Scorpio Credits Private Limited
About Scorpio Credits Private Limited
Data last updated:
Scorpio Credits Private Limited was a private limited company based in Bhilwara, Rajasthan, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 04 July 1994.
The company was registered with the Registrar of Companies (ROC), Jaipur, under CIN U17100RJ1994PTC066229.
The company had an authorised share capital of ₹25 Lakh and a paid-up capital of ₹9.05 Lakh. It was led by directors Mahesh Chand Lakhotiya and Shailender Kumar Jain.
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 was at B – 9 2nd Floor S.K. Plaza Pur Road, Bhilwara, Rajasthan, India – 311001.
As per the financials filed for FY 2022, the company reported a revenue of ₹7.56 Lakh, a decline of 6% compared to the previous year. For the same year it recorded a net profit of ₹4.21 Lakh (net margin 55.7%) and EBITDA of ₹4.61 Lakh (EBITDA margin 61%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years.
As per MCA filings, the company had open charges of ₹40 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company.
Company details
CIN history
Scorpio Credits has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U17100RJ1994PTC066229, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U17100RJ1994PTC066229 | Current |
| U74899DL1994PTC059989 | Previous |
| U74899RJ1994PTC066229 | Previous |
Contact details
Scorpio Credits Private Limited's registered office is in Bhilwara, Rajasthan. Its e-mail address is in the company report.
- Email
- Registered AddressB – 9 2nd Floor S.K. Plaza Pur Road, Bhilwara, Rajasthan, India – 311001
- IndustryHome & Lifestyle, Textile Retail & Distribution
To see the full contact details of Scorpio Credits 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 Scorpio Credits Private Limited
FY 2022 filings availableScorpio Credits Private Limited reported revenue of ₹7.56 Lakh (down 6% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue fell 6% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 2%. EBITDA fell 25% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹7.56 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹4.61 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹4.21 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 61% | ||||
| Net Profit Margin | 55.7% | ||||
| 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 Scorpio Credits Private Limited, buy the company report.
Board of directors of Scorpio Credits Private Limited
Scorpio Credits has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mahesh Chand Lakhotiya Also directs: Rajasthan Vanaspati Products Limited, Khetan Tradelink Private Limited, Parishray Elegancy Private Limited and 2 more | Director | 19 Feb 1996 | 30 Years 8 Months | As last reported |
| Shailender Kumar Jain Also directs: Sangam Business Credit Limited, Laddha Construction Company Private Limited, Hawamahal Finance Private Limited and 2 more | Director | 27 Jul 2018 | 8 Years 3 Months | As last reported |
Peer comparison
Scorpio Credits Private Limited is compared with the 10 companies closest to it by revenue in the Consumer Products industry (Textile Retail and Distribution), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Nachiyar Clothing Private Limited | ₹7.64 Lakh (FY 2024) | -73.0% | Coimbatore, Tamil Nadu, India | |||
| Asvr Lifestyle Private Limited | ₹7.64 Lakh (FY 2021) | 56.0% | New Delhi, Delhi, India | |||
| Chanduka Trading Private Limited | ₹7.63 Lakh (FY 2024) | -78.0% | Noida, Uttar Pradesh, India | |||
| Subhash Trendz Private Limited | ₹7.6 Lakh (FY 2021) | -62.0% | Surat, Gujarat, India | |||
| Zoetic Healthcare Private Limited | ₹7.6 Lakh (FY 2025) | Ahmedabad, Gujarat, India | ||||
| Scorpio Credits Private Limitedthis company | ₹7.56 Lakh (FY 2022) | ₹4.21 Lakh | 55.7% | -6.0% | Bhilwara, Rajasthan, India | |
| J - Marks Exim (India) Private Limited | ₹7.55 Lakh (FY 2016) | -74.0% | Mumbai, Maharashtra, India | |||
| Sarju International Limited | ₹7.53 Lakh (FY 2025) | 52.0% | Mumbai, Maharashtra, India | |||
| Sri Sai Synthetic Fabricss Private Limited | ₹7.53 Lakh (FY 2024) | -91.0% | Kolkata, West Bengal, India | |||
| Cityon Systems (India) Limited | ₹7.52 Lakh (FY 2025) | 313125.0% | New Delhi, Delhi, India | |||
| Panchmurti Niketan Limited | ₹7.51 Lakh (FY 2023) | 60.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Scorpio Credits Private Limited, buy the company report.
Auditor
Scorpio Credits Private Limited is audited by AMIT P C JAIN & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AMIT P C JAIN & CO | FY 2020 | 022669C |
Shareholding
The shareholding of Scorpio Credits Private Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Scorpio Credits Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Mar 2005 | 90044612 | State Bank of Mysore | ₹30 Cr | Open | |
| 07 May 1999 | 90042465 | Chinatrust Commercial Bank | ₹10 Cr | Open |
Total charge records: 2 View all charges
Legal cases
Scorpio Credits Private Limited has 2 court cases on record: 2 filed by Scorpio Credits. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Jaipur | Court case (C.A.(CAA)) | Filed by the company | Disposed |
| NCLT, Jaipur | Court case (C.P.(CAA)) | Filed by the company | Disposed |
To see the full case history of Scorpio Credits 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 Scorpio Credits 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 Scorpio Credits Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Scorpio Credits Private Limited has 3 board changes on record since 1996: 2 appointments and 1 cessation. The latest: Durga Prasad Dadhich ceased to be Director on 03 Aug 2018.
Frequently asked questions
Scorpio Credits has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Scorpio Credits was a private limited company based in Bhilwara, Rajasthan, India. The company worked in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 04 July 1994 and is registered under CIN U17100RJ1994PTC066229. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Scorpio Credits was incorporated on 04 July 1994. It is registered with the Registrar of Companies, Jaipur.
Scorpio Credits had 2 directors:
- Mahesh Chand Lakhotiya - Director
- Shailender Kumar Jain - Director
The CIN (Corporate Identification Number) of Scorpio Credits is U17100RJ1994PTC066229. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Scorpio Credits is at B – 9 2nd Floor S.K. Plaza Pur Road, Bhilwara, Rajasthan, India – 311001.
The latest financial statements of Scorpio Credits 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 2015 are in the company report.
Scorpio Credits operated in the home and lifestyle industry, in the textile retail and distribution segment.
The peers of Scorpio Credits by revenue are Nachiyar Clothing Private Limited, Asvr Lifestyle Private Limited, Chanduka Trading Private Limited, Subhash Trendz Private Limited, Zoetic Healthcare Private Limited and 5 more, all in the Consumer Products industry (Textile Retail and Distribution).
Scorpio Credits has 2 court cases on record: 2 filed by the company.
Durga Prasad Dadhich ceased to be Director on 03 Aug 2018. Shailender Kumar Jain was appointed as Director on 27 Jul 2018. Mahesh Chand Lakhotiya was appointed as Director on 19 Feb 1996.
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