MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-25-0006718
Sorich Foils Limited - packaging in Sarigam, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹40.11 Cr
▲ 122% YoY
Net profit · FY 2025
₹1.56 Cr
Net margin 3.9%
EBITDA · FY 2025
₹3.15 Cr
EBITDA margin 7.9%
Authorised capital
₹18 Cr
Registered with MCA
Paid-up capital
₹15.5 Cr
Issued & subscribed
Open charges
₹4.5 Cr
Satisfied ₹1.19 Cr
Company age
15 yrs
Est. 2011
Employees · EPFO
7
Provident fund records
About Sorich Foils Limited
Data last updated:
Sorich Foils Limited is a public limited company based in Sarigam, Gujarat, India. It operates in the packaging films and foils segment of the packaging sector. It was incorporated on 19 January 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U27203GJ2011PLC063709. Its GSTIN is 24AAPCS3091P1ZN (Gujarat).
The company has an authorised share capital of ₹18 Cr and a paid-up capital of ₹15.5 Cr. It was formerly known as Sorich Foils Private Limited. It is led by directors including Chandrahas Babu Kotian (Managing Director) and Sradhanjali Barik.
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 Sarigam, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹40.11 Cr, a growth of 122% compared to the previous year. For the same year it recorded a net profit of ₹1.56 Cr (net margin 3.9%) and EBITDA of ₹3.15 Cr (EBITDA margin 7.9%). Revenue has grown at a compounded annual rate (CAGR) of 36% over three years and 10% over five years.
The company has about 7 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Sorich Foils. As per MCA filings, the company has open charges of ₹4.5 Cr and satisfied charges of ₹1.19 Cr on record. Court records list 25 cases involving the company, including 9 filed by the company and 16 filed against it; 2 cases are pending. The company has 10 deals on record (5 funding rounds, 3 rights issues, 2 secondary share transfers), with disclosed funding of ₹41.4 Cr; the latest was in November 2024.
Sorich Foils Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-25-0006718). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sorichfoils.in.
Company details
CIN U27203GJ2011PLC063709
Registration Number 063709
Incorporation Date 19 January 2011
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-25-0006718
CIN history
Sorich Foils has one previous CIN (Corporate Identification Number): U27203GJ2011PTC063709. The current CIN is U27203GJ2011PLC063709, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U27203GJ2011PLC063709 | Current |
| U27203GJ2011PTC063709 | Previous |
Key People
Chandrahas Babu Kotian Managing Director Sradhanjali Barik Director Dhrumil Prabhubhai Patel Director Recognitions & Rankings of Sorich Foils
Contact details
Sorich Foils Limited's registered office is in Sarigam, Gujarat. Its website is sorichfoils.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressShedno.3 Survey No.66/Paikee – 8 B/H A.B.Rolling Mills Village Manda Sa, Rigam, Sarigam, Gujarat, India – 396155
- IndustryPackaging, Packaging Films & Foils
To see the full contact details of Sorich Foils Limited, buy the company report.
Comprehensive company report
Sorich Foils Limited - one report that includes everything
- 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
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Brands
Sorich Foils operates one associated brand: Sorich Foils. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Pharma and flexible packaging materials manufacturing in Gujarat. | sorichfoils.in |
Business activity
The main business activity of Sorich Foils is manufacturing. In detail, this covers wood and wood products, furniture, paper and paper products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C3 | Wood and wood products, furniture, paper and paper products |
To see the full business activity and turnover split of Sorich Foils Limited, buy the company report.
Financials of Sorich Foils Limited
FY 2025 filings availableSorich Foils Limited reported revenue of ₹40.11 Cr (up 122% YoY) for FY 2025.
Revenue · FY 2025
₹40.11 Cr ▲ 122%
Net profit · FY 2025
₹1.56 Cr margin 3.9%
EBITDA · FY 2025
₹3.15 Cr margin 7.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 122%
3 years · compounded
▲ 36%
5 years · compounded
▲ 10%
EBITDA CAGR growth
1 year
▲ 2%
3 years · compounded
▲ 51%
5 years · compounded
▲ 14%
Revenue has grown at a compounded annual rate (CAGR) of 10% over five years, including 122% growth in the latest year. EBITDA rose 2% 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 | ₹3.15 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.56 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.9% | ||||
| Net Profit Margin | 3.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Sorich Foils Limited, buy the company report.
Board of directors of Sorich Foils Limited
Sorich Foils has 5 current directors and 18 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sradhanjali Barik Also directs: Hugrass Private Limited, Skyline Dynamics Private Limited | Director | 28 Aug 2025 | 1 Years 2 Months | Current |
| Dhrumil Prabhubhai Patel | Director | 17 Jan 2022 | 4 Years 9 Months | Current |
| Vikhil Gangadhar Kotian Also directs: Modern Sorich Private Limited, Coating Excellence Private Limited | Director | 15 Apr 2024 | 2 Years 6 Months | Current |
| Chandrahas Babu Kotian Also directs: Safe Blister Pharma Private Limited | Managing Director | 19 Jan 2011 | 15 Years 9 Months | Current |
| Brijesh Vijaybhai Patel | Director | 28 Aug 2025 | 1 Years 2 Months | Current |
Auditor
Sorich Foils Limited is audited by P R DESAI & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P R DESAI & CO. | FY 2023 | 116214W |
Shareholding
The shareholding of Sorich Foils 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 Sorich Foils Limited, buy the company report.
Charges & borrowings
Open charges
₹4.5 Cr
Satisfied charges
₹1.19 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Mar 2013 | 10424621 | Bank of India | ₹4.5 Cr | Open | |
| 03 May 2017 | 100110626 | Tata Capital Financial Services Limited | ₹50 Lakh | Satisfied | |
| 11 May 2011 | 10289272 | Indian Overseas Bank | ₹68.78 Lakh | Satisfied |
To see the full charge records of Sorich Foils Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Sorich Foils Limited has 10 deals on record (5 funding rounds, 3 rights issues, 2 secondary share transfers), with disclosed funding of ₹41.4 Cr; the latest was in November 2024.
Total deals
10
Funding rounds
5
Rights issues
3
Secondary share transfers
2
Disclosed funding
₹41.4 Cr
Deals on record (5 of 10)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2024 | Funding round | ₹22.86 Cr | Investors: Yash Shares and Stock Private Limited , 3 individuals |
| Mar 2024 | Funding round | ₹9.7 Cr | Investors: Mi Lifestyle Marketing Global Private Limited , 3 individuals |
| Nov 2023 | Funding round | ₹2.25 Cr | Investors: Durgesh Laui Chheda Huf, 3 individuals |
| Mar 2023 | Secondary share transfer | Undisclosed | Buyer: Zeus Shelters Private Limited , 3 individuals Seller: 2 individuals |
| Jun 2022 | Rights issue | ₹60 Lakh | Investors: an individual |
To see the full deal history of Sorich Foils 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
Sorich Foils Limited has 25 court cases on record: 9 filed by Sorich Foils, 16 filed against it. 2 cases are pending and 23 are disposed.
Total cases
25
Filed by the company
9
Filed against the company
16
Pending
2
Disposed
23
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 23 | 15 | 2 |
| High courts | 2 | 1 | 0 |
Cases on record (5 of 25)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Ecl Finance Limited. | Pending |
| District court, New Delhi, Delhi | Cheque dishonour complaint | Filed against the company by Moneywise Financial Services Pvt Ltd | Disposed |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Edelweiss Housing Finance Limited. | Disposed |
| Bombay High Court | Company petition | Filed by the company against Sharp Industries Ltd. | Disposed |
| District court, Ahmedabad, Gujarat | Court case (SMST R) | Filed against the company by Endeavour Instrument Pvt Ltd Prop. - Rjnikant R Desai | Disposed |
To see the full case history of Sorich Foils 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 Sorich Foils Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Sorich Foils Limited has a workforce of 7 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
Employee count
7
Active EPFO establishments
1
Employee growth
16.67%
GST
Sorich Foils has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAPCS3091P1ZN | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Sorich Foils Limited, buy the company report.
Recent activity
Sorich Foils Limited has 22 board changes on record since 2011: 5 appointments and 17 cessations. The latest: Brijesh Vijaybhai Patel ceased to be Additional Director on 29 Sep 2025.
AGM
Sorich Foils Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Ceased
Brijesh Vijaybhai Patel ceased to be Additional Director.
Ceased
Sradhanjali Barik ceased to be Additional Director.
Appointed
Brijesh Vijaybhai Patel was appointed as Director.
Appointed
Sradhanjali Barik was appointed as Director.
Filing
Sorich Foils Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Ceased
Vikhil Gangadhar Kotian ceased to be Additional Director.
Charges
A charge registered on 03 May 2017 via Charge ID 100110626 with Tata Capital Financial Services Limited was fully satisfied on 13 Sep 2024.
Appointed
Vikhil Gangadhar Kotian was appointed as Director.
Ceased
Dhrumil Prabhubhai Patel ceased to be Additional Director.
Appointed
Dhrumil Prabhubhai Patel was appointed as Director.
Ceased
Patel Pankajbhai Lalubhai ceased to be Additional Director.
20 earlier events are in the company report.
Frequently asked questions
Sorich Foils is an active public limited company based in Sarigam, Gujarat, India. The company works in packaging films and foils, within the packaging industry. It was incorporated on 19 January 2011 (15+ years old) and is registered under CIN U27203GJ2011PLC063709.
Sorich Foils has 5 current directors:
- Chandrahas Babu Kotian - Managing Director
- Sradhanjali Barik - Director
- Dhrumil Prabhubhai Patel - Director
- Vikhil Gangadhar Kotian - Director
- Brijesh Vijaybhai Patel - Director
The latest financial statements of Sorich Foils 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 Sorich Foils is 24AAPCS3091P1ZN, registered in Gujarat.
The CIN (Corporate Identification Number) of Sorich Foils is U27203GJ2011PLC063709. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sorich Foils has 25 court cases on record: 9 filed by the company and 16 filed against it. 2 are pending. Most are in the district courts.
Sorich Foils was incorporated on 19 January 2011, making it 15+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Sorich Foils has 10 deals on record (5 funding rounds, 3 rights issues, 2 secondary share transfers), with disclosed funding of ₹41.4 Cr; the latest was in November 2024.
Brijesh Vijaybhai Patel ceased to be Additional Director on 29 Sep 2025. Sradhanjali Barik ceased to be Additional Director on 29 Sep 2025. Brijesh Vijaybhai Patel was appointed as Director on 28 Aug 2025. Sorich Foils has 22 board changes on record in total.
Yes, Sorich Foils is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-25-0006718).