MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-19-0080465
Multichem Specialities Private Limited - chemicals and materials in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹104.99 Cr
▲ 104% YoY
Net profit · FY 2025
₹1.45 Cr
Net margin 1.4%
EBITDA · FY 2025
₹5.3 Cr
EBITDA margin 5%
Authorised capital
₹4 Cr
Registered with MCA
Paid-up capital
₹2.91 Cr
Issued & subscribed
Open charges
₹64.33 Cr
Satisfied ₹53.55 Cr
Company age
19 yrs
Est. 2007
Directors on board
2
As per MCA filings
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 4 peer companies in the Chemicals industry (Chemical Retail and Distribution), with the same principal business activity (wholesale trading) are compared by revenue, 3 larger and 1 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.
Multichem Specialities Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0080465). 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.
Company details
CIN U24100MH2007PTC169587
Registration Number 169587
Incorporation Date 03 April 2007
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-19-0080465
Recognitions & Rankings of Multichem Specialities
Contact details
Multichem Specialities Private Limited's registered office is in Mumbai, Maharashtra. Its website is multichemindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address1215 Dalamal Towers 211 Nariman Point, Mumbai, Maharashtra, India – 400021
- IndustryChemicals and Materials, Chemical Distribution & Retail
To see the full contact details of Multichem Specialities Private Limited, buy the company report.
Comprehensive company report
Multichem Specialities 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 Multichem Specialities 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 Multichem Specialities Private Limited, buy the company report.
Financials of Multichem Specialities Private Limited
FY 2025 filings availableMultichem Specialities Private Limited reported revenue of ₹104.99 Cr (up 104% YoY) for FY 2025.
Revenue · FY 2025
₹104.99 Cr ▲ 104%
Net profit · FY 2025
₹1.45 Cr margin 1.4%
EBITDA · FY 2025
₹5.3 Cr margin 5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 104%
5 years · compounded
▲ 6%
EBITDA CAGR growth
1 year
▲ 211%
3 years · compounded
▲ 1%
5 years · compounded
▲ 3%
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
| 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
| 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 | |||||
To see the full financial statements and ratios of Multichem Specialities Private Limited, buy the company report.
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.
Current Directors
| 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 |
Peer comparison
Multichem Specialities 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 |
|---|---|---|---|---|---|---|
| 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 | |||
| Multichem Specialities Private Limitedthis company | ₹104.99 Cr (FY 2025) | ₹1.45 Cr | 1.4% | 104.0% | Mumbai, Maharashtra, India | |
| Gyscoal Enterprise Private Limited | ₹101.98 Cr (FY 2025) | 327.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Multichem Specialities Private Limited, buy the company report.
Auditor
Multichem Specialities Private Limited is audited by C. M. Gabhawala & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| C. M. Gabhawala & Co. | FY 2023 | 102870W |
Shareholding
The shareholding of Multichem Specialities 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 Multichem Specialities Private Limited, buy the company report.
Charges & borrowings
Open charges
₹64.33 Cr
Satisfied charges
₹53.55 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Oct 2022 | 100626100 | Standard Chartered Bank | ₹19.95 Cr | Open | |
| 15 Jun 2020 | 100352767 | Standard Chartered Bank | ₹25 Cr | Open | |
| 29 Jan 2020 | 100354011 | Standard Chartered Bank | ₹4.38 Cr | Open | |
| 23 Apr 2018 | 100190609 | Citi Bank N.A. | ₹15 Cr | Open | |
| 31 Jan 2017 | 100077097 | Yes Bank Limited | ₹19.19 Cr | Satisfied |
To see the full charge records of Multichem Specialities Private Limited, buy the company report.
Total charge records: 8 View all charges
Deals & funding
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.
Total deals
10
Secondary share transfers
6
Funding rounds
3
Rights issue
1
Disclosed funding
₹2.22 Cr
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 |
To see the full deal history of Multichem Specialities 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
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.
Total cases
31
Filed by the company
30
Filed against the company
1
Pending
5
Disposed
26
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 | Commercial suit | Filed by the company against Prajakt Life Science Private Limited | Pending |
| 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 CMM Courts, Maharashtra | Civil suit | Filed by the company against Tandex Engineering and Services Pvt Ltd and 3 others | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Case) | Filed by the company against Metro Chem Api Private Limited | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (SUMMARY CIVIL SUIT) | Filed by the company against Sai Sreyas Pharmaceuticals Pvt Ltd Through Its Managing Director and 4 others | Disposed |
To see the full case history of Multichem Specialities 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
Multichem Specialities Private Limited was last rated by Icra on 25 Feb 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 25 Feb 2022 |
To see the full credit ratings and regulatory alerts of Multichem Specialities Private Limited, buy the company report.
MSME payment delays
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 |
To see the full MSME payment records of Multichem Specialities Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Multichem Specialities has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCM0263M1ZB | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Multichem Specialities Private Limited, buy the company report.
Recent activity
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.
AGM
Multichem Specialities Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Standard Chartered Bank of Rs. 25.00 Cr registered on 15 Jun 2020 with Charge ID 100352767 was modified on 25 Jun 2025.
Charges
A charge with Standard Chartered Bank of Rs. 4.38 Cr registered on 29 Jan 2020 with Charge ID 100354011 was modified on 25 Jun 2025.
Filing
Multichem Specialities Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge registered on 31 Jan 2017 via Charge ID 100077097 with Yes Bank Limited was fully satisfied on 05 Nov 2022.
Charges
A charge registered on 22 Aug 2016 via Charge ID 100063522 with Yes Bank Limited was fully satisfied on 05 Nov 2022.
Charges
A charge with Standard Chartered Bank amounted to Rs. 19.95 Cr with Charge ID 100626100 was registered on 19 Oct 2022.
Charges
A charge with Citi Bank N.A. of Rs. 15.00 Cr registered on 23 Apr 2018 with Charge ID 100190609 was modified on 29 Jul 2022.
Charges
A charge with Yes Bank Limited of Rs. 18.37 Cr registered on 22 Aug 2016 with Charge ID 100063522 was modified on 23 Jul 2020.
Charges
A charge with Yes Bank Limited of Rs. 19.19 Cr registered on 31 Jan 2017 with Charge ID 100077097 was modified on 22 Jul 2020.
Charges
A charge with Standard Chartered Bank amounted to Rs. 25.00 Cr with Charge ID 100352767 was registered on 15 Jun 2020.
Charges
A charge with Standard Chartered Bank amounted to Rs. 4.38 Cr with Charge ID 100354011 was registered on 29 Jan 2020.
15 earlier events are in the company report.
Frequently asked questions
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 has 2 current directors:
- Manish Shivdayal Karnani - Managing Director
- Laxmi Manish Karnani - Director
The latest financial statements of Multichem Specialities on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
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, Gyscoal Enterprise Private Limited, all in the Chemicals industry (Chemical Retail and Distribution), with the same principal business activity (wholesale trading).
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.
Yes, Multichem Specialities is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-19-0080465).
Multichem Specialities has 12 MSME Form 1 returns on record between 2019 and 2024, listing 378 overdue payments to 89 micro and small suppliers. The latest return was filed on 20 Jun 2024.