MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-20-0019064
Siddhartha Proteins Private Limited
Siddhartha Proteins Private Limited - food and beverages in Rajkot, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹2.19 Cr
▲ 3% YoY
Net loss · FY 2024
₹7.65 Lakh
Net margin -3.5%
EBITDA · FY 2024
₹19.58 Lakh
EBITDA margin 9%
Authorised capital
₹25 Lakh
Registered with MCA
Paid-up capital
₹20 Lakh
Issued & subscribed
Open charges
₹1.81 Cr
Satisfied ₹1 Cr
Company age
30 yrs
Est. 1996
Directors on board
2
As per MCA filings
About Siddhartha Proteins Private Limited
Data last updated:
Siddhartha Proteins Private Limited is a private limited company based in Rajkot, Gujarat, India. It operates in the staple foods and grains segment of the food and beverages sector. It was incorporated on 26 September 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U15201GJ1996PTC030817. Its GSTIN is 24AADCS0851P1Z5 (Gujarat).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹20 Lakh. It is led by directors Varshaben Jawaharbhai Balchandani and Jawahar Kishanchand Balchandani.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Rajkot, Gujarat.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.19 Cr, a growth of 3% compared to the previous year. For the same year it recorded a net loss of ₹7.65 Lakh (net margin -3.5%) and EBITDA of ₹19.58 Lakh (EBITDA margin 9%). Revenue has declined at a compounded annual rate (CAGR) of 13% over three years and 14% over five years.
As per MCA filings, the company has open charges of ₹1.81 Cr and satisfied charges of ₹1 Cr on record. Court records list 1 case involving the company, including 1 filed against it.
Siddhartha Proteins Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-20-0019064). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U15201GJ1996PTC030817
Registration Number 030817
Incorporation Date 26 September 1996
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-GJ-20-0019064
Recognitions & Rankings of Siddhartha Proteins
Contact details
Siddhartha Proteins Private Limited's registered office is in Rajkot, Gujarat. Its e-mail address is in the company report.
- Email
- Registered AddressNear Raj Weigh Bridge, 7 Lati Plot Morbi Road, Rajkot, Gujarat, India – 360003
- IndustryFood and Beverages, Staple Foods & Grains
To see the full contact details of Siddhartha Proteins Private Limited, buy the company report.
Comprehensive company report
Siddhartha Proteins Private Limited - one report that includes everything
- 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
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Business activity
The main business activity of Siddhartha Proteins is manufacturing. In detail, this covers food, beverages and tobacco products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C1 | Food, beverages and tobacco products |
To see the full business activity and turnover split of Siddhartha Proteins Private Limited, buy the company report.
Financials of Siddhartha Proteins Private Limited
FY 2025 filings availableSiddhartha Proteins Private Limited reported revenue of ₹2.19 Cr (up 3% YoY) for FY 2024.
Revenue · FY 2024
₹2.19 Cr ▲ 3%
Net loss · FY 2024
₹7.65 Lakh margin -3.5%
EBITDA · FY 2024
₹19.58 Lakh margin 9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 3%
3 years · compounded
▼ 13%
5 years · compounded
▼ 14%
EBITDA CAGR growth
1 year
▼ 91%
3 years · compounded
▼ 17%
5 years · compounded
▼ 12%
Revenue rose 3% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 14%. EBITDA fell 91% 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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| Total Expenses | |||||
| EBITDA | ₹19.58 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹7.65 Lakh | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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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 | 9% | ||||
| Net Profit Margin | -3.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Payable Days | |||||
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To see the full financial statements and ratios of Siddhartha Proteins Private Limited, buy the company report.
Board of directors of Siddhartha Proteins Private Limited
Siddhartha Proteins has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Varshaben Jawaharbhai Balchandani | Director | 16 Aug 2016 | 10 Years 2 Months | Current |
| Jawahar Kishanchand Balchandani | Director | 26 Sep 1996 | 30 Years 1 Months | Current |
Peer comparison
Siddhartha Proteins Private Limited is compared with the 4 companies closest to it by revenue in the Food and Beverages industry (Staple Foods), with the same principal business activity (food, beverages and tobacco products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Kedia Rice Mill Pvt Ltd , | ₹2.21 Cr (FY 2024) | -33.0% | Balangir, Odisha, India | |||
| D K Rice Mill Private Limited | ₹2.2 Cr (FY 2025) | -34.0% | Bolangir, Odisha, India | |||
| Siddhartha Proteins Private Limitedthis company | ₹2.19 Cr (FY 2024) | -₹7.65 Lakh | -3.5% | 3.0% | Rajkot, Gujarat, India | |
| Mahesh Rice Enterprises Pvt Ltd | ₹2.18 Cr (FY 2025) | -46.0% | Punjab, India | |||
| Vindhya Cereals Private Limited | ₹2.18 Cr (FY 2019) | -81.0% | Bhopal, Madhya Pradesh, India |
To see the full peer comparison of Siddhartha Proteins Private Limited, buy the company report.
Auditor
Siddhartha Proteins Private Limited is audited by NANAK PUNWANI & CO.(PROP. NANAK M PUNWANI) for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NANAK PUNWANI & CO.(PROP. NANAK M PUNWANI) | FY 2023 | 045371 |
Shareholding
The shareholding of Siddhartha Proteins Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Siddhartha Proteins Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1.81 Cr
Satisfied charges
₹1 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Dec 2010 | 10255842 | Others | ₹1.81 Cr | Open | |
| 02 Mar 1998 | 80012097 | State Bank of Saurashtra | ₹1 Cr | Satisfied |
To see the full charge records of Siddhartha Proteins Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Siddhartha Proteins Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Total cases
1
Filed against the company
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, RAJKOT, Gujarat | Court case (AGRMNT LC) | Filed against the company by an individual | Disposed |
To see the full case history of Siddhartha Proteins 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 Siddhartha Proteins Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Siddhartha Proteins has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AADCS0851P1Z5 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Siddhartha Proteins Private Limited, buy the company report.
Recent activity
Siddhartha Proteins Private Limited has 5 board changes on record since 1996: 2 appointments and 3 cessations. The latest: Rajesh Kishanchand Balchandani ceased to be Director on 01 Sep 2016.
AGM
Siddhartha Proteins Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Siddhartha Proteins Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Others of Rs. 181.25 Lakh registered on 10 Dec 2010 with Charge ID 10255842 was modified on 07 Jul 2020.
Ceased
Rajesh Kishanchand Balchandani ceased to be Director.
Appointed
Varshaben Jawaharbhai Balchandani was appointed as Director.
Charges
A charge with Others amounted to Rs. 181.25 Lakh with Charge ID 10255842 was registered on 10 Dec 2010.
Charges
A charge registered on 02 Mar 1998 via Charge ID 80012097 with State Bank Of Saurashtra was fully satisfied on 29 Nov 2010.
Ceased
Kamlaben Kishanchand Balchandani ceased to be Director.
Ceased
Ravi Kishanchand Balchandani ceased to be Director.
Charges
A charge with State Bank Of Saurashtra of Rs. 100.00 Lakh registered on 02 Mar 1998 with Charge ID 80012097 was modified on 19 Jan 2008.
Charges
A charge with State Bank Of Saurashtra amounted to Rs. 100.00 Lakh with Charge ID 80012097 was registered on 02 Mar 1998.
Appointed
Jawahar Kishanchand Balchandani was appointed as Director.
1 earlier event is in the company report.
Frequently asked questions
Siddhartha Proteins is an active private limited company based in Rajkot, Gujarat, India. The company works in staple foods and grains, within the food and beverages industry. It was incorporated on 26 September 1996 (30+ years old) and is registered under CIN U15201GJ1996PTC030817.
Siddhartha Proteins has 2 current directors:
- Varshaben Jawaharbhai Balchandani - Director
- Jawahar Kishanchand Balchandani - Director
The latest financial statements of Siddhartha Proteins on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Siddhartha Proteins is 24AADCS0851P1Z5, registered in Gujarat.
The CIN (Corporate Identification Number) of Siddhartha Proteins is U15201GJ1996PTC030817. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Siddhartha Proteins has 1 court case on record: 1 filed against it.
Siddhartha Proteins was incorporated on 26 September 1996, making it 30+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Siddhartha Proteins by revenue are Kedia Rice Mill Pvt Ltd ,, D K Rice Mill Private Limited, Mahesh Rice Enterprises Pvt Ltd, Vindhya Cereals Private Limited, all in the Food and Beverages industry (Staple Foods), with the same principal business activity (food, beverages and tobacco products).
Rajesh Kishanchand Balchandani ceased to be Director on 01 Sep 2016. Varshaben Jawaharbhai Balchandani was appointed as Director on 16 Aug 2016. Kamlaben Kishanchand Balchandani ceased to be Director on 01 Oct 2009. Siddhartha Proteins has 5 board changes on record in total.
Yes, Siddhartha Proteins is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-20-0019064).
The registered office of Siddhartha Proteins is at Near Raj Weigh Bridge, 7 Lati Plot Morbi Road, Rajkot, Gujarat, India – 360003.
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