Shreeniwas Cotton Mills Limited
About Shreeniwas Cotton Mills Limited
Data last updated:
Shreeniwas Cotton Mills Limited was a public limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Adinath Builders Private Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 05 February 1935.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U70104MH1935PLC002249. Its GSTIN is 27AAICS9416R1ZF (Maharashtra).
The company had an authorised share capital of ₹208.1 Cr and a paid-up capital of ₹198.62 Cr. It was led by directors including Shruti Goyal (Managing Director) and Vinod Panalal Shah.
Its last annual general meeting (AGM) was held on 24 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at Mumbai, Maharashtra.
As per the financials filed for FY 2018, the company reported a revenue of ₹830.18 Cr, a growth of 4% compared to the previous year. For the same year it recorded a net profit of ₹33.97 Cr (net margin 4.1%) and EBITDA of ₹82.27 Cr (EBITDA margin 9.9%). Revenue has declined at a compounded annual rate (CAGR) of 1% over three years.
The company had about 16 employees on its provident fund (EPFO) records before it was dissolved.
As per MCA filings, the company had satisfied charges of ₹3,099.24 Cr on record. Court records list 117 cases involving the company, including 21 filed by the company and 96 filed against it; 21 cases are pending. The company has 4 deals on record (2 secondary share transfers, 1 acquisition, 1 rights issue); the latest was in September 2018. Its 5 peer companies in the Real Estate industry (Builders and Developers, Cotton), with the same principal business activity (buildings) are compared by revenue, 3 larger and 2 smaller; the largest is Vilas Javdekar Infinitee Developers Private Limited with revenue of ₹851.1 Cr.
Company details
CIN history
Shreeniwas Cotton Mills has one previous CIN (Corporate Identification Number): U99999MH1935PLC002249. The current CIN is U70104MH1935PLC002249, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U70104MH1935PLC002249 | Current |
| U99999MH1935PLC002249 | Previous |
Contact details
Shreeniwas Cotton Mills Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address412 Floor – 4 17G Vardhaman Chamber Cawasji Patel Road Horniman Circle For, T, Mumbai, Maharashtra, India – 400001
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Shreeniwas Cotton 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
Business activity
The main business activity of Shreeniwas Cotton Mills is construction. In detail, this covers buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings |
To see the full business activity and turnover split of Shreeniwas Cotton Mills Limited, buy the company report.
Financials of Shreeniwas Cotton Mills Limited
FY 2018 filings availableShreeniwas Cotton Mills Limited reported revenue of ₹830.18 Cr (up 4% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue rose 4% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 1%. EBITDA fell 74% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹830.18 Cr | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹82.27 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹33.97 Cr | |||
| 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 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 9.9% | |||
| Net Profit Margin | 4.1% | |||
| 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 Shreeniwas Cotton Mills Limited, buy the company report.
Board of directors and KMP of Shreeniwas Cotton Mills Limited
Shreeniwas Cotton Mills Limited currently reports 4 directors and 2 key managerial personnel. 36 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kavuseri Narayanswami Swaminathan | Cfo | 10 Jul 2018 | 8 Years 3 Months | As last reported |
| Vinod Panalal Shah Also directs: Payvin Services Limited Liability Partnership, C View Trading LLP, National Standard (India) Limited and 3 more | Director | 02 Feb 2017 | 9 Years 9 Months | As last reported |
| Sanjyot Rangnekar Nilesh Also directs: Sanathnagar Enterprises Limited, Roselabs Finance Limited, Siddhivinayak Realties Private Limited and 5 more | Company Secretary | 21 Nov 2016 | 9 Years 11 Months | As last reported |
| Rameshchandra Chechani Also directs: Sanathnagar Enterprises Limited, One Box Warehouse Private Limited, Janus Logistics and Industrial Parks Private Limited and 1 more | Director | 01 Sep 2015 | 11 Years 2 Months | As last reported |
| Bhushan Vipinchandra Shah Also directs: National Standard (India) Limited | Director | 06 Jul 2016 | 10 Years 4 Months | As last reported |
| Shruti Goyal | Managing Director | 10 Jul 2018 | 8 Years 3 Months | As last reported |
Peer comparison
Shreeniwas Cotton Mills Limited is compared with the 5 companies closest to it by revenue in the Real Estate industry (Builders and Developers, Cotton), with the same principal business activity (buildings), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Vilas Javdekar Infinitee Developers Private Limited | ₹851.1 Cr (FY 2025) | 60.0% | Pune, Maharashtra, India | |||
| Krisumi Corporation Private Limited | ₹849.22 Cr (FY 2025) | 22148.0% | Gurgaon, Haryana, India | |||
| Skylark Buildcon Private Limited | ₹837.51 Cr (FY 2024) | -87.0% | Mumbai, Maharashtra, India | |||
| Shreeniwas Cotton Mills Limitedthis company | ₹830.18 Cr (FY 2018) | ₹33.97 Cr | 4.1% | 4.0% | Mumbai, Maharashtra, India | |
| TCC Construction Private Limited | ₹826.81 Cr (FY 2025) | 71.0% | Mumbai, Maharashtra, India | |||
| City Corporation Limited | ₹817.55 Cr (FY 2025) | 33.0% | Pune, Maharashtra, India |
To see the full peer comparison of Shreeniwas Cotton Mills Limited, buy the company report.
Auditor
Shreeniwas Cotton Mills Limited is audited by M S K A & ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M S K A & ASSOCIATES | FY 2018 | 105047W |
Shareholding
The shareholding of Shreeniwas Cotton Mills Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Shreeniwas Cotton Mills Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 Mar 2017 | 100109347 | Idbi Trusteeship Services Limited | ₹1,835 Cr | Satisfied | |
| 29 Aug 2016 | 100051557 | Idbi Trusteeship Services Limited | ₹1,100 Cr | Satisfied | |
| 27 Sep 2013 | 10451470 | Stci Finance Limited | ₹60 Cr | Satisfied | |
| 03 Apr 2013 | 10422076 | Pnb Housing Finance Limited | ₹14.24 Cr | Satisfied | |
| 24 Sep 2010 | 10253021 | Punjab & Sind Bank | ₹90 Cr | Satisfied |
To see the full charge records of Shreeniwas Cotton Mills Limited, buy the company report.
Total charge records: 5 View all charges
Deals & funding
Shreeniwas Cotton Mills Limited has 4 deals on record (2 secondary share transfers, 1 acquisition, 1 rights issue); the latest was in September 2018.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2018 | Secondary share transfer | Undisclosed | Buyer: Others Shreeniwas Cotton Mills Limited Seller: Adinath Builders Private Limited & Lodha Developers Thane Private Limited, 3 individuals |
| Dec 2017 | Rights issue | ₹188.72 Cr | Investors: Adinath Builders Private Limited , Adinath Builders Private Limited & Palava Dwellers Private Limited, 2 individuals |
| Sep 2010 | Secondary share transfer | Undisclosed | Buyer: Adinath Builders Private Limited , Lodha Builders Private Limited , Didwana Industrial Corporation Limited Seller: Others Shreeniwas Cotton Mills Limited, Campbell Mauritius Limited, 2 individuals |
| Sep 2009 | Acquisition | ₹176 Cr | Buyer: Adinath Builders Private Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Shreeniwas Cotton Mills Limited has 117 court cases on record: 21 filed by Shreeniwas Cotton Mills, 96 filed against it. 21 cases are pending and 96 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 59 | 43 | 12 |
| District courts | 55 | 52 | 8 |
| Supreme Court | 3 | 1 | 1 |
Cases on record (5 of 117)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, MAHARASHTRA | Writ petition | Filed against the company by M/S. Rukmini Beverages Pvt. Ltd Through Director K.K.Kalani | Disposed |
| High Court, MAHARASHTRA | Court case (EXA) | Filed against the company by Lifestyle Holdings and Properties Pvt Ltd | Disposed |
| Bombay High Court | Interim or miscellaneous application | Filed against the company by Lifestyle Holdings and Properties Pvt Ltd | Disposed |
| Bombay High Court | Writ petition | Filed against the company by Manvi Computech Pvt.Ltd. | Disposed |
| Bombay High Court | Arbitration matter | Filed against the company by Lifestyle Holdings and Properties Private Limited | Disposed |
To see the full case history of Shreeniwas Cotton 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.
Credit ratings & regulatory alerts
Shreeniwas Cotton Mills Limited was last rated by Brickwork on 10 Jun 2019.
| Rating agency | Rated on | Rating |
|---|---|---|
| Brickwork | 10 Jun 2019 |
To see the full credit ratings and regulatory alerts of Shreeniwas Cotton Mills Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Shreeniwas Cotton Mills Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Shreeniwas Cotton Mills has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAICS9416R1ZF | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Shreeniwas Cotton Mills Limited, buy the company report.
Recent activity
Shreeniwas Cotton Mills Limited has 41 board changes on record since 2009: 6 appointments and 35 cessations. The latest: Purnima Vikramprasad Pavle ceased to be Director on 09 Apr 2019.
45 earlier events are in the company report.
Frequently asked questions
Shreeniwas Cotton 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.
Shreeniwas Cotton Mills was a public limited company based in Mumbai, Maharashtra, India. The company worked in real estate builders and developers, within the real estate and construction industry. It was incorporated on 05 February 1935 and is registered under CIN U70104MH1935PLC002249. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Shreeniwas Cotton Mills was incorporated on 05 February 1935. It is registered with the Registrar of Companies, Mumbai.
Shreeniwas Cotton Mills had 6 directors and KMP:
- Shruti Goyal - Managing Director
- Vinod Panalal Shah - Director
- Rameshchandra Chechani - Director
- Bhushan Vipinchandra Shah - Director
- Kavuseri Narayanswami Swaminathan - Cfo
- Sanjyot Rangnekar Nilesh - Company Secretary
The CIN (Corporate Identification Number) of Shreeniwas Cotton Mills is U70104MH1935PLC002249. 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 Shreeniwas Cotton Mills is at 412 Floor – 4 17G Vardhaman Chamber Cawasji Patel Road Horniman Circle For, T, Mumbai, Maharashtra, India – 400001.
The latest financial statements of Shreeniwas Cotton Mills on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 24 September 2018. Year-wise statements from 2015 are in the company report.
The GSTIN of Shreeniwas Cotton Mills is 27AAICS9416R1ZF, registered in Maharashtra.
Shreeniwas Cotton Mills operated in the real estate and construction industry, in the real estate builders and developers segment.
Shreeniwas Cotton Mills has 4 deals on record (2 secondary share transfers, 1 acquisition, 1 rights issue); the latest was in September 2018.
The peers of Shreeniwas Cotton Mills by revenue are Vilas Javdekar Infinitee Developers Private Limited, Krisumi Corporation Private Limited, Skylark Buildcon Private Limited, TCC Construction Private Limited, City Corporation Limited, all in the Real Estate industry (Builders and Developers, Cotton), with the same principal business activity (buildings).
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