About Snipper Bags Private Limited
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Snipper Bags Private Limited is a private limited company based in Delhi, India. It operates in the accessories retail and distribution segment of the consumer goods sector. It was incorporated on 29 December 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U51909DL2017PTC327771. Its GSTIN is 07AAZCS6595A1ZP (Delhi).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Ram Shankar and Ravi Shankar.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at H No 84 Gali No 4 Kh No 897, Bhalaswa Colony Jahangir Puri, Delhi, India – 110033.
As per the financials filed for FY 2024, the company reported a revenue of ₹55.54 Cr. For the same year it recorded a net profit of ₹23.04 Lakh (net margin 0.4%) and EBITDA of ₹23.04 Lakh (EBITDA margin 0.4%). Revenue has grown at a compounded annual rate (CAGR) of 517% over three years and 172% over five years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vkfashions.com.
Company details
Contact details
Snipper Bags Private Limited's registered office is in Delhi, Delhi. Its website is vkfashions.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressH No 84 Gali No 4 Kh No 897, Bhalaswa Colony Jahangir Puri, Delhi, India – 110033
- IndustryConsumer Goods, Accessories Retail & Distribution
To see the full contact details of Snipper Bags 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 Snipper Bags 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 Snipper Bags Private Limited, buy the company report.
Financials of Snipper Bags Private Limited
FY 2024 filings availableSnipper Bags Private Limited reported revenue of ₹55.54 Cr for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 172% over five years. 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹23.04 Lakh | ||||
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| Net Profit (PAT) | ₹23.04 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 0.4% | ||||
| Net Profit Margin | 0.4% | ||||
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To see the full financial statements and ratios of Snipper Bags Private Limited, buy the company report.
Board of directors of Snipper Bags Private Limited
Snipper Bags has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ayush Singh Also directs: Shri Ganesh Nutritions Private Limited, Ipcosys Private Limited | Additional Director | 25 Aug 2023 | 3 Years 2 Months | Current |
| Mayank Khatpal Also directs: Shri Ganesh Nutritions Private Limited, Ipcosys Private Limited | Additional Director | 25 Aug 2023 | 3 Years 2 Months | Current |
| Ram Shankar | Director | 29 Dec 2017 | 8 Years 10 Months | Current |
| Ravi Shankar | Director | 29 Dec 2017 | 8 Years 10 Months | Current |
Peer comparison
Snipper Bags Private Limited is compared with the 6 companies closest to it by revenue in the Consumer Products industry (Accessories Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Progressive Lifestyles Private Limited | ₹57.53 Cr (FY 2025) | 109.0% | Panchkula, Haryana, India | |||
| Trucarekidz India Private Limited | ₹56.12 Cr (FY 2025) | 19.0% | Mumbai, Maharashtra, India | |||
| Snipper Bags Private Limitedthis company | ₹55.54 Cr (FY 2024) | ₹23.04 Lakh | 0.4% | Delhi, India | ||
| Bullstone Private Limited | ₹55.53 Cr (FY 2024) | -1.0% | Haryana, India | |||
| All Gift Studio Private Limited | ₹55.17 Cr (FY 2023) | 13.0% | Ahmedabad, Gujarat, India | |||
| Hourglass Essentials Private Limited | ₹53.09 Cr (FY 2024) | -43.0% | Bangalore, Karnataka, India | |||
| Bishnu Mama Fashions Private Limited | ₹52.77 Cr (FY 2025) | 31.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Snipper Bags Private Limited, buy the company report.
Auditor
Snipper Bags Private Limited is audited by R GOEL & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R GOEL & CO | FY 2023 | 029688N |
Shareholding
The shareholding of Snipper Bags Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Snipper Bags Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Snipper Bags 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 Snipper Bags Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Snipper Bags has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAZCS6595A1ZP | Delhi | Active | 08 Feb 2018 |
To see the full GST registrations and return filing status of Snipper Bags Private Limited, buy the company report.
Recent activity
Snipper Bags Private Limited has 4 board changes on record since 2017: 4 appointments. The latest: Ayush Singh was appointed as Additional Director on 25 Aug 2023.
Frequently asked questions
Snipper Bags is an active private limited company based in Delhi, India. The company works in accessories retail and distribution, within the consumer goods industry. It was incorporated on 29 December 2017 (9+ years old) and is registered under CIN U51909DL2017PTC327771.
Snipper Bags has 4 current directors:
- Ayush Singh - Additional Director
- Mayank Khatpal - Additional Director
- Ram Shankar - Director
- Ravi Shankar - Director
The latest financial statements of Snipper Bags on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Snipper Bags is 07AAZCS6595A1ZP, registered in Delhi.
The CIN (Corporate Identification Number) of Snipper Bags is U51909DL2017PTC327771. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Snipper Bags was incorporated on 29 December 2017, making it 9+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Snipper Bags by revenue are Progressive Lifestyles Private Limited, Trucarekidz India Private Limited, Bullstone Private Limited, All Gift Studio Private Limited, Hourglass Essentials Private Limited and 1 more, all in the Consumer Products industry (Accessories Retail and Distribution), with the same principal business activity (wholesale trading).
Ayush Singh was appointed as Additional Director on 25 Aug 2023. Mayank Khatpal was appointed as Additional Director on 25 Aug 2023. Ram Shankar was appointed as Director on 29 Dec 2017. Snipper Bags has 4 board changes on record in total.
Snipper Bags can be reached through the website vkfashions.com. Its registered office is in Delhi, India.
The registered office of Snipper Bags is at H No 84 Gali No 4 Kh No 897, Bhalaswa Colony Jahangir Puri, Delhi, India – 110033.
Snipper Bags operates in the consumer goods industry, in the accessories retail and distribution segment.
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