Sky Appliances Limited
About Sky Appliances Limited
Data last updated:
Sky Appliances Limited is a public limited company based in Mumbai, Maharashtra, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 29 June 2004.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U11204MH2004PLC147217. Its GSTIN is 07AAICS8688M1ZB (Delhi). The company holds 10 GST registrations, of which 6 are active.
The company has an authorised share capital of ₹36 Cr and a paid-up capital of ₹31.57 Cr. It is led by directors including Yashwant Singh (Whole-Time Director) and Ravindrakumar Ved Prakash Mittal.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at 172 Floor 17th Plot – 224 B Wing Mittal Court Jamnalal Bajaj Marg Nariman Point, Mumbai, Maharashtra, India – 400021.
As per the financials filed for FY 2018, the company reported a revenue of ₹74.78 Cr, a decline of 88% compared to the previous year. For the same year it recorded a net loss of ₹271.75 Cr (net margin -363.4%) and EBITDA of -₹152.91 Cr (EBITDA margin -204.5%).
The company has about 6 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹25,571 Cr and satisfied charges of ₹5,150 Cr on record. Court records list 28 cases involving the company, including 1 filed by the company and 25 filed against it; 13 cases are pending. The company has 9 deals on record (7 secondary share transfers, 2 funding rounds), with disclosed funding of ₹330.37 Cr; the latest was in March 2016. Its 10 peer companies in the Consumer Durables industry (Electronic Appliances Manufacturing) are compared by revenue, 5 larger and 5 smaller; the largest is Fortunearrt Wires & Cables Private Limited with revenue of ₹75.27 Cr.
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- Registered Address172 Floor 17th Plot – 224 B Wing Mittal Court Jamnalal Bajaj Marg Nariman Point, Mumbai, Maharashtra, India – 400021
- IndustryConsumer Electronics & Durables, Electronics Manufacturing
- 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
- One PDF report, delivered after checkout
Business Activity of Sky Appliances Limited
The main business activity of Sky Appliances is manufacturing. In detail, this covers computer, electronic, communication and scientific measuring & control equipment.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C9 | Computer, electronic, Communication and scientific measuring & control equipment | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Sky Appliances Limited FY 2018 filings available
Sky Appliances Limited reported revenue of ₹74.78 Cr (down 88% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR) of Sky Appliances Limited
Revenue fell 88% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Sky Appliances Limited
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• |
| Total Revenue | ₹74.78 Cr | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• |
| EBITDA | -₹152.91 Cr | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹271.75 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 of Sky Appliances Limited
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -204.5% | •••• | •••• | •••• |
| Net Profit Margin | -363.4% | •••• | •••• | •••• |
| 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 Sky Appliances 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.
Peer Comparison of Sky Appliances Limited
Sky Appliances Limited is compared with the companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Manufacturing). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Fortunearrt Wires & Cables Private Limited | ₹75.27 Cr (FY 2025) | •••• | •••• | -6.0% | •••• | Hyderabad, Telangana, India |
| Kaynes International Design & Manufacturing Private Limited | ₹75.14 Cr (FY 2025) | •••• | •••• | 78.0% | •••• | Mysore, Karnataka, India |
| VL Appliance India Private Limited | ₹75.03 Cr (FY 2023) | •••• | •••• | -10.0% | •••• | Coimbatore, Tamil Nadu, India |
| Ravi Pankha (India) Private Limited | ₹74.94 Cr (FY 2025) | •••• | •••• | 20.0% | •••• | Varanasi, Uttar Pradesh, India |
| Theeta Electricals Private Limited | ₹74.92 Cr (FY 2024) | •••• | •••• | -21.0% | •••• | Delhi, India |
| Sky Appliances Limited this company | ₹74.78 Cr (FY 2018) | •••• | •••• | -88.0% | •••• | Mumbai, Maharashtra, India |
| Shresht Industries Private Limited | ₹74.37 Cr (FY 2018) | •••• | •••• | 23.0% | •••• | Hyderabad, Telangana, India |
| Swan Electric Engineering Company Private Limited | ₹74.25 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | Chennai, Tamil Nadu, India |
| Abby Lighting and Switchgear Limited | ₹74.08 Cr (FY 2024) | •••• | •••• | 43.0% | •••• | Mumbai, Maharashtra, India |
| Electra Accumulators Limited | ₹73.85 Cr (FY 2018) | •••• | •••• | 42.0% | •••• | Vapi, Gujarat, India |
| Sambe Electronics Private Limited | ₹73.82 Cr (FY 2025) | •••• | •••• | -3.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Sky Appliances by revenue in the Consumer Durables industry (Electronic Appliances Manufacturing), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Sky Appliances Limited
Sky Appliances Limited is audited by KADAM & CO for the financial year 2018.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| KADAM & 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 Sky Appliances Limited
Sky Appliances has 3 current directors and 18 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ravindrakumar Ved Prakash Mittal | Additional Director | 19 Mar 2021 | 5 Years 6 Months | As last reported |
| Yashwant Singh | Whole-Time Director | 19 Mar 2021 | 5 Years 6 Months | As last reported |
| Akshit Goswami | Additional Director | 19 Mar 2021 | 5 Years 6 Months | As last reported |
Ownership and Shareholding of Sky Appliances 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 Sky Appliances Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 14 May 2013 | Sbicap Trustee Company Limited | ₹20,195 Cr | Open |
| 06 Aug 2012 | Uco Bank | ₹300 Cr | Open |
| 30 Apr 2012 | Icici Bank Limited | ₹650 Cr | Open |
| 24 Apr 2012 | State Bank of India | ₹750 Cr | Open |
| 18 Feb 2012 | Idbi Bank Limited | ₹3,025 Cr | Open |
Total charge records: 18 View all charges
Deals & Funding of Sky Appliances Limited
Sky Appliances Limited has 9 deals on record (7 secondary share transfers, 2 funding rounds), with disclosed funding of ₹330.37 Cr; the latest was in March 2016.
Deals on record (5 of 9)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2016 | Secondary share transfer | Undisclosed | Buyer: Kail Limited , Techno Electronics Private Limited, Evans Fraser and Co. (India) Limited Seller: Nippon Investment and Finance Company Private Limited , Greenfield Appliances Private Limited , Electroparts (India) Private Limited |
| Jun 2013 | Secondary share transfer | Undisclosed | Buyer: Tekcare India Private Limited Seller: Dome-Bell Electronics India Private Limited |
| Apr 2011 | Secondary share transfer | Undisclosed | Buyer: Electroparts (India) Private Limited , Greenfield Appliances Private Limited , Solitaire Appliances Private Limited Seller: Tekcare India Private Limited , Century Appliances Limited , Shree Dhoot Trading and Agencies Ltd |
| Mar 2011 | Secondary share transfer | Undisclosed | Buyer: Nippon Investment and Finance Company Private Limited Seller: Videocon Realty and Infrastructures Limited |
| Jan 2011 | Secondary share transfer | Undisclosed | Buyer: Electroparts (India) Private Limited Seller: Century Appliances Limited |
Full deal history
All 9 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Sky Appliances Limited
Sky Appliances Limited has 28 court cases on record: 1 filed by Sky Appliances, 25 filed against it, 2 where it is another party. 13 cases are pending and 15 are disposed. Status as checked between 21 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLAT | 21 | 21 | 12 |
| High courts | 4 | 2 | 0 |
| District courts | 3 | 2 | 1 |
Cases on record (5 of 28)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, New Delhi | Interim or miscellaneous application | Filed against the company by Gail (India) Limited | Pending |
| NCLAT, New Delhi | Interim or miscellaneous application | Filed against the company by Gail (India) Limited | Disposed |
| NCLAT, New Delhi | Insolvency matter | Filed against the company by Gail (India) Limited | Disposed |
| NCLAT, New Delhi | Insolvency matter | Filed against the company by Ifci Limited | Disposed |
| NCLAT, New Delhi | Insolvency matter | Filed against the company by The Bank of Maharashtra Limited | Disposed |
Full case history
All 28 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Sky Appliances Limited
Sky Appliances Limited has a workforce of 6 employees as of Mar 31, 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.
CIN History of Sky Appliances Limited
Sky Appliances has one previous CIN (Corporate Identification Number): U29300MH2004PLC147217. The current CIN is U11204MH2004PLC147217, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U11204MH2004PLC147217 | Current |
| U29300MH2004PLC147217 | Previous |
Recent Activity on Sky Appliances Limited
Sky Appliances Limited has 18 board changes on record since 2008: 3 appointments and 15 cessations. The latest: Ravindrakumar Ved Prakash Mittal ceased to be Additional Director on 03 Aug 2021.
40 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Sky Appliances 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 Sky Appliances 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 Sky Appliances 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 Sky Appliances Limited
Sky Appliances has 10 GST registrations: 6 active and 4 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAICS8688M1ZB | Delhi | Active | 01 Jul 2017 |
| 08AAICS8688M1Z9 | Rajasthan | Active | 01 Jul 2017 |
| 21AAICS8688M1ZL | Odisha | Active | 01 Jul 2017 |
| 22AAICS8688M1ZJ | Chhattisgarh | 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 Sky Appliances 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 Sky Appliances Limited
Sky Appliances is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Sky Appliances is a company under insolvency, formerly operating as a public limited company based in Mumbai, Maharashtra, India. The company works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 29 June 2004 and is registered under CIN U11204MH2004PLC147217. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Sky Appliances reported revenue of ₹74.78 Cr for FY 2018 (down 88% YoY).
Sky Appliances has 3 current directors:
- Yashwant Singh - Whole-Time Director
- Ravindrakumar Ved Prakash Mittal - Additional Director
- Akshit Goswami - Additional Director
Sky Appliances reported a net loss of ₹271.75 Cr (net margin -363.4%) and EBITDA of -₹152.91 Cr (EBITDA margin -204.5%) for FY 2018, as per its filed financial statements.
The CIN (Corporate Identification Number) of Sky Appliances is U11204MH2004PLC147217. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sky Appliances has open charges of ₹25,571 Cr and satisfied charges of ₹5,150 Cr as per latest MCA filings.
Sky Appliances has 28 court cases on record: 1 filed by the company and 25 filed against it. 13 are pending. Most are in the nclat.
Sky Appliances was incorporated on 29 June 2004. It is registered with the Registrar of Companies, Mumbai.
Sky Appliances has 9 deals on record (7 secondary share transfers, 2 funding rounds), with disclosed funding of ₹330.37 Cr; the latest was in March 2016.
The peers of Sky Appliances by revenue are Fortunearrt Wires & Cables Private Limited, Kaynes International Design & Manufacturing Private Limited, VL Appliance India Private Limited, Ravi Pankha (India) Private Limited, Theeta Electricals Private Limited and 5 more, all in the Consumer Durables industry (Electronic Appliances Manufacturing).