Santosh Starch Products Profile
Key Indicators
- Authorised Capital ₹ 1.25 Cr
- Paid Up Capital ₹ 1.25 Cr
- Company Age 41 Year, 9 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 36.24 Cr
- Satisfied Charges ₹ 11.26 Cr
- Revenue Growth 51.61%
- Profit Growth 3.41%
- Ebitda 40.69%
- Net Worth 5.20%
- Total Assets 15.43%
About Santosh Starch Products
Santosh Starch Products Limited (SSPL) is a leading Public Limited Indian Non-Government Company incorporated in India on 15 April 1983 and has a history of 41 years and nine months. Its registered office is in Ahmedabad, Gujarat, India.
The Corporate was formerly known as Meghdeep Chemicals P Ltd. The Company is engaged in the Food And Beverages Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 1.25 Cr and a paid-up capital of Rs 1.25 Cr.
The company currently has active open charges totaling ₹36.24 Cr. The company has closed loans amounting to ₹11.26 Cr, as per Ministry of Corporate Affairs (MCA) records.
Company Details
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Location
Ahmedabad, Gujarat, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U24299GJ1983PLC006099
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Company No.
006099
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Company Classification
Public Limited Indian Non-Government Company
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Incorporation Date
15 Apr 1983
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Date of AGM
30 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Ahmedabad
Industry
What products or services does Santosh Starch Products Limited offer?
Santosh Starch Products Limited offers a wide range of products and services, including Flavours & Aromatics, Starch Powder, Food Colors, Adhesives, Glue and Sealants, Adhesive Gum, Food Stabilizer, Cement and Concrete, Concrete Admixture.
Who are the key members and board of directors at Santosh Starch Products?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Mahaveer Chowdhary
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Managing Director | 01-Aug-1994 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
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Sumanth Chowdhary
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Whole-Time Director | 01-May-2011 | Current |
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Shrikant Chowdhary
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Director | 30-Mar-2011 | Current |
Financial Performance of Santosh Starch Products.
Santosh Starch Products Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 51.61% increase. The company also saw a slight improvement in profitability, with a 3.41% increase in profit. The company's net worth moved up by a moderate rise of 5.2%.
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What is the Ownership and Shareholding Structure of Santosh Starch Products?
In 2023, Santosh Starch Products had a promoter holding of 100.00%. The company had 2 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Santosh LimitedShrikant Chowdhary, Sumanth Chowdhary and 1 more are mutual person
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Suvidhi Corporation LimitedShrikant Chowdhary, Sumanth Chowdhary and 1 more are mutual person
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Sanfo Foods Private LimitedMahaveer Chowdhary is a mutual person
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Hindustan Biopolymers Private LimitedShrikant Chowdhary, Sumanth Chowdhary and 1 more are mutual person
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Axis Chemicals Private Limited
Sumanth Chowdhary is a mutual person
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Pruthvi Constructions And Developers Private Limited
Mahaveer Chowdhary is a mutual person
Charges (Loans)
₹36.24 Cr
₹11.26 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 33.34 Cr
- Sidbi : 2.15 Cr
- Hdfc Bank Limited : 0.75 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Jun 2024 | Sidbi | ₹2.15 Cr | Open |
| 03 Oct 2023 | Hdfc Bank Limited | ₹2.49 M | Open |
| 03 Oct 2023 | Hdfc Bank Limited | ₹2.49 M | Open |
| 03 Oct 2023 | Hdfc Bank Limited | ₹2.49 M | Open |
| 07 Oct 2013 | State Bank Of India | ₹33.34 Cr | Open |
How Many Employees Work at Santosh Starch Products?
Santosh Starch Products has a workforce of 38 employees as of Apr 07, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Santosh Starch Products, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Santosh Starch Products's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
