About SNV Distributors Private Limited
Data last updated:
SNV Distributors Private Limited was a private limited company based in Surat, Gujarat, 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 electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 03 July 2013.
The company was registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U51909GJ2013PTC075882. Its GSTIN is 24AATCS3086Q1ZE (Gujarat).
The company had an authorised share capital of ₹3 Cr and a paid-up capital of ₹2.75 Cr. It was led by directors Sanjeev Harbanslal Bhatia and Nikhil Harbanslal Bhatia.
Its last annual general meeting (AGM) was held on 30 June 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at Surat, Gujarat.
As per the financials filed for FY 2023, the company reported a revenue of ₹38,666, a decline of 73% compared to the previous year. For the same year it recorded a net loss of ₹3.5 Lakh and EBITDA of -₹88,680 (EBITDA margin -229.3%). Revenue has declined at a compounded annual rate (CAGR) of 94% over three years and 74% over five years.
The company is associated with 1 brand: Bhatia Mobile. As per MCA filings, the company has satisfied charges of ₹10 Cr on record.
The last known website on record is bhatiamobile.com.
Company details
Contact details
SNV Distributors Private Limited's registered office is in Surat, Gujarat. Its website is bhatiamobile.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressShop No. 311 First Floor Pl 122 Udhna Station Shop, Co Op Soc Bhatia Comp Bamroli Rd, Surat, Gujarat, India – 394210
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
To see the full contact details of SNV Distributors 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
SNV Distributors operates one associated brand: Bhatia Mobile. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Retail consulting solutions provider | bhatiamobile.com |
Business activity
The main business activity of SNV Distributors 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 SNV Distributors Private Limited, buy the company report.
Financials of SNV Distributors Private Limited
FY 2023 filings availableSNV Distributors Private Limited reported revenue of ₹38,666 (down 73% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 74% over five years, including a 73% fall in the latest year. EBITDA fell 103% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹38,666 | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹88,680 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹3.5 Lakh | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -229.3% | ||||
| Net Profit Margin | |||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
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| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of SNV Distributors Private Limited, buy the company report.
Board of directors of SNV Distributors Private Limited
SNV Distributors has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjeev Harbanslal Bhatia Also directs: HSL Corporation LLP, SNV Distributors LLP, Bhatia Communications & Retail (India) Limited and 1 more | Director | 03 Jul 2013 | 13 Years 3 Months | As last reported |
| Nikhil Harbanslal Bhatia | Director | 03 Jul 2013 | 13 Years 3 Months | As last reported |
Auditor
SNV Distributors Private Limited is audited by R KEJRIWAL & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R KEJRIWAL & CO | FY 2023 | 133558W |
Shareholding
The shareholding of SNV Distributors 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 SNV Distributors Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Nov 2013 | 10464110 | The Cosmos Co-Operative Bank Ltd. | ₹10 Cr | Satisfied |
To see the full charge records of SNV Distributors Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving SNV Distributors 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 SNV Distributors Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
SNV Distributors Private Limited has 1 active EPFO establishment as of Apr 09, 2024.
GST
SNV Distributors has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AATCS3086Q1ZE | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of SNV Distributors Private Limited, buy the company report.
Recent activity
SNV Distributors Private Limited has 5 board changes on record since 2013: 2 appointments and 3 cessations. The latest: Harbanslal Brijlal Bhatia ceased to be Director on 20 Nov 2018.
News
Frequently asked questions
SNV Distributors 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.
SNV Distributors was a private limited company based in Surat, Gujarat, India. The company worked in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 03 July 2013 and is registered under CIN U51909GJ2013PTC075882. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of SNV Distributors is U51909GJ2013PTC075882. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
SNV Distributors had 2 directors:
- Sanjeev Harbanslal Bhatia - Director
- Nikhil Harbanslal Bhatia - Director
SNV Distributors was incorporated on 03 July 2013. It is registered with the Registrar of Companies, Ahmedabad.
SNV Distributors can be reached through the website bhatiamobile.com. Its registered office is in Surat, Gujarat, India.
The registered office of SNV Distributors is at Shop No. 311 First Floor Pl 122 Udhna Station Shop, Co Op Soc Bhatia Comp Bamroli Rd, Surat, Gujarat, India – 394210.
The latest financial statements of SNV Distributors on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 June 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of SNV Distributors is 24AATCS3086Q1ZE, registered in Gujarat.
SNV Distributors operated in the consumer electronics and durables industry, in the electronic appliances retail and distribution segment.