About Sumicot Limited
Data last updated: 06 January 2026
Sumicot Limited is a public limited company based in Surat, Gujarat, India. It specialises in leather, a part of the broader apparel and fashion sector. Incorporated on 25 November 2010, the company has been in operation for over 16 years.
Registered with ROC Ahmedabad under CIN U40106GJ2010PLC063028.
Capital: an authorised share capital of ₹16 Cr and a paid-up capital of ₹8.67 Cr. Formerly known as Sumicot Limited and Sumeet Poly Power Limited. It is led by directors including Rakesh Somani and Sanjay Mangilal Lahoti.
Last AGM: 30 September 2024. Financial statements filed for year ended 31 March 2024. Office: Office No. 809 Rajhans Montessa Dumas Road Vill. – Magdulla, Surat, Gujarat, India – 395007.
As per the financials filed for FY 2024, the company reported a revenue of ₹238.83 Cr, a decline of 2% compared to the previous year.
The company has a workforce of approximately 119 employees as per the latest available data.
The company is associated with 1 brand - Sumicot Limited. As per MCA filings, the company has open charges of ₹196.37 Cr and satisfied charges of ₹309.83 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sumicot.com.
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Registered AddressOffice No. 809 Rajhans Montessa Dumas Road Vill. – Magdulla, Surat, Gujarat, India – 395007
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IndustryAppreal & Fashion, Leather, Textile, Apparel
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
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Name History of Sumicot Limited
Sumicot Limited has undergone 2 name changes throughout its history. The company was previously known as Sumicot Limited, and Sumeet Poly Power Limited. The current legal name is Sumicot Limited, reflecting the company's evolution and rebranding over time.
| Company Name | Status |
|---|---|
| Sumicot Limited | Current |
| Sumeet Poly Power Limited | Previous |
Associated Brands with Sumicot Limited
Sumicot Limited operates one associated brand: Sumicot Limited. These brands represent Sumicot Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Cotton yarn manufacturing and fabric production in India. | sumicot.com |
Business Activity of Sumicot Limited
Sumicot Limited is engaged in the principal business activity of manufacturing, with detailed activities including textile, leather and other apparel products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products | Locked |
Business activity turnover details for Sumicot Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
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Auditor Details of Sumicot Limited
Sumicot Limited is audited by B CHORDIA & CO for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| B CHORDIA & CO | Locked | Locked | Locked |
Complete auditor history for Sumicot Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
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Board of Directors of Sumicot Limited
Sumicot Limited is currently managed by 5 directors, with 8 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
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Rakesh Somani
Also directs:
Fs Wealth Management Llp, Longevity Vision Llp, Sumicot Apparels Private Limited and 5 more
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Managing Director | 25 Nov 2010 | 15 Years 8 Months | Current |
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Sanjay Mangilal Lahoti
Also directs:
Polycoat India Private Limited, Akashganga Processors Private Limited, Sanjay Polytex Private Limited and 1 more
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Director | 30 Nov 2019 | 6 Years 8 Months | Current |
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Ritesh Rajkumar Somani
Also directs:
Bhoomeka Processors Private Limited, Rakesh Industries Private Limited, Sumeet Silk Processors Pvt Ltd and 5 more
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Director | 30 Nov 2019 | 6 Years 8 Months | Current |
| Pragya Daftari | Director | 03 Jul 2024 | 2 Years 1 Months | Current |
| Shiv Kumar | Director | 03 Jul 2024 | 2 Years 1 Months | Current |
Financials of Sumicot Limited FY 2024 filings available
Sumicot Limited reported revenue of ₹238.83 Cr (down 2.00% YoY) for FY 2024.
Ten-year financial statements for Sumicot Limited
Historical statement values and trend charts require an active report plan.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
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Ownership and Shareholding of Sumicot Limited
Shareholding and ownership data for Sumicot Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
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Charges & Borrowings of Sumicot Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Oct 2025 | Axis Bank Limited | ₹9.99 Cr | Open |
| 24 Jun 2025 | Standard Chartered Bank | ₹12 Cr | Open |
| 29 May 2025 | Standard Chartered Bank | ₹1.2 Cr | Open |
| 17 Jan 2025 | Axis Bank Limited | ₹5.16 Cr | Open |
| 06 Sep 2024 | Axis Bank Limited | ₹67.63 Cr | Open |
Total charge records: 13 View all charges
Employees and EPFO Compliance at Sumicot Limited
Sumicot Limited has a workforce of 119 employees as of Mar 29, 2024.
Employee and EPFO history for Sumicot Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
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GST Compliance of Sumicot Limited
GST registrations and filing compliance for Sumicot Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
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Credit Ratings, Litigation & Regulatory Alerts for Sumicot Limited
Credit ratings, litigation, and regulatory alerts for Sumicot Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
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MSME Payment Delays by Sumicot Limited
MSME payment history for Sumicot Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
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Subsidiaries & Group Companies of Sumicot Limited
Corporate group structure for Sumicot Limited
Parent, subsidiary, associate, joint venture, and ownership records require an active report plan.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
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MCA Filings & Documents of Sumicot Limited
MCA filings and documents for Sumicot Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
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Recent Activity on Sumicot Limited
Frequently Asked Questions about Sumicot Limited
Sumicot Limited is an active public limited company in the appreal and fashion sector based in Surat, Gujarat, India. It was incorporated on 25 November 2010 (16+ years old) and is registered under CIN U40106GJ2010PLC063028. The company has 119 employees.
Sumicot Limited reported revenue of ₹238.83 Cr for FY 2024 (down 2.00% YoY).
The current directors of Sumicot Limited are:
- Rakesh Somani - Managing Director
- Sanjay Mangilal Lahoti - Director
- Ritesh Rajkumar Somani - Director
- Pragya Daftari - Director
- Shiv Kumar - Director
The primary industry of Sumicot Limited is apparel and fashion. The company specifically operates in leather. The company is currently active in this sector.
Sumicot Limited can be reached at the registered office: Office No. 809 Rajhans Montessa Dumas Road Vill. – Magdulla, Surat, Gujarat, India – 395007, or through the website sumicot.com.
The authorised capital is ₹16 Cr, and the paid-up capital is ₹8.67 Cr.