India's Richest People 2026 edition · 2 directors · Source: Hurun India
- #852 Souvik Sengupta ₹3,500 Cr
- #852 Aaditya Sharda ₹3,500 Cr
Revenue · FY 2023
₹2,191.57 Cr
▲ 11% YoY
Net profit · FY 2023
₹46.79 Cr
Net margin 2.1%
EBITDA · FY 2023
₹143.64 Cr
EBITDA margin 6.6%
Authorised capital
₹10 Cr
Registered with MCA
Paid-up capital
₹5 Cr
Issued & subscribed
Open charges
₹571 Cr
Satisfied ₹315 Cr
Company age
5 yrs
Est. 2021
Directors on board
3
As per MCA filings
About Hella Chemical Market Private Limited
Data last updated:
Hella Chemical Market Private Limited is a private limited company based in Thane, Maharashtra, India, a subsidiary of Hella Infra Market Private Limited. It operates in the chemical distribution and retail segment of the chemicals and materials sector. It was incorporated on 19 March 2021 and has been in existence for over 5 years.
Its director Souvik Sengupta is #852 among India's richest people (2026). Its director Aaditya Sharda is #852 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51909MH2021PTC357441. Its GSTIN is 27AAFCH7153R1ZV (Maharashtra). The company holds 4 GST registrations, all of them active.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹5 Cr. It is led by directors including Souvik Pulakesh Sengupta and Abhishek Baban Thite.
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 2nd Floor Office No. 201 Olethia Business Spaces Plot No. A – 184 And A – 185 Road No. 16Z, Opposite Ashar IT Park Wagle Industrial Estate Thane (West) 400604 Maharashtra India, Maharashtra, India – 400604.
As per the financials filed for FY 2023, the company reported a revenue of ₹2,191.57 Cr, a growth of 11% compared to the previous year. For the same year it recorded a net profit of ₹46.79 Cr (net margin 2.1%) and EBITDA of ₹143.64 Cr (EBITDA margin 6.6%).
As per MCA filings, the company has open charges of ₹571 Cr and satisfied charges of ₹315 Cr on record. Court records list 5 cases involving the company, including 4 filed by the company and 1 filed against it; 2 cases are pending. The company has 4 deals on record (4 debt financings), with disclosed funding of ₹484.43 Cr; the latest was in October 2023. Its 4 peer companies in the Chemicals industry (Chemical Retail and Distribution), with the same principal business activity (wholesale trading) are compared by revenue, 1 larger and 3 smaller; the largest is Sanjay Chemicals (India) Private Limited with revenue of ₹3,222.39 Cr.
For more details, the company can be reached via its website chemical.market.
Company details
CIN U51909MH2021PTC357441
Registration Number 357441
Incorporation Date 19 March 2021
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Parent Company Hella Infra Market Private Limited
Key People
Souvik Pulakesh Sengupta Director Abhishek Baban Thite Director Aaditya Gajendra Sharda Director Recognitions & Rankings of Hella Chemical Market
Contact details
Hella Chemical Market Private Limited's registered office is in Thane, Maharashtra. Its website is chemical.market. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address2nd Floor Office No. 201 Olethia Business Spaces Plot No. A – 184 And A – 185 Road No. 16Z, Opposite Ashar IT Park Wagle Industrial Estate Thane (West) 400604 Maharashtra India, Maharashtra, India – 400604
- IndustryChemicals and Materials, Chemical Distribution & Retail
To see the full contact details of Hella Chemical Market Private Limited, buy the company report.
Comprehensive company report
Hella Chemical Market Private Limited - one report that includes everything
- 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
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Business activity
The main business activity of Hella Chemical Market 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 Hella Chemical Market Private Limited, buy the company report.
Financials of Hella Chemical Market Private Limited
FY 2024 filings availableHella Chemical Market Private Limited reported revenue of ₹2,191.57 Cr (up 11% YoY) for FY 2023.
Revenue · FY 2023
₹2,191.57 Cr ▲ 11%
Net profit · FY 2023
₹46.79 Cr margin 2.1%
EBITDA · FY 2023
₹143.64 Cr margin 6.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 11%
Revenue rose 11% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹2,191.57 Cr | ||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹143.64 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹46.79 Cr | ||
| Balance Sheet | |||
| Share Capital | |||
| Reserves and Surplus | |||
| Net Worth (Total Equity) | |||
| Long-term Borrowings | |||
| Short-term Borrowings | |||
| Trade Payables | |||
| Total Liabilities | |||
| Fixed Assets | |||
| Investments | |||
| Inventories | |||
| Trade Receivables | |||
| Cash and Bank Balance | |||
| Total Assets | |||
Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 6.6% | ||
| Net Profit Margin | 2.1% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
| Liquidity and Debt | |||
| Current Ratio | |||
| Quick Ratio | |||
| Debt-to-Equity Ratio | |||
| Interest Coverage Ratio | |||
| Efficiency and Growth | |||
| Asset Turnover | |||
| Receivable Days | |||
| Payable Days | |||
| Inventory Days | |||
| Revenue Growth | |||
| Net Profit Growth | |||
To see the full financial statements and ratios of Hella Chemical Market Private Limited, buy the company report.
Board of directors of Hella Chemical Market Private Limited
Hella Chemical Market has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Souvik Pulakesh Sengupta | Director | 19 Mar 2021 | 5 Years 7 Months | Current |
| Abhishek Baban Thite | Director | 12 Jul 2025 | 1 Years 3 Months | Current |
| Aaditya Gajendra Sharda | Director | 23 Jul 2021 | 5 Years 3 Months | Current |
Peer comparison
Hella Chemical Market 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 |
|---|---|---|---|---|---|---|
| Sanjay Chemicals (India) Private Limited | ₹3,222.39 Cr (FY 2025) | 17.0% | Mumbai, Maharashtra, India | |||
| Hella Chemical Market Private Limitedthis company | ₹2,191.57 Cr (FY 2023) | ₹46.79 Cr | 2.1% | 11.0% | Thane, Maharashtra, India | |
| Tricon Energy India Private Limited | ₹2,179.12 Cr (FY 2025) | 47.0% | Mumbai, Maharashtra, India | |||
| Signet Excipients Private Limited | ₹2,040.58 Cr (FY 2025) | 2.0% | Mumbai, Maharashtra, India | |||
| Sushila Parmar International Private Limited | ₹1,969.93 Cr (FY 2025) | -22.0% | Pune, Maharashtra, India |
To see the full peer comparison of Hella Chemical Market Private Limited, buy the company report.
Auditor
Hella Chemical Market Private Limited is audited by Walker Chandiok and Co LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Walker Chandiok and Co LLP | FY 2023 | 001076N |
Shareholding
The shareholding of Hella Chemical Market Private Limited is on record for 2 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Hella Chemical Market Private Limited, buy the company report.
Charges & borrowings
Open charges
₹571 Cr
Satisfied charges
₹315 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Sep 2025 | 101188517 | Others | ₹50 Cr | Open | |
| 22 Sep 2025 | 101181309 | Others | ₹100 Cr | Open | |
| 11 Feb 2025 | 101169771 | Others | ₹221 Cr | Open | |
| 27 Sep 2023 | 100867573 | Others | ₹200 Cr | Open | |
| 14 Dec 2021 | 100528809 | Others | ₹25 Cr | Satisfied |
To see the full charge records of Hella Chemical Market Private Limited, buy the company report.
Total charge records: 9 View all charges
Deals & funding
Hella Chemical Market Private Limited has 4 deals on record (4 debt financings), with disclosed funding of ₹484.43 Cr; the latest was in October 2023.
Total deals
4
Debt financings
4
Disclosed funding
₹484.43 Cr
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2023 | Debt financing | ₹294.43 Cr | Investors: Radhakrishna Ramnarain Private Limited , Ashibhadarsh Ventures Private Limited , Captain Steel India Limited |
| Dec 2021 | Debt financing | ₹50 Cr | Investors: Stride Ventures |
| Sep 2021 | Debt financing | ₹100 Cr | Investors: InnoVen Capital |
| May 2021 | Debt financing | ₹40 Cr | Investors: InnoVen Capital |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Hella Chemical Market Private Limited has 5 court cases on record: 4 filed by Hella Chemical Market, 1 filed against it. 2 cases are pending and 3 are disposed.
Total cases
5
Filed by the company
4
Filed against the company
1
Pending
2
Disposed
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 0 | 2 |
| High courts | 1 | 1 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Warangal, Telangana | Cheque dishonour complaint | Filed by the company against Heena Spices Pvt Ltd Rep by Proprietors SK Rawoof and Sanga Raju Kumar | Disposed |
| High Court | Court case (CARAP) | Filed against the company by Western Capital Advisors Private Limited | Disposed |
| District court, Thane, Maharashtra | Civil suit | Filed by the company against Prabhat Elastomers Pvt Ltd | Disposed |
| District court, Thane, Maharashtra | Civil suit | Filed by the company against Krishna Trading Company | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Case) | Filed by the company against Grahak Industries | Pending |
To see the full case history of Hella Chemical Market 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 Hella Chemical Market Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Hella Chemical Market Private Limited has 1 active EPFO establishment as of Jun 22, 2024.
Active EPFO establishments
1
GST
Hella Chemical Market has 4 GST registrations: 4 active.
Total GSTINs
4
Active
4
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCH7153R1ZV | Maharashtra | Active | 09 Apr 2021 |
| 24AAFCH7153R1Z1 | Gujarat | Active | 30 Aug 2022 |
| 07AAFCH7153R1ZX | Delhi | Active | 18 Jan 2024 |
| 33AAFCH7153R1Z2 | Tamil Nadu | Active | 25 Mar 2024 |
To see the full GST registrations and return filing status of Hella Chemical Market Private Limited, buy the company report.
Recent activity
Hella Chemical Market Private Limited has 6 board changes on record since 2021: 3 appointments and 3 cessations. The latest: Abhishek Baban Thite ceased to be Additional Director on 25 Sep 2025.
Charges
A charge with Others amounted to Rs. 50.00 Cr with Charge ID 101188517 was registered on 25 Sep 2025.
Ceased
Abhishek Baban Thite ceased to be Additional Director.
Charges
A charge with Others amounted to Rs. 100.00 Cr with Charge ID 101181309 was registered on 22 Sep 2025.
Appointed
Abhishek Baban Thite was appointed as Director.
Charges
A charge registered on 06 Dec 2021 via Charge ID 100520845 with Others was fully satisfied on 16 Jun 2025.
Charges
A charge registered on 01 Oct 2021 via Charge ID 100503412 with Others was fully satisfied on 13 May 2025.
Charges
A charge registered on 14 Dec 2021 via Charge ID 100528809 with Others was fully satisfied on 09 May 2025.
Charges
A charge registered on 03 Dec 2021 via Charge ID 100520852 with Others was fully satisfied on 09 May 2025.
Charges
A charge with Others amounted to Rs. 221.00 Cr with Charge ID 101169771 was registered on 11 Feb 2025.
AGM
Hella Chemical Market Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Hella Chemical Market Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Charges
A charge registered on 17 May 2021 via Charge ID 100447018 with Others was fully satisfied on 07 Mar 2024.
13 earlier events are in the company report.
Frequently asked questions
Hella Chemical Market is an active private limited company based in Thane, Maharashtra, India. The company works in chemical distribution and retail, within the chemicals and materials industry. It was incorporated on 19 March 2021 (5+ years old) and is registered under CIN U51909MH2021PTC357441.
Hella Chemical Market has 3 current directors:
- Souvik Pulakesh Sengupta - Director
- Abhishek Baban Thite - Director
- Aaditya Gajendra Sharda - Director
The latest financial statements of Hella Chemical Market 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 FY 2021 are in the company report.
The GSTIN of Hella Chemical Market is 27AAFCH7153R1ZV, registered in Maharashtra. The company has 4 GST registrations in all, of which 4 are active. Other active GSTINs include 24AAFCH7153R1Z1 (Gujarat), 07AAFCH7153R1ZX (Delhi), 33AAFCH7153R1Z2 (Tamil Nadu).
The CIN (Corporate Identification Number) of Hella Chemical Market is U51909MH2021PTC357441. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hella Chemical Market has 5 court cases on record: 4 filed by the company and 1 filed against it. 2 are pending. Most are in the district courts.
Hella Chemical Market was incorporated on 19 March 2021, making it 5+ years old. It is registered with the Registrar of Companies, Mumbai.
Hella Chemical Market has 4 deals on record (4 debt financings), with disclosed funding of ₹484.43 Cr; the latest was in October 2023.
The peers of Hella Chemical Market by revenue are Sanjay Chemicals (India) Private Limited, Tricon Energy India Private Limited, Signet Excipients Private Limited, Sushila Parmar International Private Limited, all in the Chemicals industry (Chemical Retail and Distribution), with the same principal business activity (wholesale trading).
Abhishek Baban Thite ceased to be Additional Director on 25 Sep 2025. Abhishek Baban Thite was appointed as Director on 12 Jul 2025. Aaditya Gajendra Sharda ceased to be Additional Director on 30 Sep 2022. Hella Chemical Market has 6 board changes on record in total.
Hella Chemical Market can be reached through the website chemical.market. Its registered office is in Thane, Maharashtra, India.
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