Sorich Foils Limited

This company manufactures and supplies flexible packaging materials for pharmaceutical, food, and FMCG industries.

2011 | Valsad, Gujarat (India) | Active
Last Updated:

Sorich Foils Profile

Key Indicators

  • Authorised Capital ₹ 18.00 Cr
  • Paid Up Capital ₹ 10.77 Cr
  • Company Age 14 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 4.50 Cr
  • Satisfied Charges ₹ 1.19 Cr
  • Revenue Growth -25.75%
  • Profit Growth 16.23%
  • Ebitda -60.42%
  • Net Worth -7.72%
  • Total Assets -25.84%

About Sorich Foils

Sorich Foils Limited (SFL) is a leading Public Limited Indian Non-Government Company incorporated in India on 19 January 2011 and has a history of 14 years and two months. Its registered office is in Valsad, Gujarat, India.

The Corporate was formerly known as Sorich Foils Private Limited. The Company is engaged in the Packaging 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 18.00 Cr and a paid-up capital of Rs 10.77 Cr.

The company currently has active open charges totaling ₹4.50 Cr. The company has closed loans amounting to ₹1.19 Cr, as per Ministry of Corporate Affairs (MCA) records.

Chandrahas Kotian, Dhrumil Patel, and Vikhil Kotian serve as directors at the Company.

Company Details

  • Location

    Valsad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U27203GJ2011PLC063709

  • Company No.

    063709

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    19 Jan 2011

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Packaging

What products or services does Sorich Foils Limited offer?

Sorich Foils Limited offers a wide range of products and services, including Packaging Films & Foils, Plastic Film, Plastic Zip Bag, Zipper Pouches, Food Packaging Bag, Packaging Pouch, Holograms, Packaging Foil, Strip Pack Foil, Wrappers.

Who are the key members and board of directors at Sorich Foils?

Executive Team (1)

NameDesignationAppointment DateStatus
Chandrahas Kotian Country flag representing In Managing Director19-Jan-2011Current

Board Members (2)

NameDesignationAppointment DateStatus
Dhrumil Patel Country flag representing In Director 17-Jan-2022Current
Vikhil Kotian Country flag representing In Director 15-Apr-2024Current

Financial Performance of Sorich Foils.

Sorich Foils Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 25.75% decrease. The company also saw a substantial improvement in profitability, with a 16.23% increase in profit. The company's net worth dipped by a decrease of 7.72%.

Sorich Foils revenue growth over time
Sorich Foils 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
-25.75%
Revenue from Operations
-27.70%
Total Assets
-25.84%
Profit or Loss
16.23%
Net Worth
-7.72%
EBITDA
-60.42%

What is the Ownership and Shareholding Structure of Sorich Foils?

In 2021, Sorich Foils had a promoter holding of 47.11% and a public holding of 52.89%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹4.50 Cr

Satisfied Charges

₹1.19 Cr

Charges Breakdown by Lending Institutions

  • Bank Of India : 4.50 Cr

Latest Charge Details

DateLenderAmountStatus
30 Mar 2013Bank Of India₹4.50 CrOpen
03 May 2017Tata Capital Financial Services Limited₹5.00 MSatisfied
11 May 2011Indian Overseas Bank₹6.88 MSatisfied

How Many Employees Work at Sorich Foils?

Sorich Foils has a workforce of 7 employees as of Apr 04, 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 Sorich Foils Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Sorich Foils, 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 Sorich Foils'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 Sorich Foils

Recent activity within the organization

  • Charges

    A charge registered on 03 May 2017 via Charge ID 100110626 with Tata Capital Financial Services Limited was fully satisfied on 13 Sep 2024.

  • Director Appointment

    Vikhil Gangadhar Kotian was appointed as a Director was appointed as a Director on 15 Apr 2024 & has been associated with this company since 11 months 12 days .

  • Annual General Meeting

    Sorich Foils Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Sorich Foils Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

  • Director Appointment

    Dhrumil Prabhubhai Patel was appointed as a Director was appointed as a Director on 17 Jan 2022 & has been associated with this company since 3 years 2 months .

  • Charges

    A charge with Tata Capital Financial Services Limited amounted to Rs. 0.50 Cr with Charge ID 100110626 was registered on 03 May 2017.

Frequently asked questions

  • What is the Incorporation or founding date of Sorich Foils Limited?

    Sorich Foils Limited was incorporated on 19 Jan 2011.

  • What is authorized share capital and paid-up capital of Sorich Foils Limited?

    The authorized share capital of Sorich Foils Limited is ₹ 18.00 Cr and paid-up capital is ₹ 10.77 Cr.

  • Who are the current board members & directors of Sorich Foils Limited?

    Currently 3 directors are associated with Sorich Foils Limited.

    • Chandrahas Babu Kotian
    • Dhrumil Prabhubhai Patel
    • Vikhil Gangadhar Kotian

  • What is the registered address of Sorich Foils Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Sorich Foils Limited is Shedno.3 Survey No.66/Paikee-8 B/H A.B.Rolling Mills Village Manda, Sa Rigam India, Sarigam, Gujarat, 396155.

  • What is the corporate identification number (CIN) and company number of Sorich Foils Limited?

    The corporate identification number (CIN) of Sorich Foils Limited is U27203GJ2011PLC063709 and the company number is 063709 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Sorich Foils Limited?

    The Official website of Sorich Foils Limited is https://www.sorichfoils.in

  • What has been the recent revenue trend for Sorich Foils Limited?

    According to the financial reports for the fiscal year 2021, the revenue trend for Sorich Foils Limited has fallen by -25.75%.

  • How many employees does Sorich Foils Limited currently have?

    As Per 2021 financial reports, 7 employees are currently employed by Sorich Foils Limited.

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

    The financial reports for the fiscal year 2021 indicates that The net worth of Sorich Foils Limited has experienced an downturn of -7.72%.

  • What are the total open charges for Sorich Foils Limited?

    As per the financial statements for fiscal Year 2021, The total open charges for Sorich Foils Limited amount to ₹ 4.50 Cr.

  • When was the last Balance Sheet of Sorich Foils Limited filed with the ROC?

    The most recent Balance Sheet for Sorich Foils Limited was filed with the ROC on 31 Mar 2023.

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