
Artguru Handicrafts Private Limited
About Artguru Handicrafts Private Limited
Data last updated:
Artguru Handicrafts Private Limited was a private limited company based in Indore, Madhya Pradesh, 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 25 February 2016.
The company was registered with the Registrar of Companies (ROC), Gwalior, under CIN U51399MP2016PTC035436.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Kamlesh Panchal and Mahipal Singh Rawat.
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 was at 10 – Saidham Colony Sharma Enclave Parisar Near Nandgaon Complex, Indore, Madhya Pradesh, India – 452001.
As per the financials filed for FY 2017, the company reported a revenue of ₹9.37 Lakh, a decline of 41% compared to the previous year. For the same year it recorded a net loss of ₹5,090 (net margin -0.5%) and EBITDA of ₹23,885 (EBITDA margin 2.6%).
Company details
Contact details
Artguru Handicrafts Private Limited's registered office is in Indore, Madhya Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address10 – Saidham Colony Sharma Enclave Parisar Near Nandgaon Complex, Indore, Madhya Pradesh, India – 452001
- IndustryMusical Instruments, Sports Goods, Jewellery, Musical Instrument, Manufacturing
To see the full contact details of Artguru Handicrafts 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 Artguru Handicrafts 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 Artguru Handicrafts Private Limited, buy the company report.
Financials of Artguru Handicrafts Private Limited
FY 2017 filings availableArtguru Handicrafts Private Limited reported revenue of ₹9.37 Lakh (down 41% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue fell 41% in the latest year. EBITDA rose 505% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ₹9.37 Lakh | |
| Other Income | ||
| Total Revenue | ||
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹23,885 | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹5,090 | |
| 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 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 2.6% | |
| Net Profit Margin | -0.5% | |
| 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 Artguru Handicrafts Private Limited, buy the company report.
Board of directors of Artguru Handicrafts Private Limited
Artguru Handicrafts has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mahipal Singh Rawat | Nominee Director | 25 Feb 2016 | 10 Years 8 Months | As last reported |
| Kamlesh Panchal | Director | 25 Feb 2016 | 10 Years 8 Months | As last reported |
Peer comparison
Artguru Handicrafts 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 |
|---|---|---|---|---|---|---|
| C G M Equipments Private Limited | ₹9.47 Lakh (FY 2024) | -35.0% | Kolkata, West Bengal, India | |||
| Ignit Technical Solutions Private Limited | ₹9.42 Lakh (FY 2025) | -13.0% | Chennai, Tamil Nadu, India | |||
| Betty Holistic and Skin Care Private Limited | ₹9.42 Lakh (FY 2024) | Panchkula, Haryana, India | ||||
| Chamar Private Limited | ₹9.41 Lakh (FY 2024) | -24.0% | Mumbai, Maharashtra, India | |||
| Nesta Protein Private Limited | ₹9.38 Lakh (FY 2024) | -96.0% | Kolkata, West Bengal, India | |||
| Artguru Handicrafts Private Limitedthis company | ₹9.37 Lakh (FY 2017) | -₹5,090 | -0.5% | -41.0% | Indore, Madhya Pradesh, India | |
| Bayyarapu Energy Solutions and Technologies Private Limited | ₹9.35 Lakh (FY 2023) | 156.0% | Hyuderabad, Telangana, India | |||
| Biba Chem Private Limited | ₹9.33 Lakh (FY 2024) | 0.0% | New Delhi, Delhi, India | |||
| Bakliwal Gems and Jewellery Private Limited | ₹9.33 Lakh (FY 2024) | Jaipur, Rajasthan, India | ||||
| Mohabiya's Power Solution Private Limited | ₹9.32 Lakh (FY 2018) | Nashikroad, Maharashtra, India | ||||
| Reels Ultra Industry Private Limited | ₹9.31 Lakh (FY 2024) | 57.0% | Surat, Gujarat, India |
To see the full peer comparison of Artguru Handicrafts Private Limited, buy the company report.
Auditor
Artguru Handicrafts Private Limited is audited by VishalPaliwal&Associates for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VishalPaliwal&Associates | FY 2017 | 011145C |
Shareholding
The shareholding of Artguru Handicrafts 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 Artguru Handicrafts Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Artguru Handicrafts 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 Artguru Handicrafts Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Artguru Handicrafts Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Artguru Handicrafts Private Limited has 2 board changes on record since 2016: 2 appointments. The latest: Kamlesh Panchal was appointed as Director on 25 Feb 2016.
Frequently asked questions
Artguru Handicrafts 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.
Artguru Handicrafts was a private limited company based in Indore, Madhya Pradesh, India. The company worked in sports goods, within the musical instruments industry. It was incorporated on 25 February 2016 and is registered under CIN U51399MP2016PTC035436. The company has been struck off by the Registrar of Companies and is no longer operational.
Artguru Handicrafts had 2 directors:
- Mahipal Singh Rawat - Nominee Director
- Kamlesh Panchal - Director
The CIN (Corporate Identification Number) of Artguru Handicrafts is U51399MP2016PTC035436. 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 Artguru Handicrafts is at 10 – Saidham Colony Sharma Enclave Parisar Near Nandgaon Complex, Indore, Madhya Pradesh, India – 452001.
Artguru Handicrafts was incorporated on 25 February 2016. It is registered with the Registrar of Companies, Gwalior.
The latest financial statements of Artguru Handicrafts 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 FY 2016 are in the company report.
Artguru Handicrafts operated in the musical instruments industry, in the sports goods segment. It worked in this industry before it was struck off.
The peers of Artguru Handicrafts by revenue are C G M Equipments Private Limited, Ignit Technical Solutions Private Limited, Betty Holistic and Skin Care Private Limited, Chamar Private Limited, Nesta Protein Private Limited and 5 more, all in the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities).
Kamlesh Panchal was appointed as Director on 25 Feb 2016. Mahipal Singh Rawat was appointed as Nominee Director on 25 Feb 2016.
The compliance status of Artguru Handicrafts is active non-compliant as of 24 August 2026.

