MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-01-0015663
Saideep Foam Private Limited - packaging in Ahmednagar, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹9.69 Cr
▼ 5% YoY
Net profit · FY 2025
₹19.25 Lakh
Net margin 2%
EBITDA · FY 2025
₹42.14 Lakh
EBITDA margin 4.4%
Authorised capital
₹4 Cr
Registered with MCA
Paid-up capital
₹4 Cr
Issued & subscribed
Open charges
₹9.69 Cr
Satisfied ₹4.21 Cr
Company age
16 yrs
Est. 2010
Employees · EPFO
8
Provident fund records
About Saideep Foam Private Limited
Data last updated:
Saideep Foam Private Limited is a private limited company based in Ahmednagar, Maharashtra, India. It operates in the industrial packaging solutions segment of the packaging sector. It was incorporated on 09 November 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U74999PN2010PTC137721. Its GSTIN is 27AAPCS0150F1ZG (Maharashtra).
The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹4 Cr. It is led by directors Sudhir Zumbarlal Chopada and Nilesh Subhash Chopada.
Its last annual general meeting (AGM) was held on 30 December 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Ahmednagar, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹9.69 Cr, a decline of 5% compared to the previous year. For the same year it recorded a net profit of ₹19.25 Lakh (net margin 2%) and EBITDA of ₹42.14 Lakh (EBITDA margin 4.4%). Revenue has declined at a compounded annual rate (CAGR) of 12% over three years and 7% over five years.
The company has about 8 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹9.69 Cr and satisfied charges of ₹4.21 Cr on record. Court records list 14 cases involving the company, including 7 filed by the company and 7 filed against it; 3 cases are pending.
Saideep Foam Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-01-0015663). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website saideepgroup.in.
Company details
CIN U74999PN2010PTC137721
Registration Number 137721
Incorporation Date 09 November 2010
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 December 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-01-0015663
Recognitions & Rankings of Saideep Foam
Contact details
Saideep Foam Private Limited's registered office is in Ahmednagar, Maharashtra. Its website is saideepgroup.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No.1 S. No.189, MIDC Nimbalak, Ahmednagar, Maharashtra, India – 414111
- IndustryPackaging, Industrial Packaging Solutions
To see the full contact details of Saideep Foam Private Limited, buy the company report.
Comprehensive company report
Saideep Foam Private Limited - one report that includes everything
- 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Saideep Foam is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Saideep Foam Private Limited, buy the company report.
Financials of Saideep Foam Private Limited
FY 2024 filings availableSaideep Foam Private Limited reported revenue of ₹9.69 Cr (down 5% YoY) for FY 2025.
Revenue · FY 2025
₹9.69 Cr ▼ 5%
Net profit · FY 2025
₹19.25 Lakh margin 2%
EBITDA · FY 2025
₹42.14 Lakh margin 4.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 5%
3 years · compounded
▼ 12%
5 years · compounded
▼ 7%
EBITDA CAGR growth
1 year
▼ 36%
3 years · compounded
▼ 24%
5 years · compounded
▼ 24%
Revenue has declined at a compounded annual rate (CAGR) of 7% over five years, including a 5% fall in the latest year. EBITDA fell 36% 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 | ₹42.14 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹19.25 Lakh | ||||
| Balance Sheet | |||||
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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 | 4.4% | ||||
| Net Profit Margin | 2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of Saideep Foam Private Limited, buy the company report.
Board of directors of Saideep Foam Private Limited
Saideep Foam has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sudhir Zumbarlal Chopada Also directs: Saiace Alloys LLP, Saideep Automobiles Private Limited | Director | 01 Sep 2014 | 12 Years 1 Months | Current |
| Nilesh Subhash Chopada | Director | 09 Nov 2010 | 15 Years 11 Months | Current |
Auditor
Saideep Foam Private Limited is audited by C L Madhyan and Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| C L Madhyan and Associates | FY 2023 | 105721W |
Shareholding
The shareholding of Saideep Foam Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Saideep Foam Private Limited, buy the company report.
Charges & borrowings
Open charges
₹9.69 Cr
Satisfied charges
₹4.21 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Jun 2020 | 100348447 | Axis Bank Limited | ₹75 Lakh | Open | |
| 28 May 2015 | 10572281 | Axis Bank Limited | ₹1 Cr | Open | |
| 07 Dec 2012 | 10392376 | Axis Bank Limited | ₹7.94 Cr | Open | |
| 21 Mar 2017 | 100121045 | Others | ₹28.5 Lakh | Satisfied | |
| 05 Oct 2016 | 100054836 | Others | ₹92 Lakh | Satisfied |
To see the full charge records of Saideep Foam Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Saideep Foam Private Limited has 14 court cases on record: 7 filed by Saideep Foam, 7 filed against it. 3 cases are pending and 11 are disposed.
Total cases
14
Filed by the company
7
Filed against the company
7
Pending
3
Disposed
11
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 12 | 5 | 3 |
| NCLAT | 2 | 2 | 0 |
Cases on record (5 of 14)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Court case (Summons For Judgement) | Filed against the company by Soltex Petroproducts Ltd | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Commercial matter | Filed against the company by Soltex Petroproducts Ltd | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed against the company by Soltex Petroproducts Ltd | Disposed |
| District court, Ahmednagar, Maharashtra | Court case (R.C.A.) | Filed against the company by Kaygee Foam Pvt Ltd. and 3 others | Disposed |
| District court, Ahmednagar, Maharashtra | Civil suit | Filed by the company against Kaygee Foam Pvt Ltd. | Disposed |
To see the full case history of Saideep Foam 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
Saideep Foam Private Limited has 2 MSME Form 1 returns on record between 2020 and 2021, listing 14 overdue payments to 7 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 7)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| SSSP Speciality Packagings Private Limited | |||
| Shri Ramdhara Comfort Products Private Limited | |||
| Agarwal Technoplast Private Limited | |||
| XL Paper Core LLP | |||
| Balaji Paper Tube Industries |
To see the full MSME payment records of Saideep Foam Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Saideep Foam Private Limited has a workforce of 8 employees on its EPFO records as of Apr 03, 2024, across 1 active EPFO establishment.
Employee count
8
Active EPFO establishments
1
Employee growth
33.33%
GST
Saideep Foam has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAPCS0150F1ZG | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Saideep Foam Private Limited, buy the company report.
Recent activity
Saideep Foam Private Limited has 5 board changes on record since 2010: 2 appointments and 3 cessations. The latest: Nilesh Kiran Lalwani ceased to be Director on 14 May 2024.
AGM
Saideep Foam Private Limited last Annual general meeting of members was held on 30 Dec 2024 as per latest MCA records.
Ceased
Nilesh Kiran Lalwani ceased to be Director.
Filing
Saideep Foam Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.
Charges
A charge with Axis Bank Limited of Rs. 7.94 Cr registered on 07 Dec 2012 with Charge ID 10392376 was modified on 03 Dec 2022.
Charges
A charge with Axis Bank Limited amounted to Rs. 0.75 Cr with Charge ID 100348447 was registered on 17 Jun 2020.
Charges
A charge registered on 21 Mar 2017 via Charge ID 100121045 with Others was fully satisfied on 22 Aug 2019.
Charges
A charge registered on 05 Oct 2016 via Charge ID 100054836 with Others was fully satisfied on 22 Aug 2019.
Charges
A charge with Others of Rs. 0.92 Cr registered on 05 Oct 2016 with Charge ID 100054836 was modified on 01 Aug 2017.
Charges
A charge with Others amounted to Rs. 0.29 Cr with Charge ID 100121045 was registered on 21 Mar 2017.
Charges
A charge with Others amounted to Rs. 0.92 Cr with Charge ID 100054836 was registered on 05 Oct 2016.
Charges
A charge with Axis Bank Limited amounted to Rs. 1.00 Cr with Charge ID 10572281 was registered on 28 May 2015.
Ceased
Sudhir Zumbarlal Chopada ceased to be Additional Director.
7 earlier events are in the company report.
Frequently asked questions
Saideep Foam is an active private limited company based in Ahmednagar, Maharashtra, India. The company works in industrial packaging solutions, within the packaging industry. It was incorporated on 09 November 2010 (16+ years old) and is registered under CIN U74999PN2010PTC137721.
Saideep Foam has 2 current directors:
- Sudhir Zumbarlal Chopada - Director
- Nilesh Subhash Chopada - Director
The latest financial statements of Saideep Foam on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 December 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Saideep Foam is 27AAPCS0150F1ZG, registered in Maharashtra.
The CIN (Corporate Identification Number) of Saideep Foam is U74999PN2010PTC137721. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Saideep Foam has 14 court cases on record: 7 filed by the company and 7 filed against it. 3 are pending. Most are in the district courts.
Saideep Foam was incorporated on 09 November 2010, making it 16+ years old. It is registered with the Registrar of Companies, Pune.
Nilesh Kiran Lalwani ceased to be Director on 14 May 2024. Sudhir Zumbarlal Chopada ceased to be Additional Director on 30 Sep 2014. Sudhir Zumbarlal Chopada was appointed as Director on 01 Sep 2014. Saideep Foam has 5 board changes on record in total.
Yes, Saideep Foam is registered as a small enterprise under Udyam registration (number: UDYAM-MH-01-0015663).
Saideep Foam has 2 MSME Form 1 returns on record between 2020 and 2021, listing 14 overdue payments to 7 micro and small suppliers. The latest return was filed on 29 Jun 2021.
Saideep Foam can be reached through the website saideepgroup.in. Its registered office is in Ahmednagar, Maharashtra, India.