Signet Products Private Limited
About Signet Products Private Limited
Data last updated:
Signet Products Private Limited is a private limited company based in Aurangabad, Maharashtra, India. It operates in the bop and btg services segment of the energy and power sector. It was incorporated on 02 December 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51909MH1999PTC122876. Its GSTIN is 23AAFCS1282A1ZX (Madhya Pradesh). The company holds 4 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹4.89 Cr. It is led by directors including Narendra Achyutrao Korde and Vaidehi Narendra Korde.
Its last annual general meeting (AGM) was held on 29 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at Plot No. 16/16A N – 5 South Sector Cidco, Aurangabad, Maharashtra, India – 431003.
As per the financials filed for FY 2017, the company reported a revenue of ₹129.57 Cr, a growth of 42% compared to the previous year. For the same year it recorded a net profit of ₹2.67 Cr (net margin 2.1%) and EBITDA of ₹10.38 Cr (EBITDA margin 8%). Revenue has grown at a compounded annual rate (CAGR) of 47% over three years.
The company has about 26 employees on its provident fund (EPFO) records. Its group structure includes 2 subsidiaries.
As per MCA filings, the company has open charges of ₹91.72 Cr and satisfied charges of ₹62.54 Cr on record. Court records list 22 cases involving the company, including 6 filed by the company and 16 filed against it; 14 cases are pending. The company has 2 deals on record (1 rights issue, 1 funding round), with disclosed funding of ₹50 Lakh; the latest was in January 2015. Its 3 peer companies in the Power industry (EPC, BoP and BTG, Electronic Appliances Retail and Distribution), with the same principal business activity (wholesale trading) are compared by revenue, 2 larger and 1 smaller; the largest is Neptune (India) Limited with revenue of ₹130.47 Cr.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
CIN history
Signet Products has one previous CIN (Corporate Identification Number): U24120MH1999PTC122876. The current CIN is U51909MH1999PTC122876, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51909MH1999PTC122876 | Current |
| U24120MH1999PTC122876 | Previous |
Contact details
Signet Products Private Limited's registered office is in Aurangabad, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressPlot No. 16/16A N – 5 South Sector Cidco, Aurangabad, Maharashtra, India – 431003
- IndustryEnergy and Power, BoP & BTG Services, Power EPC
To see the full contact details of Signet Products 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 Signet Products 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 Signet Products Private Limited, buy the company report.
Financials of Signet Products Private Limited
FY 2017 filings availableSignet Products Private Limited reported revenue of ₹129.57 Cr (up 42% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 47% over three years, including 42% growth in the latest year. EBITDA rose 51% 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹129.57 Cr | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹10.38 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹2.67 Cr | ||
| 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 8% | ||
| 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 Signet Products Private Limited, buy the company report.
Board of directors of Signet Products Private Limited
Signet Products has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Narendra Achyutrao Korde | Director | 02 Dec 1999 | 26 Years 11 Months | Current |
| Vaidehi Narendra Korde | Director | 08 Dec 2002 | 23 Years 11 Months | Current |
| Achyut Nagorao Korde | Director | 08 Dec 2002 | 23 Years 11 Months | Current |
Peer comparison
Signet Products Private Limited is compared with the 3 companies closest to it by revenue in the Power industry (EPC, BoP and BTG, Electronic Appliances Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Neptune (India) Limited | ₹130.47 Cr (FY 2024) | 24.0% | New Delhi, Delhi, India | |||
| Swiss Group India Private Limited | ₹129.62 Cr (FY 2025) | 34.0% | Kochi, Kerala, India | |||
| Signet Products Private Limitedthis company | ₹129.57 Cr (FY 2017) | ₹2.67 Cr | 2.1% | 42.0% | 26 | Aurangabad, Maharashtra, India |
| World Peace International (India) Private Limited | ₹129.09 Cr (FY 2025) | 40.0% | New Delhi, Delhi, India |
To see the full peer comparison of Signet Products Private Limited, buy the company report.
Shareholding
The shareholding of Signet Products Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Signet Products Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Feb 2017 | 100109815 | Indian Bank | ₹90 Cr | Open | |
| 16 Jun 2016 | 100037544 | Canara Bank | ₹1.72 Cr | Open | |
| 16 Mar 2017 | 100086648 | Indian Bank | ₹2.5 Cr | Satisfied | |
| 01 Aug 2015 | 10591990 | Axis Bank Limited | ₹24.3 Cr | Satisfied | |
| 30 Mar 2012 | 10351332 | Ing Vysya Bank Limited | ₹2.5 Cr | Satisfied |
To see the full charge records of Signet Products Private Limited, buy the company report.
Total charge records: 17 View all charges
Deals & funding
Signet Products Private Limited has 2 deals on record (1 rights issue, 1 funding round), with disclosed funding of ₹50 Lakh; the latest was in January 2015.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2015 | Rights issue | ₹4.3 Cr | Investors: 3 individuals |
| Oct 2009 | Funding round | ₹50 Lakh | Investors: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Signet Products Private Limited has 22 court cases on record: 6 filed by Signet Products, 16 filed against it. 14 cases are pending and 8 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 13 | 8 | 8 |
| NCLAT | 5 | 5 | 4 |
| High courts | 2 | 1 | 2 |
| NCLT | 2 | 2 | 0 |
Cases on record (5 of 22)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Execution petition | Filed against the company by Dhani Loans and Services Limited Through Authorized Signatory Mr.Prasad Tikone | Pending |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed against the company by Secure Meters Limited | Pending |
| NCLAT, NCLAT New Delhi | Insolvency matter | Filed against the company by Secure Meters Limited | Pending |
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed against the company by Ivl Finance Ltd. | Pending |
| District court, Faridabad, Haryana | Commercial suit | Filed against the company by Dhani Loans and Services Ltd | Pending |
To see the full case history of Signet Products 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 Signet Products Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Signet Products has 2 subsidiary companies. This group structure data is as of FY 2017. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Thane Solar Power Private Limited | U74999PN2016PTC167280 | |
| Thane Solar Power Private Limited | U74999PN2016PTC167280 |
To see the full group structure of Signet Products Private Limited, buy the company report.
Employees & EPFO
Signet Products Private Limited has a workforce of 26 employees on its EPFO records as of Mar 29, 2024, across 1 active EPFO establishment.
GST
Signet Products has 4 GST registrations: 1 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AAFCS1282A1ZX | Madhya Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Signet Products Private Limited, buy the company report.
Recent activity
Signet Products Private Limited has 3 board changes on record since 1999: 3 appointments. The latest: Achyut Nagorao Korde was appointed as Director on 08 Dec 2002.
33 earlier events are in the company report.
Frequently asked questions
Signet Products is an active private limited company based in Aurangabad, Maharashtra, India. The company works in bop and btg services, within the energy and power industry. It was incorporated on 02 December 1999 (27+ years old) and is registered under CIN U51909MH1999PTC122876.
Signet Products has 3 current directors:
- Narendra Achyutrao Korde - Director
- Vaidehi Narendra Korde - Director
- Achyut Nagorao Korde - Director
The latest financial statements of Signet Products on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 29 September 2017. Year-wise statements from 2015 are in the company report.
The GSTIN of Signet Products is 23AAFCS1282A1ZX, registered in Madhya Pradesh. The company has 4 GST registrations in all, of which 1 is active and 3 are cancelled or inactive.
The CIN (Corporate Identification Number) of Signet Products is U51909MH1999PTC122876. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Signet Products has 22 court cases on record: 6 filed by the company and 16 filed against it. 14 are pending. Most are in the district courts.
Signet Products was incorporated on 02 December 1999, making it 27+ years old. It is registered with the Registrar of Companies, Mumbai.
Signet Products has 2 deals on record (1 rights issue, 1 funding round), with disclosed funding of ₹50 Lakh; the latest was in January 2015.
The peers of Signet Products by revenue are Neptune (India) Limited, Swiss Group India Private Limited, World Peace International (India) Private Limited, all in the Power industry (EPC, BoP and BTG, Electronic Appliances Retail and Distribution), with the same principal business activity (wholesale trading).
Achyut Nagorao Korde was appointed as Director on 08 Dec 2002. Vaidehi Narendra Korde was appointed as Director on 08 Dec 2002. Narendra Achyutrao Korde was appointed as Director on 02 Dec 1999.
The registered office of Signet Products is at Plot No. 1616A N – 5 South Sector Cidco, Aurangabad, Maharashtra, India – 431003.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
