The Sukhjit Starch And Chemicals Limited

Manufacturer of maize-based starch and derivatives for various industries.

1944 | Kapurthala, Punjab (India) | Active
Last Updated:

The Sukhjit Starch And Chemicals Profile

Key Indicators

  • Authorised Capital ₹ 20.00 Cr
  • Paid Up Capital ₹ 15.62 Cr
  • Company Age 80 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 455.00 Cr
  • Satisfied Charges ₹ 162.90 Cr
  • Revenue Growth 64.83%
  • Profit Growth 241.76%
  • Ebitda 135.40%
  • Net Worth 24.78%
  • Total Assets 10.82%

About The Sukhjit Starch And Chemicals

The Sukhjit Starch And Chemicals Limited (TSSACL) was founded in India on 16 March 1944 and has a glorious history of 80 years and 11 months. Its registered office is in Kapurthala, Punjab, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 524542.

The Corporate was formerly known as The Sukhjit Starch & Chemicals Ltd. 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 20.00 Cr and a paid-up capital of Rs 15.62 Cr.

The company currently has active open charges totaling ₹455.00 Cr. The company has closed loans amounting to ₹162.90 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at The Sukhjit Starch And Chemicals Limited India are Amandeep Setia as COMPANY SECRETARY and Rakesh Chawla as Cfo. Tarsem Lally, Madan Gopal, Kuldip Krishan, and Five other members serve as directors at the Company.

Company Details

  • Location

    Kapurthala, Punjab, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    sukhjitgroup.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    L15321PB1944PLC001925

  • Company No.

    001925

  • Stock Symbol

    BSE : 524542

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    16 Mar 1944

  • Date of AGM

    16 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Chandigarh

Industry

Food and Beverages

What products or services does The Sukhjit Starch And Chemicals Limited offer?

The Sukhjit Starch And Chemicals Limited offers a wide range of products and services, including Flavours & Aromatics, Starch Powder, Bird Food, Poultry & Animal Food, Oil Cake, Sweetener, Food Stabilizer, Nutraceuticals & Dietary Supplements, Nutritional Supplements, Animal Feed.

Who are the key members and board of directors at The Sukhjit Starch And Chemicals?

Executive Team (3)

NameDesignationAppointment DateStatus
Kuldip Krishan Country flag representing In Managing Director01-Sep-1990Current
Amandeep Setia Country flag representing In Company Secretary30-Apr-2014Current
Rakesh Chawla CFO28-Aug-2024Current

Board Members (7)

NameDesignationAppointment DateStatus
Tarsem Lally Country flag representing In Director 13-Aug-2020Current
Madan Gopal Country flag representing In Director 01-Aug-2016Current
Vikas Uppal Country flag representing In Director 21-Jan-2020Current
Shalini Chablani Country flag representing In Director 21-Jan-2020Current
Ranbir Seehra Country flag representing In Director 01-Apr-2019Current
Manjoo Sardana Country flag representing In Director 08-Aug-2019Current

Financial Performance of The Sukhjit Starch And Chemicals.

The Sukhjit Starch And Chemicals Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 64.83% increase. The company also saw a substantial improvement in profitability, with a 241.76% increase in profit. The company's net worth Soared by an impressive increase of 24.78%.

The Sukhjit Starch And Chemicals revenue growth over time
The Sukhjit Starch And Chemicals 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
64.83%
Revenue from Operations
65.60%
Total Assets
10.82%
Profit or Loss
241.76%
Net Worth
24.78%
EBITDA
135.40%

What is the Ownership and Shareholding Structure of The Sukhjit Starch And Chemicals?

In 2023, The Sukhjit Starch And Chemicals had a promoter holding of 66.21% and a public holding of 33.79%. The company had 3 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

₹455.00 Cr

Satisfied Charges

₹162.90 Cr

Charges Breakdown by Lending Institutions

  • Others : 270.00 Cr
  • Citi Bank N.A. : 100.00 Cr
  • Hdfc Bank Limited : 75.00 Cr
  • Yes Bank Limited : 10.00 Cr

Latest Charge Details

DateLenderAmountStatus
22 Jul 2021Yes Bank Limited₹10.00 CrOpen
10 Sep 2019Citi Bank N.A.₹100.00 CrOpen
07 Dec 2018Hdfc Bank Limited₹75.00 CrOpen
21 Feb 1973Others₹270.00 CrOpen
17 Jul 2020Citi Bank N.A.₹20.00 CrSatisfied

How Many Employees Work at The Sukhjit Starch And Chemicals?

The Sukhjit Starch And Chemicals has a workforce of 340 employees as of Apr 08, 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 The Sukhjit Starch And Chemicals Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of The Sukhjit Starch And Chemicals, 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 The Sukhjit Starch And Chemicals'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 The Sukhjit Starch And Chemicals

Recent activity within the organization

  • Director Appointment

    Rakesh Chawla was appointed as a Cfo was appointed as a Cfo on 28 Aug 2024 & has been associated with this company since 6 months 6 days .

  • Annual General Meeting

    The Sukhjit Starch And Chemicals Limited last Annual general meeting of members was held on 16 Aug 2024 as per latest MCA records.

  • Charges

    A charge with Citi Bank N.A. of Rs. 100.00 Cr registered on 10 Sep 2019 with Charge ID 100290083 was modified on 10 Jul 2024.

  • Charges

    A charge registered on 22 Oct 2019 via Charge ID 100300562 with Hdfc Bank Limited was fully satisfied on 11 Jun 2024.

  • Director Appointment

    Suresh Arora was appointed as a Director was appointed as a Director on 29 May 2024 & has been associated with this company since 9 months 5 days .

  • Balance Sheet

    The Sukhjit Starch And Chemicals Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.

Frequently asked questions

  • What is the Incorporation or founding date of The Sukhjit Starch And Chemicals Limited?

    The Sukhjit Starch And Chemicals Limited was incorporated on 16 Mar 1944.

  • What is authorized share capital and paid-up capital of The Sukhjit Starch And Chemicals Limited?

    The authorized share capital of The Sukhjit Starch And Chemicals Limited is ₹ 20.00 Cr and paid-up capital is ₹ 15.62 Cr.

  • Who are the current board members & directors of The Sukhjit Starch And Chemicals Limited?

    Currently 10 directors are associated with The Sukhjit Starch And Chemicals Limited.

    • Tarsem Singh Lally
    • Madan Sharma Gopal
    • Kuldip Sardana Krishan
    • Vikas Uppal
    • Shalini Umesh Chablani
    • Ranbir Singh Seehra
    • Manjoo Sardana
    • Suresh Arora
    • Amandeep Setia
    • Rakesh Chawla

  • What is the registered address of The Sukhjit Starch And Chemicals Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of The Sukhjit Starch And Chemicals Limited is Sarai Roadphagwara Distt Kapurthala India, Punjab, 144401.

  • What is the corporate identification number (CIN) and company number of The Sukhjit Starch And Chemicals Limited?

    The corporate identification number (CIN) of The Sukhjit Starch And Chemicals Limited is L15321PB1944PLC001925 and the company number is 001925 as per Ministry of Corporate Affairs (MCA).

  • Is The Sukhjit Starch And Chemicals Limited registered with any stock exchange in India?

    Yes, The Sukhjit Starch And Chemicals Limited is registered on Bombay Stock Exchange (BSE).

  • What is the official website of The Sukhjit Starch And Chemicals Limited?

    The Official website of The Sukhjit Starch And Chemicals Limited is https://www.sukhjitgroup.com

  • What has been the recent revenue trend for The Sukhjit Starch And Chemicals Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for The Sukhjit Starch And Chemicals Limited has risen by 64.83%.

  • How many employees does The Sukhjit Starch And Chemicals Limited currently have?

    As Per 2022 financial reports, 340 employees are currently employed by The Sukhjit Starch And Chemicals Limited.

  • What change has been observed in the net worth of The Sukhjit Starch And Chemicals Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of The Sukhjit Starch And Chemicals Limited has experienced an upsurge of 24.78%.

  • What are the total open charges for The Sukhjit Starch And Chemicals Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for The Sukhjit Starch And Chemicals Limited amount to ₹ 455.00 Cr.

  • When was the last Balance Sheet of The Sukhjit Starch And Chemicals Limited filed with the ROC?

    The most recent Balance Sheet for The Sukhjit Starch And Chemicals Limited was filed with the ROC on 31 Mar 2024.

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