Sincere Abasan Private Limited
About Sincere Abasan Private Limited
Data last updated:
Sincere Abasan Private Limited was a private limited company based in Kolkata, West Bengal, 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 fashion retail segment of the fashion and textiles sector. It was incorporated on 23 May 2008.
The company was registered with the Registrar of Companies (ROC), Kolkata, under CIN U70109WB2008PTC126014.
The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1.74 Lakh.
Its last annual general meeting (AGM) was held on 29 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at 52 Weston Street, Kolkata, West Bengal, India – 700012.
As per the financials filed for FY 2017, the company reported a revenue of ₹9.43 Lakh, a decline of 34% compared to the previous year. For the same year it recorded a net profit of ₹11,485 (net margin 1.2%) and EBITDA of ₹16,407 (EBITDA margin 1.7%).
Company details
Contact details
Sincere Abasan Private Limited's registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address52 Weston Street, Kolkata, West Bengal, India – 700012
- IndustryFashion and Textile, Fashion Retail
To see the full contact details of Sincere Abasan 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 Sincere Abasan is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Sincere Abasan Private Limited, buy the company report.
Financials of Sincere Abasan Private Limited
FY 2017 filings availableSincere Abasan Private Limited reported revenue of ₹9.43 Lakh (down 34% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue fell 34% in the latest year. EBITDA rose 123% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹9.43 Lakh | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹16,407 | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹11,485 | ||
| 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 1.7% | ||
| Net Profit Margin | 1.2% | ||
| 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 Sincere Abasan Private Limited, buy the company report.
Board of directors of Sincere Abasan Private Limited
Sincere Abasan has 5 former directors on record and no current directors listed.
Auditor
Sincere Abasan Private Limited is audited by MAHESWARI K R & CO. for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MAHESWARI K R & CO. | FY 2017 | 323732E |
Shareholding
The shareholding of Sincere Abasan Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Sincere Abasan Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Sincere Abasan Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Sincere Abasan Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Sincere Abasan Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Sincere Abasan Private Limited has 5 board changes on record since 2009: 0 appointments and 5 cessations. The latest: Bhavika Agarwal ceased to be Director on 28 Nov 2017.
Frequently asked questions
Sincere Abasan 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.
Sincere Abasan was a private limited company based in Kolkata, West Bengal, India. The company worked in fashion retail, within the fashion and textile industry. It was incorporated on 23 May 2008 and is registered under CIN U70109WB2008PTC126014. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Sincere Abasan is U70109WB2008PTC126014. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sincere Abasan was incorporated on 23 May 2008. It is registered with the Registrar of Companies, Kolkata.
The registered office of Sincere Abasan is at 52 Weston Street, Kolkata, West Bengal, India – 700012.
The latest financial statements of Sincere Abasan on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 29 September 2017. Year-wise statements from 2015 are in the company report.
Sincere Abasan operated in the fashion and textile industry, in the fashion retail segment.
Bhavika Agarwal ceased to be Director on 28 Nov 2017. Biswanath Basak ceased to be Director on 04 Sep 2017. Rupa Agarwal ceased to be Director on 07 Mar 2016. Sincere Abasan has 5 board changes on record in total.
Sincere Abasan can be reached at its registered office: 52 Weston Street, Kolkata, West Bengal, India – 700012.
Sincere Abasan is registered under the jurisdiction of the Registrar of Companies (ROC), Kolkata.