About Sovik Events Private Limited
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Sovik Events Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the event planning and management segment of the events and entertainment sector. It was incorporated on 16 May 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74900MH2012PTC231175. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Vipul Shitlaprasad Singh (Managing Director) and Safa Naeem Sayyed.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at 9/44 Kamdhenu Society Hari Om Nagar Mulund (E), Mumbai, Maharashtra, India – 400081.
As per the financials filed for FY 2018, the company reported a revenue of ₹30.43 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹7.19 Lakh (net margin 23.6%) and EBITDA of ₹7.65 Lakh (EBITDA margin 25.2%). Revenue has grown at a compounded annual rate (CAGR) of 168% over three 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 sovikevent.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address9/44 Kamdhenu Society Hari Om Nagar Mulund (E), Mumbai, Maharashtra, India – 400081
- IndustryEvents and Entertainment, Event Planning & Management
- 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
Business Activity of Sovik Events Private Limited
The main business activity of Sovik Events is arts, entertainment and recreation. In detail, this covers creative, arts and entertainment activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| R | Arts, entertainment and recreation | R1 | Creative, arts and entertainment activities | 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 Sovik Events Private Limited
Sovik Events Private Limited is audited by DINESH CHOUDHARY & CO for the financial year 2018.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| DINESH CHOUDHARY & CO | 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 Sovik Events Private Limited
Sovik Events 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 |
|---|---|---|---|---|
| Safa Naeem Sayyed | Director | 24 Apr 2017 | 9 Years 5 Months | Current |
| Vipul Shitlaprasad Singh | Managing Director | 16 May 2012 | 14 Years 4 Months | Current |
Financials of Sovik Events Private Limited FY 2018 filings available
Sovik Events Private Limited reported revenue of ₹30.43 Lakh (up 1375% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR) of Sovik Events Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 168% over three years. EBITDA rose 536% 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 Sovik Events Private Limited
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• |
| Total Revenue | ₹30.43 Lakh | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• |
| EBITDA | ₹7.65 Lakh | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹7.19 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 of Sovik Events Private Limited
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 25.2% | •••• | •••• | •••• |
| Net Profit Margin | 23.6% | •••• | •••• | •••• |
| 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 Sovik Events 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 Sovik Events 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 Sovik Events Private Limited
Sovik Events Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Sovik Events Private Limited
Employment history and EPFO contributions of people linked to Sovik Events.
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 Sovik Events Private Limited
Sovik Events 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.
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 Sovik Events 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 Sovik Events 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 Sovik Events 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 Sovik Events 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 Sovik Events Private Limited
Frequently Asked Questions about Sovik Events Private Limited
Sovik Events is an active private limited company based in Mumbai, Maharashtra, India. The company works in event planning and management, within the events and entertainment industry. It was incorporated on 16 May 2012 (14+ years old) and is registered under CIN U74900MH2012PTC231175.
Sovik Events reported revenue of ₹30.43 Lakh for FY 2018 (up 1375% YoY).
Sovik Events has 2 current directors:
- Vipul Shitlaprasad Singh - Managing Director
- Safa Naeem Sayyed - Director
Sovik Events reported a net profit of ₹7.19 Lakh (net margin 23.6%) and EBITDA of ₹7.65 Lakh (EBITDA margin 25.2%) for FY 2018, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Sovik Events is 168% over three years. CAGR is the steady yearly rate that links the first and the last year.
No. Sovik Events has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Sovik Events is U74900MH2012PTC231175. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sovik Events was incorporated on 16 May 2012, making it 14+ years old. It is registered with the Registrar of Companies, Mumbai.
Sovik Events can be reached through the website sovikevent.com. Its registered office is in Mumbai, Maharashtra, India.