Sumeet Industries Limited logo

Sumeet Industries Limited

This company manufactures various polyester products, including yarn, chips, and texturized yarn, for export to multiple countries.

1988 Surat, Gujarat (India) Under Insolvency

The corporate selected is having status as under cirp hence financial data is not available. You may check its last filed documents by making a request.

About

Basic Data Updated:

11 days ago

Sumeet Industries Limited, previously known as Sumeet Synthetics Pvt Ltd, specializes in the production of polyester filament yarn. A wide range of polyester products are offered, including polypropylene yarn, crimped and fully drawn yarn (FDY), partial/pre-oriented yarn (POY), polyester chips, texturized yarn, and dope dyed yarn. The company's POY products are used in various applications such as draw texturizing, air texturizing, draw twisting, and draw warping. Additionally, they offer bright yarn and dope dyed black yarn. The company also provides FOY products, including semi-dull raw white FDY, bright raw white FDY, and super bright dope dyed FDY. Polyester texturized yarns are also available in various filaments and colors, such as 75 Deniers, 100 Deniers, 126 Deniers, and 150 Denie... Read More

Industry

Company Details

  • Location

    Surat, Gujarat, India

  • Website
    1222442
  • Telephone
    1222442
  • Email Address
    1222442
  • Social Media
    1222442
CIN/LLPIN/FCRNL45200GJ1988PLC011049
Company No.011049
Stock Symbol BSE : 514211 NSE : SUMEETINDS
Company ClassificationPublic Limited Indian Non-Government Company
Incorporation Date01 Aug 1988
Date of AGM15 Sep 2022
Date of Balance Sheet31 Mar 2022
Listing StatusListed
ROC CodeRoc Ahmedabad

Products or Services related to Sumeet Industries Limited

Multimesh Column Packing

Chromatography Column

Partially Oriented Yarn

Yarn

Carpet Yarn

Furnishing Yarns

Catalytic Converter

Exhaust System & System Components

product
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Sumeet Industries Limited offers a wide range of products and services, including: Analyzers & Analytical Instruments, Chromatography Column, Yarns & Threads, Yarn, Furnishing Yarns, Air Intakes, Exhaust Systems & Parts, Exhaust System & System Components.

Financials of Sumeet Industries Limited

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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%.

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Corporate Structure

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People in Sumeet Industries Limited

Executive Team (3)

  • SS

    Sumeet Somani In Managing Director

    Appointment Date: 01-Jun-2004

    Status: Current

  • AJ

    Anilkumar Jain In Company Secretary

    Appointment Date: 01-Jan-2008

    Status: Current

  • AP

    Abhishek Prasad In CFO

    Appointment Date: 01-Apr-2017

    Status: Current

Board Members(5)

Charges (Loans)

Open Charges Satisfied Charges

₹1,560.22 cr

₹77.53 cr

LenderAmountStatus

Others

Creation Date: 13 Jan 2017
₹68.23 CrOpen

Canara Bank

Creation Date: 26 Aug 2014
₹8.12 CrOpen

Bank Of Baroda

Creation Date: 17 Oct 2013
₹61.00 CrOpen

Deals i

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Rating

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Alert

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Related Corporates (Common Directorship)

  • Vareli Vankaneda Infrastructure Private Limited

    Vareli Vankaneda Infrastructure Private Limited

    Active build-icon 10 years 3 months

    Sumeet Somani is a mutual person

  • Kalka Advisory Services Private Limited

    Kalka Advisory Services Private Limited

    Active build-icon 12 years 9 months

    Manojkumar Jain is a mutual person

Recent activity within the organization

  • Activity

    Annual General Meeting

    Sumeet Industries Limited last Annual general meeting of members was held on 15 Sep 2022 as per latest MCA records.

    15 Sep 2022
  • Activity

    Balance Sheet

    Sumeet Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Ahmedabad.

    31 Mar 2022
  • Activity

    Charges

    A charge with Others of Rs. 504.43 cr registered on 09 Sep 2005 with Charge ID 90102753 was modified on 11 Jan 2022.

    11 Jan 2022
  • Activity

    Charges

    A charge with Others of Rs. 504.43 cr registered on 04 May 2004 with Charge ID 90099827 was modified on 11 Jan 2022.

    11 Jan 2022
  • Activity

    Charges

    A charge registered on 02 Mar 2017 via Charge ID 100088279 with Others was fully satisfied on 05 Oct 2021.

    05 Oct 2021

Recent News, Updates & Announcement

  • news
    Sumeet Industries lenders ask initial bidder to raise offer.

    Sumeet has been classified as a nonperforming 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 04 Sep 2023

Frequently asked questions

What is the Incorporation or founding date of Sumeet Industries Limited?

Sumeet Industries Limited was incorporated 35 years 9 months ago on 01 Aug 1988 with Registrar of Companies Roc Ahmedabad.

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