About Shobha Asars
Shobha Asars was an Industrial Goods & Manufacturing company based in Mumbai (India) founded in 1981 by Shobha Asar. It produces high-quality furniture products. It operates on a B2B model. The company has 69 employees. Its Indian entity Shobha Asars Private Limited reported revenue of ₹76.99 Cr. The company is recorded as dissolved. Its focus areas include Manufacturing, Furniture Production, Home Goods and Furniture Manufacturing. Its competitors include 10Club, Nestasia and Fabindia; 2 of its 3 listed competitors have raised funding.
Company details
Shobha Asars, led by Shobha Asar as Founder, specializes in producing manufactured goods, furniture production, home goods, and furniture manufacturing. Produces high-quality furniture products. The team drives innovation, quality service, and sustainable practices to achieve excellence and client satisfaction. It continues to evolve, meeting industry challenges with strategic approaches.
- Headquarters Mumbai, India
- Employees 69
- Founders Shobha Asar
- SectorsIndustrial Goods & Manufacturing
- Website shobhaasars.com
- Social X
- Legal Name Shobha Asars Private Limited
- Date of Incorporation 22 May, 2008
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹76.99 Cr
FY 2018 · +4% YoY
- Net Profit₹42.7 Lakh
FY 2018 · 1% margin
- EBITDA₹8.20 Cr
FY 2018 · 11% margin
- Employee Count69
Associated legal entities of Shobha Asars
Shobha Asars operates through Shobha Asars Private Limited (under cirp). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2018) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Shobha Asars Private Limited CIN U36996MH2008PTC182521 | Under Cirp | 22 May 2008 | Mumbai, Maharashtra | ₹77.0 Cr | 69 | 3 | View details |
Board of directors of Shobha Asars Private Limited (Shobha Asars)
Shobha Asars Private Limited is the primary company behind Shobha Asars. The board of Shobha Asars Private Limited currently have 3 directors; the longest-serving is Sidaarth H Asar, appointed in 2018. 7 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Sidaarth H Asar DIN 02073528 | Director | 06 Apr 2018 | 8 yrs 7 mo | Shobha Asars Private Limited |
| Haresh Dwarkadas Asar DIN 02073525 | Additional Director | 24 Sep 2019 | 7 yrs 1 mo | Shobha Asars Private Limited |
| Shobha Haresh Asar DIN 02210255 | Additional Director | 30 Sep 2019 | 7 yrs 1 mo | Shobha Asars Private Limited |
People of Shobha Asars
1 people are tracked at Shobha Asars (1 in leadership); the tracked headcount is 69.
| Name | Role | Group |
|---|---|---|
| Founder | Leadership |
Complete people profiles for Shobha Asars
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Financials of Shobha Asars
Figures of Shobha Asars Private Limited, the primary company behind Shobha Asars, for FY 2018. Revenue was ₹76.99 Cr (+4% year on year). Net profit was ₹42.7 Lakh (1% margin). EBITDA was ₹8.20 Cr (11% margin). Revenue has grown at a compounded annual rate of 0% over three years.
- ₹76.99 CrRevenue · FY 2018 · +4% YoY
- ₹42.7 LakhNet profit · 1% margin
- ₹8.20 CrEBITDA · 11% margin
- ₹9.60 CrPaid-up capital
- 69Employees (provident fund records)
- 0%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Shobha Asars Private Limited are on its company page.
Detailed financial statements for Shobha Asars
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- Statement rows
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- Downloads
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Competitors of Shobha Asars
Shobha Asars has 3 listed competitors in our database, 2 of them funded. They include 10Club, Nestasia and Fabindia.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| 10clubhomes.com | 2020 | Bengaluru, India | $44.47M | 48 | Multi-category home products are offered through an internet-first platform. | |
| nestasia.in | 2018 | Kolkata, India | $12.4M | 164 | Internet-first brand of multi-category home improvement products | |
| fabindia.com | 1960 | Delhi, India | 1,522 | Internet first brand of ethnic wear, home furniture, and home decor products |
Detailed competitors of Shobha Asars
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- Full competitor set
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Top companies in Textile & Yarn Production
3 companies that operate in the same segment as Shobha Asars (Textile & Yarn Production) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Bicycle manufacturing, sales, and accessory services in India. | 1956 | Gurugram, Haryana, India | USD 246.88 M | 2,472 | ||
Fabrics, synthetic yarns, viscose, chemicals, and linen products are manufactured. | 1947 | Ujjain, Madhya Pradesh, India | USD 18.65 B | 193 | ||
Home textile products are manufactured, retailed, and distributed globally. | 1985 | Bengaluru, Karnataka, India | USD 253.24 M | 8,060 |
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Frequently Asked Questions about Shobha Asars
Shobha Asars was founded in 1981.
Shobha Asars is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Shobha Asars has 69 employees.
The primary company behind Shobha Asars, Shobha Asars Private Limited, reported revenue of ₹76.99 Cr for FY 2018, up 4% year on year.
Shobha Asars, led by Shobha Asar as Founder, specializes in producing manufactured goods, furniture production, home goods, and furniture manufacturing. Produces high-quality furniture products. The team drives innovation, quality service, and sustainable practices to achieve excellence and client satisfaction. It continues to evolve, meeting industry challenges with strategic approaches.
Shobha Asars operates through Shobha Asars Private Limited.
The legal entities of Shobha Asars currently have 3 directors, including Shobha Haresh Asar, Haresh Dwarkadas Asar, Sidaarth H Asar.