About Sikova Embroideries Private Limited
Data last updated:
Sikova Embroideries Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 20 June 2000.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U45100MH2000PTC127274. Its GSTIN is 27AAECS7058K1ZV (Maharashtra).
The company had an authorised share capital of ₹5 Cr and a paid-up capital of ₹5 Cr. It was formerly known as Sikova Embroideries Limited. It was led by directors including Nimish Chandrakant Sanghavi (Managing Director) and Chandrakant Himatlal Sanghavi.
Its last annual general meeting (AGM) was held on 30 May 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office was at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹80.92 Lakh, a decline of 97% compared to the previous year. For the same year it recorded a net loss of ₹3.04 Cr (net margin -375.1%) and EBITDA of -₹84.25 Lakh (EBITDA margin -104.1%). Revenue has grown at a compounded annual rate (CAGR) of 71% over three years and 125% over five years.
The company has about 62 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹91.73 Cr on record. Court records list 8 cases involving the company, including 2 filed by the company and 6 filed against it; 1 case is pending.
The last known website on record is sikovaembroideries.com.
Company details
CIN history
Sikova Embroideries has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U45100MH2000PTC127274, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U45100MH2000PTC127274 | Current |
| U17290MH2000PTC127274 | Previous |
| U17290MH2000PLC127274 | Previous |
Contact details
Sikova Embroideries Private Limited's registered office is in Mumbai, Maharashtra. Its website is sikovaembroideries.com. Its e-mail address is in the company report.
- Email
- Website
- Registered Address1601 Next Avenue 29th Road Bandra West, Off Watrfiled Road, Mumbai, Maharashtra, India – 400050
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Sikova Embroideries 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 Sikova Embroideries is construction. In detail, this covers buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings |
To see the full business activity and turnover split of Sikova Embroideries Private Limited, buy the company report.
Financials of Sikova Embroideries Private Limited
FY 2025 filings availableSikova Embroideries Private Limited reported revenue of ₹80.92 Lakh (down 97% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 97% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 125%. EBITDA fell 112% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | -₹84.25 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹3.04 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -104.1% | ||||
| Net Profit Margin | -375.1% | ||||
| 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 Sikova Embroideries Private Limited, buy the company report.
Board of directors of Sikova Embroideries Private Limited
Sikova Embroideries has 3 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chandrakant Himatlal Sanghavi Also directs: Sikova Embroideries LLP | Director | 20 Jun 2000 | 26 Years 4 Months | As last reported |
| Pushpa Chandrakant Sanghavi Also directs: Sikova Embroideries LLP | Director | 20 Jun 2000 | 26 Years 4 Months | As last reported |
| Nimish Chandrakant Sanghavi | Managing Director | 20 Jun 2000 | 26 Years 4 Months | As last reported |
Auditor
Sikova Embroideries Private Limited is audited by TUSHAR PARIKH & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| TUSHAR PARIKH & CO | FY 2022 | 111100W |
Shareholding
The shareholding of Sikova Embroideries Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Sikova Embroideries Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 May 2021 | 100452583 | Others | ₹65 Cr | Satisfied | |
| 14 Sep 2007 | 10069655 | Bank of India | ₹5.28 Lakh | Satisfied | |
| 13 Feb 2007 | 10039015 | Bank of India | ₹15.84 Lakh | Satisfied | |
| 24 Mar 2006 | 80032013 | Bank of India | ₹2 Cr | Satisfied | |
| 08 Jul 2005 | 80005091 | Bank of India | ₹6.92 Cr | Satisfied |
To see the full charge records of Sikova Embroideries Private Limited, buy the company report.
Total charge records: 8 View all charges
Legal cases
Sikova Embroideries Private Limited has 8 court cases on record: 2 filed by Sikova Embroideries, 6 filed against it. 1 case is pending and 7 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 5 | 0 |
| High courts | 3 | 1 | 1 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Interim or miscellaneous application | Filed by the company against U.A. Hankies Pvt. Ltd. | Disposed |
| Bombay High Court | Writ petition | Filed against the company | Pending |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Revn. Appln. ULP) | Filed against the company by an individual | Disposed |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Revn. Appln. ULP) | Filed against the company by an individual | Disposed |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Revn. Appln. ULP) | Filed against the company by an individual | Disposed |
To see the full case history of Sikova Embroideries 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 Sikova Embroideries Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Sikova Embroideries Private Limited has a workforce of 62 employees on its EPFO records as of Apr 02, 2024, across 1 active EPFO establishment.
GST
Sikova Embroideries has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECS7058K1ZV | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Sikova Embroideries Private Limited, buy the company report.
Recent activity
Sikova Embroideries Private Limited has 11 board changes on record since 2000: 3 appointments and 8 cessations. The latest: Sumit Kumar Surana ceased to be Company Secretary on 23 Jul 2019.
22 earlier events are in the company report.
Frequently asked questions
Sikova Embroideries has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Sikova Embroideries was a private limited company based in Mumbai, Maharashtra, India. The company worked in real estate builders and developers, within the real estate and construction industry. It was incorporated on 20 June 2000 and is registered under CIN U45100MH2000PTC127274. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Sikova Embroideries is U45100MH2000PTC127274. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sikova Embroideries had 3 directors:
- Nimish Chandrakant Sanghavi - Managing Director
- Chandrakant Himatlal Sanghavi - Director
- Pushpa Chandrakant Sanghavi - Director
Sikova Embroideries was incorporated on 20 June 2000. It is registered with the Registrar of Companies, Mumbai.
Sikova Embroideries can be reached through the website sikovaembroideries.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Sikova Embroideries is at 1601 Next Avenue 29th Road Bandra West, Off Watrfiled Road, Mumbai, Maharashtra, India – 400050.
The latest financial statements of Sikova Embroideries on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 May 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Sikova Embroideries is 27AAECS7058K1ZV, registered in Maharashtra.
Sikova Embroideries operated in the real estate and construction industry, in the real estate builders and developers segment.