About Sudar Industries Limited
Data last updated:
Sudar Industries Limited is a public limited company based in Khalapur, Maharashtra, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the industrial chemicals segment of the chemicals and materials sector. It was incorporated on 28 January 2002.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L74999MH2002PLC134707. The company has 2 GST registrations on record, none of which is active. It is recorded as listed by MCA, but its shares were delisted from NSE on 11 Sep 2018 · compulsory delisting and from BSE on 21 Aug 2018 · compulsory delisting, and no longer trade on a stock exchange.
The company has an authorised share capital of ₹50 Cr and a paid-up capital of ₹22.5 Cr. It was formerly known as Sudar Garments Limited. It is led by directors including Murugan Muthiah Thevar (Managing Director) and Srinivas Gurpur Kamath (Whole-Time Director).
Its last annual general meeting (AGM) was held on 26 September 2014, and its latest financial statements are for the year ended 31 March 2014. The registered office is at Plot No.27 & 29 Village Paud Mazgaon Road Taluka: Khalapur, Maharashtra, India – 410222.
As per the financials filed for FY 2015, the company reported a revenue of ₹944.46 Cr, a growth of 2% compared to the previous year.
The company is associated with 1 brand: Sudar Industries. As per MCA filings, the company has open charges of ₹741.3 Cr and satisfied charges of ₹99.1 Cr on record. Court records list 56 cases involving the company, including 7 filed by the company and 49 filed against it; 6 cases are pending. The company has 56 deals on record (55 market trades, 1 ipo); the latest was in March 2016. Its 10 peer companies in the Manufacturing industry (Industrial Chemicals, Textiles) are compared by revenue, 5 larger and 5 smaller; the largest is Snf(India) Private Limited with revenue of ₹972.75 Cr.
The last known website on record is sudarindustries.com.
Company details
CIN history
Sudar Industries has 3 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L74999MH2002PLC134707, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L74999MH2002PLC134707 | Current |
| U18101MH2002PLC134707 | Previous |
| L18101MH2002PLC134707 | Previous |
| U18101MH2002PTC134707 | Previous |
Contact details
Sudar Industries Limited's registered office is in Khalapur, Maharashtra.
- Registered AddressPlot No.27 & 29 Village Paud Mazgaon Road Taluka: Khalapur, Maharashtra, India – 410222
- IndustryChemicals and Materials, Industrial Chemicals
- 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
Brands
Sudar Industries operates one associated brand: Sudar Industries. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Garments and apparel are contract manufactured, distributed, and exported. | sudarindustries.com |
Financials of Sudar Industries Limited
FY 2014 filings availableSudar Industries Limited reported revenue of ₹944.46 Cr (up 2% YoY) for FY 2015.
Compounded Annual Growth Rate (CAGR)
Revenue rose 2% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
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Financial Ratios
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To see the full financial statements and ratios of Sudar Industries Limited, buy the company report.
Board of directors of Sudar Industries Limited
Sudar Industries has 3 current directors and 21 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Murugan Muthiah Thevar | Managing Director | 28 Jan 2002 | 24 Years 8 Months | As last reported |
| Srinivas Gurpur Kamath | Whole-Time Director | 13 Aug 2013 | 13 Years 2 Months | As last reported |
| Yogita Balakrishna Shetty | Director | 31 Mar 2015 | 11 Years 6 Months | As last reported |
Peer comparison
Sudar Industries Limited is compared with the 10 companies closest to it by revenue in the Manufacturing industry (Industrial Chemicals, Textiles), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Snf(India) Private Limited | ₹972.75 Cr (FY 2025) | 4.0% | Visakhapatnam, Andhra Pradesh, India | |||
| Radnik Exports Global Private Limited | ₹954.05 Cr (FY 2025) | 149.0% | New Delhi, Delhi, India | |||
| Hindprakash Chemicals Private Limited | ₹947.74 Cr (FY 2024) | -2.0% | Ahmedabad, Gujarat, India | |||
| Luckyyarn Tex India Private Limited | ₹945.17 Cr (FY 2025) | 19.0% | Erode, Tamil Nadu, India | |||
| Procter & Gamble Health Limited | ₹944.52 Cr (FY 2025) | Mumbai, Maharashtra, India | ||||
| Sudar Industries Limitedthis company | ₹944.46 Cr (FY 2015) | 2.0% | Khalapur, Maharashtra, India | |||
| Kewalram Textiles Private Limited | ₹939.41 Cr (FY 2025) | 38.0% | Ahmedabad, Gujarat, India | |||
| K K P Spinning Mills Private Limited | ₹932.78 Cr (FY 2025) | 17.0% | Namakkal, Tamil Nadu, India | |||
| A.R. Stanchem Pvt. Ltd. | ₹929.24 Cr (FY 2025) | 26.0% | Kolkata, West Bengal, India | |||
| Kikani Exports Private Limited | ₹925.47 Cr (FY 2025) | -20.0% | Tamil Nadu, India | |||
| Donear Industries Limited | ₹920.98 Cr (FY 2025) | 14.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Sudar Industries Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Jan 2015 | 10553806 | Sbicap Trustee Company Limited | ₹268.57 Cr | Open | |
| 09 Dec 2014 | 10540624 | Central Bank of India | ₹6.5 Cr | Open | |
| 30 Sep 2014 | 10530213 | Union Bank of India | ₹3 Cr | Open | |
| 09 Sep 2014 | 10524176 | Punjab National Bank | ₹10 Cr | Open | |
| 26 May 2014 | 10512524 | Bank of India | ₹20 Cr | Open |
To see the full charge records of Sudar Industries Limited, buy the company report.
Total charge records: 28 View all charges
Deals & funding
Sudar Industries Limited has 56 deals on record (55 market trades, 1 ipo); the latest was in March 2016.
Deals on record (5 of 56)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2016 | Market trade | ₹18.9 Lakh | Buyer: Uno Metals Ltd Seller: 3 individuals |
| Jan 2016 | Market trade | ₹7.5 Lakh | Seller: Akg Finvest Private Limited |
| Nov 2015 | Market trade | ₹5.2 Lakh | Seller: Uno Metals Ltd |
| Jun 2015 | Market trade | ₹15 Lakh | Seller: Fortune Gilts Private Limited |
| May 2013 | Market trade | ₹20.6 Lakh | Seller: Paisalo Digital Limited |
To see the full deal history of Sudar Industries 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
Sudar Industries Limited has 56 court cases on record: 7 filed by Sudar Industries, 49 filed against it. 6 cases are pending and 50 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 39 | 37 | 4 |
| High courts | 17 | 12 | 2 |
Cases on record (5 of 56)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, North Goa, Goa | Original application | Filed against the company by M/S Aparanta Minerals Pvt. Ltd. | Pending |
| High Court | Court case (EC) | Filed against the company by Withal Commercial Pvt. Ltd. | Disposed |
| Bombay High Court | Court case (AUA) | Filed against the company by Royalline Resources Ltd., Rep. THR Its Aut. Sig., and Anr., | Disposed |
| Bombay High Court | Appeal | Filed against the company by Royalline Resources Ltd., Rep. THR Its Aut. Sig., and Anr., | Disposed |
| District court, South Goa, Goa | Arbitration matter | Filed by the company against Royalline Resources Ltd., | Disposed |
To see the full case history of Sudar Industries 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 Sudar Industries Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Sudar Industries has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Sudar Industries Limited, buy the company report.
Recent activity
Sudar Industries Limited has 43 board changes on record since 2002: 23 appointments and 20 cessations. The latest: Anand Chimaji Kadam ceased to be Director on 06 Jan 2016.
77 earlier events are in the company report.
Frequently asked questions
Sudar Industries is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Sudar Industries is a company under liquidation, formerly operating as a public limited company based in Khalapur, Maharashtra, India. The company works in industrial chemicals, within the chemicals and materials industry. It was incorporated on 28 January 2002 and is registered under CIN L74999MH2002PLC134707. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Sudar Industries has 3 current directors:
- Murugan Muthiah Thevar - Managing Director
- Srinivas Gurpur Kamath - Whole-Time Director
- Yogita Balakrishna Shetty - Director
The latest financial statements of Sudar Industries on record with the MCA are for the year ended 31 March 2014. Its last annual general meeting was held on 26 September 2014. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Sudar Industries is L74999MH2002PLC134707. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sudar Industries is recorded as a listed company by MCA, but its shares were delisted from NSE on 11 Sep 2018 · compulsory delisting and from BSE on 21 Aug 2018 · compulsory delisting, and no longer trade on a stock exchange.
Sudar Industries has open charges of ₹741.3 Cr and satisfied charges of ₹99.1 Cr as per latest MCA filings.
Sudar Industries has 56 court cases on record: 7 filed by the company and 49 filed against it. 6 are pending. Most are in the district courts.
Sudar Industries was incorporated on 28 January 2002. It is registered with the Registrar of Companies, Mumbai.
Sudar Industries has 56 deals on record (55 market trades, 1 ipo); the latest was in March 2016.
The peers of Sudar Industries by revenue are Snf(India) Private Limited, Radnik Exports Global Private Limited, Hindprakash Chemicals Private Limited, Luckyyarn Tex India Private Limited, Procter & Gamble Health Limited and 5 more, all in the Manufacturing industry (Industrial Chemicals, Textiles).