Mayank Chemiplast Private Limited
About Mayank Chemiplast Private Limited
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Mayank Chemiplast 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 18 June 1984 and has been in existence for over 42 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24100MH1984PTC033179. Its GSTIN is 27AAACM7702N1Z8 (Maharashtra).
The company has an authorised share capital of ₹35 Lakh and a paid-up capital of ₹25 Lakh. It is led by directors Mayank Chaudhary (Managing Director) and Vasudeo Chaudhary.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.29 Cr, a decline of 96% compared to the previous year. For the same year it recorded a net loss of ₹3.33 Cr (net margin -257%) and EBITDA of -₹3.32 Cr (EBITDA margin -256.8%). Revenue has declined at a compounded annual rate (CAGR) of 74% over three years and 17% over five years.
As per MCA filings, the company has open charges of ₹11.89 Cr and satisfied charges of ₹1.19 Cr on record. Court records list 9 cases involving the company, including 2 filed by the company and 7 filed against it; 3 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Mayank Chemiplast Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressBunglow No. 10 Abhishek, Char Bangla Road Near Hdfc Bank Versova, Mumbai, Maharashtra, India – 400058
- IndustryChemicals and Materials, Chemical Distribution & Retail
To see the full contact details of Mayank Chemiplast 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 activities of Mayank Chemiplast are trade and real estate. In detail, this covers wholesale trading and real estate activities with own or leased property. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | |
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of Mayank Chemiplast Private Limited, buy the company report.
Financials of Mayank Chemiplast Private Limited
FY 2025 filings availableMayank Chemiplast Private Limited reported revenue of ₹1.29 Cr (down 96% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 17% over five years, including a 96% fall 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 | -₹3.32 Cr | ||||
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| Net Profit (PAT) | -₹3.33 Cr | ||||
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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 | -256.8% | ||||
| Net Profit Margin | -257% | ||||
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To see the full financial statements and ratios of Mayank Chemiplast Private Limited, buy the company report.
Board of directors of Mayank Chemiplast Private Limited
Mayank Chemiplast has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vasudeo Chaudhary | Director | 21 Dec 2020 | 5 Years 10 Months | Current |
| Mayank Chaudhary | Managing Director | 16 Jan 1991 | 35 Years 9 Months | Current |
Peer comparison
Mayank Chemiplast Private Limited is compared with the 4 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 |
|---|---|---|---|---|---|---|
| Visata Pet-Chem Private Limited | ₹1.3 Cr (FY 2019) | Coimbatore, Tamil Nadu, India | ||||
| Omatek Lubes Private Limited | ₹1.3 Cr (FY 2024) | 5.0% | Hyderabad, Telangana, India | |||
| Mayank Chemiplast Private Limitedthis company | ₹1.29 Cr (FY 2024) | -₹3.33 Cr | -257% | -96.0% | Mumbai, Maharashtra, India | |
| Gandhi Refractories Private Limited | ₹1.29 Cr (FY 2024) | -43.0% | Jhansi, Uttar Pradesh, India | |||
| Asia Resins and Polymers Private Limited | ₹1.29 Cr (FY 2017) | 68.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Mayank Chemiplast Private Limited, buy the company report.
Auditor
Mayank Chemiplast Private Limited is audited by ASHOK BHATIA & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ASHOK BHATIA & ASSOCIATES | FY 2020 | 138154W |
Shareholding
The shareholding of Mayank Chemiplast Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Mayank Chemiplast Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Jul 2020 | 100383918 | Others | ₹1.95 Cr | Open | |
| 14 Nov 2013 | 10459906 | Kotak Mahindra Bank Limited | ₹4.1 Cr | Open | |
| 31 Jul 2010 | 10232685 | Standard Chartered Bank | ₹80 Lakh | Open | |
| 28 Mar 2008 | 10095195 | Others | ₹4.95 Cr | Open | |
| 03 Feb 1998 | 90214701 | Development Credit Bank | ₹3 Lakh | Open |
To see the full charge records of Mayank Chemiplast Private Limited, buy the company report.
Total charge records: 10 View all charges
Legal cases
Mayank Chemiplast Private Limited has 9 court cases on record: 2 filed by Mayank Chemiplast, 7 filed against it. 3 cases are pending and 6 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 3 | 3 |
| District courts | 4 | 4 | 0 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, MAHARASHTRA | Writ petition | Filed by the company against HDB Financial Services Ltd. | Disposed |
| District court, Ahmedabad, Gujarat | Court case (CR EN) | Filed against the company by Kotak Mahindra Bank Ltd | Disposed |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Kotak Mahindra Bank Ltd | Disposed |
| Bombay High Court | Writ petition | Filed by the company against The State of Maharashtra Throu. Govt Pleader and Ors | Pending |
| Bombay High Court | Court case (S) | Filed against the company | Pending |
To see the full case history of Mayank Chemiplast 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 Mayank Chemiplast Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Mayank Chemiplast has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACM7702N1Z8 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Mayank Chemiplast Private Limited, buy the company report.
Recent activity
Mayank Chemiplast Private Limited has 5 board changes on record since 1991: 2 appointments and 3 cessations. The latest: Vasudeo Chaudhary ceased to be Additional Director on 30 Nov 2021.
13 earlier events are in the company report.
Frequently asked questions
Mayank Chemiplast 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 18 June 1984 (42+ years old) and is registered under CIN U24100MH1984PTC033179.
Mayank Chemiplast has 2 current directors:
- Mayank Chaudhary - Managing Director
- Vasudeo Chaudhary - Director
The latest financial statements of Mayank Chemiplast 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 Mayank Chemiplast is 27AAACM7702N1Z8, registered in Maharashtra.
The CIN (Corporate Identification Number) of Mayank Chemiplast is U24100MH1984PTC033179. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mayank Chemiplast has 9 court cases on record: 2 filed by the company and 7 filed against it. 3 are pending. Most are in the high courts.
Mayank Chemiplast was incorporated on 18 June 1984, making it 42+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Mayank Chemiplast by revenue are Visata Pet-Chem Private Limited, Omatek Lubes Private Limited, Gandhi Refractories Private Limited, Asia Resins and Polymers Private Limited, all in the Chemicals industry (Chemical Retail and Distribution), with the same principal business activity (wholesale trading).
Vasudeo Chaudhary ceased to be Additional Director on 30 Nov 2021. Monika Mayank Chaudhary ceased to be Director on 19 Jun 2021. Vasudeo Chaudhary was appointed as Director on 21 Dec 2020. Mayank Chemiplast has 5 board changes on record in total.
The registered office of Mayank Chemiplast is at Bunglow No. 10 Abhishek, Char Bangla Road Near Hdfc Bank Versova, Mumbai, Maharashtra, India – 400058.
Mayank Chemiplast operates in the chemicals and materials industry, in the chemical distribution and retail segment.