Shobha Asars Private Limited - Company Profile

It is a consumer goods private limited company based in Mumbai, Maharashtra, India, established in 2008.
2008 Mumbai, Maharashtra, India Under Cirp
Last Updated:
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About Shobha Asars Private Limited

Shobha Asars Private Limited, a under cirp private limited company, was established on 22 May 2008 in Mumbai, Maharashtra, India. Engaging in watches & jewelry manufacturing within the manufacturing sector, it holds CIN: U36996MH2008PTC182521. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹9.69 Cr and a paid-up capital of ₹9.60 Cr.

Formerly known as Shobha Asar Jewellery Private Limited. It upholds a compliant status. Employing 69 professional, Its leadership includes Shobha Haresh Asar (Additional Director), Haresh Dwarkadas Asar (Additional Director), Sidaarth H Asar (Director). Past directors included Shobha Haresh Asar, Kalpana Siddharth Asar, Haresh Dwarkadas Asar. It holds ₹30.00 Cr open charges and ₹44.00 Cr settled loans. Its latest AGM occurred on 29 September 2018, with the balance sheet filed on 31 March 2018. It is based at Flat No. 401/402,4Th Floor, Prasad Chambers, Tata Road No.2 Charni Road (East), Opera Hous, E, Girgaon, Mumbai, Maharashtra, 400004.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
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  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U36996MH2008PTC182521

  • Registration Number

    182521

  • Incorporation Date

    22 May 2008

  • Authorized Capital

    ₹9.69 Cr

  • Paid-Up Capital

    ₹9.60 Cr

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Under Cirp

Key Metrics
  • Authorised Capital ₹ 9.69 Cr
  • Paid Up Capital ₹ 9.60 Cr
  • Company Age 17 Year, 10 Months
  • Last Filing with ROC 31 Mar 2018
  • Open Charges ₹ 30.00 Cr
  • Satisfied Charges ₹ 44.00 Cr
  • Revenue Growth **** 3.67%
  • Profit Growth **** 14.95%
  • Ebitda **** -13.71%
  • Net Worth 3.47%
  • Total Assets **** 14.33%
Company report

Shobha Asars Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Shobha Asars Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Shobha Asars Private Limited?
Current Directors
Name Designation Appointment Date Status
Shobha Haresh Asar Additional Director 30 Sep 2019 Current
Haresh Dwarkadas Asar Additional Director 24 Sep 2019 Current
Sidaarth H Asar Director 06 Apr 2018 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Additional Director 29 Sep 2018 Past
Pramod Abcsdd Director 19 Dec 2018 Past
Pramod Abcsdd Director 19 Dec 2018 Past
Pramod Abcsdd Director 04 Apr 2018 Past
Pramod Abcsdd Additional Director 30 Nov 2019 Past
Pramod Abcsdd Company Secretary - Past

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Financial Performance of Shobha Asars.

Shobha Asars Private Limited, for the financial year ended 2018, experienced modest growth in revenue, with a 3.67% increase. The company also saw a substantial improvement in profitability, with a 14.95% increase in profit. The company's net worth moved up by a moderate rise of 3.47%.

Shobha Asars revenue growth over time
Shobha Asars profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
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 3.67%
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Revenue from Operations
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 4.15%
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Total Assets
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 14.33%
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Profit or Loss
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 14.95%
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Net Worth
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 3.47%
*******
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EBITDA
*******
 -13.71%
*******
*******
*******
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What is the Ownership and Shareholding Structure of Shobha Asars?

In 2018, Shobha Asars had a promoter holding of 90.00% and a public holding of 10.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹300,000,000.00

Satisfied Charges

₹440,000,000.00

Charges Breakdown by Lending Institutions
  • Others : 30.00 Cr
Latest Charge Details
Date Lender Amount Status
17 Feb 2018 Others ₹30.00 Cr Open
29 Sep 2016 Others ₹2.00 Cr Satisfied
29 Sep 2016 Others ₹22.00 Cr Satisfied
27 Apr 2011 Reliance Home Finance Private Limited ₹7.50 M Satisfied
05 Jan 2009 Kotak Mahindra Bank Limited ₹1.25 Cr Satisfied

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How Many Employees Work at Shobha Asars?

Shobha Asars has a workforce of 69 employees as of Apr 04, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Shobha Asars, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Shobha Asars's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Shobha Asars
Recent Activity within the Organization
  • Charges

    The activity A charge with Others of Rs. 30.00 Cr registered on 17 Feb 2018 with Charge ID 100160827 was modified on 16 Dec 2022. was completed.

  • Director Appointment

    Shobha Haresh Asar was appointed as a Additional Director was appointed as a Additional Director on 30 Sep 2019 & has been associated with this company since 6 years 6 months . was recorded as a recent event.

  • Director Appointment

    Progress on Haresh Dwarkadas Asar was appointed as a Additional Director was appointed as a Additional Director on 24 Sep 2019 & has been associated with this company since 6 years 6 months . was documented.

  • Annual General Meeting

    The activity Shobha Asars Private Limited last Annual general meeting of members was held on 29 Sep 2018 as per latest MCA records. was completed.

  • Charges

    The activity A charge registered on 29 Sep 2016 via Charge ID 100054326 with Others was fully satisfied on 26 Apr 2018. was completed.

  • Charges

    The activity A charge registered on 29 Sep 2016 via Charge ID 100054324 with Others was fully satisfied on 26 Apr 2018. was completed.

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Frequently Asked Questions
What is the CIN of Shobha Asars Private Limited?

The CIN of Shobha Asars Private Limited is U36996MH2008PTC182521.

Where is Shobha Asars Private Limited headquartered?

Shobha Asars Private Limited is headquartered at Flat No. 401/402,4Th Floor, Prasad Chambers, Tata Road No.2 Charni Road (East), Opera Hous, E, Girgaon, Mumbai, Maharashtra, 400004.

When was Shobha Asars Private Limited incorporated?

Shobha Asars Private Limited was incorporated on 22 May 2008.

Who are the current directors of Shobha Asars Private Limited?

The current directors of Shobha Asars Private Limited are

What is the primary industry of Shobha Asars Private Limited?

The primary industry of Shobha Asars Private Limited is Manufacturing.

Is Shobha Asars Private Limited a listed company?

Shobha Asars Private Limited is unlisted.

What is the capital structure of Shobha Asars Private Limited?

The authorized capital of Shobha Asars Private Limited is ₹9.69 Cr, and the paid-up capital is ₹9.60 Cr.

What is the compliance status of Shobha Asars Private Limited?

The compliance status of Shobha Asars Private Limited is Compliant.

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