Simandhar Technologies Private Limited
About Simandhar Technologies Private Limited
Data last updated:
Simandhar Technologies Private Limited is a private limited company based in Mumbai-80, Maharashtra, India. It operates in the IT products retail and distribution segment of the technology and IT services sector. It was incorporated on 02 May 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U30007MH2006PTC161552. Its GSTIN is 27AAJCS8707J1ZU (Maharashtra).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹25 Lakh. It is led by directors including Shefali Ketan Gala and Jatin Harakhchand Gala.
Its last annual general meeting (AGM) was held on 27 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at 16 Padam Bhuvan J N Road Mulund West Mumbai – 80, Maharashtra, India.
As per the financials filed for FY 2023, the company reported a revenue of ₹14,146, a decline of 59% compared to the previous year. For the same year it recorded a net loss of ₹1.61 Lakh and EBITDA of -₹1.58 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 80% over three years and 65% over five years.
As per MCA filings, the company has open charges of ₹3.2 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address16 Padam Bhuvan J N Road Mulund West Mumbai – 80, Maharashtra, India
- IndustryInformation Technology, IT Products Retail & Distribution
- 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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Financials of Simandhar Technologies Private Limited FY 2023 filings available
Simandhar Technologies Private Limited reported revenue of ₹14,146 (down 59% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Simandhar Technologies Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 65% over five years, including a 59% fall in the latest year. EBITDA rose 78% 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 Simandhar Technologies Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| 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 | -₹1.58 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹1.61 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 Simandhar Technologies Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Profitability | |||||
| EBITDA Margin | •••• | •••• | •••• | •••• | •••• |
| Net Profit Margin | •••• | •••• | •••• | •••• | •••• |
| 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 Simandhar Technologies are in the company report.
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.
Auditor Details of Simandhar Technologies Private Limited
Simandhar Technologies Private Limited is audited by PRATAP B SHETH & CO for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| PRATAP B SHETH & CO | 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.
Board of Directors of Simandhar Technologies Private Limited
Simandhar Technologies has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shefali Ketan Gala Also directs: Clevermart Private Limited | Director | 25 Jan 2007 | 19 Years 8 Months | Current |
| Jatin Harakhchand Gala | Director | 02 May 2006 | 20 Years 5 Months | Current |
| Shilpa Jatin Gala | Director | 25 Jan 2007 | 19 Years 8 Months | Current |
| Ketan Harakhchand Gala | Director | 02 May 2006 | 20 Years 5 Months | Current |
Ownership and Shareholding of Simandhar Technologies Private Limited
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 Simandhar Technologies Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 18 Mar 2010 | State Bank of India | ₹2.2 Cr | Open |
| 16 Feb 2009 | Nkgsb Co-Operative Bank Limited | ₹1 Cr | Open |
Total charge records: 2 View all charges
Employees and EPFO Compliance at Simandhar Technologies Private Limited
Simandhar Technologies Private Limited has a workforce of 0 employees as of Mar 19, 2024.
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 Simandhar Technologies Private Limited
Simandhar Technologies Private Limited has 8 board changes on record since 2006: 4 appointments and 4 cessations. The latest: Anil Shantilal Chheda ceased to be Director on 15 Sep 2009.
1 earlier event is listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Simandhar Technologies Private Limited
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 Simandhar Technologies Private Limited
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 Simandhar Technologies Private Limited
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 Simandhar Technologies Private Limited
Simandhar Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAJCS8707J1ZU | Maharashtra | Active | 01 Jul 2017 |
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 Simandhar Technologies Private Limited
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 Simandhar Technologies Private Limited
Simandhar Technologies is an active private limited company based in Mumbai-80, Maharashtra, India. The company works in IT products retail and distribution, within the information technology industry. It was incorporated on 02 May 2006 (20+ years old) and is registered under CIN U30007MH2006PTC161552.
Simandhar Technologies reported revenue of ₹14,146 for FY 2023 (down 59% YoY).
Simandhar Technologies has 4 current directors:
- Shefali Ketan Gala - Director
- Jatin Harakhchand Gala - Director
- Shilpa Jatin Gala - Director
- Ketan Harakhchand Gala - Director
Simandhar Technologies reported a net loss of ₹1.61 Lakh and EBITDA of -₹1.58 Lakh for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Simandhar Technologies is -80% over three years and -65% over five years. In the latest year (FY 2023) revenue fell 59%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Simandhar Technologies is 27AAJCS8707J1ZU, registered in Maharashtra.
The CIN (Corporate Identification Number) of Simandhar Technologies is U30007MH2006PTC161552. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Simandhar Technologies was incorporated on 02 May 2006, making it 20+ years old. It is registered with the Registrar of Companies, Mumbai.
Anil Shantilal Chheda ceased to be Director on 15 Sep 2009. Kinjal Sharad Chheda ceased to be Director on 15 Sep 2009. Neelam Sharad Chheda ceased to be Director on 15 Sep 2009. Simandhar Technologies has 8 board changes on record in total.
The registered office of Simandhar Technologies is at 16 Padam Bhuvan J N Road Mulund West Mumbai – 80, Maharashtra, India.