Siddhi Manufacturing Private Limited
About Siddhi Manufacturing Private Limited
Data last updated:
Siddhi Manufacturing Private Limited was a private limited company based in Surat, Gujarat, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the watches and jewelry manufacturing segment of the consumer goods sector. It was incorporated on 11 July 2005.
The company was registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U36910GJ2005PTC046407. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Bhavani Gems Manufacturing Private Limited and Bhavani Gems Private Limited. It was led by directors Manjibhai Rudabhai Dholakia and Labhuben Manjibhai Dholakia.
Its last annual general meeting (AGM) was held on 02 June 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office was at Surat, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹9.38 Lakh, a decline of 30% compared to the previous year. For the same year it recorded a net profit of ₹3.09 Lakh (net margin 33%) and EBITDA of ₹4.09 Lakh (EBITDA margin 43.6%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 52% over five years.
The company has about 39 employees on its provident fund (EPFO) records.
Court records list 1 case involving the company, including 1 filed against it; 1 case is pending.
Company details
Name history
Siddhi Manufacturing has undergone 2 name changes throughout its history. The company was previously known as Bhavani Gems Manufacturing Private Limited, and Bhavani Gems Private Limited. The current legal name is Siddhi Manufacturing Private Limited.
| Company Name | Status |
|---|---|
| Siddhi Manufacturing Private Limited | Current |
| Bhavani Gems Manufacturing Private Limited | Previous |
| Bhavani Gems Private Limited | Previous |
Contact details
Siddhi Manufacturing Private Limited's registered office is in Surat, Gujarat. Its e-mail address is in the company report.
- Email
- Registered Address2nd Floor Unit 201 Tps 3 Avadh Building 2, Sy No. 310.Cs – 4463/2 – Ab 4643/3A – B Vasta Devadi Road, Surat, Gujarat, India – 395004
- IndustryConsumer Goods, Watches & Jewelry Manufacturing
To see the full contact details of Siddhi Manufacturing Private 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 Siddhi Manufacturing Private Limited
FY 2025 filings availableSiddhi Manufacturing Private Limited reported revenue of ₹9.38 Lakh (down 30% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 30% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 52%. EBITDA fell 67% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Total Expenses | |||||
| EBITDA | ₹4.09 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.09 Lakh | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 43.6% | ||||
| Net Profit Margin | 33% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Siddhi Manufacturing Private Limited, buy the company report.
Board of directors of Siddhi Manufacturing Private Limited
Siddhi Manufacturing has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manjibhai Rudabhai Dholakia Also directs: Siddhi Manufacturing LLP, Bhavani Gems Private Limited | Director | 02 Jun 2025 | 1 Years 5 Months | As last reported |
| Labhuben Manjibhai Dholakia Also directs: Siddhi Manufacturing LLP | Director | 02 Jun 2025 | 1 Years 5 Months | As last reported |
Peer comparison
Siddhi Manufacturing Private Limited is compared with the 4 companies closest to it by revenue in the Consumer Products industry (Watches and Jewellery Manufacturers), with the same principal business activity (other manufacturing including jewelry, musical instruments, medical instruments, sports goods, etc. activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ferguson Dials Private Limited | ₹9.55 Lakh (FY 2024) | -71.0% | Tal Lodhika, Gujarat, India | |||
| Unico Exports Private Limited | ₹9.53 Lakh (FY 2025) | -54.0% | Kolkata, West Bengal, India | |||
| Esnam Jewels Private Limited | ₹9.52 Lakh (FY 2025) | 141.0% | Agra, Uttar Pradesh, India | |||
| Siddhi Manufacturing Private Limitedthis company | ₹9.38 Lakh (FY 2025) | ₹3.09 Lakh | 33% | -30.0% | 39 | Surat, Gujarat, India |
| Kathana Jewels Private Limited | ₹9.22 Lakh (FY 2025) | 32.0% | Delhi, India |
To see the full peer comparison of Siddhi Manufacturing Private Limited, buy the company report.
Auditor
Siddhi Manufacturing Private Limited is audited by G K CHOKSI & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| G K CHOKSI & CO | FY 2019 | 125442W |
Shareholding
The shareholding of Siddhi Manufacturing Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Siddhi Manufacturing Private Limited, buy the company report.
Legal cases
Siddhi Manufacturing Private Limited has 1 court case on record: 1 filed against it. All case is pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Interim or miscellaneous application | Filed against the company by Principal Commissioner of Income Tax 5 Mumbai | Pending |
To see the full case history of Siddhi Manufacturing Private 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 Siddhi Manufacturing Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Siddhi Manufacturing Private Limited has a workforce of 39 employees on its EPFO records as of Oct 2018.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2018-19 | 39 |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Siddhi Manufacturing Private Limited, buy the company report.
GST
Siddhi Manufacturing has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Siddhi Manufacturing Private Limited, buy the company report.
Recent activity
Siddhi Manufacturing Private Limited has 14 board changes on record since 2005: 8 appointments and 6 cessations. The latest: Dipakkumar Bhudarbhai Bhadaniya ceased to be Director on 12 Jun 2025.
5 earlier events are in the company report.
Frequently asked questions
Siddhi Manufacturing has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Siddhi Manufacturing was a private limited company based in Surat, Gujarat, India. The company worked in watches and jewelry manufacturing, within the consumer goods industry. It was incorporated on 11 July 2005 and is registered under CIN U36910GJ2005PTC046407. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Siddhi Manufacturing is U36910GJ2005PTC046407. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Siddhi Manufacturing had 2 directors:
- Manjibhai Rudabhai Dholakia - Director
- Labhuben Manjibhai Dholakia - Director
Siddhi Manufacturing was incorporated on 11 July 2005. It is registered with the Registrar of Companies, Ahmedabad.
The registered office of Siddhi Manufacturing is at 2nd Floor Unit 201 Tps 3 Avadh Building 2, Sy No. 310.Cs – 44632 – Ab 46433A – B Vasta Devadi Road, Surat, Gujarat, India – 395004.
The latest financial statements of Siddhi Manufacturing on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 02 June 2025. Year-wise statements from 2015 are in the company report.
No. Siddhi Manufacturing has 1 GST registration on record and it is cancelled or inactive.
Siddhi Manufacturing operated in the consumer goods industry, in the watches and jewelry manufacturing segment.
The peers of Siddhi Manufacturing by revenue are Ferguson Dials Private Limited, Unico Exports Private Limited, Esnam Jewels Private Limited, Kathana Jewels Private Limited, all in the Consumer Products industry (Watches and Jewellery Manufacturers), with the same principal business activity (other manufacturing including jewelry, musical instruments, medical instruments, sports goods, etc. activities).
Siddhi Manufacturing has 1 court case on record: 1 filed against it. 1 is pending.
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