Siddhi Oils Profile
Key Indicators
- Authorised Capital ₹ 1.50 Cr
- Paid Up Capital ₹ 1.43 Cr
- Company Age 24 Year, 11 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 86.04 Cr
- Satisfied Charges ₹ 13.00 Cr
- Revenue Growth -74.41%
- Profit Growth -1367.43%
- Ebitda -257.21%
- Net Worth -8.33%
- Total Assets -10.86%
About Siddhi Oils
Siddhi Oils Limited (SOL) is a Public Limited Indian Non-Government Company incorporated in India on 10 March 2000 and has a history of 24 years and 11 months. Its registered office is in Ahmedabad, Gujarat, India.
The Corporate was formerly known as Siddhi Oils Private Limited. 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 1.50 Cr and a paid-up capital of Rs 1.43 Cr.
The company currently has active open charges totaling ₹86.04 Cr. The company has closed loans amounting to ₹13.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
Nehaben Mehta, Jay Parikh, and Purushottam Sharma 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
U15140GJ2000PLC037532
- Company No.
037532
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
10 Mar 2000
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Who are the key members and board of directors at Siddhi Oils?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Nehaben Mehta  | Director | 05-Mar-2003 | Current |
| Jay Parikh | Director | 01-Nov-2004 | Current |
| Purushottam Sharma | Director | 01-Nov-2004 | Current |
Financial Performance of Siddhi Oils.
Siddhi Oils Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 74.41% decrease. The company also saw a substantial fall in profitability, with a 1367.43% decrease in profit. The company's net worth dipped by a decrease of 8.33%.
- Key Matrics
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What is the Ownership and Shareholding Structure of Siddhi Oils?
In 2023, Siddhi Oils had a promoter holding of 24.21% and a public holding of 75.79%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Siddhi Steels Private LimitedPurushottam Sharma is a mutual person
Siddhi Industries LimitedJay Parikh is a mutual person
Siddhi Margarine Specialities LimitedJay Parikh is a mutual person
Siddhi Knitfab Private LimitedJay Parikh is a mutual person
- Siddhi Tex Mills Private Limited
Jay Parikh is a mutual person
Charges (Loans)
₹86.04 Cr
₹13.00 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 86.04 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 25 Nov 2022 | State Bank Of India | ₹43.02 Cr | Open |
| 04 Jan 2017 | State Bank Of India | ₹43.02 Cr | Open |
| 12 Oct 2011 | Dombivli Nagari Sahakari Bank Ltd | ₹1.60 Cr | Satisfied |
| 24 Dec 2004 | Uco Bank | ₹7.00 M | Satisfied |
| 19 Mar 2004 | Uco Bank | ₹1.50 Cr | Satisfied |
How Many Employees Work at Siddhi Oils?
Siddhi Oils has a workforce of 12 employees as of Apr 05, 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 Siddhi Oils, 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 Oils'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.
