Surge Enterprises Limited
About Surge Enterprises Limited
Data last updated:
Surge Enterprises Limited was a public limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Bennett Property Holdings Company Limited. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the textile and fabric production segment of the manufacturing sector. It was incorporated on 07 August 1992.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U18109MH1992PLC068085. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.49 Cr. It was led by directors including Mahendra Futarmal Jain and Neeta Mahendra Sakariya.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office was at Mumbai, Maharashtra.
As per the financials filed for FY 2022, the company reported a revenue of ₹1.92 Lakh, a decline of 32% compared to the previous year. For the same year it recorded a net loss of ₹3.96 Lakh (net margin -206.5%) and EBITDA of -₹3.09 Lakh (EBITDA margin -161%). Revenue has declined at a compounded annual rate (CAGR) of 6% over three years and 6% over five years.
Court records list 10 cases involving the company, including 10 filed against it.
Company details
CIN history
Surge Enterprises has one previous CIN (Corporate Identification Number): L18109MH1992PLC068085. The current CIN is U18109MH1992PLC068085, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U18109MH1992PLC068085 | Current |
| L18109MH1992PLC068085 | Previous |
Contact details
Surge Enterprises Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address1F Floor – Grd Plot No. 97/99 Golden Plaza Dhanji Street Zaveri Bazar Mumbadevi, Mandvi, Mumbai, Maharashtra, India – 400003
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Surge Enterprises 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 Surge Enterprises Limited
FY 2022 filings availableSurge Enterprises Limited reported revenue of ₹1.92 Lakh (down 32% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 6% over five years, including a 32% fall in the latest year. EBITDA fell 125% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹1.92 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹3.09 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹3.96 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -161% | ||||
| Net Profit Margin | -206.5% | ||||
| 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 Surge Enterprises Limited, buy the company report.
Board of directors of Surge Enterprises Limited
Surge Enterprises has 3 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mahendra Futarmal Jain Also directs: Surge Enterprises LLP | Director | 12 Mar 2018 | 8 Years 7 Months | As last reported |
| Neeta Mahendra Sakariya Also directs: Surge Enterprises LLP | Director | 12 Mar 2018 | 8 Years 7 Months | As last reported |
| Bhavesh Footermal Jain | Director | 12 Mar 2018 | 8 Years 7 Months | As last reported |
Peer comparison
Surge Enterprises Limited is compared with the 10 companies closest to it by revenue in the Manufacturing industry (Textiles), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Samridhi Fiscal Services Pvt. Ltd. | ₹1.93 Lakh (FY 2025) | 0.0% | Kolkata, West Bengal, India | |||
| Shachii Floorings Private Limited | ₹1.93 Lakh (FY 2021) | -12.0% | New Delhi, Delhi, India | |||
| Sam Vegetable Colours Private Limited | ₹1.92 Lakh (FY 2024) | 16.0% | New Delhi, Delhi, India | |||
| Kalpataru Textile Mills Pvt Ltd | ₹1.92 Lakh (FY 2023) | -84.0% | Abu, Rajasthan, India | |||
| Rukma Textiles Private Limited | ₹1.92 Lakh (FY 2019) | -99.0% | Mumbai, Maharashtra, India | |||
| Surge Enterprises Limitedthis company | ₹1.92 Lakh (FY 2022) | -₹3.96 Lakh | -206.5% | -32.0% | Mumbai, Maharashtra, India | |
| Akash Rockwool (India) Private Limited | ₹1.92 Lakh (FY 2017) | 3502.0% | Raipur, Chhattisgarh, India | |||
| Familia Fashion Ventures Private Limited | ₹1.91 Lakh (FY 2025) | 40.0% | Chennai, Tamil Nadu, India | |||
| Zenny Fabrics Private Limited | ₹1.91 Lakh (FY 2021) | Mumbai, Maharashtra, India | ||||
| Profes Foundation | ₹1.91 Lakh (FY 2024) | 100.0% | Chandigarh, India | |||
| Lavish Apparels Private Limited | ₹1.9 Lakh (FY 2025) | -14.0% | Delhi, India |
To see the full peer comparison of Surge Enterprises Limited, buy the company report.
Auditor
Surge Enterprises Limited is audited by GIRISH P JAIN for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GIRISH P JAIN | FY 2022 | 104817 |
Shareholding
The shareholding of Surge Enterprises Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Surge Enterprises Limited, buy the company report.
Legal cases
Surge Enterprises Limited has 10 court cases on record: 10 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 10 | 10 | 0 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Tax appeal | Filed against the company by Commissioner of Income Tax | Disposed |
| Bombay High Court | Tax appeal | Filed against the company by The Commissioner of Income-Atax 1,Mum | Disposed |
| Bombay High Court | Tax appeal | Filed against the company by The Commissioner of Income-Tax-1,Mum | Disposed |
| Bombay High Court | Court case (NMA) | Filed against the company by The Commissioner of Income Tax-1,Mumbai | Disposed |
| Bombay High Court | Court case (NMA) | Filed against the company by The Commissioner of Income Tax-1, Mumbai | Disposed |
To see the full case history of Surge Enterprises 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 Surge Enterprises Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Surge Enterprises has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Surge Enterprises Limited, buy the company report.
Recent activity
Surge Enterprises Limited has 16 board changes on record since 2007: 3 appointments and 13 cessations. The latest: Bhavesh Footermal Jain ceased to be Additional Director on 29 Sep 2018.
7 earlier events are in the company report.
Frequently asked questions
Surge Enterprises has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Surge Enterprises was a public limited company based in Mumbai, Maharashtra, India. The company worked in textile and fabric production, within the manufacturing industry. It was incorporated on 07 August 1992 and is registered under CIN U18109MH1992PLC068085. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Surge Enterprises is U18109MH1992PLC068085. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Surge Enterprises had 3 directors:
- Mahendra Futarmal Jain - Director
- Neeta Mahendra Sakariya - Director
- Bhavesh Footermal Jain - Director
Surge Enterprises was incorporated on 07 August 1992. It is registered with the Registrar of Companies, Mumbai.
The registered office of Surge Enterprises is at 1F Floor – Grd Plot No. 9799 Golden Plaza Dhanji Street Zaveri Bazar Mumbadevi, Mandvi, Mumbai, Maharashtra, India – 400003.
The latest financial statements of Surge Enterprises on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
No. Surge Enterprises has 1 GST registration on record and it is cancelled or inactive.
Surge Enterprises operated in the manufacturing industry, in the textile and fabric production segment.
The peers of Surge Enterprises by revenue are Samridhi Fiscal Services Pvt. Ltd, Shachii Floorings Private Limited, Sam Vegetable Colours Private Limited, Kalpataru Textile Mills Pvt Ltd, Rukma Textiles Private Limited and 5 more, all in the Manufacturing industry (Textiles).
Surge Enterprises has 10 court cases on record: 10 filed against it.