Shreem Corporation Limited
About Shreem Corporation Limited
Data last updated:
Shreem Corporation Limited is a public limited company based in Mumbai, Maharashtra, 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 food and beverage distribution segment of the food and beverages sector. It was incorporated on 05 January 2008.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2008PLC177416. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹110 Cr and a paid-up capital of ₹108.84 Cr. It was formerly known as Rajput Retail Limited. It is led by directors including Vijay Rajendraprasad Gupta and Sanjay Rajendraprasad Gupta.
Its last annual general meeting (AGM) was held on 26 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2015, the company reported a revenue of ₹81.94 Lakh, a decline of 67% compared to the previous year. For the same year it recorded a net loss of ₹16.23 Lakh (net margin -19.8%) and EBITDA of -₹67,689 (EBITDA margin -0.8%).
As per MCA filings, the company has open charges of ₹447.92 Cr on record. Court records list 91 cases involving the company, including 23 filed by the company and 68 filed against it; 12 cases are pending.
Company details
CIN history
Shreem Corporation has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U74999MH2008PLC177416, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74999MH2008PLC177416 | Current |
| U52300MH2008PLC177416 | Previous |
| U55101MH2008PLC177416 | Previous |
Contact details
Shreem Corporation Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressFlat No. 101 Og – III Oberoi Garden Thakur Village Off Western Express Highway Kandivali (, E), Mumbai, Maharashtra, India – 400101
- IndustryFood and Beverages, Food & Beverage Retail & Distribution
To see the full contact details of Shreem Corporation 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 Shreem Corporation Limited
FY 2016 filings availableShreem Corporation Limited reported revenue of ₹81.94 Lakh (down 67% YoY) for FY 2015.
Compounded Annual Growth Rate (CAGR)
Revenue fell 67% in the latest year. EBITDA rose 100% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2014-15 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | |
| Other Income | |
| Total Revenue | ₹81.94 Lakh |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | -₹67,689 |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | -₹16.23 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 2014-15 |
|---|---|
| Profitability | |
| EBITDA Margin | -0.8% |
| Net Profit Margin | -19.8% |
| 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 Shreem Corporation Limited, buy the company report.
Board of directors of Shreem Corporation Limited
Shreem Corporation has 4 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vijay Rajendraprasad Gupta Also directs: Shreem Steel Private Limited, Ajay Metallics Private Limited, Keti Buildcon Private Limited and 4 more | Director | 18 May 2009 | 17 Years 5 Months | As last reported |
| Sanjay Rajendraprasad Gupta Also directs: Vindhyavasini Petroleum Private Limited, Vindhyavasini Steelstrips Private Limited, Hindustan Megapower Limited and 3 more | Director | 18 Apr 2018 | 8 Years 6 Months | As last reported |
| Rahul Surendra Gupta Also directs: Ajay Metallics Private Limited, Keti Buildcon Private Limited, Vindhyavasini Megastructures Limited and 5 more | Director | 03 May 2016 | 10 Years 5 Months | As last reported |
| Dilip Rajender Gupta Also directs: Shreem Steel Private Limited, Keti Buildcon Private Limited, Keti Toll Infrastructure Private Limited and 4 more | Director | 01 Jul 2016 | 10 Years 3 Months | As last reported |
Shareholding
The shareholding of Shreem Corporation Limited is on record for 2 financial years, the latest being FY 2016, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2016 | FY 2015 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Shreem Corporation Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Dec 2011 | 10337653 | State Bank of India | ₹155 Cr | Open | |
| 31 Oct 2011 | 10324099 | State Bank of India | ₹99 Cr | Open | |
| 27 Nov 2010 | 10263480 | State Bank of India | ₹141 Cr | Open | |
| 27 Aug 2010 | 10244949 | State Bank of India | ₹18 Cr | Open | |
| 22 Mar 2010 | 10211751 | Punjab National Bank | ₹34.92 Cr | Open |
To see the full charge records of Shreem Corporation Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Shreem Corporation Limited has 91 court cases on record: 23 filed by Shreem Corporation, 68 filed against it. 12 cases are pending and 79 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 74 | 57 | 8 |
| District courts | 12 | 11 | 4 |
| NCLT | 5 | 0 | 0 |
Cases on record (5 of 91)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Interim or miscellaneous application | Filed against the company by Axis Bank Ltd | Pending |
| Bombay High Court | Court case (COMEX) | Filed against the company by Axis Bank Ltd | Pending |
| High Court, MAHARASHTRA | Court case (CHOL) | Filed against the company by Axis Bank Ltd. | Disposed |
| NCLT, Mumbai | Insolvency matter | Filed by the company against The Ruby Mills Limited | Disposed |
| Bombay High Court | Interim or miscellaneous application | Filed against the company by Axis Bank Ltd. | Disposed |
To see the full case history of Shreem Corporation 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 Shreem Corporation Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Shreem Corporation 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 Shreem Corporation Limited, buy the company report.
Recent activity
Shreem Corporation Limited has 11 board changes on record since 2009: 4 appointments and 7 cessations. The latest: Kanhaiya Vaikunth Rathod ceased to be Director on 01 Feb 2020.
9 earlier events are in the company report.
Frequently asked questions
Shreem Corporation 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.
Shreem Corporation is a company under insolvency, formerly operating as a public limited company based in Mumbai, Maharashtra, India. The company works in food and beverage retail and distribution, within the food and beverages industry. It was incorporated on 05 January 2008 and is registered under CIN U74999MH2008PLC177416. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Shreem Corporation has 4 current directors:
- Vijay Rajendraprasad Gupta - Director
- Sanjay Rajendraprasad Gupta - Director
- Rahul Surendra Gupta - Director
- Dilip Rajender Gupta - Director
The latest financial statements of Shreem Corporation on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 26 September 2016. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Shreem Corporation is U74999MH2008PLC177416. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shreem Corporation has open charges of ₹447.92 Cr and no satisfied charges on record as per latest MCA filings.
Shreem Corporation has 91 court cases on record: 23 filed by the company and 68 filed against it. 12 are pending. Most are in the high courts.
Shreem Corporation was incorporated on 05 January 2008. It is registered with the Registrar of Companies, Mumbai.
Kanhaiya Vaikunth Rathod ceased to be Director on 01 Feb 2020. Rinki Kanhya Rathod ceased to be Director on 01 Feb 2020. Sanjay Rajendraprasad Gupta was appointed as Director on 18 Apr 2018. Shreem Corporation has 11 board changes on record in total.
The registered office of Shreem Corporation is at Flat No. 101 Og – III Oberoi Garden Thakur Village Off Western Express Highway Kandivali , E, Mumbai, Maharashtra, India – 400101.