Sanket Petrochem Limited
About Sanket Petrochem Limited
Data last updated:
Sanket Petrochem Limited was a public limited company based in Surat, Gujarat, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the retail trading segment of the trading and commerce sector. It was incorporated on 21 March 1994.
The company was registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U23209GJ1994PLC021587.
The company had an authorised share capital of ₹25 Lakh and a paid-up capital of ₹5.1 Lakh. It was led by directors including Abhay Ramniklal Mehta and Sonali Sanjay Mehta.
Its last annual general meeting (AGM) was held on 20 July 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office was at L 11 Parle Point Palceathawalines, Surat, Gujarat, India – 395007.
Court records list 13 cases involving the company, including 11 filed by the company and 2 filed against it.
Company details
Contact details
Sanket Petrochem Limited's registered office is in Surat, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressL 11 Parle Point Palceathawalines, Surat, Gujarat, India – 395007
- IndustryTrading, Retail Trading, Retailers
To see the full contact details of Sanket Petrochem Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Financials of Sanket Petrochem Limited
FY 2019 filings availableSanket Petrochem Limited reported revenue of ₹5,255 for FY 2017.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹5,255 | ||
| Cost of Materials Consumed | |||
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| Tax Expense | |||
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| Balance Sheet | |||
| Share Capital | |||
| Reserves and Surplus | |||
| Net Worth (Total Equity) | |||
| Long-term Borrowings | |||
| Short-term Borrowings | |||
| Trade Payables | |||
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| Investments | |||
| Inventories | |||
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Financial Ratios
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | |||
| Net Profit Margin | |||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
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| Quick Ratio | |||
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| Receivable Days | |||
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| Inventory Days | |||
| Revenue Growth | |||
| Net Profit Growth | |||
To see the full financial statements and ratios of Sanket Petrochem Limited, buy the company report.
Board of directors of Sanket Petrochem Limited
Sanket Petrochem has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Abhay Ramniklal Mehta Also directs: Reeshab Teelak Chemicals Private Limited, Tirth-Chem Private Limited, Siddh Chem Private Limited and 1 more | Director | 02 Apr 1997 | 29 Years 7 Months | As last reported |
| Sonali Sanjay Mehta Also directs: Tirth-Chem Private Limited, Sakshi Industries Private Limited | Director | 08 Dec 1994 | 31 Years 11 Months | As last reported |
| Sanjay Ramniklal Mehta | Director Appointed In Casual Vacancy | 20 Apr 2019 | 7 Years 6 Months | As last reported |
Auditor
Sanket Petrochem Limited is audited by H. H. PARMAR & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| H. H. PARMAR & CO | FY 2017 | 113939W |
Shareholding
The shareholding of Sanket Petrochem Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Sanket Petrochem Limited, buy the company report.
Legal cases
Sanket Petrochem Limited has 13 court cases on record: 11 filed by Sanket Petrochem, 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 11 | 2 | 0 |
| District courts | 2 | 0 | 0 |
Cases on record (5 of 13)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Commercial suit | Filed against the company by Suntex Industries Pvt. Ltd. | Disposed |
| High Court, GUJARAT | Court case (COMP) | Filed by the company against Sangam Prints Private Limited | Disposed |
| High Court, GUJARAT | Court case (COMP) | Filed by the company against Sangam Creation Private Limited | Disposed |
| High Court, GUJARAT | Court case (COMP) | Filed by the company against Suntex Industries Pvt.Ltd. | Disposed |
| Bombay High Court | Court case (CHOL) | Filed by the company against RPL (India) Ltd | Disposed |
To see the full case history of Sanket Petrochem Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Sanket Petrochem Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Sanket Petrochem Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Sanket Petrochem Limited has 8 board changes on record since 1994: 3 appointments and 5 cessations. The latest: Sanjay Ramniklal Mehta was appointed as Director Appointed In Casual Vacancy on 20 Apr 2019.
Frequently asked questions
Sanket Petrochem has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Sanket Petrochem was a public limited company based in Surat, Gujarat, India. The company worked in retail trading, within the trading industry. It was incorporated on 21 March 1994 and is registered under CIN U23209GJ1994PLC021587. The company has been struck off by the Registrar of Companies and is no longer operational.
Sanket Petrochem had 3 directors:
- Abhay Ramniklal Mehta - Director
- Sonali Sanjay Mehta - Director
- Sanjay Ramniklal Mehta - Director Appointed In Casual Vacancy
The CIN (Corporate Identification Number) of Sanket Petrochem is U23209GJ1994PLC021587. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Sanket Petrochem is at L 11 Parle Point Palceathawalines, Surat, Gujarat, India – 395007.
Sanket Petrochem was incorporated on 21 March 1994. It is registered with the Registrar of Companies, Ahmedabad.
The latest financial statements of Sanket Petrochem on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 20 July 2019. Year-wise statements from 2015 are in the company report.
Sanket Petrochem operated in the trading industry, in the retail trading segment. It worked in this industry before it was struck off.
Sanket Petrochem has 13 court cases on record: 11 filed by the company and 2 filed against it. Most are in the high courts.
Sanjay Ramniklal Mehta was appointed as Director Appointed In Casual Vacancy on 20 Apr 2019. Ramniklal Ratilal Magia ceased to be Director on 22 Mar 2019. Sanjay Ramniklal Mehta ceased to be Alternate Director on 01 Mar 2019. Sanket Petrochem has 8 board changes on record in total.
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