Sumicot Limited - Company Profile

It is a appreal & fashion public limited company based in Surat, Gujarat, India, established in 2010.
2010 Surat, Gujarat, India Active
Last Updated:
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About Sumicot Limited

Sumicot Limited, a active public limited company, was established on 25 November 2010 in Surat, Gujarat, India. Engaging in leather within the manufacturing sector, it holds CIN: U40106GJ2010PLC063028. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹16.00 Cr and a paid-up capital of ₹8.67 Cr.

Formerly known as Sumicot Limited, Sumeet Poly Power Limited. It upholds a compliant status. Employing 119 professional, Its leadership includes Sanjay Mangilal Lahoti (Director), Shiv Kumar (Director), Pragya Daftari (Director). Past directors included Sandhya Manoj Jain, Sumeet Shankarlal Somani, Rajkumar Sitaram Somani. It holds ₹196.37 Cr open charges and ₹309.83 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at Office No. 809, Rajhans Montessa, Dumas Road, Vill.-Magdulla, Surat, Gujarat, 395007.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

Company Details

  • CIN/LLPIN

    U40106GJ2010PLC063028

  • Registration Number

    063028

  • Incorporation Date

    25 November 2010

  • Authorized Capital

    ₹16.00 Cr

  • Paid-Up Capital

    ₹8.67 Cr

  • ROC Code

    Roc Ahmedabad

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 16.00 Cr
  • Paid Up Capital ₹ 8.67 Cr
  • Company Age 15 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 196.37 Cr
  • Satisfied Charges ₹ 309.83 Cr
  • Revenue Growth **** -34.03%
  • Profit Growth **** -87.16%
  • Ebitda **** -63.55%
  • Net Worth 1.65%
  • Total Assets **** 6.74%
Company report

Sumicot Limited

Company Report FY 2026-2027

Comprehensive Company Insights

Explore comprehensive insights into Sumicot 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 Sumicot Limited?
Current Directors
Name Designation Appointment Date Status
Sanjay Mangilal Lahoti Director 30 Nov 2019 Current
Shiv Kumar Director 03 Jul 2024 Current
Pragya Daftari Director 03 Jul 2024 Current
Rakesh Somani Managing Director 25 Nov 2010 Current
Ritesh Rajkumar Somani Director 30 Nov 2019 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 31 Oct 2018 Past
Pramod Abcsdd Director 05 Dec 2019 Past
Pramod Abcsdd Director 05 Dec 2019 Past
Pramod Abcsdd Director 31 Oct 2018 Past
Pramod Abcsdd Director 02 Mar 2013 Past
Pramod Abcsdd Director 02 Mar 2013 Past

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Financial Performance of Sumicot.

Sumicot Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 34.03% decrease. The company also saw a substantial fall in profitability, with a 87.16% decrease in profit. The company's net worth moved up by a moderate rise of 1.65%.

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

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • 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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 -34.03%
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*******
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Revenue from Operations
*******
 -33.84%
*******
*******
*******
*******
Total Assets
*******
 6.74%
*******
*******
*******
*******
Profit or Loss
*******
 -87.16%
*******
*******
*******
*******
Net Worth
*******
 1.65%
*******
*******
*******
*******
EBITDA
*******
 -63.55%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Sumicot?

In 2023, Sumicot had a promoter holding of 90.13% and a public holding of 9.87%. 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

₹1,963,668,200.00

Satisfied Charges

₹3,098,337,730.00

Charges Breakdown by Lending Institutions
  • Axis Bank Limited : 183.05 Cr
  • Standard Chartered Bank : 13.20 Cr
  • Others : 0.12 Cr
Latest Charge Details
Date Lender Amount Status
30 Oct 2025 Axis Bank Limited ₹9.99 Cr Open
24 Jun 2025 Standard Chartered Bank ₹12.00 Cr Open
29 May 2025 Standard Chartered Bank ₹1.20 Cr Open
17 Jan 2025 Axis Bank Limited ₹5.16 Cr Open
06 Sep 2024 Axis Bank Limited ₹67.63 Cr Open

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How Many Employees Work at Sumicot?

Sumicot has a workforce of 119 employees as of Mar 29, 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 Sumicot, 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 Sumicot'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 Sumicot
Recent Activity within the Organization
  • Charges

    The activity A charge with Axis Bank Limited amounted to Rs. 9.99 Cr with Charge ID 101195718 was registered on 30 Oct 2025. was completed.

  • Charges

    The activity A charge with Standard Chartered Bank amounted to Rs. 12.00 Cr with Charge ID 101120357 was registered on 24 Jun 2025. was completed.

  • Charges

    A charge with Standard Chartered Bank amounted to Rs. 1.20 Cr with Charge ID 101119353 was registered on 29 May 2025. was recorded as a recent event.

  • Charges

    Progress on A charge with Axis Bank Limited amounted to Rs. 5.16 Cr with Charge ID 101055378 was registered on 17 Jan 2025. was documented.

  • Charges

    A charge registered on 28 Oct 2021 via Charge ID 100501157 with Standard Chartered Bank was fully satisfied on 17 Oct 2024. was recorded as a recent event.

  • Annual General Meeting

    The activity Sumicot Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was completed.

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Frequently Asked Questions
What is the CIN of Sumicot Limited?

The CIN of Sumicot Limited is U40106GJ2010PLC063028.

Where is Sumicot Limited headquartered?

Sumicot Limited is headquartered at Office No. 809, Rajhans Montessa, Dumas Road, Vill.-Magdulla, Surat, Gujarat, 395007.

When was Sumicot Limited incorporated?

Sumicot Limited was incorporated on 25 November 2010.

Who are the current directors of Sumicot Limited?

The current directors of Sumicot Limited are

What is the primary industry of Sumicot Limited?

The primary industry of Sumicot Limited is Manufacturing.

Is Sumicot Limited a listed company?

Sumicot Limited is unlisted.

What is the capital structure of Sumicot Limited?

The authorized capital of Sumicot Limited is ₹16.00 Cr, and the paid-up capital is ₹8.67 Cr.

What is the compliance status of Sumicot Limited?

The compliance status of Sumicot Limited is Compliant.

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