Sucon India Limited
About Sucon India Limited
Data last updated:
Sucon India Limited was a public limited company based in Faridabad, Haryana, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the brokerage and trading services segment of the financial services sector. It was incorporated on 09 March 1998.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U19202HR1998PLC055582. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹6.4 Cr and a paid-up capital of ₹4.87 Cr. It was led by directors including Parvesh Kumar (Whole-Time Director) and Monu Goyal.
Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office was at Vill Firozpur Kala P.O. Fatehpur Tagga Ballabgarh, Faridabad, Haryana, India – 121004.
As per the financials filed for FY 2016, the company reported a revenue of ₹279.39 Cr, a decline of 73% compared to the previous year. For the same year it recorded a net loss of ₹4.2 Cr (net margin -1.5%) and EBITDA of -₹2.87 Cr (EBITDA margin -1%).
As per MCA filings, the company had satisfied charges of ₹59.6 Cr on record. Court records list 14 cases involving the company, including 3 filed by the company and 11 filed against it; 5 cases are pending.
Company details
CIN history
Sucon India has one previous CIN (Corporate Identification Number): U19202DL1998PLC092630. The current CIN is U19202HR1998PLC055582, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U19202HR1998PLC055582 | Current |
| U19202DL1998PLC092630 | Previous |
Contact details
Sucon India Limited's registered office is in Faridabad, Haryana. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressVill Firozpur Kala P.O. Fatehpur Tagga Ballabgarh, Faridabad, Haryana, India – 121004
- IndustryFinancial Services, Brokerage & Trading Services
To see the full contact details of Sucon India 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 Sucon India are trade and financial and insurance service. In detail, this covers wholesale trading and other financial activities. 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 | |
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Sucon India Limited, buy the company report.
Financials of Sucon India Limited
FY 2016 filings availableSucon India Limited reported revenue of ₹279.39 Cr (down 73% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue fell 73% in the latest year. EBITDA rose 84% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ₹279.39 Cr | |
| Other Income | ||
| Total Revenue | ||
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | -₹2.87 Cr | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹4.2 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
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -1% | |
| Net Profit Margin | -1.5% | |
| 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 Sucon India Limited, buy the company report.
Board of directors of Sucon India Limited
Sucon India has 5 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Parvesh Kumar | Whole-Time Director | 15 Sep 2007 | 19 Years 1 Months | As last reported |
| Monu Goyal Also directs: Akriti Global Traders Limited | Director | 20 Feb 2015 | 11 Years 8 Months | As last reported |
| Dharam Pal | Director | 10 Sep 2007 | 19 Years 1 Months | As last reported |
| Ashish Kumar Also directs: Akriti Global Traders Limited | Director | 20 Feb 2015 | 11 Years 8 Months | As last reported |
| Kartar | Director | 15 Jun 2013 | 13 Years 4 Months | As last reported |
Peer comparison
Sucon India Limited is compared with the 5 companies closest to it by revenue in the Metals and Minerals industry (Broking Services, Construction Materials Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Jeet Mercantile Private Limited | ₹285.62 Cr (FY 2018) | 5.0% | Mumbai, Maharashtra, India | |||
| Khan Steel Centre Private Limited | ₹284.05 Cr (FY 2025) | 0.0% | Nagpur, Maharashtra, India | |||
| Mohashakti Forging Private Limited | ₹283.56 Cr (FY 2025) | 475.0% | Bhubaneswar, Odisha, India | |||
| Sucon India Limitedthis company | ₹279.39 Cr (FY 2016) | -₹4.2 Cr | -1.5% | -73.0% | Faridabad, Haryana, India | |
| Shankh Trading Private Limited | ₹274.18 Cr (FY 2024) | 656.0% | Lucknow, Uttar Pradesh, India | |||
| Jaykal Exports Private Limited | ₹273.92 Cr (FY 2025) | -24.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Sucon India Limited, buy the company report.
Auditor
Sucon India Limited is audited by Khem Shiv & Associates for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Khem Shiv & Associates | FY 2016 | 019459N |
Shareholding
The shareholding of Sucon India Limited is on record for FY 2016, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2016 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Sucon India Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 Jan 2014 | 10472775 | Srs Finance Limited. | ₹1 Cr | Satisfied | |
| 02 Jan 2014 | 10472489 | Srs Finance Limited. | ₹2.5 Cr | Satisfied | |
| 31 Dec 2013 | 10472490 | Srs Finance Limited. | ₹1.5 Cr | Satisfied | |
| 27 Dec 2013 | 10471209 | Srs Finance Limited. | ₹1.5 Cr | Satisfied | |
| 27 Dec 2013 | 10471204 | Srs Finance Limited. | ₹3 Cr | Satisfied |
To see the full charge records of Sucon India Limited, buy the company report.
Total charge records: 22 View all charges
Legal cases
Sucon India Limited has 14 court cases on record: 3 filed by Sucon India, 11 filed against it. 5 cases are pending and 9 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 9 | 8 | 3 |
| High courts | 4 | 2 | 2 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 14)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Chandigarh | Court case (COMP.APPL(IBC)) | Filed against the company by Sameer Rastogi (Liquidator) SRS Modern Sales Ltd. (Under Liquidation) | Disposed |
| High Court, DELHI | Tax appeal | Filed against the company by The PR. Commissioner of Income Tax, Gurugram | Pending |
| District court, Faridabad, Haryana | Appeal | Filed by the company against an individual | Pending |
| District court, Faridabad, Haryana | Cheque dishonour complaint | Filed against the company by an individual | Pending |
| District court, Faridabad, Haryana | Criminal case | Filed against the company | Pending |
To see the full case history of Sucon India 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 Sucon India Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Sucon India has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Sucon India Limited, buy the company report.
Recent activity
Sucon India Limited has 18 board changes on record since 2007: 5 appointments and 13 cessations. The latest: Ashish Kumar ceased to be Additional Director on 30 Sep 2015.
63 earlier events are in the company report.
Frequently asked questions
Sucon India has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Sucon India was a public limited company based in Faridabad, Haryana, India. The company worked in brokerage and trading services, within the financial services industry. It was incorporated on 09 March 1998 and is registered under CIN U19202HR1998PLC055582. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Sucon India was incorporated on 09 March 1998. It is registered with the Registrar of Companies, Delhi.
Sucon India had 5 directors:
- Parvesh Kumar - Whole-Time Director
- Monu Goyal - Director
- Dharam Pal - Director
- Ashish Kumar - Director
- Kartar - Director
The CIN (Corporate Identification Number) of Sucon India is U19202HR1998PLC055582. 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 Sucon India is at Vill Firozpur Kala P.O. Fatehpur Tagga Ballabgarh, Faridabad, Haryana, India – 121004.
The latest financial statements of Sucon India on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 30 September 2016. Year-wise statements from 2015 are in the company report.
No. Sucon India has 1 GST registration on record and it is cancelled or inactive.
Sucon India operated in the financial services industry, in the brokerage and trading services segment.
The peers of Sucon India by revenue are Jeet Mercantile Private Limited, Khan Steel Centre Private Limited, Mohashakti Forging Private Limited, Shankh Trading Private Limited, Jaykal Exports Private Limited, all in the Metals and Minerals industry (Broking Services, Construction Materials Retail and Distribution), with the same principal business activity (wholesale trading).
Sucon India has 14 court cases on record: 3 filed by the company and 11 filed against it. 5 are pending. Most are in the district courts.