Sharman Knits Private Limited
About Sharman Knits Private Limited
Data last updated:
Sharman Knits Private Limited was a private limited company based in Ludhiana, Punjab, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the wholesale distribution segment of the trading and commerce sector. It was incorporated on 20 September 1995.
The company was registered with the Registrar of Companies (ROC), Chandigarh, under CIN U17309PB1995PTC017061.
The company had an authorised share capital of ₹30 Lakh and a paid-up capital of ₹25 Lakh.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at 428/1 Govt.College Road Civil Lines, Ludhiana, Punjab, India – 141001.
As per the financials filed for FY 2018, the company reported a revenue of ₹4.93 Lakh, a decline of 58% compared to the previous year. For the same year it recorded a net profit of ₹3.48 Lakh (net margin 70.6%) and EBITDA of ₹4.76 Lakh (EBITDA margin 96.6%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years.
As per MCA filings, the company has satisfied charges of ₹34.5 Lakh on record.
Company details
Contact details
Sharman Knits Private Limited's registered office is in Ludhiana, Punjab. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address428/1 Govt.College Road Civil Lines, Ludhiana, Punjab, India – 141001
- IndustryTrading, Other Wholesale, Wholesale
To see the full contact details of Sharman Knits 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 Sharman Knits Private Limited
FY 2018 filings availableSharman Knits Private Limited reported revenue of ₹4.93 Lakh (down 58% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue fell 58% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 6%. EBITDA rose 21% 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 |
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| Profit and Loss Statement | ||||
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| Total Revenue | ||||
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| Total Expenses | ||||
| EBITDA | ₹4.76 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹3.48 Lakh | |||
| Balance Sheet | ||||
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| Reserves and Surplus | ||||
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| Trade Payables | ||||
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| Trade Receivables | ||||
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Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 96.6% | |||
| Net Profit Margin | 70.6% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
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| Receivable Days | ||||
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| Revenue Growth | ||||
| Net Profit Growth | ||||
To see the full financial statements and ratios of Sharman Knits Private Limited, buy the company report.
Board of directors of Sharman Knits Private Limited
Sharman Knits has 3 former directors on record and no current directors listed.
Auditor
Sharman Knits Private Limited is audited by BAL MAHAJAN & CO. for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BAL MAHAJAN & CO. | FY 2017 | 000734N |
Shareholding
The shareholding of Sharman Knits Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Sharman Knits Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Aug 1996 | 90172983 | State Bank of India | ₹3 Lakh | Satisfied | |
| 07 Aug 1996 | 90310965 | State Bank of India | ₹3 Lakh | Satisfied | |
| 15 Apr 1996 | 90310933 | State Bank of India | ₹20.5 Lakh | Satisfied | |
| 07 Aug 1995 | 90174744 | State Bank of India | ₹8 Lakh | Satisfied |
To see the full charge records of Sharman Knits Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
No court or tribunal cases involving Sharman Knits 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 Sharman Knits 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 Sharman Knits Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Sharman Knits Private Limited has 3 board changes on record since 2015: 0 appointments and 3 cessations. The latest: Rajeev Jain ceased to be Managing Director on 29 Nov 2018.
6 earlier events are in the company report.
Frequently asked questions
Sharman Knits has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Sharman Knits was a private limited company based in Ludhiana, Punjab, India. The company worked in other wholesale, within the trading industry. It was incorporated on 20 September 1995 and is registered under CIN U17309PB1995PTC017061. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Sharman Knits is U17309PB1995PTC017061. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sharman Knits was incorporated on 20 September 1995. It is registered with the Registrar of Companies, Chandigarh.
The registered office of Sharman Knits is at 4281 Govt.College Road Civil Lines, Ludhiana, Punjab, India – 141001.
The latest financial statements of Sharman Knits on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
Sharman Knits operated in the trading industry, in the other wholesale segment.
Rajeev Jain ceased to be Managing Director on 29 Nov 2018. Sonia Jain ceased to be Director on 29 Nov 2018. Ajeet Kumar Jain ceased to be Director on 18 Aug 2015.
Sharman Knits has no open charges and satisfied charges of ₹34.5 Lakh as per latest MCA filings.
Sharman Knits can be reached at its registered office: 4281 Govt.College Road Civil Lines, Ludhiana, Punjab, India – 141001.