Sear's India Impex Limited
About Sear's India Impex Limited
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Sear's India Impex Limited is a public limited company based in Kolkata, West Bengal, India. It operates in the general construction services segment of the infrastructure and utilities sector. It was incorporated on 09 August 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U15316WB1999PLC090027. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹44.08 Lakh. It was formerly known as Sear'S India Health Care Private Limited and Sear'S India Impex Private Limited. It is led by directors including Nitesh Sharma and Pradip Saha.
Its last annual general meeting (AGM) was held on 30 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at C – 112 City – Centre Saltlake, Kolkata, West Bengal, India – 700064.
As per the financials filed for FY 2018, the company reported a revenue of ₹6.52 Lakh, a decline of 93% compared to the previous year. For the same year it recorded a net profit of ₹34,035 (net margin 5.2%) and EBITDA of ₹1.65 Lakh (EBITDA margin 25.3%). Revenue has declined at a compounded annual rate (CAGR) of 56% over three years.
The company has about 6 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹2 Cr on record. Court records list 4 cases involving the company, including 1 filed by the company and 3 filed against it; 1 case is pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Name history
Sear's India Impex has undergone 2 name changes throughout its history. The company was previously known as Sear's India Health Care Private Limited, and Sear's India Impex Private Limited. The current legal name is Sear'S India Impex Limited.
| Company Name | Status |
|---|---|
| Sear's India Impex Limited | Current |
| Sear's India Health Care Private Limited | Previous |
| Sear's India Impex Private Limited | Previous |
CIN history
Sear's India Impex has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U15316WB1999PLC090027, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U15316WB1999PLC090027 | Current |
| U51507WB1999PTC090027 | Previous |
| U51507WB1999PLC090027 | Previous |
Contact details
Sear's India Impex Limited's registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressC – 112 City – Centre Saltlake, Kolkata, West Bengal, India – 700064
- IndustryInfrastructure and Utilities, General Construction Services
To see the full contact details of Sear's India Impex 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 Sear's India Impex is construction. In detail, this covers roads, railways, utility projects.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F2 | Roads, railways, Utility projects |
To see the full business activity and turnover split of Sear's India Impex Limited, buy the company report.
Financials of Sear's India Impex Limited
FY 2018 filings availableSear's India Impex Limited reported revenue of ₹6.52 Lakh (down 93% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 56% over three years, including a 93% fall in the latest year. EBITDA fell 80% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ₹6.52 Lakh | |||
| Other Income | ||||
| Total Revenue | ||||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹1.65 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹34,035 | |||
| 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 25.3% | |||
| Net Profit Margin | 5.2% | |||
| 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 Sear's India Impex Limited, buy the company report.
Board of directors of Sear's India Impex Limited
Sear's India Impex has 8 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nitesh Sharma | Director | 05 Feb 2014 | 12 Years 8 Months | Current |
| Pradip Saha | Director | 05 Feb 2014 | 12 Years 8 Months | Current |
| Sanjit Jain | Director | 05 Feb 2014 | 12 Years 8 Months | Current |
| Santanu Choudhury Also directs: Saas Engineering Co Pvt Ltd | Director | 25 Jun 2018 | 8 Years 3 Months | Current |
| Trailokya Mohapatra | Director | 20 Jul 2009 | 17 Years 3 Months | Current |
| Manash Ghosh | Director | 25 Jun 2018 | 8 Years 3 Months | Current |
Auditor
Sear's India Impex Limited is audited by M N GANGOPADHYAY & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M N GANGOPADHYAY & CO | FY 2018 | 308133E |
Shareholding
The shareholding of Sear's India Impex Limited is on record for 4 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Sear's India Impex Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Sep 2004 | 90244826 | Indian Bank | ₹2 Cr | Satisfied |
To see the full charge records of Sear's India Impex Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Sear's India Impex Limited has 4 court cases on record: 1 filed by Sear's India Impex, 3 filed against it. 1 case is pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 1 |
| High courts | 1 | 0 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Appeal | Filed by the company against M/S Grand Slam Fitness Pvt Ltd | Disposed |
| District court, Kamrup Metro, Assam | Court case (N I Act) | Filed against the company by M/S Avishkar Sales | Pending |
| District court, Kamrup Metro, Assam | Civil suit | Filed against the company by an individual | Disposed |
| District court, Kamrup Metro, Assam | Court case (Complaint Case C.R.) | Filed against the company by Ms Rama Health Care Ltd | Disposed |
To see the full case history of Sear's India Impex 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 Sear's India Impex Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Sear's India Impex Limited has a workforce of 6 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Sear's India Impex has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Sear's India Impex Limited, buy the company report.
Recent activity
Sear's India Impex Limited has 8 board changes on record since 1999: 8 appointments. The latest: Manash Ghosh was appointed as Director on 25 Jun 2018.
2 earlier events are in the company report.
Frequently asked questions
Sear's India Impex is an active public limited company based in Kolkata, West Bengal, India. The company works in general construction services, within the infrastructure and utilities industry. It was incorporated on 09 August 1999 (27+ years old) and is registered under CIN U15316WB1999PLC090027.
Sear's India Impex has 8 current directors:
- Nitesh Sharma - Director
- Pradip Saha - Director
- Sanjit Jain - Director
- Santanu Choudhury - Director
- Trailokya Mohapatra - Director
- Manash Ghosh - Director
- Manjushree Behera - Director
- Narendra Kumar Behera - Director
The latest financial statements of Sear's India Impex on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 30 September 2018. Year-wise statements from 2015 are in the company report.
No. Sear's India Impex has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Sear's India Impex is U15316WB1999PLC090027. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sear's India Impex has 4 court cases on record: 1 filed by the company and 3 filed against it. 1 is pending. Most are in the district courts.
Sear's India Impex was incorporated on 09 August 1999, making it 27+ years old. It is registered with the Registrar of Companies, Kolkata.
Manash Ghosh was appointed as Director on 25 Jun 2018. Santanu Choudhury was appointed as Director on 25 Jun 2018. Nitesh Sharma was appointed as Director on 05 Feb 2014. Sear's India Impex has 8 board changes on record in total.
The registered office of Sear's India Impex is at C – 112 City – Centre Saltlake, Kolkata, West Bengal, India – 700064.
Sear's India Impex operates in the infrastructure and utilities industry, in the general construction services segment.