Sona Polyspin Private Limited
About Sona Polyspin Private Limited
Data last updated:
Sona Polyspin Private Limited is a private limited company based in Goregaon West, Maharashtra, India. It operates in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 05 April 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U17120MH2004PTC145514. Its GSTIN is 08AAICS1078H1Z6 (Rajasthan).
The company has an authorised share capital of ₹3.75 Cr and a paid-up capital of ₹70.35 Lakh. It is led by directors Harshil Nuwal and Subhash Chandra Nuwal.
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 Goregaon West, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.13 Cr, a decline of 69% compared to the previous year. For the same year it recorded a net profit of ₹15,117 (net margin 0.1%) and EBITDA of ₹6.4 Lakh (EBITDA margin 5.7%). Revenue has declined at a compounded annual rate (CAGR) of 56% over three years and 45% over five years.
The company is associated with 1 brand: Data Infosys. As per MCA filings, the company has satisfied charges of ₹5.56 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
- EmailLocked
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- WebsiteLocked
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- Registered Address21/157 Saidham Co Operative Housing Society Mg Road Motilal Nagar No. 3 Near Jain, Hospital, Goregaon West, Maharashtra, India – 400104
- IndustryHome & Lifestyle, Textile Retail & Distribution
- 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
Associated Brands with Sona Polyspin Private Limited
Sona Polyspin operates one associated brand: Data Infosys. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Delivers comprehensive services for two-wheeler dealerships. | datainfosys.net |
Competitors & Alternatives of Sona Polyspin Private Limited
Brands and companies operating in the same space as Sona Polyspin Private Limited include Popular Vehicles & Services, COYOTE, Pendragon and 7 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
 Popular Vehicles & Services | Car dealership group | Kochi, India | 1983 |
 COYOTE | Integrated solutions for fleet management and vehicle tracking | Suresnes, France | 2005 |
 Pendragon | Car dealership, repair, and leasing services are provided. | Nottingham, United Kingdom | 1989 |
 Jawa Motorcycles | Manufactures and markets retro-inspired motorcycles with modern features. | Pune, India | 1929 |
 Hira Automobiles | New and used cars are retailed in Patiala, India. | Patiala, India | 1989 |
 Concorde Motors India | Offers comprehensive dealership services for new and used automotive vehicles. | Bengaluru, India | 1972 |
 Corporate Warranties | Offers extended warranties for automobiles, electronics, and used vehicles. | Delhi, India | 1998 |
 Rajesh Motors | Offers comprehensive automotive dealership services for vehicle sales and support. | Jaipur, India | 1992 |
 Eram Motors | Authorized Mahindra dealer providing vehicle sales and services in Kerala. | Malappuram, India | 2010 |
 NCS KIA | Operates as a car dealership offering sales and related services. | Thiruvananthapuram, India | 2019 |
Business Activity of Sona Polyspin Private Limited
The main business activity of Sona Polyspin is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | 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.
Auditor Details of Sona Polyspin Private Limited
Sona Polyspin Private Limited is audited by Pokharna Somani & Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Pokharna Somani & Associates | 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 Sona Polyspin Private Limited
Sona Polyspin has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Harshil Nuwal Also directs: Sona Processors (India) Limited, Sonaselection India Limited, Sona Styles Limited and 5 more | Director | 18 Jul 2011 | 15 Years 2 Months | Current |
| Subhash Chandra Nuwal Also directs: Sona Processors (India) Limited, Sonaselection India Limited, Sona Styles Limited and 3 more | Director | 05 Apr 2004 | 22 Years 6 Months | Current |
Financials of Sona Polyspin Private Limited FY 2024 filings available
Sona Polyspin Private Limited reported revenue of ₹1.13 Cr (down 69% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Sona Polyspin Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 45% over five years, including a 69% fall in the latest year. EBITDA rose 135% 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 of Sona Polyspin Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹6.4 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹15,117 | •••• | •••• | •••• | •••• |
| 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 Sona Polyspin Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.1% | •••• | •••• | •••• | •••• |
| 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 Sona Polyspin 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.
Ownership and Shareholding of Sona Polyspin Private 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 Sona Polyspin Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 11 Jun 2020 | Others | ₹55.5 Lakh | Satisfied |
| 12 Jan 2013 | Others | ₹5 Cr | Satisfied |
Total charge records: 2 View all charges
Employees and EPFO Compliance at Sona Polyspin Private Limited
Employment history and EPFO contributions of people linked to Sona Polyspin.
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.
GST Compliance of Sona Polyspin Private Limited
Sona Polyspin has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AAICS1078H1Z6 | Rajasthan | Active | 12 Sep 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.
Credit Ratings, Litigation & Regulatory Alerts for Sona Polyspin Private 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 Sona Polyspin Private 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 Sona Polyspin Private 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.
MCA Filings & Documents of Sona Polyspin Private 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.
Recent Activity on Sona Polyspin Private Limited
Frequently Asked Questions about Sona Polyspin Private Limited
Sona Polyspin is an active private limited company based in Goregaon West, Maharashtra, India. The company works in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 05 April 2004 (22+ years old) and is registered under CIN U17120MH2004PTC145514.
Sona Polyspin reported revenue of ₹1.13 Cr for FY 2024 (down 69% YoY).
Sona Polyspin has 2 current directors:
- Harshil Nuwal - Director
- Subhash Chandra Nuwal - Director
Sona Polyspin reported a net profit of ₹15,117 (net margin 0.1%) and EBITDA of ₹6.4 Lakh (EBITDA margin 5.7%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Sona Polyspin is -56% over three years and -45% over five years. In the latest year (FY 2024) revenue fell 69%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Sona Polyspin is 08AAICS1078H1Z6, registered in Rajasthan.
The CIN (Corporate Identification Number) of Sona Polyspin is U17120MH2004PTC145514. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sona Polyspin was incorporated on 05 April 2004, making it 22+ years old. It is registered with the Registrar of Companies, Mumbai.
The registered office of Sona Polyspin is at 21157 Saidham Co Operative Housing Society Mg Road Motilal Nagar No. 3 Near Jain, Hospital, Goregaon West, Maharashtra, India – 400104.