About Suruchi Spices Private Limited
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Suruchi Spices Private Limited is a private limited company based in Nagpur, Maharashtra, India. It operates in the spice manufacturing and distribution segment of the food and beverages sector. It was incorporated on 04 October 1990 and has been in existence for over 36 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U15100MH1990PTC058404. Its GSTIN is 27AAFCS3962D1ZC (Maharashtra).
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹7.5 Cr. It is led by directors Ravi Subhash Jain and Subhash Dhanrajaji Jain.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Kh. No. 55/1 Near Umiya Industrial Estate Bhandara Road Kapsi Khurd, Nagpur, Maharashtra, India – 440035.
As per the financials filed for FY 2024, the company reported a revenue of ₹420.75 Cr, a decline of 7% compared to the previous year. For the same year it recorded a net profit of ₹37.76 Cr (net margin 9%) and EBITDA of ₹66.18 Cr (EBITDA margin 15.7%). Revenue has grown at a compounded annual rate (CAGR) of 24% over three years and 15% over five years.
The company has about 214 employees on its provident fund (EPFO) records. Its group structure includes 2 subsidiaries.
The company is associated with 1 brand: Suruchiinternational. As per MCA filings, the company has open charges of ₹156.47 Cr and satisfied charges of ₹136.74 Cr on record. Court records list 215 cases involving the company, including 180 filed by the company and 35 filed against it; 99 cases are pending. The company has 6 deals on record (6 secondary share transfers); the latest was in April 2021. Its 6 peer companies in the Food and Beverages industry (Spices), with the same principal business activity (food, beverages and tobacco products) are compared by revenue, 3 larger and 3 smaller; the largest is Indian Products Private Limited with revenue of ₹516.94 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website suruchispices.net.
Company details
Contact details
Suruchi Spices Private Limited's registered office is in Nagpur, Maharashtra. Its website is suruchispices.net. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressKh. No. 55/1 Near Umiya Industrial Estate Bhandara Road Kapsi Khurd, Nagpur, Maharashtra, India – 440035
- IndustryFood and Beverages, Spice Manufacturing & Distribution
To see the full contact details of Suruchi Spices 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
Brands
Suruchi Spices operates one associated brand: Suruchiinternational. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures and exports spices, chili products, and processed food globally. | suruchiinternational.com |
Business activity
The main business activity of Suruchi Spices is manufacturing. In detail, this covers food, beverages and tobacco products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C1 | Food, beverages and tobacco products |
To see the full business activity and turnover split of Suruchi Spices Private Limited, buy the company report.
Financials of Suruchi Spices Private Limited
FY 2024 filings availableSuruchi Spices Private Limited reported revenue of ₹420.75 Cr (down 7% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 7% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 15%. EBITDA fell 11% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹66.18 Cr | ||||
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| Net Profit (PAT) | ₹37.76 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 15.7% | ||||
| Net Profit Margin | 9% | ||||
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To see the full financial statements and ratios of Suruchi Spices Private Limited, buy the company report.
Board of directors of Suruchi Spices Private Limited
Suruchi Spices has 2 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ravi Subhash Jain Also directs: Shreeganesh Chillies Private Limited, Shreeganesh Spice Enterprises Private Limited, Safal Food Products Private Limited and 3 more | Director | 01 Apr 2013 | 13 Years 6 Months | Current |
| Subhash Dhanrajaji Jain Also directs: Shreeganesh Chillies Private Limited, Shreeganesh Spice Enterprises Private Limited, Safal Food Products Private Limited and 3 more | Director | 01 Apr 2021 | 5 Years 6 Months | Current |
Peer comparison
Suruchi Spices Private Limited is compared with the 6 companies closest to it by revenue in the Food and Beverages industry (Spices), with the same principal business activity (food, beverages and tobacco products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Indian Products Private Limited | ₹516.94 Cr (FY 2024) | 41.0% | Bangalore, Karnataka, India | |||
| Om Oil and Flour Mills Limited | ₹467.95 Cr (FY 2024) | 20.0% | Cuttack, Odisha, India | |||
| J P Tobacco Products Private Limited | ₹437.79 Cr (FY 2025) | 15.0% | Ahmedabad, Gujarat, India | |||
| Suruchi Spices Private Limitedthis company | ₹420.75 Cr (FY 2024) | ₹37.76 Cr | 9% | -7.0% | 214 | Nagpur, Maharashtra, India |
| Pushp Brand (India) Limited | ₹411.99 Cr (FY 2025) | 3.0% | Indore, Madhya Pradesh, India | |||
| Sigma Spice Industries Private Limited | ₹339.87 Cr (FY 2025) | 6.0% | Jorhat, Assam, India | |||
| Badshah Masala Private Limited | ₹312.66 Cr (FY 2025) | 12.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Suruchi Spices Private Limited, buy the company report.
Auditor
Suruchi Spices Private Limited is audited by LOYA BAGRI & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| LOYA BAGRI & CO. | FY 2023 | 105658W |
Shareholding
The shareholding of Suruchi Spices Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Suruchi Spices Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Mar 2021 | 100441569 | Hdfc Bank Limited | ₹2.83 Cr | Open | |
| 26 Dec 2019 | 100333355 | Hdfc Bank Limited | ₹49.6 Lakh | Open | |
| 09 Mar 2018 | 100163491 | Hdfc Bank Limited | ₹83.14 Cr | Open | |
| 07 Mar 2018 | 100162248 | Hdfc Bank Limited | ₹60 Cr | Open | |
| 20 Feb 2018 | 100168615 | Hdfc Bank Limited | ₹10 Cr | Open |
To see the full charge records of Suruchi Spices Private Limited, buy the company report.
Total charge records: 12 View all charges
Deals & funding
Suruchi Spices Private Limited has 6 deals on record (6 secondary share transfers); the latest was in April 2021.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2021 | Secondary share transfer | Undisclosed | Buyer: Mayank Jain HUF, 3 individuals Seller: 4 individuals |
| Jan 2020 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: 3 individuals |
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 4 individuals |
| Mar 2016 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: Ashok Traders, Gaurav Traders, 2 individuals |
| Oct 2007 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: Sky High Investments & Financial Consultancy Private Limited, an individual |
To see the full deal history of Suruchi Spices 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
Suruchi Spices Private Limited has 215 court cases on record: 180 filed by Suruchi Spices, 35 filed against it. 99 cases are pending and 116 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 197 | 29 | 92 |
| High courts | 17 | 5 | 7 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 215)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Nagpur, Maharashtra | Arbitration matter | Filed against the company by The United India Insurance Co Ltd | Pending |
| District court, Nagpur, Maharashtra | Civil suit | Filed by the company against Oberoi Ibc India Pvt Ltd Through Directors and 1 other | Pending |
| District court, Nagpur, Maharashtra | Arbitration matter | Filed against the company by The Oriental Insurance Co. Ltd | Pending |
| Bombay High Court | Writ petition | Filed against the company by Maharashtra State Electricity Distribution Company Limited (Msedcl), Thr.Its Superintending Enginee | Pending |
| District court, Nagpur, Maharashtra | Court case (Civil M.A.) | Filed by the company against The United India Insurance Company Limited Through Its Senior Divisional Manager | Disposed |
To see the full case history of Suruchi Spices 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 Suruchi Spices Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Suruchi Spices has 2 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Safal Food Products Private Limited | U50102MH2007PTC171206 | |
| Sambhav Food Processors Private Limited | U74900MH2007PTC171305 |
To see the full group structure of Suruchi Spices Private Limited, buy the company report.
Employees & EPFO
Suruchi Spices Private Limited has a workforce of 214 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Suruchi Spices has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCS3962D1ZC | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Suruchi Spices Private Limited, buy the company report.
Recent activity
Suruchi Spices Private Limited has 9 board changes on record since 2013: 2 appointments and 7 cessations. The latest: Paras Subhash Jain ceased to be Director on 01 Apr 2021.
26 earlier events are in the company report.
Frequently asked questions
Suruchi Spices is an active private limited company based in Nagpur, Maharashtra, India. The company works in spice manufacturing and distribution, within the food and beverages industry. It was incorporated on 04 October 1990 (36+ years old) and is registered under CIN U15100MH1990PTC058404.
Suruchi Spices has 2 current directors:
- Ravi Subhash Jain - Director
- Subhash Dhanrajaji Jain - Director
The latest financial statements of Suruchi Spices on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Suruchi Spices is 27AAFCS3962D1ZC, registered in Maharashtra.
The CIN (Corporate Identification Number) of Suruchi Spices is U15100MH1990PTC058404. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Suruchi Spices has 215 court cases on record: 180 filed by the company and 35 filed against it. 99 are pending. Most are in the district courts.
Suruchi Spices was incorporated on 04 October 1990, making it 36+ years old. It is registered with the Registrar of Companies, Mumbai.
Suruchi Spices has 6 deals on record (6 secondary share transfers); the latest was in April 2021.
The peers of Suruchi Spices by revenue are Indian Products Private Limited, Om Oil and Flour Mills Limited, J P Tobacco Products Private Limited, Pushp Brand (India) Limited, Sigma Spice Industries Private Limited and 1 more, all in the Food and Beverages industry (Spices), with the same principal business activity (food, beverages and tobacco products).
Paras Subhash Jain ceased to be Director on 01 Apr 2021. Subhash Dhanrajaji Jain was appointed as Director on 01 Apr 2021. Anushree Mayank Jain ceased to be Additional Director on 31 Dec 2020. Suruchi Spices has 9 board changes on record in total.
Suruchi Spices can be reached through the website suruchispices.net. Its registered office is in Nagpur, Maharashtra, India.