Siddhi Sales Private Limited
About Siddhi Sales Private Limited
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Siddhi Sales Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the automobile dealership and trading segment of the automotive sector. It was incorporated on 26 November 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51900MH1997PTC112079. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Charu Nitin Shah and Nitin Jayantilal Shah.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2018, the company reported a revenue of ₹91.02 Lakh, a decline of 32% compared to the previous year. For the same year it recorded a net loss of ₹1.88 Lakh (net margin -2.1%) and EBITDA of ₹3.14 Lakh (EBITDA margin 3.4%). Revenue has grown at a compounded annual rate (CAGR) of 63% over three years.
As per MCA filings, the company has open charges of ₹12 Lakh on record. Court records list 12 cases involving the company, including 12 filed against it; 5 cases are pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Siddhi Sales Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressA/5 Vineet Apts Majithia Nagar S. V. Road Opp. Shoppers Stop Kandivali, West, Mumbai, Maharashtra, India – 400067
- IndustryAutomotive, Auto Dealership & Trading
To see the full contact details of Siddhi Sales 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 Siddhi Sales is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Siddhi Sales Private Limited, buy the company report.
Financials of Siddhi Sales Private Limited
FY 2018 filings availableSiddhi Sales Private Limited reported revenue of ₹91.02 Lakh (down 32% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue fell 32% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 63%. EBITDA fell 27% 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 | ₹91.02 Lakh | |||
| Other Income | ||||
| Total Revenue | ||||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹3.14 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹1.88 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 3.4% | |||
| Net Profit Margin | -2.1% | |||
| 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 Siddhi Sales Private Limited, buy the company report.
Board of directors of Siddhi Sales Private Limited
Siddhi Sales has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Charu Nitin Shah | Director | 26 Nov 1997 | 28 Years 11 Months | Current |
| Nitin Jayantilal Shah | Director | 26 Nov 1997 | 28 Years 11 Months | Current |
Auditor
Siddhi Sales Private Limited is audited by JATANIA & JATANIA for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JATANIA & JATANIA | FY 2018 | 104077W |
Shareholding
The shareholding of Siddhi Sales Private Limited is on record for 4 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 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Siddhi Sales Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 May 1998 | 90142148 | Dena Bank | ₹12 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
Siddhi Sales Private Limited has 12 court cases on record: 12 filed against it. 5 cases are pending and 7 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 12 | 12 | 5 |
Cases on record (5 of 12)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by DCB Bank Ltd | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Iifl Finance Limited | Pending |
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed against the company by Ivl Finance Ltd. | Pending |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Kotak Mahindra Bank Ltd | Pending |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by India Infoline Finance Ltd | Disposed |
To see the full case history of Siddhi Sales 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 Siddhi Sales Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Siddhi Sales 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 Sales Private Limited, buy the company report.
Recent activity
Siddhi Sales Private Limited has 4 board changes on record since 1997: 2 appointments and 2 cessations. The latest: Riddhi Nitin Shah ceased to be Director on 21 Mar 2017.
Frequently asked questions
Siddhi Sales is an active private limited company based in Mumbai, Maharashtra, India. The company works in auto dealership and trading, within the automotive industry. It was incorporated on 26 November 1997 (29+ years old) and is registered under CIN U51900MH1997PTC112079.
Siddhi Sales has 2 current directors:
- Charu Nitin Shah - Director
- Nitin Jayantilal Shah - Director
The latest financial statements of Siddhi Sales 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.
No. Siddhi Sales has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Siddhi Sales is U51900MH1997PTC112079. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Siddhi Sales has 12 court cases on record: 12 filed against it. 5 are pending.
Siddhi Sales was incorporated on 26 November 1997, making it 29+ years old. It is registered with the Registrar of Companies, Mumbai.
Riddhi Nitin Shah ceased to be Director on 21 Mar 2017. Siddhi Nitin Shah ceased to be Director on 21 Mar 2017. Charu Nitin Shah was appointed as Director on 26 Nov 1997. Siddhi Sales has 4 board changes on record in total.
The registered office of Siddhi Sales is at A5 Vineet Apts Majithia Nagar S. V. Road Opp. Shoppers Stop Kandivali, West, Mumbai, Maharashtra, India – 400067.
Siddhi Sales operates in the automotive industry, in the auto dealership and trading segment.
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