MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-19-0089191
Osnar Chemical Private Limited - chemicals and materials in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹13.34 Cr
▼ 69% YoY
Net loss · FY 2023
₹1.44 Lakh
Net margin -0.1%
EBITDA · FY 2023
₹1.05 Cr
EBITDA margin 7.9%
Authorised capital
₹3 Cr
Registered with MCA
Paid-up capital
₹2.13 Cr
Issued & subscribed
Open charges
₹10.72 Cr
Satisfied ₹1.12 Lakh
Company age
54 yrs
Est. 1972
Employees · EPFO
14
Provident fund records
About Osnar Chemical Private Limited
Data last updated:
Osnar Chemical 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 22 November 1972 and has been in existence for over 54 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24100MH1972PTC016136. Its GSTIN is 27AAACO0830D1Z0 (Maharashtra). The company holds 24 GST registrations, of which 10 are active.
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹2.13 Cr. It is led by directors including Ashok Krishnanand Shastry (Managing Director) and Shalini Samir Degan.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at T K Industrial Estateacharya Donde Marg Sewree, Mumbai, Maharashtra, India – 400015.
As per the financials filed for FY 2023, the company reported a revenue of ₹13.34 Cr, a decline of 69% compared to the previous year. For the same year it recorded a net loss of ₹1.44 Lakh (net margin -0.1%) and EBITDA of ₹1.05 Cr (EBITDA margin 7.9%). Revenue has declined at a compounded annual rate (CAGR) of 52% over three years and 5% over five years.
The company has about 14 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹10.72 Cr and satisfied charges of ₹1.12 Lakh on record. Court records list 15 cases involving the company, including 8 filed by the company and 7 filed against it; 3 cases are pending. The company has 8 deals on record (5 secondary share transfers, 2 funding rounds, 1 rights issue), with disclosed funding of ₹63 Lakh; the latest was in July 2020.
Osnar Chemical Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0089191). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website osnar.com.
Company details
CIN U24100MH1972PTC016136
Registration Number 016136
Incorporation Date 22 November 1972
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-19-0089191
Key People
Ashok Krishnanand Shastry Managing Director Shalini Samir Degan Director Samir Omprakash Degan Director Recognitions & Rankings of Osnar Chemical
Contact details
Osnar Chemical Private Limited's registered office is in Mumbai, Maharashtra. Its website is osnar.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressT K Industrial Estateacharya Donde Marg Sewree, Mumbai, Maharashtra, India – 400015
- IndustryChemicals and Materials, Petrochemicals & Derivatives
To see the full contact details of Osnar Chemical Private Limited, buy the company report.
Comprehensive company report
Osnar Chemical 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Osnar Chemical 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 Osnar Chemical Private Limited, buy the company report.
Financials of Osnar Chemical Private Limited
FY 2023 filings availableOsnar Chemical Private Limited reported revenue of ₹13.34 Cr (down 69% YoY) for FY 2023.
Revenue · FY 2023
₹13.34 Cr ▼ 69%
Net loss · FY 2023
₹1.44 Lakh margin -0.1%
EBITDA · FY 2023
₹1.05 Cr margin 7.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 69%
3 years · compounded
▲ 52%
5 years · compounded
▼ 5%
EBITDA CAGR growth
1 year
▲ 13%
3 years · compounded
▲ 9%
5 years · compounded
▲ 29%
Revenue has declined at a compounded annual rate (CAGR) of 5% over five years, including a 69% fall in the latest year. EBITDA rose 13% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.05 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.44 Lakh | ||||
| 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 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.9% | ||||
| Net Profit Margin | -0.1% | ||||
| 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 Osnar Chemical Private Limited, buy the company report.
Board of directors of Osnar Chemical Private Limited
Osnar Chemical 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 |
|---|---|---|---|---|
| Shalini Samir Degan Also directs: Osnar Paints and Contracts Private Limited | Director | 30 Sep 2008 | 18 Years 0 Months | Current |
| Samir Omprakash Degan Also directs: Mora Tollways Limited, Atlanta Infra Assets Limited, Atlanta Ropar Tollways Private Limited and 4 more | Director | 10 Jan 1992 | 34 Years 9 Months | Current |
| Ashok Krishnanand Shastry Also directs: Osnar Paints and Contracts Private Limited, Biostadt India Limited | Managing Director | 22 Nov 1972 | 53 Years 11 Months | Current |
Auditor
Osnar Chemical Private Limited is audited by JAYESH SHETH & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JAYESH SHETH & CO | FY 2022 | 107076 |
Shareholding
The shareholding of Osnar Chemical Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | 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 Osnar Chemical Private Limited, buy the company report.
Charges & borrowings
Open charges
₹10.72 Cr
Satisfied charges
₹1.12 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 May 2002 | 90186924 | State Bank of India | ₹11.25 Lakh | Open | |
| 22 May 2002 | 90186922 | State Bank of India | ₹11.25 Lakh | Open | |
| 22 May 2002 | 90187912 | State Bank of India | ₹11.25 Lakh | Open | |
| 15 May 1999 | 90186676 | Others | ₹9.2 Cr | Open | |
| 15 May 1999 | 90187822 | State Bank of India | ₹46 Lakh | Open |
To see the full charge records of Osnar Chemical Private Limited, buy the company report.
Total charge records: 11 View all charges
Deals & funding
Osnar Chemical Private Limited has 8 deals on record (5 secondary share transfers, 2 funding rounds, 1 rights issue), with disclosed funding of ₹63 Lakh; the latest was in July 2020.
Total deals
8
Secondary share transfers
5
Funding rounds
2
Rights issue
1
Disclosed funding
₹63 Lakh
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2020 | Rights issue | ₹1.18 Cr | Investors: 2 individuals |
| Jan 2008 | Funding round | ₹13 Lakh | Investors: Osnar Paints and Contracts Private Limited , 3 individuals |
| Jan 2008 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Monalisa Infotech Limited , Nicco Securities Private Limited , Macro Soft Technology Private Limited |
| Mar 2006 | Secondary share transfer | Undisclosed | Buyer: Osnar Paints and Contracts Private Limited Seller: Monalisa Infotech Limited , Nicco Securities Private Limited , Macro Soft Technology Private Limited |
| Mar 2006 | Funding round | ₹50 Lakh | Investors: Monalisa Infotech Limited , Nicco Securities Private Limited , Macro Soft Technology Private Limited |
To see the full deal history of Osnar Chemical 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
Osnar Chemical Private Limited has 15 court cases on record: 8 filed by Osnar Chemical, 7 filed against it. 3 cases are pending and 12 are disposed.
Total cases
15
Filed by the company
8
Filed against the company
7
Pending
3
Disposed
12
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 8 | 0 | 0 |
| District courts | 6 | 6 | 3 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 15)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed against the company by Advance Paints Pvt Ltd Through Amit H Parikh | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Commercial suit | Filed against the company by Advance Paints Pvt Ltd Through Amit H Parikh | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Cases SS) | Filed against the company by M-S Ei Dupoint India P Ltd | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed against the company by Advance Paints Pvt Ltd Through Amit H Parikh | Disposed |
| High Court, MAHARASHTRA | Writ petition | Filed by the company against M/S. Advance Paints Pvt. Ltd. | Disposed |
To see the full case history of Osnar Chemical 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
Osnar Chemical Private Limited was last rated by Icra on 03 Feb 2015.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 03 Feb 2015 |
To see the full credit ratings and regulatory alerts of Osnar Chemical Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Osnar Chemical Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Osnar Chemical has 1 associated company. This group structure data is as of FY 2022. The table lists each entity with its relationship and holding.
1
Associated companies
Employees & EPFO
Osnar Chemical Private Limited has a workforce of 14 employees on its EPFO records as of Mar 29, 2024, across 1 active EPFO establishment.
Employee count
14
Active EPFO establishments
1
Employee growth
-22.22%
GST
Osnar Chemical has 24 GST registrations: 10 active and 14 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
24
Active
10
Cancelled / inactive
14
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACO0830D1Z0 | Maharashtra | Active | 01 Jul 2017 |
| 24AAACO0830D1Z6 | Gujarat | Active | 01 Jul 2017 |
| 33AAACO0830D2Z6 | Tamil Nadu | Active | 01 Jul 2017 |
| 29AAACO0830D3ZU | Karnataka | Active | 01 Sep 2017 |
To see the full GST registrations and return filing status of Osnar Chemical Private Limited, buy the company report.
Recent activity
Osnar Chemical Private Limited has 7 board changes on record since 1972: 4 appointments and 3 cessations. The latest: Chandra Omprakash Degan ceased to be Director on 13 Jan 2014.
AGM
Osnar Chemical Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Osnar Chemical Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai I.
Charges
A charge registered on 26 Feb 1980 via Charge ID 90184537 with The Maharashtra Bank Ltd was fully satisfied on 16 Jun 2022.
Charges
A charge with Others of Rs. 9.20 Cr registered on 15 May 1999 with Charge ID 90186676 was modified on 24 Jun 2020.
Ceased
Chandra Omprakash Degan ceased to be Director.
Ceased
Ashok Krishnanand Shastry ceased to be Director.
Ceased
Om Prakash Kundanlal Degan ceased to be Managing Director.
Appointed
Shalini Samir Degan was appointed as Director.
Charges
A charge with State Bank Of India of Rs. 0.11 Cr registered on 29 May 2002 with Charge ID 90186924 was modified on 28 Apr 2003.
Charges
A charge with State Bank Of India amounted to Rs. 0.11 Cr with Charge ID 90186924 was registered on 29 May 2002.
Charges
A charge with State Bank Of India amounted to Rs. 0.11 Cr with Charge ID 90186922 was registered on 22 May 2002.
Charges
A charge with State Bank Of India amounted to Rs. 0.11 Cr with Charge ID 90187912 was registered on 22 May 2002.
19 earlier events are in the company report.
Frequently asked questions
Osnar Chemical 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 22 November 1972 (54+ years old) and is registered under CIN U24100MH1972PTC016136.
Osnar Chemical has 3 current directors:
- Ashok Krishnanand Shastry - Managing Director
- Shalini Samir Degan - Director
- Samir Omprakash Degan - Director
The latest financial statements of Osnar Chemical on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Osnar Chemical is 27AAACO0830D1Z0, registered in Maharashtra. The company has 24 GST registrations in all, of which 10 are active and 14 are cancelled or inactive. Other active GSTINs include 24AAACO0830D1Z6 (Gujarat), 33AAACO0830D2Z6 (Tamil Nadu), 29AAACO0830D3ZU (Karnataka).
The CIN (Corporate Identification Number) of Osnar Chemical is U24100MH1972PTC016136. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Osnar Chemical has 15 court cases on record: 8 filed by the company and 7 filed against it. 3 are pending. Most are in the high courts.
Osnar Chemical was incorporated on 22 November 1972, making it 54+ years old. It is registered with the Registrar of Companies, Mumbai.
Osnar Chemical has 8 deals on record (5 secondary share transfers, 2 funding rounds, 1 rights issue), with disclosed funding of ₹63 Lakh; the latest was in July 2020.
Chandra Omprakash Degan ceased to be Director on 13 Jan 2014. Ashok Krishnanand Shastry ceased to be Director on 30 Sep 2011. Om Prakash Kundanlal Degan ceased to be Managing Director on 30 Sep 2011. Osnar Chemical has 7 board changes on record in total.
Yes, Osnar Chemical is registered as a small enterprise under Udyam registration (number: UDYAM-MH-19-0089191).