About Searock International Private Limited
Data last updated:
Searock International Private Limited is a private limited company based in Mumbai, Maharashtra, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the food and beverage distribution segment of the food and beverages sector. It was incorporated on 23 November 2000.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51109MH2000PTC129722. Its GSTIN is 27AAACL6105E1ZX (Maharashtra). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹5.5 Cr and a paid-up capital of ₹4 Cr. It was formerly known as News Homes Private Limited (Cn) and Debaj Export Private Limited. It is led by directors including Kaushal and Parveen Negi.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2021, the company reported a revenue of ₹29.72 Cr, a decline of 89% compared to the previous year. For the same year it recorded a net loss of ₹6.06 Cr (net margin -20.4%) and EBITDA of -₹3.54 Cr (EBITDA margin -11.9%). Revenue has declined at a compounded annual rate (CAGR) of 37% over three years and 10% over five years.
As per MCA filings, the company has open charges of ₹28.32 Cr and satisfied charges of ₹10 Cr on record. Court records list 8 cases involving the company, including 4 filed by the company and 4 filed against it; 1 case is pending. The company has 2 deals on record (2 secondary share transfers); the latest was in March 2019. Its 3 peer companies in the Metals and Minerals industry (Food and Beverages Retail and Distribution, Materials Retail and Distribution), with the same principal business activity (wholesale trading) are compared by revenue, 2 larger and 1 smaller; the largest is N M Agrofood Products Private Limited with revenue of ₹53.4 Cr.
The last known website on record is sripl.in.
Company details
Name history
Searock International has undergone 4 name changes throughout its history. The current legal name is Searock International Private Limited.
| Company Name | Status |
|---|---|
| Searock International Private Limited | Current |
| News Homes Private Limited (Cn) | Previous |
| Debaj Export Private Limited | Previous |
| Layla Moussa Fabrics Pvt Ltd | Previous |
| True Value Biotech Private Limited | Previous |
CIN history
Searock International has one previous CIN (Corporate Identification Number): U51494MH2000PTC129722. The current CIN is U51109MH2000PTC129722, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51109MH2000PTC129722 | Current |
| U51494MH2000PTC129722 | Previous |
Contact details
Searock International Private Limited's registered office is in Mumbai, Maharashtra. Its website is sripl.in. Its e-mail address is in the company report.
- Email
- Website
- Registered Address504 5th Floor Kshitij Building Opp Andheri Sports Complex Veera Desai Road (Andheri West, ), Mumbai, Maharashtra, India – 400053
- IndustryFood and Beverages, Food & Beverage Retail & Distribution
To see the full contact details of Searock International 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 Searock International 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 Searock International Private Limited, buy the company report.
Financials of Searock International Private Limited
FY 2021 filings availableSearock International Private Limited reported revenue of ₹29.72 Cr (down 89% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 10% over five years, including a 89% fall in the latest year. EBITDA fell 179% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹29.72 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹3.54 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹6.06 Cr | ||||
| 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -11.9% | ||||
| Net Profit Margin | -20.4% | ||||
| 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 Searock International Private Limited, buy the company report.
Board of directors of Searock International Private Limited
Searock International has 4 current directors and 15 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kaushal Also directs: Dsa Logistics LLP, Tuggers Technology Private Limited | Director | 27 Jul 2023 | 3 Years 3 Months | As last reported |
| Parveen Negi | Director | 27 Jul 2023 | 3 Years 3 Months | As last reported |
| Sanjay Mehra | Irp/Rp/Liquidator | 14 Mar 2024 | 2 Years 7 Months | As last reported |
| Pawan Govind Chhabda | Director | 10 Oct 2018 | 8 Years 0 Months | As last reported |
Peer comparison
Searock International Private Limited is compared with the 3 companies closest to it by revenue in the Metals and Minerals industry (Food and Beverages Retail and Distribution, Materials 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 |
|---|---|---|---|---|---|---|
| N M Agrofood Products Private Limited | ₹53.4 Cr (FY 2025) | 937.0% | Sriganga Nagar, Rajasthan, India | |||
| Shantilal Oils Private Limited | ₹53.29 Cr (FY 2025) | 3.0% | Nagpur, Maharashtra, India | |||
| Orange Worldwide Private Limited | ₹53.25 Cr (FY 2025) | 87.0% | Ahmedabad, Gujarat, India | |||
| Searock International Private Limitedthis company | ₹29.72 Cr (FY 2021) | -₹6.06 Cr | -20.4% | -89.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Searock International Private Limited, buy the company report.
Auditor
Searock International Private Limited is audited by VINOD SINGHAL & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VINOD SINGHAL & CO | FY 2021 | 005826C |
Shareholding
The shareholding of Searock International Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Searock International Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Dec 2018 | 100254095 | State Bank of India | ₹23.52 Cr | Open | |
| 01 Mar 2018 | 100157773 | Others | ₹4.8 Cr | Open | |
| 01 Mar 2018 | 100157776 | Others | ₹10 Cr | Satisfied |
To see the full charge records of Searock International Private Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Searock International Private Limited has 2 deals on record (2 secondary share transfers); the latest was in March 2019.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2019 | Secondary share transfer | Undisclosed | Buyer: Vandana Mercentile Private Limited, an individual Seller: Toyam Sports Limited , Rockon Enterprises, Banas Finance Ltd , an individual |
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Searock International Private Limited has 8 court cases on record: 4 filed by Searock International, 4 filed against it. 1 case is pending and 7 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 3 | 1 |
| High courts | 1 | 1 | 0 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Mumbai | Insolvency matter | Filed by the company against Takuma Energy India Pvt Ltd | Disposed |
| District court, Chandrapur, Maharashtra | Court case (Spl .Dkst) | Filed against the company by an individual | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Secu. Case) | Filed against the company by State Bank of India Through Mr Mohammad Rasid Khan | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons cases SS) | Filed by the company against individuals | Disposed |
| District court, Chandrapur, Maharashtra | Court case (Sum.Civ.Suit) | Filed against the company by an individual | Disposed |
To see the full case history of Searock International 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 Searock International Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Searock International has 3 GST registrations: 3 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACL6105E1ZX | Maharashtra | Active | 01 Jul 2017 |
| 29AAACL6105E1ZT | Karnataka | Active | 01 Jul 2017 |
| 24AAACL6105E1Z3 | Gujarat | Active | 06 Dec 2017 |
To see the full GST registrations and return filing status of Searock International Private Limited, buy the company report.
Recent activity
Searock International Private Limited has 19 board changes on record since 2010: 4 appointments and 15 cessations. The latest: Sanjay Mehra was appointed as Irp/Rp/Liquidator on 14 Mar 2024.
15 earlier events are in the company report.
Frequently asked questions
Searock International is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Searock International is a company under insolvency, formerly operating as a private limited company based in Mumbai, Maharashtra, India. The company works in food and beverage retail and distribution, within the food and beverages industry. It was incorporated on 23 November 2000 and is registered under CIN U51109MH2000PTC129722. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Searock International has 4 current directors:
- Kaushal - Director
- Parveen Negi - Director
- Pawan Govind Chhabda - Director
- Sanjay Mehra - Irp/Rp/Liquidator
The latest financial statements of Searock International on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Searock International is U51109MH2000PTC129722. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Searock International has open charges of ₹28.32 Cr and satisfied charges of ₹10 Cr as per latest MCA filings.
Searock International has 8 court cases on record: 4 filed by the company and 4 filed against it. 1 is pending. Most are in the district courts.
Searock International was incorporated on 23 November 2000. It is registered with the Registrar of Companies, Mumbai.
Searock International has 2 deals on record (2 secondary share transfers); the latest was in March 2019.
The peers of Searock International by revenue are N M Agrofood Products Private Limited, Shantilal Oils Private Limited, Orange Worldwide Private Limited, all in the Metals and Minerals industry (Food and Beverages Retail and Distribution, Materials Retail and Distribution), with the same principal business activity (wholesale trading).
Sanjay Mehra was appointed as Irp/Rp/Liquidator on 14 Mar 2024. Dharmendra Kumar ceased to be Director on 03 Oct 2023. Amit Sharma ceased to be Director on 12 Sep 2023. Searock International has 19 board changes on record in total.
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