About Sheen India Private Limited
Data last updated:
Sheen India Private Limited is a private limited company based in Delhi, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 15 September 2005.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U00060DL2005PTC140771. Its GSTIN is 09AAJCS2783A2ZA (Uttar Pradesh). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹3.54 Cr. It was formerly known as Sheen Sourcing and Buying Services Private Limited. It is led by directors including Ankit Goel (Irp/Rp/Liquidator) and Tapan Chakraborty (Irp/Rp/Liquidator).
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at H. No. 211 Near Santhmath Satsang Ashram Mahroli, Delhi, India – 110068.
As per the financials filed for FY 2018, the company reported a revenue of ₹3.84 Cr, a decline of 87% compared to the previous year. For the same year it recorded a net loss of ₹25.92 Cr and EBITDA of -₹20.07 Cr. Revenue has declined at a compounded annual rate (CAGR) of 61% over three years.
Its group structure includes 1 subsidiary.
As per MCA filings, the company has open charges of ₹35.81 Cr on record. Court records list 27 cases involving the company, including 1 filed by the company and 26 filed against it; 12 cases are pending.
The last known website on record is sheen.in.
Company details
Contact details
Sheen India Private Limited's registered office is in Delhi, Delhi. Its website is sheen.in. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressH. No. 211 Near Santhmath Satsang Ashram Mahroli, Delhi, India – 110068
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Sheen India 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 Sheen India 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 Sheen India Private Limited, buy the company report.
Financials of Sheen India Private Limited
FY 2019 filings availableSheen India Private Limited reported revenue of ₹3.84 Cr (down 87% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 61% over three years, including a 87% fall 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 | ||||
| Other Income | ||||
| Total Revenue | ₹3.84 Cr | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | -₹20.07 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹25.92 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | ||||
| Net Profit Margin | ||||
| 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 Sheen India Private Limited, buy the company report.
Board of directors of Sheen India Private Limited
Sheen India has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ankit Goel Also directs: AAA Insolvency Professionals LLP, AAA Valuation Professionals LLP, Aaag & Co. LLP and 1 more | Irp/Rp/Liquidator | 27 Nov 2024 | 1 Years 11 Months | As last reported |
| Tapan Chakraborty Also directs: Intelligent Ip Management Solutions Private Limited | Irp/Rp/Liquidator | 10 Mar 2023 | 3 Years 7 Months | As last reported |
| Apoorva Joshi Also directs: Sheen Fashions(India)Private Limited | Director | 02 Apr 2012 | 14 Years 6 Months | As last reported |
| Geetica Kweera Also directs: Sheen Fashions(India)Private Limited | Director | 15 Sep 2005 | 21 Years 1 Months | As last reported |
Peer comparison
Sheen India Private Limited is compared with the 3 companies closest to it by revenue in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Selliamman Spinning Mills Private Limited | ₹3.86 Cr (FY 2023) | -53.0% | Salem, Tamil Nadu, India | |||
| Sheen India Private Limitedthis company | ₹3.84 Cr (FY 2018) | -₹25.92 Cr | -87.0% | Delhi, India | ||
| Kanakgold Industries Private Limited | ₹3.84 Cr (FY 2019) | 75.0% | Surat, Gujarat, India | |||
| KRP Exports India Private Limited | ₹3.83 Cr (FY 2025) | 17.0% | Faridabad, Haryana, India |
To see the full peer comparison of Sheen India Private Limited, buy the company report.
Auditor
Sheen India Private Limited is audited by VIPAL KALRA & ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VIPAL KALRA & ASSOCIATES | FY 2018 | 014661C |
Shareholding
The shareholding of Sheen India Private Limited is on record for 4 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Sheen India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Feb 2016 | 10625143 | Syndicate Bank | ₹4.95 Cr | Open | |
| 22 Oct 2012 | 10387795 | Corporation Bank | ₹12.7 Lakh | Open | |
| 15 Jan 2008 | 10091220 | Corporation Bank | ₹65 Lakh | Open | |
| 15 Jan 2008 | 10091223 | Others | ₹30.08 Cr | Open |
To see the full charge records of Sheen India Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Sheen India Private Limited has 27 court cases on record: 1 filed by Sheen India, 26 filed against it. 12 cases are pending and 15 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 21 | 21 | 10 |
| High courts | 6 | 5 | 2 |
Cases on record (5 of 27)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South East, Delhi | Cheque dishonour complaint | Filed against the company by K.S Textiles Pvt Ltd | Pending |
| District court, North, Delhi | Criminal case | Filed against the company by M/S Balaji Freight Carriers P Ltd | Pending |
| High Court of Delhi | Court case (CRL.L.P.) | Filed against the company by K.S. Textiles Pvt. Ltd | Disposed |
| High Court of Delhi | Writ petition | Filed against the company by K.S. Textiles Pvt. Ltd | Disposed |
| High Court of Delhi | Court case (CRL.M.C.) | Filed against the company by K.S. Textiles Pvt. Ltd | Disposed |
To see the full case history of Sheen India 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 Sheen India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Sheen India has 1 subsidiary company and 1 associated company. This group structure data is as of FY 2019. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Sarveshwar Creations Private Limited | U18109DL2008PTC174410 |
To see the full group structure of Sheen India Private Limited, buy the company report.
Employees & EPFO
Sheen India Private Limited has 2 active EPFO establishments as of Mar 30, 2024.
GST
Sheen India has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AAJCS2783A2ZA | Uttar Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Sheen India Private Limited, buy the company report.
Recent activity
Sheen India Private Limited has 6 board changes on record since 2005: 4 appointments and 2 cessations. The latest: Ankit Goel was appointed as Irp/Rp/Liquidator on 27 Nov 2024.
2 earlier events are in the company report.
Frequently asked questions
Sheen India is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Sheen India is a company under liquidation, formerly operating as a private limited company based in Delhi, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 15 September 2005 and is registered under CIN U00060DL2005PTC140771. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Sheen India has 4 current directors:
- Apoorva Joshi - Director
- Geetica Kweera - Director
- Ankit Goel - Irp/Rp/Liquidator
- Tapan Chakraborty - Irp/Rp/Liquidator
The latest financial statements of Sheen India on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Sheen India is U00060DL2005PTC140771. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sheen India has open charges of ₹35.81 Cr and no satisfied charges on record as per latest MCA filings.
Sheen India has 27 court cases on record: 1 filed by the company and 26 filed against it. 12 are pending. Most are in the district courts.
Sheen India was incorporated on 15 September 2005. It is registered with the Registrar of Companies, Delhi.
The peers of Sheen India by revenue are Selliamman Spinning Mills Private Limited, Kanakgold Industries Private Limited, KRP Exports India Private Limited, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Ankit Goel was appointed as Irp/Rp/Liquidator on 27 Nov 2024. Tapan Chakraborty was appointed as Irp/Rp/Liquidator on 10 Mar 2023. Harish Chandra Singh ceased to be Director on 01 Nov 2022. Sheen India has 6 board changes on record in total.
Sheen India can be reached through the website sheen.in. Its registered office is in Delhi, India.