- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-33-0176940
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About Megachem Specialty Chemicals (I) Private Limited
Data last updated:
Megachem Specialty Chemicals (I) Private Limited is a foreign private limited company based in Navi Mumbai, Maharashtra, India, a subsidiary of Megachem Limited. It operates in the chemical distribution and retail segment of the chemicals and materials sector. It was incorporated on 17 July 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24100MH2009FTC194178. Its GSTIN is 27AAGCM1076M1Z5 (Maharashtra).
The company has an authorised share capital of ₹9 Cr and a paid-up capital of ₹7.62 Cr. It was formerly known as Mgi Chemicals Private Limited. It is led by directors including Sanjaya Kumar Panda and Choon Tee Chew.
Its last annual general meeting (AGM) was held on 20 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 702 And 703 Fairmount Plot No.4 To 6 Sec – 17 Sanpad Navi Mumbai, Maharashtra, India – 400705.
As per the financials filed for FY 2025, the company reported a revenue of ₹18.27 Cr, a decline of 14% compared to the previous year. For the same year it recorded a net loss of ₹2.77 Cr (net margin -15.1%) and EBITDA of -₹2.13 Cr (EBITDA margin -11.7%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years and 2% over five years.
The company has about 15 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: MegaChem. Court records list 16 cases involving the company, including 16 filed by the company.
Megachem Specialty Chemicals (I) Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-33-0176940). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website megachem.com.
Company details
Recognitions & Rankings of Megachem Specialty Chemicals (I)
Contact details
Megachem Specialty Chemicals (I) Private Limited's registered office is in Navi Mumbai, Maharashtra. Its website is megachem.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address702 And 703 Fairmount Plot No.4 To 6 Sec – 17 Sanpad Navi Mumbai, Maharashtra, India – 400705
- IndustryChemicals and Materials, Chemical Distribution & Retail
To see the full contact details of Megachem Specialty Chemicals (I) 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
Megachem Specialty Chemicals (I) operates one associated brand: MegaChem. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Contract manufacturing and distribution of coatings and chemicals are conducted. | megachem.com |
Business activity
The main business activity of Megachem Specialty Chemicals (I) 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 Megachem Specialty Chemicals (I) Private Limited, buy the company report.
Financials of Megachem Specialty Chemicals (I) Private Limited
FY 2024 filings availableMegachem Specialty Chemicals (I) Private Limited reported revenue of ₹18.27 Cr (down 14% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 14% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 2%. EBITDA rose 23% 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 | -₹2.13 Cr | ||||
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| Net Profit (PAT) | -₹2.77 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 | -11.7% | ||||
| Net Profit Margin | -15.1% | ||||
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To see the full financial statements and ratios of Megachem Specialty Chemicals (I) Private Limited, buy the company report.
Board of directors of Megachem Specialty Chemicals (I) Private Limited
Megachem Specialty Chemicals (I) has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjaya Kumar Panda | Director | 20 Dec 2023 | 2 Years 10 Months | Current |
| Choon Tee Chew | Director | 30 Jul 2009 | 17 Years 3 Months | Current |
| Yau Thiam Hwa | Director | 08 Sep 2021 | 5 Years 2 Months | Current |
Auditor
Megachem Specialty Chemicals (I) Private Limited is audited by SURESHSURANA&ASSOCIATES LLP for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SURESHSURANA&ASSOCIATES LLP | FY 2022 | 121750W |
Shareholding
The shareholding of Megachem Specialty Chemicals (I) 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 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Megachem Specialty Chemicals (I) Private Limited, buy the company report.
Legal cases
Megachem Specialty Chemicals (I) Private Limited has 16 court cases on record: 16 filed by Megachem Specialty Chemicals (I). All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 16 | 0 | 0 |
Cases on record (5 of 16)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thane, Maharashtra | Court case (Civil M.A.) | Filed by the company against Acme Jelly Products Private Limited and 4 others | Disposed |
| District court, Aurangabad, Maharashtra | Court case (Sum.Civ.Suit) | Filed by the company against Trimurti Foodtech Private Limited | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed by the company against Fabtech Technologies International Pvt Ltd | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Private cases SS) | Filed by the company against Trimurti Foodtech Pvt Ltd and Ors and 1 other | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (SUMMONS FOR JUDGT) | Filed by the company against Fabtech Technologies International Private Limited | Disposed |
To see the full case history of Megachem Specialty Chemicals (I) 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
Megachem Specialty Chemicals (I) Private Limited has 5 MSME Form 1 returns on record between 2019 and 2023, listing 8 overdue payments to 5 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 5)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Express Cargo Porters Private Limited | |||
| an individual supplier | |||
| Pioneer Management Consultant Private Limited | |||
| Confluence Valley Private Limited | |||
| Kemstar Process Solutions |
To see the full MSME payment records of Megachem Specialty Chemicals (I) Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Megachem Specialty Chemicals (I) Private Limited has a workforce of 15 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 15 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 |
To see the full employee and EPFO history of Megachem Specialty Chemicals (I) Private Limited, buy the company report.
GST
Megachem Specialty Chemicals (I) has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCM1076M1Z5 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Megachem Specialty Chemicals (I) Private Limited, buy the company report.
Recent activity
Megachem Specialty Chemicals (I) Private Limited has 8 board changes on record since 2009: 3 appointments and 5 cessations. The latest: Sanjaya Kumar Panda ceased to be Additional Director on 19 Sep 2024.
Frequently asked questions
Megachem Specialty Chemicals (I) is an active foreign private limited company based in Navi Mumbai, Maharashtra, India. The company works in chemical distribution and retail, within the chemicals and materials industry. It was incorporated on 17 July 2009 (17+ years old) and is registered under CIN U24100MH2009FTC194178.
Megachem Specialty Chemicals (I) has 3 current directors:
- Sanjaya Kumar Panda - Director
- Choon Tee Chew - Director
- Yau Thiam Hwa - Director
The latest financial statements of Megachem Specialty Chemicals (I) on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 20 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Megachem Specialty Chemicals (I) is 27AAGCM1076M1Z5, registered in Maharashtra.
The CIN (Corporate Identification Number) of Megachem Specialty Chemicals (I) is U24100MH2009FTC194178. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Megachem Specialty Chemicals (I) has 16 court cases on record: 16 filed by the company.
Megachem Specialty Chemicals (I) was incorporated on 17 July 2009, making it 17+ years old. It is registered with the Registrar of Companies, Mumbai.
Sanjaya Kumar Panda ceased to be Additional Director on 19 Sep 2024. Sanjaya Kumar Panda was appointed as Director on 20 Dec 2023. Swagat Hari Waghmode ceased to be Additional Director on 21 Sep 2023. Megachem Specialty Chemicals (I) has 8 board changes on record in total.
Yes, Megachem Specialty Chemicals (I) is registered as a small enterprise under Udyam registration (number: UDYAM-MH-33-0176940).
Megachem Specialty Chemicals (I) has 5 MSME Form 1 returns on record between 2019 and 2023, listing 8 overdue payments to 5 micro and small suppliers. The latest return was filed on 29 Aug 2023.
Megachem Specialty Chemicals (I) can be reached through the website megachem.com. Its registered office is in Navi Mumbai, Maharashtra, India.

