About Sunrise Containers Limited
Data last updated:
Sunrise Containers Limited was a public limited company based in Mumbai, Maharashtra, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the bottle and cap manufacturing segment of the packaging sector. It was incorporated on 23 June 1986.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U28129MH1986PLC040194. The company has 7 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹15 Cr and a paid-up capital of ₹8.91 Cr. It was led by directors including Kanhaiyalal Mannalal Mundhra (Managing Director) and Dwarka Prasad Mundhra.
Its last annual general meeting (AGM) was held on 18 August 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at 405 Acme Industriial Parkoff I B Patel Road Goregaon East, Mumbai, Maharashtra, India – 400063.
As per the financials filed for FY 2017, the company reported a revenue of ₹340.81 Cr, a growth of 13% compared to the previous year. For the same year it recorded a net profit of ₹32.81 Cr (net margin 9.6%) and EBITDA of ₹64.67 Cr (EBITDA margin 19%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 12% over five years.
The company had about 104 employees on its provident fund (EPFO) records before it was dissolved.
As per MCA filings, the company had satisfied charges of ₹79.42 Cr on record. Court records list 18 cases involving the company, including 12 filed by the company and 6 filed against it; 3 cases are pending. The company has 1 deal on record (1 acquisition); the latest was in November 2017.
The last known website on record is sunpet.in.
Company details
CIN history
Sunrise Containers has one previous CIN (Corporate Identification Number): L28129MH1986PLC040194. The current CIN is U28129MH1986PLC040194, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U28129MH1986PLC040194 | Current |
| L28129MH1986PLC040194 | Previous |
Contact details
Sunrise Containers Limited's registered office is in Mumbai, Maharashtra. Its website is sunpet.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address405 Acme Industriial Parkoff I B Patel Road Goregaon East, Mumbai, Maharashtra, India – 400063
- IndustryPackaging, Bottle & Cap Manufacturing
To see the full contact details of Sunrise Containers 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
Financials of Sunrise Containers Limited
FY 2018 filings availableSunrise Containers Limited reported revenue of ₹340.81 Cr (up 13% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 12% over five years, including 13% growth in the latest year. EBITDA rose 10% 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹340.81 Cr | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹64.67 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹32.81 Cr | ||
| Balance Sheet | |||
| Share Capital | |||
| Reserves and Surplus | |||
| Net Worth (Total Equity) | |||
| Long-term Borrowings | |||
| Short-term Borrowings | |||
| Trade Payables | |||
| Total Liabilities | |||
| Fixed Assets | |||
| Investments | |||
| Inventories | |||
| Trade Receivables | |||
| Cash and Bank Balance | |||
| Total Assets | |||
Financial Ratios
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 19% | ||
| Net Profit Margin | 9.6% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
| Liquidity and Debt | |||
| Current Ratio | |||
| Quick Ratio | |||
| Debt-to-Equity Ratio | |||
| Interest Coverage Ratio | |||
| 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 Sunrise Containers Limited, buy the company report.
Board of directors of Sunrise Containers Limited
Sunrise Containers has 6 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dwarka Prasad Mundhra Also directs: M-Pet Containers Private Limited | Director | 12 Dec 1997 | 28 Years 10 Months | As last reported |
| Devkishan Mannalal Mundhra Also directs: C M Mundhra Foundation, Clear Polyplast India Private Limited | Director | 23 Jun 1986 | 40 Years 4 Months | As last reported |
| Sudha Sunil Rathi | Director | 31 Mar 2015 | 11 Years 6 Months | As last reported |
| Rajesh Kumar Jain | Director | 31 Mar 2015 | 11 Years 6 Months | As last reported |
| Kanhaiyalal Mannalal Mundhra | Managing Director | 01 Sep 2015 | 11 Years 1 Months | As last reported |
| Hiteshkumar Kanhaiyalal Mundhra Also directs: Hitesh Plastics Private Limited, Sun Led Products LLP | Additional Director | 23 Nov 2011 | 14 Years 11 Months | As last reported |
Auditor
Sunrise Containers Limited is audited by JAIN VIJAY & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JAIN VIJAY & CO | FY 2017 | 103987W |
Shareholding
The shareholding of Sunrise Containers Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Sunrise Containers Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 Nov 2015 | 10610360 | Citi Bank N.A. | ₹5 Cr | Satisfied | |
| 23 Sep 2015 | 10610363 | Citi Bank N.A. | ₹10 Cr | Satisfied | |
| 30 Oct 2014 | 10582678 | Citi Bank N.A. | ₹8 Cr | Satisfied | |
| 10 May 2012 | 10355452 | Citibank N. A. | ₹10 Cr | Satisfied | |
| 22 Dec 1997 | 90240416 | State Bank of India | ₹46.42 Cr | Satisfied |
To see the full charge records of Sunrise Containers Limited, buy the company report.
Total charge records: 5 View all charges
Deals & funding
Sunrise Containers Limited has 1 deal on record (1 acquisition); the latest was in November 2017.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2017 | Acquisition | ₹531.8 Cr | Buyer: Tpac Packaging India Private Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Sunrise Containers Limited has 18 court cases on record: 12 filed by Sunrise Containers, 6 filed against it. 3 cases are pending and 15 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 14 | 5 | 3 |
| District courts | 4 | 1 | 0 |
Cases on record (5 of 18)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (LPETN) | Filed by the company against Embiotic Laboratories Pvt. Ltd. | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed by the company against Embiotic Laboratories Pvt Ltd | Disposed |
| Bombay High Court | Court case (SS) | Filed by the company against Embiotic Laboratories Pvt. Ltd. | Disposed |
| Bombay High Court | Court case (NMA) | Filed by the company against Us Pharma India Private Ltd | Disposed |
| Bombay High Court | Court case (APP) | Filed by the company against Us Pharma (India ) Private Limited , Thane | Disposed |
To see the full case history of Sunrise Containers 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.
Credit ratings & regulatory alerts
Sunrise Containers Limited was last rated by Icra on 31 Jan 2019.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 31 Jan 2019 |
To see the full credit ratings and regulatory alerts of Sunrise Containers Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Sunrise Containers Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Sunrise Containers Limited has a workforce of 104 employees on its EPFO records as of Apr 09, 2024, across 2 active EPFO establishments.
GST
Sunrise Containers has 7 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 Sunrise Containers Limited, buy the company report.
Recent activity
Sunrise Containers Limited has 9 board changes on record since 1986: 6 appointments and 3 cessations. The latest: Rajesh Kumar Jain ceased to be Additional Director on 28 Sep 2015.
12 earlier events are in the company report.
Frequently asked questions
Sunrise Containers has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Sunrise Containers was a public limited company based in Mumbai, Maharashtra, India. The company worked in bottle and cap manufacturing, within the packaging industry. It was incorporated on 23 June 1986 and is registered under CIN U28129MH1986PLC040194. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Sunrise Containers was incorporated on 23 June 1986. It is registered with the Registrar of Companies, Mumbai.
Sunrise Containers had 6 directors:
- Kanhaiyalal Mannalal Mundhra - Managing Director
- Dwarka Prasad Mundhra - Director
- Devkishan Mannalal Mundhra - Director
- Sudha Sunil Rathi - Director
- Rajesh Kumar Jain - Director
- Hiteshkumar Kanhaiyalal Mundhra - Additional Director
The CIN (Corporate Identification Number) of Sunrise Containers is U28129MH1986PLC040194. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Sunrise Containers is at 405 Acme Industriial Parkoff I B Patel Road Goregaon East, Mumbai, Maharashtra, India – 400063.
Sunrise Containers can be reached through the website sunpet.in. Its registered office is in Mumbai, Maharashtra, India.
The latest financial statements of Sunrise Containers on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 18 August 2018. Year-wise statements from 2015 are in the company report.
No. Sunrise Containers has 7 GST registrations on record and all of them are cancelled or inactive.
Sunrise Containers operated in the packaging industry, in the bottle and cap manufacturing segment.