MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2021-22)
- Udyam number
- UDYAM-HR-05-0022900
Sourcing Simplifie Private Limited - fashion and textile in Gurugram, Haryana, India. FY 2026 financials & compliance.
Revenue · FY 2019
₹3.61 Cr
▲ 189% YoY
Net profit · FY 2019
₹1.1 Lakh
Net margin 0.3%
EBITDA · FY 2019
₹4.07 Lakh
EBITDA margin 1.1%
Authorised capital
₹20 Lakh
Registered with MCA
Paid-up capital
₹20 Lakh
Issued & subscribed
Open charges
₹52.17 Lakh
Secured borrowings
Company age
9 yrs
Est. 2017
Employees · EPFO
20
Provident fund records
About Sourcing Simplifie Private Limited
Data last updated:
Sourcing Simplifie Private Limited is a private limited company based in Gurugram, Haryana, India. It operates in the designer and branded fashion segment of the fashion and textiles sector. It was incorporated on 06 March 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74999HR2017PTC068019. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹20 Lakh. It is led by directors Sanjay Sarover and Sadhana Sarover.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at Plot No. – 352/VI Sector – 37, Gurugram, Haryana, India – 122004.
As per the financials filed for FY 2019, the company reported a revenue of ₹3.61 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹1.1 Lakh (net margin 0.3%) and EBITDA of ₹4.07 Lakh (EBITDA margin 1.1%).
The company has about 20 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹52.17 Lakh on record. Court records list 13 cases involving the company, including 13 filed against it; 2 cases are pending.
Sourcing Simplifie Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-HR-05-0022900). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sourcingsimplifie.com.
Company details
CIN U74999HR2017PTC068019
Registration Number 068019
Incorporation Date 06 March 2017
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2019
Date of Balance Sheet 31 March 2019
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-HR-05-0022900
Recognitions & Rankings of Sourcing Simplifie
Contact details
Sourcing Simplifie Private Limited's registered office is in Gurugram, Haryana. Its website is sourcingsimplifie.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressPlot No. – 352/VI Sector – 37, Gurugram, Haryana, India – 122004
- IndustryFashion and Textile, Designer & Branded Fashion
To see the full contact details of Sourcing Simplifie Private Limited, buy the company report.
Comprehensive company report
Sourcing Simplifie Private Limited - one report that includes everything
- 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Sourcing Simplifie is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Sourcing Simplifie Private Limited, buy the company report.
Financials of Sourcing Simplifie Private Limited
FY 2019 filings availableSourcing Simplifie Private Limited reported revenue of ₹3.61 Cr (up 189% YoY) for FY 2019.
Revenue · FY 2019
₹3.61 Cr ▲ 189%
Net profit · FY 2019
₹1.1 Lakh margin 0.3%
EBITDA · FY 2019
₹4.07 Lakh margin 1.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 189%
EBITDA CAGR growth
1 year
▲ 60%
Revenue rose 189% in the latest year. EBITDA rose 60% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹3.61 Cr | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹4.07 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹1.1 Lakh | ||
| 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 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 1.1% | ||
| Net Profit Margin | 0.3% | ||
| 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 Sourcing Simplifie Private Limited, buy the company report.
Board of directors of Sourcing Simplifie Private Limited
Sourcing Simplifie has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjay Sarover | Director | 06 Mar 2017 | 9 Years 7 Months | Current |
| Sadhana Sarover Also directs: Keoola Apparels Private Limited | Additional Director | 06 Mar 2017 | 9 Years 7 Months | Current |
Peer comparison
Sourcing Simplifie Private Limited is compared with the 5 companies closest to it by revenue in the Apparel industry (Branded Wear), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Abir Knits Private Limited | ₹3.66 Cr (FY 2020) | -72.0% | Ludhiana, Punjab, India | |||
| Combine Sales Pvt Ltd | ₹3.65 Cr (FY 2025) | 39.0% | Indore, Madhya Pradesh, India | |||
| Jyoti Apparels Private Limited | ₹3.61 Cr (FY 2025) | -33.0% | New Delhi, Delhi, India | |||
| Sourcing Simplifie Private Limitedthis company | ₹3.61 Cr (FY 2019) | ₹1.1 Lakh | 0.3% | 189.0% | Gurugram, Haryana, India | |
| Ardee Komfab Private Limited | ₹3.59 Cr (FY 2024) | -36.0% | Gurgaon, Haryana, India | |||
| K R Creation Private Limited | ₹3.57 Cr (FY 2025) | -38.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Sourcing Simplifie Private Limited, buy the company report.
Auditor
Sourcing Simplifie Private Limited is audited by M K S K A & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M K S K A & CO | FY 2019 | 025942N |
Shareholding
The shareholding of Sourcing Simplifie Private Limited is on record for 2 financial years, the latest being FY 2019, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2018 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Sourcing Simplifie Private Limited, buy the company report.
Charges & borrowings
Open charges
₹52.17 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Aug 2021 | 100507473 | State Bank of India | ₹2.67 Lakh | Open | |
| 24 Dec 2019 | 100316202 | Others | ₹49.5 Lakh | Open |
To see the full charge records of Sourcing Simplifie Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Sourcing Simplifie Private Limited has 13 court cases on record: 13 filed against it. 2 cases are pending and 11 are disposed.
Total cases
13
Filed against the company
13
Pending
2
Disposed
11
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 13 | 13 | 2 |
Cases on record (5 of 13)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Iifl Finance Limited | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Iifl Finance Limited | Disposed |
| District court, South East, Delhi | Cheque dishonour complaint | Filed against the company by M/S H.P. Singh Agencies Pvt. Ltd. | Disposed |
| District court, Gurugram, Haryana | Execution petition | Filed against the company by Kotak Mahindra Bank Limited | Disposed |
| District court, East, Delhi | Court case (OMP (I)(COMM.)) | Filed against the company by Kotak Mahindra Prime Ltd | Disposed |
To see the full case history of Sourcing Simplifie 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 Sourcing Simplifie Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Sourcing Simplifie has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
Total GSTINs
1
Cancelled / inactive
1
To see the full GST registrations and return filing status of Sourcing Simplifie Private Limited, buy the company report.
Recent activity
Sourcing Simplifie Private Limited has 4 board changes on record since 2017: 2 appointments and 2 cessations. The latest: Gyanendra Gharti Chhetri ceased to be Additional Director on 27 Nov 2019.
Charges
A charge with State Bank Of India amounted to Rs. 2.67 Lakh with Charge ID 100507473 was registered on 27 Aug 2021.
Charges
A charge with Others of Rs. 49.50 Lakh registered on 24 Dec 2019 with Charge ID 100316202 was modified on 08 May 2020.
Charges
A charge with Others amounted to Rs. 49.50 Lakh with Charge ID 100316202 was registered on 24 Dec 2019.
Ceased
Gyanendra Gharti Chhetri ceased to be Additional Director.
Ceased
Sadhana Sarover ceased to be Director.
AGM
Sourcing Simplifie Private Limited last Annual general meeting of members was held on 30 Sep 2019 as per latest MCA records.
Filing
Sourcing Simplifie Private Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Delhi.
Appointed
Sadhana Sarover was appointed as Additional Director.
Appointed
Sanjay Sarover was appointed as Director.
Incorporation
06 Mar 2017
Sourcing Simplifie Private Limited was registered on 06 Mar 2017 with Roc Delhi & aged 9 years 7 months as per MCA records.
Frequently asked questions
Sourcing Simplifie is an active private limited company based in Gurugram, Haryana, India. The company works in designer and branded fashion, within the fashion and textile industry. It was incorporated on 06 March 2017 (9+ years old) and is registered under CIN U74999HR2017PTC068019.
Sourcing Simplifie has 2 current directors:
- Sanjay Sarover - Director
- Sadhana Sarover - Additional Director
The latest financial statements of Sourcing Simplifie on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from FY 2017 are in the company report.
No. Sourcing Simplifie has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Sourcing Simplifie is U74999HR2017PTC068019. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sourcing Simplifie has 13 court cases on record: 13 filed against it. 2 are pending.
Sourcing Simplifie was incorporated on 06 March 2017, making it 9+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Sourcing Simplifie by revenue are Abir Knits Private Limited, Combine Sales Pvt Ltd, Jyoti Apparels Private Limited, Ardee Komfab Private Limited, K R Creation Private Limited, all in the Apparel industry (Branded Wear), with the same principal business activity (textile, leather and other apparel products).
Gyanendra Gharti Chhetri ceased to be Additional Director on 27 Nov 2019. Sadhana Sarover ceased to be Director on 27 Nov 2019. Sadhana Sarover was appointed as Additional Director on 06 Mar 2017. Sourcing Simplifie has 4 board changes on record in total.
Yes, Sourcing Simplifie is registered as a micro enterprise under Udyam registration (number: UDYAM-HR-05-0022900).
Sourcing Simplifie can be reached through the website sourcingsimplifie.com. Its registered office is in Gurugram, Haryana, India.