MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2023-24)
- Udyam number
- UDYAM-KR-03-0204313
Sic Stocks and Services Private Limited - financial services in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2021
₹1.39 Cr
▲ 50% YoY
Net loss · FY 2021
₹1.66 Cr
Net margin -119.3%
EBITDA · FY 2021
-₹90.76 Lakh
EBITDA margin -65.3%
Authorised capital
₹1.1 Cr
Registered with MCA
Paid-up capital
₹1.09 Cr
Issued & subscribed
Open charges
₹37.79 Lakh
Satisfied ₹9.05 Cr
Company age
25 yrs
Est. 2001
Employees · EPFO
16
Provident fund records
About Sic Stocks and Services Private Limited
Data last updated:
Sic Stocks and Services Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the brokerage and trading services segment of the financial services sector. It was incorporated on 29 October 2001 and has been in existence for over 25 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U67120KA2001PTC029701. Its GSTIN is 29AAHCS8176P1Z9 (Karnataka). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1.1 Cr and a paid-up capital of ₹1.09 Cr. It is led by directors Dinesh and Sidhartha Handa.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Unit Nos.1301 – 1302 13th Floor Prestige Meridian – II No.30 M.G. Road, Bangalore, Karnataka, India – 560001.
As per the financials filed for FY 2021, the company reported a revenue of ₹1.39 Cr, a growth of 50% compared to the previous year. For the same year it recorded a net loss of ₹1.66 Cr (net margin -119.3%) and EBITDA of -₹90.76 Lakh (EBITDA margin -65.3%). Revenue has declined at a compounded annual rate (CAGR) of 5% over three years and 13% over five years.
The company has about 16 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: SIC Robo and SIC Stocks. As per MCA filings, the company has open charges of ₹37.79 Lakh and satisfied charges of ₹9.05 Cr on record. Court records list 29 cases involving the company, including 20 filed by the company and 9 filed against it; 8 cases are pending.
Sic Stocks and Services Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0204313). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sicstocks.com.
Company details
CIN U67120KA2001PTC029701
Registration Number 029701
Incorporation Date 29 October 2001
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 November 2021
Date of Balance Sheet 31 March 2021
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0204313
Key People
Dinesh Director Sidhartha Handa Director Recognitions & Rankings of Sic Stocks and Services
Contact details
Sic Stocks and Services Private Limited's registered office is in Bangalore, Karnataka. Its website is sicstocks.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressUnit Nos.1301 – 1302 13th Floor Prestige Meridian – II No.30 M.G. Road, Bangalore, Karnataka, India – 560001
- IndustryFinancial Services, Brokerage & Trading Services
To see the full contact details of Sic Stocks and Services Private Limited, buy the company report.
Comprehensive company report
Sic Stocks and Services Private Limited - 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
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Brands
Sic Stocks and Services operates two associated brands: SIC Robo and SIC Stocks. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers an online platform for stock trading services. | sicrobo.com | |
| Offers a cloud-based white-label robo advisor for stocks. | sicstocks.com |
Business activity
The main business activity of Sic Stocks and Services is financial and insurance service. In detail, this covers banking activities by central, commercial and saving banks.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K1 | Banking activities by Central, Commercial and Saving banks |
To see the full business activity and turnover split of Sic Stocks and Services Private Limited, buy the company report.
Financials of Sic Stocks and Services Private Limited
FY 2021 filings availableSic Stocks and Services Private Limited reported revenue of ₹1.39 Cr (up 50% YoY) for FY 2021.
Revenue · FY 2021
₹1.39 Cr ▲ 50%
Net loss · FY 2021
₹1.66 Cr margin -119.3%
EBITDA · FY 2021
-₹90.76 Lakh margin -65.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 50%
3 years · compounded
▼ 5%
5 years · compounded
▼ 13%
EBITDA CAGR growth
1 year
▼ 165%
3 years · compounded
▼ 55%
5 years · compounded
▼ 24%
Revenue rose 50% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 13%. EBITDA fell 165% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹1.39 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹90.76 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.66 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -65.3% | ||||
| Net Profit Margin | -119.3% | ||||
| 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 Sic Stocks and Services Private Limited, buy the company report.
Board of directors of Sic Stocks and Services Private Limited
Sic Stocks and Services has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dinesh | Director | 20 Sep 2022 | 4 Years 1 Months | Current |
| Sidhartha Handa | Director | 29 Oct 2001 | 25 Years 0 Months | Current |
Auditor
Sic Stocks and Services Private Limited is audited by R BHAT & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R BHAT & CO | FY 2021 | 006018S |
Shareholding
The shareholding of Sic Stocks and Services Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Sic Stocks and Services Private Limited, buy the company report.
Charges & borrowings
Open charges
₹37.79 Lakh
Satisfied charges
₹9.05 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Aug 2019 | 100301472 | Others | ₹12.79 Lakh | Open | |
| 23 Dec 2016 | 100071771 | Syndicate Bank | ₹25 Lakh | Open | |
| 25 Nov 2021 | 100508273 | Others | ₹4 Cr | Satisfied | |
| 08 Jul 2014 | 10507802 | Kotak Mahindra Bank Limited | ₹2.56 Cr | Satisfied | |
| 31 Oct 2012 | 10388687 | Bank of India | ₹2.49 Cr | Satisfied |
To see the full charge records of Sic Stocks and Services Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Sic Stocks and Services Private Limited has 29 court cases on record: 20 filed by Sic Stocks and Services, 9 filed against it. 8 cases are pending and 21 are disposed.
Total cases
29
Filed by the company
20
Filed against the company
9
Pending
8
Disposed
21
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 22 | 8 | 6 |
| High courts | 7 | 1 | 2 |
Cases on record (5 of 29)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed against the company by M/S Wisetree Capital Pvt Limited | Pending |
| High Court of Karnataka | Writ petition | Filed by the company against M/S Silicon Designs (M) India Pvt Ltd | Pending |
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed against the company by Silicon Designs M India Pvt Ltd | Pending |
| High Court of Karnataka | Appeal | Filed by the company against M/S BSE Limited and 2 others | Disposed |
| High Court, KARNATAKA | Writ petition | Filed by the company against M/S BSE Limited and 2 others | Disposed |
To see the full case history of Sic Stocks and Services 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 Sic Stocks and Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Sic Stocks and Services has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAHCS8176P1Z9 | Karnataka | Active | 29 Aug 2017 |
To see the full GST registrations and return filing status of Sic Stocks and Services Private Limited, buy the company report.
Recent activity
Sic Stocks and Services Private Limited has 7 board changes on record since 2001: 2 appointments and 5 cessations. The latest: Dinesh ceased to be Additional Director on 30 Sep 2022.
Charges
A charge registered on 31 Oct 2012 via Charge ID 10388687 with Bank Of India was fully satisfied on 12 May 2023.
Ceased
Dinesh ceased to be Additional Director.
Appointed
Dinesh was appointed as Director.
Ceased
Nupur Handa ceased to be Director.
Charges
A charge registered on 25 Nov 2021 via Charge ID 100508273 with Others was fully satisfied on 23 Jun 2022.
Ceased
Mahesh Ganesh Gowande ceased to be Nominee Director.
Charges
A charge registered on 08 Jul 2014 via Charge ID 10507802 with Kotak Mahindra Bank Limited was fully satisfied on 11 May 2022.
AGM
Sic Stocks And Services Private Limited last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 4.00 Cr with Charge ID 100508273 was registered on 25 Nov 2021.
Filing
Sic Stocks And Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Bangalore.
Ceased
Rajinder Handa ceased to be Director.
Charges
A charge with Others amounted to Rs. 0.13 Cr with Charge ID 100301472 was registered on 22 Aug 2019.
7 earlier events are in the company report.
Frequently asked questions
Sic Stocks and Services is an active private limited company based in Bangalore, Karnataka, India. The company works in brokerage and trading services, within the financial services industry. It was incorporated on 29 October 2001 (25+ years old) and is registered under CIN U67120KA2001PTC029701.
Sic Stocks and Services has 2 current directors:
- Dinesh - Director
- Sidhartha Handa - Director
The latest financial statements of Sic Stocks and Services on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
The GSTIN of Sic Stocks and Services is 29AAHCS8176P1Z9, registered in Karnataka. 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 Sic Stocks and Services is U67120KA2001PTC029701. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sic Stocks and Services has 29 court cases on record: 20 filed by the company and 9 filed against it. 8 are pending. Most are in the district courts.
Sic Stocks and Services was incorporated on 29 October 2001, making it 25+ years old. It is registered with the Registrar of Companies, Bangalore.
Dinesh ceased to be Additional Director on 30 Sep 2022. Dinesh was appointed as Director on 20 Sep 2022. Nupur Handa ceased to be Director on 20 Sep 2022. Sic Stocks and Services has 7 board changes on record in total.
Yes, Sic Stocks and Services is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0204313).
Sic Stocks and Services can be reached through the website sicstocks.com. Its registered office is in Bangalore, Karnataka, India.
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