Sonarch International Private Limited

Sonarch International Private Limited - manufacturing in Mumbai, Maharashtra, India. Directors, charges & compliance details.
CIN U51900MH2008PTC179108 Incorporated 19 February 2008 ROC Mumbai HQ Mumbai, Maharashtra, India
Under Insolvency Private Limited Company manufacturing
Data last updated
Authorised capital
₹3 Cr
Registered with MCA
Paid-up capital
₹1.67 Cr
Issued & subscribed
Open charges
₹29.5 Cr
Satisfied ₹14.8 Cr
Company age
18 yrs
Est. 2008
Directors on board
3
As per MCA filings
GST registrations
2
None active
Last financials
Mar 2014
Balance sheet date
Last AGM
30 Sep 2014
Annual general meeting

About Sonarch International Private Limited

Data last updated:

Sonarch International Private Limited is a private 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 sanitaryware and tile segment of the manufacturing sector. It was incorporated on 19 February 2008.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51900MH2008PTC179108. The company has 2 GST registrations on record, none of which is active.

The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹1.67 Cr. It is led by directors including Tejas Anil Shah (Whole-Time Director) and Hemanshu Rameshchandra Doshi.

Its last annual general meeting (AGM) was held on 30 September 2014, and its latest financial statements are for the year ended 31 March 2014. The registered office is at B – 112 Hind Saurashtra Industrial Estate Marol Naka Andheri (East), Mumbai, Maharashtra, India – 400059.

As per MCA filings, the company has open charges of ₹29.5 Cr and satisfied charges of ₹14.8 Cr on record. Court records list 10 cases involving the company, including 2 filed by the company and 8 filed against it.

The last known website on record is picassoceramica.com.

Company details

CIN U51900MH2008PTC179108
Registration Number 179108
Incorporation Date 19 February 2008
ROC Mumbai
Listing Status Unlisted
Company Status Under CIRP
Date of Last AGM 30 September 2014
Date of Balance Sheet 31 March 2014
Compliance Status Active Non-Compliant

Contact details

Sonarch International Private Limited's registered office is in Mumbai, Maharashtra.

  • Registered Address
    B – 112 Hind Saurashtra Industrial Estate Marol Naka Andheri (East), Mumbai, Maharashtra, India – 400059
  • Industry
    Manufacturing, Sanitaryware & Tile, Ceramics
Comprehensive company report
Sonarch International 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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Financials of Sonarch International Private Limited

FY 2014 filings available

Financial Statement Summary

MetricsFY 2013-14
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
Profit Before Tax
Tax Expense
Net Profit (PAT)
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 2013-14
Profitability
EBITDA Margin
Net Profit Margin
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 Sonarch International Private Limited, buy the company report.

Board of directors of Sonarch International Private Limited

Sonarch International has 3 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Tejas Anil ShahWhole-Time Director19 Feb 200818 Years 8 MonthsAs last reported
Hemanshu Rameshchandra DoshiDirector25 Jan 201313 Years 9 MonthsAs last reported
Charudutt Sarjerao PatilDirector16 Aug 201412 Years 2 MonthsAs last reported

Charges & borrowings

Open charges
₹29.5 Cr
Satisfied charges
₹14.8 Cr
Breakdown by lending institutions
Union Bank of India₹29.50 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
11 Aug 201410518163Union Bank of India₹7 CrOpen
30 Dec 201310474494Union Bank of India₹22.5 CrOpen
25 Aug 200810125713Corporation Bank₹14.8 CrSatisfied

To see the full charge records of Sonarch International Private Limited, buy the company report.

Total charge records: 3 View all charges

MSME payment delays

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

GST

Sonarch International has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.

Total GSTINs
2
Cancelled / inactive
2

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

Recent activity

Sonarch International Private Limited has 11 board changes on record since 2008: 3 appointments and 8 cessations. The latest: Hemanshu Rameshchandra Doshi ceased to be Director on 10 Apr 2015.

Ceased
Hemanshu Rameshchandra Doshi ceased to be Director.
Charges
A charge with Union Bank Of India of Rs. 22.50 Cr registered on 30 Dec 2013 with Charge ID 10474494 was modified on 18 Mar 2015.
Ceased
Charudutt Sarjerao Patil ceased to be Director.
Ceased
Japjeev Singh Amarpalsingh Chadha ceased to be Director.
AGM
Sonarch International Private Limited last Annual general meeting of members was held on 30 Sep 2014 as per latest MCA records.
Ceased
Falguni Nilesh Parekh ceased to be Additional Director.
Ceased
Nilesh Jaswantlal Parekh ceased to be Director.
Appointed
Charudutt Sarjerao Patil was appointed as Director.
Charges
A charge with Union Bank Of India amounted to Rs. 7.00 Cr with Charge ID 10518163 was registered on 11 Aug 2014.
Filing
Sonarch International Private Limited has filed its annual Financial statements for the year ended 31 Mar 2014 with Roc Mumbai.
Charges
A charge registered on 25 Aug 2008 via Charge ID 10125713 with Corporation Bank was fully satisfied on 24 Jan 2014.
Charges
A charge with Union Bank Of India amounted to Rs. 22.50 Cr with Charge ID 10474494 was registered on 30 Dec 2013.

8 earlier events are in the company report.

Frequently asked questions

Sonarch International 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.

Sonarch International is a company under insolvency, formerly operating as a private limited company based in Mumbai, Maharashtra, India. The company works in sanitaryware and tile, within the manufacturing industry. It was incorporated on 19 February 2008 and is registered under CIN U51900MH2008PTC179108. Caution is advised - the company may not have the legal capacity to fulfil new agreements.

Sonarch International has 3 current directors:

The latest financial statements of Sonarch International on record with the MCA are for the year ended 31 March 2014. Its last annual general meeting was held on 30 September 2014. Year-wise statements from 2015 are in the company report.

The CIN (Corporate Identification Number) of Sonarch International is U51900MH2008PTC179108. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Sonarch International has open charges of ₹29.5 Cr and satisfied charges of ₹14.8 Cr as per latest MCA filings.

Sonarch International has 10 court cases on record: 2 filed by the company and 8 filed against it. Most are in the district courts.

Sonarch International was incorporated on 19 February 2008. It is registered with the Registrar of Companies, Mumbai.

Hemanshu Rameshchandra Doshi ceased to be Director on 10 Apr 2015. Charudutt Sarjerao Patil ceased to be Director on 26 Feb 2015. Japjeev Singh Amarpalsingh Chadha ceased to be Director on 13 Oct 2014. Sonarch International has 11 board changes on record in total.

Sonarch International can be reached through the website picassoceramica.com. Its registered office is in Mumbai, Maharashtra, India.