MSN Intermediates Private Limited
About MSN Intermediates Private Limited
Data last updated:
MSN Intermediates Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the industrial chemicals segment of the chemicals and materials sector. It was incorporated on 17 September 2002 and has been in existence for over 24 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24231GJ2002PTC041291. Its GSTIN is 24AABCH2032H1Z6 (Gujarat).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹98.52 Lakh. It was formerly known as Msn Intemediates Limited and Hans Intermediates Private Limited. It is led by directors Mahesh Dulichand Agrawal and Dhirendranath Ramnarayan Singh.
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 Plot No 205 206 4 Phase II Naroda, Ahmedabad, Gujarat, India – 380009.
As per the financials filed for FY 2024, the company reported a revenue of ₹6.11 Cr, a decline of 26% compared to the previous year. For the same year it recorded a net profit of ₹31.48 Lakh (net margin 5.2%) and EBITDA of ₹79.02 Lakh (EBITDA margin 12.9%). Revenue has declined at a compounded annual rate (CAGR) of 14% over three years and 22% over five years.
The company has about 14 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹4.85 Cr on record. The company has 5 deals on record (4 secondary share transfers, 1 funding round), with disclosed funding of ₹1.75 Cr; the latest was in February 2017. Its 5 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, 1 larger and 4 smaller; the largest is VPL Industrial Technologies Private Limited with revenue of ₹6.26 Cr. The company has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 21 overdue payments to 1 micro and small supplier.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Name history
MSN Intermediates has undergone 3 name changes throughout its history. The company was previously known as Msn Intemediates Limited, Hans Intermediates Private Limited, and Msn Intemediates Private Limited. The current legal name is Msn Intermediates Private Limited.
| Company Name | Status |
|---|---|
| MSN Intermediates Private Limited | Current |
| Msn Intemediates Limited | Previous |
| Hans Intermediates Private Limited | Previous |
| Msn Intemediates Private Limited | Previous |
CIN history
MSN Intermediates has one previous CIN (Corporate Identification Number): U24231GJ2002PLC041291. The current CIN is U24231GJ2002PTC041291, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U24231GJ2002PTC041291 | Current |
| U24231GJ2002PLC041291 | Previous |
Contact details
MSN Intermediates Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address is in the company report.
- Email
- Registered AddressPlot No 205 206 4 Phase II Naroda, Ahmedabad, Gujarat, India – 380009
- IndustryChemicals and Materials, Industrial Chemicals
To see the full contact details of MSN Intermediates 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
Business activity
The main business activity of MSN Intermediates 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 MSN Intermediates Private Limited, buy the company report.
Financials of MSN Intermediates Private Limited
FY 2024 filings availableMSN Intermediates Private Limited reported revenue of ₹6.11 Cr (down 26% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 22% over five years, including a 26% fall in the latest year. EBITDA fell 55% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹6.11 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹79.02 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹31.48 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 12.9% | ||||
| Net Profit Margin | 5.2% | ||||
| 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 MSN Intermediates Private Limited, buy the company report.
Board of directors of MSN Intermediates Private Limited
MSN Intermediates has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mahesh Dulichand Agrawal Also directs: Swatisandhya Procon LLP, Swatimaheshraj Construction LLP, Maa Janakdevi Infrastructure LLP and 1 more | Director | 15 Sep 2005 | 21 Years 1 Months | Current |
| Dhirendranath Ramnarayan Singh | Director | 15 May 2015 | 11 Years 5 Months | Current |
Peer comparison
MSN Intermediates Private Limited is compared with the 5 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 |
|---|---|---|---|---|---|---|
| VPL Industrial Technologies Private Limited | ₹6.26 Cr (FY 2025) | 35.0% | Bangalore, Karnataka, India | |||
| MSN Intermediates Private Limitedthis company | ₹6.11 Cr (FY 2024) | ₹31.48 Lakh | 5.2% | -26.0% | 14 | Ahmedabad, Gujarat, India |
| Varuni Chemicals Private Limited | ₹6.1 Cr (FY 2024) | 155.0% | Madurai, Tamil Nadu, India | |||
| Rational Labs Private Limited | ₹6.04 Cr (FY 2024) | 4.0% | Hyderabad, Telangana, India | |||
| Ptcgram Private Limited | ₹6.02 Cr (FY 2024) | 90.0% | Virar, Maharashtra, India | |||
| Mozaic Chemical Private Limited | ₹6 Cr (FY 2024) | 113.0% | Delhi, India |
To see the full peer comparison of MSN Intermediates Private Limited, buy the company report.
Auditor
MSN Intermediates Private Limited is audited by PARIKH AND MAJMUDAR for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PARIKH AND MAJMUDAR | FY 2024 | 107525W |
Shareholding
The shareholding of MSN Intermediates Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of MSN Intermediates Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Feb 2006 | 80016480 | Bank of India | ₹4.85 Cr | Satisfied |
To see the full charge records of MSN Intermediates Private Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
MSN Intermediates Private Limited has 5 deals on record (4 secondary share transfers, 1 funding round), with disclosed funding of ₹1.75 Cr; the latest was in February 2017.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2017 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Sep 2016 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
| Nov 2014 | Secondary share transfer | Undisclosed | Buyer: Mahesh Agrawal HUF, an individual Seller: Ornet Intermediates Private Limited |
| Mar 2009 | Secondary share transfer | Undisclosed | Buyer: Mahesh Raj Chemicals Private Limited, Mahesh Agrawal HUF Seller: 4 individuals |
| Apr 2008 | Funding round | ₹1.75 Cr | Investors: Ornet Intermediates Private Limited , Mahesh Raj Chemicals Private Limited, an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving MSN Intermediates Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
MSN Intermediates Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 21 overdue payments to 1 micro and small supplier. 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 (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Sahas Scientific Private Limited |
To see the full MSME payment records of MSN Intermediates Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
MSN Intermediates has 1 associated company. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
Employees & EPFO
MSN Intermediates Private Limited has a workforce of 14 employees on its EPFO records as of Dec 31, 2025, across 1 active EPFO establishment.
GST
MSN Intermediates has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCH2032H1Z6 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of MSN Intermediates Private Limited, buy the company report.
Recent activity
MSN Intermediates Private Limited has 8 board changes on record since 2005: 2 appointments and 6 cessations. The latest: Sanjay Dulichand Agrawal ceased to be Director on 20 Dec 2021.
2 earlier events are in the company report.
Frequently asked questions
MSN Intermediates is an active private limited company based in Ahmedabad, Gujarat, India. The company works in industrial chemicals, within the chemicals and materials industry. It was incorporated on 17 September 2002 (24+ years old) and is registered under CIN U24231GJ2002PTC041291.
MSN Intermediates has 2 current directors:
- Mahesh Dulichand Agrawal - Director
- Dhirendranath Ramnarayan Singh - Director
The latest financial statements of MSN Intermediates 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 2015 are in the company report.
The GSTIN of MSN Intermediates is 24AABCH2032H1Z6, registered in Gujarat.
The CIN (Corporate Identification Number) of MSN Intermediates is U24231GJ2002PTC041291. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
MSN Intermediates was incorporated on 17 September 2002, making it 24+ years old. It is registered with the Registrar of Companies, Ahmedabad.
MSN Intermediates has 5 deals on record (4 secondary share transfers, 1 funding round), with disclosed funding of ₹1.75 Cr; the latest was in February 2017.
The peers of MSN Intermediates by revenue are VPL Industrial Technologies Private Limited, Varuni Chemicals Private Limited, Rational Labs Private Limited, Ptcgram Private Limited, Mozaic Chemical Private Limited, all in the Chemicals industry (Specialty Chemicals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Sanjay Dulichand Agrawal ceased to be Director on 20 Dec 2021. Nalin Rajnikant Jariwala ceased to be Director on 16 Feb 2018. Dhirendranath Ramnarayan Singh ceased to be Additional Director on 30 Sep 2015. MSN Intermediates has 8 board changes on record in total.
MSN Intermediates has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 21 overdue payments to 1 micro and small supplier. The latest return was filed on 16 Jul 2019.
The registered office of MSN Intermediates is at Plot No 205 206 4 Phase II Naroda, Ahmedabad, Gujarat, India – 380009.
MSN Intermediates operates in the chemicals and materials industry, in the industrial chemicals segment.