About Siddharth Infra Tech Private Limited
Data last updated:
Siddharth Infra Tech Private Limited is a private limited company based in Jalgaon, Maharashtra, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the general infrastructure services segment of the infrastructure and utilities sector. It was incorporated on 29 June 2009.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45200MH2009PTC193616. Its GSTIN is 27AANCS1550K1Z1 (Maharashtra). The company holds 6 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.75 Cr. It is led by directors Sunil Manakchand Kotecha (Managing Director) and Vijay Shankarsinh Raghuwanshi.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at 47 Ramdas Colony Sagar Park Area, Jalgaon, Maharashtra, India – 425001.
As per the financials filed for FY 2018, the company reported a revenue of ₹6.96 Cr, a decline of 76% compared to the previous year. For the same year it recorded a net loss of ₹18.19 Cr (net margin -261.3%) and EBITDA of -₹12.51 Cr (EBITDA margin -179.7%). Revenue has declined at a compounded annual rate (CAGR) of 47% over three years.
The company has about 2 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹33.22 Cr and satisfied charges of ₹33 Cr on record. Court records list 29 cases involving the company, including 13 filed by the company and 16 filed against it; 9 cases are pending.
The last known website on record is sinfra.co.in.
Company details
Contact details
Siddharth Infra Tech Private Limited's registered office is in Jalgaon, Maharashtra. Its website is sinfra.co.in. Its e-mail address is in the company report.
- Email
- Website
- Registered Address47 Ramdas Colony Sagar Park Area, Jalgaon, Maharashtra, India – 425001
- IndustryInfrastructure and Utilities, General Infrastructure Services
To see the full contact details of Siddharth Infra Tech 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 Siddharth Infra Tech 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 Siddharth Infra Tech Private Limited, buy the company report.
Financials of Siddharth Infra Tech Private Limited
FY 2018 filings availableSiddharth Infra Tech Private Limited reported revenue of ₹6.96 Cr (down 76% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 47% over three years, including a 76% fall in the latest year. EBITDA fell 231% 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 | ₹6.96 Cr | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | -₹12.51 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹18.19 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 | -179.7% | |||
| Net Profit Margin | -261.3% | |||
| 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 Siddharth Infra Tech Private Limited, buy the company report.
Board of directors of Siddharth Infra Tech Private Limited
Siddharth Infra Tech has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sunil Manakchand Kotecha | Managing Director | 29 Jun 2009 | 17 Years 3 Months | As last reported |
| Vijay Shankarsinh Raghuwanshi | Director | 31 Aug 2015 | 11 Years 1 Months | As last reported |
Auditor
Siddharth Infra Tech Private Limited is audited by S S LODHA & ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S S LODHA & ASSOCIATES | FY 2018 | 105643W |
Shareholding
The shareholding of Siddharth Infra Tech Private 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 Siddharth Infra Tech Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Mar 2014 | 10493885 | Canara Bank | ₹33.22 Cr | Open | |
| 23 May 2012 | 10363099 | Bank of Maharashtra | ₹3 Cr | Satisfied | |
| 18 Jan 2010 | 10199570 | Icici Bank Limited | ₹30 Cr | Satisfied |
To see the full charge records of Siddharth Infra Tech Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Siddharth Infra Tech Private Limited has 29 court cases on record: 13 filed by Siddharth Infra Tech, 16 filed against it. 9 cases are pending and 20 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 22 | 12 | 6 |
| District courts | 5 | 4 | 3 |
| Supreme Court | 2 | 0 | 0 |
Cases on record (5 of 29)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Jalgaon, Maharashtra | Court case (Sum.Civ.Suit) | Filed against the company by Jain Irrigation Systems Ltd Through Kailas Nagola Agrawal | Pending |
| District court, Jalgaon, Maharashtra | Civil suit | Filed against the company by Jain Irrigation Systems Ltd | Pending |
| Bombay High Court | Court case (ALP) | Filed against the company by M/S. B.N.C. Power Projects Ltd., Through Its Chairman and M.D., Girish S/O. Bhagwat Chaudhari | Pending |
| Supreme Court | Court case (2808-Mercantile Laws, Commercial Transactions Including Banking : Others) | Filed by the company against Mahavir Civil Engineering and Services Pvt. Ltd. Director Dilip Vijay Kumar Kotecha 131, Khandesh Mill Shopping Complex, Railway Station Road, Jalgaon 425001 , , Other and 2 others | Disposed |
| Supreme Court | Court case (1001-Company Law, Mrtp, Trai, Sebi, Idrai & Rbi : Matters relating to winding up) | Filed by the company against Mahavir Civil Engineering and Services Pvt. Ltd Through Its Authorised Signatory Through Its Authorised Signatory 131, Khandesh Mill Shopping Complex, Railway Station Road, Jalgaon ,Jalgaon , Maharashtra and 2 others | Disposed |
To see the full case history of Siddharth Infra Tech Private 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 Siddharth Infra Tech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Siddharth Infra Tech Private Limited has a workforce of 2 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
GST
Siddharth Infra Tech has 6 GST registrations: 3 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AANCS1550K1Z1 | Maharashtra | Active | 01 Jul 2017 |
| 24AANCS1550K1Z7 | Gujarat | Active | 01 Jul 2017 |
| 29AANCS1550K1ZX | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Siddharth Infra Tech Private Limited, buy the company report.
Recent activity
Siddharth Infra Tech Private Limited has 5 board changes on record since 2009: 2 appointments and 3 cessations. The latest: Madhuri Sunil Kotecha ceased to be Director on 16 Jul 2018.
3 earlier events are in the company report.
Frequently asked questions
Siddharth Infra Tech is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Siddharth Infra Tech is a company under liquidation, formerly operating as a private limited company based in Jalgaon, Maharashtra, India. The company works in general infrastructure services, within the infrastructure and utilities industry. It was incorporated on 29 June 2009 and is registered under CIN U45200MH2009PTC193616. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Siddharth Infra Tech has 2 current directors:
- Sunil Manakchand Kotecha - Managing Director
- Vijay Shankarsinh Raghuwanshi - Director
The latest financial statements of Siddharth Infra Tech on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Siddharth Infra Tech is U45200MH2009PTC193616. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Siddharth Infra Tech has open charges of ₹33.22 Cr and satisfied charges of ₹33 Cr as per latest MCA filings.
Siddharth Infra Tech has 29 court cases on record: 13 filed by the company and 16 filed against it. 9 are pending. Most are in the high courts.
Siddharth Infra Tech was incorporated on 29 June 2009. It is registered with the Registrar of Companies, Mumbai.
Madhuri Sunil Kotecha ceased to be Director on 16 Jul 2018. Manakchand Kapurchand Kotecha ceased to be Director on 16 Jul 2018. Sunil Manakchand Kotecha ceased to be Director on 11 Jun 2016. Siddharth Infra Tech has 5 board changes on record in total.
Siddharth Infra Tech can be reached through the website sinfra.co.in. Its registered office is in Jalgaon, Maharashtra, India.