Suruchi Spices Profile
Key Indicators
- Authorised Capital ₹ 15.00 Cr
- Paid Up Capital ₹ 7.50 Cr
- Company Age 34 Year, 4 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 156.47 Cr
- Satisfied Charges ₹ 136.74 Cr
- Revenue Growth 37.43%
- Profit Growth 57.50%
- Ebitda 45.70%
- Net Worth 26.89%
- Total Assets -12.09%
About Suruchi Spices
Suruchi Spices Private Limited (SSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 04 October 1990 and has a history of 34 years and four months. Its registered office is in Nagpur, Maharashtra, India.
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 2023. It's a company limited by shares with an authorized capital of Rs 15.00 Cr and a paid-up capital of Rs 7.50 Cr.
The company currently has active open charges totaling ₹156.47 Cr. The company has closed loans amounting to ₹136.74 Cr, as per Ministry of Corporate Affairs (MCA) records.
Ravi Jain and Subhash Jain serve as directors at the Company.
Company Details
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Location
Nagpur, Maharashtra, India
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Telephone
+91-XXXXXXXXXX
- Email Address
- Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U15100MH1990PTC058404
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Company No.
058404
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
04 Oct 1990
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Date of AGM
15 Nov 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Mumbai
Industry
What products or services does Suruchi Spices Private Limited offer?
Suruchi Spices Private Limited offers a wide range of products and services, including Cooking Spices and Masala, Masala Mix, Pickles, Jams & Ketchups, Pickles, Chaat Masala, Instant Mixes, Idli Mix, Pani Puri Masala, Chilli Powder, Ready to Eat & Instant Food Mixes.
Who are the key members and board of directors at Suruchi Spices?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ravi Jain
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Director | 01-Apr-2013 | Current |
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Subhash Jain
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Director | 01-Apr-2021 | Current |
Financial Performance of Suruchi Spices.
Suruchi Spices Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 37.43% increase. The company also saw a substantial improvement in profitability, with a 57.5% increase in profit. The company's net worth Soared by an impressive increase of 26.89%.
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What is the Ownership and Shareholding Structure of Suruchi Spices?
In 2023, Suruchi Spices had a promoter holding of 19.20% and a public holding of 80.80%. The company had 2 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Shreeganesh Spice Enterprises Private LimitedRavi Jain and Subhash Jain are mutual person
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Suruchi Cold Storage Private Limited
Ravi Jain and Subhash Jain are mutual person
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Sambhav Food Processors Private Limited
Ravi Jain and Subhash Jain are mutual person
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Shreeganesh Chillies Private LimitedRavi Jain and Subhash Jain are mutual person
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Safal Food Products Private Limited
Ravi Jain and Subhash Jain are mutual person
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Shreeganesh Fridging And Cold Storage Private Limited
Ravi Jain and Subhash Jain are mutual person
Charges (Loans)
₹156.47 Cr
₹136.74 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 156.47 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 19 Mar 2021 | Hdfc Bank Limited | ₹2.83 Cr | Open |
| 26 Dec 2019 | Hdfc Bank Limited | ₹4.96 M | Open |
| 09 Mar 2018 | Hdfc Bank Limited | ₹83.14 Cr | Open |
| 07 Mar 2018 | Hdfc Bank Limited | ₹60.00 Cr | Open |
| 20 Feb 2018 | Hdfc Bank Limited | ₹10.00 Cr | Open |
How Many Employees Work at Suruchi Spices?
Suruchi Spices has a workforce of 214 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Suruchi Spices, 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 Suruchi Spices'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.
