- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-19-0003140

About Cruise Electric Private Limited
Data last updated:
Cruise Electric Private Limited is a private limited company based in Andheri East Mumbai, Maharashtra, India. It operates in the white goods retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 13 January 1998 and has been in existence for over 28 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U29191MH1998PTC112950. Its GSTIN is 26AACCS7671Q1ZK (Dadra and Nagar Haveli and Daman and Diu). The company holds 5 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹75 Lakh and a paid-up capital of ₹74.14 Lakh. It was formerly known as Seagull Cooling Private Limited. It is led by directors Parasmal Bhikamchand Sirohia and Shailendra Kant Mishra.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at G – 2 Industry House 23 – Bmahal Industrial Estate Mahakali Caves Road, Andheri East Mumbai, Maharashtra, India – 400093.
As per the financials filed for FY 2025, the company reported a revenue of ₹30.13 Cr, a decline of 7% compared to the previous year. For the same year it recorded a net profit of ₹28.66 Lakh (net margin 1%) and EBITDA of ₹1.07 Cr (EBITDA margin 3.5%). Revenue has declined at a compounded annual rate (CAGR) of 6% over three years and 1% over five years.
As per MCA filings, the company has open charges of ₹12.83 Cr and satisfied charges of ₹18.52 Cr on record. Court records list 8 cases involving the company, including 6 filed by the company and 2 filed against it; 1 case is pending.
Cruise Electric Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0003140). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website cruiseac.com.
Company details
Recognitions & Rankings of Cruise Electric
Contact details
Cruise Electric Private Limited's registered office is in Andheri East Mumbai, Maharashtra. Its website is cruiseac.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressG – 2 Industry House 23 – Bmahal Industrial Estate Mahakali Caves Road, Andheri East Mumbai, Maharashtra, India – 400093
- IndustryConsumer Electronics & Durables, White Goods Retail & Distribution
To see the full contact details of Cruise Electric 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 activities of Cruise Electric are manufacturing and trade. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment and wholesale trading. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | |
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Cruise Electric Private Limited, buy the company report.
Financials of Cruise Electric Private Limited
FY 2025 filings availableCruise Electric Private Limited reported revenue of ₹30.13 Cr (down 7% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 1% over five years, including a 7% fall in the latest year. EBITDA rose 38% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹1.07 Cr | ||||
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| Net Profit (PAT) | ₹28.66 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 3.5% | ||||
| Net Profit Margin | 1% | ||||
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To see the full financial statements and ratios of Cruise Electric Private Limited, buy the company report.
Board of directors of Cruise Electric Private Limited
Cruise Electric has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Parasmal Bhikamchand Sirohia | Director | 13 Jan 1998 | 28 Years 9 Months | Current |
| Shailendra Kant Mishra | Director | 13 Jan 1998 | 28 Years 9 Months | Current |
Peer comparison
Cruise Electric Private Limited is compared with the 6 companies closest to it by revenue in the Consumer Durables industry (White Goods), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Dixon Appliances Private Limited | ₹130.79 Cr (FY 2016) | 21.0% | Uttar Pradesh, India | |||
| Vijay's Energy Industries(India) Private Limited | ₹75.97 Cr (FY 2025) | 3.0% | Lucknow, Uttar Pradesh, India | |||
| Fabcare (India) Private Limited | ₹70.56 Cr (FY 2025) | 9.0% | Delhi, India | |||
| Refrigerators & Home Appliances Private Limited | ₹43.63 Cr (FY 2025) | 2.0% | Anna Salai, Madras, Tamil Nadu, India | |||
| Cruise Electric Private Limitedthis company | ₹30.13 Cr (FY 2025) | ₹28.66 Lakh | 1% | -7.0% | Andheri East Mumbai, Maharashtra, India | |
| Value Industries Limited | ₹21.42 Cr (FY 2019) | -92.0% | Aurangabad, Maharashtra, India | |||
| HCS Ac&R Engineers (I) Private Limited | ₹19.14 Cr (FY 2024) | 128.0% | Pune, Maharashtra, India |
To see the full peer comparison of Cruise Electric Private Limited, buy the company report.
Auditor
Cruise Electric Private Limited is audited by VIJAY RUNGTA AND CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VIJAY RUNGTA AND CO | FY 2023 | 111427W |
Shareholding
The shareholding of Cruise Electric Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Cruise Electric Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Oct 2023 | 100815421 | State Bank of India | ₹12.83 Lakh | Open | |
| 02 Apr 2009 | 10156867 | State Bank of India | ₹12.7 Cr | Open | |
| 02 Apr 2009 | 10305771 | State Bank of India | ₹9.54 Cr | Satisfied | |
| 03 Mar 2008 | 10099390 | Syndicate Bank | ₹1.5 Cr | Satisfied | |
| 28 Apr 2003 | 90146455 | State Bank of India | ₹6 Cr | Satisfied |
To see the full charge records of Cruise Electric Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Cruise Electric Private Limited has 8 court cases on record: 6 filed by Cruise Electric, 2 filed against it. 1 case is pending and 7 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 1 | 1 |
| District courts | 3 | 1 | 0 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Private cases SS) | Filed by the company against Infokool Solution Pvt Ltd and Others | Disposed |
| District court, Thane, Maharashtra | Civil suit | Filed by the company against Infokool Solution Pvt Ltd and Others | Disposed |
| High Court, MAHARASHTRA | Writ petition | Filed by the company against an individual | Pending |
| High Court of Gujarat | Special civil application | Filed by the company against The Regional Provident Fund Commissioner-I | Disposed |
| District court, Gautam Buddha Nagar, Uttar Pradesh | Criminal case | Filed against the company by State Government | Disposed |
To see the full case history of Cruise Electric Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Cruise Electric Private Limited was last rated by Brickwork on 24 Aug 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Brickwork | 24 Aug 2021 |
To see the full credit ratings and regulatory alerts of Cruise Electric Private Limited, buy the company report.
MSME payment delays
Cruise Electric Private Limited has 2 MSME Form 1 returns on record for the period ending Sep 2019, listing 21 overdue payments to 13 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 13)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Cruise Appliances Private Limited | |||
| Prijai Heat Exchangers Private Limited | |||
| Techno Plast Powder Cotings | |||
| Comfort Corporation | |||
| Crown Packaging Industries |
To see the full MSME payment records of Cruise Electric Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Cruise Electric has 5 GST registrations: 2 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 26AACCS7671Q1ZK | Dadra and Nagar Haveli and Daman and Diu | Active | 01 Jul 2017 |
| 24AACCS7671Q1ZO | Gujarat | Active | 21 Oct 2023 |
To see the full GST registrations and return filing status of Cruise Electric Private Limited, buy the company report.
Recent activity
Cruise Electric Private Limited has 2 board changes on record since 1998: 2 appointments. The latest: Parasmal Bhikamchand Sirohia was appointed as Director on 13 Jan 1998.
7 earlier events are in the company report.
Frequently asked questions
Cruise Electric is an active private limited company based in Andheri East Mumbai, Maharashtra, India. The company works in white goods retail and distribution, within the consumer electronics and durables industry. It was incorporated on 13 January 1998 (28+ years old) and is registered under CIN U29191MH1998PTC112950.
Cruise Electric has 2 current directors:
- Parasmal Bhikamchand Sirohia - Director
- Shailendra Kant Mishra - Director
The latest financial statements of Cruise Electric on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Cruise Electric is 26AACCS7671Q1ZK, registered in Dadra and Nagar Haveli and Daman and Diu. The company has 5 GST registrations in all, of which 2 are active and 3 are cancelled or inactive. Other active GSTINs include 24AACCS7671Q1ZO (Gujarat).
The CIN (Corporate Identification Number) of Cruise Electric is U29191MH1998PTC112950. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Cruise Electric has 8 court cases on record: 6 filed by the company and 2 filed against it. 1 is pending. Most are in the high courts.
Cruise Electric was incorporated on 13 January 1998, making it 28+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Cruise Electric by revenue are Dixon Appliances Private Limited, Vijay's Energy Industries(India) Private Limited, Fabcare (India) Private Limited, Refrigerators & Home Appliances Private Limited, Value Industries Limited and 1 more, all in the Consumer Durables industry (White Goods), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Parasmal Bhikamchand Sirohia was appointed as Director on 13 Jan 1998. Shailendra Kant Mishra was appointed as Director on 13 Jan 1998.
Yes, Cruise Electric is registered as a small enterprise under Udyam registration (number: UDYAM-MH-19-0003140).
Cruise Electric has 2 MSME Form 1 returns on record for the period ending Sep 2019, listing 21 overdue payments to 13 micro and small suppliers. The latest return was filed on 31 Oct 2019.
Cruise Electric can be reached through the website cruiseac.com. Its registered office is in Andheri East Mumbai, Maharashtra, India.

