Saify Shoes Private Limited
About Saify Shoes Private Limited
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Saify Shoes Private Limited was a private limited company based in Bhopal, Madhya Pradesh, 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 footwear retail and distribution segment of the consumer goods sector. It was incorporated on 17 August 2001.
The company was registered with the Registrar of Companies (ROC), Gwalior, under CIN U19201MP2001PTC014774. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹30 Lakh and a paid-up capital of ₹25 Lakh. It was led by directors Zainul Saify and Saify Liyaqat Husain.
Its last annual general meeting (AGM) was held on 28 August 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at 24 – B B.D.A. Colonykoh – E – Fiza Bhopal Distt – Bhopal, Madhya Pradesh, India – 462001.
As per the financials filed for FY 2018, the company reported a revenue of ₹54,721, a decline of 100% compared to the previous year. For the same year it recorded a net loss of ₹1.99 Lakh (net margin -363.7%) and EBITDA of -₹1.2 Lakh (EBITDA margin -218.7%). Revenue has declined at a compounded annual rate (CAGR) of 89% over three years.
The company had about 3 employees on its provident fund (EPFO) records before it was struck off.
As per MCA filings, the company had satisfied charges of ₹45 Lakh on record.
Company details
Contact details
Saify Shoes Private Limited's registered office is in Bhopal, Madhya Pradesh. Its e-mail address is in the company report.
- Email
- Registered Address24 – B B.D.A. Colonykoh – E – Fiza Bhopal Distt – Bhopal, Madhya Pradesh, India – 462001
- IndustryConsumer Goods, Footwear Retail & Distribution
To see the full contact details of Saify Shoes 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 Saify Shoes 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 Saify Shoes Private Limited, buy the company report.
Financials of Saify Shoes Private Limited
FY 2018 filings availableSaify Shoes Private Limited reported revenue of ₹54,721 (down 100% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 89% over three years. EBITDA rose 59% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹54,721 | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | -₹1.2 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹1.99 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -218.7% | |||
| Net Profit Margin | -363.7% | |||
| 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 Saify Shoes Private Limited, buy the company report.
Board of directors of Saify Shoes Private Limited
Saify Shoes has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Zainul Saify | Director | 24 Mar 2015 | 11 Years 7 Months | As last reported |
| Saify Liyaqat Husain | Director | 17 Aug 2001 | 25 Years 2 Months | As last reported |
Auditor
Saify Shoes Private Limited is audited by R N GUPTA & ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R N GUPTA & ASSOCIATES | FY 2018 | 001419C |
Shareholding
The shareholding of Saify Shoes Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Saify Shoes Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Mar 2003 | 90209243 | State Bank of Indore | ₹45 Lakh | Satisfied |
To see the full charge records of Saify Shoes Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Saify Shoes 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 Saify Shoes Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Saify Shoes 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 Saify Shoes Private Limited, buy the company report.
Recent activity
Saify Shoes Private Limited has 5 board changes on record since 2001: 2 appointments and 3 cessations. The latest: Mikhail Saify ceased to be Director on 12 Apr 2016.
Frequently asked questions
Saify Shoes 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.
Saify Shoes was a private limited company based in Bhopal, Madhya Pradesh, India. The company worked in footwear retail and distribution, within the consumer goods industry. It was incorporated on 17 August 2001 and is registered under CIN U19201MP2001PTC014774. The company has been struck off by the Registrar of Companies and is no longer operational.
Saify Shoes had 2 directors:
- Zainul Saify - Director
- Saify Liyaqat Husain - Director
The CIN (Corporate Identification Number) of Saify Shoes is U19201MP2001PTC014774. 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 Saify Shoes is at 24 – B B.D.A. Colonykoh – E – Fiza Bhopal Distt – Bhopal, Madhya Pradesh, India – 462001.
Saify Shoes was incorporated on 17 August 2001. It is registered with the Registrar of Companies, Gwalior.
The latest financial statements of Saify Shoes on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 28 August 2018. Year-wise statements from 2015 are in the company report.
No. Saify Shoes has 1 GST registration on record and it is cancelled or inactive.
Saify Shoes operated in the consumer goods industry, in the footwear retail and distribution segment. It worked in this industry before it was struck off.
Mikhail Saify ceased to be Director on 12 Apr 2016. Tabassum Saify ceased to be Director on 24 Mar 2015. Zainul Saify was appointed as Director on 24 Mar 2015. Saify Shoes has 5 board changes on record in total.
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