Sumeet Industries Profile
Key Indicators
- Authorised Capital ₹ 175.00 Cr
- Paid Up Capital ₹ 161.64 Cr
- Company Age 36 Year, 6 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 1,750.22 Cr
- Satisfied Charges ₹ 77.53 Cr
- Revenue Growth 58.56%
- Profit Growth 142.55%
- Ebitda 42.85%
- Net Worth 19.32%
- Total Assets -4.23%
About Sumeet Industries
Sumeet Industries Limited (SIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 01 August 1988 and has a history of 36 years and six months. Its registered office is in Surat, Gujarat, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 514211 and on the National Stock Exchange(NSE) under SUMEETINDS.
The Corporate was formerly known as Sumeet Synthetics Limited. The Company is engaged in the Manufacturing 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 175.00 Cr and a paid-up capital of Rs 161.64 Cr.
The company currently has active open charges totaling ₹1,750.22 Cr. The company has closed loans amounting to ₹77.53 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Sumeet Industries Limited India are Anilkumar Jain as COMPANY SECRETARY and Abhishek Prasad as Cfo. Radheshyam Jaju, Pratik Jaju, Manojkumar Jain, and Three other members serve as directors at the Company.
Company Details
- Location
Surat, Gujarat, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
L45200GJ1988PLC011049
- Company No.
011049
- Stock Symbol
BSE : 514211 NSE : SUMEETINDS
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
01 Aug 1988
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Listed
- ROC Code
Roc Ahmedabad
Industry
What products or services does Sumeet Industries Limited offer?
Sumeet Industries Limited offers a wide range of products and services, including Yarns & Threads, Yarn, Analyzers & Analytical Instruments, Chromatography Column, Furnishing Yarns, Air Intakes, Exhaust Systems & Parts, Exhaust System & System Components.
Who are the key members and board of directors at Sumeet Industries?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Pratik Jaju  | Managing Director | 05-Aug-2024 | Current |
| Anilkumar Jain | Company Secretary | 01-Jan-2008 | Current |
| Abhishek Prasad | CFO | 01-Apr-2017 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Radheshyam Jaju | Director | 05-Aug-2024 | Current |
| Manojkumar Jain | Director | 29-Jun-2017 | Current |
| Vikashkumar Chandaliya | Director | 06-Jun-2020 | Current |
| Saurav Dugar | Director | 28-Oct-2020 | Current |
| Ankita Shah | Director | 02-Sep-2024 | Current |
Financial Performance of Sumeet Industries.
Sumeet Industries Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 58.56% increase. The company also saw a substantial improvement in profitability, with a 142.55% increase in profit. The company's net worth Soared by an impressive increase of 19.32%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Sumeet Industries?
In 2021, Sumeet Industries had a promoter holding of 21.67% and a public holding of 78.32%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Maheshwari Starters' FoundationRadheshyam Jaju is a mutual person
Eagle Synthetics Private LimitedPratik Jaju is a mutual person
Eagle Fashions Pvt LtdRadheshyam Jaju is a mutual person
Eagle Fibres LimitedRadheshyam Jaju is a mutual person
- Garuda Yarns Private Limited
Radheshyam Jaju and Pratik Jaju are mutual person
- Padmini Polytex Private Limited
Radheshyam Jaju is a mutual person
Charges (Loans)
₹1,750.22 Cr
₹77.53 Cr
Charges Breakdown by Lending Institutions
- Others : 1147.09 Cr
- Bank Of Baroda : 405.87 Cr
- Axis Bank Limited : 70.00 Cr
- Kbc Bank Deutschland Ag : 68.24 Cr
- Hdfc Bank Limited : 50.91 Cr
- Others : 8.12 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 12 Dec 2024 | Hdfc Bank Limited | ₹50.00 Cr | Open |
| 24 Oct 2024 | Axis Bank Limited | ₹70.00 Cr | Open |
| 26 Sep 2024 | Others | ₹70.00 Cr | Open |
| 13 Jan 2017 | Others | ₹68.23 Cr | Open |
| 26 Aug 2014 | Canara Bank | ₹8.12 Cr | Open |
How Many Employees Work at Sumeet Industries?
Sumeet Industries has a workforce of 281 employees as of Apr 01, 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 Sumeet 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 Sumeet 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.
