About Suumaya Industries Limited
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Suumaya Industries Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 11 August 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L46411MH2011PLC220879. Its GSTIN is 27AAFCR4357R1ZL (Maharashtra). The company holds 3 GST registrations, of which 2 are active. It is a listed company.
The company has an authorised share capital of ₹75 Cr and a paid-up capital of ₹67.34 Cr. It was formerly known as Richway International Trade Limited and Suumaya Lifestyle Limited. It is led by directors including Sharad Deoraj Jain and Paruben Rajnikant Jadav.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Wing B 20th Floor Lotus Corporate Park, Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹1,258.15 Cr, a growth of 66% compared to the previous year. For the same year it recorded a net loss of ₹467.98 Cr (net margin -37.2%) and EBITDA of -₹996.07 Cr (EBITDA margin -79.2%). Revenue has declined at a compounded annual rate (CAGR) of 33% over three years.
The company is associated with 2 brands: Suumaya Lifestyle and Suumaya. As per MCA filings, the company has open charges of ₹42.02 Cr and satisfied charges of ₹62.5 Cr on record. Court records list 27 cases involving the company, including 5 filed by the company and 22 filed against it; 20 cases are pending. The company has 82 deals on record (73 market trades, 8 funding rounds, 1 ipo), with disclosed funding of ₹82.45 Cr; the latest was in August 2024. Its 6 peer companies in the Agriculture industry (Agro Retail and Distribution, Textile Retail and Distribution), with the same principal business activity (wholesale trading) are compared by revenue, 4 larger and 2 smaller; the largest is Madhurima International Private Limited with revenue of ₹1,297.71 Cr. The company has 5 MSME Form 1 returns on record between 2022 and 2024, listing 37 overdue payments to 7 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website suumaya.com.
Company details
Name history
Suumaya Industries has undergone 3 name changes throughout its history. The company was previously known as Richway International Trade Limited, Suumaya Lifestyle Limited, and Richway Infrastructure Limited. The current legal name is Suumaya Industries Limited.
| Company Name | Status |
|---|---|
| Suumaya Industries Limited | Current |
| Richway International Trade Limited | Previous |
| Suumaya Lifestyle Limited | Previous |
| Richway Infrastructure Limited | Previous |
CIN history
Suumaya Industries has one previous CIN (Corporate Identification Number): L18100MH2011PLC220879. The current CIN is L46411MH2011PLC220879, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L46411MH2011PLC220879 | Current |
| L18100MH2011PLC220879 | Previous |
Contact details
Suumaya Industries Limited's registered office is in Mumbai, Maharashtra. Its website is suumaya.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressWing B 20th Floor Lotus Corporate Park, Western Express Highway, Mumbai, Maharashtra, India – 400063
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Suumaya Industries 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
Suumaya Industries operates two associated brands: Suumaya Lifestyle and Suumaya. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Online gaming services, including slots and automated features, provided through digital platforms. | suumayalifestyle.com | |
| Provider of freight forwarding & logistics services | suumaya.com |
Business activity
The main business activity of Suumaya Industries is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Suumaya Industries Limited, buy the company report.
Financials of Suumaya Industries Limited
FY 2023 filings availableSuumaya Industries Limited reported revenue of ₹1,258.15 Cr (up 66% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 66% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 33%. EBITDA fell 119% 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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| Total Expenses | |||||
| EBITDA | -₹996.07 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹467.98 Cr | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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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 | -79.2% | ||||
| Net Profit Margin | -37.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Suumaya Industries Limited, buy the company report.
Board of directors of Suumaya Industries Limited
Suumaya Industries has 3 current directors and 39 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sharad Deoraj Jain | Director | 11 Jan 2019 | 7 Years 9 Months | Current |
| Paruben Rajnikant Jadav Also directs: Suumaya Corporation Limited | Additional Director | 12 Dec 2025 | 0 Years 10 Months | Current |
| Deepakkumar Rathod Also directs: Suumaya Corporation Limited | Additional Director | 12 Dec 2025 | 0 Years 10 Months | Current |
Peer comparison
Suumaya Industries Limited is compared with the 6 companies closest to it by revenue in the Agriculture industry (Agro Retail and Distribution, 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 |
|---|---|---|---|---|---|---|
| Madhurima International Private Limited | ₹1,297.71 Cr (FY 2025) | -5.0% | Mumbai, Maharashtra, India | |||
| National Handloom Development Corporation Limited | ₹1,281.79 Cr (FY 2024) | 5.0% | Noida, Uttar Pradesh, India | |||
| Lunia Marketing Private Limited | ₹1,271.45 Cr (FY 2024) | 67.0% | Kolkata, West Bengal, India | |||
| SLN Coffee and Spices Exports Private Limited | ₹1,260.52 Cr (FY 2025) | 90.0% | Kudlure, Karnataka, India | |||
| Suumaya Industries Limitedthis company | ₹1,258.15 Cr (FY 2024) | -₹467.98 Cr | -37.2% | 66.0% | Mumbai, Maharashtra, India | |
| Om Shri Shubh Labh Agritech Private Limited | ₹1,229.85 Cr (FY 2024) | 1.0% | Gwalior, Madhya Pradesh, India | |||
| Longulf Trading (India) Private Limited | ₹1,213.8 Cr (FY 2025) | 28.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Suumaya Industries Limited, buy the company report.
Auditor
Suumaya Industries Limited is audited by Naik Mehta & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Naik Mehta & Co. | FY 2023 | 124529W |
Shareholding
The shareholding of Suumaya Industries 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 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 Suumaya Industries Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Jan 2022 | 100528649 | Others | ₹9.5 Cr | Open | |
| 25 Oct 2021 | 100499382 | Others | ₹18 Cr | Open | |
| 14 May 2021 | 100445458 | Others | ₹2.5 Cr | Open | |
| 18 Feb 2021 | 100425193 | Others | ₹2.5 Cr | Open | |
| 31 Dec 2020 | 100424074 | Others | ₹5 Cr | Open |
To see the full charge records of Suumaya Industries Limited, buy the company report.
Total charge records: 11 View all charges
Deals & funding
Suumaya Industries Limited has 82 deals on record (73 market trades, 8 funding rounds, 1 ipo), with disclosed funding of ₹82.45 Cr; the latest was in August 2024.
Deals on record (5 of 82)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2024 | Market trade | ₹59.3 Lakh | Seller: Aarav Financial Services Private Limited |
| Jun 2024 | Market trade | ₹98.9 Lakh | Seller: Aarav Financial Services Private Limited , an individual |
| Feb 2024 | Funding round | ₹50 Lakh | Investors: First Orgacon Private Limited |
| Feb 2024 | Funding round | ₹5 Cr | Investors: Bhavna Auto Pureinfra Private Limited |
| Jun 2023 | Market trade | ₹36.3 Lakh | Seller: L7 Hitech Private Limited |
To see the full deal history of Suumaya Industries 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
Suumaya Industries Limited has 27 court cases on record: 5 filed by Suumaya Industries, 22 filed against it. 20 cases are pending and 7 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 21 | 20 | 18 |
| High courts | 4 | 1 | 2 |
| NCLT | 2 | 1 | 0 |
Cases on record (5 of 27)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (COMSS) | Filed against the company by Enviro Home Solutions Private Limited | Pending |
| High Court of Delhi | Arbitration matter | Filed by the company against Hewlett Packard Financial Services (India) Pvt. Ltd | Pending |
| District court, New Delhi, Delhi | Cheque dishonour complaint | Filed against the company by Iris Computers Ltd | Pending |
| District court, Chennai, Tamil Nadu | Criminal case | Filed against the company by Waycool Foods and Products Private Limited Rep by S.Mohamed Bilal Ali | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Case) | Filed against the company by Actis Technologies Pvt. Ltd. | Pending |
To see the full case history of Suumaya Industries 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
Suumaya Industries Limited has 5 MSME Form 1 returns on record between 2022 and 2024, listing 37 overdue payments to 7 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 7)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Naik Mehta & Co | |||
| Vindo Kothari & Company | |||
| Sequence Communications Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Suumaya Industries Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Suumaya Industries has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCR4357R1ZL | Maharashtra | Active | 07 Jul 2017 |
| 24AAFCR4357R1ZR | Gujarat | Active | 02 Aug 2018 |
To see the full GST registrations and return filing status of Suumaya Industries Limited, buy the company report.
Recent activity
Suumaya Industries Limited has 77 board changes on record since 2011: 41 appointments and 36 cessations. The latest: Deepakkumar Rathod was appointed as Additional Director on 12 Dec 2025.
83 earlier events are in the company report.
News
Frequently asked questions
Suumaya Industries is an active public limited company based in Mumbai, Maharashtra, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 11 August 2011 (15+ years old) and is registered under CIN L46411MH2011PLC220879.
Suumaya Industries has 3 current directors:
- Sharad Deoraj Jain - Director
- Paruben Rajnikant Jadav - Additional Director
- Deepakkumar Rathod - Additional Director
The latest financial statements of Suumaya Industries on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Suumaya Industries is 27AAFCR4357R1ZL, registered in Maharashtra. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 24AAFCR4357R1ZR (Gujarat).
The CIN (Corporate Identification Number) of Suumaya Industries is L46411MH2011PLC220879. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes, Suumaya Industries is a listed company.
Suumaya Industries has 27 court cases on record: 5 filed by the company and 22 filed against it. 20 are pending. Most are in the district courts.
Suumaya Industries was incorporated on 11 August 2011, making it 15+ years old. It is registered with the Registrar of Companies, Mumbai.
Suumaya Industries has 82 deals on record (73 market trades, 8 funding rounds, 1 ipo), with disclosed funding of ₹82.45 Cr; the latest was in August 2024.
The peers of Suumaya Industries by revenue are Madhurima International Private Limited, National Handloom Development Corporation Limited, Lunia Marketing Private Limited, SLN Coffee and Spices Exports Private Limited, Om Shri Shubh Labh Agritech Private Limited and 1 more, all in the Agriculture industry (Agro Retail and Distribution, Textile Retail and Distribution), with the same principal business activity (wholesale trading).
Deepakkumar Rathod was appointed as Additional Director on 12 Dec 2025. Paruben Rajnikant Jadav was appointed as Additional Director on 12 Dec 2025. Deepak Kantilal Jain ceased to be Director on 12 May 2025. Suumaya Industries has 77 board changes on record in total.
Suumaya Industries has 5 MSME Form 1 returns on record between 2022 and 2024, listing 37 overdue payments to 7 micro and small suppliers. The latest return was filed on 29 Apr 2024.