Sancheti Electronics Limited
About Sancheti Electronics Limited
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Sancheti Electronics Limited is a public limited company based in Kolkata, West Bengal, India. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 16 November 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U29192WB1994PLC065871. The company has 4 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹2.5 Cr and a paid-up capital of ₹2.38 Cr. It was formerly known as Sancheti Aircon Limited. It is led by directors including Kasinath Mitra and Binod Kumar Sancheti.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 1/1A Biplabi Anukul Ch St, Kolkata, West Bengal, India – 700072.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.02 Lakh, a decline of 96% compared to the previous year. For the same year it recorded a net loss of ₹55,640 (net margin -54.4%) and EBITDA of -₹55,640 (EBITDA margin -54.4%). Revenue has declined at a compounded annual rate (CAGR) of 50% over three years.
As per MCA filings, the company has open charges of ₹15.26 Cr and satisfied charges of ₹8.5 Cr on record. Court records list 3 cases involving the company, including 1 filed by the company and 2 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Sancheti Electronics Limited's registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address1/1A Biplabi Anukul Ch St, Kolkata, West Bengal, India – 700072
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
To see the full contact details of Sancheti Electronics 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
Financials of Sancheti Electronics Limited
FY 2024 filings availableSancheti Electronics Limited reported revenue of ₹1.02 Lakh (down 96% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 50% over three years, including a 96% fall in the latest year. EBITDA fell 105% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹55,640 | ||||
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| Net Profit (PAT) | -₹55,640 | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -54.4% | ||||
| Net Profit Margin | -54.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Sancheti Electronics Limited, buy the company report.
Board of directors of Sancheti Electronics Limited
Sancheti Electronics has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kasinath Mitra Also directs: Siam Trade Impex Private Limited | Director | 24 Feb 2022 | 4 Years 8 Months | Current |
| Binod Kumar Sancheti Also directs: Neminath Granite Exports LLP, Sancheti Electrical & Electronics Private Limited, Link Entertainment Private Limited and 1 more | Director | 16 Nov 1994 | 31 Years 11 Months | Current |
| Anupkumar Ashokkumar Sharma | Director | 20 Jul 2023 | 3 Years 3 Months | Current |
| Ashok Kumar Jain Also directs: Sancheti Electrical & Electronics Private Limited | Director | 16 Nov 1994 | 31 Years 11 Months | Current |
Auditor
Sancheti Electronics Limited is audited by MURMURIA & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MURMURIA & ASSOCIATES | FY 2023 | 316188E |
Shareholding
The shareholding of Sancheti Electronics Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Sancheti Electronics Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Sep 2010 | 10247965 | Others | ₹15.26 Cr | Open | |
| 29 Dec 2007 | 10080180 | Allahabad Bank | ₹7.5 Cr | Satisfied | |
| 27 Dec 2002 | 90247163 | The Federal Bank Ltd. | ₹1 Cr | Satisfied |
To see the full charge records of Sancheti Electronics Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Sancheti Electronics Limited has 3 court cases on record: 1 filed by Sancheti Electronics, 2 filed against it. 1 case is pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 1 |
| High courts | 1 | 0 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (SS) | Filed against the company by Ms. Apar Industries Ltd | Disposed |
| District court, Calcutta, West Bengal | Interim or miscellaneous application | Filed against the company by State Bank of India | Pending |
| Calcutta High Court | Writ petition | Filed by the company against The State | Disposed |
To see the full case history of Sancheti Electronics 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 Sancheti Electronics Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Sancheti Electronics has 4 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Sancheti Electronics Limited, buy the company report.
Recent activity
Sancheti Electronics Limited has 6 board changes on record since 1994: 4 appointments and 2 cessations. The latest: Beena Singh ceased to be Director on 21 Jul 2023.
5 earlier events are in the company report.
Frequently asked questions
Sancheti Electronics is an active public limited company based in Kolkata, West Bengal, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 16 November 1994 (32+ years old) and is registered under CIN U29192WB1994PLC065871.
Sancheti Electronics has 4 current directors:
- Kasinath Mitra - Director
- Binod Kumar Sancheti - Director
- Anupkumar Ashokkumar Sharma - Director
- Ashok Kumar Jain - Director
The latest financial statements of Sancheti Electronics on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
No. Sancheti Electronics has 4 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Sancheti Electronics is U29192WB1994PLC065871. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sancheti Electronics has 3 court cases on record: 1 filed by the company and 2 filed against it. 1 is pending. Most are in the district courts.
Sancheti Electronics was incorporated on 16 November 1994, making it 32+ years old. It is registered with the Registrar of Companies, Kolkata.
Beena Singh ceased to be Director on 21 Jul 2023. Anupkumar Ashokkumar Sharma was appointed as Director on 20 Jul 2023. Surendra Sancheti ceased to be Director on 01 Mar 2022. Sancheti Electronics has 6 board changes on record in total.
The registered office of Sancheti Electronics is at 11A Biplabi Anukul Ch St, Kolkata, West Bengal, India – 700072.
Sancheti Electronics operates in the consumer electronics and durables industry, in the electronic appliances retail and distribution segment.
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