About Meridian Chem-Bond Private Limited
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Meridian Chem-Bond Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the specialty chemicals segment of the chemicals and materials sector. It was incorporated on 09 May 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24110MH1997PTC107919. Its GSTIN is 24AAACM7299J1Z2 (Gujarat). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹1.3 Cr. It was formerly known as Meridian Chem-Bond Limited. It is led by directors including Anil Bhanwarlal Jain (Managing Director) and Sambathukumar Sekharan Nair Nair (Whole-Time Director).
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 903 Raheja Centre Free Press Journal Marg Nariman Point, Mumbai, Maharashtra, India – 400021.
As per the financials filed for FY 2025, the company reported a revenue of ₹105.28 Cr, a growth of 58% compared to the previous year. For the same year it recorded a net profit of ₹4.38 Cr (net margin 4.2%) and EBITDA of ₹18.64 Cr (EBITDA margin 17.7%). Revenue has grown at a compounded annual rate (CAGR) of 21% over three years and 4% over five years.
Its group structure includes 1 subsidiary.
The company is associated with 1 brand: Meridian Chem Bond. As per MCA filings, the company has open charges of ₹20 Cr and satisfied charges of ₹117.7 Cr on record. Court records list 17 cases involving the company, including 9 filed by the company and 8 filed against it; 6 cases are pending. The company has 14 deals on record (13 secondary share transfers, 1 funding round), with disclosed funding of ₹8.32 Cr; the latest was in March 2022. Its 8 peer companies in the Chemicals industry (Specialty Chemicals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products) are compared by revenue, 4 larger and 4 smaller; the largest is Auchtel Products Limited with revenue of ₹106.86 Cr. The company has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 26 overdue payments to 2 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website meridianchembond.com.
Company details
CIN history
Meridian Chem-Bond has one previous CIN (Corporate Identification Number): U24110MH1997PLC107919. The current CIN is U24110MH1997PTC107919, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U24110MH1997PTC107919 | Current |
| U24110MH1997PLC107919 | Previous |
Contact details
Meridian Chem-Bond Private Limited's registered office is in Mumbai, Maharashtra. Its website is meridianchembond.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address903 Raheja Centre Free Press Journal Marg Nariman Point, Mumbai, Maharashtra, India – 400021
- IndustryChemicals and Materials, Specialty Chemicals
To see the full contact details of Meridian Chem-Bond 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
Meridian Chem-Bond operates one associated brand: Meridian Chem Bond. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures Mono Chloro Acetic Acid and derivatives for agrochemicals, pharma, and bulk drugs. | meridianchembond.com |
Business activity
The main business activity of Meridian Chem-Bond 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 Meridian Chem-Bond Private Limited, buy the company report.
Financials of Meridian Chem-Bond Private Limited
FY 2025 filings availableMeridian Chem-Bond Private Limited reported revenue of ₹105.28 Cr (up 58% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 4% over five years, including 58% growth in the latest year. EBITDA rose 203% 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 | ₹18.64 Cr | ||||
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| Net Profit (PAT) | ₹4.38 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 | 17.7% | ||||
| Net Profit Margin | 4.2% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Meridian Chem-Bond Private Limited, buy the company report.
Board of directors of Meridian Chem-Bond Private Limited
Meridian Chem-Bond has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sambathukumar Sekharan Nair Nair | Whole-Time Director | 01 Apr 2010 | 16 Years 7 Months | Current |
| Sharad Dalpatraj Munot | Whole-Time Director | 04 Jun 2003 | 23 Years 5 Months | Current |
| Anil Bhanwarlal Jain Also directs: Ratan Shanti Properties LLP, Meridian Foods Private Limited, Nakoda Spinning Mills Private Limited and 2 more | Managing Director | 01 Apr 2009 | 17 Years 7 Months | Current |
Peer comparison
Meridian Chem-Bond Private Limited is compared with the 8 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 |
|---|---|---|---|---|---|---|
| Auchtel Products Limited | ₹106.86 Cr (FY 2025) | -4.0% | Mumbai, Maharashtra, India | |||
| Mepco Industries Limited | ₹106.77 Cr (FY 2025) | -1.0% | Madurai, Tamil Nadu, India | |||
| Myk Laticrete Private Limited | ₹106.54 Cr (FY 2025) | 979.0% | Hyderabad, Telangana, India | |||
| Amazon Papyrus Chemicals Private Limited | ₹105.95 Cr (FY 2025) | 5.0% | Sangareddy, Telangana, India | |||
| Meridian Chem-Bond Private Limitedthis company | ₹105.28 Cr (FY 2025) | ₹4.38 Cr | 4.2% | 58.0% | Mumbai, Maharashtra, India | |
| Forace Speciality Chem Private Limited | ₹103.87 Cr (FY 2024) | 6.0% | Haridwar, Uttarakhand, India | |||
| Maharashtra Aldehydes and Chemicals Ltd | ₹103.31 Cr (FY 2025) | -7.0% | Mumbai, Maharashtra, India | |||
| Golden Cashew Products Private Limited | ₹103.1 Cr (FY 2025) | 40.0% | Puducherry, India | |||
| Kronox Lab Sciences Limited | ₹102.72 Cr (FY 2025) | 12.0% | Padra, Gujarat, India |
To see the full peer comparison of Meridian Chem-Bond Private Limited, buy the company report.
Auditor
Meridian Chem-Bond Private Limited is audited by S.R.Kabra & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.R.Kabra & Associates | FY 2023 | 114913W |
Shareholding
The shareholding of Meridian Chem-Bond 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 Meridian Chem-Bond Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 May 2025 | 101102010 | Others | ₹20 Cr | Open | |
| 20 Sep 2012 | 10377270 | Standard Chartered Bank | ₹17.4 Cr | Satisfied | |
| 15 May 2012 | 10357598 | Kotak Mahindra Bank Limited | ₹26.25 Cr | Satisfied | |
| 15 May 2012 | 10363409 | Others | ₹34.25 Cr | Satisfied | |
| 26 Aug 2011 | 10303385 | Kotak Mahindra Bank Limited | ₹3.4 Cr | Satisfied |
To see the full charge records of Meridian Chem-Bond Private Limited, buy the company report.
Total charge records: 7 View all charges
Deals & funding
Meridian Chem-Bond Private Limited has 14 deals on record (13 secondary share transfers, 1 funding round), with disclosed funding of ₹8.32 Cr; the latest was in March 2022.
Deals on record (5 of 14)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2022 | Secondary share transfer | Undisclosed | Buyer: Nakoda Investments, an individual Seller: 2 individuals |
| Sep 2021 | Secondary share transfer | Undisclosed | Seller: Shankala Export Private Limited, Mahalaxmi Gems Pvt Ltd , Sundram Gems Private Limited, an individual |
| Sep 2018 | Secondary share transfer | Undisclosed | Seller: an individual |
| Sep 2015 | Secondary share transfer | Undisclosed | Seller: an individual |
| Mar 2006 | Funding round | ₹8.32 Cr | Investors: Dharmichand Jain HUF, 3 individuals |
To see the full deal history of Meridian Chem-Bond 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
Meridian Chem-Bond Private Limited has 17 court cases on record: 9 filed by Meridian Chem-Bond, 8 filed against it. 6 cases are pending and 11 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 9 | 4 | 2 |
| High courts | 8 | 4 | 4 |
Cases on record (5 of 17)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Interim or miscellaneous application | Filed against the company by PR Commissioner of Income Tax 5 Mumbai | Pending |
| District court, Bharuch, Gujarat | Commercial matter | Filed by the company against individuals | Pending |
| District court, Ujjain, Madhya Pradesh | Court case (RCS B) | Filed against the company by an individual | Pending |
| High Court, GUJARAT | Special civil application | Filed by the company against individuals | Pending |
| District court, Bharuch, Gujarat | Court case (CMA SC) | Filed against the company by Shreeji Construction Co. | Disposed |
To see the full case history of Meridian Chem-Bond 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
Meridian Chem-Bond Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 26 overdue payments to 2 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 (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Bhavna Electric & Machinery Stores Private Limited |
To see the full MSME payment records of Meridian Chem-Bond Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Meridian Chem-Bond has 1 subsidiary company and 1 associated 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 |
|---|---|---|
| Meridian Foods Private Limited | U15137MH2009PTC192166 |
To see the full group structure of Meridian Chem-Bond Private Limited, buy the company report.
GST
Meridian Chem-Bond has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACM7299J1Z2 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Meridian Chem-Bond Private Limited, buy the company report.
Recent activity
Meridian Chem-Bond Private Limited has 7 board changes on record since 2003: 3 appointments and 4 cessations. The latest: Manoj Narrottam Patil ceased to be Director on 01 Dec 2011.
15 earlier events are in the company report.
Frequently asked questions
Meridian Chem-Bond is an active private limited company based in Mumbai, Maharashtra, India. The company works in specialty chemicals, within the chemicals and materials industry. It was incorporated on 09 May 1997 (29+ years old) and is registered under CIN U24110MH1997PTC107919.
Meridian Chem-Bond has 3 current directors:
- Anil Bhanwarlal Jain - Managing Director
- Sambathukumar Sekharan Nair Nair - Whole-Time Director
- Sharad Dalpatraj Munot - Whole-Time Director
The latest financial statements of Meridian Chem-Bond 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 Meridian Chem-Bond is 24AAACM7299J1Z2, registered in Gujarat. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Meridian Chem-Bond is U24110MH1997PTC107919. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Meridian Chem-Bond has 17 court cases on record: 9 filed by the company and 8 filed against it. 6 are pending. Most are in the district courts.
Meridian Chem-Bond was incorporated on 09 May 1997, making it 29+ years old. It is registered with the Registrar of Companies, Mumbai.
Meridian Chem-Bond has 14 deals on record (13 secondary share transfers, 1 funding round), with disclosed funding of ₹8.32 Cr; the latest was in March 2022.
The peers of Meridian Chem-Bond by revenue are Auchtel Products Limited, Mepco Industries Limited, Myk Laticrete Private Limited, Amazon Papyrus Chemicals Private Limited, Forace Speciality Chem Private Limited and 3 more, all in the Chemicals industry (Specialty Chemicals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Manoj Narrottam Patil ceased to be Director on 01 Dec 2011. Mohan Motwani ceased to be Whole-Time Director on 13 Jun 2011. Sambathukumar Sekharan Nair Nair was appointed as Whole-Time Director on 01 Apr 2010. Meridian Chem-Bond has 7 board changes on record in total.
Meridian Chem-Bond has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 26 overdue payments to 2 micro and small suppliers. The latest return was filed on 08 Jun 2019.
Meridian Chem-Bond can be reached through the website meridianchembond.com. Its registered office is in Mumbai, Maharashtra, India.
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