About Witmans Petrochem Private Limited
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Witmans Petrochem Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the petrochemicals and derivatives segment of the chemicals and materials sector. It was incorporated on 24 August 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U23200MH1992PTC068244. Its GSTIN is 27AAACW2980Q1ZM (Maharashtra).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹22.38 Lakh. It was formerly known as Witmans Petrochem Limited. It is led by directors including Veena Ravi Saini (Whole-Time Director) and Abid Abubaker Babla.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 205 – 206 Kalpataru Plaza Chincholi Bunder Road Malad (West ), Mumbai, Maharashtra, India – 400064.
As per the financials filed for FY 2025, the company reported a revenue of ₹267.06 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹12.26 Cr (net margin 4.6%) and EBITDA of ₹16.48 Cr (EBITDA margin 6.2%). Revenue has grown at a compounded annual rate (CAGR) of 36% over three years and 36% over five years.
The company is associated with 1 brand: Witmans. As per MCA filings, the company has open charges of ₹48.04 Cr on record. The company has 3 deals on record (3 secondary share transfers); the latest was in March 2025.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website witmansgroup.com.
Company details
CIN history
Witmans Petrochem has one previous CIN (Corporate Identification Number): U23200MH1992PLC068244. The current CIN is U23200MH1992PTC068244, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U23200MH1992PTC068244 | Current |
| U23200MH1992PLC068244 | Previous |
Contact details
Witmans Petrochem Private Limited's registered office is in Mumbai, Maharashtra. Its website is witmansgroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address205 – 206 Kalpataru Plaza Chincholi Bunder Road Malad (West ), Mumbai, Maharashtra, India – 400064
- IndustryChemicals and Materials, Petrochemicals & Derivatives
To see the full contact details of Witmans Petrochem Private Limited, buy the company report.
- 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
Brands
Witmans Petrochem operates one associated brand: Witmans. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturer specializing in production of performance lubricants, plasticizers, and specialty coatings for various industries | witmansgroup.com |
Financials of Witmans Petrochem Private Limited
FY 2024 filings availableWitmans Petrochem Private Limited reported revenue of ₹267.06 Cr (up 180% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 36% over five years, including 180% growth in the latest year. EBITDA fell 6% 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 |
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| EBITDA | ₹16.48 Cr | ||||
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| Net Profit (PAT) | ₹12.26 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.2% | ||||
| Net Profit Margin | 4.6% | ||||
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To see the full financial statements and ratios of Witmans Petrochem Private Limited, buy the company report.
Board of directors of Witmans Petrochem Private Limited
Witmans Petrochem has 5 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Abid Abubaker Babla Also directs: Papro Industries LLP | Director | 20 May 2024 | 2 Years 5 Months | Current |
| Veena Ravi Saini | Whole-Time Director | 16 May 2009 | 17 Years 5 Months | Current |
| Mohommed Siddique Abubaker Babla Also directs: Papro Industries LLP | Additional Director | 16 Jun 2025 | 1 Years 4 Months | Current |
| Suman Rajendra Saini | Director | 01 Apr 2008 | 18 Years 6 Months | Current |
| Ravi Ramlalsingh Saini | Director | 24 Aug 1992 | 34 Years 2 Months | Current |
Auditor
Witmans Petrochem Private Limited is audited by R. D. JAIN & CO. for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R. D. JAIN & CO. | FY 2024 | 103955W |
Shareholding
The shareholding of Witmans Petrochem Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Witmans Petrochem Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Dec 2017 | 100176420 | State Bank of India | ₹48.04 Cr | Open |
Total charge records: 1 View all charges
Deals & funding
Witmans Petrochem Private Limited has 3 deals on record (3 secondary share transfers); the latest was in March 2025.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2025 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 4 individuals |
| Oct 2009 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2009 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Witmans Petrochem 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 Witmans Petrochem Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Witmans Petrochem has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACW2980Q1ZM | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Witmans Petrochem Private Limited, buy the company report.
Recent activity
Witmans Petrochem Private Limited has 13 board changes on record since 1992: 7 appointments and 6 cessations. The latest: Mohommed Siddique Abubaker Babla was appointed as Additional Director on 16 Jun 2025.
5 earlier events are in the company report.
Frequently asked questions
Witmans Petrochem is an active private limited company based in Mumbai, Maharashtra, India. The company works in petrochemicals and derivatives, within the chemicals and materials industry. It was incorporated on 24 August 1992 (34+ years old) and is registered under CIN U23200MH1992PTC068244.
Witmans Petrochem has 5 current directors:
- Veena Ravi Saini - Whole-Time Director
- Abid Abubaker Babla - Director
- Mohommed Siddique Abubaker Babla - Additional Director
- Suman Rajendra Saini - Director
- Ravi Ramlalsingh Saini - Director
The latest financial statements of Witmans Petrochem on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Witmans Petrochem is 27AAACW2980Q1ZM, registered in Maharashtra.
The CIN (Corporate Identification Number) of Witmans Petrochem is U23200MH1992PTC068244. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Witmans Petrochem was incorporated on 24 August 1992, making it 34+ years old. It is registered with the Registrar of Companies, Mumbai.
Witmans Petrochem has 3 deals on record (3 secondary share transfers); the latest was in March 2025.
Mohommed Siddique Abubaker Babla was appointed as Additional Director on 16 Jun 2025. Abid Abubaker Babla ceased to be Additional Director on 29 Sep 2024. Abid Abubaker Babla was appointed as Director on 20 May 2024. Witmans Petrochem has 13 board changes on record in total.
Witmans Petrochem can be reached through the website witmansgroup.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Witmans Petrochem is at 205 – 206 Kalpataru Plaza Chincholi Bunder Road Malad West , Mumbai, Maharashtra, India – 400064.