Sheth Star LLP
About Sheth Star LLP
Data last updated:
Sheth Star LLP is a limited liability partnership (LLP) based in Mumbai, Maharashtra, India. It operates in the watches and jewelry manufacturing segment of the consumer goods sector. It was incorporated on 11 July 2019 and has been in existence for over 7 years.
The LLP is registered with the Registrar of Companies (ROC), Mumbai, under LLPIN AAP-8752. Its GSTIN is 27ADZFS1219F1ZQ (Maharashtra).
The LLP has a total obligation of contribution of ₹1 Lakh. It is led by designated partners Reena Paresh Sheth and Paresh Uttamlal Sheth.
Its latest statement of accounts is for the year ended 31 March 2024. The registered office is at 208 2nd Floor Shreeji Chamber Tata Road No. 2 Opera Housr Girgoan, Mumbai, Maharashtra, India – 400004.
As per the financials filed for FY 2021, the LLP reported a revenue of ₹48.18 Cr, a growth of 23% compared to the previous year. For the same year it recorded a net profit of ₹5.95 Lakh (net margin 0.1%) and EBITDA of ₹46.8 Cr (EBITDA margin 97.1%).
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- Registered Address208 2nd Floor Shreeji Chamber Tata Road No. 2 Opera Housr Girgoan, Mumbai, Maharashtra, India – 400004
- IndustryConsumer Goods, Watches & Jewelry Manufacturing
- 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
Financials of Sheth Star LLP FY 2024 filings available
Sheth Star LLP reported revenue of ₹48.18 Cr (up 23% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR) of Sheth Star LLP
Revenue rose 23% in the latest year. EBITDA rose 21% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Sheth Star LLP
| Statement of Account and Solvency | FY 2020-21 | FY 2019-20 |
|---|---|---|
| Income and Expenditure | ||
| Turnover | •••• | •••• |
| Other Income | •••• | •••• |
| Total Income | ₹48.18 Cr | •••• |
| Purchases and Direct Costs | •••• | •••• |
| Personnel Expenses | •••• | •••• |
| Administrative Expenses | •••• | •••• |
| Interest | •••• | •••• |
| Depreciation | •••• | •••• |
| Total Expenses | •••• | •••• |
| Profit Before Tax | •••• | •••• |
| Tax | •••• | •••• |
| Profit After Tax | ₹5.95 Lakh | •••• |
| Profit Transferred to Partners | •••• | •••• |
| Assets and Liabilities | ||
| Partners' Contribution | •••• | •••• |
| Reserves and Surplus | •••• | •••• |
| Secured Loans | •••• | •••• |
| Unsecured Loans | •••• | •••• |
| Trade Payables | •••• | •••• |
| Other Liabilities and Provisions | •••• | •••• |
| Total Liabilities | •••• | •••• |
| Fixed Assets | •••• | •••• |
| Investments | •••• | •••• |
| Loans and Advances | •••• | •••• |
| Inventories | •••• | •••• |
| Trade Receivables | •••• | •••• |
| Cash and Bank Balance | •••• | •••• |
| Total Assets | •••• | •••• |
Financial Ratios of Sheth Star LLP
| Statement of Account and Solvency | FY 2020-21 | FY 2019-20 |
|---|---|---|
| Profitability | ||
| Net Profit Margin | 0.1% | •••• |
| Return on Partners' Funds | •••• | •••• |
| Return on Assets | •••• | •••• |
| Liquidity and Debt | ||
| Current Ratio | •••• | •••• |
| Debt to Partners' Funds | •••• | •••• |
| Interest Coverage | •••• | •••• |
| Efficiency and Growth | ||
| Asset Turnover | •••• | •••• |
| Receivable Days | •••• | •••• |
| Turnover Growth | •••• | •••• |
| 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 8. The full year-wise statements and ratios of Sheth Star are in the company report.
Financial statements from FY 2020
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.
Auditor Details of Sheth Star LLP
Sheth Star LLP is audited by Pipara Sancheti & Associates for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Pipara Sancheti & Associates | Locked | Locked | Locked |
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.
Designated Partners of Sheth Star LLP
Sheth Star has 2 designated partners on record. No former designated partners are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Reena Paresh Sheth Also directs: Sheth Gemstar LLP, Sheth Gems Private Limited | Designated Partner | 29 Jan 2020 | 6 Years 8 Months | Current |
| Paresh Uttamlal Sheth Also directs: Sheth Gemstar LLP, Sheth Gems Private Limited | Designated Partner | 11 Jul 2019 | 7 Years 3 Months | Current |
Ownership and Shareholding of Sheth Star LLP
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 Sheth Star LLP
Sheth Star LLP does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Sheth Star LLP
Employment history and EPFO contributions of people linked to Sheth Star.
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 Sheth Star LLP
Sheth Star LLP has 2 designated partner changes on record since 2019: 2 appointments. The latest: Reena Paresh Sheth was appointed as Designated Partner on 29 Jan 2020.
Credit Ratings, Litigation & Regulatory Alerts for Sheth Star LLP
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 Sheth Star LLP
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 Sheth Star LLP
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 Sheth Star LLP
Sheth Star has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27ADZFS1219F1ZQ | Maharashtra | Active | 08 Aug 2019 |
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 Sheth Star LLP
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 Sheth Star LLP
Sheth Star is an active limited liability partnership based in Mumbai, Maharashtra, India. The LLP works in watches and jewelry manufacturing, within the consumer goods industry. It was incorporated on 11 July 2019 (7+ years old) and is registered under LLPIN AAP-8752.
Sheth Star reported revenue of ₹48.18 Cr for FY 2021 (up 23% YoY).
Sheth Star has 2 current designated partners:
- Reena Paresh Sheth - Designated Partner
- Paresh Uttamlal Sheth - Designated Partner
Sheth Star reported a net profit of ₹5.95 Lakh (net margin 0.1%) and EBITDA of ₹46.8 Cr (EBITDA margin 97.1%) for FY 2021, as per its filed financial statements.
The GSTIN of Sheth Star is 27ADZFS1219F1ZQ, registered in Maharashtra.
The LLPIN (Limited Liability Partnership Identification Number) of Sheth Star is AAP-8752. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Sheth Star was incorporated on 11 July 2019, making it 7+ years old. It is registered with the Registrar of Companies, Mumbai.
Reena Paresh Sheth was appointed as Designated Partner on 29 Jan 2020. Paresh Uttamlal Sheth was appointed as Designated Partner on 11 Jul 2019.
The registered office of Sheth Star is at 208 2nd Floor Shreeji Chamber Tata Road No. 2 Opera Housr Girgoan, Mumbai, Maharashtra, India – 400004.
The total obligation of contribution is ₹1 Lakh.