About Sij Chains Limited
Data last updated:
Sij Chains Limited is a public limited company based in Jalandhar, Punjab, India. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 30 November 1993 and has been in existence for over 33 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U34300PB1993PLC013937. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹75 Lakh. It is led by directors including Rajbir Singh and Manjot Kaur.
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 is at Sethi Industries Areahoshiarpur Road Jalandhar City, Punjab, India – 144004.
As per the financials filed for FY 2017, the company reported a revenue of ₹1.31 Cr, a decline of 64% compared to the previous year. For the same year it recorded a net loss of ₹3.35 Cr (net margin -256.1%) and EBITDA of -₹3.35 Cr (EBITDA margin -256.2%). Revenue has declined at a compounded annual rate (CAGR) of 54% over three years and 36% over five years.
The company has about 6 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹6.02 Cr and satisfied charges of ₹3.82 Cr on record. Court records list 69 cases involving the company, including 1 filed by the company and 68 filed against it; 3 cases are pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website sijchain.com.
Company details
CIN history
Sij Chains has one previous CIN (Corporate Identification Number): L34300PB1993PLC013937. The current CIN is U34300PB1993PLC013937, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U34300PB1993PLC013937 | Current |
| L34300PB1993PLC013937 | Previous |
Contact details
Sij Chains Limited's registered office is in Jalandhar, Punjab. Its website is sijchain.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressSethi Industries Areahoshiarpur Road Jalandhar City, Punjab, India – 144004
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
To see the full contact details of Sij Chains 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 Sij Chains is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
Financials of Sij Chains Limited
FY 2019 filings availableSij Chains Limited reported revenue of ₹1.31 Cr (down 64% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 36% over five years, including a 64% fall 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 | ₹1.31 Cr | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹3.35 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹3.35 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 | -256.2% | ||
| Net Profit Margin | -256.1% | ||
| 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 Sij Chains Limited, buy the company report.
Board of directors of Sij Chains Limited
Sij Chains has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajbir Singh Also directs: Freedom Rubber Limited | Director | 28 Feb 2017 | 9 Years 8 Months | Current |
| Manjot Kaur | Director | 30 Nov 1993 | 32 Years 11 Months | Current |
| Davinder Pal Singh Thukral | Director | 30 Nov 1993 | 32 Years 11 Months | Current |
Auditor
Sij Chains Limited is audited by G.S. SYAL & CO. for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| G.S. SYAL & CO. | FY 2017 |
Shareholding
The shareholding of Sij Chains 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 Sij Chains Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Sep 2011 | 10313059 | Canara Bank | ₹6.02 Cr | Open | |
| 24 Oct 2005 | 90329141 | State Bank of India | ₹3.82 Cr | Satisfied |
To see the full charge records of Sij Chains Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Sij Chains Limited has 69 court cases on record: 1 filed by Sij Chains, 68 filed against it. 3 cases are pending and 66 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 68 | 67 | 3 |
| High courts | 1 | 1 | 0 |
Cases on record (5 of 69)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ludhiana, Punjab | Appeal | Filed against the company by Avon Ispat and Power Ltd | Pending |
| District court, Jalandhar, Punjab | Execution petition | Filed against the company by Punjab Kashmir Finance Ltd. | Disposed |
| District court, Ludhiana, Punjab | Execution petition | Filed against the company by M/S Hero Steels Limited | Disposed |
| District court, Jalandhar, Punjab | Execution petition | Filed against the company by Hero Steels Limited | Disposed |
| District court, Ludhiana, Punjab | Commercial suit | Filed against the company by Avon Ispat and Power Ltd | Disposed |
To see the full case history of Sij Chains 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 Sij Chains Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Sij Chains Limited has a workforce of 6 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Sij Chains has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Sij Chains Limited, buy the company report.
Recent activity
Sij Chains Limited has 5 board changes on record since 1993: 3 appointments and 2 cessations. The latest: Rajbir Singh was appointed as Director on 28 Feb 2017.
1 earlier event is in the company report.
Frequently asked questions
Sij Chains is an active public limited company based in Jalandhar, Punjab, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 30 November 1993 (33+ years old) and is registered under CIN U34300PB1993PLC013937.
Sij Chains has 3 current directors:
- Rajbir Singh - Director
- Manjot Kaur - Director
- Davinder Pal Singh Thukral - Director
The latest financial statements of Sij Chains 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. Sij Chains has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Sij Chains is U34300PB1993PLC013937. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sij Chains has 69 court cases on record: 1 filed by the company and 68 filed against it. 3 are pending. Most are in the district courts.
Sij Chains was incorporated on 30 November 1993, making it 33+ years old. It is registered with the Registrar of Companies, Chandigarh.
Rajbir Singh was appointed as Director on 28 Feb 2017. Narinder Krishan Malhotra ceased to be Additional Director on 30 Sep 2015. Surjit Singh ceased to be Managing Director on 20 Jun 2015. Sij Chains has 5 board changes on record in total.
Sij Chains can be reached through the website sijchain.com. Its registered office is in Jalandhar, Punjab, India.
The registered office of Sij Chains is at Sethi Industries Areahoshiarpur Road Jalandhar City, Punjab, India – 144004.