Suchi Foams Private Limited - manufacturing in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
CIN U17210GJ2005PTC045744 Incorporated 21 March 2005 ROC Ahmedabad HQ Ahmedabad, Gujarat, India
Active Private Limited Company manufacturing MSME · Medium
Data last updated
Revenue · FY 2023
₹58.29 Cr
▲ 229% YoY
Net profit · FY 2023
₹2.14 Cr
Net margin 3.7%
EBITDA · FY 2023
₹8.28 Cr
EBITDA margin 14.2%
Authorised capital
₹3.5 Cr
Registered with MCA
Paid-up capital
₹3.43 Cr
Issued & subscribed
Open charges
₹14 Cr
Satisfied ₹5.2 Cr
Company age
21 yrs
Est. 2005
Employees · EPFO
21
Provident fund records

About Suchi Foams Private Limited

Data last updated:

Suchi Foams Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the construction materials segment of the manufacturing sector. It was incorporated on 21 March 2005 and has been in existence for over 21 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17210GJ2005PTC045744. Its GSTIN is 24AAECM1977D2ZL (Gujarat). The company holds 2 GST registrations, of which 1 is active.

The company has an authorised share capital of ₹3.5 Cr and a paid-up capital of ₹3.43 Cr. It is led by directors including Himanshu Babubhai Amin and Kamlesh Babubhai Amin.

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Office No:1123 11th Floor Swati Crimson And Clover Nr. Shilaj Circle Shilaj, Ahmedabad, Gujarat, India – 380058.

As per the financials filed for FY 2023, the company reported a revenue of ₹58.29 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹2.14 Cr (net margin 3.7%) and EBITDA of ₹8.28 Cr (EBITDA margin 14.2%). Revenue has grown at a compounded annual rate (CAGR) of 31% over five years.

The company has about 21 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Suchi Foams. As per MCA filings, the company has open charges of ₹14 Cr and satisfied charges of ₹5.2 Cr on record. The company has 8 deals on record (7 secondary share transfers, 1 rights issue); the latest was in January 2020.

Suchi Foams Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0010984). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website suchifoams.com.

Company details

CIN U17210GJ2005PTC045744
Registration Number 045744
Incorporation Date 21 March 2005
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-GJ-01-0010984

Recognitions & Rankings of Suchi Foams

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-GJ-01-0010984

Contact details

Suchi Foams Private Limited's registered office is in Ahmedabad, Gujarat. Its website is suchifoams.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    Office No:1123 11th Floor Swati Crimson And Clover Nr. Shilaj Circle Shilaj, Ahmedabad, Gujarat, India – 380058
  • Industry
    Manufacturing, Construction Materials

To see the full contact details of Suchi Foams Private Limited, buy the company report.

Comprehensive company report
Suchi Foams Private 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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Secure checkout · GST invoice included

Brands

Suchi Foams operates one associated brand: Suchi Foams. Each brand links to its own profile.

BrandDescriptionWebsite
Manufacturing and supplying thermal insulated panels and doors for industrial sectors.suchifoams.com

Financials of Suchi Foams Private Limited

FY 2024 filings available

Suchi Foams Private Limited reported revenue of ₹58.29 Cr (up 229% YoY) for FY 2023.

Revenue · FY 2023
₹58.29 Cr ▲ 229%
Net profit · FY 2023
₹2.14 Cr margin 3.7%
EBITDA · FY 2023
₹8.28 Cr margin 14.2%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 229%
5 years · compounded
▲ 31%
EBITDA CAGR growth
1 year
▲ 326%
5 years · compounded
▲ 66%

Revenue has grown at a compounded annual rate (CAGR) of 31% over five years, including 229% growth in the latest year. EBITDA rose 326% 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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹58.29 Cr
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹8.28 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹2.14 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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
EBITDA Margin14.2%
Net Profit Margin3.7%
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 Suchi Foams Private Limited, buy the company report.

Board of directors of Suchi Foams Private Limited

Suchi Foams has 3 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Chetna Amin HimanshubhaiAdditional Director15 Oct 200719 Years 0 MonthsCurrent
Himanshu Babubhai AminDirector21 Mar 200521 Years 7 MonthsCurrent
Kamlesh Babubhai AminDirector21 Mar 200521 Years 7 MonthsCurrent

Auditor

Suchi Foams Private Limited is audited by MUKESH O PARIKH & CO for the financial year 2023.

Auditor firmFinancial yearFirm registration number
MUKESH O PARIKH & COFY 2023038629

Shareholding

The shareholding of Suchi Foams 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Suchi Foams Private Limited, buy the company report.

Charges & borrowings

Open charges
₹14 Cr
Satisfied charges
₹5.2 Cr
Breakdown by lending institutions
Sidbi₹14.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
03 Jan 2020100313711Sidbi₹11 CrOpen
03 Jan 2020100313714Sidbi₹3 CrOpen
08 Jun 201310472550Axis Bank Limited₹1.7 CrSatisfied
15 Oct 200710075925Small Industries Development Bank of India₹3.25 CrSatisfied
22 Jun 200610007892Progressive Merchentile Co Op Bank Ltd₹25 LakhSatisfied

To see the full charge records of Suchi Foams Private Limited, buy the company report.

Total charge records: 5 View all charges

Deals & funding

Suchi Foams Private Limited has 8 deals on record (7 secondary share transfers, 1 rights issue); the latest was in January 2020.

Total deals
8
Secondary share transfers
7
Rights issue
1

Deals on record (5 of 8)

WhenDealAmountParties
Jan 2020Rights issue₹3.85 CrInvestors: Himanshu B. Amin HUF, 3 individuals
Dec 2017Secondary share transferUndisclosedBuyer: an individual
Seller: an individual
Jan 2017Secondary share transferUndisclosedBuyer: 4 individuals
Seller: 4 individuals
Mar 2016Secondary share transferUndisclosedBuyer: 2 individuals
Seller: 2 individuals
Feb 2016Secondary share transferUndisclosedBuyer: an individual
Seller: 2 individuals

To see the full deal history of Suchi Foams Private Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Credit ratings & regulatory alerts

Suchi Foams Private Limited was last rated by Care on 28 Jul 2022.

Rating agencyRated onRating
Care28 Jul 2022

To see the full credit ratings and regulatory alerts of Suchi Foams Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Suchi Foams Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Suchi Foams Private Limited has a workforce of 21 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.

Employee count
21
Active EPFO establishments
1
Employee growth
-8.7%

GST

Suchi Foams has 2 GST registrations: 1 active and 1 cancelled or inactive.

Total GSTINs
2
Active
1
Cancelled / inactive
1
GSTINStateStatusRegistered on
24AAECM1977D2ZLGujaratActive26 Jun 2019

To see the full GST registrations and return filing status of Suchi Foams Private Limited, buy the company report.

Recent activity

Suchi Foams Private Limited has 3 board changes on record since 2005: 3 appointments. The latest: Chetna Amin Himanshubhai was appointed as Additional Director on 15 Oct 2007.

AGM
Suchi Foams Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Suchi Foams Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Charges
A charge with Sidbi amounted to Rs. 11.00 Cr with Charge ID 100313711 was registered on 03 Jan 2020.
Charges
A charge with Sidbi amounted to Rs. 3.00 Cr with Charge ID 100313714 was registered on 03 Jan 2020.
Charges
A charge registered on 08 Jun 2013 via Charge ID 10472550 with Axis Bank Limited was fully satisfied on 07 Sep 2017.
Charges
A charge with Axis Bank Limited amounted to Rs. 1.70 Cr with Charge ID 10472550 was registered on 08 Jun 2013.
Charges
A charge registered on 15 Oct 2007 via Charge ID 10075925 with Small Industries Development Bank Of India was fully satisfied on 22 Mar 2013.
Charges
A charge with Small Industries Development Bank Of India of Rs. 3.25 Cr registered on 15 Oct 2007 with Charge ID 10075925 was modified on 11 Feb 2011.
Charges
A charge with Small Industries Development Bank Of India amounted to Rs. 3.25 Cr with Charge ID 10075925 was registered on 15 Oct 2007.
Appointed
Chetna Amin Himanshubhai was appointed as Additional Director.
Charges
A charge registered on 22 Jun 2006 via Charge ID 10007892 with Progressive Merchentile Co Op Bank Ltd was fully satisfied on 27 Aug 2007.
Charges
A charge with Progressive Merchentile Co Op Bank Ltd amounted to Rs. 0.25 Cr with Charge ID 10007892 was registered on 22 Jun 2006.

3 earlier events are in the company report.

Frequently asked questions

Suchi Foams is an active private limited company based in Ahmedabad, Gujarat, India. The company works in construction materials, within the manufacturing industry. It was incorporated on 21 March 2005 (21+ years old) and is registered under CIN U17210GJ2005PTC045744.

Suchi Foams has 3 current directors:

The latest financial statements of Suchi Foams on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.

The GSTIN of Suchi Foams is 24AAECM1977D2ZL, registered in Gujarat. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.

The CIN (Corporate Identification Number) of Suchi Foams is U17210GJ2005PTC045744. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Suchi Foams was incorporated on 21 March 2005, making it 21+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Suchi Foams has 8 deals on record (7 secondary share transfers, 1 rights issue); the latest was in January 2020.

Chetna Amin Himanshubhai was appointed as Additional Director on 15 Oct 2007. Himanshu Babubhai Amin was appointed as Director on 21 Mar 2005. Kamlesh Babubhai Amin was appointed as Director on 21 Mar 2005.

Yes, Suchi Foams is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-01-0010984).

Suchi Foams can be reached through the website suchifoams.com. Its registered office is in Ahmedabad, Gujarat, India.