Sicom Limited

NBFC providing financial and advisory services including loans, bill discounting, and IPO financing.

1966 | Mumbai, Maharashtra (India) | Active
Last Updated: December 17, 2024

Sicom Profile

Key Indicators

  • Authorised Capital ₹ 250.00 Cr
  • Paid Up Capital ₹ 60.77 Cr
  • Company Age 58 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 4,095.00 Cr
  • Satisfied Charges ₹ 7,872.00 Cr
  • Revenue Growth -45.88%
  • Profit Growth 105.92%
  • Ebitda 138.11%
  • Net Worth 3.18%
  • Total Assets -5.99%

About Sicom

Sicom Limited (SL) was founded in India on 31 March 1966 and has a glorious history of 58 years and ten months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as The State Industrial And Investment Corporation Of Maharashtra Limited. The Company is engaged in the Financial Services 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 250.00 Cr and a paid-up capital of Rs 60.77 Cr.

The company currently has active open charges totaling ₹4,095.00 Cr. The company has closed loans amounting to ₹7,872.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Sicom Limited India are Nitin Pralhad as CFO and Chetna Vasani as Company Secretary. Rajib Sahoo, Sandeep Chitnis, Rahul Gupta, and Four other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    sicomindia.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U65990MH1966PLC013459

  • Company No.

    013459

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    31 Mar 1966

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Financial Services

What products or services does Sicom Limited offer?

Sicom Limited offers a wide range of products and services, including Corporate Finance & Leasing Advisors, Financial Service, Business Auditing & Valuation, Foreign Exchange.

Who are the key members and board of directors at Sicom?

Executive Team (3)

NameDesignationAppointment DateStatus
Kanhuraj Bagate Managing Director09-Jul-2024Current
Nitin Pralhad CFO26-Apr-2022Current
Chetna Vasani Company Secretary21-Jun-2021Current

Board Members (6)

NameDesignationAppointment DateStatus
Sandeep Chitnis Country flag representing In Director 14-Jun-2023Current
Rahul Gupta Country flag representing Sg Nominee Director 20-Jul-2010Current
Ashok Paranjpe Country flag representing In Director 22-Jun-2023Current
Rajib Sahoo Country flag representing In Director 07-Sep-2021Current
Harshadeep Kamble Country flag representing In Nominee Director 22-Jun-2017Current
Deependra Kushwah Country flag representing In Nominee Director 16-Nov-2022Current

Financial Performance of Sicom.

Sicom Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 45.88% decrease. The company also saw a substantial improvement in profitability, with a 105.92% increase in profit. The company's net worth moved up by a moderate rise of 3.18%.

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
-45.88%
Revenue from Operations
-53.20%
Total Assets
-5.99%
Profit or Loss
105.92%
Net Worth
3.18%
EBITDA
138.11%

What is the Ownership and Shareholding Structure of Sicom?

In 2021, Sicom had a promoter holding of 49.07% and a public holding of 50.93%. The company had 5 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹4,095.00 Cr

Satisfied Charges

₹7,872.00 Cr

Charges Breakdown by Lending Institutions

  • Idbi Trusteeship Services Limited : 4000.00 Cr
  • Central Bank Of India : 50.00 Cr
  • Lakshmi Vilas Bank Limited : 25.00 Cr
  • The Bank Of Rajasthan Limited : 20.00 Cr

Latest Charge Details

DateLenderAmountStatus
17 Mar 2056Central Bank Of India₹50.00 CrOpen
26 May 2017Lakshmi Vilas Bank Limited₹25.00 CrOpen
20 Feb 2007The Bank Of Rajasthan Limited₹20.00 CrOpen
20 Feb 2003Idbi Trusteeship Services Limited₹4,000.00 CrOpen
29 Jun 2015Bank Of India₹100.00 CrSatisfied

How Many Employees Work at Sicom?

Sicom has a workforce of 42 employees as of Apr 06, 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 Sicom, 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 Sicom'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 Sicom

Recent activity within the organization

  • Charges

    A charge with Central Bank Of India amounted to Rs. 50.00 Cr with Charge ID 90243955 was registered on 17 Mar 2056.

    17 Mar 2056

  • Annual General Meeting

    Sicom Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Charges

    A charge registered on 10 Dec 2004 via Charge ID 90241257 with Karor Vysya Bank Ltd was fully satisfied on 14 Aug 2024.

    14 Aug 2024

  • Director Appointment

    Kanhuraj Harishchandra Bagate was appointed as a Managing Director was appointed as a Managing Director on 09 Jul 2024 & has been associated with this company since 7 months 14 days .

    09 Jul 2024

  • Balance Sheet

    Sicom Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Director Appointment

    Ashok Anant Paranjpe was appointed as a Director was appointed as a Director on 22 Jun 2023 & has been associated with this company since 1 year 8 months .

    22 Jun 2023

Recent News, Updates & Announcement

Frequently asked questions

  • Sicom Limited was incorporated on 31 Mar 1966.

  • The authorized share capital of Sicom Limited is ₹ 250.00 Cr and paid-up capital is ₹ 60.77 Cr.

  • Currently 9 directors are associated with Sicom Limited.

    • Rajib Sekhar Sahoo
    • Sandeep Mukund Chitnis
    • Rahul Gupta
    • Harshadeep Shriram Kamble
    • Ashok Anant Paranjpe
    • Kanhuraj Harishchandra Bagate
    • Nitin Mahajan Pralhad
    • Chetna Mehul Vasani
    • Deependra Singh Kushwah
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sicom Limited is Solitaire Corporate Park Building No. 4 Guru Hargovindji Road, Andheri (East) India, Mumbai, Maharashtra, 400093.

  • The corporate identification number (CIN) of Sicom Limited is U65990MH1966PLC013459 and the company number is 013459 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Sicom Limited is https://www.sicomindia.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Sicom Limited has fallen by -45.88%.

  • As Per 2022 financial reports, 42 employees are currently employed by Sicom Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Sicom Limited has experienced an upsurge of 3.18%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Sicom Limited amount to ₹ 4,095.00 Cr.

  • The most recent Balance Sheet for Sicom Limited was filed with the ROC on 31 Mar 2024.

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