MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-19-0022714
Shilpa Chemspec International Private Limited - pharma in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹15.42 Cr
▲ 27% YoY
Net profit · FY 2025
₹15.75 Lakh
Net margin 1%
EBITDA · FY 2025
₹63.1 Lakh
EBITDA margin 4.1%
Authorised capital
₹1.45 Cr
Registered with MCA
Paid-up capital
₹51 Lakh
Issued & subscribed
Open charges
₹4.16 Cr
Satisfied ₹11.75 Cr
Company age
21 yrs
Est. 2005
Directors on board
3
As per MCA filings
About Shilpa Chemspec International Private Limited
Data last updated:
Shilpa Chemspec International Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the API manufacturers segment of the pharmaceuticals sector. It was incorporated on 09 December 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24117MH2005PTC157937. Its GSTIN is 27AAJCS5687F1ZU (Maharashtra).
The company has an authorised share capital of ₹1.45 Cr and a paid-up capital of ₹51 Lakh. It is led by directors including Mehul Shashikant Sanghvi and Bharati Shashikant Sanghvi.
Its last annual general meeting (AGM) was held on 05 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 316/317 Floor 3rd Plot – 39, Parekh Market Jagannath Shankarsheth Marg Kennedy Bridge Girgaon Mumbai 400004, Maharashtra, India – 400004.
As per the financials filed for FY 2025, the company reported a revenue of ₹15.42 Cr, a growth of 27% compared to the previous year. For the same year it recorded a net profit of ₹15.75 Lakh (net margin 1%) and EBITDA of ₹63.1 Lakh (EBITDA margin 4.1%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 3% over five years.
Its group structure includes 1 subsidiary.
As per MCA filings, the company has open charges of ₹4.16 Cr and satisfied charges of ₹11.75 Cr on record. Court records list 12 cases involving the company, including 12 filed by the company; 1 case is pending.
Shilpa Chemspec International Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0022714). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website shilpachemspec.com.
Company details
CIN U24117MH2005PTC157937
Registration Number 157937
Incorporation Date 09 December 2005
ROC Mumbai
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-19-0022714
Key People
Mehul Shashikant Sanghvi Director Bharati Shashikant Sanghvi Director Divyesh Shashikant Sanghvi Director Recognitions & Rankings of Shilpa Chemspec International
Contact details
Shilpa Chemspec International Private Limited's registered office is in Mumbai, Maharashtra. Its website is shilpachemspec.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address316/317 Floor 3rd Plot – 39, Parekh Market Jagannath Shankarsheth Marg Kennedy Bridge Girgaon Mumbai 400004, Maharashtra, India – 400004
- IndustryPharma, API Manufacturers
To see the full contact details of Shilpa Chemspec International Private Limited, buy the company report.
Comprehensive company report
Shilpa Chemspec International 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 Shilpa Chemspec International 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 Shilpa Chemspec International Private Limited, buy the company report.
Financials of Shilpa Chemspec International Private Limited
FY 2025 filings availableShilpa Chemspec International Private Limited reported revenue of ₹15.42 Cr (up 27% YoY) for FY 2025.
Revenue · FY 2025
₹15.42 Cr ▲ 27%
Net profit · FY 2025
₹15.75 Lakh margin 1%
EBITDA · FY 2025
₹63.1 Lakh margin 4.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 27%
3 years · compounded
▼ 2%
5 years · compounded
▲ 3%
EBITDA CAGR growth
1 year
▲ 38%
3 years · compounded
▼ 2%
5 years · compounded
▲ 3%
Revenue has grown at a compounded annual rate (CAGR) of 3% over five years, including 27% growth in the latest year. EBITDA rose 38% 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 |
|---|---|---|---|---|---|
| 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 | ₹63.1 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹15.75 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.1% | ||||
| Net Profit Margin | 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 | |||||
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| 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 Shilpa Chemspec International Private Limited, buy the company report.
Board of directors of Shilpa Chemspec International Private Limited
Shilpa Chemspec International has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mehul Shashikant Sanghvi Also directs: Divyabharti Enterprises Pvt.Ltd. | Director | 09 Dec 2005 | 20 Years 11 Months | Current |
| Bharati Shashikant Sanghvi Also directs: Divyabharti Enterprises Pvt.Ltd. | Director | 09 Dec 2005 | 20 Years 11 Months | Current |
| Divyesh Shashikant Sanghvi Also directs: Divyabharti Enterprises Pvt.Ltd. | Director | 09 Dec 2005 | 20 Years 11 Months | Current |
Auditor
Shilpa Chemspec International Private Limited is audited by P H Sanghavi & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P H Sanghavi & Co. | FY 2023 | 109111W |
Shareholding
The shareholding of Shilpa Chemspec International 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 Shilpa Chemspec International Private Limited, buy the company report.
Charges & borrowings
Open charges
₹4.16 Cr
Satisfied charges
₹11.75 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Oct 2022 | 100645597 | Hdfc Bank Limited | ₹4 Cr | Open | |
| 23 Mar 2021 | 100437545 | Others | ₹16 Lakh | Open | |
| 31 Dec 2018 | 100245386 | Citi Bank N.A. | ₹4 Cr | Satisfied | |
| 02 Mar 2017 | 100107331 | Yes Bank Limited | ₹4 Cr | Satisfied | |
| 26 Jun 2013 | 10436010 | Union Bank Ofindia | ₹5 Lakh | Satisfied |
To see the full charge records of Shilpa Chemspec International Private Limited, buy the company report.
Total charge records: 7 View all charges
Legal cases
Shilpa Chemspec International Private Limited has 12 court cases on record: 12 filed by Shilpa Chemspec International. 1 case is pending and 11 are disposed.
Total cases
12
Filed by the company
12
Pending
1
Disposed
11
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 12 | 0 | 1 |
Cases on record (5 of 12)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Private cases SS) | Filed by the company against Kosher Pharmaceutical Pvt Ltd. and 3 others | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (S S) | Filed by the company against Nasense Labs Pvt. Ltd. and 2 others | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (S S) | Filed by the company against Stereo Drugs Pvt Ltd. and 2 others | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (S S) | Filed by the company against Kamud Drugs Pvt. Ltd. | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons cases SS) | Filed by the company against Kamud Drugs Pvt.Ltd | Disposed |
To see the full case history of Shilpa Chemspec International 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
Shilpa Chemspec International Private Limited has 3 MSME Form 1 returns on record between 2019 and 2020, listing 7 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 |
|---|---|---|---|
| an individual supplier | |||
| Sanjay Chemicals (India) Private Limited | |||
| K Rasiklal Exim Private Limited | |||
| Bhanwarlal Jhanwar & Sons | |||
| Jaydip Agencies |
To see the full MSME payment records of Shilpa Chemspec International Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Shilpa Chemspec International has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
1
Subsidiary companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Divyabharti Enterprises Pvt.Ltd. | U51900MH1992PTC064838 |
To see the full group structure of Shilpa Chemspec International Private Limited, buy the company report.
GST
Shilpa Chemspec International has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAJCS5687F1ZU | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Shilpa Chemspec International Private Limited, buy the company report.
Recent activity
Shilpa Chemspec International Private Limited has 4 board changes on record since 2005: 3 appointments and 1 cessation. The latest: Shashikant Gokaldas Sanghvi ceased to be Director on 01 Mar 2008.
AGM
Shilpa Chemspec International Private Limited last Annual general meeting of members was held on 05 Sep 2025 as per latest MCA records.
Charges
A charge with Hdfc Bank Limited of Rs. 4.00 Cr registered on 11 Oct 2022 with Charge ID 100645597 was modified on 06 Jun 2025.
Filing
Shilpa Chemspec International Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 4.00 Cr with Charge ID 100645597 was registered on 11 Oct 2022.
Charges
A charge registered on 31 Dec 2018 via Charge ID 100245386 with Citi Bank N.A. was fully satisfied on 14 May 2021.
Charges
A charge with Others amounted to Rs. 0.16 Cr with Charge ID 100437545 was registered on 23 Mar 2021.
Charges
A charge registered on 02 Mar 2017 via Charge ID 100107331 with Yes Bank Limited was fully satisfied on 19 Aug 2019.
Charges
A charge with Citi Bank N.A. amounted to Rs. 4.00 Cr with Charge ID 100245386 was registered on 31 Dec 2018.
Charges
A charge registered on 26 Jun 2013 via Charge ID 10436010 with Union Bank Ofindia was fully satisfied on 05 Feb 2018.
Charges
A charge registered on 20 Sep 2007 via Charge ID 10097264 with Union Bank Of India was fully satisfied on 05 Feb 2018.
Charges
A charge registered on 23 Jul 2007 via Charge ID 10097263 with Union Bank Of India was fully satisfied on 05 Feb 2018.
Charges
A charge with Yes Bank Limited amounted to Rs. 4.00 Cr with Charge ID 100107331 was registered on 02 Mar 2017.
9 earlier events are in the company report.
Frequently asked questions
Shilpa Chemspec International is an active private limited company based in Mumbai, Maharashtra, India. The company works in api manufacturers, within the pharma industry. It was incorporated on 09 December 2005 (21+ years old) and is registered under CIN U24117MH2005PTC157937.
Shilpa Chemspec International has 3 current directors:
- Mehul Shashikant Sanghvi - Director
- Bharati Shashikant Sanghvi - Director
- Divyesh Shashikant Sanghvi - Director
The latest financial statements of Shilpa Chemspec International on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 05 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Shilpa Chemspec International is 27AAJCS5687F1ZU, registered in Maharashtra.
The CIN (Corporate Identification Number) of Shilpa Chemspec International is U24117MH2005PTC157937. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shilpa Chemspec International has 12 court cases on record: 12 filed by the company. 1 is pending.
Shilpa Chemspec International was incorporated on 09 December 2005, making it 21+ years old. It is registered with the Registrar of Companies, Mumbai.
Shashikant Gokaldas Sanghvi ceased to be Director on 01 Mar 2008. Bharati Shashikant Sanghvi was appointed as Director on 09 Dec 2005. Divyesh Shashikant Sanghvi was appointed as Director on 09 Dec 2005. Shilpa Chemspec International has 4 board changes on record in total.
Yes, Shilpa Chemspec International is registered as a small enterprise under Udyam registration (number: UDYAM-MH-19-0022714).
Shilpa Chemspec International has 3 MSME Form 1 returns on record between 2019 and 2020, listing 7 overdue payments to 5 micro and small suppliers. The latest return was filed on 02 Oct 2020.
Shilpa Chemspec International can be reached through the website shilpachemspec.com. Its registered office is in Mumbai, Maharashtra, India.
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