Santigo Textile Mills Limited
About Santigo Textile Mills Limited
Data last updated:
Santigo Textile Mills Limited was a public limited company based in Thane, Maharashtra, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 25 October 1985.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U17100MH1985PLC037852. Its GSTIN is 27AAKCS2963D1Z8 (Maharashtra).
The company had an authorised share capital of ₹25 Lakh and a paid-up capital of ₹25 Lakh. It was formerly known as Santigo Textile Mills Private Limited. It was led by directors including Jitendra Singh Hada (Whole-Time Director) and Satish Kumar Mohanlal Khemka.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office was at Plot No.J – 197 MIDC Tarapurbolsar, Thane, Maharashtra, India – 401506.
As per the financials filed for FY 2024, the company reported a revenue of ₹11.99 Cr, a decline of 9% compared to the previous year. For the same year it recorded a net profit of ₹2 Cr (net margin 16.7%) and EBITDA of ₹3.61 Cr (EBITDA margin 30.1%). Revenue has grown at a compounded annual rate (CAGR) of 42% over three years and 15% over five years.
The company had about 121 employees on its provident fund (EPFO) records before it was dissolved.
The company was associated with 1 brand: Siyaram. As per MCA filings, the company had open charges of ₹52 Cr on record. Court records list 6 cases involving the company, including 5 filed by the company and 1 filed against it; 1 case is pending.
Company details
CIN history
Santigo Textile Mills has one previous CIN (Corporate Identification Number): U17100MH1985PTC037852. The current CIN is U17100MH1985PLC037852, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U17100MH1985PLC037852 | Current |
| U17100MH1985PTC037852 | Previous |
Contact details
Santigo Textile Mills Limited's registered office is in Thane, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot No.J – 197 MIDC Tarapurbolsar, Thane, Maharashtra, India – 401506
- IndustryHome & Lifestyle, Textile Retail & Distribution
To see the full contact details of Santigo Textile Mills 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
Santigo Textile Mills operates one associated brand: Siyaram. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Internet first brand of apparel for men | siyaram.com |
Business activity
The main business activity of Santigo Textile Mills is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Santigo Textile Mills Limited, buy the company report.
Financials of Santigo Textile Mills Limited
FY 2024 filings availableSantigo Textile Mills Limited reported revenue of ₹11.99 Cr (down 9% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 9% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 15%. EBITDA fell 14% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Total Expenses | |||||
| EBITDA | ₹3.61 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 30.1% | ||||
| Net Profit Margin | 16.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of Santigo Textile Mills Limited, buy the company report.
Board of directors of Santigo Textile Mills Limited
Santigo Textile Mills has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Satish Kumar Mohanlal Khemka Also directs: Adreet Agrawal Estate LLP | Director | 25 Oct 1985 | 41 Years 0 Months | As last reported |
| Jagdish Kumar Mohan Lal Khemka Also directs: GRL International Limited | Director | 25 Oct 1985 | 41 Years 0 Months | As last reported |
| Jitendra Singh Hada | Whole-Time Director | 01 Jul 2016 | 10 Years 4 Months | As last reported |
Peer comparison
Santigo Textile Mills Limited is compared with the 9 companies closest to it by revenue in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sober Graphics Private Limited | ₹12.01 Cr (FY 2024) | -14.0% | Noida, Uttar Pradesh, India | |||
| Jay Ambey Filament Private Limited | ₹12 Cr (FY 2025) | -59.0% | Surat, Gujarat, India | |||
| C. Roshni International Private Limited | ₹12 Cr (FY 2020) | -21.0% | Surat, Gujarat, India | |||
| J S Crafts Private Limited | ₹11.99 Cr (FY 2016) | 1139.0% | Delhi, India | |||
| Ever Green Fabric Process Private Limited | ₹11.99 Cr (FY 2024) | 1.0% | Tiruchengode, Tamil Nadu, India | |||
| Santigo Textile Mills Limitedthis company | ₹11.99 Cr (FY 2024) | ₹2 Cr | 16.7% | -9.0% | 121 | Thane, Maharashtra, India |
| Western Flock Pvt Ltd | ₹11.97 Cr (FY 2025) | 18.0% | Ahmedabad, Gujarat, India | |||
| Dalco Clothing Private Limited | ₹11.97 Cr (FY 2025) | 116.0% | Chandigarh, India | |||
| Kongu Weavers Producer Company Limited | ₹11.96 Cr (FY 2025) | -2.0% | Tiruchengode Namakkal, Tamil Nadu, India | |||
| Arvind Syntex Private Limited | ₹11.95 Cr (FY 2024) | -46.0% | Bhiwadi, Rajasthan, India |
To see the full peer comparison of Santigo Textile Mills Limited, buy the company report.
Auditor
Santigo Textile Mills Limited is audited by K.M.GARG & CO. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K.M.GARG & CO. | FY 2022 | 120712W |
Shareholding
The shareholding of Santigo Textile Mills Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Santigo Textile Mills Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Mar 2023 | 100710301 | Others | ₹23 Cr | Open | |
| 31 May 2021 | 100463671 | Others | ₹29 Cr | Open |
To see the full charge records of Santigo Textile Mills Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Santigo Textile Mills Limited has 6 court cases on record: 5 filed by Santigo Textile Mills, 1 filed against it. 1 case is pending and 5 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 0 | 0 |
| High courts | 1 | 1 | 1 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Writ petition | Filed against the company by an individual | Pending |
| NCLT, Mumbai | Court case (C.A.(CAA)) | Filed by the company | Disposed |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Review Appln. ULP) | Filed by the company against an individual | Disposed |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Reference IT) | Filed by the company against an individual | Disposed |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Ref.IDA) | Filed by the company against an individual | Disposed |
To see the full case history of Santigo Textile Mills 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 Santigo Textile Mills Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Santigo Textile Mills Limited has a workforce of 121 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Santigo Textile Mills has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAKCS2963D1Z8 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Santigo Textile Mills Limited, buy the company report.
Recent activity
Santigo Textile Mills Limited has 7 board changes on record since 1985: 3 appointments and 4 cessations. The latest: Asha Devi Poddar ceased to be Additional Director on 21 May 2024.
2 earlier events are in the company report.
Frequently asked questions
Santigo Textile Mills has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Santigo Textile Mills was a public limited company based in Thane, Maharashtra, India. The company worked in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 25 October 1985 and is registered under CIN U17100MH1985PLC037852. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Santigo Textile Mills was incorporated on 25 October 1985. It is registered with the Registrar of Companies, Mumbai.
Santigo Textile Mills had 3 directors:
- Jitendra Singh Hada - Whole-Time Director
- Satish Kumar Mohanlal Khemka - Director
- Jagdish Kumar Mohan Lal Khemka - Director
The CIN (Corporate Identification Number) of Santigo Textile Mills is U17100MH1985PLC037852. 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 Santigo Textile Mills is at Plot No.J – 197 MIDC Tarapurbolsar, Thane, Maharashtra, India – 401506.
The latest financial statements of Santigo Textile Mills on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Santigo Textile Mills is 27AAKCS2963D1Z8, registered in Maharashtra.
Santigo Textile Mills operated in the home and lifestyle industry, in the textile retail and distribution segment.
The peers of Santigo Textile Mills by revenue are Sober Graphics Private Limited, Jay Ambey Filament Private Limited, C. Roshni International Private Limited, J S Crafts Private Limited, Ever Green Fabric Process Private Limited and 4 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Santigo Textile Mills has 6 court cases on record: 5 filed by the company and 1 filed against it. 1 is pending. Most are in the district courts.
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