India's Richest People 2026 edition · 1 director · Source: Hurun India
- #472 Mahesh P Babani ₹7,400 Cr
Revenue · FY 2025
₹6.47 Cr
▲ 163% YoY
Net loss · FY 2025
₹4.58 Cr
Net margin -70.9%
EBITDA · FY 2025
₹1.88 Cr
EBITDA margin 29.1%
Authorised capital
₹35 Cr
Registered with MCA
Paid-up capital
₹35 Cr
Issued & subscribed
Company age
5 yrs
Est. 2021
Employees · EPFO
39
Provident fund records
Directors on board
6
As per MCA filings
About Prigiv Specialties Private Limited
Data last updated:
Prigiv Specialties Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Privi Speciality Chemicals Limited. It operates in the aromatics and benzene derivatives segment of the chemicals and materials sector. It was incorporated on 01 September 2021 and has been in existence for over 5 years.
Its director Mahesh P Babani is #472 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24290MH2021PTC366682. Its GSTIN is 27AAMCP2530R1ZT (Maharashtra).
The company has an authorised share capital of ₹35 Cr and a paid-up capital of ₹35 Cr. It is led by directors including Karthikeyan Shanmugam and Narendra Kumar Anand Ambwani.
Its last annual general meeting (AGM) was held on 18 June 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Privi House A – 71 Ttc Thane Belapur Road Near Koparkhairane Railway Station, Mumbai, Maharashtra, India – 400709.
As per the financials filed for FY 2025, the company reported a revenue of ₹6.47 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹4.58 Cr (net margin -70.9%) and EBITDA of ₹1.88 Cr (EBITDA margin 29.1%).
The company has about 39 employees on its provident fund (EPFO) records.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website privi.com.
Company details
CIN U24290MH2021PTC366682
Registration Number 366682
Incorporation Date 01 September 2021
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 18 June 2025
Date of Balance Sheet 31 March 2025
Parent Company Privi Speciality Chemicals Limited
Compliance Status Active Compliant
Key People
Karthikeyan Shanmugam Director Narendra Kumar Anand Ambwani Director Naresh Tejwani Madhu Director Recognitions & Rankings of Prigiv Specialties
Contact details
Prigiv Specialties Private Limited's registered office is in Mumbai, Maharashtra. Its website is privi.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPrivi House A – 71 Ttc Thane Belapur Road Near Koparkhairane Railway Station, Mumbai, Maharashtra, India – 400709
- IndustryChemicals and Materials, Aromatics & Benzene Derivatives
To see the full contact details of Prigiv Specialties Private Limited, buy the company report.
Comprehensive company report
Prigiv Specialties 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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Financials of Prigiv Specialties Private Limited
FY 2025 filings availablePrigiv Specialties Private Limited reported revenue of ₹6.47 Cr (up 163% YoY) for FY 2025.
Revenue · FY 2025
₹6.47 Cr ▲ 163%
Net loss · FY 2025
₹4.58 Cr margin -70.9%
EBITDA · FY 2025
₹1.88 Cr margin 29.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 163%
EBITDA CAGR growth
1 year
▼ 23%
Revenue rose 163% in the latest year. EBITDA fell 23% in the latest 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 |
|---|---|---|---|---|
| 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 | ₹1.88 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹4.58 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 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 29.1% | |||
| Net Profit Margin | -70.9% | |||
| 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 Prigiv Specialties Private Limited, buy the company report.
Board of directors of Prigiv Specialties Private Limited
Prigiv Specialties has 6 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Karthikeyan Shanmugam | Director | 03 May 2022 | 4 Years 6 Months | Current |
| Narendra Kumar Anand Ambwani Also directs: Banswara Syntex Ltd, Broadcast Audience Research Council, The Indian Society of Advertisers and 1 more | Director | 03 May 2022 | 4 Years 6 Months | Current |
| Naresh Tejwani Madhu | Director | 05 Feb 2025 | 1 Years 9 Months | Current |
| Jyoti Mahesh Babani | Director | 01 Sep 2021 | 5 Years 2 Months | Current |
| Mahesh Purshottam Babani Also directs: Babani Brothers LLP, Pee Vee Premises LLP, Privi Speciality Chemicals Limited and 3 more | Director | 01 Sep 2021 | 5 Years 2 Months | Current |
| Nandita Jacob | Director | 21 Oct 2024 | 2 Years 0 Months | Current |
Peer comparison
Prigiv Specialties Private Limited is compared with the 10 companies closest to it by revenue in the Chemicals industry (Aromatics), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Venkatapathi Aromatics Private Limited | ₹6.79 Cr (FY 2024) | 9.0% | Guntur, Andhra Pradesh, India | |||
| Ansam Aromas Private Limited | ₹6.7 Cr (FY 2025) | -6.0% | Delhi, India | |||
| Buddh Incense Private Limited | ₹6.67 Cr (FY 2024) | 56.0% | Mumbai, Maharashtra, India | |||
| Ruchi Menthol Private Limited | ₹6.64 Cr (FY 2025) | 18.0% | Thane, Maharashtra, India | |||
| Uttam Camphor Works Private Limited | ₹6.63 Cr (FY 2024) | 128.0% | Kasganj, Uttar Pradesh, India | |||
| Prigiv Specialties Private Limitedthis company | ₹6.47 Cr (FY 2025) | -₹4.58 Cr | -70.9% | 163.0% | 39 | Mumbai, Maharashtra, India |
| Privi Organics Limited | ₹6.33 Cr (FY 2022) | 558.0% | Thane, Maharashtra, India | |||
| A and T Banon Private Limited | ₹6.24 Cr (FY 2023) | 171.0% | Himachal Pardesh, Himachal Pradesh, India | |||
| Image Specialities India Private Limited | ₹6.19 Cr (FY 2024) | 29.0% | Bengaluru, Karnataka, India | |||
| Tejjas Incense Private Limited | ₹6.17 Cr (FY 2025) | -5.0% | Bangalore, Karnataka, India | |||
| Tojo Vikas Biotech Private Limited | ₹6.12 Cr (FY 2025) | 206.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Prigiv Specialties Private Limited, buy the company report.
Auditor
Prigiv Specialties Private Limited is audited by E.E SITABKHAN & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| E.E SITABKHAN & CO. | FY 2023 | 110300W |
Shareholding
The shareholding of Prigiv Specialties Private Limited is on record for 2 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Prigiv Specialties Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Prigiv Specialties 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
No delayed payments to MSME suppliers are on our record for Prigiv Specialties Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Prigiv Specialties Private Limited has a workforce of 39 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
Employee count
39
Active EPFO establishments
1
Employee growth
680%
GST
Prigiv Specialties has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAMCP2530R1ZT | Maharashtra | Active | 22 Oct 2021 |
To see the full GST registrations and return filing status of Prigiv Specialties Private Limited, buy the company report.
Recent activity
Prigiv Specialties Private Limited has 13 board changes on record since 2021: 6 appointments and 7 cessations. The latest: Nandita Jacob ceased to be Additional Director on 17 Jun 2025.
AGM
Prigiv Specialties Private Limited last Annual general meeting of members was held on 18 Jun 2025 as per latest MCA records.
Ceased
Nandita Jacob ceased to be Additional Director.
Ceased
Naresh Tejwani Madhu ceased to be Additional Director.
Filing
Prigiv Specialties Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Appointed
Naresh Tejwani Madhu was appointed as Director.
Appointed
Nandita Jacob was appointed as Director.
Ceased
Dwarko Topandas Khilnani ceased to be Additional Director.
Ceased
Karthikeyan Shanmugam ceased to be Additional Director.
Ceased
Mohanrao Chandappa Suvarna ceased to be Additional Director.
Ceased
Narendra Kumar Anand Ambwani ceased to be Additional Director.
Appointed
Karthikeyan Shanmugam was appointed as Director.
Appointed
Narendra Kumar Anand Ambwani was appointed as Director.
4 earlier events are in the company report.
Frequently asked questions
Prigiv Specialties is an active private limited company based in Mumbai, Maharashtra, India. The company works in aromatics and benzene derivatives, within the chemicals and materials industry. It was incorporated on 01 September 2021 (5+ years old) and is registered under CIN U24290MH2021PTC366682.
Prigiv Specialties has 6 current directors:
- Karthikeyan Shanmugam - Director
- Narendra Kumar Anand Ambwani - Director
- Naresh Tejwani Madhu - Director
- Jyoti Mahesh Babani - Director
- Mahesh Purshottam Babani - Director
- Nandita Jacob - Director
The latest financial statements of Prigiv Specialties on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 18 June 2025. Year-wise statements from FY 2022 are in the company report.
The GSTIN of Prigiv Specialties is 27AAMCP2530R1ZT, registered in Maharashtra.
The CIN (Corporate Identification Number) of Prigiv Specialties is U24290MH2021PTC366682. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Prigiv Specialties was incorporated on 01 September 2021, making it 5+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Prigiv Specialties by revenue are Venkatapathi Aromatics Private Limited, Ansam Aromas Private Limited, Buddh Incense Private Limited, Ruchi Menthol Private Limited, Uttam Camphor Works Private Limited and 5 more, all in the Chemicals industry (Aromatics).
Nandita Jacob ceased to be Additional Director on 17 Jun 2025. Naresh Tejwani Madhu ceased to be Additional Director on 17 Jun 2025. Naresh Tejwani Madhu was appointed as Director on 05 Feb 2025. Prigiv Specialties has 13 board changes on record in total.
Prigiv Specialties can be reached through the website privi.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Prigiv Specialties is at Privi House A – 71 Ttc Thane Belapur Road Near Koparkhairane Railway Station, Mumbai, Maharashtra, India – 400709.
Prigiv Specialties operates in the chemicals and materials industry, in the aromatics and benzene derivatives segment.
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