Siddarth Cotex Private Limited
About Siddarth Cotex Private Limited
Data last updated:
Siddarth Cotex Private Limited was a private limited company based in Sonepur, Odisha, 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 agricultural support services segment of the agriculture sector. It was incorporated on 27 August 2010.
The company was registered with the Registrar of Companies (ROC), Cuttack, under CIN U17121OR2010PTC012386. Its GSTIN is 21AAQCS4151D1ZM (Odisha).
The company had an authorised share capital of ₹25 Lakh and a paid-up capital of ₹15.8 Lakh. It was formerly known as Siddarth Paddy Processing Private Limited. It was led by directors Vishakha Rathi and Bhawani Shankar Rathi.
Its last annual general meeting (AGM) was held on 12 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office was at S. Kalapathar, Sonepur, Odisha, India – 767017.
As per the financials filed for FY 2022, the company reported a revenue of ₹76.85 Lakh, a growth of 144% compared to the previous year. For the same year it recorded a net loss of ₹56.97 Lakh (net margin -74.1%) and EBITDA of -₹56.71 Lakh (EBITDA margin -73.8%). Revenue has declined at a compounded annual rate (CAGR) of 51% over three years and 38% over five years.
The company had about 1 employee on its provident fund (EPFO) records before it was struck off.
As per MCA filings, the company had satisfied charges of ₹3.97 Cr on record.
Company details
CIN history
Siddarth Cotex has one previous CIN (Corporate Identification Number): U15310OR2010PTC012386. The current CIN is U17121OR2010PTC012386, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U17121OR2010PTC012386 | Current |
| U15310OR2010PTC012386 | Previous |
Contact details
Siddarth Cotex Private Limited's registered office is in Sonepur, Odisha. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressS. Kalapathar, Sonepur, Odisha, India – 767017
- IndustryAgriculture, Agricultural Support Services, Hunting
To see the full contact details of Siddarth Cotex Private 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 Siddarth Cotex is agriculture, forestry, fishing. In detail, this covers support activities to agriculture and other activities including hunting.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| A | Agriculture, forestry, fishing | A4 | Support activities to agriculture and Other Activities including hunting |
To see the full business activity and turnover split of Siddarth Cotex Private Limited, buy the company report.
Financials of Siddarth Cotex Private Limited
FY 2022 filings availableSiddarth Cotex Private Limited reported revenue of ₹76.85 Lakh (up 144% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue rose 144% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 38%. EBITDA fell 52% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | 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 | -₹56.71 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹56.97 Lakh | ||||
| 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -73.8% | ||||
| Net Profit Margin | -74.1% | ||||
| 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 Siddarth Cotex Private Limited, buy the company report.
Board of directors of Siddarth Cotex Private Limited
Siddarth Cotex has 2 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vishakha Rathi Also directs: Jagdeb Industries Private Limited | Director | 15 Nov 2019 | 6 Years 11 Months | As last reported |
| Bhawani Shankar Rathi | Director | 15 Nov 2019 | 6 Years 11 Months | As last reported |
Peer comparison
Siddarth Cotex Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (support activities to agriculture and other activities including hunting), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ramling Farmers Producer Company Limited | ₹77.17 Lakh (FY 2024) | -5.0% | Parner, Maharashtra, India | |||
| Maamangala Farmer Producer Company Limited | ₹76.99 Lakh (FY 2024) | 26.0% | Bargarh, Odisha, India | |||
| Narmada Self Reliant Farmers Producer Company Limited | ₹76.97 Lakh (FY 2025) | 17.0% | Mandla, Madhya Pradesh, India | |||
| Amritberya Agro Producer Company Limited | ₹76.95 Lakh (FY 2025) | 27.0% | Purba Midnapur, West Bengal, India | |||
| Bethlehem Farm Private Limited | ₹76.9 Lakh (FY 2019) | 1130.0% | Perumbavoor, Kerala, India | |||
| Siddarth Cotex Private Limitedthis company | ₹76.85 Lakh (FY 2022) | -₹56.97 Lakh | -74.1% | 144.0% | 1 | Sonepur, Odisha, India |
| Krishnagiri Mango Producer Company Limited | ₹76.83 Lakh (FY 2024) | 12.0% | Pochampalli, Tamil Nadu, India | |||
| NCC Narsinh Cotton Private Limited | ₹76.74 Lakh (FY 2025) | 5050.0% | Aurangabad, Maharashtra, India | |||
| P and S Agrovet Private Limited | ₹76.72 Lakh (FY 2025) | 113.0% | Thane, Maharashtra, India | |||
| Hridaysangam Farmers Producer Company Limited | ₹76.68 Lakh (FY 2025) | 603.0% | Midnapore, West Bengal, India | |||
| Samarthan Cotton Producer Company Limited | ₹76.65 Lakh (FY 2025) | 7.0% | Surendranagar, Gujarat, India |
To see the full peer comparison of Siddarth Cotex Private Limited, buy the company report.
Auditor
Siddarth Cotex Private Limited is audited by M.K.LATH & CO. for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M.K.LATH & CO. | FY 2017 | 325588E |
Shareholding
The shareholding of Siddarth Cotex Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Siddarth Cotex Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Dec 2011 | 10322937 | United Bank of India | ₹3.97 Cr | Satisfied |
To see the full charge records of Siddarth Cotex Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Siddarth Cotex Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Siddarth Cotex Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Siddarth Cotex Private Limited has a workforce of 1 employees on its EPFO records as of Mar 30, 2024, across 1 active EPFO establishment.
GST
Siddarth Cotex has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 21AAQCS4151D1ZM | Odisha | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Siddarth Cotex Private Limited, buy the company report.
Recent activity
Siddarth Cotex Private Limited has 11 board changes on record since 2011: 2 appointments and 9 cessations. The latest: Mohamad Siraj ceased to be Director on 16 Nov 2019.
5 earlier events are in the company report.
Frequently asked questions
Siddarth Cotex 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.
Siddarth Cotex was a private limited company based in Sonepur, Odisha, India. The company worked in agricultural support services, within the agriculture industry. It was incorporated on 27 August 2010 and is registered under CIN U17121OR2010PTC012386. The company has been struck off by the Registrar of Companies and is no longer operational.
Siddarth Cotex had 2 directors:
- Vishakha Rathi - Director
- Bhawani Shankar Rathi - Director
The CIN (Corporate Identification Number) of Siddarth Cotex is U17121OR2010PTC012386. 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 Siddarth Cotex is at S. Kalapathar, Sonepur, Odisha, India – 767017.
Siddarth Cotex was incorporated on 27 August 2010. It is registered with the Registrar of Companies, Cuttack.
The latest financial statements of Siddarth Cotex on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 12 September 2022. Year-wise statements from 2015 are in the company report.
The GSTIN of Siddarth Cotex is 21AAQCS4151D1ZM, registered in Odisha.
Siddarth Cotex operated in the agriculture industry, in the agricultural support services segment. It worked in this industry before it was struck off.
The peers of Siddarth Cotex by revenue are Ramling Farmers Producer Company Limited, Maamangala Farmer Producer Company Limited, Narmada Self Reliant Farmers Producer Company Limited, Amritberya Agro Producer Company Limited, Bethlehem Farm Private Limited and 5 more, all in the same principal business activity (support activities to agriculture and other activities including hunting).
Mohamad Siraj ceased to be Director on 16 Nov 2019. Rijwana Bano ceased to be Director on 16 Nov 2019. Bhawani Shankar Rathi was appointed as Director on 15 Nov 2019. Siddarth Cotex has 11 board changes on record in total.