About Suzlon Global Services Limited
Data last updated:
Suzlon Global Services Limited was a public limited company based in Ahmedabad, Gujarat, India, operated as a subsidiary of Suzlon Energy Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the industrial maintenance and repair services segment of the engineering sector. It was incorporated on 25 May 2004.
The company was registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U27109GJ2004PLC044170. Its GSTIN is 24AAICS1406R1Z3 (Gujarat). The company held 13 GST registrations, of which 10 are active.
The company had an authorised share capital of ₹10,053 Cr and a paid-up capital of ₹39.47 Cr. It was formerly known as Suzlon Structures Private Limited and Suzlon Structures Limited. It was led by directors including Ranjitsinh Abhaysinh Parmar (Whole-Time Director) and Seemantinee Shashank Khot.
Its last annual general meeting (AGM) was held on 31 August 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office was at Suzlon 5 Shrimali Society Nr Shri Krishna Complex Navrangpura, Ahmedabad, Gujarat, India – 380009.
As per the financials filed for FY 2024, the company reported a revenue of ₹2,354.5 Cr, a growth of 14% compared to the previous year. For the same year it recorded a net profit of ₹629.74 Cr (net margin 26.7%) and EBITDA of ₹800.98 Cr (EBITDA margin 34%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years and 14% over five years.
The company had about 3,927 employees on its provident fund (EPFO) records before it was dissolved. Its group structure included 1 subsidiary.
As per MCA filings, the company had open charges of ₹2,600 Cr and satisfied charges of ₹51,894 Cr on record. Court records list 11 cases involving the company, including 6 filed by the company and 5 filed against it.
The last known website on record is suzlon.com.
Company details
Name history
Suzlon Global Services has undergone 2 name changes throughout its history. The company was previously known as Suzlon Structures Private Limited, and Suzlon Structures Limited. The current legal name is Suzlon Global Services Limited.
| Company Name | Status |
|---|---|
| Suzlon Global Services Limited | Current |
| Suzlon Structures Private Limited | Previous |
| Suzlon Structures Limited | Previous |
CIN history
Suzlon Global Services has one previous CIN (Corporate Identification Number): U27109GJ2004PTC044170. The current CIN is U27109GJ2004PLC044170, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U27109GJ2004PLC044170 | Current |
| U27109GJ2004PTC044170 | Previous |
Contact details
Suzlon Global Services Limited's registered office is in Ahmedabad, Gujarat. Its website is suzlon.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressSuzlon 5 Shrimali Society Nr Shri Krishna Complex Navrangpura, Ahmedabad, Gujarat, India – 380009
- IndustryEngineering, Industrial Maintenance & Repair Services
To see the full contact details of Suzlon Global Services 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 activity of Suzlon Global Services is professional, scientific and technical. In detail, this covers architecture, engineering activities, technical testing and analysis activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M4 | Architecture, engineering activities, technical testing and analysis activities |
To see the full business activity and turnover split of Suzlon Global Services Limited, buy the company report.
Financials of Suzlon Global Services Limited
FY 2024 filings availableSuzlon Global Services Limited reported revenue of ₹2,354.5 Cr (up 14% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 14% over five years, including 14% growth in the latest year. EBITDA fell 41% 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 |
|---|---|---|---|---|---|
| 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 | ₹800.98 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹629.74 Cr | ||||
| 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 34% | ||||
| Net Profit Margin | 26.7% | ||||
| 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 Suzlon Global Services Limited, buy the company report.
Board of directors and KMP of Suzlon Global Services Limited
Suzlon Global Services Limited currently reports 5 directors and 1 key managerial person. 19 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sameer Kantilal Shah Also directs: Suzlon Energy Limited, Suzlon Renewable Development Limited | Additional Director | 28 Oct 2024 | 1 Years 11 Months | As last reported |
| Seemantinee Shashank Khot | Director | 01 Aug 2020 | 6 Years 2 Months | As last reported |
| Himanshu Mody Also directs: E to E Transportation Infrastructure Limited | Director | 18 Oct 2023 | 3 Years 0 Months | As last reported |
| Tuhina Bhargava | Cfo | 24 May 2024 | 2 Years 5 Months | As last reported |
| Ranjitsinh Abhaysinh Parmar Also directs: Skeiron Equipment Private Limited, Silectro Enterprise Private Limited, Se Freight and Logistics Services LLP and 2 more | Whole-Time Director | 09 Aug 2022 | 4 Years 2 Months | As last reported |
| Vinod Ranchhodbhai Tanti Also directs: Tanti Services LLP, Venturewisse Mentoring Partners LLP, Suzlon Energy Limited and 5 more | Director | 01 Feb 2007 | 19 Years 8 Months | As last reported |
Auditor
Suzlon Global Services Limited is audited by Walker Chandiok & Co LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Walker Chandiok & Co LLP | FY 2023 | 001076N/N500013 |
Shareholding
The shareholding of Suzlon Global Services 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 Suzlon Global Services Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Aug 2022 | 100633973 | Sbicap Trustee Company Limited | ₹4,053 Cr | Satisfied | |
| 24 Aug 2022 | 100633972 | Sbicap Trustee Company Limited | ₹4,053 Cr | Satisfied | |
| 24 Jun 2020 | 100343572 | Sbicap Trustee Company Limited | ₹17,553 Cr | Satisfied | |
| 03 Jan 2018 | 100148621 | Bank of India | ₹60 Cr | Satisfied | |
| 03 Jan 2018 | 100149788 | Others | ₹86 Cr | Satisfied |
To see the full charge records of Suzlon Global Services Limited, buy the company report.
Total charge records: 36 View all charges
Legal cases
Suzlon Global Services Limited has 11 court cases on record: 6 filed by Suzlon Global Services, 5 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 7 | 1 | 0 |
| District courts | 4 | 4 | 0 |
Cases on record (5 of 11)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Commercial suit | Filed by the company | Disposed |
| High Court of Gujarat | Court case (COMP) | Filed by the company | Disposed |
| District court, kachchh at Bhuj, Gujarat | Court case (REFER T LC) | Filed against the company by an individual | Disposed |
| District court, kachchh at Bhuj, Gujarat | Court case (WC NFATAL L) | Filed against the company by an individual | Disposed |
| High Court, GUJARAT | Special civil application | Filed by the company against Union of India - Through Secretary and 1 other | Disposed |
To see the full case history of Suzlon Global Services 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
Suzlon Global Services Limited has 85 MSME Form 1 returns on record between 2012 and 2024, listing 3,069 overdue payments to 257 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 257)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Maxtech Technolgies | |||
| Omkar Industries | |||
| Jay Bharat Security Organisation | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Suzlon Global Services Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Suzlon Global Services has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Suzlon Gujarat Wind Park Limited | U40108GJ2004PLC044409 |
To see the full group structure of Suzlon Global Services Limited, buy the company report.
Employees & EPFO
Suzlon Global Services Limited has a workforce of 3,927 employees on its EPFO records as of Apr 02, 2024, across 1 active EPFO establishment.
GST
Suzlon Global Services has 13 GST registrations: 10 active and 3 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAICS1406R1Z3 | Gujarat | Active | 01 Jul 2017 |
| 08AAICS1406R1ZX | Rajasthan | Active | 01 Jul 2017 |
| 23AAICS1406R1Z5 | Madhya Pradesh | Active | 01 Jul 2017 |
| 27AAICS1406R3ZV | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Suzlon Global Services Limited, buy the company report.
Recent activity
Suzlon Global Services Limited has 23 board changes on record since 2007: 6 appointments and 17 cessations. The latest: Sameer Kantilal Shah was appointed as Additional Director on 28 Oct 2024.
97 earlier events are in the company report.
News
Frequently asked questions
Suzlon Global Services 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.
Suzlon Global Services was a public limited company based in Ahmedabad, Gujarat, India. The company worked in industrial maintenance and repair services, within the engineering industry. It was incorporated on 25 May 2004 and is registered under CIN U27109GJ2004PLC044170. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Suzlon Global Services was incorporated on 25 May 2004. It is registered with the Registrar of Companies, Ahmedabad.
Suzlon Global Services had 6 directors and KMP:
- Ranjitsinh Abhaysinh Parmar - Whole-Time Director
- Sameer Kantilal Shah - Additional Director
- Seemantinee Shashank Khot - Director
- Himanshu Mody - Director
- Vinod Ranchhodbhai Tanti - Director
- Tuhina Bhargava - Cfo
The CIN (Corporate Identification Number) of Suzlon Global Services is U27109GJ2004PLC044170. 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 Suzlon Global Services is at Suzlon 5 Shrimali Society Nr Shri Krishna Complex Navrangpura, Ahmedabad, Gujarat, India – 380009.
Suzlon Global Services can be reached through the website suzlon.com. Its registered office is in Ahmedabad, Gujarat, India.
The latest financial statements of Suzlon Global Services on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 31 August 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Suzlon Global Services is 24AAICS1406R1Z3, registered in Gujarat. The company has 13 GST registrations in all, of which 10 are active and 3 are cancelled or inactive. Other active GSTINs include 08AAICS1406R1ZX (Rajasthan), 23AAICS1406R1Z5 (Madhya Pradesh), 27AAICS1406R3ZV (Maharashtra).
Suzlon Global Services operated in the engineering industry, in the industrial maintenance and repair services segment.
Suzlon Global Services has 85 MSME Form 1 returns on record between 2012 and 2024, listing 3,069 overdue payments to 257 micro and small suppliers. The latest return was filed on 29 Apr 2024.