Vastani Chemicals Limited

Vastani Chemicals Limited - chemicals and materials in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U24110MH2002PLC137719 Incorporated 28 October 2002 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Public Limited Company chemicals and materials MSME · Medium
Data last updated
Revenue · FY 2025
₹128.33 Cr
▲ 85% YoY
Net profit · FY 2025
₹75.81 Lakh
Net margin 0.6%
EBITDA · FY 2025
₹1.54 Cr
EBITDA margin 1.2%
Authorised capital
₹35 Lakh
Registered with MCA
Paid-up capital
₹25 Lakh
Issued & subscribed
Open charges
₹13.05 Cr
Satisfied ₹80 Lakh
Company age
24 yrs
Est. 2002
Directors on board
3
As per MCA filings

About Vastani Chemicals Limited

Data last updated:

Vastani Chemicals Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the industrial chemicals segment of the chemicals and materials sector. It was incorporated on 28 October 2002 and has been in existence for over 24 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24110MH2002PLC137719. Its GSTIN is 27AABCV5843Q1ZM (Maharashtra). The company holds 3 GST registrations, of which 2 are active.

The company has an authorised share capital of ₹35 Lakh and a paid-up capital of ₹25 Lakh. It is led by directors including Ankit Rajesh Vastani (Whole-Time Director) and Bhavin Rajnikant Vaghani (Whole-Time Director).

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 Office No.1101 Ghanshyam Enclave Chs Ltd New Link Road Kandivali West, Mumbai, Maharashtra, India – 400067.

As per the financials filed for FY 2025, the company reported a revenue of ₹128.33 Cr, a growth of 85% compared to the previous year. For the same year it recorded a net profit of ₹75.81 Lakh (net margin 0.6%) and EBITDA of ₹1.54 Cr (EBITDA margin 1.2%). Revenue has grown at a compounded annual rate (CAGR) of 43% over three years and 74% over five years.

As per MCA filings, the company has open charges of ₹13.05 Cr and satisfied charges of ₹80 Lakh on record. Court records list 1 case involving the company, including 1 filed against it. The company has 4 deals on record (2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹10 Lakh; the latest was in September 2021. The company has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 4 overdue payments to 1 micro and small supplier.

Vastani Chemicals Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-20-0012412). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vastanichem.com.

Company details

CIN U24110MH2002PLC137719
Registration Number 137719
Incorporation Date 28 October 2002
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-GJ-20-0012412

CIN history

Vastani Chemicals has one previous CIN (Corporate Identification Number): L24110MH2002PLC137719. The current CIN is U24110MH2002PLC137719, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U24110MH2002PLC137719Current
L24110MH2002PLC137719Previous
Key People
Ankit Rajesh Vastani Whole-Time Director Bhavin Rajnikant Vaghani Whole-Time Director Rajesh Vinodrai Vastani Whole-Time Director

Recognitions & Rankings of Vastani Chemicals

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-GJ-20-0012412

Contact details

Vastani Chemicals Limited's registered office is in Mumbai, Maharashtra. Its website is vastanichem.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    vastanichem.com
  • Registered Address
    Office No.1101 Ghanshyam Enclave Chs Ltd New Link Road Kandivali West, Mumbai, Maharashtra, India – 400067
  • Industry
    Chemicals and Materials, Industrial Chemicals

To see the full contact details of Vastani Chemicals Limited, buy the company report.

Comprehensive company report
Vastani Chemicals 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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Business activity

The main business activity of Vastani Chemicals is trade. In detail, this covers wholesale trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG1Wholesale Trading

To see the full business activity and turnover split of Vastani Chemicals Limited, buy the company report.

Financials of Vastani Chemicals Limited

FY 2025 filings available

Vastani Chemicals Limited reported revenue of ₹128.33 Cr (up 85% YoY) for FY 2025.

Revenue · FY 2025
₹128.33 Cr ▲ 85%
Net profit · FY 2025
₹75.81 Lakh margin 0.6%
EBITDA · FY 2025
₹1.54 Cr margin 1.2%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 85%
3 years · compounded
▲ 43%
5 years · compounded
▲ 74%
EBITDA CAGR growth
1 year
▲ 11%
3 years · compounded
▲ 21%
5 years · compounded
▲ 19%

Revenue has grown at a compounded annual rate (CAGR) of 74% over five years, including 85% growth in the latest year. EBITDA rose 11% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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₹1.54 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹75.81 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin1.2%
Net Profit Margin0.6%
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 Vastani Chemicals Limited, buy the company report.

Board of directors of Vastani Chemicals Limited

Vastani Chemicals has 3 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Ankit Rajesh Vastani
Also directs: Vastani Naturals LLP
Whole-Time Director07 May 20215 Years 5 MonthsCurrent
Bhavin Rajnikant VaghaniWhole-Time Director16 Oct 201214 Years 0 MonthsCurrent
Rajesh Vinodrai VastaniWhole-Time Director16 Oct 201214 Years 0 MonthsCurrent
View all directors

Auditor

Vastani Chemicals Limited is audited by PARASHAR DARJI & CO. for the financial year 2023.

Auditor firmFinancial yearFirm registration number
PARASHAR DARJI & CO.FY 2023142844W

Shareholding

The shareholding of Vastani Chemicals 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Vastani Chemicals Limited, buy the company report.

Charges & borrowings

Open charges
₹13.05 Cr
Satisfied charges
₹80 Lakh
Breakdown by lending institutions
Others₹13.00 Cr
Hdfc Bank Limited₹0.05 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
25 Nov 2025101192100Hdfc Bank Limited₹4.83 LakhOpen
13 Jun 2022100587211Others₹13 CrOpen
11 Jul 200810174156The Kapol Co-Oerative Bank Limited₹80 LakhSatisfied

To see the full charge records of Vastani Chemicals Limited, buy the company report.

Total charge records: 3 View all charges

Deals & funding

Vastani Chemicals Limited has 4 deals on record (2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹10 Lakh; the latest was in September 2021.

Total deals
4
Funding rounds
2
Secondary share transfers
2
Disclosed funding
₹10 Lakh

Deals on record (4 of 4)

WhenDealAmountParties
Sep 2021Secondary share transferUndisclosedBuyer: 2 individuals
Seller: 2 individuals
Feb 2014Funding round₹5 LakhInvestors: an individual
Jul 2013Secondary share transferUndisclosedBuyer: 4 individuals
Seller: 4 individuals
Mar 2012Funding round₹5 LakhInvestors: an individual

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

Vastani Chemicals Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 4 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)

SupplierAmount dueDue sinceReported on
Solvo Chem

To see the full MSME payment records of Vastani Chemicals Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

GST

Vastani Chemicals has 3 GST registrations: 2 active and 1 cancelled or inactive.

Total GSTINs
3
Active
2
Cancelled / inactive
1
GSTINStateStatusRegistered on
27AABCV5843Q1ZMMaharashtraActive01 Jul 2017
24AABCV5843Q1ZSGujaratActive01 Jul 2017

To see the full GST registrations and return filing status of Vastani Chemicals Limited, buy the company report.

Recent activity

Vastani Chemicals Limited has 14 board changes on record since 2008: 3 appointments and 11 cessations. The latest: Natverlal Manilal Malkan ceased to be Director on 15 Jun 2024.

Charges
A charge with Hdfc Bank Limited amounted to Rs. 4.83 Lakh with Charge ID 101192100 was registered on 25 Nov 2025.
Charges
A charge with Others of Rs. 1,300.00 Lakh registered on 13 Jun 2022 with Charge ID 100587211 was modified on 28 Oct 2025.
AGM
Vastani Chemicals Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Vastani Chemicals Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Ceased
Natverlal Manilal Malkan ceased to be Director.
Charges
A charge with Others amounted to Rs. 1,300.00 Lakh with Charge ID 100587211 was registered on 13 Jun 2022.
Ceased
Ankit Rajesh Vastani ceased to be Additional Director.
Appointed
Ankit Rajesh Vastani was appointed as Whole-Time Director.
Ceased
Mehul Natvarlal Oza ceased to be Director.
Ceased
Parthiv Bharat Sanghavi ceased to be Director.
Ceased
Siddharth Pankaj Shah ceased to be Director.
Ceased
Kamlesh Vinodrai Vastani ceased to be Director.

10 earlier events are in the company report.

Frequently asked questions

Vastani Chemicals is an active public limited company based in Mumbai, Maharashtra, India. The company works in industrial chemicals, within the chemicals and materials industry. It was incorporated on 28 October 2002 (24+ years old) and is registered under CIN U24110MH2002PLC137719.

Vastani Chemicals has 3 current directors:

The latest financial statements of Vastani Chemicals 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 Vastani Chemicals is 27AABCV5843Q1ZM, registered in Maharashtra. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 24AABCV5843Q1ZS (Gujarat).

The CIN (Corporate Identification Number) of Vastani Chemicals is U24110MH2002PLC137719. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Vastani Chemicals has 1 court case on record: 1 filed against it.

Vastani Chemicals was incorporated on 28 October 2002, making it 24+ years old. It is registered with the Registrar of Companies, Mumbai.

Vastani Chemicals has 4 deals on record (2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹10 Lakh; the latest was in September 2021.

Natverlal Manilal Malkan ceased to be Director on 15 Jun 2024. Ankit Rajesh Vastani ceased to be Additional Director on 30 Nov 2021. Ankit Rajesh Vastani was appointed as Whole-Time Director on 07 May 2021. Vastani Chemicals has 14 board changes on record in total.

Yes, Vastani Chemicals is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-20-0012412).

Vastani Chemicals has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 4 overdue payments to 1 micro and small supplier. The latest return was filed on 08 Jun 2019.