About SB Ecommerce Solutions Private Limited
Data last updated:
SB Ecommerce Solutions Private Limited is a private limited company based in Faridabad, Haryana, India, recognised as a startup by DPIIT. It operates in the software development and support services segment of the technology and IT services sector. It was incorporated on 07 October 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U30000HR2011PTC044051. Its GSTIN is 06AAQCS4887E1ZT (Haryana). The company holds 11 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹2.2 Cr and a paid-up capital of ₹1.99 Lakh. It is led by directors Manuj Bharti and Ashok Kumar Bharti.
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 is at 1B – 215 First Floor Neelam Bata Road Nit, Faridabad, Haryana, India – 121001.
As per the financials filed for FY 2023, the company reported a revenue of ₹14.37 Cr, a decline of 7% compared to the previous year. For the same year it recorded a net profit of ₹37.36 Lakh (net margin 2.6%) and EBITDA of -₹5.5 Cr (EBITDA margin -38.3%). Revenue has grown at a compounded annual rate (CAGR) of 25% over three years and 26% over five years.
The company has about 25 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Koveru and CaseMyWay. As per MCA filings, the company has open charges of ₹10 Cr and satisfied charges of ₹7.5 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website koveru.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address1B – 215 First Floor Neelam Bata Road Nit, Faridabad, Haryana, India – 121001
- IndustryInformation Technology, Software Development & Support Services, Electronic Components & Equipment Manufacturing
- 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
- One PDF report, delivered after checkout
Financials of SB Ecommerce Solutions Private Limited FY 2023 filings available
SB Ecommerce Solutions Private Limited reported revenue of ₹14.37 Cr (down 7% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of SB Ecommerce Solutions Private Limited
Revenue fell 7% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 26%. 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 of SB Ecommerce Solutions Private Limited
| 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 | ₹14.37 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹5.5 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹37.36 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 of SB Ecommerce Solutions Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -38.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 2.6% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of SB Ecommerce Solutions are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Auditor Details of SB Ecommerce Solutions Private Limited
SB Ecommerce Solutions Private Limited is audited by KGSM & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| KGSM & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of SB Ecommerce Solutions Private Limited
SB Ecommerce Solutions has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manuj Bharti | Director | 07 Oct 2011 | 15 Years 0 Months | Current |
| Ashok Kumar Bharti Also directs: Blue Sapphire Healthcares Private Limited | Director | 07 Oct 2011 | 15 Years 0 Months | Current |
Ownership and Shareholding of SB Ecommerce Solutions Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of SB Ecommerce Solutions Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 21 Jun 2025 | Others | ₹6.25 Cr | Open |
| 21 Jun 2025 | Others | ₹2.75 Cr | Open |
| 17 Sep 2021 | Others | ₹26.5 Lakh | Open |
| 26 Mar 2021 | Hdfc Bank Limited | ₹45 Lakh | Open |
| 11 Nov 2020 | Others | ₹28.32 Lakh | Open |
Total charge records: 8 View all charges
MSME Payment Delays by SB Ecommerce Solutions Private Limited
SB Ecommerce Solutions Private Limited has 5 MSME Form 1 returns on record between 2019 and 2021, listing 25 overdue payments to 8 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 8)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | •••• | •••• | •••• |
| O A Compserve Private Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Pickrr Technologies Private Limited | •••• | •••• | •••• |
| Jain Transfer Products | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 5 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Associated Brands with SB Ecommerce Solutions Private Limited
SB Ecommerce Solutions operates two associated brands: Koveru and CaseMyWay. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Operates an online platform for customizing mobile phone covers. | koveru.com | |
| Manufactures and retails mobile accessories through an online platform. | casemyway.com |
Employees and EPFO Compliance at SB Ecommerce Solutions Private Limited
SB Ecommerce Solutions Private Limited has a workforce of 25 employees as of Apr 08, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on SB Ecommerce Solutions Private Limited
SB Ecommerce Solutions Private Limited has 2 board changes on record since 2011: 2 appointments. The latest: Ashok Kumar Bharti was appointed as Director on 07 Oct 2011.
4 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for SB Ecommerce Solutions Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of SB Ecommerce Solutions Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of SB Ecommerce Solutions Private Limited
SB Ecommerce Solutions has 11 GST registrations: 2 active and 9 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AAQCS4887E1ZT | Haryana | Active | 01 Jul 2017 |
| 07AAQCS4887E1ZR | Delhi | Active | 10 Dec 2022 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of SB Ecommerce Solutions Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about SB Ecommerce Solutions Private Limited
SB Ecommerce Solutions is an active private limited company based in Faridabad, Haryana, India. The company works in software development and support services, within the information technology industry. It was incorporated on 07 October 2011 (15+ years old) and is registered under CIN U30000HR2011PTC044051.
SB Ecommerce Solutions reported revenue of ₹14.37 Cr for FY 2023 (down 7% YoY).
SB Ecommerce Solutions has 2 current directors:
- Manuj Bharti - Director
- Ashok Kumar Bharti - Director
SB Ecommerce Solutions reported a net profit of ₹37.36 Lakh (net margin 2.6%) and EBITDA of -₹5.5 Cr (EBITDA margin -38.3%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of SB Ecommerce Solutions is 25% over three years and 26% over five years. In the latest year (FY 2023) revenue fell 7%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of SB Ecommerce Solutions is 06AAQCS4887E1ZT, registered in Haryana. The company has 11 GST registrations in all, of which 2 are active and 9 are cancelled or inactive. Other active GSTINs include 07AAQCS4887E1ZR (Delhi).
The CIN (Corporate Identification Number) of SB Ecommerce Solutions is U30000HR2011PTC044051. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
SB Ecommerce Solutions was incorporated on 07 October 2011, making it 15+ years old. It is registered with the Registrar of Companies, Delhi.
Ashok Kumar Bharti was appointed as Director on 07 Oct 2011. Manuj Bharti was appointed as Director on 07 Oct 2011.
Yes, SB Ecommerce Solutions is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
SB Ecommerce Solutions has 5 MSME Form 1 returns on record between 2019 and 2021, listing 25 overdue payments to 8 micro and small suppliers. The latest return was filed on 01 Sep 2021.