Soongachi Tea Industries Profile
Key Indicators
- Authorised Capital ₹ 3.00 Cr
- Paid Up Capital ₹ 2.00 Cr
- Company Age 54 Year, 8 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 19.83 Cr
- Satisfied Charges ₹ 13.39 Cr
- Revenue Growth -7.98%
- Profit Growth -616.37%
- Ebitda -232.41%
- Net Worth -45.67%
- Total Assets -12.78%
About Soongachi Tea Industries
Soongachi Tea Industries Pvt Ltd (STIPL) was founded in India on 25 July 1970 and has a glorious history of 54 years and eight months. Its registered office is in Kolkata, West Bengal, India.
The Company is engaged in the Agriculture 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 3.00 Cr and a paid-up capital of Rs 2.00 Cr.
The company currently has active open charges totaling ₹19.83 Cr. The company has closed loans amounting to ₹13.39 Cr, as per Ministry of Corporate Affairs (MCA) records.
Balkishan Saria, Shiw Kumar, and Ghanshyam Agarwal serve as directors at the Company.
Company Details
- Location
Kolkata, West Bengal, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U51228WB1970PTC027776
- Company No.
027776
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
25 Jul 1970
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Kolkata
Industry
Agriculture
What products or services does Soongachi Tea Industries Pvt Ltd offer?
Soongachi Tea Industries Pvt Ltd offers a wide range of products and services, including Tea & Coffee, Flavored Tea, Tea, Flower Tea, Black Tea, Second Flush Tea, Power Connectors, Silver Tip Contacts, Silver Tips Tea, Herbal Tea.
Who are the key members and board of directors at Soongachi Tea Industries?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Shiw Kumar  | Managing Director | 09-Jan-1995 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Balkishan Saria | Whole-Time Director | 25-Oct-1981 | Current |
| Ghanshyam Agarwal | Whole-Time Director | 06-Jan-1976 | Current |
Financial Performance of Soongachi Tea Industries.
Soongachi Tea Industries Pvt Ltd, for the financial year ended 2023, experienced Minor drop in revenue, with a 7.98% decrease. The company also saw a substantial fall in profitability, with a 616.37% decrease in profit. The company's net worth observed a substantial decline by a decrease of 45.67%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Soongachi Tea Industries?
In 2023, Soongachi Tea Industries had a promoter holding of 50.45% and a public holding of 49.55%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Gopaldhara Tea Co Pvt LtdGhanshyam Agarwal is a mutual person
Sona Tea Ltd.Balkishan Saria and Ghanshyam Agarwal are mutual person
- Gopaldhara Epom Private Limited
Balkishan Saria is a mutual person
- The New Glencoe Tea Company Limited
Balkishan Saria and Shiw Kumar are mutual person
- Celica Automobiles Private Limited
Balkishan Saria is a mutual person
- Four Line Films Llp
Shiw Kumar is a mutual person
Charges (Loans)
Open Charges
₹19.83 Cr
Satisfied Charges
₹13.39 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 19.83 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Dec 2019 | State Bank Of India | ₹19.83 Cr | Open |
| 07 Aug 2019 | Others | ₹0.60 M | Satisfied |
| 23 Dec 2014 | Punjab National Bank | ₹3.75 M | Satisfied |
| 04 Feb 2012 | Punjab National Bank | ₹0.65 M | Satisfied |
| 04 Aug 2010 | Tea Board | ₹1.00 M | Satisfied |
How Many Employees Work at Soongachi Tea Industries?
Soongachi Tea Industries has a workforce of 1477 employees as of Apr 09, 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 Soongachi Tea 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 Soongachi Tea Industries'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.
Latest Updates, News, and FAQs on Soongachi Tea Industries
Recent activity within the organization
- Annual General Meeting
Soongachi Tea Industries Pvt Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Soongachi Tea Industries Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata.
- Charges
A charge registered on 04 Aug 2010 via Charge ID 10349499 with Tea Board was fully satisfied on 18 May 2023.
- Charges
A charge with State Bank Of India of Rs. 19.83 Cr registered on 27 Dec 2019 with Charge ID 100313201 was modified on 07 Sep 2022.
- Charges
A charge registered on 07 Aug 2019 via Charge ID 100282347 with Others was fully satisfied on 25 Nov 2021.
- Charges
A charge registered on 04 Feb 2012 via Charge ID 10339566 with Punjab National Bank was fully satisfied on 18 Aug 2021.
Frequently asked questions
What is the Incorporation or founding date of Soongachi Tea Industries Pvt Ltd?
Soongachi Tea Industries Pvt Ltd was incorporated on 25 Jul 1970.
What is authorized share capital and paid-up capital of Soongachi Tea Industries Pvt Ltd?
The authorized share capital of Soongachi Tea Industries Pvt Ltd is ₹ 3.00 Cr and paid-up capital is ₹ 2.00 Cr.
Who are the current board members & directors of Soongachi Tea Industries Pvt Ltd?
Currently 3 directors are associated with Soongachi Tea Industries Pvt Ltd.
- Balkishan Saria
- Shiw Saria Kumar
- Ghanshyam Das Agarwal
What is the registered address of Soongachi Tea Industries Pvt Ltd?
As per Ministry of Corporate Affairs (Mca), the registered address of Soongachi Tea Industries Pvt Ltd is 17 Ganesh Chandra Avenue India, Calcutta, West Bengal, 700013.
What is the corporate identification number (CIN) and company number of Soongachi Tea Industries Pvt Ltd?
The corporate identification number (CIN) of Soongachi Tea Industries Pvt Ltd is U51228WB1970PTC027776 and the company number is 027776 as per Ministry of Corporate Affairs (MCA).
What is the official website of Soongachi Tea Industries Pvt Ltd?
The Official website of Soongachi Tea Industries Pvt Ltd is https://www.soongachitea.com
What has been the recent revenue trend for Soongachi Tea Industries Pvt Ltd?
According to the financial reports for the fiscal year 2023, the revenue trend for Soongachi Tea Industries Pvt Ltd has fallen by -7.98%.
How many employees does Soongachi Tea Industries Pvt Ltd currently have?
As Per 2023 financial reports, 1477 employees are currently employed by Soongachi Tea Industries Pvt Ltd.
What change has been observed in the net worth of Soongachi Tea Industries Pvt Ltd, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Soongachi Tea Industries Pvt Ltd has experienced an downturn of -45.67%.
What are the total open charges for Soongachi Tea Industries Pvt Ltd?
As per the financial statements for fiscal Year 2023, The total open charges for Soongachi Tea Industries Pvt Ltd amount to ₹ 19.83 Cr.
When was the last Balance Sheet of Soongachi Tea Industries Pvt Ltd filed with the ROC?
The most recent Balance Sheet for Soongachi Tea Industries Pvt Ltd was filed with the ROC on 31 Mar 2024.
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