MSME (Udyam registered) Ministry of MSME
- Category
- Small (2023-24)
- Udyam number
- UDYAM-TS-02-0031464
Sun Initiatives Private Limited
Sun Initiatives Private Limited - home & lifestyle in Secunderabad, Telangana, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹12.49 Cr
▼ 13% YoY
Net profit · FY 2024
₹39.46 Lakh
Net margin 3.2%
EBITDA · FY 2024
₹95.36 Lakh
EBITDA margin 7.6%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹2.55 Cr
Secured borrowings
Company age
13 yrs
Est. 2013
Directors on board
3
As per MCA filings
About Sun Initiatives Private Limited
Data last updated:
Sun Initiatives Private Limited is a private limited company based in Secunderabad, Telangana, India. It operates in the home furnishings and accessories retail segment of the home and lifestyle products sector. It was incorporated on 12 November 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U51909TG2013PTC090959. Its GSTIN is 36AATCS8709G1ZQ (Telangana).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Lakshmi Prasad Gowra and Anil Kumar Gowra.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot No.11 Radha Krishna Colony West Marredpally, Secunderabad, Telangana, India – 500026.
As per the financials filed for FY 2024, the company reported a revenue of ₹12.49 Cr, a decline of 13% compared to the previous year. For the same year it recorded a net profit of ₹39.46 Lakh (net margin 3.2%) and EBITDA of ₹95.36 Lakh (EBITDA margin 7.6%). Revenue has declined at a compounded annual rate (CAGR) of 17% over three years and 5% over five years.
As per MCA filings, the company has open charges of ₹2.55 Cr on record. Court records list 3 cases involving the company, including 3 filed by the company; 3 cases are pending.
Sun Initiatives Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TS-02-0031464). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U51909TG2013PTC090959
Registration Number 090959
Incorporation Date 12 November 2013
ROC Hyderabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-TS-02-0031464
CIN history
Sun Initiatives has one previous CIN (Corporate Identification Number): U51909AP2013PTC090959. The current CIN is U51909TG2013PTC090959, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51909TG2013PTC090959 | Current |
| U51909AP2013PTC090959 | Previous |
Recognitions & Rankings of Sun Initiatives
Contact details
Sun Initiatives Private Limited's registered office is in Secunderabad, Telangana. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot No.11 Radha Krishna Colony West Marredpally, Secunderabad, Telangana, India – 500026
- IndustryHome & Lifestyle, Home Furnishings & Accessories Retail
To see the full contact details of Sun Initiatives Private Limited, buy the company report.
Comprehensive company report
Sun Initiatives 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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Business activity
The main business activity of Sun Initiatives 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 Sun Initiatives Private Limited, buy the company report.
Financials of Sun Initiatives Private Limited
FY 2025 filings availableSun Initiatives Private Limited reported revenue of ₹12.49 Cr (down 13% YoY) for FY 2024.
Revenue · FY 2024
₹12.49 Cr ▼ 13%
Net profit · FY 2024
₹39.46 Lakh margin 3.2%
EBITDA · FY 2024
₹95.36 Lakh margin 7.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 13%
3 years · compounded
▲ 17%
5 years · compounded
▼ 5%
EBITDA CAGR growth
1 year
▼ 24%
3 years · compounded
▲ 49%
5 years · compounded
▲ 5%
Revenue has declined at a compounded annual rate (CAGR) of 5% over five years, including a 13% fall in the latest year. EBITDA fell 24% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹95.36 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹39.46 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.6% | ||||
| Net Profit Margin | 3.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Quick Ratio | |||||
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| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
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To see the full financial statements and ratios of Sun Initiatives Private Limited, buy the company report.
Board of directors of Sun Initiatives Private Limited
Sun Initiatives has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Lakshmi Prasad Gowra Also directs: Gowra Leasing and Finance Limited, Sumeru Seeds Private Limited, Gowra Petrochem Private Limited and 4 more | Director | 20 Dec 2023 | 2 Years 10 Months | Current |
| Anil Kumar Gowra | Director | 08 Aug 2020 | 6 Years 2 Months | Current |
| Sri Harsha Soma Also directs: Panchajanya Developers Private Limited, Kwality Photonics Pvt Ltd, Raypure Med Tech Private Limited and 1 more | Director | 20 Dec 2023 | 2 Years 10 Months | Current |
Peer comparison
Sun Initiatives Private Limited is compared with the 10 companies closest to it by revenue in 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 |
|---|---|---|---|---|---|---|
| Manidhari Silk Mills Private Limited | ₹12.5 Cr (FY 2025) | 54.0% | Surat, Gujarat, India | |||
| Gavyadhar Organic Private Limited | ₹12.5 Cr (FY 2025) | 45.0% | Ahmedabad, Gujarat, India | |||
| Flowchar India Private Limited | ₹12.5 Cr (FY 2025) | 6.0% | Bangalore, Karnataka, India | |||
| Giriraj Water Solutions Private Limited | ₹12.5 Cr (FY 2025) | -11.0% | Vasundhara, Uttar Pradesh, India | |||
| Vogelsang India Private Limited | ₹12.49 Cr (FY 2025) | 22.0% | New Delhi, Delhi, India | |||
| Sun Initiatives Private Limitedthis company | ₹12.49 Cr (FY 2024) | ₹39.46 Lakh | 3.2% | -13.0% | Secunderabad, Telangana, India | |
| Jubilant Securities Private Limited | ₹12.49 Cr (FY 2025) | 94.0% | Noida, Uttar Pradesh, India | |||
| Rashu Toys Private Limited | ₹12.49 Cr (FY 2025) | 86.0% | Delhi, India | |||
| Gayatri V V Private Limited | ₹12.49 Cr (FY 2024) | 2180.0% | Surat, Gujarat, India | |||
| Abdul Wahid Steel & Iron (India) Private Limited | ₹12.49 Cr (FY 2021) | -31.0% | Delhi, India | |||
| Abhi Marine Private Limited | ₹12.49 Cr (FY 2023) | 25.0% | Navi Mumbai, Maharashtra, India |
To see the full peer comparison of Sun Initiatives Private Limited, buy the company report.
Auditor
Sun Initiatives Private Limited is audited by ANANT RAO & MALLIK for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ANANT RAO & MALLIK | FY 2023 | 006266S |
Shareholding
The shareholding of Sun Initiatives 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 Sun Initiatives Private Limited, buy the company report.
Charges & borrowings
Open charges
₹2.55 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Mar 2023 | 100715522 | Hdfc Bank Limited | ₹55 Lakh | Open | |
| 08 Mar 2019 | 100247247 | Axis Bank Limited | ₹2 Cr | Open |
To see the full charge records of Sun Initiatives Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Sun Initiatives Private Limited has 3 court cases on record: 3 filed by Sun Initiatives. All cases are pending.
Total cases
3
Filed by the company
3
Pending
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 0 | 3 |
Cases on record (2 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Hyderabad CCC, Telangana | Cheque dishonour complaint | Filed by the company against an individual | Pending |
| District court, Hyderabad CCC, Telangana | Cheque dishonour complaint | Filed by the company against an individual | Pending |
To see the full case history of Sun Initiatives Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Sun Initiatives Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Sun Initiatives has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AATCS8709G1ZQ | Telangana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Sun Initiatives Private Limited, buy the company report.
Recent activity
Sun Initiatives Private Limited has 6 board changes on record since 2020: 3 appointments and 3 cessations. The latest: Lakshmi Prasad Gowra was appointed as Director on 20 Dec 2023.
AGM
Sun Initiatives Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Sun Initiatives Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Hyderabad.
Appointed
Lakshmi Prasad Gowra was appointed as Director.
Appointed
Sri Harsha Soma was appointed as Director.
Ceased
Sudheer Soma ceased to be Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 55.00 Lakh with Charge ID 100715522 was registered on 21 Mar 2023.
Charges
A charge with Axis Bank Limited of Rs. 200.00 Lakh registered on 08 Mar 2019 with Charge ID 100247247 was modified on 26 Jul 2021.
Ceased
Anil Kumar Gowra ceased to be Additional Director.
Appointed
Anil Kumar Gowra was appointed as Director.
Ceased
Roja Gowra ceased to be Director.
Charges
A charge with Axis Bank Limited amounted to Rs. 200.00 Lakh with Charge ID 100247247 was registered on 08 Mar 2019.
Incorporation
12 Nov 2013
Sun Initiatives Private Limited was registered on 12 Nov 2013 with Roc Hyderabad & aged 12 years 11 months as per MCA records.
Frequently asked questions
Sun Initiatives is an active private limited company based in Secunderabad, Telangana, India. The company works in home furnishings and accessories retail, within the home and lifestyle industry. It was incorporated on 12 November 2013 (13+ years old) and is registered under CIN U51909TG2013PTC090959.
Sun Initiatives has 3 current directors:
- Lakshmi Prasad Gowra - Director
- Anil Kumar Gowra - Director
- Sri Harsha Soma - Director
The latest financial statements of Sun Initiatives on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Sun Initiatives is 36AATCS8709G1ZQ, registered in Telangana.
The CIN (Corporate Identification Number) of Sun Initiatives is U51909TG2013PTC090959. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sun Initiatives has 3 court cases on record: 3 filed by the company. 3 are pending.
Sun Initiatives was incorporated on 12 November 2013, making it 13+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Sun Initiatives by revenue are Manidhari Silk Mills Private Limited, Gavyadhar Organic Private Limited, Flowchar India Private Limited, Giriraj Water Solutions Private Limited, Vogelsang India Private Limited and 5 more, all in the same principal business activity (wholesale trading).
Lakshmi Prasad Gowra was appointed as Director on 20 Dec 2023. Sri Harsha Soma was appointed as Director on 20 Dec 2023. Sudheer Soma ceased to be Director on 20 Nov 2023. Sun Initiatives has 6 board changes on record in total.
Yes, Sun Initiatives is registered as a small enterprise under Udyam registration (number: UDYAM-TS-02-0031464).
The registered office of Sun Initiatives is at Plot No.11 Radha Krishna Colony West Marredpally, Secunderabad, Telangana, India – 500026.