Satvik Salon and Spa Private Limited
About Satvik Salon and Spa Private Limited
Data last updated:
Satvik Salon and Spa Private Limited was a private limited company based in New Delhi, Delhi, 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 beauty salons and wellness spas segment of the health and wellness sector. It was incorporated on 23 March 2015.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U74140DL2015PTC278216. Its GSTIN is 09AAVCS5786M1Z1 (Uttar Pradesh). The company held 3 GST registrations, of which 1 is active.
The company had an authorised share capital of ₹30 Lakh and a paid-up capital of ₹30 Lakh. It was led by directors including Parbodh Chander Sood and Prem Kumar Israni.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at F. No. – 6514 C – 6/7 Vasant Kunj, New Delhi, Delhi, India – 110070.
As per the financials filed for FY 2023, the company reported a revenue of ₹7.47 Cr, a growth of 50% compared to the previous year. For the same year it recorded a net profit of ₹40.08 Lakh (net margin 5.4%) and EBITDA of ₹64.69 Lakh (EBITDA margin 8.7%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 11% over five years.
The company has about 9 employees on its provident fund (EPFO) records.
Company details
Contact details
Satvik Salon and Spa Private Limited's registered office is in New Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressF. No. – 6514 C – 6/7 Vasant Kunj, New Delhi, Delhi, India – 110070
- IndustryHealth and Wellness Services, Beauty Salons & Wellness Spas
To see the full contact details of Satvik Salon and Spa 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 Satvik Salon and Spa is personal and household service. In detail, this covers other personal service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| S | Personal and Household service | S4 | Other Personal service activities |
To see the full business activity and turnover split of Satvik Salon and Spa Private Limited, buy the company report.
Financials of Satvik Salon and Spa Private Limited
FY 2023 filings availableSatvik Salon and Spa Private Limited reported revenue of ₹7.47 Cr (up 50% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 11% over five years, including 50% growth in the latest year. EBITDA rose 49% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹7.47 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹64.69 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹40.08 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.7% | ||||
| Net Profit Margin | 5.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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| Net Profit Growth | |||||
To see the full financial statements and ratios of Satvik Salon and Spa Private Limited, buy the company report.
Board of directors of Satvik Salon and Spa Private Limited
Satvik Salon and Spa has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Parbodh Chander Sood Also directs: Satvik Salon and Spa LLP | Director | 23 Mar 2015 | 11 Years 7 Months | As last reported |
| Prem Kumar Israni Also directs: Tresor Salon Private Limited | Director | 23 Mar 2015 | 11 Years 7 Months | As last reported |
| Ankita Sood Also directs: Satvik Salon and Spa LLP | Director | 23 Mar 2015 | 11 Years 7 Months | As last reported |
| Sumit Israni | Director | 24 Dec 2016 | 9 Years 10 Months | As last reported |
Peer comparison
Satvik Salon and Spa Private Limited is compared with the 3 companies closest to it by revenue in the Consumer Services industry (Beauty Salons and Spas), with the same principal business activity (other personal service activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| A-One Hair & Beauty Studio Private Limited | ₹7.56 Cr (FY 2022) | 63.0% | Vadodara, Gujarat, India | |||
| Aromathai Spa Private Limited | ₹7.52 Cr (FY 2024) | 7.0% | Mumbai, Maharashtra, India | |||
| Getlook Beauty Private Limited | ₹7.51 Cr (FY 2024) | 27.0% | Bangalore, Karnataka, India | |||
| Satvik Salon and Spa Private Limitedthis company | ₹7.47 Cr (FY 2023) | ₹40.08 Lakh | 5.4% | 50.0% | 9 | New Delhi, Delhi, India |
To see the full peer comparison of Satvik Salon and Spa Private Limited, buy the company report.
Auditor
Satvik Salon and Spa Private Limited is audited by SUNIL VIJAY & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SUNIL VIJAY & ASSOCIATES | FY 2023 | 5802N |
Shareholding
The shareholding of Satvik Salon and Spa Private 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 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Satvik Salon and Spa Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Satvik Salon and Spa 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 Satvik Salon and Spa Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Satvik Salon and Spa Private Limited has a workforce of 9 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Satvik Salon and Spa has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AAVCS5786M1Z1 | Uttar Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Satvik Salon and Spa Private Limited, buy the company report.
Recent activity
Satvik Salon and Spa Private Limited has 5 board changes on record since 2015: 4 appointments and 1 cessation. The latest: Sumit Israni ceased to be Additional Director on 29 Sep 2017.
Frequently asked questions
Satvik Salon and Spa 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.
Satvik Salon and Spa was a private limited company based in New Delhi, Delhi, India. The company worked in beauty salons and wellness spas, within the health and wellness services industry. It was incorporated on 23 March 2015 and is registered under CIN U74140DL2015PTC278216. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Satvik Salon and Spa is U74140DL2015PTC278216. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Satvik Salon and Spa had 4 directors:
- Parbodh Chander Sood - Director
- Prem Kumar Israni - Director
- Ankita Sood - Director
- Sumit Israni - Director
Satvik Salon and Spa was incorporated on 23 March 2015. It is registered with the Registrar of Companies, Delhi.
The registered office of Satvik Salon and Spa is at F. No. – 6514 C – 67 Vasant Kunj, New Delhi, Delhi, India – 110070.
The latest financial statements of Satvik Salon and Spa on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Satvik Salon and Spa is 09AAVCS5786M1Z1, registered in Uttar Pradesh. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
Satvik Salon and Spa operated in the health and wellness services industry, in the beauty salons and wellness spas segment.
The peers of Satvik Salon and Spa by revenue are A-One Hair & Beauty Studio Private Limited, Aromathai Spa Private Limited, Getlook Beauty Private Limited, all in the Consumer Services industry (Beauty Salons and Spas), with the same principal business activity (other personal service activities).
Sumit Israni ceased to be Additional Director on 29 Sep 2017. Sumit Israni was appointed as Director on 24 Dec 2016. Ankita Sood was appointed as Director on 23 Mar 2015. Satvik Salon and Spa has 5 board changes on record in total.
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