Masumi Overseas Private Limited
About Masumi Overseas Private Limited
Data last updated:
Masumi Overseas Private Limited is a private limited company based in Mumbai, Maharashtra, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the watches and jewelry manufacturing segment of the consumer goods sector. It was incorporated on 16 December 2005.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51900MH2005PTC158087. Its GSTIN is 27AAECM4835C1ZN (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹50 Cr and a paid-up capital of ₹14.14 Cr. It is led by directors Anil Tukaram Gaikwad and Santosh Prakash Chandra Doshi.
Its last annual general meeting (AGM) was held on 30 September 2015, and its latest financial statements are for the year ended 31 March 2015. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2015, the company reported a revenue of ₹406.8 Cr, a growth of 103% compared to the previous year. For the same year it recorded a net profit of ₹1.64 Cr (net margin 0.4%) and EBITDA of ₹3.08 Cr (EBITDA margin 0.8%).
Court records list 74 cases involving the company, including 54 filed by the company and 23 filed against it; 10 cases are pending. The company has 4 deals on record (3 funding rounds, 1 secondary share transfer), with disclosed funding of ₹53.12 Cr; the latest was in October 2010.
Company details
Contact details
Masumi Overseas Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address509 Floor – 5 Plot – 1 Jolly Bhavan Vitthaldas Thackarsey Marg New Marine Line Churchg, Ate, Mumbai, Maharashtra, India – 400020
- IndustryConsumer Goods, Watches & Jewelry Manufacturing
To see the full contact details of Masumi Overseas 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 Masumi Overseas is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Masumi Overseas Private Limited, buy the company report.
Financials of Masumi Overseas Private Limited
FY 2015 filings availableMasumi Overseas Private Limited reported revenue of ₹406.8 Cr (up 103% YoY) for FY 2015.
Compounded Annual Growth Rate (CAGR)
Revenue rose 103% in the latest year. EBITDA rose 430% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2014-15 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | |
| Other Income | |
| Total Revenue | ₹406.8 Cr |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | ₹3.08 Cr |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | ₹1.64 Cr |
| 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 2014-15 |
|---|---|
| Profitability | |
| EBITDA Margin | 0.8% |
| Net Profit Margin | 0.4% |
| 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 Masumi Overseas Private Limited, buy the company report.
Board of directors of Masumi Overseas Private Limited
Masumi Overseas has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anil Tukaram Gaikwad Also directs: Twenty-Seven Infra LLP, Shambhavi Properties Private Limited | Director | 12 Mar 2013 | 13 Years 8 Months | As last reported |
| Santosh Prakash Chandra Doshi Also directs: Blueridge Bullions Private Limited | Director | 16 Dec 2005 | 20 Years 10 Months | As last reported |
Shareholding
The shareholding of Masumi Overseas Private Limited is on record for FY 2015, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2015 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Masumi Overseas Private Limited, buy the company report.
Deals & funding
Masumi Overseas Private Limited has 4 deals on record (3 funding rounds, 1 secondary share transfer), with disclosed funding of ₹53.12 Cr; the latest was in October 2010.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2010 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
| Feb 2010 | Funding round | ₹48.18 Cr | Investors: 2 individuals |
| Mar 2007 | Funding round | ₹4.44 Cr | Investors: 2 individuals |
| May 2006 | Funding round | ₹50 Lakh | Investors: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Masumi Overseas Private Limited has 74 court cases on record: 54 filed by Masumi Overseas, 23 filed against it. 10 cases are pending and 64 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 65 | 20 | 10 |
| Supreme Court | 6 | 3 | 0 |
| District courts | 3 | 0 | 0 |
Cases on record (5 of 74)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, MAHARASHTRA | Criminal complaint | Filed by the company against The State Trading Corporation of India Ltd. | Pending |
| Bombay High Court | Court case (NMCD) | Filed against the company by The State Trading Corporation of India Ltd. | Pending |
| Bombay High Court | Court case (CHSCD) | Filed against the company by The State Trading Corporation of India Ltd. | Pending |
| Bombay High Court | Court case (APP) | Filed by the company against The State Trading Corporation of India Ltd | Pending |
| Bombay High Court | Court case (NMA) | Filed by the company against The State Trading Corporation of India Ltd | Pending |
To see the full case history of Masumi Overseas 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Masumi Overseas Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Masumi Overseas has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECM4835C1ZN | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Masumi Overseas Private Limited, buy the company report.
Recent activity
Masumi Overseas Private Limited has 4 board changes on record since 2005: 2 appointments and 2 cessations. The latest: Anil Tukaram Gaikwad ceased to be Additional Director on 30 Sep 2013.
Frequently asked questions
Masumi Overseas is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Masumi Overseas is a company under liquidation, formerly operating as a 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 16 December 2005 and is registered under CIN U51900MH2005PTC158087. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Masumi Overseas has 2 current directors:
- Anil Tukaram Gaikwad - Director
- Santosh Prakash Chandra Doshi - Director
The latest financial statements of Masumi Overseas on record with the MCA are for the year ended 31 March 2015. Its last annual general meeting was held on 30 September 2015. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Masumi Overseas is U51900MH2005PTC158087. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Masumi Overseas has 74 court cases on record: 54 filed by the company and 23 filed against it. 10 are pending. Most are in the high courts.
Masumi Overseas was incorporated on 16 December 2005. It is registered with the Registrar of Companies, Mumbai.
Masumi Overseas has 4 deals on record (3 funding rounds, 1 secondary share transfer), with disclosed funding of ₹53.12 Cr; the latest was in October 2010.
Anil Tukaram Gaikwad ceased to be Additional Director on 30 Sep 2013. Ritesh Bhanwarlal Jain ceased to be Director on 31 Mar 2013. Anil Tukaram Gaikwad was appointed as Director on 12 Mar 2013. Masumi Overseas has 4 board changes on record in total.
The registered office of Masumi Overseas is at 509 Floor – 5 Plot – 1 Jolly Bhavan Vitthaldas Thackarsey Marg New Marine Line Churchg, Ate, Mumbai, Maharashtra, India – 400020.
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