Suremi Trading Private Limited
About Suremi Trading Private Limited
Data last updated:
Suremi Trading Private Limited was a private 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 textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 10 May 1978.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U65990MH1978PTC020335. Its GSTIN is 27AAACS5620B1ZU (Maharashtra). The company held 2 GST registrations, of which 1 is active.
The company had an authorised share capital of ₹4.89 Cr and a paid-up capital of ₹1.04 Cr. It was formerly known as Suremi Investments Private Limited. It was led by directors including Vipul Bhagwandas Popat and Niraj Mankad.
Its last annual general meeting (AGM) was held on 16 June 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office was at D1 Sindhu Housenanabhat Lane, Mumbai, Maharashtra, India – 400020.
As per the financials filed for FY 2020, the company reported a revenue of ₹10.86 Cr, a decline of 46% compared to the previous year. For the same year it recorded a net profit of ₹6.63 Cr (net margin 61.1%) and EBITDA of ₹6.77 Cr (EBITDA margin 62.3%). Revenue has declined at a compounded annual rate (CAGR) of 42% over three years and 3% over five years.
The company had about 2 employees on its provident fund (EPFO) records before it was dissolved. Its group structure included 2 subsidiaries.
As per MCA filings, the company had satisfied charges of ₹95 Cr on record. Court records list 4 cases involving the company, including 1 filed by the company and 3 filed against it. The company has 18 deals on record (12 secondary share transfers, 6 funding rounds), with disclosed funding of ₹42.55 Cr; the latest was in March 2020. Its 3 peer companies in the Consumer Products industry (Textile Retail and Distribution), with the same principal business activity (wholesale trading) are compared by revenue, 1 larger and 2 smaller; the largest is Aden Marketing Private Limited with revenue of ₹10.91 Cr.
Company details
Contact details
Suremi Trading Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressD1 Sindhu Housenanabhat Lane, Mumbai, Maharashtra, India – 400020
- IndustryHome & Lifestyle, Textile Retail & Distribution
To see the full contact details of Suremi Trading Private 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
Business activity
The main business activities of Suremi Trading are trade and financial and insurance service. In detail, this covers wholesale trading and other financial activities. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | |
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Suremi Trading Private Limited, buy the company report.
Financials of Suremi Trading Private Limited
FY 2020 filings availableSuremi Trading Private Limited reported revenue of ₹10.86 Cr (down 46% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 3% over five years, including a 46% fall in the latest year. EBITDA rose 89% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
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| EBITDA | ₹6.77 Cr | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹6.63 Cr | ||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 62.3% | ||||
| Net Profit Margin | 61.1% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Suremi Trading Private Limited, buy the company report.
Board of directors of Suremi Trading Private Limited
Suremi Trading has 3 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vipul Bhagwandas Popat | Director | 21 Feb 2018 | 8 Years 8 Months | As last reported |
| Niraj Mankad Also directs: Koi Properties LLP, Kruger Properties LLP, Navin Fluorine International Limited and 4 more | Director | 25 Aug 1998 | 28 Years 1 Months | As last reported |
| Rajendra Ramakant Likhite Also directs: Ubiquity Consumer Technologies Private Limited | Director | 18 Jan 2017 | 9 Years 9 Months | As last reported |
Peer comparison
Suremi Trading Private Limited is compared with the 3 companies closest to it by revenue in the Consumer Products industry (Textile Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Aden Marketing Private Limited | ₹10.91 Cr (FY 2017) | 627.0% | New Delhi, Delhi, India | |||
| Suremi Trading Private Limitedthis company | ₹10.86 Cr (FY 2020) | ₹6.63 Cr | 61.1% | -46.0% | 2 | Mumbai, Maharashtra, India |
| Ess Gee Enterprises Private Limited | ₹10.82 Cr (FY 2025) | -19.0% | Kolkata, West Bengal, India | |||
| Saraf Expo Fashions Private Limited | ₹10.79 Cr (FY 2025) | -23.0% | New Delhi, Delhi, India |
To see the full peer comparison of Suremi Trading Private Limited, buy the company report.
Auditor
Suremi Trading Private Limited is audited by M A PARIKH & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M A PARIKH & CO | FY 2018 | 107556W |
Shareholding
The shareholding of Suremi Trading Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Suremi Trading Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Oct 2019 | 100299317 | Others | ₹10 Cr | Satisfied | |
| 24 Dec 2018 | 100234252 | Hdfc Bank Limited | ₹10 Cr | Satisfied | |
| 30 Nov 2018 | 100231439 | Others | ₹14.5 Cr | Satisfied | |
| 11 Aug 2016 | 100048548 | Others | ₹45 Cr | Satisfied | |
| 29 Nov 2005 | 80039459 | Uti Bank Limited | ₹15.5 Cr | Satisfied |
To see the full charge records of Suremi Trading Private Limited, buy the company report.
Total charge records: 5 View all charges
Deals & funding
Suremi Trading Private Limited has 18 deals on record (12 secondary share transfers, 6 funding rounds), with disclosed funding of ₹42.55 Cr; the latest was in March 2020.
Deals on record (5 of 18)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2019 | Secondary share transfer | Undisclosed | Buyer: Sushripada Investments Private Limited , an individual Seller: Mafatlal Industries Limited , Krishnadeep Engineers Private Limited, Trillium Ventures Private Limited , an individual |
| Feb 2019 | Secondary share transfer | Undisclosed | Seller: Kanji Forex Private Limited |
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Mafatlal Exim Private Limited , Aspen Impex Private Limited |
| Feb 2015 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Shripad Associates Private Limited |
| Apr 2013 | Secondary share transfer | Undisclosed | Buyer: Mafatlal Industries Limited , Kanji Forex Private Limited Seller: Sushmita Holdings Ltd , Vibhadeep Investments And Trading Limite D, Mishapar Investments Limited |
To see the full deal history of Suremi Trading Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Suremi Trading Private Limited has 4 court cases on record: 1 filed by Suremi Trading, 3 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 3 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Tax appeal | Filed against the company by Commissioner of Income Tax-5 | Disposed |
| Bombay High Court | Court case (CSP) | Filed by the company against an individual | Disposed |
| Bombay High Court | Tax appeal | Filed against the company by The Commissioner of Income Tax 5, | Disposed |
| Bombay High Court | Tax appeal | Filed against the company by The Commissioner of Income Tax 5 | Disposed |
To see the full case history of Suremi Trading Private 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Suremi Trading Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Suremi Trading has 2 subsidiary companies and 2 associated companies. This group structure data is as of FY 2018. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Krishanadeep Engeneers Private Limited | U28990MH1979PTC021751 | |
| Arvi Associates Private Limited | U51101MH2007PTC167501 |
To see the full group structure of Suremi Trading Private Limited, buy the company report.
Employees & EPFO
Suremi Trading Private Limited has a workforce of 2 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Suremi Trading has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACS5620B1ZU | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Suremi Trading Private Limited, buy the company report.
Recent activity
Suremi Trading Private Limited has 11 board changes on record since 1998: 3 appointments and 8 cessations. The latest: Vipul Bhagwandas Popat ceased to be Additional Director on 29 Sep 2018.
12 earlier events are in the company report.
Frequently asked questions
Suremi Trading 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.
Suremi Trading was a private limited company based in Mumbai, Maharashtra, India. The company worked in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 10 May 1978 and is registered under CIN U65990MH1978PTC020335. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Suremi Trading was incorporated on 10 May 1978. It is registered with the Registrar of Companies, Mumbai.
Suremi Trading had 3 directors:
- Vipul Bhagwandas Popat - Director
- Niraj Mankad - Director
- Rajendra Ramakant Likhite - Director
The CIN (Corporate Identification Number) of Suremi Trading is U65990MH1978PTC020335. 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 Suremi Trading is at D1 Sindhu Housenanabhat Lane, Mumbai, Maharashtra, India – 400020.
The latest financial statements of Suremi Trading on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 16 June 2020. Year-wise statements from 2015 are in the company report.
The GSTIN of Suremi Trading is 27AAACS5620B1ZU, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
Suremi Trading operated in the home and lifestyle industry, in the textile retail and distribution segment.
Suremi Trading has 18 deals on record (12 secondary share transfers, 6 funding rounds), with disclosed funding of ₹42.55 Cr; the latest was in March 2020.
The peers of Suremi Trading by revenue are Aden Marketing Private Limited, Ess Gee Enterprises Private Limited, Saraf Expo Fashions Private Limited, all in the Consumer Products industry (Textile Retail and Distribution), with the same principal business activity (wholesale trading).