Suramex Private Limited
About Suramex Private Limited
Data last updated:
Suramex Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the real estate financing segment of the financial services sector. It was incorporated on 28 March 1985 and has been in existence for over 41 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U74900MH1985PTC035770. Its GSTIN is 27AACCS3637A1ZP (Maharashtra).
The company has an authorised share capital of ₹1.05 Cr and a paid-up capital of ₹1.04 Cr. It was formerly known as Suramex Exim Private Limited and Suramex Exim Pvt Ltd. It is led by directors including Sucheta Bhusan Chitnis and Ashutosh Vinayak Oke.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Supreme Headquarters 9th Floor Survey No. 36 Pune Bangalore Highway Baner, Maharashtra, India – 411045.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.66 Cr, a decline of 16% compared to the previous year. For the same year it recorded a net profit of ₹22.37 Lakh (net margin 8.4%) and EBITDA of ₹1.87 Cr (EBITDA margin 70.2%). Revenue has declined at a compounded annual rate (CAGR) of 9% over three years and 7% over five years.
Court records list 7 cases involving the company, including 5 filed by the company and 2 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Name History
Suramex has undergone 2 name changes throughout its history. The company was previously known as Suramex Exim Private Limited, and Suramex Exim Pvt Ltd. The current legal name is Suramex Private Limited.
| Company Name | Status |
|---|---|
| Suramex Private Limited | Current |
| Suramex Exim Private Limited | Previous |
| Suramex Exim Pvt Ltd | Previous |
CIN History
Suramex has one previous CIN (Corporate Identification Number): U51909MH1985PTC035770. The current CIN is U74900MH1985PTC035770, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74900MH1985PTC035770 | Current |
| U51909MH1985PTC035770 | Previous |
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressSupreme Headquarters 9th Floor Survey No. 36 Pune Bangalore Highway Baner, Maharashtra, India – 411045
- IndustryFinancial Services, Real Estate Financing
- 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
- One PDF report, delivered after checkout
Business Activity
The main business activities of Suramex are real estate activities and administrative and support service activities. In detail, this covers real estate activities and office administrative, office support and other business support activities. 2 activity segments are registered with the MCA.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| L | Real estate activities | 68 | Real estate activities | Locked |
| N | Administrative and support service activities | 82 | Office administrative, office support and other business support activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Financials of Suramex Private Limited
FY 2025 filings availableSuramex Private Limited reported revenue of ₹2.66 Cr (down 16% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 7% over five years, including a 16% fall in the latest year. EBITDA rose 7% 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 2024-25 | FY 2020-21 to FY 2023-24in the company report |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | •••• | |
| Other Income | •••• | |
| Total Revenue | •••• | |
| Cost of Materials Consumed | •••• | |
| Employee Benefit Expense | •••• | |
| Finance Costs | •••• | |
| Depreciation and Amortisation | •••• | |
| Other Expenses | •••• | |
| Total Expenses | •••• | |
| EBITDA | ₹1.87 Cr | |
| Profit Before Tax | •••• | |
| Tax Expense | •••• | |
| Net Profit (PAT) | ₹22.37 Lakh | |
| 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 2024-25 | FY 2020-21 to FY 2023-24in the company report |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 70.2% | |
| Net Profit Margin | 8.4% | |
| 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 | •••• | |
Paid data: the figures shown as dots, and every line for FY 2020-21 to FY 2023-24, are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Suramex are in the company report.
: available in the company report
Board of Directors of Suramex Private Limited
Suramex has 3 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sucheta Bhusan Chitnis | Director | 31 Mar 2014 | 12 Years 6 Months | Current |
| Ashutosh Vinayak Oke Also directs: Helirides Aviation Private Limited | Director | 31 Mar 2014 | 12 Years 6 Months | Current |
| Sudhir Rajaram Pitre Also directs: Leafland Agro Tourism Private Limited, Garware Fulflex India Private Limited, Garware Healthcare India Private Limited and 1 more | Director | 07 Mar 2018 | 8 Years 7 Months | Current |
Peer Comparison
Suramex Private Limited is compared with the companies closest to it by revenue in the Real Estate industry (Real Estate Leasing, Real Estate Marketing), with the same principal business activity (real estate activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| M S Shops Private Limited | ₹2.67 Cr (FY 2025) | •••• | •••• | -25.0% | •••• | Mumbai, Maharashtra, India |
| Propspace Square Private Limited | ₹2.66 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | Mumbai, Maharashtra, India |
| Suramex Private Limited this company | ₹2.66 Cr (FY 2025) | •••• | •••• | -16.0% | •••• | Pune, Maharashtra, India |
| Sandstone Properties Private Limited | ₹2.66 Cr (FY 2025) | •••• | •••• | 149.0% | •••• | Mumbai, Maharashtra, India |
| Amh Buildwell Private Limited | ₹2.66 Cr (FY 2025) | •••• | •••• | 843.0% | •••• | Moradabad, Uttar Pradesh, India |
Peers are the companies nearest to Suramex by revenue, above and below it, in the Real Estate industry (Real Estate Leasing, Real Estate Marketing), with the same principal business activity (real estate activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details
Suramex Private Limited is audited by Messrs P.G. Bhagwat for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Messrs P.G. Bhagwat | Locked | Locked | Locked |
: available in the company report
Ownership and Shareholding
: available in the company report
Charges & Borrowings
Suramex Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases
Suramex Private Limited has 7 court cases on record: 5 filed by Suramex, 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 2 | 0 |
| High courts | 2 | 0 | 0 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai Small Causes Court, Maharashtra | Court case (RAD) | Filed by the company against Garware Capital Markets Limited | Disposed |
| District court, Mumbai Small Causes Court, Maharashtra | Court case (Revision) | Filed by the company against Ms. Garware Capital Markets Ltd. and 3 others | Disposed |
| District court, Pune, Maharashtra | Civil suit | Filed against the company by an individual | Disposed |
| Bombay High Court | Court case (CSD) | Filed by the company | Disposed |
| Bombay High Court | Court case (CSP) | Filed by the company | Disposed |
: available in 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.
Employees and EPFO Compliance
Employment history and EPFO contributions of people linked to Suramex.
: available in the company report
Group Structure
Suramex has 1 associated company. This group structure data is as of FY 2022. The table lists each entity with its relationship and holding.
Recent Activity
Suramex Private Limited has 14 board changes on record since 2012: 3 appointments and 11 cessations. The latest: Sudhir Rajaram Pitre ceased to be Additional Director on 24 Sep 2018.
5 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts
: available in the company report
MSME Payment Delays
: available in the company report
Subsidiaries & Group Companies
: available in the company report
GST Compliance
Suramex has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCS3637A1ZP | Maharashtra | Active | 01 Jul 2017 |
: available in the company report
MCA Filings & Documents
: available in the company report
Frequently Asked Questions
Suramex is an active private limited company based in Pune, Maharashtra, India. The company works in real estate financing, within the financial services industry. It was incorporated on 28 March 1985 (41+ years old) and is registered under CIN U74900MH1985PTC035770.
Suramex has 3 current directors:
- Sucheta Bhusan Chitnis - Director
- Ashutosh Vinayak Oke - Director
- Sudhir Rajaram Pitre - Director
The latest financial statements of Suramex on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Suramex is 27AACCS3637A1ZP, registered in Maharashtra.
The CIN (Corporate Identification Number) of Suramex is U74900MH1985PTC035770. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Suramex has 7 court cases on record: 5 filed by the company and 2 filed against it. Most are in the district courts.
Suramex was incorporated on 28 March 1985, making it 41+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Suramex by revenue are M S Shops Private Limited, Propspace Square Private Limited, Sandstone Properties Private Limited, Amh Buildwell Private Limited, all in the Real Estate industry (Real Estate Leasing, Real Estate Marketing), with the same principal business activity (real estate activities).
Sudhir Rajaram Pitre ceased to be Additional Director on 24 Sep 2018. Sudhir Rajaram Pitre was appointed as Director on 07 Mar 2018. Ashutosh Vinayak Oke ceased to be Additional Director on 28 May 2014. Suramex has 14 board changes on record in total.
The registered office of Suramex is at Supreme Headquarters 9th Floor Survey No. 36 Pune Bangalore Highway Baner, Maharashtra, India – 411045.
Suramex operates in the financial services industry, in the real estate financing segment.