About Siporex India Private Limited
Data last updated:
Siporex India Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the consumer and professional services segment of the travel and hospitality sector. It was incorporated on 31 March 1969 and has been in existence for over 57 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U26954MH1969PTC014245. Its GSTIN is 27AABCS4221R2Z0 (Maharashtra). The company holds 4 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹1.97 Cr. It was formerly known as Siporex India Limited. It is led by directors including Sanjay Khatau Asher and Vijay Baburao Shirke.
Its last annual general meeting (AGM) was held on 04 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 72/76 Industrial Estatemundhva, Pune, Maharashtra, India – 411036.
As per the financials filed for FY 2025, the company reported a revenue of ₹77.41 Cr, a growth of 21% compared to the previous year. For the same year it recorded a net profit of ₹3.61 Cr (net margin 4.7%) and EBITDA of ₹12.42 Cr (EBITDA margin 16.1%). Revenue has grown at a compounded annual rate (CAGR) of 41% over three years and 19% over five years.
The company is associated with 1 brand: Shirke Group. As per MCA filings, the company has satisfied charges of ₹341.12 Cr on record. Court records list 50 cases involving the company, including 42 filed by the company and 8 filed against it; 4 cases are pending. The company has 13 deals on record (12 secondary share transfers, 1 acquisition); the latest was in January 2023.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website shirkegroup.com.
Company details
CIN history
Siporex India has one previous CIN (Corporate Identification Number): U26954MH1969PLC014245. The current CIN is U26954MH1969PTC014245, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U26954MH1969PTC014245 | Current |
| U26954MH1969PLC014245 | Previous |
Contact details
Siporex India Private Limited's registered office is in Pune, Maharashtra. Its website is shirkegroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address72/76 Industrial Estatemundhva, Pune, Maharashtra, India – 411036
- IndustryTravel and Hospitality, Consumer Professional Services
To see the full contact details of Siporex India 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
Brands
Siporex India operates one associated brand: Shirke Group. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Infrastructure development services are provided by Shirke Group in India. | shirkegroup.com |
Business activity
The main business activities of Siporex India are manufacturing and support service to organizations. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities and rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities | |
| N | Support service to Organizations | N1 | Rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities |
To see the full business activity and turnover split of Siporex India Private Limited, buy the company report.
Financials of Siporex India Private Limited
FY 2025 filings availableSiporex India Private Limited reported revenue of ₹77.41 Cr (up 21% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 19% over five years, including 21% growth in the latest year. EBITDA fell 26% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹12.42 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.61 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 16.1% | ||||
| Net Profit Margin | 4.7% | ||||
| 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 Siporex India Private Limited, buy the company report.
Board of directors of Siporex India Private Limited
Siporex India has 3 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjay Khatau Asher Also directs: Repro India Limited, Epigral Limited, Sudarshan Chemical Industries Limited and 5 more | Director | 29 Apr 1999 | 27 Years 5 Months | Current |
| Vijay Baburao Shirke Also directs: Shirke Club Management LLP, Airoli Club Services LLP, Teenmurty Summit Realty LLP and 5 more | Director | 18 May 2018 | 8 Years 5 Months | Current |
| Jay Vijay Shirke | Director | 18 May 2018 | 8 Years 5 Months | Current |
Auditor
Siporex India Private Limited is audited by M/s BHIDE AND SHAH for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M/s BHIDE AND SHAH | FY 2022 | 119383W |
Shareholding
The shareholding of Siporex India Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Siporex India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Dec 2017 | 100149522 | Others | ₹65 Cr | Satisfied | |
| 28 May 2014 | 10497070 | Hdfc Bank Limited | ₹20.38 Lakh | Satisfied | |
| 15 May 2014 | 10496734 | Hdfc Bank Limited | ₹73.75 Lakh | Satisfied | |
| 04 Feb 2014 | 10476535 | Hdfc Bank Limited | ₹5.71 Lakh | Satisfied | |
| 16 Feb 2013 | 10407760 | The Karnataka Bank Limited | ₹7 Cr | Satisfied |
To see the full charge records of Siporex India Private Limited, buy the company report.
Total charge records: 36 View all charges
Deals & funding
Siporex India Private Limited has 13 deals on record (12 secondary share transfers, 1 acquisition); the latest was in January 2023.
Deals on record (5 of 13)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2023 | Secondary share transfer | Undisclosed | Buyer: B. G. Shirke Construction Technology Private Limited , 3 individuals Seller: 2 individuals |
| Dec 2022 | Secondary share transfer | Undisclosed | Buyer: B. G. Shirke Construction Technology Private Limited Seller: an individual |
| Oct 2022 | Secondary share transfer | Undisclosed | Buyer: B. G. Shirke Construction Technology Private Limited Seller: an individual |
| Oct 2022 | Secondary share transfer | Undisclosed | Buyer: B. G. Shirke Construction Technology Private Limited Seller: an individual |
| Aug 2022 | Secondary share transfer | Undisclosed | Buyer: B. G. Shirke Construction Technology Private Limited Seller: an individual |
To see the full deal history of Siporex India Private 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
Siporex India Private Limited has 50 court cases on record: 42 filed by Siporex India, 8 filed against it. 4 cases are pending and 46 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 29 | 2 | 4 |
| High courts | 19 | 4 | 0 |
| Supreme Court | 2 | 2 | 0 |
Cases on record (5 of 50)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TELANGANA | Company petition | Filed by the company against Kanakadhara Ventures Private Limited, | Disposed |
| District court, Nagpur, Maharashtra | Court case (Reg Dkst) | Filed by the company against Managing Director Sharda Ispat Ltd. | Disposed |
| Bombay High Court | Court case (EXA) | Filed by the company against Vartak Sales Pvt. Ltd. | Disposed |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against Ms.Advance Construction Co.Ltd. | Disposed |
| District court, Pune, Maharashtra | Civil suit | Filed against the company by Coastal Roadways Ltd. | Disposed |
To see the full case history of Siporex India 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.
Credit ratings & regulatory alerts
Siporex India Private Limited was last rated by Icra on 17 Dec 2015.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 17 Dec 2015 |
To see the full credit ratings and regulatory alerts of Siporex India Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Siporex India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Siporex India has 4 GST registrations: 1 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCS4221R2Z0 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Siporex India Private Limited, buy the company report.
Recent activity
Siporex India Private Limited has 21 board changes on record since 1969: 12 appointments and 9 cessations. The latest: Padmaja Vijay Shirke ceased to be Director on 19 Nov 2018.
94 earlier events are in the company report.
Frequently asked questions
Siporex India is an active private limited company based in Pune, Maharashtra, India. The company works in consumer professional services, within the travel and hospitality industry. It was incorporated on 31 March 1969 (57+ years old) and is registered under CIN U26954MH1969PTC014245.
Siporex India has 3 current directors:
- Sanjay Khatau Asher - Director
- Vijay Baburao Shirke - Director
- Jay Vijay Shirke - Director
The latest financial statements of Siporex India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 04 August 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Siporex India is 27AABCS4221R2Z0, registered in Maharashtra. 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 Siporex India is U26954MH1969PTC014245. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Siporex India has 50 court cases on record: 42 filed by the company and 8 filed against it. 4 are pending. Most are in the district courts.
Siporex India was incorporated on 31 March 1969, making it 57+ years old. It is registered with the Registrar of Companies, Pune.
Siporex India has 13 deals on record (12 secondary share transfers, 1 acquisition); the latest was in January 2023.
Padmaja Vijay Shirke ceased to be Director on 19 Nov 2018. Jay Vijay Shirke was appointed as Director on 18 May 2018. Vijay Baburao Shirke was appointed as Director on 18 May 2018. Siporex India has 21 board changes on record in total.
Siporex India can be reached through the website shirkegroup.com. Its registered office is in Pune, Maharashtra, India.