About Saidpur Jute Co. Ltd
Data last updated:
Saidpur Jute Co. Ltd is a public limited company based in Mumbai, Maharashtra, India. It operates in the power transmission and distribution services segment of the energy and power sector. It was incorporated on 19 June 1945 and has been in existence for over 81 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L40102MH1945PLC175694. Its GSTIN is 27AAHCS0816Q1ZW (Maharashtra). It is a listed company as per MCA records.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹48.1 Lakh. It is led by directors including Ramadevi Tantia (Whole-Time Director) and Avinash Tantia (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Bharat Insurance Building 15 – A Horniman Circle Fort, Mumbai, Maharashtra, India – 400023.
As per the financials filed for FY 2023, the company reported a revenue of ₹1.7 Cr, a decline of 24% compared to the previous year. For the same year it recorded a net profit of ₹43.94 Lakh (net margin 25.8%) and EBITDA of ₹94.1 Lakh (EBITDA margin 55.3%). Revenue has declined at a compounded annual rate (CAGR) of 12% over three years and 9% over five years.
As per MCA filings, the company has open charges of ₹48 Cr and satisfied charges of ₹5.01 Cr on record. Court records list 25 cases involving the company, including 10 filed by the company and 15 filed against it; 3 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website saidpurpower.com.
Company details
CIN history
Saidpur Jute Co has 3 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L40102MH1945PLC175694, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L40102MH1945PLC175694 | Current |
| U40102MH1945PLC175694 | Previous |
| U40102MH1945PTC175694 | Previous |
| U15312MH1945PTC175694 | Previous |
Contact details
Saidpur Jute Co. Ltd's registered office is in Mumbai, Maharashtra. Its website is saidpurpower.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressBharat Insurance Building 15 – A Horniman Circle Fort, Mumbai, Maharashtra, India – 400023
- IndustryEnergy and Power, Power Transmission & Distribution Services
To see the full contact details of Saidpur Jute Co. Ltd, 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 activities of Saidpur Jute Co are real estate and electricity, gas, steam and air condition supply. In detail, this covers real estate activities on fee or contract basis and electric power generation, transmission and distribution. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L2 | Real estate activities on fee or contract basis | |
| D | Electricity, gas, steam and air condition supply | D1 | Electric power generation, transmission and distribution |
To see the full business activity and turnover split of Saidpur Jute Co. Ltd, buy the company report.
Financials of Saidpur Jute Co. Ltd
FY 2023 filings availableSaidpur Jute Co. Ltd reported revenue of ₹1.7 Cr (down 24% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 9% over five years, including a 24% fall in the latest year. EBITDA fell 30% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹1.7 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹94.1 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹43.94 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
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| Inventories | |||||
| Trade Receivables | |||||
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| Total Assets | |||||
Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 55.3% | ||||
| Net Profit Margin | 25.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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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 Saidpur Jute Co. Ltd, buy the company report.
Board of directors of Saidpur Jute Co. Ltd
Saidpur Jute Co has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramadevi Tantia | Whole-Time Director | 06 Jan 1988 | 38 Years 10 Months | Current |
| Avinash Tantia Also directs: Kayan Solar LLP, Power Genesys Energy Solutions Private Limited, PGPL Solar Project Private Limited and 4 more | Whole-Time Director | 20 Jan 1997 | 29 Years 9 Months | Current |
| Aditi Avinash Tantia Also directs: Kayan Solar LLP, Power Genesys Energy Solutions Private Limited, PGPL Solar Project Private Limited and 1 more | Director | 07 Jul 2014 | 12 Years 4 Months | Current |
Auditor
Saidpur Jute Co. Ltd is audited by Desai & Seksaria for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Desai & Seksaria | FY 2023 | 102277W |
Shareholding
The shareholding of Saidpur Jute Co. Ltd 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 Saidpur Jute Co. Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Feb 2026 | 101247556 | Hdfc Bank Limited | ₹20 Cr | Open | |
| 14 Feb 2026 | 101247557 | Hdfc Bank Limited | ₹20 Cr | Open | |
| 17 Aug 2024 | 100965624 | Hdfc Bank Limited | ₹8 Cr | Open | |
| 13 Nov 2013 | 10464239 | Hdfc Bank Limited | ₹4.01 Cr | Satisfied | |
| 06 Nov 2013 | 10465443 | Hdfc Bank Limited | ₹1 Cr | Satisfied |
To see the full charge records of Saidpur Jute Co. Ltd, buy the company report.
Total charge records: 5 View all charges
Legal cases
Saidpur Jute Co. Ltd has 25 court cases on record: 10 filed by Saidpur Jute Co, 15 filed against it. 3 cases are pending and 22 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 16 | 6 | 2 |
| High courts | 6 | 6 | 0 |
| Supreme Court | 3 | 3 | 1 |
Cases on record (5 of 25)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (4101-Rent Control and Public Premises (Eviction) Act : State Rent Control Act, rent disputes and eviction) | Filed against the company by National Cooperative Consumers Federation of India Limited | Pending |
| High Court, MAHARASHTRA | Appeal | Filed against the company by M/S. Mangla International Pvt. Ltd. and 5 others | Disposed |
| District court, Mumbai Small Causes Court, Maharashtra | Court case (Revision) | Filed against the company by Messers Mangla International Pvt Ltd and 4 others | Disposed |
| District court, Mumbai Small Causes Court, Maharashtra | Court case (RAE) | Filed by the company against Ms Marvey Beach Realtors P. Ltd and 7 others | Disposed |
| District court, Mumbai Small Causes Court, Maharashtra | Court case (Exe.Appln.) | Filed by the company against M/S National Co Operative Consumers Federation of India Ltd | Pending |
To see the full case history of Saidpur Jute Co. Ltd, 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 Saidpur Jute Co. Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Saidpur Jute Co has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAHCS0816Q1ZW | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Saidpur Jute Co. Ltd, buy the company report.
Recent activity
Saidpur Jute Co. Ltd has 7 board changes on record since 1981: 5 appointments and 2 cessations. The latest: Aditi Avinash Tantia was appointed as Director on 07 Jul 2014.
5 earlier events are in the company report.
Frequently asked questions
Saidpur Jute Co is an active public limited company based in Mumbai, Maharashtra, India. The company works in power transmission and distribution services, within the energy and power industry. It was incorporated on 19 June 1945 (81+ years old) and is registered under CIN L40102MH1945PLC175694.
Saidpur Jute Co has 3 current directors:
- Ramadevi Tantia - Whole-Time Director
- Avinash Tantia - Whole-Time Director
- Aditi Avinash Tantia - Director
The latest financial statements of Saidpur Jute Co on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Saidpur Jute Co is 27AAHCS0816Q1ZW, registered in Maharashtra.
The CIN (Corporate Identification Number) of Saidpur Jute Co is L40102MH1945PLC175694. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Saidpur Jute Co is a listed company as per MCA records.
Saidpur Jute Co has 25 court cases on record: 10 filed by the company and 15 filed against it. 3 are pending. Most are in the district courts.
Saidpur Jute Co was incorporated on 19 June 1945, making it 81+ years old. It is registered with the Registrar of Companies, Mumbai.
Aditi Avinash Tantia was appointed as Director on 07 Jul 2014. Krishnakumar Gangadhar Agrawal ceased to be Director on 07 Jul 2014. Nandlal Tantia ceased to be Whole-Time Director on 26 Mar 2013. Saidpur Jute Co has 7 board changes on record in total.
Saidpur Jute Co can be reached through the website saidpurpower.com. Its registered office is in Mumbai, Maharashtra, India.
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