Simurg Appliances Private Limited
About Simurg Appliances Private Limited
Data last updated:
Simurg Appliances Private Limited was a private limited company based in Ahmedabad, Gujarat, 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 office and school supplies segment of the education sector. It was incorporated on 18 August 1989.
The company was registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U29309GJ1989PTC012645. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Supriya Gaurav Shah (Whole-Time Director) and Shyam Gaurav Shah.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at B – 5 A/6 Shri Krishna Centrenr Mithakhali Six Roads Navrangpura, Ahmedabad, Gujarat, India – 380009.
As per the financials filed for FY 2023, the company reported a revenue of ₹1.51 Cr, a decline of 85% compared to the previous year. For the same year it recorded a net profit of ₹99.03 Lakh (net margin 65.4%) and EBITDA of ₹1.45 Cr (EBITDA margin 95.4%). Revenue has declined at a compounded annual rate (CAGR) of 49% over three years and 35% over five years.
The company has about 28 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹2.5 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.
Company details
Contact details
Simurg Appliances Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressB – 5 A/6 Shri Krishna Centrenr Mithakhali Six Roads Navrangpura, Ahmedabad, Gujarat, India – 380009
- IndustryEducation, Office & School Supplies
To see the full contact details of Simurg Appliances 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
Financials of Simurg Appliances Private Limited
FY 2023 filings availableSimurg Appliances Private Limited reported revenue of ₹1.51 Cr (down 85% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 35% over five years, including a 85% fall in the latest year. EBITDA fell 15% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Total Expenses | |||||
| EBITDA | ₹1.45 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹99.03 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 95.4% | ||||
| Net Profit Margin | 65.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Simurg Appliances Private Limited, buy the company report.
Board of directors of Simurg Appliances Private Limited
Simurg Appliances has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shyam Gaurav Shah Also directs: Simurg Appliances LLP | Director | 14 Dec 2023 | 2 Years 10 Months | As last reported |
| Supriya Gaurav Shah Also directs: Simurg Appliances LLP, Unicorn Retail Private Limited | Whole-Time Director | 18 Aug 1989 | 37 Years 2 Months | As last reported |
Peer comparison
Simurg Appliances Private Limited is compared with the 4 companies closest to it by revenue in the Education industry (Office and School Supplies), with the same principal business activity (retail trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shaurya Management and Publishing Private Limited | ₹1.52 Cr (FY 2024) | -12.0% | Surat, Gujarat, India | |||
| Apple Publishing International Private Limited | ₹1.52 Cr (FY 2024) | 4.0% | Chennai, Tamil Nadu, India | |||
| Simurg Appliances Private Limitedthis company | ₹1.51 Cr (FY 2023) | ₹99.03 Lakh | 65.4% | -85.0% | 28 | Ahmedabad, Gujarat, India |
| In-Tech Industries Limited | ₹1.5 Cr (FY 2024) | -10.0% | Hyderabad, Telangana, India | |||
| Sankars the Book People Private Limited | ₹1.45 Cr (FY 2021) | 246.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Simurg Appliances Private Limited, buy the company report.
Auditor
Simurg Appliances Private Limited is audited by K. PRAVINCHANDRA & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K. PRAVINCHANDRA & ASSOCIATES | FY 2022 | 116285W |
Shareholding
The shareholding of Simurg Appliances Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Simurg Appliances Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Aug 2006 | 10017841 | Textile Traders Co.Op. Bank Limited | ₹10 Lakh | Satisfied | |
| 21 Jul 2006 | 10017839 | Textile Traders Co.Op. Bank Limited | ₹75 Lakh | Satisfied | |
| 12 May 2003 | 90107969 | The Textile Traders Co-Op Bank Ltd | ₹10 Lakh | Satisfied | |
| 06 Nov 1995 | 80012817 | Textile Traders Co Op Bank Ltd | ₹50 Lakh | Satisfied | |
| 06 Nov 1995 | 80012816 | Textile Traders Co Op Bank Ltd | ₹50 Lakh | Satisfied |
To see the full charge records of Simurg Appliances Private Limited, buy the company report.
Total charge records: 7 View all charges
Legal cases
Simurg Appliances Private Limited has 1 court case on record: 1 filed by Simurg Appliances. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Special civil application | Filed by the company against Ahmedabad Municipal Corporation Notice Through and 1 other | Disposed |
To see the full case history of Simurg Appliances 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 Simurg Appliances Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Simurg Appliances Private Limited has a workforce of 28 employees on its EPFO records as of Mar 2022, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2021-22 | 28 |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Simurg Appliances Private Limited, buy the company report.
GST
Simurg Appliances has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Simurg Appliances Private Limited, buy the company report.
Recent activity
Simurg Appliances Private Limited has 5 board changes on record since 1989: 2 appointments and 3 cessations. The latest: Rajiv Ramanlal Kapadia ceased to be Whole-Time Director on 15 Dec 2023.
14 earlier events are in the company report.
Frequently asked questions
Simurg Appliances 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.
Simurg Appliances was a private limited company based in Ahmedabad, Gujarat, India. The company worked in office and school supplies, within the education industry. It was incorporated on 18 August 1989 and is registered under CIN U29309GJ1989PTC012645. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Simurg Appliances is U29309GJ1989PTC012645. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Simurg Appliances had 2 directors:
- Supriya Gaurav Shah - Whole-Time Director
- Shyam Gaurav Shah - Director
Simurg Appliances was incorporated on 18 August 1989. It is registered with the Registrar of Companies, Ahmedabad.
The registered office of Simurg Appliances is at B – 5 A6 Shri Krishna Centrenr Mithakhali Six Roads Navrangpura, Ahmedabad, Gujarat, India – 380009.
The latest financial statements of Simurg Appliances on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
No. Simurg Appliances has 1 GST registration on record and it is cancelled or inactive.
Simurg Appliances operated in the education industry, in the office and school supplies segment.
The peers of Simurg Appliances by revenue are Shaurya Management and Publishing Private Limited, Apple Publishing International Private Limited, In-Tech Industries Limited, Sankars the Book People Private Limited, all in the Education industry (Office and School Supplies), with the same principal business activity (retail trading).
Simurg Appliances has 1 court case on record: 1 filed by the company.
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