Sitex India Private Limited
About Sitex India Private Limited
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Sitex India Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the brokerage and trading services segment of the financial services sector. It was incorporated on 12 August 1977 and has been in existence for over 49 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U17120MH1977PTC019798. Its GSTIN is 27AAACS7463G1Z7 (Maharashtra).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹10 Lakh. It was formerly known as Siraj Sons Private Limited. It is led by directors including Hitesh Vrajlal Siraj and Maneka Hitesh Siraj.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 26 Gobind Mahal 86B N. S. Road Marine Drive, Mumbai, Maharashtra, India – 400002.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.68 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹2.78 Cr (net margin 75.6%) and EBITDA of ₹3.22 Cr (EBITDA margin 87.6%). Revenue has grown at a compounded annual rate (CAGR) of 22% over three years and 2% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Sitex India Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address26 Gobind Mahal 86B N. S. Road Marine Drive, Mumbai, Maharashtra, India – 400002
- IndustryFinancial Services, Brokerage & Trading Services
To see the full contact details of Sitex 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
Financials of Sitex India Private Limited
FY 2025 filings availableSitex India Private Limited reported revenue of ₹3.68 Cr (up 708% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 2% over five years, including 708% growth 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 |
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| EBITDA | ₹3.22 Cr | ||||
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| Net Profit (PAT) | ₹2.78 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 87.6% | ||||
| Net Profit Margin | 75.6% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Sitex India Private Limited, buy the company report.
Board of directors of Sitex India Private Limited
Sitex India has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hitesh Vrajlal Siraj Also directs: Karma Energy Limited, Weizmann Limited, Ram Krishna Iron Works Private Limited and 5 more | Director | 09 Jun 1992 | 34 Years 4 Months | Current |
| Maneka Hitesh Siraj Also directs: RHMM Enterprises Limited, Purvaja Projects Private Limited | Director | 10 May 2021 | 5 Years 5 Months | Current |
| Mansi Hitesh Siraj Also directs: RHMM Enterprises Limited, Purvaja Projects Private Limited | Director | 10 May 2021 | 5 Years 5 Months | Current |
Peer comparison
Sitex India Private Limited is compared with the 10 companies closest to it by revenue in the Consumer Products industry (Textile Retail and Distribution), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sazelo Fabrics Private Limited | ₹3.69 Cr (FY 2025) | 157.0% | New Delhi, Delhi, India | |||
| Life Line Impex India Private Limited | ₹3.69 Cr (FY 2025) | 102.0% | New Delhi, Delhi, India | |||
| Rajesh Bag International Private Limited | ₹3.69 Cr (FY 2025) | 26.0% | New Delhi, Delhi, India | |||
| Naveen Prints Private Limited | ₹3.69 Cr (FY 2024) | -29.0% | Surat, Gujarat, India | |||
| Vidya Infrastructure Private Limited | ₹3.68 Cr (FY 2025) | -66.0% | New Delhi, Delhi, India | |||
| Sitex India Private Limitedthis company | ₹3.68 Cr (FY 2025) | ₹2.78 Cr | 75.6% | 708.0% | Mumbai, Maharashtra, India | |
| Sukhmani Sudarshan Sarees Private Limited | ₹3.68 Cr (FY 2024) | -32.0% | Kolkata, West Bengal, India | |||
| Baijal Synthetics Private Limited | ₹3.68 Cr (FY 2025) | 11.0% | Lucknow, Uttar Pradesh, India | |||
| Shree Giriraj Exim Private Limited | ₹3.68 Cr (FY 2025) | 0.0% | Haryana, India | |||
| Ortex (India) Exim Private Limited | ₹3.68 Cr (FY 2025) | 1.0% | Hatkanangle, Maharashtra, India | |||
| Sai Simrun Designers Private Limited | ₹3.67 Cr (FY 2025) | -26.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Sitex India Private Limited, buy the company report.
Auditor
Sitex India Private Limited is audited by SHETH & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHETH & ASSOCIATES | FY 2023 | 110040W |
Shareholding
The shareholding of Sitex 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 Sitex India Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Sitex India Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Sitex India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Sitex India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACS7463G1Z7 | Maharashtra | Active | 27 May 2024 |
To see the full GST registrations and return filing status of Sitex India Private Limited, buy the company report.
Recent activity
Sitex India Private Limited has 8 board changes on record since 1992: 3 appointments and 5 cessations. The latest: Maneka Hitesh Siraj ceased to be Additional Director on 30 Nov 2021.
Frequently asked questions
Sitex India is an active private limited company based in Mumbai, Maharashtra, India. The company works in brokerage and trading services, within the financial services industry. It was incorporated on 12 August 1977 (49+ years old) and is registered under CIN U17120MH1977PTC019798.
Sitex India has 3 current directors:
- Hitesh Vrajlal Siraj - Director
- Maneka Hitesh Siraj - Director
- Mansi Hitesh Siraj - Director
The latest financial statements of Sitex India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Sitex India is 27AAACS7463G1Z7, registered in Maharashtra.
The CIN (Corporate Identification Number) of Sitex India is U17120MH1977PTC019798. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sitex India was incorporated on 12 August 1977, making it 49+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Sitex India by revenue are Sazelo Fabrics Private Limited, Life Line Impex India Private Limited, Rajesh Bag International Private Limited, Naveen Prints Private Limited, Vidya Infrastructure Private Limited and 5 more, all in the Consumer Products industry (Textile Retail and Distribution).
Maneka Hitesh Siraj ceased to be Additional Director on 30 Nov 2021. Mansi Hitesh Siraj ceased to be Additional Director on 30 Nov 2021. Chetan Durgadas Mehra ceased to be Director on 10 May 2021. Sitex India has 8 board changes on record in total.
The registered office of Sitex India is at 26 Gobind Mahal 86B N. S. Road Marine Drive, Mumbai, Maharashtra, India – 400002.
Sitex India operates in the financial services industry, in the brokerage and trading services segment.
The compliance status of Sitex India is compliant as of 05 August 2026. The company is actively filing with the Registrar of Companies.
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