Sneha Elastics Private Limited

Sneha Elastics Private Limited - packaging in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U17120KA2010PTC052331 Incorporated 01 February 2010 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company packaging MSME · Micro
Data last updated
Revenue · FY 2021
₹3.98 Cr
▲ 22% YoY
Net profit · FY 2021
₹5.49 Lakh
Net margin 1.4%
EBITDA · FY 2021
₹35.84 Lakh
EBITDA margin 9%
Authorised capital
₹30 Lakh
Registered with MCA
Paid-up capital
₹26.22 Lakh
Issued & subscribed
Open charges
₹3.14 Cr
Satisfied ₹3.66 Cr
Company age
16 yrs
Est. 2010
Employees · EPFO
20
Provident fund records

About Sneha Elastics Private Limited

Data last updated:

Sneha Elastics Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the woven packaging products segment of the packaging sector. It was incorporated on 01 February 2010 and has been in existence for over 16 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U17120KA2010PTC052331. Its GSTIN is 29AANCS7828J1ZI (Karnataka).

The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹26.22 Lakh. It is led by directors Ajay Chhajer (Managing Director) and Pratapsingh Chhajer.

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 is at Sy No. 176/2 And 176/3 Vill Kurubarahalli Hobli Thavarekere, Bangalore, Karnataka, India – 562130.

As per the financials filed for FY 2021, the company reported a revenue of ₹3.98 Cr, a growth of 22% compared to the previous year. For the same year it recorded a net profit of ₹5.49 Lakh (net margin 1.4%) and EBITDA of ₹35.84 Lakh (EBITDA margin 9%). Revenue has declined at a compounded annual rate (CAGR) of 5% over three years and 2% over five years.

The company has about 20 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Sneha Elastics. As per MCA filings, the company has open charges of ₹3.14 Cr and satisfied charges of ₹3.66 Cr on record.

Sneha Elastics Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-02-0003526). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website snehaelastics.com.

Company details

CIN U17120KA2010PTC052331
Registration Number 052331
Incorporation Date 01 February 2010
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 November 2021
Date of Balance Sheet 31 March 2021
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-KR-02-0003526
Key People
Ajay Chhajer Managing Director Pratapsingh Chhajer Director

Recognitions & Rankings of Sneha Elastics

MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-KR-02-0003526

Contact details

Sneha Elastics Private Limited's registered office is in Bangalore, Karnataka. Its website is snehaelastics.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    snehaelastics.com
  • Registered Address
    Sy No. 176/2 And 176/3 Vill Kurubarahalli Hobli Thavarekere, Bangalore, Karnataka, India – 562130
  • Industry
    Packaging, Woven Packaging Products, Packaging Films & Foils

To see the full contact details of Sneha Elastics Private Limited, buy the company report.

Comprehensive company report
Sneha Elastics Private Limited - one report that includes everything
  • 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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Brands

Sneha Elastics operates one associated brand: Sneha Elastics. Each brand links to its own profile.

BrandDescriptionWebsite
Sneha Elastics
Manufacturing of knitted and woven elastics with a focus on quality and timely delivery in India.snehaelastics.com

Business activity

The main business activity of Sneha Elastics is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC13Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities

To see the full business activity and turnover split of Sneha Elastics Private Limited, buy the company report.

Financials of Sneha Elastics Private Limited

FY 2021 filings available

Sneha Elastics Private Limited reported revenue of ₹3.98 Cr (up 22% YoY) for FY 2021.

Revenue · FY 2021
₹3.98 Cr ▲ 22%
Net profit · FY 2021
₹5.49 Lakh margin 1.4%
EBITDA · FY 2021
₹35.84 Lakh margin 9%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 22%
3 years · compounded
▼ 5%
5 years · compounded
▼ 2%
EBITDA CAGR growth
1 year
▲ 211%
3 years · compounded
▲ 8%
5 years · compounded
▼ 3%

Revenue rose 22% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 2%. EBITDA rose 211% 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

MetricsFY 2020-21FY 2019-20FY 2018-19FY 2017-18FY 2016-17
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹3.98 Cr
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹35.84 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹5.49 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

MetricsFY 2020-21FY 2019-20FY 2018-19FY 2017-18FY 2016-17
Profitability
EBITDA Margin9%
Net Profit Margin1.4%
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

To see the full financial statements and ratios of Sneha Elastics Private Limited, buy the company report.

Board of directors of Sneha Elastics Private Limited

Sneha Elastics has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Ajay Chhajer
Also directs: Sneh Packaging Private Limited
Managing Director21 Jan 201511 Years 9 MonthsCurrent
Pratapsingh ChhajerDirector01 Feb 201016 Years 9 MonthsCurrent
View all directors

Auditor

Sneha Elastics Private Limited is audited by BHANSALI AGARWAL & COMPANY for the financial year 2021.

Auditor firmFinancial yearFirm registration number
BHANSALI AGARWAL & COMPANYFY 2021324528E

Shareholding

The shareholding of Sneha Elastics Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2021FY 2020FY 2019FY 2018FY 2017
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Sneha Elastics Private Limited, buy the company report.

Charges & borrowings

Open charges
₹3.14 Cr
Satisfied charges
₹3.66 Cr
Breakdown by lending institutions
Others₹3.14 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
16 Oct 2024101013308Others₹7 LakhOpen
06 Nov 2020100399454Others₹32 LakhOpen
22 May 2017100100252Others₹2.75 CrOpen
16 May 201510571276Bank of Baroda₹3.14 CrSatisfied
15 Jun 201010225471Bank of Baroda₹52 LakhSatisfied

To see the full charge records of Sneha Elastics Private Limited, buy the company report.

Total charge records: 5 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Sneha Elastics Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Sneha Elastics Private Limited has a workforce of 20 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.

Employee count
20
Active EPFO establishments
1

GST

Sneha Elastics has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
29AANCS7828J1ZIKarnatakaActive01 Jul 2017

To see the full GST registrations and return filing status of Sneha Elastics Private Limited, buy the company report.

Recent activity

Sneha Elastics Private Limited has 5 board changes on record since 2010: 2 appointments and 3 cessations. The latest: Sanjay Chhajer ceased to be Director on 24 Jan 2015.

Charges
A charge with Others amounted to Rs. 7.00 Lakh with Charge ID 101013308 was registered on 16 Oct 2024.
AGM
Sneha Elastics Private Limited last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records.
Filing
Sneha Elastics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Bangalore.
Charges
A charge with Others amounted to Rs. 32.00 Lakh with Charge ID 100399454 was registered on 06 Nov 2020.
Charges
A charge registered on 16 May 2015 via Charge ID 10571276 with Bank Of Baroda was fully satisfied on 25 Oct 2017.
Charges
A charge registered on 15 Jun 2010 via Charge ID 10225471 with Bank Of Baroda was fully satisfied on 25 Oct 2017.
Charges
A charge with Others amounted to Rs. 275.00 Lakh with Charge ID 100100252 was registered on 22 May 2017.
Charges
A charge with Bank Of Baroda amounted to Rs. 314.00 Lakh with Charge ID 10571276 was registered on 16 May 2015.
Ceased
Sanjay Chhajer ceased to be Director.
Ceased
Trishla Chhajer ceased to be Director.
Appointed
Ajay Chhajer was appointed as Managing Director.
Ceased
Ajay Chhajer ceased to be Director.

4 earlier events are in the company report.

Frequently asked questions

Sneha Elastics is an active private limited company based in Bangalore, Karnataka, India. The company works in woven packaging products, within the packaging industry. It was incorporated on 01 February 2010 (16+ years old) and is registered under CIN U17120KA2010PTC052331.

Sneha Elastics has 2 current directors:

The latest financial statements of Sneha Elastics 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.

The GSTIN of Sneha Elastics is 29AANCS7828J1ZI, registered in Karnataka.

The CIN (Corporate Identification Number) of Sneha Elastics is U17120KA2010PTC052331. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Sneha Elastics was incorporated on 01 February 2010, making it 16+ years old. It is registered with the Registrar of Companies, Bangalore.

Sanjay Chhajer ceased to be Director on 24 Jan 2015. Trishla Chhajer ceased to be Director on 24 Jan 2015. Ajay Chhajer was appointed as Managing Director on 21 Jan 2015. Sneha Elastics has 5 board changes on record in total.

Yes, Sneha Elastics is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-02-0003526).

Sneha Elastics can be reached through the website snehaelastics.com. Its registered office is in Bangalore, Karnataka, India.

The registered office of Sneha Elastics is at Sy No. 1762 And 1763 Vill Kurubarahalli Hobli Thavarekere, Bangalore, Karnataka, India – 562130.