About Sarvaloka Services-On-Call Private Limited
Data last updated:
Sarvaloka Services-On-Call Private Limited is a private limited company based in Bangalore, Karnataka, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the facility management segment of the business services sector. It was incorporated on 17 September 2014.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U45100KA2014PTC076441. Its GSTIN is 29AAVCS0023P1ZP (Karnataka). The company holds 11 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹3.12 Cr and a paid-up capital of ₹2.58 Cr. It is led by directors Sumanta Chowdhury and Ashok Singh.
Its last annual general meeting (AGM) was held on 06 March 2021, and its latest financial statements are for the year ended 31 March 2020. The registered office is at Gmcc Group'S No.L – 371 5th Main Sector 6 Hsr Layout, Bangalore, Karnataka, India – 560102.
As per the financials filed for FY 2020, the company reported a revenue of ₹14.84 Cr, a decline of 30% compared to the previous year. For the same year it recorded a net loss of ₹12.13 Cr (net margin -81.8%) and EBITDA of -₹11.92 Cr (EBITDA margin -80.3%). Revenue has grown at a compounded annual rate (CAGR) of 22% over three years and 94% over five years.
The company has about 1 employee on its provident fund (EPFO) records.
The company is associated with 1 brand: HouseJoy. As per MCA filings, the company has open charges of ₹16.5 Cr on record. Court records list 30 cases involving the company, including 6 filed by the company and 24 filed against it; 7 cases are pending. The company has 10 deals on record (5 funding rounds, 2 secondary share transfers, 1 convertible or debt financing), with disclosed funding of ₹208.72 Cr; the latest was in June 2019.
The last known website on record is housejoy.in.
Company details
CIN history
Sarvaloka Services-On-Call has one previous CIN (Corporate Identification Number): U74900KA2014PTC076441. The current CIN is U45100KA2014PTC076441, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U45100KA2014PTC076441 | Current |
| U74900KA2014PTC076441 | Previous |
Contact details
Sarvaloka Services-On-Call Private Limited's registered office is in Bangalore, Karnataka. Its website is housejoy.in. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Apps
- Registered AddressGmcc Group'S No.L – 371 5th Main Sector 6 Hsr Layout, Bangalore, Karnataka, India – 560102
- IndustryBusiness Services, Facility Management
To see the full contact details of Sarvaloka Services-On-Call 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
Brands
Sarvaloka Services-On-Call operates one associated brand: HouseJoy. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Home construction, cleaning, and painting services are provided. | housejoygroup.com |
Business activity
The main business activity of Sarvaloka Services-On-Call is personal and household service. In detail, this covers repair of computers and personal and household goods, washing and cleaning of textile and fur products, hair dressing and other beauty treatment and other personal service activities. 3 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| S | Personal and Household service | S2 | Repair of computers and personal and household goods | |
| S | Personal and Household service | S3 | Washing and cleaning of textile and fur products, Hair dressing and other beauty treatment | |
| S | Personal and Household service | S4 | Other Personal service activities |
To see the full business activity and turnover split of Sarvaloka Services-On-Call Private Limited, buy the company report.
Financials of Sarvaloka Services-On-Call Private Limited
FY 2020 filings availableSarvaloka Services-On-Call Private Limited reported revenue of ₹14.84 Cr (down 30% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue fell 30% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 94%. 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹14.84 Cr | ||||
| Cost of Materials Consumed | |||||
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| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹11.92 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹12.13 Cr | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -80.3% | ||||
| Net Profit Margin | -81.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Sarvaloka Services-On-Call Private Limited, buy the company report.
Board of directors of Sarvaloka Services-On-Call Private Limited
Sarvaloka Services-On-Call has 2 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashok Singh | Additional Director | 21 Jul 2022 | 4 Years 3 Months | As last reported |
| Sumanta Chowdhury | Director | 01 May 2023 | 3 Years 5 Months | As last reported |
Auditor
Sarvaloka Services-On-Call Private Limited is audited by B M MANJUNATH & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B M MANJUNATH & ASSOCIATES | FY 2020 | 007546S |
Shareholding
The shareholding of Sarvaloka Services-On-Call Private Limited is on record for 5 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Sarvaloka Services-On-Call Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Apr 2016 | 100024259 | Others | ₹16.5 Cr | Open |
Total charge records: 1 View all charges
Deals & funding
Sarvaloka Services-On-Call Private Limited has 10 deals on record (5 funding rounds, 2 secondary share transfers, 1 convertible or debt financing), with disclosed funding of ₹208.72 Cr; the latest was in June 2019.
Deals on record (5 of 10)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2019 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
| Dec 2018 | Rights issue | ₹22.84 Cr | Investors: Z47 (Matrix Partners India), Vertex Ventures SE Asia & India, Sama Family Office |
| Apr 2016 | Debt financing | ₹16.5 Cr | Investors: InnoVen Capital |
| Dec 2015 | Funding round · Series B | ₹133.64 Cr | Investors: Amazon Smbhav Venture Fund, Vertex Ventures SE Asia & India, Qualcomm Ventures |
| Jun 2015 | Secondary share transfer | Undisclosed | Buyer: Growthstory, Sama Family Office, 2 individuals Seller: 2 individuals |
To see the full deal history of Sarvaloka Services-On-Call Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Sarvaloka Services-On-Call Private Limited has 30 court cases on record: 6 filed by Sarvaloka Services-On-Call, 24 filed against it. 7 cases are pending and 23 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 27 | 23 | 5 |
| High courts | 3 | 1 | 2 |
Cases on record (5 of 30)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Spurge IT Services (OPC) Pvt. Ltd | Pending |
| District court, Gautam Buddha Nagar, Uttar Pradesh | Criminal case | Filed against the company by To the New Private Limited | Pending |
| District court, BENGALURU, Karnataka | Appeal | Filed by the company against M/S Interropac Private Limited | Disposed |
| District court, South East, Delhi | Commercial suit | Filed against the company by To the New Private Limited | Disposed |
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed against the company by M/S Interropac Private Limited | Disposed |
To see the full case history of Sarvaloka Services-On-Call 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 Sarvaloka Services-On-Call Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Sarvaloka Services-On-Call Private Limited has a workforce of 1 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Sarvaloka Services-On-Call has 11 GST registrations: 1 active and 10 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAVCS0023P1ZP | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Sarvaloka Services-On-Call Private Limited, buy the company report.
Recent activity
Sarvaloka Services-On-Call Private Limited has 10 board changes on record since 2015: 2 appointments and 8 cessations. The latest: Sumanta Chowdhury was appointed as Director on 01 May 2023.
2 earlier events are in the company report.
News
Frequently asked questions
Sarvaloka Services-On-Call is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Sarvaloka Services-On-Call is a company under insolvency, formerly operating as a private limited company based in Bangalore, Karnataka, India. The company works in facility management, within the business services industry. It was incorporated on 17 September 2014 and is registered under CIN U45100KA2014PTC076441. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Sarvaloka Services-On-Call has 2 current directors:
- Ashok Singh - Additional Director
- Sumanta Chowdhury - Director
The latest financial statements of Sarvaloka Services-On-Call on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 06 March 2021. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Sarvaloka Services-On-Call is U45100KA2014PTC076441. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sarvaloka Services-On-Call has open charges of ₹16.5 Cr and no satisfied charges on record as per latest MCA filings.
Sarvaloka Services-On-Call has 30 court cases on record: 6 filed by the company and 24 filed against it. 7 are pending. Most are in the district courts.
Sarvaloka Services-On-Call was incorporated on 17 September 2014. It is registered with the Registrar of Companies, Bangalore.
Sarvaloka Services-On-Call has 10 deals on record (5 funding rounds, 2 secondary share transfers, 1 convertible or debt financing), with disclosed funding of ₹208.72 Cr; the latest was in June 2019.
Sumanta Chowdhury was appointed as Director on 01 May 2023. Ashok Singh was appointed as Additional Director on 21 Jul 2022. Ganesh Krishnan ceased to be Director on 27 Jun 2022. Sarvaloka Services-On-Call has 10 board changes on record in total.