Sumeet Industries Limited - Company Profile

It is a manufacturing public limited company based in Surat, Gujarat, India, established in 1988.
1988 Surat, Gujarat, India Active
Last Updated:
About Sumeet Industries Limited

Sumeet Industries Limited, a active public limited company, was established on 01 August 1988 in Surat, Gujarat, India. Engaging in textile & fabric production within the manufacturing sector, it holds CIN: L45200GJ1988PLC011049. Registered under ROC Roc Ahmedabad. it is listed on BSE: 514211 and NSE: SUMEETINDS. It has an authorized capital of ₹175.00 Cr and a paid-up capital of ₹133.27 Cr.

Formerly known as Sumeet Synthetics Limited, Sumeet Synthetics Private Limited. It upholds a compliant status. In 2022, it reported revenue of ₹914.50 Cr and a net worth of ₹25.74 Cr. Employing 281 professional, Its leadership includes Anil Kumar Sumermal Jain (Company Secretary), Vikashkumar Kamalsingh Chandaliya (Director), Saurav Santosh Dugar (Director). Past directors included Sumeet Shankarlal Somani, Devi Prasad Saboo, Rajkumar Sitaram Somani. It holds ₹551.48 Cr open charges and ₹1,568.61 Cr settled loans. Its latest AGM occurred on 30 August 2025, with the balance sheet filed on 31 March 2025. It is based at 504 Trividhchamrersopp Fire Station Ring Road, Surat, Gujarat, 395002.

Company Details
  • Email
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  • Telephone

    +91-XXXXXXXXXX

  • Website
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  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    L45200GJ1988PLC011049

  • Registration Number

    011049

  • Incorporation Date

    01 August 1988

  • Authorized Capital

    ₹175.00 Cr

  • Paid-Up Capital

    ₹133.27 Cr

  • ROC Code

    Roc Ahmedabad

  • Listing Status

    Listed (BSE: 514211, NSE: SUMEETINDS)

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 175.00 Cr
  • Paid Up Capital ₹ 133.27 Cr
  • Company Age 37 Year, 6 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 551.48 Cr
  • Satisfied Charges ₹ 1,568.61 Cr
  • Revenue Growth **** 58.56%
  • Profit Growth **** 142.55%
  • Ebitda **** 42.85%
  • Net Worth 19.32%
  • Total Assets -4.23%
Company report

Sumeet Industries Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Sumeet Industries Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Sumeet Industries Limited?
Current Directors
Name Designation Appointment Date Status
Anil Kumar Sumermal Jain Company Secretary 01 Jan 2008 Current
Vikashkumar Kamalsingh Chandaliya Director 06 Jun 2020 Current
Saurav Santosh Dugar Director 28 Oct 2020 Current
Prachi Gandhi Ankur Director 09 Jan 2025 Current
Rohan Dipakbhai Modh Whole-Time Director 09 Jan 2025 Current
Radheshyam Bhawarlal Jaju Director 05 Aug 2024 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Whole-Time Director 30 Sep 2017 Past
Pramod Abcsdd Director 24 Apr 2015 Past
Pramod Abcsdd Managing Director 21 Aug 2012 Past
Pramod Abcsdd Director 21 Aug 2012 Past
Pramod Abcsdd Additional Director 17 Sep 2020 Past
Pramod Abcsdd Additional Director 14 Sep 2021 Past

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Financial Performance of Sumeet Industries.

Sumeet Industries Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 58.56% increase. The company also saw a substantial improvement in profitability, with a 142.55% increase in profit. The company's net worth Soared by an impressive increase of 19.32%.

Sumeet Industries revenue growth over time
Sumeet Industries profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
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58.56%
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Revenue from Operations
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55.70%
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Total Assets
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-4.23%
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Profit or Loss
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142.55%
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Net Worth
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19.32%
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EBITDA
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42.85%
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What is the Ownership and Shareholding Structure of Sumeet Industries?

In 2021, Sumeet Industries had a promoter holding of 21.67% and a public holding of 78.32%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹5,514,843,457.00

Satisfied Charges

₹15,686,084,000.00

Charges Breakdown by Lending Institutions
  • Others : 168.00 Cr
  • Axis Bank Limited : 164.34 Cr
  • Hdfc Bank Limited : 150.91 Cr
  • Kbc Bank Deutschland Ag : 68.24 Cr
Latest Charge Details
Date Lender Amount Status
20 Jan 2025 Others ₹70.00 Cr Open
20 Jan 2025 Hdfc Bank Limited ₹50.00 Cr Open
20 Jan 2025 Axis Bank Limited ₹70.00 Cr Open
12 Dec 2024 Hdfc Bank Limited ₹100.00 Cr Open
24 Oct 2024 Axis Bank Limited ₹94.34 Cr Open

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How Many Employees Work at Sumeet Industries?

Sumeet Industries has a workforce of 281 employees as of Apr 01, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Sumeet Industries, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Sumeet Industries's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Sumeet Industries
Recent Activity within the Organization
  • Annual General Meeting

    Progress on Sumeet Industries Limited last Annual general meeting of members was held on 30 Aug 2025 as per latest MCA records. was documented.

  • Charges

    Progress on A charge with Others of Rs. 98.00 Cr registered on 26 Sep 2024 with Charge ID 100987871 was modified on 12 Aug 2025. was documented.

  • Charges

    The activity A charge with Axis Bank Limited of Rs. 94.34 Cr registered on 24 Oct 2024 with Charge ID 101000111 was modified on 17 Jun 2025. was completed.

  • Charges

    Progress on A charge with Hdfc Bank Limited of Rs. 100.00 Cr registered on 12 Dec 2024 with Charge ID 101017260 was modified on 26 May 2025. was documented.

  • Balance Sheet

    Progress on Sumeet Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad. was documented.

  • Charges

    A charge with Others amounted to Rs. 70.00 Cr with Charge ID 101043776 was registered on 20 Jan 2025. was recorded as a recent event.

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Recent News, Updates & Announcement
  • Sumeet Industries news update on market trends
    Sumeet Industries' lenders ask initial bidder to raise offer.

    Sumeet has been classified as a non-performing account (NPA) with banks for more than three years. It owes lenders led by the Bank of Baroda (BoB) more than ₹900 crore including about ₹530 crore in principal. Lenders expect to recover at least 47% of their principal dues by asking Gajera to better its offer..

    Economic Times

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Frequently Asked Questions
What is the CIN of Sumeet Industries Limited?

The CIN of Sumeet Industries Limited is L45200GJ1988PLC011049.

Where is Sumeet Industries Limited headquartered?

Sumeet Industries Limited is headquartered at 504 Trividhchamrersopp Fire Station Ring Road, Surat, Gujarat, 395002.

When was Sumeet Industries Limited incorporated?

Sumeet Industries Limited was incorporated on 01 August 1988.

Who are the current directors of Sumeet Industries Limited?

The current directors of Sumeet Industries Limited are

What is the primary industry of Sumeet Industries Limited?

The primary industry of Sumeet Industries Limited is Manufacturing.

Is Sumeet Industries Limited a listed company?

Sumeet Industries Limited is listed. It is listed on BSE: 514211 and NSE: SUMEETINDS.

What is the capital structure of Sumeet Industries Limited?

The authorized capital of Sumeet Industries Limited is ₹175.00 Cr, and the paid-up capital is ₹133.27 Cr.

What is the compliance status of Sumeet Industries Limited?

The compliance status of Sumeet Industries Limited is Compliant.

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