Siti-B&T India Private Limited
About Siti-B&T India Private Limited
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Siti-B&T India Private Limited is a foreign private limited company based in Mumbai, Maharashtra, India, a subsidiary of Siti B & T Group Spa. It operates in the support services segment of the services sector. It was incorporated on 12 June 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U93000MH2013FTC244330. Its GSTIN is 27AATCS2813B1ZE (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹90 Lakh and a paid-up capital of ₹4.41 Lakh. It is led by directors including Juan Antonio Cavilla and Fabio Tarozzi.
Its last annual general meeting (AGM) was held on 12 April 2022, and its latest financial statements are for the year ended 31 March 2020. The registered office is at 503 Midas Chambers Off Andheri Link Road Andheri West, Mumbai, Maharashtra, India – 400053.
As per the financials filed for FY 2020, the company reported a revenue of ₹1.2 Cr, a decline of 33% compared to the previous year. For the same year it recorded a net loss of ₹52.57 Lakh (net margin -43.7%) and EBITDA of -₹52.49 Lakh (EBITDA margin -43.7%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years and 32% over five years.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Siti-B&T 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 Address503 Midas Chambers Off Andheri Link Road Andheri West, Mumbai, Maharashtra, India – 400053
- IndustryService, Other Support Services
To see the full contact details of Siti-B&T 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 activities of Siti-B&T India are trade and support service to organizations. In detail, this covers wholesale trading and other support services to organizations. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | |
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Siti-B&T India Private Limited, buy the company report.
Financials of Siti-B&T India Private Limited
FY 2020 filings availableSiti-B&T India Private Limited reported revenue of ₹1.2 Cr (down 33% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue fell 33% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 32%. 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
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| EBITDA | -₹52.49 Lakh | ||||
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| Net Profit (PAT) | -₹52.57 Lakh | ||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
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| Profitability | |||||
| EBITDA Margin | -43.7% | ||||
| Net Profit Margin | -43.7% | ||||
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To see the full financial statements and ratios of Siti-B&T India Private Limited, buy the company report.
Board of directors of Siti-B&T India Private Limited
Siti-B&T India has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mahesh Balkrishna Shenoy Also directs: Midilan India Private Limited, Lubrimetal India Private Limited, Las Dholera Private Limited and 5 more | Additional Director | 01 Jun 2022 | 4 Years 4 Months | Current |
| Juan Antonio Cavilla | Director | 26 Jul 2013 | 13 Years 3 Months | Current |
| Fabio Tarozzi | Director | 26 Jul 2013 | 13 Years 3 Months | Current |
| Marco Tarozzi | Director | 26 Jul 2013 | 13 Years 3 Months | Current |
Auditor
Siti-B&T India Private Limited is audited by Asit Mehta & Associates for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Asit Mehta & Associates | FY 2017 | 100733W |
Shareholding
The shareholding of Siti-B&T India Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Siti-B&T India Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Siti-B&T 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-B&T India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Siti-B&T India has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AATCS2813B1ZE | Maharashtra | Active | 01 Jul 2017 |
| 24AATCS2813B1ZK | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Siti-B&T India Private Limited, buy the company report.
Recent activity
Siti-B&T India Private Limited has 7 board changes on record since 2013: 4 appointments and 3 cessations. The latest: Mahesh Balkrishna Shenoy was appointed as Additional Director on 01 Jun 2022.
Frequently asked questions
Siti-B&T India is an active foreign private limited company based in Mumbai, Maharashtra, India. The company works in other support services, within the service industry. It was incorporated on 12 June 2013 (13+ years old) and is registered under CIN U93000MH2013FTC244330.
Siti-B&T India has 4 current directors:
- Mahesh Balkrishna Shenoy - Additional Director
- Juan Antonio Cavilla - Director
- Fabio Tarozzi - Director
- Marco Tarozzi - Director
The latest financial statements of Siti-B&T India on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 12 April 2022. Year-wise statements from 2015 are in the company report.
The GSTIN of Siti-B&T India is 27AATCS2813B1ZE, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 24AATCS2813B1ZK (Gujarat).
The CIN (Corporate Identification Number) of Siti-B&T India is U93000MH2013FTC244330. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Siti-B&T India was incorporated on 12 June 2013, making it 13+ years old. It is registered with the Registrar of Companies, Mumbai.
Mahesh Balkrishna Shenoy was appointed as Additional Director on 01 Jun 2022. Vinayak Janu Gawade ceased to be Director on 01 Jun 2022. Manish Ramanlal Tailor ceased to be Additional Director on 22 Jan 2016. Siti-B&T India has 7 board changes on record in total.
The registered office of Siti-B&T India is at 503 Midas Chambers Off Andheri Link Road Andheri West, Mumbai, Maharashtra, India – 400053.
Siti-B&T India operates in the service industry, in the other support services segment.
The compliance status of Siti-B&T India is active non-compliant as of 13 July 2026. The company is actively filing with the Registrar of Companies.