Shargee Systems (India) Private Limited
About Shargee Systems (India) Private Limited
Data last updated:
Shargee Systems (India) Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the HR outsourcing and talent management segment of the business process outsourcing sector. It was incorporated on 17 February 2000.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2000PTC124308. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹4.98 Lakh. It was led by directors Mukesh Sharad Shipurkar (Managing Director) and Geeta Sharad Shipurkar.
Its last annual general meeting (AGM) was held on 23 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office was at 10 Usha Niketanmahant Road Vile Parle East, Mumbai, Maharashtra, India – 400057.
As per the financials filed for FY 2021, the company reported a revenue of ₹42,580, a decline of 18% compared to the previous year. For the same year it recorded a net profit of ₹620 (net margin 1.5%) and EBITDA of ₹740 (EBITDA margin 1.7%). Revenue has declined at a compounded annual rate (CAGR) of 2% over three years and 39% over five years.
Company details
Contact details
Shargee Systems (India) Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address10 Usha Niketanmahant Road Vile Parle East, Mumbai, Maharashtra, India – 400057
- IndustryBusiness Outsourcing, HR Outsourcing & Talent Management
To see the full contact details of Shargee Systems (India) 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 activity of Shargee Systems (India) is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. |
Financials of Shargee Systems (India) Private Limited
FY 2021 filings availableShargee Systems (India) Private Limited reported revenue of ₹42,580 (down 18% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 39% over five years, including a 18% fall in the latest year. EBITDA fell 26% 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
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| EBITDA | ₹740 | ||||
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| Net Profit (PAT) | ₹620 | ||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| EBITDA Margin | 1.7% | ||||
| Net Profit Margin | 1.5% | ||||
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To see the full financial statements and ratios of Shargee Systems (India) Private Limited, buy the company report.
Board of directors of Shargee Systems (India) Private Limited
Shargee Systems (India) has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Geeta Sharad Shipurkar | Director | 17 Feb 2000 | 26 Years 8 Months | As last reported |
| Mukesh Sharad Shipurkar | Managing Director | 17 Feb 2000 | 26 Years 8 Months | As last reported |
Auditor
Shargee Systems (India) Private Limited is audited by MANOJ V JAIN & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MANOJ V JAIN & CO | FY 2020 | 119280W |
Shareholding
The shareholding of Shargee Systems (India) Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Shargee Systems (India) Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Shargee Systems (India) Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Shargee Systems (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Shargee Systems (India) 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 Shargee Systems (India) Private Limited, buy the company report.
Recent activity
Shargee Systems (India) Private Limited has 3 board changes on record since 2000: 2 appointments and 1 cessation. The latest: Namrata Mukesh Shipurkar ceased to be Director on 17 Jan 2017.
Frequently asked questions
Shargee Systems (India) has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Shargee Systems (India) was a private limited company based in Mumbai, Maharashtra, India. The company worked in HR outsourcing and talent management, within the business outsourcing industry. It was incorporated on 17 February 2000 and is registered under CIN U72900MH2000PTC124308. The company has been struck off by the Registrar of Companies and is no longer operational.
Shargee Systems (India) had 2 directors:
- Mukesh Sharad Shipurkar - Managing Director
- Geeta Sharad Shipurkar - Director
The CIN (Corporate Identification Number) of Shargee Systems (India) is U72900MH2000PTC124308. 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 Shargee Systems (India) is at 10 Usha Niketanmahant Road Vile Parle East, Mumbai, Maharashtra, India – 400057.
Shargee Systems (India) was incorporated on 17 February 2000. It is registered with the Registrar of Companies, Mumbai.
The latest financial statements of Shargee Systems (India) on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 23 November 2021. Year-wise statements from 2015 are in the company report.
No. Shargee Systems (India) has 1 GST registration on record and it is cancelled or inactive.
Shargee Systems (India) operated in the business outsourcing industry, in the HR outsourcing and talent management segment. It worked in this industry before it was struck off.
Namrata Mukesh Shipurkar ceased to be Director on 17 Jan 2017. Geeta Sharad Shipurkar was appointed as Director on 17 Feb 2000. Mukesh Sharad Shipurkar was appointed as Managing Director on 17 Feb 2000.
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