Charmy Spares Private Limited
About Charmy Spares Private Limited
Data last updated:
Charmy Spares Private Limited was a private limited company based in Surat, Gujarat, 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 industrial machinery retail and distribution segment of the machinery and industrial equipment sector. It was incorporated on 05 January 1995.
The company was registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U29199GJ1995PTC024101. The company has 1 GST registration on record, which is no longer active.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 Lalit Nathubhai Asodia and Nandish Pravinkumar Asodia.
Its last annual general meeting (AGM) was held on 24 July 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at Shed No 11 Onkar Indus Estateganibhai Compound Opp Shruti Society Fulpada – Kataragam Rd, Surat, Gujarat, India.
As per the financials filed for FY 2023, the company reported a revenue of ₹34,683, a decline of 94% compared to the previous year. For the same year it recorded a net profit of ₹14,907 (net margin 43%) and EBITDA of ₹16,503 (EBITDA margin 47.6%). Revenue has declined at a compounded annual rate (CAGR) of 43% over three years and 52% over five years.
Company details
Contact details
Charmy Spares Private Limited's registered office is in Surat, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressShed No 11 Onkar Indus Estateganibhai Compound Opp Shruti Society Fulpada – Kataragam Rd, Surat, Gujarat, India
- IndustryMachinery and Equipment, Industrial Machinery Retail & Distribution
To see the full contact details of Charmy Spares 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 Charmy Spares Private Limited
FY 2023 filings availableCharmy Spares Private Limited reported revenue of ₹34,683 (down 94% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 52% over five years, including a 94% fall in the latest year. EBITDA rose 107% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | ₹16,503 | ||||
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| Net Profit (PAT) | ₹14,907 | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA Margin | 47.6% | ||||
| Net Profit Margin | 43% | ||||
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To see the full financial statements and ratios of Charmy Spares Private Limited, buy the company report.
Board of directors of Charmy Spares Private Limited
Charmy Spares has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Lalit Nathubhai Asodia | Director | 15 Sep 1995 | 31 Years 1 Months | As last reported |
| Nandish Pravinkumar Asodia Also directs: Mahashiv Textile Engineering Private Limited | Director | 01 Dec 2001 | 24 Years 10 Months | As last reported |
Peer comparison
Charmy Spares Private Limited is compared with the 10 companies closest to it by revenue in the Machinery and Equipment industry (Machinery and Equipment Retail and Distribution), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Bindhyawasini Buildcon India Private Limited | ₹40,200 (FY 2024) | 15.0% | Raipur, Chhattisgarh, India | |||
| Ben Mitra & Co Pvt Ltd | ₹40,100 (FY 2022) | 11.0% | Kolkata, West Bengal, India | |||
| Manik Sharma Generators Private Limited | ₹40,000 (FY 2025) | 142.0% | Delhi, India | |||
| Reddiar Tools Private Limited | ₹39,490 (FY 2024) | Chennai, Tamil Nadu, India | ||||
| Robust Mega Infra Projects (India) Private Limited | ₹35,212 (FY 2022) | -83.0% | Hyderabad, Telangana, India | |||
| Charmy Spares Private Limitedthis company | ₹34,683 (FY 2023) | ₹14,907 | 43% | -94.0% | Surat, Gujarat, India | |
| Shelly Tools Private Limited | ₹33,941 (FY 2019) | 79.0% | Delhi, India | |||
| Infinity Construction Equipments Private Limited | ₹33,898 (FY 2022) | Patna, Bihar, India | ||||
| Al Hana Agro Industries Private Limited | ₹33,610 (FY 2023) | Delhi, India | ||||
| Constructions Specialists (India) Pvt Ltd | ₹33,120 (FY 2024) | Kolkata, West Bengal, India | ||||
| Bharat Explochem Private Limited | ₹32,860 (FY 2025) | -11.0% | Bhilwara, Rajasthan, India |
To see the full peer comparison of Charmy Spares Private Limited, buy the company report.
Auditor
Charmy Spares Private Limited is audited by D J JARIWALA & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| D J JARIWALA & CO | FY 2019 | 127497W |
Shareholding
The shareholding of Charmy Spares Private Limited is on record for 4 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Charmy Spares Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Charmy Spares 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 Charmy Spares Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Charmy Spares 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 Charmy Spares Private Limited, buy the company report.
Recent activity
Charmy Spares Private Limited has 3 board changes on record since 1995: 2 appointments and 1 cessation. The latest: Bhavana Manoj Parmar ceased to be Director on 07 Aug 2023.
Frequently asked questions
Charmy Spares 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.
Charmy Spares was a private limited company based in Surat, Gujarat, India. The company worked in industrial machinery retail and distribution, within the machinery and equipment industry. It was incorporated on 05 January 1995 and is registered under CIN U29199GJ1995PTC024101. The company has been struck off by the Registrar of Companies and is no longer operational.
Charmy Spares had 2 directors:
- Lalit Nathubhai Asodia - Director
- Nandish Pravinkumar Asodia - Director
The CIN (Corporate Identification Number) of Charmy Spares is U29199GJ1995PTC024101. 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 Charmy Spares is at Shed No 11 Onkar Indus Estateganibhai Compound Opp Shruti Society Fulpada – Kataragam Rd, Surat, Gujarat, India.
Charmy Spares was incorporated on 05 January 1995. It is registered with the Registrar of Companies, Ahmedabad.
The latest financial statements of Charmy Spares on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 24 July 2023. Year-wise statements from 2015 are in the company report.
No. Charmy Spares has 1 GST registration on record and it is cancelled or inactive.
Charmy Spares operated in the machinery and equipment industry, in the industrial machinery retail and distribution segment. It worked in this industry before it was struck off.
The peers of Charmy Spares by revenue are Bindhyawasini Buildcon India Private Limited, Ben Mitra & Co Pvt Ltd, Manik Sharma Generators Private Limited, Reddiar Tools Private Limited, Robust Mega Infra Projects (India) Private Limited and 5 more, all in the Machinery and Equipment industry (Machinery and Equipment Retail and Distribution).
Bhavana Manoj Parmar ceased to be Director on 07 Aug 2023. Nandish Pravinkumar Asodia was appointed as Director on 01 Dec 2001. Lalit Nathubhai Asodia was appointed as Director on 15 Sep 1995.