Sigrun Holdings Limited
About Sigrun Holdings Limited
Data last updated:
Sigrun Holdings Limited is a public limited company based in Mumbai, Maharashtra, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the speciality chemicals segment of the chemicals sector. It was incorporated on 12 March 1993.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L24231MH1993PLC233757. It is recorded as listed by MCA, but trading in its shares on BSE (531863) has been suspended, so they do not currently trade on a stock exchange.
The company has an authorised share capital of ₹200 Cr and a paid-up capital of ₹53.52 Cr. It is led by directors including Kumar Naga Sri Rama Chavva and Rohit Subhash Muslonkar.
Its last annual general meeting (AGM) was held on 24 June 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office is at B/12 Shree Devadiga Co – Op Hsg Soc. Om Nagar Sahar Andheri (E), Mumbai, Maharashtra, India – 400099.
Court records list 3 cases involving the company, including 3 filed against it; 1 case is pending. The company has 66 deals on record (66 market trades); the latest was in September 2013.
Company details
CIN history
Sigrun Holdings has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L24231MH1993PLC233757, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L24231MH1993PLC233757 | Current |
| L24231UP1993PLC015185 | Previous |
| U24231UP1993PLC015185 | Previous |
Contact details
Sigrun Holdings Limited's registered office is in Mumbai, Maharashtra.
- Registered AddressB/12 Shree Devadiga Co – Op Hsg Soc. Om Nagar Sahar Andheri (E), Mumbai, Maharashtra, India – 400099
- IndustryChemicals, Other Chemical Product, Pharmaceutical Chemical, Manufacturing
- 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 Sigrun Holdings Limited
FY 2016 filings availableFinancial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ||
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ||
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ||
| 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 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | ||
| Net Profit Margin | ||
| 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 Sigrun Holdings Limited, buy the company report.
Board of directors of Sigrun Holdings Limited
Sigrun Holdings has 3 current directors and 33 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kumar Naga Sri Rama Chavva Also directs: Sigrun Realties Limited | Director | 25 Nov 2015 | 10 Years 11 Months | As last reported |
| Rohit Subhash Muslonkar | Director | 28 Aug 2013 | 13 Years 1 Months | As last reported |
| Muninder Dyal Singh Kundan | Director | 08 Dec 2014 | 11 Years 10 Months | As last reported |
Deals & funding
Sigrun Holdings Limited has 66 deals on record (66 market trades); the latest was in September 2013.
Deals on record (5 of 66)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2013 | Market trade | ₹10 Lakh | Seller: Groove Finance and Investment Private Limited |
| Mar 2013 | Market trade | ₹61.6 Lakh | Buyer: P Saji Textiles Limited Seller: an individual |
| Mar 2013 | Market trade | ₹62.4 Lakh | Buyer: P Saji Textiles Limited Seller: an individual |
| Mar 2013 | Market trade | ₹31.5 Lakh | Buyer: Groove Finance and Investment Private Limited Seller: an individual |
| Jan 2013 | Market trade | ₹1.11 Cr | Buyer: Aims Promoters Private Limited Seller: an individual |
To see the full deal history of Sigrun Holdings Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Sigrun Holdings Limited has 3 court cases on record: 3 filed against it. 1 case is pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 2 | 1 |
| District courts | 1 | 1 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Interim or miscellaneous application | Filed against the company by PR Commissioner of Income Tax 3 Mumbai | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Ss casess) | Filed against the company by Municipal Corporation K / East Ward, Mumbai. | Disposed |
| Bombay High Court | Court case (APL) | Filed against the company by Sigrun Realities Ltd and Ors | Disposed |
To see the full case history of Sigrun Holdings 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 Sigrun Holdings Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Sigrun Holdings Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Sigrun Holdings Limited has 67 board changes on record since 2004: 35 appointments and 32 cessations. The latest: Kumar Naga Sri Rama Chavva was appointed as Director on 25 Nov 2015.
58 earlier events are in the company report.
Frequently asked questions
Sigrun Holdings is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Sigrun Holdings is a company under liquidation, formerly operating as a public limited company based in Mumbai, Maharashtra, India. The company works in other chemical product, within the chemicals industry. It was incorporated on 12 March 1993 and is registered under CIN L24231MH1993PLC233757. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Sigrun Holdings has 3 current directors:
- Kumar Naga Sri Rama Chavva - Director
- Rohit Subhash Muslonkar - Director
- Muninder Dyal Singh Kundan - Director
The latest financial statements of Sigrun Holdings on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 24 June 2016. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Sigrun Holdings is L24231MH1993PLC233757. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sigrun Holdings is recorded as a listed company by MCA, but trading in its shares on BSE (531863) has been suspended, so they do not currently trade on a stock exchange.
Sigrun Holdings has 3 court cases on record: 3 filed against it. 1 is pending. Most are in the high courts.
Sigrun Holdings was incorporated on 12 March 1993. It is registered with the Registrar of Companies, Mumbai.
Sigrun Holdings has 66 deals on record (66 market trades); the latest was in September 2013.
Kumar Naga Sri Rama Chavva was appointed as Director on 25 Nov 2015. Vinayak Vishwanath Bhat ceased to be Director on 20 Nov 2015. Mangesh Popat Gaikwad ceased to be Director on 16 Dec 2014. Sigrun Holdings has 67 board changes on record in total.