Siddhi Starch Private Limited
About Siddhi Starch Private Limited
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Siddhi Starch Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the manufacturing segment of the chemicals sector. It was incorporated on 20 November 1991.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U24295MH1991PTC064094. The company has 2 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹35 Lakh and a paid-up capital of ₹23.69 Lakh. It was formerly known as Goyal Starch Products P Ltd.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office was at Mumbai, Maharashtra.
As per the financials filed for FY 2019, the company reported a revenue of ₹2.09 Lakh, a decline of 58% compared to the previous year. For the same year it recorded a net loss of ₹1.66 Lakh (net margin -79.4%) and EBITDA of -₹1.66 Lakh (EBITDA margin -79.4%).
As per MCA filings, the company has satisfied charges of ₹1.22 Cr on record. Court records list 9 cases involving the company, including 6 filed by the company and 3 filed against it.
Company details
Contact details
Siddhi Starch 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/2 – 100 Snehdhara Chs Ltd Dadabhai Cross Road No.3 Vile Parle (We, St), Mumbai, Maharashtra, India – 400056
- IndustryChemicals, Manufacturing, Other Chemical Product
To see the full contact details of Siddhi Starch 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
Financials of Siddhi Starch Private Limited
FY 2019 filings availableSiddhi Starch Private Limited reported revenue of ₹2.09 Lakh (down 58% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue fell 58% in the latest year. EBITDA rose 77% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA | -₹1.66 Lakh | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | -₹1.66 Lakh | ||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| Profitability | |||||
| EBITDA Margin | -79.4% | ||||
| Net Profit Margin | -79.4% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Siddhi Starch Private Limited, buy the company report.
Board of directors of Siddhi Starch Private Limited
Siddhi Starch has 5 former directors on record and no current directors listed.
Auditor
Siddhi Starch Private Limited is audited by Ravi & Dev LLP for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Ravi & Dev LLP | FY 2017 | 108752W/W100079 |
Shareholding
The shareholding of Siddhi Starch Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Siddhi Starch Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Dec 2014 | 10546568 | Bank of India | ₹30 Lakh | Satisfied | |
| 29 Dec 2014 | 10545809 | Bank of India | ₹70 Lakh | Satisfied | |
| 25 Mar 1996 | 90242077 | The Shamaro Vithal Co-Oprative Bank Limited | ₹11.21 Lakh | Satisfied | |
| 01 Dec 1993 | 90242001 | The Shamaro Vithal Co-Oprative Bank Limited | ₹11.21 Lakh | Satisfied |
To see the full charge records of Siddhi Starch Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Siddhi Starch Private Limited has 9 court cases on record: 6 filed by Siddhi Starch, 3 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 9 | 3 | 0 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (APP) | Filed against the company by Siyaram Packaging P. Ltd., Mumbai. | Disposed |
| Bombay High Court | Court case (NMA) | Filed against the company by Siyaram Packaging P. Ltd., Mumbai. | Disposed |
| Bombay High Court | Court case (NMA) | Filed against the company by Sharda Paper Products Pvt. Ltd. | Disposed |
| Bombay High Court | Interim or miscellaneous application | Filed by the company against M/S Darshan Print Pack P. Ltd and Anr | Disposed |
| Bombay High Court | Court case (SJ) | Filed by the company against Sharda Paper Products Pvt.Ltd. | Disposed |
To see the full case history of Siddhi Starch 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 Starch Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Siddhi Starch 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 Starch Private Limited, buy the company report.
Recent activity
Siddhi Starch Private Limited has 5 board changes on record since 2012: 0 appointments and 5 cessations. The latest: Ashita Nilesh Gandhi ceased to be Director on 30 Dec 2019.
4 earlier events are in the company report.
Frequently asked questions
Siddhi Starch has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Siddhi Starch was a private limited company based in Mumbai, Maharashtra, India. The company worked in manufacturing, within the chemicals industry. It was incorporated on 20 November 1991 and is registered under CIN U24295MH1991PTC064094. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Siddhi Starch is U24295MH1991PTC064094. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Siddhi Starch was incorporated on 20 November 1991. It is registered with the Registrar of Companies, Mumbai.
The registered office of Siddhi Starch is at A2 – 100 Snehdhara Chs Ltd Dadabhai Cross Road No.3 Vile Parle We, St, Mumbai, Maharashtra, India – 400056.
The latest financial statements of Siddhi Starch on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
No. Siddhi Starch has 2 GST registrations on record and all of them are cancelled or inactive.
Siddhi Starch operated in the chemicals industry, in the manufacturing segment.
Siddhi Starch has 9 court cases on record: 6 filed by the company and 3 filed against it.
Ashita Nilesh Gandhi ceased to be Director on 30 Dec 2019. Vaibhav H Gandhi ceased to be Director on 30 Dec 2019. Kedarnath Budharam Goyal ceased to be Director on 12 Sep 2013. Siddhi Starch has 5 board changes on record in total.
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