About Amul Industries Private Limited
Data last updated:
Amul Industries Private Limited is a private limited company based in Rajkot, Gujarat, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the auto parts and components segment of the automotive sector. It was incorporated on 30 May 1995.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U14101GJ1995PTC026118. Its GSTIN is 24AACCA3020F1ZI (Gujarat). The company holds 6 GST registrations, of which 4 are active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹4.55 Cr. It was formerly known as Amul Auto Components Private Limited. It is led by directors including Sureshkumar Keshavjibhai Santoki (Managing Director) and Vinod Tarachand Agrawal (Irp/Rp/Liquidator).
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Rajkot, Gujarat.
As per the financials filed for FY 2020, the company reported a revenue of ₹205.99 Cr, a decline of 23% compared to the previous year. For the same year it recorded a net loss of ₹16.5 Cr (net margin -8%) and EBITDA of ₹7.89 Cr (EBITDA margin 3.8%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 3% over five years.
The company has about 45 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Amul Industries. As per MCA filings, the company has open charges of ₹35.5 Cr and satisfied charges of ₹217.93 Cr on record. Court records list 1,400 cases involving the company, including 6 filed by the company and 1,394 filed against it; 35 cases are pending. The company has 11 deals on record (8 secondary share transfers, 2 funding rounds, 1 rights issue), with disclosed funding of ₹2.5 Cr; the latest was in March 2019. Its 3 peer companies in the Automobiles industry (Auto Ancillary), with the same principal business activity (motor vehicles, trailers, semi trailers and other transport vehicles) are compared by revenue, 1 larger and 2 smaller; the largest is Umasons Auto Compo Private Limited with revenue of ₹300.55 Cr. The company has 5 MSME Form 1 returns on record between 2019 and 2020, listing 101 overdue payments to 33 micro and small suppliers.
The last known website on record is amulind.com.
Company details
Contact details
Amul Industries Private Limited's registered office is in Rajkot, Gujarat. Its website is amulind.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address2 – Aji Industrial Estate Plot No: 332/333, GIDC India, Rajkot, Gujarat, India – 360003
- IndustryAutomotive, Auto Parts & Components
To see the full contact details of Amul Industries 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
Brands
Amul Industries operates one associated brand: Amul Industries. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures and supplies engine components to OEMs, serving various industrial needs. | amulind.com |
Business activity
The main business activity of Amul Industries is manufacturing. In detail, this covers motor vehicles, trailers, semi trailers and other transport vehicles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C11 | Motor vehicles, trailers, semi trailers and other Transport Vehicles |
To see the full business activity and turnover split of Amul Industries Private Limited, buy the company report.
Financials of Amul Industries Private Limited
FY 2021 filings availableAmul Industries Private Limited reported revenue of ₹205.99 Cr (down 23% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue fell 23% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 3%. EBITDA fell 25% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹205.99 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹7.89 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹16.5 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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| Trade Payables | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.8% | ||||
| Net Profit Margin | -8% | ||||
| 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 Amul Industries Private Limited, buy the company report.
Board of directors of Amul Industries Private Limited
Amul Industries has 6 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sureshkumar Keshavjibhai Santoki Also directs: Amul Crankcase Private Limited, Amul Crankshaft Private Limited, K. Santoki & Sons Marketing LLP and 5 more | Managing Director | 30 May 1995 | 31 Years 4 Months | As last reported |
| Vinod Tarachand Agrawal | Irp/Rp/Liquidator | 30 Apr 2025 | 1 Years 5 Months | As last reported |
| Nitinkumar Keshavjibhai Santoki Also directs: Santoki Infrastructure LLP, Amul Crankcase Private Limited, Amul Crankshaft Private Limited and 1 more | Director | 30 May 1995 | 31 Years 4 Months | As last reported |
| Nipulbhai Gangdasbhai Santoki Also directs: Santoki Infrastructure LLP, Adico Escorts Agri Equipments Private Limited, Technigent Software Solutions Private Limited and 1 more | Director | 06 Feb 2008 | 18 Years 8 Months | As last reported |
| Girdharlal Veljibhai Santoki Also directs: Avico Exim Private Limited | Director | 30 May 1995 | 31 Years 4 Months | As last reported |
| Deepakkumar Nanjibhai Santoki | Director | 30 May 1995 | 31 Years 4 Months | As last reported |
Peer comparison
Amul Industries Private Limited is compared with the 3 companies closest to it by revenue in the Automobiles industry (Auto Ancillary), with the same principal business activity (motor vehicles, trailers, semi trailers and other transport vehicles), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Umasons Auto Compo Private Limited | ₹300.55 Cr (FY 2025) | 21.0% | Aurangabad, Maharashtra, India | |||
| Vishwa Buses and Coaches Limited | ₹295.85 Cr (FY 2025) | 23.0% | Chennai, Tamil Nadu, India | |||
| Daejoo Automotive India Private Limited | ₹294.91 Cr (FY 2025) | -9.0% | Thiruvallur, Tamil Nadu, India | |||
| Amul Industries Private Limitedthis company | ₹205.99 Cr (FY 2020) | -₹16.5 Cr | -8% | -23.0% | 45 | Rajkot, Gujarat, India |
To see the full peer comparison of Amul Industries Private Limited, buy the company report.
Auditor
Amul Industries Private Limited is audited by R D TANNA & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R D TANNA & ASSOCIATES | FY 2020 | 131189W |
Shareholding
The shareholding of Amul Industries Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Amul Industries Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Mar 2019 | 100261415 | Others | ₹52.09 Lakh | Open | |
| 28 Mar 2019 | 100261417 | Others | ₹1.44 Cr | Open | |
| 12 Sep 1995 | 90111287 | Others | ₹33.54 Cr | Open | |
| 22 Oct 2019 | 100303161 | Others | ₹1.85 Cr | Satisfied | |
| 30 Apr 2019 | 100262510 | Others | ₹1.1 Cr | Satisfied |
To see the full charge records of Amul Industries Private Limited, buy the company report.
Total charge records: 31 View all charges
Deals & funding
Amul Industries Private Limited has 11 deals on record (8 secondary share transfers, 2 funding rounds, 1 rights issue), with disclosed funding of ₹2.5 Cr; the latest was in March 2019.
Deals on record (5 of 11)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2019 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 3 individuals |
| Dec 2017 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 3 individuals |
| Apr 2016 | Secondary share transfer | Undisclosed | Buyer: Chandulal K Santoki & Visionary Entrepreneurs Llp Seller: an individual |
| Mar 2016 | Secondary share transfer | Undisclosed | Buyer: Nanjibhai N Santoki(HUF), 3 individuals Seller: 4 individuals |
| Mar 2016 | Rights issue | ₹5.1 Cr | Investors: 4 individuals |
To see the full deal history of Amul Industries Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Amul Industries Private Limited has 1,400 court cases on record: 6 filed by Amul Industries, 1,394 filed against it. 35 cases are pending and 1,365 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1,384 | 1,384 | 34 |
| High courts | 9 | 6 | 1 |
| NCLT | 5 | 2 | 0 |
| Supreme Court | 2 | 2 | 0 |
Cases on record (5 of 1,400)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, RAJKOT, Gujarat | Court case (SMST R) | Filed against the company by an individual | Disposed |
| District court, RAJKOT, Gujarat | Court case (RECO33C1 LC) | Filed against the company by an individual | Disposed |
| District court, RAJKOT, Gujarat | Court case (RECO33C1 LC) | Filed against the company by an individual | Disposed |
| District court, RAJKOT, Gujarat | Court case (RECO33C1 LC) | Filed against the company by an individual | Disposed |
| District court, RAJKOT, Gujarat | Court case (RECO33C1 LC) | Filed against the company by an individual | Disposed |
To see the full case history of Amul Industries 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
Amul Industries Private Limited has 5 MSME Form 1 returns on record between 2019 and 2020, listing 101 overdue payments to 33 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 33)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Lakshmi Mikcro Controls | |||
| Hi-Tech Product Agencies | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Amul Industries Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Amul Industries has 1 associated company. This group structure data is as of FY 2021. The table lists each entity with its relationship and holding.
Employees & EPFO
Amul Industries Private Limited has a workforce of 45 employees on its EPFO records as of Apr 08, 2024, across 2 active EPFO establishments.
GST
Amul Industries has 6 GST registrations: 4 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AACCA3020F1ZI | Gujarat | Active | 01 Jul 2017 |
| 33AACCA3020F1ZJ | Tamil Nadu | Active | 01 Jul 2017 |
| 36AACCA3020F2ZC | Telangana | Active | 01 Jul 2017 |
| 20AACCA3020F1ZQ | Jharkhand | Active | 16 Aug 2017 |
To see the full GST registrations and return filing status of Amul Industries Private Limited, buy the company report.
Recent activity
Amul Industries Private Limited has 10 board changes on record since 1995: 6 appointments and 4 cessations. The latest: Vinod Tarachand Agrawal was appointed as Irp/Rp/Liquidator on 30 Apr 2025.
68 earlier events are in the company report.
Frequently asked questions
Amul Industries is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Amul Industries is a company under insolvency, formerly operating as a private limited company based in Rajkot, Gujarat, India. The company works in auto parts and components, within the automotive industry. It was incorporated on 30 May 1995 and is registered under CIN U14101GJ1995PTC026118. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Amul Industries has 6 current directors:
- Sureshkumar Keshavjibhai Santoki - Managing Director
- Nitinkumar Keshavjibhai Santoki - Director
- Nipulbhai Gangdasbhai Santoki - Director
- Girdharlal Veljibhai Santoki - Director
- Deepakkumar Nanjibhai Santoki - Director
- Vinod Tarachand Agrawal - Irp/Rp/Liquidator
The latest financial statements of Amul Industries on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Amul Industries is U14101GJ1995PTC026118. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Amul Industries has open charges of ₹35.5 Cr and satisfied charges of ₹217.93 Cr as per latest MCA filings.
Amul Industries has 1,400 court cases on record: 6 filed by the company and 1,394 filed against it. 35 are pending. Most are in the district courts.
Amul Industries was incorporated on 30 May 1995. It is registered with the Registrar of Companies, Ahmedabad.
Amul Industries has 11 deals on record (8 secondary share transfers, 2 funding rounds, 1 rights issue), with disclosed funding of ₹2.5 Cr; the latest was in March 2019.
The peers of Amul Industries by revenue are Umasons Auto Compo Private Limited, Vishwa Buses and Coaches Limited, Daejoo Automotive India Private Limited, all in the Automobiles industry (Auto Ancillary), with the same principal business activity (motor vehicles, trailers, semi trailers and other transport vehicles).
Vinod Tarachand Agrawal was appointed as Irp/Rp/Liquidator on 30 Apr 2025. Sureshkumar Keshavjibhai Santoki ceased to be Director on 01 Dec 2021. Vipulkumar Nanjibhai Patel ceased to be Director on 10 Feb 2021. Amul Industries has 10 board changes on record in total.
Amul Industries has 5 MSME Form 1 returns on record between 2019 and 2020, listing 101 overdue payments to 33 micro and small suppliers. The latest return was filed on 08 Oct 2020.