1. Suwarn Sparsh Industries Private Limited
About 1. Suwarn Sparsh Industries Private Limited
Data last updated:
1. Suwarn Sparsh Industries Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the watches and jewelry manufacturing segment of the consumer goods sector. It was incorporated on 02 November 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U28113MH2012PTC237442. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹12.75 Lakh. It is led by directors Kinnari Vimalkumar Patel and Vimal Mafatlal Patel.
Its last annual general meeting (AGM) was held on 30 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2017, the company reported a revenue of ₹1.85 Cr, a decline of 23% compared to the previous year. For the same year it recorded a net profit of ₹4.15 Lakh (net margin 2.2%) and EBITDA of ₹25.26 Lakh (EBITDA margin 13.6%).
As per MCA filings, the company has open charges of ₹1 Cr on record.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
1. Suwarn Sparsh Industries Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address10th Floor Parekh Market 39 Jagannath Shankar Seth Road Opera H, Ouse, Mumbai, Maharashtra, India – 400004
- IndustryConsumer Goods, Watches & Jewelry Manufacturing
To see the full contact details of 1. Suwarn Sparsh Industries 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 1. Suwarn Sparsh Industries 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 1. Suwarn Sparsh Industries Private Limited, buy the company report.
Financials of 1. Suwarn Sparsh Industries Private Limited
FY 2017 filings available1. Suwarn Sparsh Industries Private Limited reported revenue of ₹1.85 Cr (down 23% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue fell 23% in the latest year. EBITDA fell 2% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹1.85 Cr | ||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹25.26 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹4.15 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
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 13.6% | ||
| Net Profit Margin | 2.2% | ||
| 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 1. Suwarn Sparsh Industries Private Limited, buy the company report.
Board of directors of 1. Suwarn Sparsh Industries Private Limited
1. Suwarn Sparsh Industries has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kinnari Vimalkumar Patel | Director | 02 Nov 2012 | 14 Years 0 Months | Current |
| Vimal Mafatlal Patel | Director | 02 Nov 2012 | 14 Years 0 Months | Current |
Peer comparison
1. Suwarn Sparsh Industries Private Limited is compared with the 3 companies closest to it by revenue in the Consumer Products industry (Watches and Jewellery Manufacturers), with 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 |
|---|---|---|---|---|---|---|
| Shraddha Jewels Private Limited | ₹1.89 Cr (FY 2024) | -74.0% | Surat, Gujarat, India | |||
| 1. Suwarn Sparsh Industries Private Limitedthis company | ₹1.85 Cr (FY 2017) | ₹4.15 Lakh | 2.2% | -23.0% | Mumbai, Maharashtra, India | |
| Radha Chain Co. Private Limited | ₹1.85 Cr (FY 2025) | -15.0% | Agra, Uttar Pradesh, India | |||
| Python Sports Private Limited | ₹1.85 Cr (FY 2025) | -10.0% | Meerut, Uttar Pradesh, India |
To see the full peer comparison of 1. Suwarn Sparsh Industries Private Limited, buy the company report.
Auditor
1. Suwarn Sparsh Industries Private Limited is audited by A.A.GHADIALI & CO. for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A.A.GHADIALI & CO. | FY 2017 | 138344W |
Shareholding
The shareholding of 1. Suwarn Sparsh Industries 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 1. Suwarn Sparsh Industries Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Dec 2015 | 10620475 | Bank of India | ₹1 Cr | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving 1. Suwarn Sparsh Industries 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 1. Suwarn Sparsh Industries Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
1. Suwarn Sparsh Industries has 1 associated company. This group structure data is as of FY 2017. The table lists each entity with its relationship and holding.
GST
1. Suwarn Sparsh Industries 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 1. Suwarn Sparsh Industries Private Limited, buy the company report.
Recent activity
1. Suwarn Sparsh Industries Private Limited has 2 board changes on record since 2012: 2 appointments. The latest: Kinnari Vimalkumar Patel was appointed as Director on 02 Nov 2012.
Frequently asked questions
1. Suwarn Sparsh Industries is an active private limited company based in Mumbai, Maharashtra, India. The company works in watches and jewelry manufacturing, within the consumer goods industry. It was incorporated on 02 November 2012 (14+ years old) and is registered under CIN U28113MH2012PTC237442.
1. Suwarn Sparsh Industries has 2 current directors:
- Kinnari Vimalkumar Patel - Director
- Vimal Mafatlal Patel - Director
The latest financial statements of 1. Suwarn Sparsh Industries on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 30 September 2017. Year-wise statements from 2015 are in the company report.
No. 1. Suwarn Sparsh Industries has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of 1. Suwarn Sparsh Industries is U28113MH2012PTC237442. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
1. Suwarn Sparsh Industries was incorporated on 02 November 2012, making it 14+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of 1. Suwarn Sparsh Industries by revenue are Shraddha Jewels Private Limited, Radha Chain Co. Private Limited, Python Sports Private Limited, all in the Consumer Products industry (Watches and Jewellery Manufacturers), with the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities).
Kinnari Vimalkumar Patel was appointed as Director on 02 Nov 2012. Vimal Mafatlal Patel was appointed as Director on 02 Nov 2012.
The registered office of 1. Suwarn Sparsh Industries is at 10th Floor Parekh Market 39 Jagannath Shankar Seth Road Opera H, Ouse, Mumbai, Maharashtra, India – 400004.
1. Suwarn Sparsh Industries operates in the consumer goods industry, in the watches and jewelry manufacturing segment.
1. Suwarn Sparsh Industries has open charges of ₹1 Cr and no satisfied charges on record as per latest MCA filings.
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