About Snipper Bags Private Limited
Data last updated:
Snipper Bags Private Limited is a private limited company based in Delhi, India. It operates in the accessories retail and distribution segment of the consumer goods sector. It was incorporated on 29 December 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U51909DL2017PTC327771. Its GSTIN is 07AAZCS6595A1ZP (Delhi).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Ram Shankar and Ravi Shankar.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at H No 84 Gali No 4 Kh No 897, Bhalaswa Colony Jahangir Puri, Delhi, India – 110033.
As per the financials filed for FY 2024, the company reported a revenue of ₹55.54 Cr. For the same year it recorded a net profit of ₹23.04 Lakh (net margin 0.4%) and EBITDA of ₹23.04 Lakh (EBITDA margin 0.4%). Revenue has grown at a compounded annual rate (CAGR) of 517% over three years and 172% over five years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vkfashions.com.
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- TelephoneLocked
- Website
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- Registered AddressH No 84 Gali No 4 Kh No 897, Bhalaswa Colony Jahangir Puri, Delhi, India – 110033
- IndustryConsumer Goods, Accessories Retail & Distribution
- 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
- One PDF report, delivered after checkout
Business Activity of Snipper Bags Private Limited
The main business activity of Snipper Bags is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Snipper Bags Private Limited FY 2024 filings available
Snipper Bags Private Limited reported revenue of ₹55.54 Cr for FY 2024.
Compounded Annual Growth Rate (CAGR) of Snipper Bags Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 172% over five years. 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 of Snipper Bags Private Limited
| 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 | ₹23.04 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹23.04 Lakh | •••• | •••• | •••• | •••• |
| 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 of Snipper Bags Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.4% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Snipper Bags are in the company report.
Financial statements from FY 2018
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Snipper Bags Private Limited
Snipper Bags has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ayush Singh Also directs: Shri Ganesh Nutritions Private Limited, Ipcosys Private Limited | Additional Director | 25 Aug 2023 | 3 Years 1 Months | Current |
| Mayank Khatpal Also directs: Shri Ganesh Nutritions Private Limited, Ipcosys Private Limited | Additional Director | 25 Aug 2023 | 3 Years 1 Months | Current |
| Ram Shankar | Director | 29 Dec 2017 | 8 Years 9 Months | Current |
| Ravi Shankar | Director | 29 Dec 2017 | 8 Years 9 Months | Current |
Peer Comparison of Snipper Bags Private Limited
Snipper Bags Private Limited is compared with the companies closest to it by revenue in the Consumer Products industry (Accessories Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Progressive Lifestyles Private Limited | ₹57.53 Cr (FY 2025) | •••• | •••• | 109.0% | •••• | Panchkula, Haryana, India |
| Green Shield Enterprises Private Limited | ₹57.45 Cr (FY 2020) | •••• | •••• | 5.0% | •••• | Mumbai, Maharashtra, India |
| Neom Trading and Technology Services Private Limited | ₹56.65 Cr (FY 2024) | •••• | •••• | -14.0% | •••• | Bangalore, Karnataka, India |
| Delsey India Private Limited | ₹56.16 Cr (FY 2025) | •••• | •••• | -19.0% | •••• | New Delhi, Delhi, India |
| Trucarekidz India Private Limited | ₹56.12 Cr (FY 2025) | •••• | •••• | 19.0% | •••• | Mumbai, Maharashtra, India |
| Snipper Bags Private Limited this company | ₹55.54 Cr (FY 2024) | •••• | •••• | •••• | Delhi, India | |
| Bullstone Private Limited | ₹55.53 Cr (FY 2024) | •••• | •••• | -1.0% | •••• | Haryana, India |
| All Gift Studio Private Limited | ₹55.17 Cr (FY 2023) | •••• | •••• | 13.0% | •••• | Ahmedabad, Gujarat, India |
| Spa Lifestyle Private Limited. | ₹54.26 Cr (FY 2025) | •••• | •••• | 4.0% | •••• | New Delhi, Delhi, India |
| Hourglass Essentials Private Limited | ₹53.09 Cr (FY 2024) | •••• | •••• | -43.0% | •••• | Bangalore, Karnataka, India |
| Bishnu Mama Fashions Private Limited | ₹52.77 Cr (FY 2025) | •••• | •••• | 31.0% | •••• | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Snipper Bags by revenue in the Consumer Products industry (Accessories Retail and Distribution), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Snipper Bags Private Limited
Snipper Bags Private Limited is audited by R GOEL & CO for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| R GOEL & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Snipper Bags Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Snipper Bags Private Limited
Snipper Bags Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Snipper Bags Private Limited
Employment history and EPFO contributions of people linked to Snipper Bags.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Snipper Bags Private Limited
Snipper Bags Private Limited has 4 board changes on record since 2017: 4 appointments. The latest: Ayush Singh was appointed as Additional Director on 25 Aug 2023.
Credit Ratings, Litigation & Regulatory Alerts for Snipper Bags Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Snipper Bags Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Snipper Bags Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Snipper Bags Private Limited
Snipper Bags has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAZCS6595A1ZP | Delhi | Active | 08 Feb 2018 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Snipper Bags Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Snipper Bags Private Limited
Snipper Bags is an active private limited company based in Delhi, India. The company works in accessories retail and distribution, within the consumer goods industry. It was incorporated on 29 December 2017 (9+ years old) and is registered under CIN U51909DL2017PTC327771.
Snipper Bags reported revenue of ₹55.54 Cr for FY 2024.
Snipper Bags has 4 current directors:
- Ayush Singh - Additional Director
- Mayank Khatpal - Additional Director
- Ram Shankar - Director
- Ravi Shankar - Director
Snipper Bags reported a net profit of ₹23.04 Lakh (net margin 0.4%) and EBITDA of ₹23.04 Lakh (EBITDA margin 0.4%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Snipper Bags is 517% over three years and 172% over five years. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Snipper Bags is 07AAZCS6595A1ZP, registered in Delhi.
The CIN (Corporate Identification Number) of Snipper Bags is U51909DL2017PTC327771. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Snipper Bags was incorporated on 29 December 2017, making it 9+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Snipper Bags by revenue are Progressive Lifestyles Private Limited, Green Shield Enterprises Private Limited, Neom Trading and Technology Services Private Limited, Delsey India Private Limited, Trucarekidz India Private Limited and 5 more, all in the Consumer Products industry (Accessories Retail and Distribution).
Ayush Singh was appointed as Additional Director on 25 Aug 2023. Mayank Khatpal was appointed as Additional Director on 25 Aug 2023. Ram Shankar was appointed as Director on 29 Dec 2017. Snipper Bags has 4 board changes on record in total.
Snipper Bags can be reached through the website vkfashions.com. Its registered office is in Delhi, India.