Sarthak Sarees Private Limited
About Sarthak Sarees Private Limited
Data last updated:
Sarthak Sarees Private Limited was a private limited company based in Surat, Gujarat, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 01 December 2011.
The company was registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17120GJ2011PTC068045.
The company had an authorised share capital of ₹50 Lakh and a paid-up capital of ₹37.45 Lakh. It was formerly known as Sidhant Sarees Private Limited.
Its last annual general meeting (AGM) was held on 26 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office was at 408 4th Floor Empire State Building Ring Road, Surat, Gujarat, India – 395002.
As per the financials filed for FY 2016, the company reported a revenue of ₹2.08 Cr, a decline of 64% compared to the previous year. For the same year it recorded a net profit of ₹34,065 (net margin 0.2%) and EBITDA of ₹15.03 Lakh (EBITDA margin 7.2%).
As per MCA filings, the company has satisfied charges of ₹2 Cr on record.
Company details
Contact details
Sarthak Sarees Private Limited's registered office is in Surat, Gujarat. Its e-mail address is in the company report.
- Email
- Registered Address408 4th Floor Empire State Building Ring Road, Surat, Gujarat, India – 395002
- IndustryHome & Lifestyle, Textile Retail & Distribution
To see the full contact details of Sarthak Sarees 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 Sarthak Sarees 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 Sarthak Sarees Private Limited, buy the company report.
Financials of Sarthak Sarees Private Limited
FY 2016 filings availableSarthak Sarees Private Limited reported revenue of ₹2.08 Cr (down 64% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue fell 64% in the latest year. EBITDA rose 61% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ₹2.08 Cr | |
| Other Income | ||
| Total Revenue | ||
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹15.03 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹34,065 | |
| 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 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 7.2% | |
| Net Profit Margin | 0.2% | |
| 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 Sarthak Sarees Private Limited, buy the company report.
Board of directors of Sarthak Sarees Private Limited
Sarthak Sarees has 3 former directors on record and no current directors listed.
Peer comparison
Sarthak Sarees Private Limited is compared with the 6 companies closest to it by revenue in the Consumer Products industry (Sarees, Textile Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Mayuri Sarees Private Limited | ₹2.09 Cr (FY 2024) | -11.0% | Kolakta, West Bengal, India | |||
| Rishi Vastra Vyapar Private Limited | ₹2.08 Cr (FY 2024) | -3.0% | New Delhi, Delhi, India | |||
| Sarthak Sarees Private Limitedthis company | ₹2.08 Cr (FY 2016) | ₹34,065 | 0.2% | -64.0% | Surat, Gujarat, India | |
| Padma Fashions Private Limited | ₹2.07 Cr (FY 2025) | -19.0% | Salem, Tamil Nadu, India | |||
| Modish Couture Private Limited | ₹2.07 Cr (FY 2025) | 104.0% | New Delhi, Delhi, India | |||
| Ratawa & Sons Private Limited | ₹2.07 Cr (FY 2024) | 6.0% | Delhi, India | |||
| Hastkala Prints Private Limited | ₹2.07 Cr (FY 2024) | -11.0% | Chandigarh, India |
To see the full peer comparison of Sarthak Sarees Private Limited, buy the company report.
Auditor
Sarthak Sarees Private Limited is audited by H TOSNIWAL & CO for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| H TOSNIWAL & CO | FY 2016 | 111032W |
Shareholding
The shareholding of Sarthak Sarees Private Limited is on record for 2 financial years, the latest being FY 2016, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2016 | FY 2015 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Sarthak Sarees Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Jun 2012 | 10363346 | Indian Overseas Bank | ₹2 Cr | Satisfied |
To see the full charge records of Sarthak Sarees Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Sarthak Sarees 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 Sarthak Sarees Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Sarthak Sarees Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Sarthak Sarees Private Limited has 3 board changes on record since 2012: 0 appointments and 3 cessations. The latest: Sarita Sanjeev Jain ceased to be Director on 28 Mar 2017.
Frequently asked questions
Sarthak Sarees has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Sarthak Sarees was a private limited company based in Surat, Gujarat, India. The company worked in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 01 December 2011 and is registered under CIN U17120GJ2011PTC068045. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Sarthak Sarees is U17120GJ2011PTC068045. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sarthak Sarees was incorporated on 01 December 2011. It is registered with the Registrar of Companies, Ahmedabad.
The registered office of Sarthak Sarees is at 408 4th Floor Empire State Building Ring Road, Surat, Gujarat, India – 395002.
The latest financial statements of Sarthak Sarees on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 26 September 2016. Year-wise statements from 2015 are in the company report.
Sarthak Sarees operated in the home and lifestyle industry, in the textile retail and distribution segment.
The peers of Sarthak Sarees by revenue are Mayuri Sarees Private Limited, Rishi Vastra Vyapar Private Limited, Padma Fashions Private Limited, Modish Couture Private Limited, Ratawa & Sons Private Limited and 1 more, all in the Consumer Products industry (Sarees, Textile Retail and Distribution), with the same principal business activity (wholesale trading).
Sarita Sanjeev Jain ceased to be Director on 28 Mar 2017. Sidhant Pradeep Dhingra ceased to be Director on 28 Mar 2017. Pradeep Kumar Dhingra ceased to be Director on 10 Feb 2012.
Sarthak Sarees has no open charges and satisfied charges of ₹2 Cr as per latest MCA filings.
Yes. Sarthak Sarees was formerly known as Sidhant Sarees Private Limited.
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