- Category
- Micro (2023-24)
- Udyam number
- UDYAM-MH-26-0049792

About Sankalp Apparels Private Limited
Data last updated:
Sankalp Apparels Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 05 February 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U17120PN2010PTC135477. Its GSTIN is 27AAOCS4242D2ZB (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹2.02 Cr and a paid-up capital of ₹1.4 Cr. It is led by directors including Rahul Sudam Sarkate and Manoj Shamrao Gaikwad.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at Bld 1 Shanti Complex Shop No 428/B Magalwar Peth, Pune, Maharashtra, India – 411011.
As per the financials filed for FY 2020, the company reported a revenue of ₹65.32 Lakh, a growth of 134% compared to the previous year. For the same year it recorded a net profit of ₹14,379 (net margin 0.2%) and EBITDA of ₹18.33 Lakh (EBITDA margin 28.1%). Revenue has declined at a compounded annual rate (CAGR) of 12% over three years and 6% over five years.
As per MCA filings, the company has open charges of ₹3.68 Cr on record. Court records list 6 cases involving the company, including 6 filed against it; 6 cases are pending.
Sankalp Apparels Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0049792). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sankalp-apparels-private-limited.business.site.
Company details
Recognitions & Rankings of Sankalp Apparels
Contact details
Sankalp Apparels Private Limited's registered office is in Pune, Maharashtra. Its website is sankalp-apparels-private-limited.business.site. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressBld 1 Shanti Complex Shop No 428/B Magalwar Peth, Pune, Maharashtra, India – 411011
- IndustryHome & Lifestyle, Textile Retail & Distribution
To see the full contact details of Sankalp Apparels 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 Sankalp Apparels is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Sankalp Apparels Private Limited, buy the company report.
Financials of Sankalp Apparels Private Limited
FY 2020 filings availableSankalp Apparels Private Limited reported revenue of ₹65.32 Lakh (up 134% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue rose 134% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 6%. EBITDA rose 68% 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 | ₹65.32 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹18.33 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹14,379 | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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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 | 28.1% | ||||
| Net Profit Margin | 0.2% | ||||
| 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 Sankalp Apparels Private Limited, buy the company report.
Board of directors of Sankalp Apparels Private Limited
Sankalp Apparels has 6 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rahul Sudam Sarkate | Director | 29 Sep 2018 | 8 Years 0 Months | Current |
| Manoj Shamrao Gaikwad Also directs: Ashukiran Industries Private Limited | Additional Director | 14 Feb 2024 | 2 Years 8 Months | Current |
| Sumit Rajkumar Kesale Also directs: Paster Poultry Services Private Limited | Additional Director | 24 Apr 2021 | 5 Years 6 Months | Current |
| Suraj Shamrao Ranshing | Additional Director | 29 Mar 2022 | 4 Years 6 Months | Current |
| Kiran Manoj Gaikwad | Additional Director | 12 May 2021 | 5 Years 5 Months | Current |
| Jyotee Gaikwad Manoj Also directs: Ashukiran Industries Private Limited | Additional Director | 14 Feb 2024 | 2 Years 8 Months | Current |
Auditor
Sankalp Apparels Private Limited is audited by NILESH M PATIL AND ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NILESH M PATIL AND ASSOCIATES | FY 2020 | 140900W |
Shareholding
The shareholding of Sankalp Apparels Private Limited is on record for 2 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2015 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Sankalp Apparels Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Aug 2019 | 100308721 | Others | ₹2.95 Cr | Open | |
| 09 May 2012 | 10460698 | Bank of India | ₹73 Lakh | Open |
To see the full charge records of Sankalp Apparels Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Sankalp Apparels Private Limited has 6 court cases on record: 6 filed against it. All cases are pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 5 | 5 |
| High courts | 1 | 1 | 1 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Commercial suit | Filed against the company by M/S Ifci Venture Capital Funds Ltd | Pending |
| District court, South East, Delhi | Cheque dishonour complaint | Filed against the company by M/S Ifci Venture Capital Funds Limited | Pending |
| District court, South East, Delhi | Criminal case | Filed against the company by Ifci Venture Capital Funds Limited | Pending |
| District court, South East, Delhi | Cheque dishonour complaint | Filed against the company by Ifci Ventures Capital Funds Ltd. | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed against the company by an individual | Pending |
To see the full case history of Sankalp Apparels 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 Sankalp Apparels Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Sankalp Apparels has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAOCS4242D2ZB | Maharashtra | Active | 13 Dec 2017 |
To see the full GST registrations and return filing status of Sankalp Apparels Private Limited, buy the company report.
Recent activity
Sankalp Apparels Private Limited has 12 board changes on record since 2017: 6 appointments and 6 cessations. The latest: Jyotee Gaikwad Manoj was appointed as Additional Director on 14 Feb 2024.
6 earlier events are in the company report.
Frequently asked questions
Sankalp Apparels is an active private limited company based in Pune, Maharashtra, India. The company works in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 05 February 2010 (16+ years old) and is registered under CIN U17120PN2010PTC135477.
Sankalp Apparels has 6 current directors:
- Rahul Sudam Sarkate - Director
- Manoj Shamrao Gaikwad - Additional Director
- Sumit Rajkumar Kesale - Additional Director
- Suraj Shamrao Ranshing - Additional Director
- Kiran Manoj Gaikwad - Additional Director
- Jyotee Gaikwad Manoj - Additional Director
The latest financial statements of Sankalp Apparels on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from 2015 are in the company report.
The GSTIN of Sankalp Apparels is 27AAOCS4242D2ZB, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Sankalp Apparels is U17120PN2010PTC135477. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sankalp Apparels has 6 court cases on record: 6 filed against it. 6 are pending. Most are in the district courts.
Sankalp Apparels was incorporated on 05 February 2010, making it 16+ years old. It is registered with the Registrar of Companies, Pune.
Jyotee Gaikwad Manoj was appointed as Additional Director on 14 Feb 2024. Manoj Shamrao Gaikwad was appointed as Additional Director on 14 Feb 2024. Suraj Shamrao Ranshing was appointed as Additional Director on 29 Mar 2022. Sankalp Apparels has 12 board changes on record in total.
Yes, Sankalp Apparels is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-26-0049792).
Sankalp Apparels can be reached through the website sankalp-apparels-private-limited.business.site. Its registered office is in Pune, Maharashtra, India.