- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-18-0013633

About Siddharth Material Handling Private Limited
Data last updated:
Siddharth Material Handling Private Limited is a private limited company based in Navi Mumbai, Maharashtra, India. It operates in the heavy engineering and manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 25 January 1988 and has been in existence for over 38 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U29150MH1988PTC045993. Its GSTIN is 27AADCS1686E1ZB (Maharashtra).
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹13.85 Lakh. It is led by directors Vijaykumar Sahebram Madan (Managing Director) and Rajani Vijaykumar Madan.
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 is at Navi Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.18 Cr, a decline of 62% compared to the previous year. For the same year it recorded a net loss of ₹2,620 (net margin 0%) and EBITDA of ₹1.3 Lakh (EBITDA margin 1.1%). Revenue has declined at a compounded annual rate (CAGR) of 17% over three years and 4% over five years.
As per MCA filings, the company has open charges of ₹5.15 Cr and satisfied charges of ₹61.75 Lakh on record.
Siddharth Material Handling Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0013633). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website siddharthcrane.com.
Company details
Recognitions & Rankings of Siddharth Material Handling
Contact details
Siddharth Material Handling Private Limited's registered office is in Navi Mumbai, Maharashtra. Its website is siddharthcrane.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No. R 667 Ttc Industrial Area, MIDC Road Near Vistain Hotel Ghansoli, Navi Mumbai, Maharashtra, India – 400701
- IndustryMachinery and Equipment, Heavy Engineering & Manufacturing
To see the full contact details of Siddharth Material Handling 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 Material Handling is manufacturing. In detail, this covers manufacture of machinery and equipment n.e.c..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 28 | Manufacture of machinery and equipment n.e.c. |
To see the full business activity and turnover split of Siddharth Material Handling Private Limited, buy the company report.
Financials of Siddharth Material Handling Private Limited
FY 2024 filings availableSiddharth Material Handling Private Limited reported revenue of ₹1.18 Cr (down 62% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 4% over five years, including a 62% fall in the latest year. EBITDA fell 98% 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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| EBITDA | ₹1.3 Lakh | ||||
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| Net Profit (PAT) | -₹2,620 | ||||
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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 | 1.1% | ||||
| Net Profit Margin | 0% | ||||
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To see the full financial statements and ratios of Siddharth Material Handling Private Limited, buy the company report.
Board of directors of Siddharth Material Handling Private Limited
Siddharth Material Handling has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajani Vijaykumar Madan | Director | 21 Sep 1993 | 33 Years 1 Months | Current |
| Vijaykumar Sahebram Madan | Managing Director | 25 Jan 1988 | 38 Years 9 Months | Current |
Auditor
Siddharth Material Handling Private Limited is audited by P.G. KANVINDE & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P.G. KANVINDE & ASSOCIATES | FY 2022 | 101232 |
Shareholding
The shareholding of Siddharth Material Handling Private 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 Siddharth Material Handling Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Jan 2008 | 10092596 | Punjab National Bank | ₹1 Cr | Open | |
| 27 Jul 2007 | 10072659 | Punjab National Bank | ₹6 Lakh | Open | |
| 03 Mar 1994 | 90222299 | Punjab National Bank | ₹8.5 Lakh | Open | |
| 03 Mar 1994 | 90235600 | Punjab National Bank | ₹4 Cr | Open | |
| 12 Nov 1993 | 90222249 | Maharashtra State Financial Corporation | ₹35.3 Lakh | Satisfied |
To see the full charge records of Siddharth Material Handling Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
No court or tribunal cases involving Siddharth Material Handling 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
Siddharth Material Handling Private Limited has 3 MSME Form 1 returns on record between 2021 and 2023, listing 15 overdue payments to 2 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Speed-O-Controls Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Siddharth Material Handling Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Siddharth Material Handling has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCS1686E1ZB | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Siddharth Material Handling Private Limited, buy the company report.
Recent activity
Siddharth Material Handling Private Limited has 3 board changes on record since 1988: 2 appointments and 1 cessation. The latest: Venkatraman Sampemane ceased to be Director on 25 May 2016.
4 earlier events are in the company report.
Frequently asked questions
Siddharth Material Handling is an active private limited company based in Navi Mumbai, Maharashtra, India. The company works in heavy engineering and manufacturing, within the machinery and equipment industry. It was incorporated on 25 January 1988 (38+ years old) and is registered under CIN U29150MH1988PTC045993.
Siddharth Material Handling has 2 current directors:
- Vijaykumar Sahebram Madan - Managing Director
- Rajani Vijaykumar Madan - Director
The latest financial statements of Siddharth Material Handling 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 Siddharth Material Handling is 27AADCS1686E1ZB, registered in Maharashtra.
The CIN (Corporate Identification Number) of Siddharth Material Handling is U29150MH1988PTC045993. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Siddharth Material Handling was incorporated on 25 January 1988, making it 38+ years old. It is registered with the Registrar of Companies, Mumbai.
Venkatraman Sampemane ceased to be Director on 25 May 2016. Rajani Vijaykumar Madan was appointed as Director on 21 Sep 1993. Vijaykumar Sahebram Madan was appointed as Managing Director on 25 Jan 1988.
Yes, Siddharth Material Handling is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-18-0013633).
Siddharth Material Handling has 3 MSME Form 1 returns on record between 2021 and 2023, listing 15 overdue payments to 2 micro and small suppliers. The latest return was filed on 29 Apr 2023.
Siddharth Material Handling can be reached through the website siddharthcrane.com. Its registered office is in Navi Mumbai, Maharashtra, India.
The registered office of Siddharth Material Handling is at Plot No. R 667 Ttc Industrial Area, MIDC Road Near Vistain Hotel Ghansoli, Navi Mumbai, Maharashtra, India – 400701.

