About Multichem Specialities Private Limited
Data last updated:
Multichem Specialities Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the chemical distribution and retail segment of the chemicals and materials sector. It was incorporated on 03 April 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24100MH2007PTC169587. Its GSTIN is 27AAFCM0263M1ZB (Maharashtra).
The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹2.91 Cr. It is led by directors Manish Shivdayal Karnani (Managing Director) and Laxmi Manish Karnani.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 1215 Dalamal Towers 211 Nariman Point, Mumbai, Maharashtra, India – 400021.
As per the financials filed for FY 2025, the company reported a revenue of ₹104.99 Cr, a growth of 104% compared to the previous year. For the same year it recorded a net profit of ₹1.45 Cr (net margin 1.4%) and EBITDA of ₹5.3 Cr (EBITDA margin 5%). Revenue has grown at a compounded annual rate (CAGR) of 6% over five years.
As per MCA filings, the company has open charges of ₹64.33 Cr and satisfied charges of ₹53.55 Cr on record. Court records list 31 cases involving the company, including 30 filed by the company and 1 filed against it; 5 cases are pending. The company has 10 deals on record (6 secondary share transfers, 3 funding rounds, 1 rights issue), with disclosed funding of ₹2.22 Cr; the latest was in March 2024. Its 10 peer companies in the Chemicals industry (Chemical Retail and Distribution) are compared by revenue, 5 larger and 5 smaller; the largest is Kutch Petrochem Private Limited with revenue of ₹107.47 Cr. The company has 12 MSME Form 1 returns on record between 2019 and 2024, listing 378 overdue payments to 89 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website multichemindia.com.
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- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address1215 Dalamal Towers 211 Nariman Point, Mumbai, Maharashtra, India – 400021
- IndustryChemicals and Materials, Chemical Distribution & Retail
- 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
- One PDF report, delivered after checkout
Business Activity of Multichem Specialities Private Limited
The main business activity of Multichem Specialities is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Multichem Specialities Private Limited FY 2025 filings available
Multichem Specialities Private Limited reported revenue of ₹104.99 Cr (up 104% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Multichem Specialities Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 6% over five years, including 104% growth in the latest year. EBITDA rose 211% 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 of Multichem Specialities Private Limited
| 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 | ₹5.3 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.45 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 of Multichem Specialities Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.4% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Multichem Specialities are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Multichem Specialities Private Limited
Multichem Specialities Private Limited is compared with the companies closest to it by revenue in the Chemicals industry (Chemical Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Kutch Petrochem Private Limited | ₹107.47 Cr (FY 2025) | •••• | •••• | 65.0% | •••• | Gandhidham, Gujarat, India |
| Polykem Jupiter Private Limited | ₹107.38 Cr (FY 2025) | •••• | •••• | 42.0% | •••• | Chennai, Tamil Nadu, India |
| Zen Marketing Limited | ₹107.21 Cr (FY 2025) | •••• | •••• | 26.0% | •••• | Mumbai, Maharashtra, India |
| Baker Hughes Oilfield Services India Private Limited | ₹105.95 Cr (FY 2025) | •••• | •••• | 20.0% | •••• | Navi Mumbai, Maharashtra, India |
| Bansal Dyechem Private Limited | ₹105.83 Cr (FY 2025) | •••• | •••• | -3.0% | •••• | Delhi, India |
| Multichem Specialities Private Limited this company | ₹104.99 Cr (FY 2025) | •••• | •••• | 104.0% | •••• | Mumbai, Maharashtra, India |
| Banwari Aromas Private Limited | ₹103.28 Cr (FY 2025) | •••• | •••• | 0.0% | •••• | Delhi, India |
| Napin Impex Limited | ₹103.06 Cr (FY 2019) | •••• | •••• | -61.0% | •••• | Delhi, India |
| Calimara Matters Private Limited | ₹102.57 Cr (FY 2025) | •••• | •••• | 11.0% | •••• | Mumbai, Maharashtra, India |
| Bunkerworks Marine Services Private Limited | ₹102.15 Cr (FY 2025) | •••• | •••• | -49.0% | •••• | Mumbai, Maharashtra, India |
| Gyscoal Enterprise Private Limited | ₹101.98 Cr (FY 2025) | •••• | •••• | 327.0% | •••• | Ahmedabad, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Multichem Specialities by revenue in the Chemicals industry (Chemical Retail and Distribution), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Multichem Specialities Private Limited
Multichem Specialities Private Limited is audited by C. M. Gabhawala & Co. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| C. M. Gabhawala & Co. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Multichem Specialities Private Limited
Multichem Specialities has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Laxmi Manish Karnani Also directs: Multichem Exports LLP, Sva Securities Private Limited | Director | 30 Aug 2007 | 19 Years 1 Months | Current |
| Manish Shivdayal Karnani Also directs: Multichem Exports LLP, Multibrands Collective Private Limited | Managing Director | 03 Apr 2007 | 19 Years 6 Months | Current |
Ownership and Shareholding of Multichem Specialities Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Multichem Specialities Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 19 Oct 2022 | Standard Chartered Bank | ₹19.95 Cr | Open |
| 15 Jun 2020 | Standard Chartered Bank | ₹25 Cr | Open |
| 29 Jan 2020 | Standard Chartered Bank | ₹4.38 Cr | Open |
| 23 Apr 2018 | Citi Bank N.A. | ₹15 Cr | Open |
| 31 Jan 2017 | Yes Bank Limited | ₹19.19 Cr | Satisfied |
Total charge records: 8 View all charges
Deals & Funding of Multichem Specialities Private Limited
Multichem Specialities Private Limited has 10 deals on record (6 secondary share transfers, 3 funding rounds, 1 rights issue), with disclosed funding of ₹2.22 Cr; the latest was in March 2024.
Deals on record (5 of 10)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2020 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Kamalraj Traders & Foods Pvt Ltd |
| Mar 2018 | Funding round | ₹83.5 Lakh | Investors: 4 individuals |
| Sep 2012 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Infinite Holdings Private Limited |
| Mar 2012 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: Infinite Holdings Private Limited |
| Jul 2009 | Funding round | ₹90 Lakh | Investors: Infinite Holdings Private Limited , an individual |
Full deal history
All 10 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Multichem Specialities Private Limited
Multichem Specialities Private Limited has 31 court cases on record: 30 filed by Multichem Specialities, 1 filed against it. 5 cases are pending and 26 are disposed. Status as checked between 01 Oct 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 28 | 1 | 4 |
| High courts | 3 | 0 | 1 |
Cases on record (5 of 31)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed by the company against Prajakt Life Science Private Limited | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Commercial suit | Filed by the company against Prajakt Life Science Private Limited | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Civil suit | Filed by the company against Tandex Engineering and Services Private Limited | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Case) | Filed by the company against Metrochem Api Private Limited | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Commercial suit | Filed by the company against Innovative Tyres & Tubes Limited | Disposed |
Full case history
All 31 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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 by Multichem Specialities Private Limited
Multichem Specialities Private Limited has 12 MSME Form 1 returns on record between 2019 and 2024, listing 378 overdue payments to 89 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 89)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | •••• | •••• | •••• |
| Pravin Dyechem Private Limited | •••• | •••• | •••• |
| Bhargava Ammonia Private Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Hetal Chem Impex | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 12 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Multichem Specialities Private Limited
Employment history and EPFO contributions of people linked to Multichem Specialities.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Multichem Specialities Private Limited
Multichem Specialities Private Limited has 6 board changes on record since 2007: 2 appointments and 4 cessations. The latest: Manish Shivdayal Karnani ceased to be Managing Director on 20 Aug 2018.
15 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Multichem Specialities Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Multichem Specialities Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Multichem Specialities Private Limited
Multichem Specialities has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCM0263M1ZB | Maharashtra | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Multichem Specialities Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Multichem Specialities Private Limited
Multichem Specialities is an active private limited company based in Mumbai, Maharashtra, India. The company works in chemical distribution and retail, within the chemicals and materials industry. It was incorporated on 03 April 2007 (19+ years old) and is registered under CIN U24100MH2007PTC169587.
Multichem Specialities reported revenue of ₹104.99 Cr for FY 2025 (up 104% YoY).
Multichem Specialities has 2 current directors:
- Manish Shivdayal Karnani - Managing Director
- Laxmi Manish Karnani - Director
Multichem Specialities reported a net profit of ₹1.45 Cr (net margin 1.4%) and EBITDA of ₹5.3 Cr (EBITDA margin 5%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Multichem Specialities is 6% over five years. In the latest year (FY 2025) revenue rose 104%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Multichem Specialities is 27AAFCM0263M1ZB, registered in Maharashtra.
The CIN (Corporate Identification Number) of Multichem Specialities is U24100MH2007PTC169587. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Multichem Specialities has 31 court cases on record: 30 filed by the company and 1 filed against it. 5 are pending. Most are in the district courts.
Multichem Specialities was incorporated on 03 April 2007, making it 19+ years old. It is registered with the Registrar of Companies, Mumbai.
Multichem Specialities has 10 deals on record (6 secondary share transfers, 3 funding rounds, 1 rights issue), with disclosed funding of ₹2.22 Cr; the latest was in March 2024.
The peers of Multichem Specialities by revenue are Kutch Petrochem Private Limited, Polykem Jupiter Private Limited, Zen Marketing Limited, Baker Hughes Oilfield Services India Private Limited, Bansal Dyechem Private Limited and 5 more, all in the Chemicals industry (Chemical Retail and Distribution).
Manish Shivdayal Karnani ceased to be Managing Director on 20 Aug 2018. Shiv Dayal Karnani ceased to be Director on 25 Nov 2008. Laxmi Manish Karnani ceased to be Additional Director on 14 May 2008. Multichem Specialities has 6 board changes on record in total.