MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-22-0033715
Sheetla Overseas Ltd
Sheetla Overseas Ltd - home & lifestyle in Indore, Madhya Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹23.54 Cr
▼ 26% YoY
Net profit · FY 2024
₹3.78 Lakh
Net margin 0.2%
EBITDA · FY 2024
₹40.39 Lakh
EBITDA margin 1.7%
Authorised capital
₹25 Lakh
Registered with MCA
Paid-up capital
₹24 Lakh
Issued & subscribed
Open charges
₹2 Cr
Satisfied ₹1.98 Cr
Company age
29 yrs
Est. 1997
Directors on board
3
As per MCA filings
About Sheetla Overseas Ltd
Data last updated:
Sheetla Overseas Ltd is a public limited company based in Indore, Madhya Pradesh, India. It operates in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 05 March 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U74110MP1997PLC011707. Its GSTIN is 24AAHCS2504H1ZO (Gujarat). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹24 Lakh. It was formerly known as Sheetla Overseas Pvt Ltd. It is led by directors including Subhash Gopiram Agarwal (Managing Director) and Neeru Rajkumar Agarwal.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Block No: E – A – 155 Scheme No. 94 Ring Road, Indore, Madhya Pradesh, India – 452010.
As per the financials filed for FY 2024, the company reported a revenue of ₹23.54 Cr, a decline of 26% compared to the previous year. For the same year it recorded a net profit of ₹3.78 Lakh (net margin 0.2%) and EBITDA of ₹40.39 Lakh (EBITDA margin 1.7%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 23% over five years.
As per MCA filings, the company has open charges of ₹2 Cr and satisfied charges of ₹1.98 Cr on record. Court records list 5 cases involving the company, including 4 filed by the company and 1 filed against it; 2 cases are pending.
Sheetla Overseas Ltd is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-22-0033715). The current compliance status is marked as compliant by the Registrar of Companies.
Company Details of Sheetla Overseas Ltd
CIN U74110MP1997PLC011707
Registration Number 011707
Incorporation Date 05 March 1997
ROC Gwalior
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-22-0033715
CIN History of Sheetla Overseas Ltd
Sheetla Overseas has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U74110MP1997PLC011707, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74110MP1997PLC011707 | Current |
| U05122MP1997PTC011707 | Previous |
| U05122MP1997PLC011707 | Previous |
Key People
Subhash Gopiram Agarwal Managing Director Neeru Rajkumar Agarwal Director Rajkumar Rameshwarlal Agarwal Director Recognitions & Rankings of Sheetla Overseas
Contact Details
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressBlock No: E – A – 155 Scheme No. 94 Ring Road, Indore, Madhya Pradesh, India – 452010
- IndustryHome & Lifestyle, Textile Retail & Distribution
Comprehensive company report
Sheetla Overseas Ltd - one report that includes everything
- 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
- One PDF report, delivered after checkout
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business Activity of Sheetla Overseas Ltd
The main business activity of Sheetla Overseas is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
Premium access
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Sheetla Overseas Ltd FY 2024 filings available
Sheetla Overseas Ltd reported revenue of ₹23.54 Cr (down 26% YoY) for FY 2024.
Revenue · FY 2024
₹23.54 Cr ▼ 26%
Net profit · FY 2024
₹3.78 Lakh margin 0.2%
EBITDA · FY 2024
₹40.39 Lakh margin 1.7%
Compounded Annual Growth Rate (CAGR) of Sheetla Overseas Ltd
Revenue CAGR growth
1 year
▼ 26%
3 years · compounded
▲ 5%
5 years · compounded
▲ 23%
EBITDA CAGR growth
1 year
▼ 15%
3 years · compounded
▲ 48%
5 years · compounded
▲ 53%
Revenue fell 26% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 23%. EBITDA fell 15% 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 of Sheetla Overseas Ltd
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹40.39 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹3.78 Lakh | •••• | •••• | •••• | •••• |
| 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 of Sheetla Overseas Ltd
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.2% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Sheetla Overseas are in the company report.
Premium access
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Sheetla Overseas Ltd
Sheetla Overseas has 3 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Subhash Gopiram Agarwal Also directs: Jay Madhav Gaushala Foundation | Managing Director | 18 Nov 2001 | 24 Years 11 Months | Current |
| Neeru Rajkumar Agarwal | Director | 07 Feb 2014 | 12 Years 8 Months | Current |
| Rajkumar Rameshwarlal Agarwal | Director | 05 Dec 2023 | 2 Years 10 Months | Current |
Peer Comparison of Sheetla Overseas Ltd
Sheetla Overseas Ltd is compared with the companies closest to it by revenue in the Consumer Products industry (Textile Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Le Merite Fashions Private Limited | ₹23.64 Cr (FY 2024) | •••• | •••• | 11.0% | •••• | Mumbai, Maharashtra, India |
| Chahat Creation Private Limited | ₹23.63 Cr (FY 2025) | •••• | •••• | 36.0% | •••• | New Delhi, Delhi, India |
| Threadmill Clothing Private Limited | ₹23.63 Cr (FY 2024) | •••• | •••• | -24.0% | •••• | New Delhi, Delhi, India |
| Rithum Enterprises Private Limited | ₹23.56 Cr (FY 2024) | •••• | •••• | •••• | New Delhi, Delhi, India | |
| Peeti Securities Limited Listed | ₹23.55 Cr (FY 2025) | •••• | •••• | -7.0% | •••• | Hyderabad, Telangana, India |
| Sheetla Overseas Ltd this company | ₹23.54 Cr (FY 2024) | •••• | •••• | -26.0% | •••• | Indore, Madhya Pradesh, India |
| Nathan Mal Exim Private Limited | ₹23.52 Cr (FY 2025) | •••• | •••• | 123.0% | •••• | Surat, Gujarat, India |
| Applique Fashion's Private Limited | ₹23.51 Cr (FY 2024) | •••• | •••• | -9.0% | •••• | Mumbai, Maharashtra, India |
| Anand Spinners India Private Limited | ₹23.48 Cr (FY 2025) | •••• | •••• | 9.0% | •••• | Bhilwara, Rajasthan, India |
| Shree Krishna Yarn Enterprises Private Limited | ₹23.47 Cr (FY 2025) | •••• | •••• | 756.0% | •••• | Bathinda, Punjab, India |
| Kothari Filaments Private Limited | ₹23.46 Cr (FY 2024) | •••• | •••• | 50.0% | •••• | Surat, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Sheetla Overseas by revenue in the Consumer Products industry (Textile Retail and Distribution), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Sheetla Overseas Ltd
Sheetla Overseas Ltd is audited by KAILASH PATEL & CO. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| KAILASH PATEL & CO. | Locked | Locked | Locked |
Premium access
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Sheetla Overseas Ltd
Premium access
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Sheetla Overseas Ltd
Open charges
₹2 Cr
Satisfied charges
₹1.98 Cr
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 01 Jul 2021 | Yes Bank Limited | ₹2 Cr | Open |
| 06 Jan 2007 | Bank of Baroda | ₹1.11 Cr | Satisfied |
| 28 Dec 2006 | Bank of Baroda | ₹53 Lakh | Satisfied |
| 23 Aug 2006 | Oriental Bank of Commerce | ₹9.25 Lakh | Satisfied |
| 30 Oct 2005 | Oriental Bank of Commerce | ₹25 Lakh | Satisfied |
Total charge records: 5 View all charges
Legal Cases of Sheetla Overseas Ltd
Sheetla Overseas Ltd has 5 court cases on record: 4 filed by Sheetla Overseas, 1 filed against it. 2 cases are pending and 3 are disposed. Status as checked between 30 Sep 2026 and 04 Oct 2026.
Total cases
5
Filed by the company
4
Filed against the company
1
Pending
2
Disposed
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 1 | 2 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ludhiana, Punjab | Civil miscellaneous application | Filed by the company against Shiva Texfabs Limited | Pending |
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed against the company by Indiabulls Financial Services Limited | Disposed |
| District court, SURAT, Gujarat | Criminal complaint | Filed by the company against an individual | Pending |
| District court, Ludhiana, Punjab | Execution petition | Filed by the company against Shiva Taxfabs Ltd | Disposed |
| District court, SURAT, Gujarat | Criminal complaint | Filed by the company against Surendar Ashu Singh Pro. of MLS Industries | Disposed |
Premium access
Full case history
All 5 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Sheetla Overseas Ltd
Employment history and EPFO contributions of people linked to Sheetla Overseas.
Premium access
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Sheetla Overseas Ltd
Sheetla Overseas Ltd has 15 board changes on record since 2001: 3 appointments and 12 cessations. The latest: Tarunadevi Subhashachand Aggarwal ceased to be Director on 02 Dec 2024.
Ceased
Tarunadevi Subhashachand Aggarwal ceased to be Director.
AGM
Sheetla Overseas Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Sheetla Overseas Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Gwalior.
Ceased
Kapil Subhash Agarwal ceased to be Director.
Appointed
Rajkumar Rameshwarlal Agarwal was appointed as Director.
Charges
A charge with Yes Bank Limited amounted to Rs. 200.00 Lakh with Charge ID 100457291 was registered on 01 Jul 2021.
Charges
A charge registered on 06 Jan 2007 via Charge ID 10039379 with Bank Of Baroda was fully satisfied on 24 Jun 2021.
Charges
A charge registered on 28 Dec 2006 via Charge ID 10033334 with Bank Of Baroda was fully satisfied on 24 Jun 2021.
Charges
A charge with Bank Of Baroda of Rs. 53.00 Lakh registered on 28 Dec 2006 with Charge ID 10033334 was modified on 17 Feb 2016.
Ceased
Maheshbhai Jerambhai Dhola ceased to be Director.
Appointed
Neeru Rajkumar Agarwal was appointed as Director.
Ceased
Daxa Prakash Lainingwala ceased to be Director.
17 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Sheetla Overseas Ltd
Premium access
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Sheetla Overseas Ltd
Premium access
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Sheetla Overseas Ltd
Premium access
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Sheetla Overseas Ltd
Sheetla Overseas has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAHCS2504H1ZO | Gujarat | Active | 01 Jul 2017 |
Premium access
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Sheetla Overseas Ltd
Premium access
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Sheetla Overseas Ltd
Sheetla Overseas is an active public limited company based in Indore, Madhya Pradesh, India. The company works in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 05 March 1997 (29+ years old) and is registered under CIN U74110MP1997PLC011707.
Sheetla Overseas reported revenue of ₹23.54 Cr for FY 2024 (down 26% YoY).
Sheetla Overseas has 3 current directors:
- Subhash Gopiram Agarwal - Managing Director
- Neeru Rajkumar Agarwal - Director
- Rajkumar Rameshwarlal Agarwal - Director
Sheetla Overseas reported a net profit of ₹3.78 Lakh (net margin 0.2%) and EBITDA of ₹40.39 Lakh (EBITDA margin 1.7%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Sheetla Overseas is 5% over three years and 23% over five years. In the latest year (FY 2024) revenue fell 26%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Sheetla Overseas is 24AAHCS2504H1ZO, registered in Gujarat. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Sheetla Overseas is U74110MP1997PLC011707. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sheetla Overseas has 5 court cases on record: 4 filed by the company and 1 filed against it. 2 are pending.
Sheetla Overseas was incorporated on 05 March 1997, making it 29+ years old. It is registered with the Registrar of Companies, Gwalior.
The peers of Sheetla Overseas by revenue are Le Merite Fashions Private Limited, Chahat Creation Private Limited, Threadmill Clothing Private Limited, Rithum Enterprises Private Limited, Peeti Securities Limited and 5 more, all in the Consumer Products industry (Textile Retail and Distribution).
Tarunadevi Subhashachand Aggarwal ceased to be Director on 02 Dec 2024. Kapil Subhash Agarwal ceased to be Director on 05 Dec 2023. Rajkumar Rameshwarlal Agarwal was appointed as Director on 05 Dec 2023. Sheetla Overseas has 15 board changes on record in total.