Sharda Innovative Private Limited
About Sharda Innovative Private Limited
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Sharda Innovative Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 02 June 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U17100MH1999PTC120164. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹45 Lakh and a paid-up capital of ₹39.9 Lakh. It was formerly known as Tosha Fabrics Private Limited. It is led by directors Hitendra Babulal Shah and Zankesh Dilip Shah.
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 is at Mumbai, Maharashtra.
As per the financials filed for FY 2022, the company reported a revenue of ₹2.28 Cr. For the same year it recorded a net loss of ₹4.11 Lakh (net margin -1.8%) and EBITDA of -₹3.95 Lakh (EBITDA margin -1.7%). Revenue has declined at a compounded annual rate (CAGR) of 8% over three years and 3% over five years.
As per MCA filings, the company has open charges of ₹3.25 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Sharda Innovative Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressFlat No. 305 3rd Floor B Wing Jade Apartments Jade Co – Op Housing Society Ltd Shankar, Lane, Mumbai, Maharashtra, India – 400067
- IndustryHome & Lifestyle, Textile Retail & Distribution
To see the full contact details of Sharda Innovative 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 Sharda Innovative is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Sharda Innovative Private Limited, buy the company report.
Financials of Sharda Innovative Private Limited
FY 2022 filings availableSharda Innovative Private Limited reported revenue of ₹2.28 Cr for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 3% over five years. EBITDA fell 7% 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 |
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| EBITDA | -₹3.95 Lakh | ||||
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| Net Profit (PAT) | -₹4.11 Lakh | ||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| EBITDA Margin | -1.7% | ||||
| Net Profit Margin | -1.8% | ||||
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To see the full financial statements and ratios of Sharda Innovative Private Limited, buy the company report.
Board of directors of Sharda Innovative Private Limited
Sharda Innovative has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hitendra Babulal Shah | Director | 28 Sep 2001 | 25 Years 1 Months | Current |
| Zankesh Dilip Shah | Director | 09 Nov 2012 | 13 Years 11 Months | Current |
Auditor
Sharda Innovative Private Limited is audited by GAURAV MAHESHWARI & COMPANY for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GAURAV MAHESHWARI & COMPANY | FY 2021 | 146965W |
Shareholding
The shareholding of Sharda Innovative Private Limited is on record for 4 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 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Sharda Innovative Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Mar 2007 | 10052161 | The Cosmos Co-Operative Bank Ltd | ₹15 Lakh | Open | |
| 21 Mar 2006 | 90367729 | The Cosmos Co Op. Bank Ltd. | ₹1.6 Cr | Open | |
| 23 Feb 2006 | 90365723 | The Cosmos Co Op. Bank Ltd. | ₹1.5 Cr | Open |
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving Sharda Innovative 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 Sharda Innovative Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Sharda Innovative has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Sharda Innovative Private Limited, buy the company report.
Recent activity
Sharda Innovative Private Limited has 5 board changes on record since 2001: 2 appointments and 3 cessations. The latest: Zankesh Dilip Shah ceased to be Additional Director on 28 Sep 2013.
Frequently asked questions
Sharda Innovative is an active private limited company based in Mumbai, Maharashtra, India. The company works in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 02 June 1999 (27+ years old) and is registered under CIN U17100MH1999PTC120164.
Sharda Innovative has 2 current directors:
- Hitendra Babulal Shah - Director
- Zankesh Dilip Shah - Director
The latest financial statements of Sharda Innovative 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.
No. Sharda Innovative has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Sharda Innovative is U17100MH1999PTC120164. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sharda Innovative was incorporated on 02 June 1999, making it 27+ years old. It is registered with the Registrar of Companies, Mumbai.
Zankesh Dilip Shah ceased to be Additional Director on 28 Sep 2013. Dilip Babulal Shah ceased to be Director on 16 Nov 2012. Zankesh Dilip Shah was appointed as Director on 09 Nov 2012. Sharda Innovative has 5 board changes on record in total.
The registered office of Sharda Innovative is at Flat No. 305 3rd Floor B Wing Jade Apartments Jade Co – Op Housing Society Ltd Shankar, Lane, Mumbai, Maharashtra, India – 400067.
Sharda Innovative operates in the home and lifestyle industry, in the textile retail and distribution segment.
Sharda Innovative has open charges of ₹3.25 Cr and no satisfied charges on record as per latest MCA filings.
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