- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-01-0162685

Siddhi Oils Limited
About Siddhi Oils Limited
Data last updated:
Siddhi Oils Limited is a public limited company based in Ahmedabad, Gujarat, India. It operates in the edible oils and cooking fats segment of the food and beverages sector. It was incorporated on 10 March 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U15140GJ2000PLC037532. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.43 Cr. It was formerly known as Siddhi Oils Private Limited. It is led by directors including Nehaben Pranavbhai Mehta and Jay Parikh.
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 B – 2 Ashwamegh Avenuenr Mithakhali Underbridge Navrangpura, Ahmedabad, Gujarat, India – 380009.
As per the financials filed for FY 2025, the company reported a revenue of ₹6.56 Cr, a decline of 19% compared to the previous year. For the same year it recorded a net loss of ₹3.07 Cr (net margin -46.8%) and EBITDA of -₹81.64 Lakh (EBITDA margin -12.4%). Revenue has declined at a compounded annual rate (CAGR) of 10% over three years and 32% over five years.
The company has about 12 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹86.04 Cr and satisfied charges of ₹13 Cr on record. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it.
Siddhi Oils Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0162685). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Siddhi Oils has one previous CIN (Corporate Identification Number): U15140GJ2000PTC037532. The current CIN is U15140GJ2000PLC037532, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U15140GJ2000PLC037532 | Current |
| U15140GJ2000PTC037532 | Previous |
Recognitions & Rankings of Siddhi Oils
Contact details
Siddhi Oils Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressB – 2 Ashwamegh Avenuenr Mithakhali Underbridge Navrangpura, Ahmedabad, Gujarat, India – 380009
- IndustryFood and Beverages, Edible Oils & Cooking Fats
To see the full contact details of Siddhi Oils 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 Siddhi Oils 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 Siddhi Oils Limited, buy the company report.
Financials of Siddhi Oils Limited
FY 2025 filings availableSiddhi Oils Limited reported revenue of ₹6.56 Cr (down 19% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 32% over five years, including a 19% fall in the latest year. EBITDA fell 240% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹81.64 Lakh | ||||
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| Net Profit (PAT) | -₹3.07 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -12.4% | ||||
| Net Profit Margin | -46.8% | ||||
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To see the full financial statements and ratios of Siddhi Oils Limited, buy the company report.
Board of directors of Siddhi Oils Limited
Siddhi Oils has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nehaben Pranavbhai Mehta | Director | 05 Mar 2003 | 23 Years 7 Months | Current |
| Jay Parikh Also directs: Siddhi Margarine Specialities Limited, Siddhi Knitfab Private Limited, Siddhi Industries Limited and 1 more | Director | 01 Nov 2004 | 21 Years 11 Months | Current |
| Purushottam Sharma Also directs: Siddhi Steels Private Limited | Director | 01 Nov 2004 | 21 Years 11 Months | Current |
Auditor
Siddhi Oils Limited is audited by Ashokkumar S Gupta & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Ashokkumar S Gupta & Co | FY 2023 | 100698W |
Shareholding
The shareholding of Siddhi Oils 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 Siddhi Oils Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Nov 2022 | 100666212 | State Bank of India | ₹43.02 Cr | Open | |
| 04 Jan 2017 | 100072648 | State Bank of India | ₹43.02 Cr | Open | |
| 12 Oct 2011 | 10319611 | Dombivli Nagari Sahakari Bank Ltd | ₹1.6 Cr | Satisfied | |
| 24 Dec 2004 | 90107036 | Uco Bank | ₹70 Lakh | Satisfied | |
| 19 Mar 2004 | 90105942 | Uco Bank | ₹1.5 Cr | Satisfied |
To see the full charge records of Siddhi Oils Limited, buy the company report.
Total charge records: 8 View all charges
Legal cases
Siddhi Oils Limited has 2 court cases on record: 1 filed by Siddhi Oils, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 1 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Nagpur, Maharashtra | Civil suit | Filed against the company by State of Mah | Disposed |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed by the company against individuals | Disposed |
To see the full case history of Siddhi Oils 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
Siddhi Oils Limited has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 10 overdue payments to 10 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 (5 of 10)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| Patel Traders | |||
| an individual supplier | |||
| Refoil Earth Pvt Ltd |
To see the full MSME payment records of Siddhi Oils Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Siddhi Oils has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
Employees & EPFO
Siddhi Oils Limited has a workforce of 12 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
GST
Siddhi Oils has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Siddhi Oils Limited, buy the company report.
Recent activity
Siddhi Oils Limited has 11 board changes on record since 2000: 7 appointments and 4 cessations. The latest: Markand Virendrabhai Parikh ceased to be Managing Director on 30 Nov 2016.
20 earlier events are in the company report.
Frequently asked questions
Siddhi Oils is an active public limited company based in Ahmedabad, Gujarat, India. The company works in edible oils and cooking fats, within the food and beverages industry. It was incorporated on 10 March 2000 (26+ years old) and is registered under CIN U15140GJ2000PLC037532.
Siddhi Oils has 3 current directors:
- Nehaben Pranavbhai Mehta - Director
- Jay Parikh - Director
- Purushottam Sharma - Director
The latest financial statements of Siddhi Oils 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.
No. Siddhi Oils has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Siddhi Oils is U15140GJ2000PLC037532. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Siddhi Oils has 2 court cases on record: 1 filed by the company and 1 filed against it.
Siddhi Oils was incorporated on 10 March 2000, making it 26+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Markand Virendrabhai Parikh ceased to be Managing Director on 30 Nov 2016. Minaxiben Markandbhai Parikh ceased to be Director on 30 Nov 2016. Amitbhai Prakashbhai Gosalia ceased to be Director on 30 Jan 2009. Siddhi Oils has 11 board changes on record in total.
Yes, Siddhi Oils is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-01-0162685).
Siddhi Oils has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 10 overdue payments to 10 micro and small suppliers. The latest return was filed on 01 May 2024.
The registered office of Siddhi Oils is at B – 2 Ashwamegh Avenuenr Mithakhali Underbridge Navrangpura, Ahmedabad, Gujarat, India – 380009.