Sofi Oil Private Limited
About Sofi Oil Private Limited
Data last updated:
Sofi Oil Private Limited was a private limited company based in Jalna, 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 retail trade segment of the trading and commerce sector. It was incorporated on 09 December 2016.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U15549MH2016PTC288367. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Amol Paralkar and Dipesh Patni.
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 was at Gut No – 91 Gundewadi Bhokardan Road, Jalna, Maharashtra, India – 431203.
As per the financials filed for FY 2020, the company reported a revenue of ₹9.12 Cr, a decline of 44% compared to the previous year. For the same year it recorded a net profit of ₹68,082 (net margin 0.1%) and EBITDA of ₹5.2 Cr (EBITDA margin 57%). Revenue has grown at a compounded annual rate (CAGR) of 600% over three years.
Company details
Contact details
Sofi Oil Private Limited's registered office is in Jalna, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressGut No – 91 Gundewadi Bhokardan Road, Jalna, Maharashtra, India – 431203
- IndustryTrading, Retailers, Retail Trading
To see the full contact details of Sofi Oil 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
Financials of Sofi Oil Private Limited
FY 2024 filings availableSofi Oil Private Limited reported revenue of ₹9.12 Cr (down 44% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue fell 44% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 600%. 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ₹9.12 Cr | |||
| Other Income | ||||
| Total Revenue | ||||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹5.2 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹68,082 | |||
| 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 57% | |||
| Net Profit Margin | 0.1% | |||
| 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 Sofi Oil Private Limited, buy the company report.
Board of directors of Sofi Oil Private Limited
Sofi Oil has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amol Paralkar | Director | 30 May 2018 | 8 Years 4 Months | As last reported |
| Dipesh Patni Also directs: Vrishabh Cotton Private Limited | Director | 31 Mar 2018 | 8 Years 6 Months | As last reported |
Auditor
Sofi Oil Private Limited is audited by Bhushan R Bhakkad & Co. for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Bhushan R Bhakkad & Co. | FY 2017 | 121510 |
Shareholding
The shareholding of Sofi Oil Private Limited is on record for FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Sofi Oil Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Sofi Oil 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 Sofi Oil Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Sofi Oil 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 Sofi Oil Private Limited, buy the company report.
Recent activity
Sofi Oil Private Limited has 6 board changes on record since 2018: 2 appointments and 4 cessations. The latest: Amol Paralkar ceased to be Additional Director on 29 Sep 2019.
Frequently asked questions
Sofi Oil 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.
Sofi Oil was a private limited company based in Jalna, Maharashtra, India. The company worked in retailers, within the trading industry. It was incorporated on 09 December 2016 and is registered under CIN U15549MH2016PTC288367. The company has been struck off by the Registrar of Companies and is no longer operational.
Sofi Oil had 2 directors:
- Amol Paralkar - Director
- Dipesh Patni - Director
The CIN (Corporate Identification Number) of Sofi Oil is U15549MH2016PTC288367. 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 Sofi Oil is at Gut No – 91 Gundewadi Bhokardan Road, Jalna, Maharashtra, India – 431203.
Sofi Oil was incorporated on 09 December 2016. It is registered with the Registrar of Companies, Mumbai.
The latest financial statements of Sofi Oil on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2017 are in the company report.
No. Sofi Oil has 1 GST registration on record and it is cancelled or inactive.
Sofi Oil operated in the trading industry, in the retailers segment. It worked in this industry before it was struck off.
Amol Paralkar ceased to be Additional Director on 29 Sep 2019. Dipesh Patni ceased to be Additional Director on 29 Sep 2019. Amol Paralkar was appointed as Director on 30 May 2018. Sofi Oil has 6 board changes on record in total.