Siddhi Margarine Specialities Limited

Produces and supplies margarine products and table spread for cooking, baking, and frying.

2003 | Ahmedabad, Gujarat (India) | Active
Last Updated:

Siddhi Margarine Specialities Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 6.32 M
  • Company Age 21 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 6.46 Cr
  • Satisfied Charges ₹ 5.68 Cr
  • Revenue Growth 66.10%
  • Profit Growth -7.24%
  • Ebitda 41.65%
  • Net Worth 2.50%
  • Total Assets 15.30%

About Siddhi Margarine Specialities

Siddhi Margarine Specialities Limited (SMSL) is a leading Public Limited Indian Non-Government Company incorporated in India on 24 December 2003 and has a history of 21 years and two months. Its registered office is in Ahmedabad, Gujarat, India.

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 2023. It's a company limited by shares with an authorized capital of Rs 1.00 Cr and a paid-up capital of Rs 6.32 M.

The company currently has active open charges totaling ₹6.46 Cr. The company has closed loans amounting to ₹5.68 Cr, as per Ministry of Corporate Affairs (MCA) records.

Markand Parikh, Jay Parikh, and Minaxiben Parikh serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U15200GJ2003PLC073725

  • Company No.

    073725

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    24 Dec 2003

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Food and Beverages

Who are the key members and board of directors at Siddhi Margarine Specialities?

Board Members (3)

NameDesignationAppointment DateStatus
Markand Parikh Country flag representing In Director 24-Dec-2003Current
Jay Parikh Country flag representing In Director 24-Dec-2003Current
Minaxiben Parikh Country flag representing In Director 24-Dec-2003Current

Financial Performance of Siddhi Margarine Specialities.

Siddhi Margarine Specialities Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 66.1% increase. The company also saw a slight decrease in profitability, with a 7.24% decrease in profit. The company's net worth moved up by a moderate rise of 2.5%.

Siddhi Margarine Specialities revenue growth over time
Siddhi Margarine Specialities 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
66.10%
Revenue from Operations
66.12%
Total Assets
15.30%
Profit or Loss
-7.24%
Net Worth
2.50%
EBITDA
41.65%

What is the Ownership and Shareholding Structure of Siddhi Margarine Specialities?

In 2023, Siddhi Margarine Specialities had a promoter holding of 28.48% and a public holding of 71.52%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹6.46 Cr

Satisfied Charges

₹5.68 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 6.46 Cr

Latest Charge Details

DateLenderAmountStatus
08 Sep 2022Hdfc Bank Limited₹0.90 MOpen
05 Feb 2022Hdfc Bank Limited₹1.89 MOpen
30 Oct 2021Hdfc Bank Limited₹6.18 CrOpen
08 Jul 2016Others₹1.75 CrSatisfied
03 Mar 2014Oriental Bank Of Commerce₹8.50 MSatisfied

How Many Employees Work at Siddhi Margarine Specialities?

Siddhi Margarine Specialities has a workforce of 103 employees as of Mar 31, 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.

Employee growth trends for Siddhi Margarine Specialities Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Siddhi Margarine Specialities, 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 Siddhi Margarine Specialities'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 Siddhi Margarine Specialities

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited of Rs. 6.18 Cr registered on 30 Oct 2021 with Charge ID 100500826 was modified on 21 Nov 2023.

  • Annual General Meeting

    Siddhi Margarine Specialities Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Siddhi Margarine Specialities Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.09 Cr with Charge ID 100664444 was registered on 08 Sep 2022.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.19 Cr with Charge ID 100538237 was registered on 05 Feb 2022.

  • Charges

    A charge registered on 08 Jul 2016 via Charge ID 100046146 with Others was fully satisfied on 28 Dec 2021.

Frequently asked questions

  • What is the Incorporation or founding date of Siddhi Margarine Specialities Limited?

    Siddhi Margarine Specialities Limited was incorporated on 24 Dec 2003.

  • What is authorized share capital and paid-up capital of Siddhi Margarine Specialities Limited?

    The authorized share capital of Siddhi Margarine Specialities Limited is ₹ 1.00 Cr and paid-up capital is ₹ 6.32 M.

  • Who are the current board members & directors of Siddhi Margarine Specialities Limited?

    Currently 3 directors are associated with Siddhi Margarine Specialities Limited.

    • Markand Virendrabhai Parikh
    • Jay Parikh
    • Minaxiben Markandbhai Parikh

  • What is the registered address of Siddhi Margarine Specialities Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Siddhi Margarine Specialities Limited is Survey No. 240 B/H. Bhagyoday Hotel Village Ta. Sanand, Dist. Ahm Edabad India, Changodar, Gujarat, 382210.

  • What is the corporate identification number (CIN) and company number of Siddhi Margarine Specialities Limited?

    The corporate identification number (CIN) of Siddhi Margarine Specialities Limited is U15200GJ2003PLC073725 and the company number is 073725 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Siddhi Margarine Specialities Limited?

    The Official website of Siddhi Margarine Specialities Limited is https://www.siddhimargarine.com

  • What has been the recent revenue trend for Siddhi Margarine Specialities Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Siddhi Margarine Specialities Limited has risen by 66.10%.

  • How many employees does Siddhi Margarine Specialities Limited currently have?

    As Per 2023 financial reports, 103 employees are currently employed by Siddhi Margarine Specialities Limited.

  • What change has been observed in the net worth of Siddhi Margarine Specialities Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Siddhi Margarine Specialities Limited has experienced an upsurge of 2.50%.

  • What are the total open charges for Siddhi Margarine Specialities Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Siddhi Margarine Specialities Limited amount to ₹ 6.46 Cr.

  • When was the last Balance Sheet of Siddhi Margarine Specialities Limited filed with the ROC?

    The most recent Balance Sheet for Siddhi Margarine Specialities Limited was filed with the ROC on 31 Mar 2023.