Sitson India Private Limited

Manufactures boilers, auxiliary products, and undertakes turnkey projects for power generation and sugar mills.

1999 | Thane, Maharashtra (India) | Active
Last Updated: January 01, 2024

Sitson India Profile

Key Indicators

  • Authorised Capital ₹ 20.00 Cr
  • Paid Up Capital ₹ 4.80 Cr
  • Company Age 25 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 38.00 Cr
  • Satisfied Charges ₹ 58.13 Cr
  • Revenue Growth 2.54%
  • Profit Growth 53.39%
  • Ebitda 52.47%
  • Net Worth 6.25%
  • Total Assets -1.89%

About Sitson India

Sitson India Private Limited (SIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 31 March 1999 and has a history of 25 years and ten months. Its registered office is in Thane, Maharashtra, India.

The Company is engaged in the Industrial Manufacturing 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 20.00 Cr and a paid-up capital of Rs 4.80 Cr.

The company currently has active open charges totaling ₹38.00 Cr. The company has closed loans amounting to ₹58.13 Cr, as per Ministry of Corporate Affairs (MCA) records.

Dilip Bhamare, Ramrao Nandris, Priya Bhamare, and Two other members serve as directors at the Company.

Company Details

  • Location

    Thane, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74900MH1999PTC119203

  • Company No.

    119203

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    31 Mar 1999

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Industrial Manufacturing

What products or services does Sitson India Private Limited offer?

Sitson India Private Limited offers a wide range of products and services, including Boilers & Boiler Parts, Industrial Boilers, Pollution Control Devices & Machines, Bag Filter, Industrial project consultants, Plant Setup Consultation Services, Boiler Accessories, Soot Blowers, Generators, Turbines & Power Plants, Hydraulic Generator.

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

Board Members (5)

NameDesignationAppointment DateStatus
Mayur Dilip Country flag representing In Director Current
Dilip Bhamare Country flag representing In Director 31-Mar-1999Current
Ramrao Nandris Country flag representing In Director 31-Mar-1999Current
Priya Bhamare Country flag representing In Director Current
Swapnil Nandre Country flag representing In Director Current

Financial Performance of Sitson India.

Sitson India Private Limited, for the financial year ended 2021, experienced modest growth in revenue, with a 2.54% increase. The company also saw a substantial improvement in profitability, with a 53.39% increase in profit. The company's net worth moved up by a moderate rise of 6.25%.

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
2.54%
Revenue from Operations
3.41%
Total Assets
-1.89%
Profit or Loss
53.39%
Net Worth
6.25%
EBITDA
52.47%

What is the Ownership and Shareholding Structure of Sitson India?

In 2021, Sitson India had a promoter holding of 100.00%. The company had 2 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

₹38.00 Cr

Satisfied Charges

₹58.13 Cr

Charges Breakdown by Lending Institutions

  • Others : 38.00 Cr

Latest Charge Details

DateLenderAmountStatus
12 Nov 2020Others₹6.00 CrOpen
28 Sep 2011Others₹32.00 CrOpen
31 Mar 2017Others₹1.50 CrSatisfied
27 Aug 2016Others₹3.30 CrSatisfied
27 Aug 2016Others₹3.30 MSatisfied

How Many Employees Work at Sitson India?

Sitson India has a workforce of 69 employees as of Apr 07, 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 Sitson 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 Sitson 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 Sitson India

Recent activity within the organization

  • Annual General Meeting

    Sitson 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

    Sitson 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 with Others of Rs. 32.00 Cr registered on 28 Sep 2011 with Charge ID 10358559 was modified on 02 Nov 2022.

    02 Nov 2022

  • Charges

    A charge with Others amounted to Rs. 6.00 Cr with Charge ID 100419426 was registered on 12 Nov 2020.

    12 Nov 2020

  • Charges

    A charge registered on 31 Mar 2017 via Charge ID 100107981 with Others was fully satisfied on 24 Nov 2018.

    24 Nov 2018

  • Charges

    A charge registered on 27 Aug 2016 via Charge ID 100061839 with Others was fully satisfied on 24 Nov 2018.

    24 Nov 2018

Frequently asked questions

  • Sitson India Private Limited was incorporated on 31 Mar 1999.

  • The authorized share capital of Sitson India Private Limited is ₹ 20.00 Cr and paid-up capital is ₹ 4.80 Cr.

  • Currently 5 directors are associated with Sitson India Private Limited.

    • Dilip Sitaram Bhamare
    • Ramrao Sonu Nandris
    • Priya Dilip Bhamare
    • Mayur Bhamare Dilip
    • Swapnil Ramrao Nandre
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sitson India Private Limited is W-76 Midc Phase Ii, Dombivli East, Maharashtra, India, 421204.

  • The corporate identification number (CIN) of Sitson India Private Limited is U74900MH1999PTC119203 and the company number is 119203 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Sitson India Private Limited is https://www.sitsonindia.com

  • According to the financial reports for the fiscal year 2021, the revenue trend for Sitson India Private Limited has risen by 2.54%.

  • As Per 2021 financial reports, 69 employees are currently employed by Sitson India Private Limited.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Sitson India Private Limited has experienced an upsurge of 6.25%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Sitson India Private Limited amount to ₹ 38.00 Cr.

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