Sovereign Leather Innovators Pvt Ltd
About Sovereign Leather Innovators Pvt Ltd
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Sovereign Leather Innovators Pvt Ltd is a private limited company based in Mumbai, Maharashtra, India. It operates in the accessories retail and distribution segment of the consumer goods sector. It was incorporated on 28 November 1985 and has been in existence for over 41 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U19100MH1985PTC038181. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Cucu Dharamdas Godhwani and Anita Cucu Godhwani.
Its last annual general meeting (AGM) was held on 30 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at 63 Everest Aptoff Mount Pleasant Road, Mumbai, Maharashtra, India – 400006.
As per the financials filed for FY 2017, the company reported a revenue of ₹28.92 Lakh, a growth of 9% compared to the previous year. For the same year it recorded a net loss of ₹2.57 Lakh (net margin -8.9%) and EBITDA of ₹1.65 Lakh (EBITDA margin 5.7%).
As per MCA filings, the company has open charges of ₹14 Lakh on record.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Sovereign Leather Innovators Pvt Ltd's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address63 Everest Aptoff Mount Pleasant Road, Mumbai, Maharashtra, India – 400006
- IndustryConsumer Goods, Accessories Retail & Distribution
To see the full contact details of Sovereign Leather Innovators Pvt Ltd, 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 Sovereign Leather Innovators 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 Sovereign Leather Innovators Pvt Ltd, buy the company report.
Financials of Sovereign Leather Innovators Pvt Ltd
FY 2017 filings availableSovereign Leather Innovators Pvt Ltd reported revenue of ₹28.92 Lakh (up 9% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue rose 9% in the latest year. EBITDA fell 72% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹28.92 Lakh | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹1.65 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹2.57 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
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 5.7% | ||
| Net Profit Margin | -8.9% | ||
| 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 Sovereign Leather Innovators Pvt Ltd, buy the company report.
Board of directors of Sovereign Leather Innovators Pvt Ltd
Sovereign Leather Innovators has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Cucu Dharamdas Godhwani | Director | 29 Nov 1985 | 40 Years 11 Months | Current |
| Anita Cucu Godhwani | Director | 29 Nov 1985 | 40 Years 11 Months | Current |
| Mekaal Cucu Godhwani Also directs: Mesona Buildcon LLP | Director | 30 Apr 2012 | 14 Years 6 Months | Current |
Peer comparison
Sovereign Leather Innovators Pvt Ltd is compared with the 3 companies closest to it by revenue in the Consumer Products industry (Accessories Retail and Distribution, Leather), 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 |
|---|---|---|---|---|---|---|
| Vira Enterprises Private Limited | ₹29.14 Lakh (FY 2024) | -38.0% | Kolkata, West Bengal, India | |||
| Leisure Luggage Private Limited | ₹28.96 Lakh (FY 2024) | Delhi, India | ||||
| Sovereign Leather Innovators Pvt Ltdthis company | ₹28.92 Lakh (FY 2017) | -₹2.57 Lakh | -8.9% | 9.0% | Mumbai, Maharashtra, India | |
| Vatsal Textile Private Limited | ₹28.66 Lakh (FY 2025) | -8.0% | Surat, Gujarat, India |
To see the full peer comparison of Sovereign Leather Innovators Pvt Ltd, buy the company report.
Shareholding
The shareholding of Sovereign Leather Innovators Pvt Ltd is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Sovereign Leather Innovators Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Oct 2009 | 10185592 | State Bank of Mysore | ₹5 Lakh | Open | |
| 11 Feb 2005 | 90241331 | State Bank of Mysore | ₹9 Lakh | Open |
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Sovereign Leather Innovators Pvt Ltd 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 Sovereign Leather Innovators Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Sovereign Leather Innovators has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Sovereign Leather Innovators Pvt Ltd, buy the company report.
Recent activity
Sovereign Leather Innovators Pvt Ltd has 3 board changes on record since 1985: 3 appointments. The latest: Mekaal Cucu Godhwani was appointed as Director on 30 Apr 2012.
Frequently asked questions
Sovereign Leather Innovators is an active private limited company based in Mumbai, Maharashtra, India. The company works in accessories retail and distribution, within the consumer goods industry. It was incorporated on 28 November 1985 (41+ years old) and is registered under CIN U19100MH1985PTC038181.
Sovereign Leather Innovators has 3 current directors:
- Cucu Dharamdas Godhwani - Director
- Anita Cucu Godhwani - Director
- Mekaal Cucu Godhwani - Director
The latest financial statements of Sovereign Leather Innovators on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 30 September 2017. Year-wise statements from 2015 are in the company report.
No. Sovereign Leather Innovators has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Sovereign Leather Innovators is U19100MH1985PTC038181. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sovereign Leather Innovators was incorporated on 28 November 1985, making it 41+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Sovereign Leather Innovators by revenue are Vira Enterprises Private Limited, Leisure Luggage Private Limited, Vatsal Textile Private Limited, all in the Consumer Products industry (Accessories Retail and Distribution, Leather), with the same principal business activity (wholesale trading).
Mekaal Cucu Godhwani was appointed as Director on 30 Apr 2012. Anita Cucu Godhwani was appointed as Director on 29 Nov 1985. Cucu Dharamdas Godhwani was appointed as Director on 29 Nov 1985.
The registered office of Sovereign Leather Innovators is at 63 Everest Aptoff Mount Pleasant Road, Mumbai, Maharashtra, India – 400006.
Sovereign Leather Innovators operates in the consumer goods industry, in the accessories retail and distribution segment.
Sovereign Leather Innovators has open charges of ₹14 Lakh and no satisfied charges on record as per latest MCA filings.
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