Saraf Home Appliances Private Limited
About Saraf Home Appliances Private Limited
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Saraf Home Appliances Private Limited is a private 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 05 August 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U51395WB2003PTC096701. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹60 Lakh and a paid-up capital of ₹54 Lakh. It is led by directors Nidhi Saraf and Hari Shankar Saraf.
Its last annual general meeting (AGM) was held on 29 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at 17B Tarak Pramanick Road, Kolkata, West Bengal, India – 700006.
As per the financials filed for FY 2015, the company reported a revenue of ₹17.56 Cr, a decline of 54% compared to the previous year. For the same year it recorded a net profit of ₹7.13 Lakh (net margin 0.4%) and EBITDA of ₹1.04 Cr (EBITDA margin 5.9%).
As per MCA filings, the company has open charges of ₹8 Cr and satisfied charges of ₹4.55 Cr on record. Court records list 15 cases involving the company, including 4 filed by the company and 11 filed against it; 4 cases are pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Saraf Home Appliances Private Limited's registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address17B Tarak Pramanick Road, Kolkata, West Bengal, India – 700006
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
To see the full contact details of Saraf Home Appliances 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
Financials of Saraf Home Appliances Private Limited
FY 2017 filings availableSaraf Home Appliances Private Limited reported revenue of ₹17.56 Cr (down 54% YoY) for FY 2015.
Compounded Annual Growth Rate (CAGR)
Revenue fell 54% in the latest year. EBITDA fell 9% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2014-15 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | ₹17.56 Cr |
| Other Income | |
| Total Revenue | |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | ₹1.04 Cr |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | ₹7.13 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 2014-15 |
|---|---|
| Profitability | |
| EBITDA Margin | 5.9% |
| Net Profit Margin | 0.4% |
| 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 Saraf Home Appliances Private Limited, buy the company report.
Board of directors of Saraf Home Appliances Private Limited
Saraf Home Appliances has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nidhi Saraf | Director | 10 Aug 2010 | 16 Years 3 Months | Current |
| Hari Shankar Saraf Also directs: Dakhineshwary Dealcom Private Limited | Director | 05 Aug 2003 | 23 Years 3 Months | Current |
Auditor
Saraf Home Appliances Private Limited is audited by O P TULSYAN & CO for the financial year 2015.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| O P TULSYAN & CO | FY 2015 | 500028N |
Shareholding
The shareholding of Saraf Home Appliances Private Limited is on record for FY 2017, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2017 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Saraf Home Appliances Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Feb 2011 | 10274772 | Axis Bank Limited | ₹8 Cr | Open | |
| 04 Jan 2010 | 10200174 | Idbi Bank Limited | ₹3.5 Cr | Satisfied | |
| 27 Mar 2009 | 10177538 | Central Bank of India | ₹80 Lakh | Satisfied | |
| 16 Feb 2007 | 10045343 | Syndicate Bank | ₹25 Lakh | Satisfied |
To see the full charge records of Saraf Home Appliances Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Saraf Home Appliances Private Limited has 15 court cases on record: 4 filed by Saraf Home Appliances, 11 filed against it. 4 cases are pending and 11 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 10 | 10 | 4 |
| High courts | 5 | 1 | 0 |
Cases on record (5 of 15)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Kotak Mahindra Bank Ltd | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Tata Capital Financial Services Ltd. | Pending |
| High Court of Delhi | Court case (CRL.L.P.) | Filed against the company by M/S. Adit Engineering Works Pvt. Ltd. | Disposed |
| District court, Calcutta, West Bengal | Interim or miscellaneous application | Filed against the company by Axis Bank Limited | Disposed |
| District court, West, Delhi | Criminal case | Filed against the company by Ms Adit Engineering Works Pvt.Ltd | Disposed |
To see the full case history of Saraf Home Appliances 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 Saraf Home Appliances Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Saraf Home Appliances 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 Saraf Home Appliances Private Limited, buy the company report.
Recent activity
Saraf Home Appliances Private Limited has 7 board changes on record since 2003: 2 appointments and 5 cessations. The latest: Nidhi Saraf was appointed as Director on 10 Aug 2010.
6 earlier events are in the company report.
Frequently asked questions
Saraf Home Appliances is an active private 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 05 August 2003 (23+ years old) and is registered under CIN U51395WB2003PTC096701.
Saraf Home Appliances has 2 current directors:
- Nidhi Saraf - Director
- Hari Shankar Saraf - Director
The latest financial statements of Saraf Home Appliances on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 29 September 2017. Year-wise statements from 2015 are in the company report.
No. Saraf Home Appliances has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Saraf Home Appliances is U51395WB2003PTC096701. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Saraf Home Appliances has 15 court cases on record: 4 filed by the company and 11 filed against it. 4 are pending. Most are in the district courts.
Saraf Home Appliances was incorporated on 05 August 2003, making it 23+ years old. It is registered with the Registrar of Companies, Kolkata.
Nidhi Saraf was appointed as Director on 10 Aug 2010. Sanjay Kumar Saraf ceased to be Director on 10 Aug 2010. Nidhi Saraf ceased to be Director on 27 Jul 2010. Saraf Home Appliances has 7 board changes on record in total.
The registered office of Saraf Home Appliances is at 17B Tarak Pramanick Road, Kolkata, West Bengal, India – 700006.
Saraf Home Appliances operates in the consumer electronics and durables industry, in the electronic appliances retail and distribution segment.
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