MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2023-24)
- Udyam number
- UDYAM-PB-20-0001033
Sark Retail Services Private Limited - e-commerce in Zirakpur, Punjab, India. FY 2026 financials & compliance.
Revenue · FY 2022
₹1.73 Cr
▼ 22% YoY
Net loss · FY 2022
₹29.21 Lakh
Net margin -16.9%
EBITDA · FY 2022
-₹21.69 Lakh
EBITDA margin -12.5%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹7 Lakh
Issued & subscribed
Open charges
₹56 Lakh
Secured borrowings
Company age
9 yrs
Est. 2017
Directors on board
3
As per MCA filings
About Sark Retail Services Private Limited
Data last updated:
Sark Retail Services Private Limited is a private limited company based in Zirakpur, Punjab, India. It operates in the online electronics retail segment of the e-commerce sector. It was incorporated on 16 November 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U93000PB2017PTC047192. Its GSTIN is 03AAZCS4806J1ZW (Punjab).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹7 Lakh. It is led by directors including Sandeep Dhyani and Sunil Dutt.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at SCO – 5A Shree Bazaar Vip Road Zirakpur Tehsil Derabassi, Punjab, India – 140603.
As per the financials filed for FY 2022, the company reported a revenue of ₹1.73 Cr, a decline of 22% compared to the previous year. For the same year it recorded a net loss of ₹29.21 Lakh (net margin -16.9%) and EBITDA of -₹21.69 Lakh (EBITDA margin -12.5%). Revenue has declined at a compounded annual rate (CAGR) of 28% over three years.
As per MCA filings, the company has open charges of ₹56 Lakh on record.
Sark Retail Services Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-PB-20-0001033). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sarkretail.com.
Company details
CIN U93000PB2017PTC047192
Registration Number 047192
Incorporation Date 16 November 2017
ROC Chandigarh
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2022
Date of Balance Sheet 31 March 2022
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-PB-20-0001033
Recognitions & Rankings of Sark Retail Services
Contact details
Sark Retail Services Private Limited's registered office is in Zirakpur, Punjab. Its website is sarkretail.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressSCO – 5A Shree Bazaar Vip Road Zirakpur Tehsil Derabassi, Punjab, India – 140603
- IndustryE-Commerce, Online Electronics Retail
To see the full contact details of Sark Retail Services Private Limited, buy the company report.
Comprehensive company report
Sark Retail Services Private Limited - one report that includes everything
- 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Sark Retail Services 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 Sark Retail Services Private Limited, buy the company report.
Financials of Sark Retail Services Private Limited
FY 2022 filings availableSark Retail Services Private Limited reported revenue of ₹1.73 Cr (down 22% YoY) for FY 2022.
Revenue · FY 2022
₹1.73 Cr ▼ 22%
Net loss · FY 2022
₹29.21 Lakh margin -16.9%
EBITDA · FY 2022
-₹21.69 Lakh margin -12.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 22%
3 years · compounded
▼ 28%
EBITDA CAGR growth
1 year
▼ 109%
3 years · compounded
▼ 98%
Revenue has declined at a compounded annual rate (CAGR) of 28% over three years, including a 22% fall in the latest year. EBITDA fell 109% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| EBITDA | -₹21.69 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹29.21 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -12.5% | ||||
| Net Profit Margin | -16.9% | ||||
| 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 Sark Retail Services Private Limited, buy the company report.
Board of directors of Sark Retail Services Private Limited
Sark Retail Services has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sandeep Dhyani Also directs: Sark Business Ventures LLP, Udan Education Foundation | Director | 16 Nov 2017 | 8 Years 11 Months | Current |
| Sunil Dutt | Director | 16 Nov 2017 | 8 Years 11 Months | Current |
| Shurabh Uniyal Also directs: Udan Education Foundation | Director | 05 Dec 2019 | 6 Years 10 Months | Current |
Auditor
Sark Retail Services Private Limited is audited by SARIKA & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SARIKA & ASSOCIATES | FY 2021 | 030926N |
Shareholding
The shareholding of Sark Retail Services Private Limited is on record for 2 financial years, the latest being FY 2021, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2019 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Sark Retail Services Private Limited, buy the company report.
Charges & borrowings
Open charges
₹56 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Aug 2020 | 100363671 | Others | ₹50 Lakh | Open | |
| 26 Dec 2017 | 100157774 | Syndicate Bank | ₹6 Lakh | Open |
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Sark Retail Services 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 Sark Retail Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Sark Retail Services has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AAZCS4806J1ZW | Punjab | Active | 30 Nov 2017 |
To see the full GST registrations and return filing status of Sark Retail Services Private Limited, buy the company report.
Recent activity
Sark Retail Services Private Limited has 4 board changes on record since 2017: 3 appointments and 1 cessation. The latest: Shurabh Uniyal was appointed as Director on 05 Dec 2019.
AGM
Sark Retail Services Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.
Filing
Sark Retail Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Chandigarh.
Charges
A charge with Others amounted to Rs. 50.00 Lakh with Charge ID 100363671 was registered on 11 Aug 2020.
Appointed
Shurabh Uniyal was appointed as Director.
Ceased
Bajinder Singh ceased to be Director.
Charges
A charge with Syndicate Bank amounted to Rs. 6.00 Lakh with Charge ID 100157774 was registered on 26 Dec 2017.
Appointed
Sandeep Dhyani was appointed as Director.
Appointed
Sunil Dutt was appointed as Director.
Incorporation
16 Nov 2017
Sark Retail Services Private Limited was registered on 16 Nov 2017 with Roc Chandigarh & aged 8 years 11 months as per MCA records.
Frequently asked questions
Sark Retail Services is an active private limited company based in Zirakpur, Punjab, India. The company works in online electronics retail, within the e-commerce industry. It was incorporated on 16 November 2017 (9+ years old) and is registered under CIN U93000PB2017PTC047192.
Sark Retail Services has 3 current directors:
- Sandeep Dhyani - Director
- Sunil Dutt - Director
- Shurabh Uniyal - Director
The latest financial statements of Sark Retail Services on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Sark Retail Services is 03AAZCS4806J1ZW, registered in Punjab.
The CIN (Corporate Identification Number) of Sark Retail Services is U93000PB2017PTC047192. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sark Retail Services was incorporated on 16 November 2017, making it 9+ years old. It is registered with the Registrar of Companies, Chandigarh.
Shurabh Uniyal was appointed as Director on 05 Dec 2019. Bajinder Singh ceased to be Director on 06 Jun 2019. Sandeep Dhyani was appointed as Director on 16 Nov 2017. Sark Retail Services has 4 board changes on record in total.
Yes, Sark Retail Services is registered as a micro enterprise under Udyam registration (number: UDYAM-PB-20-0001033).
Sark Retail Services can be reached through the website sarkretail.com. Its registered office is in Zirakpur, Punjab, India.
The registered office of Sark Retail Services is at SCO – 5A Shree Bazaar Vip Road Zirakpur Tehsil Derabassi, Punjab, India – 140603.