Saathi Adhesives Private Limited
About Saathi Adhesives Private Limited
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Saathi Adhesives Private Limited was a private limited company based in Ahmedabad, Gujarat, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the speciality chemicals segment of the chemicals sector. It was incorporated on 16 August 2017.
The company was registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24290GJ2017PTC098695.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors including Pravinbhai Gopalbhai Shetty and Yunis Nooralibhai Bhimani.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at Shed No. 30 Ahmedabad Cotton Merchants Co – Op.Shop & Warehouse Soc. Ltd. Stovec Road Nidc, Lambha, Gujarat, India – 382405.
As per the financials filed for FY 2018, the company reported a revenue of ₹50.97 Lakh. For the same year it recorded a net profit of ₹17,393 (net margin 0.3%) and EBITDA of ₹27,762 (EBITDA margin 0.5%).
Court records list 11 cases involving the company, including 11 filed against it; 10 cases are pending.
Company details
Contact details
Saathi Adhesives Private Limited's registered office is in Ahmedabad, Gujarat.
- Registered AddressShed No. 30 Ahmedabad Cotton Merchants Co – Op.Shop & Warehouse Soc. Ltd. Stovec Road Nidc, Lambha, Gujarat, India – 382405
- IndustryChemicals, Other Chemical Product, Manufacturing
- 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 Saathi Adhesives 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 Saathi Adhesives Private Limited, buy the company report.
Financials of Saathi Adhesives Private Limited
FY 2018 filings availableSaathi Adhesives Private Limited reported revenue of ₹50.97 Lakh for FY 2018.
Financial Statement Summary
| Metrics | FY 2017-18 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | |
| Other Income | |
| Total Revenue | |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | ₹27,762 |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | ₹17,393 |
| 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 2017-18 |
|---|---|
| Profitability | |
| EBITDA Margin | 0.5% |
| Net Profit Margin | 0.3% |
| 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 Saathi Adhesives Private Limited, buy the company report.
Board of directors of Saathi Adhesives Private Limited
Saathi Adhesives has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pravinbhai Gopalbhai Shetty | Director | 25 Apr 2019 | 7 Years 6 Months | As last reported |
| Yunis Nooralibhai Bhimani | Director | 16 Aug 2017 | 9 Years 2 Months | As last reported |
| Ronak Ravindra Shete | Director | 16 Aug 2017 | 9 Years 2 Months | As last reported |
Legal cases
Saathi Adhesives Private Limited has 11 court cases on record: 11 filed against it. 10 cases are pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 8 | 8 |
| High courts | 3 | 3 | 2 |
Cases on record (4 of 11)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Hindprakash Industries Ltd - Prakash Thakar | Pending |
| High Court, MAHARASHTRA | Court case (COMIP) | Filed against the company by Pidilite in Dustrial Ltd. | Pending |
| High Court | Interim or miscellaneous application | Filed against the company by Pidilite in Dustrial Ltd. | Pending |
| High Court | Court case (LPETN) | Filed against the company by Pidilite Industrial Ltd. | Disposed |
To see the full case history of Saathi Adhesives 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 Saathi Adhesives Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Saathi Adhesives Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Saathi Adhesives Private Limited has 4 board changes on record since 2017: 3 appointments and 1 cessation. The latest: Darshan Vinodrai Masrani ceased to be Director on 25 Apr 2019.
Frequently asked questions
Saathi Adhesives has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Saathi Adhesives was a private limited company based in Ahmedabad, Gujarat, India. The company worked in other chemical product, within the chemicals industry. It was incorporated on 16 August 2017 and is registered under CIN U24290GJ2017PTC098695. The company has been struck off by the Registrar of Companies and is no longer operational.
Saathi Adhesives had 3 directors:
- Pravinbhai Gopalbhai Shetty - Director
- Yunis Nooralibhai Bhimani - Director
- Ronak Ravindra Shete - Director
The CIN (Corporate Identification Number) of Saathi Adhesives is U24290GJ2017PTC098695. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Saathi Adhesives is at Shed No. 30 Ahmedabad Cotton Merchants Co – Op.Shop & Warehouse Soc. Ltd. Stovec Road Nidc, Lambha, Gujarat, India – 382405.
Saathi Adhesives was incorporated on 16 August 2017. It is registered with the Registrar of Companies, Ahmedabad.
The latest financial statements of Saathi Adhesives on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from FY 2018 are in the company report.
Saathi Adhesives operated in the chemicals industry, in the other chemical product segment. It worked in this industry before it was struck off.
Saathi Adhesives has 11 court cases on record: 11 filed against it. 10 are pending. Most are in the district courts.
Darshan Vinodrai Masrani ceased to be Director on 25 Apr 2019. Pravinbhai Gopalbhai Shetty was appointed as Director on 25 Apr 2019. Ronak Ravindra Shete was appointed as Director on 16 Aug 2017. Saathi Adhesives has 4 board changes on record in total.
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