Suman Agritech Limited
About Suman Agritech Limited
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Suman Agritech Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the edible oils and cooking fats segment of the food and beverages sector. It was incorporated on 03 November 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51900MH1995PLC094158. The company has 6 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹25 Cr and a paid-up capital of ₹3 Cr. It was formerly known as Mirage Impex Private Limited and Suman Agritech Private Limited. It is led by directors including Ajit Lalwani and Abhishek Lalwani.
Its last annual general meeting (AGM) was held on 29 July 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at Room No. 4 Anna Bhuvan 3rd Floor 87C Devji Ratansi Marg Dana Bunder, Mumbai, Maharashtra, India – 400009.
As per the financials filed for FY 2019, the company reported a revenue of ₹28.14 Lakh, a decline of 100% compared to the previous year. For the same year it recorded a net loss of ₹5.06 Cr and EBITDA of -₹1.32 Cr (EBITDA margin -470.7%). Revenue has declined at a compounded annual rate (CAGR) of 88% over three years and 74% over five years.
The company has about 5 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹134.5 Cr on record. Court records list 7 cases involving the company, including 1 filed by the company and 6 filed against it; 2 cases are pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Name history
Suman Agritech has undergone 3 name changes throughout its history. The company was previously known as Mirage Impex Private Limited, Suman Agritech Private Limited, and Mirage Impex Limited. The current legal name is Suman Agritech Limited.
| Company Name | Status |
|---|---|
| Suman Agritech Limited | Current |
| Mirage Impex Private Limited | Previous |
| Suman Agritech Private Limited | Previous |
| Mirage Impex Limited | Previous |
CIN history
Suman Agritech has one previous CIN (Corporate Identification Number): U51900MH1995PTC094158. The current CIN is U51900MH1995PLC094158, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51900MH1995PLC094158 | Current |
| U51900MH1995PTC094158 | Previous |
Contact details
Suman Agritech Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressRoom No. 4 Anna Bhuvan 3rd Floor 87C Devji Ratansi Marg Dana Bunder, Mumbai, Maharashtra, India – 400009
- IndustryFood and Beverages, Edible Oils & Cooking Fats
To see the full contact details of Suman Agritech 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 activity of Suman Agritech is manufacturing. In detail, this covers food, beverages and tobacco products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C1 | Food, beverages and tobacco products |
To see the full business activity and turnover split of Suman Agritech Limited, buy the company report.
Financials of Suman Agritech Limited
FY 2019 filings availableSuman Agritech Limited reported revenue of ₹28.14 Lakh (down 100% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 74% over five years. EBITDA rose 74% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹28.14 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹1.32 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹5.06 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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| Investments | |||||
| Inventories | |||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -470.7% | ||||
| Net Profit Margin | |||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| 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 Suman Agritech Limited, buy the company report.
Board of directors of Suman Agritech Limited
Suman Agritech has 3 current directors and 22 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ajit Lalwani Also directs: Sterling Structurals Limited, Jain Ispat Business Private Limited, Indore Rolling Mills Pvt Ltd and 2 more | Director | 12 Jun 2024 | 2 Years 4 Months | Current |
| Abhishek Lalwani Also directs: Sterling Structurals Limited, Anjana Ispat Private Limited, Feather Infracon Private Limited and 2 more | Director | 12 Jun 2024 | 2 Years 4 Months | Current |
| Ramprakash Verma Also directs: Sarthak Global Limited | Director | 01 Jul 2024 | 2 Years 3 Months | Current |
Auditor
Suman Agritech Limited is audited by S N KABRA & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S N KABRA & CO | FY 2019 | 003439C |
Shareholding
The shareholding of Suman Agritech Limited is on record for 5 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Suman Agritech Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Nov 2010 | 10260003 | Idbi Bank Ltd | ₹134.5 Cr | Satisfied |
To see the full charge records of Suman Agritech Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Suman Agritech Limited has 7 court cases on record: 1 filed by Suman Agritech, 6 filed against it. 2 cases are pending and 5 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 2 | 0 |
| District courts | 2 | 2 | 2 |
| Supreme Court | 1 | 1 | 0 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Bhojpur, Bihar | Civil suit | Filed against the company by an individual | Pending |
| District court, Bhojpur, Bihar | Civil suit | Filed against the company by an individual | Pending |
| Supreme Court | Court case (1006-Company Law, Mrtp, Trai, Sebi, Idrai & Rbi : Others) | Filed against the company by an individual | Disposed |
| High Court | Court case (CWJC) | Filed against the company by an individual | Disposed |
| NCLT, Mumbai | Insolvency matter | Filed against the company by Allahabad Bank | Disposed |
To see the full case history of Suman Agritech 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 Suman Agritech Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Suman Agritech Limited has a workforce of 5 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
Suman Agritech has 6 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 Suman Agritech Limited, buy the company report.
Recent activity
Suman Agritech Limited has 22 board changes on record since 2007: 3 appointments and 19 cessations. The latest: Murari Krishna ceased to be Director on 25 Mar 2025.
15 earlier events are in the company report.
Frequently asked questions
Suman Agritech is an active public limited company based in Mumbai, Maharashtra, India. The company works in edible oils and cooking fats, within the food and beverages industry. It was incorporated on 03 November 1995 (31+ years old) and is registered under CIN U51900MH1995PLC094158.
Suman Agritech has 3 current directors:
- Ajit Lalwani - Director
- Abhishek Lalwani - Director
- Ramprakash Verma - Director
The latest financial statements of Suman Agritech on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 29 July 2019. Year-wise statements from 2015 are in the company report.
No. Suman Agritech has 6 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Suman Agritech is U51900MH1995PLC094158. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Suman Agritech has 7 court cases on record: 1 filed by the company and 6 filed against it. 2 are pending. Most are in the high courts.
Suman Agritech was incorporated on 03 November 1995, making it 31+ years old. It is registered with the Registrar of Companies, Mumbai.
Murari Krishna ceased to be Director on 25 Mar 2025. Abhishek Lalwani ceased to be Additional Director on 29 Sep 2024. Ajit Lalwani ceased to be Additional Director on 29 Sep 2024. Suman Agritech has 22 board changes on record in total.
The registered office of Suman Agritech is at Room No. 4 Anna Bhuvan 3rd Floor 87C Devji Ratansi Marg Dana Bunder, Mumbai, Maharashtra, India – 400009.
Suman Agritech operates in the food and beverages industry, in the edible oils and cooking fats segment.