About Pax Polysynth Private Limited
Data last updated:
Pax Polysynth Private Limited is a private limited company based in Navi Mumbai, Maharashtra, India, a subsidiary of Paxchem Limited. It operates in the industrial chemicals segment of the chemicals and materials sector. It was incorporated on 30 June 1980 and has been in existence for over 46 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24110MH1980PTC022779. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹13.55 Lakh. It was formerly known as Spenta Polysynth Private Limited and Pinnacle Chemicals Private Limited. It is led by directors including Xerxes Pervez Batliwala and Shreyas Alias Ashok Narayan Pathare.
Its last annual general meeting (AGM) was held on 30 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at W – 179 T.T.C. Industrial Area Pawane M.I.D.C., Navi Mumbai, Maharashtra, India.
As per MCA filings, the company has open charges of ₹14.55 Cr and satisfied charges of ₹36.59 Cr on record. Court records list 17 cases involving the company, including 7 filed by the company and 1 filed against it; 8 cases are pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website paxgroup.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressW – 179 T.T.C. Industrial Area Pawane M.I.D.C., Navi Mumbai, Maharashtra, India
- IndustryChemicals and Materials, Industrial Chemicals
- 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
Financials of Pax Polysynth Private Limited FY 2017 filings available
Pax Polysynth Private Limited reported revenue of ₹60 for FY 2017.
Financial Statement Summary of Pax Polysynth Private Limited
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• |
| Total Revenue | ₹60 | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• |
| EBITDA | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• |
| Net Profit (PAT) | •••• | •••• | •••• |
| 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 Pax Polysynth Private Limited
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | •••• | •••• | •••• |
| Net Profit Margin | •••• | •••• | •••• |
| 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 Pax Polysynth 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 Pax Polysynth Private Limited
Pax Polysynth Private Limited is compared with the companies closest to it by revenue in the Chemicals industry (Industrial Chemicals). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Patchaiamman Cement Private Limited | ₹120 (FY 2024) | •••• | •••• | 71.0% | •••• | Chittoor, Andhra Pradesh, India |
| Niche Chemlinks Private Limited | ₹120 (FY 2019) | •••• | •••• | -69.0% | •••• | Bangalore, Karnataka, India |
| Prasol Aromatics Private Limited | ₹114 (FY 2024) | •••• | •••• | •••• | Ahmedabad, Gujarat, India | |
| Gorwara Industries Private Limited | ₹76 (FY 2025) | •••• | •••• | •••• | Udaipur, Rajasthan, India | |
| Mountgreen Enterprises (India) Private Limited | ₹70 (FY 2024) | •••• | •••• | -100.0% | •••• | Mumbai, Maharashtra, India |
| Pax Polysynth Private Limited this company | ₹60 (FY 2017) | •••• | •••• | •••• | Navi Mumbai, Maharashtra, India | |
| Pragna Fine Chem Private Limited | ₹32 (FY 2025) | •••• | •••• | -100.0% | •••• | Ankleshwar, Gujarat, India |
| Laila Regain Bio Technologies Private Limited | ₹30 (FY 2020) | •••• | •••• | •••• | Vijayawada, Andhra Pradesh, India | |
| Chelvam Explosive Private Limited | ₹20 (FY 2024) | •••• | •••• | -100.0% | •••• | Tirunelveli, Tamil Nadu, India |
| Anmarks Pharmaceuticals Private Limited | ₹14 (FY 2025) | •••• | •••• | •••• | Ajmer, Rajasthan, India | |
| Akshar Noble Private Limited | ₹11 (FY 2017) | •••• | •••• | •••• | Jamnagar, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Pax Polysynth by revenue in the Chemicals industry (Industrial Chemicals), 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 Pax Polysynth Private Limited
Pax Polysynth Private Limited is audited by P N JHAMAR & COMPANY for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| P N JHAMAR & COMPANY | 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 Pax Polysynth Private Limited
Pax Polysynth has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Xerxes Pervez Batliwala | Director | 01 Mar 1996 | 30 Years 7 Months | Current |
| Shreyas Alias Ashok Narayan Pathare | Director | 01 Mar 1996 | 30 Years 7 Months | Current |
| Sushma Narayan Pathare Also directs: Pax Enterprise Private Limited, Pax Hygiene Private Limited | Director | 31 Mar 1997 | 29 Years 6 Months | Current |
| Pervez Minocher Batliwala Also directs: Paxchem Limited, Pax Enterprise Private Limited | Director | 30 Jun 1980 | 46 Years 3 Months | Current |
Ownership and Shareholding of Pax Polysynth 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 Pax Polysynth Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 18 Jun 2015 | Yes Bank Limited | ₹14.55 Cr | Open |
| 25 Mar 2009 | Nkgsb Co-Op Bank Ltd | ₹12.96 Cr | Satisfied |
| 31 Mar 2008 | Nkgsb Co-Op Bank Ltd | ₹14.6 Cr | Satisfied |
| 22 Sep 2005 | Bank of Maharashtra | ₹1.2 Cr | Satisfied |
| 26 Nov 2001 | The North Kanara G.S.B.Co-Operative Bank Ltd. | ₹6.44 Cr | Satisfied |
Total charge records: 6 View all charges
Legal Cases of Pax Polysynth Private Limited
Pax Polysynth Private Limited has 17 court cases on record: 7 filed by Pax Polysynth, 1 filed against it, 9 where it is another party. 8 cases are pending and 9 are disposed. Status as checked between 21 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 9 | 1 | 2 |
| District courts | 8 | 0 | 6 |
Cases on record (5 of 17)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thane, Maharashtra | Court case (Civil M.A.) | Filed by the company against Yes Bank Limited | Pending |
| District court, Thane, Maharashtra | Civil suit | Filed by the company against Yes Bank Limited | Pending |
| District court, Thane, Maharashtra | Court case (Other Misc.Cri.Appln) | Filed by the company against Yes Bank Limited | Pending |
| District court, Thane, Maharashtra | Criminal miscellaneous application | Filed by the company against Yes Bank Limited | Pending |
| Bombay High Court | Company petition | Filed by the company against Yes Bank Limited | Disposed |
Full case history
All 17 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.
Employees and EPFO Compliance at Pax Polysynth Private Limited
Employment history and EPFO contributions of people linked to Pax Polysynth.
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.
Name History of Pax Polysynth Private Limited
Pax Polysynth has undergone 2 name changes throughout its history. The company was previously known as Spenta Polysynth Private Limited, and Pinnacle Chemicals Private Limited. The current legal name is Pax Polysynth Private Limited.
| Company Name | Status |
|---|---|
| Pax Polysynth Private Limited | Current |
| Spenta Polysynth Private Limited | Previous |
| Pinnacle Chemicals Private Limited | Previous |
Recent Activity on Pax Polysynth Private Limited
Pax Polysynth Private Limited has 5 board changes on record since 1980: 4 appointments and 1 cessation. The latest: Pravin Natvarlal Vepari ceased to be Additional Director on 31 Mar 2006.
12 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Pax Polysynth 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.
MSME Payment Delays by Pax Polysynth Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Pax Polysynth 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 Pax Polysynth Private Limited
Pax Polysynth has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
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 Pax Polysynth 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 Pax Polysynth Private Limited
Pax Polysynth is an active private limited company based in Navi Mumbai, Maharashtra, India. The company works in industrial chemicals, within the chemicals and materials industry. It was incorporated on 30 June 1980 (46+ years old) and is registered under CIN U24110MH1980PTC022779.
Pax Polysynth has 4 current directors:
- Xerxes Pervez Batliwala - Director
- Shreyas Alias Ashok Narayan Pathare - Director
- Sushma Narayan Pathare - Director
- Pervez Minocher Batliwala - Director
No. Pax Polysynth has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Pax Polysynth is U24110MH1980PTC022779. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Pax Polysynth has 17 court cases on record: 7 filed by the company and 1 filed against it. 8 are pending. Most are in the high courts.
Pax Polysynth was incorporated on 30 June 1980, making it 46+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Pax Polysynth by revenue are Patchaiamman Cement Private Limited, Niche Chemlinks Private Limited, Prasol Aromatics Private Limited, Gorwara Industries Private Limited, Mountgreen Enterprises (India) Private Limited and 5 more, all in the Chemicals industry (Industrial Chemicals).
Pravin Natvarlal Vepari ceased to be Additional Director on 31 Mar 2006. Sushma Narayan Pathare was appointed as Director on 31 Mar 1997. Shreyas Alias Ashok Narayan Pathare was appointed as Director on 01 Mar 1996. Pax Polysynth has 5 board changes on record in total.
Pax Polysynth can be reached through the website paxgroup.com. Its registered office is in Navi Mumbai, Maharashtra, India.
The registered office of Pax Polysynth is at W – 179 T.T.C. Industrial Area Pawane M.I.D.C., Navi Mumbai, Maharashtra, India.
Pax Polysynth has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹13.55 Lakh.