Signet Industries Limited

Chemical trading and manufacturing of plastic products for irrigation and household use.

1985 | Thane, Maharashtra (India) | Active
Last Updated:

Signet Industries Profile

Key Indicators

  • Authorised Capital ₹ 60.00 Cr
  • Paid Up Capital ₹ 40.44 Cr
  • Company Age 40 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 948.94 Cr
  • Satisfied Charges ₹ 709.96 Cr
  • Revenue Growth 6.02%
  • Profit Growth -40.88%
  • Ebitda -1.10%
  • Net Worth 3.47%
  • Total Assets -1.48%

About Signet Industries

Signet Industries Limited (SIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 29 January 1985 and has a history of 40 years and one month. Its registered office is in Thane, Maharashtra, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 512131 and on the National Stock Exchange(NSE) under SIGIND.

The Corporate was formerly known as Signet Fincom Ltd. The Company is engaged in the Environment 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 60.00 Cr and a paid-up capital of Rs 40.44 Cr.

The company currently has active open charges totaling ₹948.94 Cr. The company has closed loans amounting to ₹709.96 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Signet Industries Limited India are Jagdish Paliwal as CFO and Preeti Choudhary as Company Secretary. Mukesh Sangla, Saurabh Sangla, Palak Malviya, and Three other members serve as directors at the Company.

Company Details

  • Location

    Thane, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L51900MH1985PLC035202

  • Company No.

    035202

  • Stock Symbol

    BSE : 512131 NSE : SIGIND

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    29 Jan 1985

  • Date of AGM

    25 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Mumbai

Industry

Environment
Manufacturing

What products or services does Signet Industries Limited offer?

Signet Industries Limited offers a wide range of products and services, including Filters & Filtration Systems, Sand Filters, Farming Tools, Equipment & Machines, Agricultural Sprayers, Battery Spray Pump, Candle, Wax Candles, Disinfectant Sprayers, Knapsack Sprayer, PVC, FRP, HDPE & Other Plastic Pipes.

Who are the key members and board of directors at Signet Industries?

Executive Team (3)

NameDesignationAppointment DateStatus
Mukesh Sangla Country flag representing In Managing Director10-Apr-1991Current
Jagdish Paliwal Country flag representing In CFO12-May-2016Current
Preeti Choudhary Country flag representing In Company Secretary30-Aug-2012Current

Board Members (5)

NameDesignationAppointment DateStatus
Saurabh Sangla Country flag representing In Director 07-Jul-2003Current
Mayank Shrivas Country flag representing In Director 23-May-2018Current
Palak Malviya Country flag representing In Director 26-Mar-2018Current
Reshma Lalwani Country flag representing In Director 14-Aug-2020Current
Rahul Rajpoot Country flag representing In Director 12-Aug-2023Current

Financial Performance of Signet Industries.

Signet Industries Limited, for the financial year ended 2022, experienced modest growth in revenue, with a 6.02% increase. The company also saw a substantial fall in profitability, with a 40.88% decrease in profit. The company's net worth moved up by a moderate rise of 3.47%.

Signet Industries revenue growth over time
Signet Industries 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
6.02%
Revenue from Operations
6.08%
Total Assets
-1.48%
Profit or Loss
-40.88%
Net Worth
3.47%
EBITDA
-1.10%

What is the Ownership and Shareholding Structure of Signet Industries?

In 2022, Signet Industries had a promoter holding of 72.57% and a public holding of 27.43%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹948.94 Cr

Satisfied Charges

₹709.96 Cr

Charges Breakdown by Lending Institutions

  • Uco Bank : 879.09 Cr
  • Others : 60.20 Cr
  • Tata Capital Financial Services Limited : 8.60 Cr
  • Hdfc Bank Limited : 1.04 Cr

Latest Charge Details

DateLenderAmountStatus
24 Nov 2023Others₹32.00 CrOpen
30 May 2023Others₹5.50 MOpen
08 May 2023Others₹7.58 MOpen
08 May 2023Others₹1.04 CrOpen
05 May 2023Others₹9.52 MOpen

How Many Employees Work at Signet Industries?

Signet Industries has a workforce of 495 employees as of Mar 27, 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 Signet Industries Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Signet Industries, 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 Signet Industries'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 Signet Industries

Recent activity within the organization

  • Annual General Meeting

    Signet Industries Limited last Annual general meeting of members was held on 25 Sep 2024 as per latest MCA records.

  • Charges

    A charge with Uco Bank of Rs. 424.37 Cr registered on 23 Sep 2010 with Charge ID 10249650 was modified on 03 Jun 2024.

  • Charges

    A charge with Uco Bank of Rs. 424.37 Cr registered on 01 Jul 2016 with Charge ID 100044118 was modified on 21 May 2024.

  • Charges

    A charge registered on 31 Mar 2021 via Charge ID 100445557 with Hdfc Bank Limited was fully satisfied on 06 Apr 2024.

  • Balance Sheet

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

  • Charges

    A charge registered on 19 Mar 2016 via Charge ID 100017726 with Others was fully satisfied on 07 Mar 2024.

Recent News, Updates & Announcement

Frequently asked questions

  • What is the Incorporation or founding date of Signet Industries Limited?

    Signet Industries Limited was incorporated on 29 Jan 1985.

  • What is authorized share capital and paid-up capital of Signet Industries Limited?

    The authorized share capital of Signet Industries Limited is ₹ 60.00 Cr and paid-up capital is ₹ 40.44 Cr.

  • Who are the current board members & directors of Signet Industries Limited?

    Currently 8 directors are associated with Signet Industries Limited.

    • Mukesh Sangla
    • Saurabh Sangla
    • Palak Malviya
    • Mayank Shrivas
    • Reshma Lalwani
    • Jagdish Chandra Paliwal
    • Preeti Choudhary
    • Rahul Rajpoot

  • What is the registered address of Signet Industries Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Signet Industries Limited is Gala No. 02 03 Building A-2 Gr. Floor Print World Industrial Complex Survey 15/1 Road Mankoli Vehele Village Vehele, India, Bhiwandi, Maharashtra, 421302.

  • What is the corporate identification number (CIN) and company number of Signet Industries Limited?

    The corporate identification number (CIN) of Signet Industries Limited is L51900MH1985PLC035202 and the company number is 035202 as per Ministry of Corporate Affairs (MCA).

  • Is Signet Industries Limited registered with any stock exchange in India?

    Yes, Signet Industries Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): SIGIND.

  • What is the official website of Signet Industries Limited?

    The Official website of Signet Industries Limited is https://www.groupsignet.com

  • What has been the recent revenue trend for Signet Industries Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Signet Industries Limited has risen by 6.02%.

  • How many employees does Signet Industries Limited currently have?

    As Per 2022 financial reports, 495 employees are currently employed by Signet Industries Limited.

  • What change has been observed in the net worth of Signet Industries Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Signet Industries Limited has experienced an upsurge of 3.47%.

  • What are the total open charges for Signet Industries Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Signet Industries Limited amount to ₹ 948.94 Cr.

  • When was the last Balance Sheet of Signet Industries Limited filed with the ROC?

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

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