About Tushar Handworks Private Limited
Data last updated:
Tushar Handworks Private Limited was a private limited company based in Jaipur, Rajasthan, 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 sports goods segment of the musical instruments sector. It was incorporated on 30 June 2015.
The company was registered with the Registrar of Companies (ROC), Jaipur, under CIN U18101RJ2015PTC047824. The company has 1 GST registration on record, which is no longer active.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 including Tushar Jain Bhatnagar and Subhash Bhatnagar.
Its last annual general meeting (AGM) was held on 30 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office was at P. No.11 Gangwal Park, Jaipur, Rajasthan, India – 302004.
As per the financials filed for FY 2020, the company reported a revenue of ₹6.59 Lakh, a decline of 84% compared to the previous year. For the same year it recorded a net loss of ₹3.26 Lakh (net margin -49.5%) and EBITDA of -₹3.07 Lakh (EBITDA margin -46.6%). Revenue has declined at a compounded annual rate (CAGR) of 23% over three years.
The last known website on record is tushargroup.com.
Company details
Contact details
Tushar Handworks Private Limited's registered office is in Jaipur, Rajasthan. Its website is tushargroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressP. No.11 Gangwal Park, Jaipur, Rajasthan, India – 302004
- IndustryMusical Instruments, Sports Goods, Jewellery, Musical Instrument, Manufacturing
To see the full contact details of Tushar Handworks 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 Tushar Handworks is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Tushar Handworks Private Limited, buy the company report.
Financials of Tushar Handworks Private Limited
FY 2020 filings availableTushar Handworks Private Limited reported revenue of ₹6.59 Lakh (down 84% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 23% over three years, including a 84% fall 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
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| EBITDA | -₹3.07 Lakh | ||||
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| Net Profit (PAT) | -₹3.26 Lakh | ||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
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| Profitability | |||||
| EBITDA Margin | -46.6% | ||||
| Net Profit Margin | -49.5% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Tushar Handworks Private Limited, buy the company report.
Board of directors of Tushar Handworks Private Limited
Tushar Handworks has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Tushar Jain Bhatnagar | Director | 30 Jun 2015 | 11 Years 4 Months | As last reported |
| Subhash Bhatnagar | Director | 30 Jun 2015 | 11 Years 4 Months | As last reported |
| Vandana Jain | Director | 30 Jun 2015 | 11 Years 4 Months | As last reported |
Peer comparison
Tushar Handworks Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Chakra Gems Art Private Limited | ₹6.6 Lakh (FY 2025) | -70.0% | Anjuna, Goa, India | |||
| Saptam Seeds Private Limited | ₹6.6 Lakh (FY 2020) | -11.0% | Karnal, Haryana, India | |||
| Sasco Electrotech Private Limited | ₹6.6 Lakh (FY 2019) | -80.0% | New Delhi, Delhi, India | |||
| Koco Eco Technik Private Limited | ₹6.6 Lakh (FY 2025) | -99.0% | Coimbatore, Tamil Nadu, India | |||
| Silvense Private Limited | ₹6.6 Lakh (FY 2025) | -98.0% | Jaipur, Rajasthan, India | |||
| Tushar Handworks Private Limitedthis company | ₹6.59 Lakh (FY 2020) | -₹3.26 Lakh | -49.5% | -84.0% | Jaipur, Rajasthan, India | |
| Glaxton Appliances Private Limited | ₹6.59 Lakh (FY 2020) | 31.0% | Hyderabad, Telangana, India | |||
| Caratmantra Jewels India Private Limited | ₹6.59 Lakh (FY 2023) | -92.0% | Vadodara, Gujarat, India | |||
| Mor Music Private Limited | ₹6.58 Lakh (FY 2025) | Delhi, India | ||||
| Dhauladhar Cements Private Limited | ₹6.57 Lakh (FY 2025) | -95.0% | Paonta Sahib, Himachal Pradesh, India | |||
| Kala Mrittika Private Limited | ₹6.56 Lakh (FY 2024) | -16.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Tushar Handworks Private Limited, buy the company report.
Auditor
Tushar Handworks Private Limited is audited by GUPTA JANGID AND COMPANY for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GUPTA JANGID AND COMPANY | FY 2017 | 007683C |
Shareholding
The shareholding of Tushar Handworks Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Tushar Handworks Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Tushar Handworks 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 Tushar Handworks Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Tushar Handworks 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 Tushar Handworks Private Limited, buy the company report.
Recent activity
Tushar Handworks Private Limited has 3 board changes on record since 2015: 3 appointments. The latest: Subhash Bhatnagar was appointed as Director on 30 Jun 2015.
Frequently asked questions
Tushar Handworks 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.
Tushar Handworks was a private limited company based in Jaipur, Rajasthan, India. The company worked in sports goods, within the musical instruments industry. It was incorporated on 30 June 2015 and is registered under CIN U18101RJ2015PTC047824. The company has been struck off by the Registrar of Companies and is no longer operational.
Tushar Handworks had 3 directors:
- Tushar Jain Bhatnagar - Director
- Subhash Bhatnagar - Director
- Vandana Jain - Director
The CIN (Corporate Identification Number) of Tushar Handworks is U18101RJ2015PTC047824. 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 Tushar Handworks is at P. No.11 Gangwal Park, Jaipur, Rajasthan, India – 302004.
Tushar Handworks was incorporated on 30 June 2015. It is registered with the Registrar of Companies, Jaipur.
Tushar Handworks can be reached through the website tushargroup.com. Its registered office is in Jaipur, Rajasthan, India.
The latest financial statements of Tushar Handworks on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 30 December 2020. Year-wise statements from FY 2016 are in the company report.
No. Tushar Handworks has 1 GST registration on record and it is cancelled or inactive.
Tushar Handworks operated in the musical instruments industry, in the sports goods segment. It worked in this industry before it was struck off.
The peers of Tushar Handworks by revenue are Chakra Gems Art Private Limited, Saptam Seeds Private Limited, Sasco Electrotech Private Limited, Koco Eco Technik Private Limited, Silvense Private Limited and 5 more, all in the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities).
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