Sakar Solutions India Private Limited

Sakar Solutions India Private Limited - home appliances in Bhubaneswar, Odisha, India. Directors, charges & compliance details.
CIN U52390OR2014PTC017953 Incorporated 21 March 2014 ROC Cuttack HQ Bhubaneswar, Odisha, India
Struck Off Private Limited Company home appliances
Data last updated
Revenue · FY 2018
₹10.29 Lakh
▲ 3574% YoY
Net loss · FY 2018
₹92,571
Net margin -9%
EBITDA · FY 2018
-₹42,804
EBITDA margin -4.2%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹4.25 Lakh
Issued & subscribed
Company age
12 yrs
Est. 2014
Directors on board
2
As per MCA filings
Last financials
Mar 2018
Balance sheet date

About Sakar Solutions India Private Limited

Data last updated:

Sakar Solutions India Private Limited was a private limited company based in Bhubaneswar, Odisha, 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 retail trade segment of the home appliances and consumer durables sector. It was incorporated on 21 March 2014.

The company was registered with the Registrar of Companies (ROC), Cuttack, under CIN U52390OR2014PTC017953.

The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹4.25 Lakh. It was led by directors Ashok Kumar Sahoo (Managing Director) and Narmada Sahoo.

Its last annual general meeting (AGM) was held on 30 July 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at Plot No – 2074/5160 Mahadev Nagar Jharpada, Bhubaneswar, Odisha, India – 751006.

As per the financials filed for FY 2018, the company reported a revenue of ₹10.29 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹92,571 (net margin -9%) and EBITDA of -₹42,804 (EBITDA margin -4.2%).

Court records list 1 case involving the company, including 1 filed against it; 1 case is pending.

Company Details of Sakar Solutions India Private Limited
CIN U52390OR2014PTC017953
Registration Number 017953
Incorporation Date 21 March 2014
ROC Cuttack
Listing Status Unlisted
Company Status Struck Off
Date of Last AGM 30 July 2018
Date of Balance Sheet 31 March 2018
Compliance Status Active Non-Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    Locked
  • Social Media
    Locked
  • Registered Address
    Plot No – 2074/5160 Mahadev Nagar Jharpada, Bhubaneswar, Odisha, India – 751006
  • Industry
    Home Appliances, Retailers, Specialized Stores
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Financials, compliance, directors, charges, ownership and filings for Sakar Solutions India Private Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Business Activity of Sakar Solutions India Private Limited

The main business activity of Sakar Solutions India is trade. In detail, this covers retail trading.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
GTradeG2Retail TradingLocked
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Financials of Sakar Solutions India Private Limited FY 2018 filings available

Sakar Solutions India Private Limited reported revenue of ₹10.29 Lakh (up 3574% YoY) for FY 2018.

Revenue · FY 2018
₹10.29 Lakh ▲ 3574%
Net loss · FY 2018
₹92,571 margin -9%
EBITDA · FY 2018
-₹42,804 margin -4.2%

Financial Statement Summary of Sakar Solutions India Private Limited

MetricsFY 2017-18FY 2016-17FY 2015-16FY 2014-15
Profit and Loss Statement
Revenue from Operations••••••••••••••••
Other Income••••••••••••••••
Total Revenue••••••••••••••••
Cost of Materials Consumed••••••••••••••••
Employee Benefit Expense••••••••••••••••
Finance Costs••••••••••••••••
Depreciation and Amortisation••••••••••••••••
Other Expenses••••••••••••••••
Total Expenses••••••••••••••••
EBITDA-₹42,804••••••••••••
Profit Before Tax••••••••••••••••
Tax Expense••••••••••••••••
Net Profit (PAT)-₹92,571••••••••••••
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 of Sakar Solutions India Private Limited

MetricsFY 2017-18FY 2016-17FY 2015-16FY 2014-15
Profitability
EBITDA Margin-4.2%••••••••••••
Net Profit Margin-9%••••••••••••
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••••••••••••••••

Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Sakar Solutions India are in the company report.

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Financial statements from 2015

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Board of Directors of Sakar Solutions India Private Limited

Sakar Solutions India has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Ashok Kumar SahooManaging Director21 Mar 201412 Years 6 MonthsAs last reported
Narmada SahooDirector28 Aug 20188 Years 1 MonthsAs last reported

Peer Comparison of Sakar Solutions India Private Limited

Sakar Solutions India Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Retail Trading). Net profit, margin and employee counts of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Abhinav Silk Private Limited₹10.29 Lakh (FY 2024)••••••••750.0%••••Ranchi, Jharkhand, India
Yamini Agencies Pvt Ltd₹10.29 Lakh (FY 2021)••••••••7.0%••••Kolkata, West Bengal, India
Glector International Private Limited₹10.29 Lakh (FY 2025)••••••••-14.0%••••Orai, Uttar Pradesh, India
Mandot Brands Private Limited₹10.29 Lakh (FY 2019)••••••••-36.0%••••Ratlam, Madhya Pradesh, India
MHR Marketing India Private Limited₹10.29 Lakh (FY 2021)••••••••1089.0%••••Shimla, Himachal Pradesh, India
Sakar Solutions India Private Limited this company₹10.29 Lakh (FY 2018)••••••••3574.0%••••Bhubaneswar, Odisha, India
Paras Technocrat Private Limited₹10.29 Lakh (FY 2025)••••••••8858.0%••••Navsari, Gujarat, India
Jeet Agencies Private Limited₹10.29 Lakh (FY 2025)••••••••2504.0%••••Chandigarh, India
Breakneck Lifestyle Private Limited₹10.29 Lakh (FY 2021)••••••••••••Bangalore, Karnataka, India
Fatman Vegan Soul Foods Private Limited₹10.28 Lakh (FY 2024)••••••••113.0%••••New Delhi, Delhi, India
Adiyog Industries Private Limited₹10.28 Lakh (FY 2024)••••••••••••Lucknow, Uttar Pradesh, India

Peers are the five companies nearest above and the five nearest below Sakar Solutions India by revenue in the same principal business activity (Retail Trading), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.

Charges & Borrowings of Sakar Solutions India Private Limited

Sakar Solutions India Private Limited does not have any charges (loans) registered with the Registrar of Companies.

Employees and EPFO Compliance at Sakar Solutions India Private Limited

Employment history and EPFO contributions of people linked to Sakar Solutions India.

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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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Recent Activity on Sakar Solutions India Private Limited

Sakar Solutions India Private Limited has 5 board changes on record since 2014: 2 appointments and 3 cessations. The latest: Bhabesh Kumar Patra ceased to be Director on 28 Aug 2018.

Ceased
Bhabesh Kumar Patra ceased to be Director.
Ceased
Bhagirathi Mahanta ceased to be Director.
Appointed
Narmada Sahoo was appointed as Director.
AGM
Sakar Solutions India Private Limited last Annual general meeting of members was held on 30 Jul 2018 as per latest MCA records.
Filing
Sakar Solutions India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2018 with Roc Cuttack.
Ceased
Alok Kumar Sahoo ceased to be Director.
Appointed
Ashok Kumar Sahoo was appointed as Managing Director.
Incorporation
21 Mar 2014
Sakar Solutions India Private Limited was registered on 21 Mar 2014 with Roc Cuttack & aged 12 years 7 months as per MCA records.

Credit Ratings, Litigation & Regulatory Alerts for Sakar Solutions India Private Limited

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Credit ratings, litigation, and regulatory alerts

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MSME Payment Delays by Sakar Solutions India Private Limited

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Subsidiaries & Group Companies of Sakar Solutions India Private Limited

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Corporate group structure

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GST Compliance of Sakar Solutions India Private Limited

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MCA Filings & Documents of Sakar Solutions India Private Limited

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MCA filings and documents

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Frequently Asked Questions about Sakar Solutions India Private Limited

Sakar Solutions India 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.

Sakar Solutions India was a private limited company based in Bhubaneswar, Odisha, India. The company worked in retailers, within the home appliances industry. It was incorporated on 21 March 2014 and is registered under CIN U52390OR2014PTC017953. The company has been struck off by the Registrar of Companies and is no longer operational.

Sakar Solutions India had 2 directors:

The CIN (Corporate Identification Number) of Sakar Solutions India is U52390OR2014PTC017953. 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 Sakar Solutions India is at Plot No – 20745160 Mahadev Nagar Jharpada, Bhubaneswar, Odisha, India – 751006.

Sakar Solutions India was incorporated on 21 March 2014. It is registered with the Registrar of Companies, Cuttack.

Sakar Solutions India reported revenue of ₹10.29 Lakh for FY 2018 (up 3574% YoY).

Sakar Solutions India has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹4.25 Lakh.

Sakar Solutions India reported a net loss of ₹92,571 (net margin -9%) and EBITDA of -₹42,804 (EBITDA margin -4.2%) for FY 2018, as per its filed financial statements.

Sakar Solutions India operated in the home appliances industry, in the retailers segment. It worked in this industry before it was struck off.

No. Sakar Solutions India is not listed on any stock exchange. It is an unlisted company.

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