Sirius Gears Private Limited
About Sirius Gears Private Limited
Data last updated:
Sirius Gears Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the electronic components and equipment manufacturing segment of the technology and IT services sector. It was incorporated on 11 April 1973.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U29241MH1973PTC016472. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹2 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Karl Dinshaw Divecha and Rushad Dinshaw Divecha.
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 was at 402 Bharat Inddl.Estatetakersey Jivraj Road Sewree (W), Mumbai, Maharashtra, India.
As per the financials filed for FY 2021, the company reported a revenue of ₹27,201, a decline of 85% compared to the previous year. For the same year it recorded a net loss of ₹42,361 (net margin -155.7%) and EBITDA of -₹41,799 (EBITDA margin -153.7%). Revenue has declined at a compounded annual rate (CAGR) of 86% over three years and 72% over five years.
The company was associated with 1 brand: Eros Elevators. As per MCA filings, the company had open charges of ₹15 Lakh on record. Court records list 3 cases involving the company, including 2 filed by the company and 1 filed against it.
Company details
Contact details
Sirius Gears Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address402 Bharat Inddl.Estatetakersey Jivraj Road Sewree (W), Mumbai, Maharashtra, India
- IndustryInformation Technology, Electronic Components & Equipment Manufacturing
To see the full contact details of Sirius Gears 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
Brands
Sirius Gears operates one associated brand: Eros Elevators. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures and provides services for elevators, home lifts, and automated car parking systems. | eroselevators.com |
Financials of Sirius Gears Private Limited
FY 2021 filings availableSirius Gears Private Limited reported revenue of ₹27,201 (down 85% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 72% over five years, including a 85% fall in the latest year. EBITDA fell 192% 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 |
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| EBITDA | -₹41,799 | ||||
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| Net Profit (PAT) | -₹42,361 | ||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| Profitability | |||||
| EBITDA Margin | -153.7% | ||||
| Net Profit Margin | -155.7% | ||||
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To see the full financial statements and ratios of Sirius Gears Private Limited, buy the company report.
Board of directors of Sirius Gears Private Limited
Sirius Gears has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Karl Dinshaw Divecha | Director | 23 Dec 1991 | 34 Years 10 Months | As last reported |
| Rushad Dinshaw Divecha | Director | 23 Dec 1991 | 34 Years 10 Months | As last reported |
Auditor
Sirius Gears Private Limited is audited by U C SHAH & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| U C SHAH & CO | FY 2019 | 109807W |
Shareholding
The shareholding of Sirius Gears Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Sirius Gears Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Nov 2004 | 80004282 | Bank of Baroda | ₹15 Lakh | Open |
To see the full charge records of Sirius Gears Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Sirius Gears Private Limited has 3 court cases on record: 2 filed by Sirius Gears, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 2 | 0 | 0 |
| District courts | 1 | 1 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Mumbai | Court case (C.P.(CAA)) | Filed by the company | Disposed |
| NCLT, Mumbai | Court case (C.A.(CAA)) | Filed by the company | Disposed |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Appln.PGA) | Filed against the company by an individual | Disposed |
To see the full case history of Sirius Gears 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 Sirius Gears Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Sirius Gears 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 Sirius Gears Private Limited, buy the company report.
Recent activity
Sirius Gears Private Limited has 2 board changes on record since 1991: 2 appointments. The latest: Karl Dinshaw Divecha was appointed as Director on 23 Dec 1991.
Frequently asked questions
Sirius Gears has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Sirius Gears was a private limited company based in Mumbai, Maharashtra, India. The company worked in electronic components and equipment manufacturing, within the information technology industry. It was incorporated on 11 April 1973 and is registered under CIN U29241MH1973PTC016472. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Sirius Gears was incorporated on 11 April 1973. It is registered with the Registrar of Companies, Mumbai.
Sirius Gears had 2 directors:
- Karl Dinshaw Divecha - Director
- Rushad Dinshaw Divecha - Director
The CIN (Corporate Identification Number) of Sirius Gears is U29241MH1973PTC016472. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Sirius Gears is at 402 Bharat Inddl.Estatetakersey Jivraj Road Sewree W, Mumbai, Maharashtra, India.
The latest financial statements of Sirius Gears 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.
No. Sirius Gears has 1 GST registration on record and it is cancelled or inactive.
Sirius Gears operated in the information technology industry, in the electronic components and equipment manufacturing segment.
Sirius Gears has 3 court cases on record: 2 filed by the company and 1 filed against it. Most are in the nclt.