 5 GST registrations: 3 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACI5746C2ZQ | Maharashtra | Active | 08 Aug 2017 |
| 27AAACI5746C3ZP | Maharashtra | Active | 01 May 2020 |
| 26AAACI5746C1ZT | Daman & Diu | Active | 01 Aug 2020 |
To see the full GST registrations and return filing status of Ipsa Texchem Private Limited, buy the company report.
Recent activity
Ipsa Texchem Private Limited has 4 board changes on record since 1999: 3 appointments and 1 cessation. The latest: Devkumar Multaniram Sawhney ceased to be Director on 21 Sep 2022.
13 earlier events are in the company report.
Frequently asked questions
Ipsa Texchem 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 16 August 1999 (27+ years old) and is registered under CIN U24100MH1999PTC121291.
Ipsa Texchem has 2 current directors:
- Yogesh Dev Sawhney - Managing Director
- Vijendra Dev Sawhney - Director
The latest financial statements of Ipsa Texchem 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 Ipsa Texchem is 27AAACI5746C2ZQ, registered in Maharashtra. The company has 5 GST registrations in all, of which 3 are active and 2 are cancelled or inactive. Other active GSTINs include 27AAACI5746C3ZP (Maharashtra), 26AAACI5746C1ZT (Daman & Diu).
The CIN (Corporate Identification Number) of Ipsa Texchem is U24100MH1999PTC121291. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ipsa Texchem has 2 court cases on record: 2 filed against it.
Ipsa Texchem was incorporated on 16 August 1999, making it 27+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Ipsa Texchem by revenue are Chemtex Speciality Limited, Shree Ram Colloids Private Limited, Colour Chromes Private Limited, Dkic Private Limited, CS Specialty Chemicals Private Limited and 1 more, all in the Chemicals industry (Specialty Chemicals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Devkumar Multaniram Sawhney ceased to be Director on 21 Sep 2022. Devkumar Multaniram Sawhney was appointed as Director on 03 Jan 2000. Vijendra Dev Sawhney was appointed as Director on 16 Aug 1999. Ipsa Texchem has 4 board changes on record in total.
Yes, Ipsa Texchem is registered as a medium enterprise under Udyam registration (number: UDYAM-DD-01-0000772).
Ipsa Texchem has 11 MSME Form 1 returns on record between 2019 and 2023, listing 53 overdue payments to 26 micro and small suppliers. The latest return was filed on 05 Nov 2023.
Ipsa Texchem can be reached through the website ipsatexchem.com. Its registered office is in Mumbai, Maharashtra, India.

