About Shrimad India Private Limited
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Shrimad India Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the handicrafts and artisan products manufacturing segment of the home and lifestyle products sector. It was incorporated on 24 March 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U51909DL1999PTC098965. Its GSTIN is 07AAECS1248M1Z5 (Delhi).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Madhav Aggarwal and Raghav Aggarwal.
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 7550 Ram Nagar, New Delhi, Delhi, India – 110055.
As per the financials filed for FY 2023, the company reported a revenue of ₹2.06 Cr, a growth of 14% compared to the previous year. For the same year it recorded a net profit of ₹11.5 Lakh (net margin 5.6%) and EBITDA of ₹15.99 Lakh (EBITDA margin 7.8%). Revenue has grown at a compounded annual rate (CAGR) of 21% over five years.
The company is associated with 2 brands: Redbag and Ganges India. Court records list 4 cases involving the company, including 2 filed by the company and 2 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website redbag.in.
Company details
Contact details
Shrimad India Private Limited's registered office is in New Delhi, Delhi. Its website is redbag.in. Its e-mail address is in the company report.
- Email
- Website
- Registered Address7550 Ram Nagar, New Delhi, Delhi, India – 110055
- IndustryHome & Lifestyle, Handicrafts & Artisan Products Manufacturing
To see the full contact details of Shrimad 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
Brands
Shrimad India operates two associated brands: Redbag and Ganges India. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Operates an online store specializing in high-quality home decor items and accessories. | redbag.in | |
| Retailing of spiritual books, religious items, and cultural artifacts in India. | gangesindia.com |
Business activity
The main business activity of Shrimad India 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 Shrimad India Private Limited, buy the company report.
Financials of Shrimad India Private Limited
FY 2023 filings availableShrimad India Private Limited reported revenue of ₹2.06 Cr (up 14% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 21% over five years, including 14% growth in the latest year. EBITDA rose 102% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | ₹15.99 Lakh | ||||
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| Net Profit (PAT) | ₹11.5 Lakh | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA Margin | 7.8% | ||||
| Net Profit Margin | 5.6% | ||||
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To see the full financial statements and ratios of Shrimad India Private Limited, buy the company report.
Board of directors of Shrimad India Private Limited
Shrimad India has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Madhav Aggarwal | Additional Director | 04 Jul 2019 | 7 Years 4 Months | Current |
| Raghav Aggarwal | Additional Director | 04 Jul 2019 | 7 Years 4 Months | Current |
Peer comparison
Shrimad India Private Limited is compared with the 3 companies closest to it by revenue in the Consumer Products industry (Broad Based Ecommerce, Handicrafts Manufacturers), 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 |
|---|---|---|---|---|---|---|
| Big Shark Deals Private Limited | ₹2.08 Cr (FY 2024) | 1178.0% | New Delhi, Delhi, India | |||
| B.Local Technologies Private Limited | ₹2.08 Cr (FY 2024) | 5294.0% | Bengaluru, Karnataka, India | |||
| Shrimad India Private Limitedthis company | ₹2.06 Cr (FY 2023) | ₹11.5 Lakh | 5.6% | 14.0% | New Delhi, Delhi, India | |
| Fruition Retail Private Limited | ₹2.05 Cr (FY 2025) | 71.0% | Delhi, India |
To see the full peer comparison of Shrimad India Private Limited, buy the company report.
Auditor
Shrimad India Private Limited is audited by P R A & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P R A & CO | FY 2019 | 017903N |
Shareholding
The shareholding of Shrimad India Private Limited is on record for FY 2019, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2019 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Shrimad India Private Limited, buy the company report.
Legal cases
Shrimad India Private Limited has 4 court cases on record: 2 filed by Shrimad India, 2 filed against it. 1 case is pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 1 | 0 |
| High courts | 1 | 1 | 1 |
Cases on record (3 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Central, Delhi | Civil suit | Filed by the company against Infosecure Consulting (Pvt). Ltd | Disposed |
| High Court of Delhi | Court case (RFA(COMM)) | Filed against the company by an individual | Pending |
| District court, Central, Delhi | Commercial suit | Filed against the company by an individual | Disposed |
To see the full case history of Shrimad India 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 Shrimad India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Shrimad India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAECS1248M1Z5 | Delhi | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Shrimad India Private Limited, buy the company report.
Recent activity
Shrimad India Private Limited has 12 board changes on record since 1999: 7 appointments and 5 cessations. The latest: Pankaj Aggarwal ceased to be Director on 31 Mar 2022.
3 earlier events are in the company report.
Frequently asked questions
Shrimad India is an active private limited company based in New Delhi, Delhi, India. The company works in handicrafts and artisan products manufacturing, within the home and lifestyle industry. It was incorporated on 24 March 1999 (27+ years old) and is registered under CIN U51909DL1999PTC098965.
Shrimad India has 2 current directors:
- Madhav Aggarwal - Additional Director
- Raghav Aggarwal - Additional Director
The latest financial statements of Shrimad India 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 Shrimad India is 07AAECS1248M1Z5, registered in Delhi.
The CIN (Corporate Identification Number) of Shrimad India is U51909DL1999PTC098965. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shrimad India has 4 court cases on record: 2 filed by the company and 2 filed against it. 1 is pending. Most are in the district courts.
Shrimad India was incorporated on 24 March 1999, making it 27+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Shrimad India by revenue are Big Shark Deals Private Limited, B.Local Technologies Private Limited, Fruition Retail Private Limited, all in the Consumer Products industry (Broad Based Ecommerce, Handicrafts Manufacturers), with the same principal business activity (wholesale trading).
Pankaj Aggarwal ceased to be Director on 31 Mar 2022. Parveen Kumar ceased to be Director on 31 Mar 2022. Madhav Aggarwal was appointed as Additional Director on 04 Jul 2019. Shrimad India has 12 board changes on record in total.
Shrimad India can be reached through the website redbag.in. Its registered office is in New Delhi, Delhi, India.
The registered office of Shrimad India is at 7550 Ram Nagar, New Delhi, Delhi, India – 110055.
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