Shree Sumangal India Private Limited

Imports and distributes polymers from various countries as a del credere agent.

2009 | Sangli, Maharashtra (India) | Active
Last Updated: July 29, 2024

Shree Sumangal India Profile

Key Indicators

  • Authorised Capital ₹ 12.00 Cr
  • Paid Up Capital ₹ 12.00 Cr
  • Company Age 15 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 158.25 Cr
  • Satisfied Charges ₹ 67.50 Cr
  • Revenue Growth 37.67%
  • Profit Growth 148.44%
  • Ebitda 2785.73%
  • Net Worth 40.23%
  • Total Assets 36.46%

About Shree Sumangal India

Shree Sumangal India Private Limited (SSIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 19 August 2009 and has a history of 15 years and six months. Its registered office is in Sangli, Maharashtra, India.

The Corporate was formerly known as Sumangal Chemplast Private Limited. The Company is engaged in the Chemicals And Materials Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 12.00 Cr and a paid-up capital of Rs 12.00 Cr.

The company currently has active open charges totaling ₹158.25 Cr. The company has closed loans amounting to ₹67.50 Cr, as per Ministry of Corporate Affairs (MCA) records.

Umang Parekh, Piyush Parekh, and Jayshree Parekh serve as directors at the Company.

Company Details

  • Location

    Sangli, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U51900MH2009PTC195033

  • Company No.

    195033

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    19 Aug 2009

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Chemicals and Materials

Who are the key members and board of directors at Shree Sumangal India?

Executive Team (1)

NameDesignationAppointment DateStatus
Umang Parekh Country flag representing In Managing Director19-Aug-2009Current

Board Members (2)

NameDesignationAppointment DateStatus
Piyush Parekh Country flag representing In Whole-Time Director 23-May-2014Current
Jayshree Parekh Country flag representing In Whole-Time Director 30-Sep-2016Current

Financial Performance of Shree Sumangal India.

Shree Sumangal India Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 37.67% increase. The company also saw a substantial improvement in profitability, with a 148.44% increase in profit. The company's net worth Soared by an impressive increase of 40.23%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
37.67%
Revenue from Operations
38.52%
Total Assets
36.46%
Profit or Loss
148.44%
Net Worth
40.23%
EBITDA
2785.73%

What is the Ownership and Shareholding Structure of Shree Sumangal India?

In 2023, Shree Sumangal India had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹158.25 Cr

Satisfied Charges

₹67.50 Cr

Charges Breakdown by Lending Institutions

  • Others : 83.25 Cr
  • Sbicap Trustee Company Limited : 60.00 Cr
  • Citi Bank N.A. : 15.00 Cr

Latest Charge Details

DateLenderAmountStatus
26 Dec 2023Citi Bank N.A.₹15.00 CrOpen
28 Nov 2023Sbicap Trustee Company Limited₹60.00 CrOpen
12 Feb 2020Others₹8.75 CrOpen
18 Mar 2019Others₹39.50 CrOpen
24 Dec 2018Others₹35.00 CrOpen

How Many Employees Work at Shree Sumangal India?

Shree Sumangal India has a workforce of 24 employees as of Apr 08, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Shree Sumangal India, 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 Shree Sumangal India's trajectory.

Rating

Graph displaying rating trends over time

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

Alert Indicator

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.

Latest Updates, News, and FAQs on Shree Sumangal India

Recent activity within the organization

  • Charges

    A charge with Citi Bank N.A. amounted to Rs. 15.00 Cr with Charge ID 100842252 was registered on 26 Dec 2023.

    26 Dec 2023

  • Charges

    A charge with Sbicap Trustee Company Limited of Rs. 60.00 Cr registered on 28 Nov 2023 with Charge ID 100822579 was modified on 14 Dec 2023.

    14 Dec 2023

  • Charges

    A charge with Sbicap Trustee Company Limited amounted to Rs. 60.00 Cr with Charge ID 100822579 was registered on 28 Nov 2023.

    28 Nov 2023

  • Annual General Meeting

    Shree Sumangal India Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Shree Sumangal India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge registered on 19 Jun 2018 via Charge ID 100189263 with Others was fully satisfied on 06 Jan 2022.

    06 Jan 2022

Frequently asked questions

  • Shree Sumangal India Private Limited was incorporated on 19 Aug 2009.

  • The authorized share capital of Shree Sumangal India Private Limited is ₹ 12.00 Cr and paid-up capital is ₹ 12.00 Cr.

  • Currently 3 directors are associated with Shree Sumangal India Private Limited.

    • Umang Rajesh Parekh
    • Piyush Yogesh Parekh
    • Jayshree Khushaldas Parekh
  • As per Ministry of Corporate Affairs (Mca), the registered address of Shree Sumangal India Private Limited is 753 Ganpati Peth Sangli, Maharashtra, India, 416416.

  • The corporate identification number (CIN) of Shree Sumangal India Private Limited is U51900MH2009PTC195033 and the company number is 195033 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Shree Sumangal India Private Limited has risen by 37.67%.

  • As Per 2023 financial reports, 24 employees are currently employed by Shree Sumangal India Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Shree Sumangal India Private Limited has experienced an upsurge of 40.23%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Shree Sumangal India Private Limited amount to ₹ 158.25 Cr.

  • The most recent Balance Sheet for Shree Sumangal India Private Limited was filed with the ROC on 31 Mar 2023.

People also Viewed

Similar Companies Based on Chemical Distribution & Retail