Surfaces Technological Abrasives India Private Limited
About Surfaces Technological Abrasives India Private Limited
Data last updated:
Surfaces Technological Abrasives India Private Limited is a private limited company based in Ahmedabad, Gujarat, India, a subsidiary of Surfaces Technological Abrasives S.P.A. - Italy. It operates in the other metals and minerals segment of the metals and mining sector. It was incorporated on 05 July 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U26959GJ2018PTC103151. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹2 Cr. It is led by directors including Eugenio Paolo Lo Feudo and Chintan Ketankumar Dave.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at 903 Akshat Complex Nr Parshwa Complex Near Pakvan – 2 Restaurent S G Highway, Ahmedabad, Gujarat, India – 380054.
As per the financials filed for FY 2020, the company reported a revenue of ₹3.47 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹10.1 Lakh (net margin -2.9%) and EBITDA of -₹10.58 Lakh (EBITDA margin -3%).
Court records list 1 case involving the company, including 1 filed by the company. The company has 3 deals on record (1 funding round, 1 rights issue, 1 secondary share transfer), with disclosed funding of ₹27.2 Lakh; the latest was in July 2019.
Company details
Contact details
Surfaces Technological Abrasives India Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address903 Akshat Complex Nr Parshwa Complex Near Pakvan – 2 Restaurent S G Highway, Ahmedabad, Gujarat, India – 380054
- IndustryMetals and Minerals, Other Metals & Minerals
To see the full contact details of Surfaces Technological Abrasives India 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
Business activity
The main business activity of Surfaces Technological Abrasives India is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of Surfaces Technological Abrasives India Private Limited, buy the company report.
Financials of Surfaces Technological Abrasives India Private Limited
FY 2020 filings availableSurfaces Technological Abrasives India Private Limited reported revenue of ₹3.47 Cr (up 10338% YoY) for FY 2020.
Financial Statement Summary
| Metrics | FY 2019-20 | FY 2018-19 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹3.47 Cr | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | -₹10.58 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹10.1 Lakh | |
| Balance Sheet | ||
| Share Capital | ||
| Reserves and Surplus | ||
| Net Worth (Total Equity) | ||
| Long-term Borrowings | ||
| Short-term Borrowings | ||
| Trade Payables | ||
| Total Liabilities | ||
| Fixed Assets | ||
| Investments | ||
| Inventories | ||
| Trade Receivables | ||
| Cash and Bank Balance | ||
| Total Assets | ||
Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -3% | |
| Net Profit Margin | -2.9% | |
| Return on Equity (ROE) | ||
| Return on Capital Employed (ROCE) | ||
| Return on Assets (ROA) | ||
| Liquidity and Debt | ||
| Current Ratio | ||
| Quick Ratio | ||
| Debt-to-Equity Ratio | ||
| Interest Coverage Ratio | ||
| 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 Surfaces Technological Abrasives India Private Limited, buy the company report.
Board of directors of Surfaces Technological Abrasives India Private Limited
Surfaces Technological Abrasives India has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Eugenio Paolo Lo Feudo | Director | 05 Nov 2019 | 6 Years 11 Months | Current |
| Chintan Ketankumar Dave | Director | 05 Jul 2018 | 8 Years 3 Months | Current |
| Ketan Dave | Director | 05 Jul 2018 | 8 Years 3 Months | Current |
| Remo Vivoli | Director | 05 Jul 2018 | 8 Years 3 Months | Current |
Auditor
Surfaces Technological Abrasives India Private Limited is audited by SORABH JAIN & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SORABH JAIN & ASSOCIATES | FY 2020 | 130359W |
Shareholding
The shareholding of Surfaces Technological Abrasives India Private Limited is on record for 2 financial years, the latest being FY 2020, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Surfaces Technological Abrasives India Private Limited, buy the company report.
Deals & funding
Surfaces Technological Abrasives India Private Limited has 3 deals on record (1 funding round, 1 rights issue, 1 secondary share transfer), with disclosed funding of ₹27.2 Lakh; the latest was in July 2019.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2019 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| May 2019 | Rights issue | ₹1.72 Cr | Investors: 4 individuals |
| Mar 2019 | Funding round | ₹27.2 Lakh | Investors: 4 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Surfaces Technological Abrasives India Private Limited has 1 court case on record: 1 filed by Surfaces Technological Abrasives India. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Ahmedabad | Insolvency matter | Filed by the company against an individual | Disposed |
To see the full case history of Surfaces Technological Abrasives India 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 Surfaces Technological Abrasives India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Surfaces Technological Abrasives India 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 Surfaces Technological Abrasives India Private Limited, buy the company report.
Recent activity
Surfaces Technological Abrasives India Private Limited has 7 board changes on record since 2018: 4 appointments and 3 cessations. The latest: Marco Cicorella ceased to be Director on 11 Mar 2021.
Frequently asked questions
Surfaces Technological Abrasives India is an active private limited company based in Ahmedabad, Gujarat, India. The company works in other metals and minerals, within the metals and minerals industry. It was incorporated on 05 July 2018 (8+ years old) and is registered under CIN U26959GJ2018PTC103151.
Surfaces Technological Abrasives India has 4 current directors:
- Eugenio Paolo Lo Feudo - Director
- Chintan Ketankumar Dave - Director
- Ketan Dave - Director
- Remo Vivoli - Director
The latest financial statements of Surfaces Technological Abrasives India on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from FY 2019 are in the company report.
No. Surfaces Technological Abrasives India has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Surfaces Technological Abrasives India is U26959GJ2018PTC103151. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Surfaces Technological Abrasives India has 1 court case on record: 1 filed by the company.
Surfaces Technological Abrasives India was incorporated on 05 July 2018, making it 8+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Surfaces Technological Abrasives India has 3 deals on record (1 funding round, 1 rights issue, 1 secondary share transfer), with disclosed funding of ₹27.2 Lakh; the latest was in July 2019.
Marco Cicorella ceased to be Director on 11 Mar 2021. Eugenio Paolo Lo Feudo ceased to be Additional Director on 11 Nov 2019. Eugenio Paolo Lo Feudo was appointed as Director on 05 Nov 2019. Surfaces Technological Abrasives India has 7 board changes on record in total.
The registered office of Surfaces Technological Abrasives India is at 903 Akshat Complex Nr Parshwa Complex Near Pakvan – 2 Restaurent S G Highway, Ahmedabad, Gujarat, India – 380054.