About Serene Industries Limited
Data last updated:
Serene Industries Limited is a public limited company based in Chiplun, Maharashtra, India. It operates in the dyes and pigments segment of the chemicals and materials sector. It was incorporated on 24 July 1970 and has been in existence for over 56 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN L24114MH1970PLC014722. The company has 1 GST registration on record, which is no longer active. It is a listed company.
The company has an authorised share capital of ₹100 Cr and a paid-up capital of ₹26.81 Cr. It was formerly known as J. N. Kanth Chemicals & Dye Stuff Private Limited. It is led by directors including Ajay Jitendra Sarvaiya and Rajesh Jitendra Sarvaiya.
Its last annual general meeting (AGM) was held on 28 December 2011, and its latest financial statements are for the year ended 30 June 2011. The registered office is at Plot No B – 1/2 And B – 1/3/1 Midclote Parshuram Tal Khed Near Chiplun Dist Ratragiri, Maharashtra, India.
As per MCA filings, the company has open charges of ₹10 Cr on record. Court records list 124 cases involving the company, including 16 filed by the company and 108 filed against it; 21 cases are pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website sereneindustries.com.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressPlot No B – 1/2 And B – 1/3/1 Midclote Parshuram Tal Khed Near Chiplun Dist Ratragiri, Maharashtra, India
- IndustryChemicals and Materials, Dyes & Pigments, Colorants
- 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
- One PDF report, delivered after checkout
Financials of Serene Industries Limited
FY 2011 filings availableFinancial Statement Summary
| Metrics | FY 2010-11 |
|---|---|
| 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 | •••• |
| Profit Before Tax | •••• |
| Tax Expense | •••• |
| Net Profit (PAT) | •••• |
| 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 2010-11 |
|---|---|
| Profitability | |
| EBITDA Margin | •••• |
| Net Profit Margin | •••• |
| 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 | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Serene Industries are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Board of Directors of Serene Industries Limited
Serene Industries has 5 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ajay Jitendra Sarvaiya Also directs: J N Kanth Dyechem Private Limited | Director | 01 Jan 2011 | 15 Years 9 Months | Current |
| Rajesh Jitendra Sarvaiya Also directs: J N Kanth Dyechem Private Limited | Director | 23 Sep 1982 | 44 Years 0 Months | Current |
| Suniel Bhardwaj Also directs: Ayodhya Mahaprasad Private Limited, Wits Construction Private Limited, Confluence Telecom Private Limited and 1 more | Additional Director | 27 May 2022 | 4 Years 4 Months | Current |
| Mahesh Ramanlal Sheth | Director | 14 Nov 1998 | 27 Years 11 Months | Current |
| Jayantilal Maganlal Mistry | Director | 14 Nov 1998 | 27 Years 11 Months | Current |
Charges & Borrowings
| Date | Lender | Amount | Status |
|---|---|---|---|
| 14 Aug 1997 | Sicom Limited | ₹5 Cr | Open |
| 21 Mar 1996 | Kotak Mahindra Bank Ltd | ₹5 Cr | Open |
Total charge records: 2 View all charges
Legal Cases
Serene Industries Limited has 124 court cases on record: 16 filed by Serene Industries, 108 filed against it. 21 cases are pending and 103 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 71 | 67 | 7 |
| High courts | 50 | 41 | 14 |
| Supreme Court | 3 | 0 | 0 |
Cases on record (5 of 124)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Gujarat | Special civil application | Filed against the company by M/S Kasyap Sweetners Pvt. Ltd. | Pending |
| District court, Vadodara, Gujarat | Criminal complaint | Filed against the company by Kotak Mahindra Prime Ltd. - Authorized Person Pritish Rajarshibhai Adhvaryu | Disposed |
| District court, Vadodara, Gujarat | Criminal complaint | Filed against the company by Kotak Mahindra Prime Ltd. - Authorized Person Pritish Rajarshibhai Adhvaryu | Disposed |
| District court, Vadodara, Gujarat | Criminal miscellaneous application | Filed against the company by Kotak Mahindra Prime Ltd. - Authorized Person Pritish Rajarshibhai Adhvaryu | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (CRI M A) | Filed by the company against M/S. Pankaj Shawls Pvt. Ltd. and the State of Maharashtra - Respondent | Disposed |
: available in 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.
Employees and EPFO Compliance
Employment history and EPFO contributions of people linked to Serene Industries.
: available in the company report
Recent Activity
Serene Industries Limited has 9 board changes on record since 1982: 6 appointments and 3 cessations. The latest: Suniel Bhardwaj was appointed as Additional Director on 27 May 2022.
3 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts
: available in the company report
MSME Payment Delays
: available in the company report
Subsidiaries & Group Companies
: available in the company report
GST Compliance
Serene Industries has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
: available in the company report
MCA Filings & Documents
: available in the company report
Frequently Asked Questions
Serene Industries is an active public limited company based in Chiplun, Maharashtra, India. The company works in dyes and pigments, within the chemicals and materials industry. It was incorporated on 24 July 1970 (56+ years old) and is registered under CIN L24114MH1970PLC014722.
Serene Industries has 5 current directors:
- Ajay Jitendra Sarvaiya - Director
- Rajesh Jitendra Sarvaiya - Director
- Suniel Bhardwaj - Additional Director
- Mahesh Ramanlal Sheth - Director
- Jayantilal Maganlal Mistry - Director
The latest financial statements of Serene Industries on record with the MCA are for the year ended 30 June 2011. Its last annual general meeting was held on 28 December 2011. Year-wise statements from 2015 are in the company report.
No. Serene Industries has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Serene Industries is L24114MH1970PLC014722. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes, Serene Industries is a listed company.
Serene Industries has 124 court cases on record: 16 filed by the company and 108 filed against it. 21 are pending. Most are in the district courts.
Serene Industries was incorporated on 24 July 1970, making it 56+ years old. It is registered with the Registrar of Companies, Pune.
Suniel Bhardwaj was appointed as Additional Director on 27 May 2022. Diljeet Lauhka ceased to be Director on 20 May 2022. Jayantilal Maganlal Mistry ceased to be Director on 14 Feb 2013. Serene Industries has 9 board changes on record in total.
Serene Industries can be reached through the website sereneindustries.com. Its registered office is in Chiplun, Maharashtra, India.