About Siti Gear India Private Limited
Data last updated:
Siti Gear India Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the auto parts and components segment of the automotive sector. It was incorporated on 06 October 2009.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U31400MH2009PTC196243. Its GSTIN is 27AAOCS6238F1Z0 (Maharashtra).
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹2 Lakh. It was led by directors Rishi Shyamsundar Makharia and Rajrani Shyamsunder Makharia.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office was at 101 Mumbai Samachar Marg Fort, Maharashtra, India – 400001.
As per the financials filed for FY 2021, the company reported a revenue of ₹12.34 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹3.34 Lakh (net margin 27.1%) and EBITDA of ₹3.56 Lakh (EBITDA margin 28.9%). Revenue has declined at a compounded annual rate (CAGR) of 29% over three years and 25% over five years.
The last known website on record is makharia.in.
Company details
Contact details
Siti Gear India Private Limited's registered office is in Mumbai, Maharashtra. Its website is makharia.in. Its e-mail address is in the company report.
- Email
- Website
- Registered Address101 Mumbai Samachar Marg Fort, Maharashtra, India – 400001
- IndustryAutomotive, Auto Parts & Components
To see the full contact details of Siti Gear 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
Business activity
The main business activity of Siti Gear India is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Siti Gear India Private Limited, buy the company report.
Financials of Siti Gear India Private Limited
FY 2021 filings availableSiti Gear India Private Limited reported revenue of ₹12.34 Lakh (up 723% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue rose 723% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 25%. EBITDA rose 307% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹12.34 Lakh | ||||
| Other Income | |||||
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| Total Expenses | |||||
| EBITDA | ₹3.56 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.34 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 28.9% | ||||
| Net Profit Margin | 27.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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| Revenue Growth | |||||
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To see the full financial statements and ratios of Siti Gear India Private Limited, buy the company report.
Board of directors of Siti Gear India Private Limited
Siti Gear India has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rishi Shyamsundar Makharia | Director | 06 Oct 2009 | 17 Years 1 Months | As last reported |
| Rajrani Shyamsunder Makharia | Director | 06 Oct 2009 | 17 Years 1 Months | As last reported |
Auditor
Siti Gear India Private Limited is audited by N H GAJRIA & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N H GAJRIA & CO | FY 2021 | 102928W |
Shareholding
The shareholding of Siti Gear India Private Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Siti Gear India Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Siti Gear 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 Siti Gear India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Siti Gear India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAOCS6238F1Z0 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Siti Gear India Private Limited, buy the company report.
Recent activity
Siti Gear India Private Limited has 2 board changes on record since 2009: 2 appointments. The latest: Rajrani Shyamsunder Makharia was appointed as Director on 06 Oct 2009.
Frequently asked questions
Siti Gear India has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Siti Gear India was a private limited company based in Mumbai, Maharashtra, India. The company worked in auto parts and components, within the automotive industry. It was incorporated on 06 October 2009 and is registered under CIN U31400MH2009PTC196243. The company has been struck off by the Registrar of Companies and is no longer operational.
Siti Gear India had 2 directors:
- Rishi Shyamsundar Makharia - Director
- Rajrani Shyamsunder Makharia - Director
The CIN (Corporate Identification Number) of Siti Gear India is U31400MH2009PTC196243. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Siti Gear India is at 101 Mumbai Samachar Marg Fort, Maharashtra, India – 400001.
Siti Gear India was incorporated on 06 October 2009. It is registered with the Registrar of Companies, Mumbai.
Siti Gear India can be reached through the website makharia.in. Its registered office is in Mumbai, Maharashtra, India.
The latest financial statements of Siti Gear India on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
The GSTIN of Siti Gear India is 27AAOCS6238F1Z0, registered in Maharashtra.
Siti Gear India operated in the automotive industry, in the auto parts and components segment. It worked in this industry before it was struck off.
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