- Category
- Micro (2023-24)
- Udyam number
- UDYAM-GA-02-0001035

About Sung Mi India Private Limited
Data last updated:
Sung Mi India Private Limited is a private limited company based in Salcete, Goa, India, a subsidiary of India Futuristic Marine Private Limited. It operates in the fire safety and firefighting equipment segment of the machinery and industrial equipment sector. It was incorporated on 13 December 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Goa, under CIN U28999GA2018PTC013809. Its GSTIN is 30ABBCS2693A1ZV (Goa).
The company has an authorised share capital of ₹75 Lakh and a paid-up capital of ₹68.32 Lakh. It is led by directors Vivekanand Maruti Redekar and Uday Ramnath Pawar.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 01 April 2024. The registered office is at Salcete, Goa.
As per the financials filed for FY 2025, the company reported a revenue of ₹38.05 Lakh, a decline of 53% compared to the previous year. For the same year it recorded a net loss of ₹90.97 Lakh (net margin -239.1%) and EBITDA of -₹90.8 Lakh (EBITDA margin -238.7%). Revenue has declined at a compounded annual rate (CAGR) of 60% over three years and 6% over five years.
Sung Mi India Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GA-02-0001035). For more details, the company can be reached via its website sungmi.co.in.
Company details
Recognitions & Rankings of Sung Mi India
Contact details
Sung Mi India Private Limited's registered office is in Salcete, Goa. Its website is sungmi.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No. I – 10 Of Verna Industrial Estate Phase – IV, Survey No. 259 Of Loutolim, Salcete, Goa, India – 403718
- IndustryMachinery and Equipment, Fire Safety & Firefighting Equipment
To see the full contact details of Sung Mi India Private Limited, 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 Sung Mi India 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 Sung Mi India Private Limited, buy the company report.
Financials of Sung Mi India Private Limited
FY 2024 filings availableSung Mi India Private Limited reported revenue of ₹38.05 Lakh (down 53% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 6% over five years, including a 53% fall 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | -₹90.8 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹90.97 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -238.7% | ||||
| Net Profit Margin | -239.1% | ||||
| 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 | |||||
To see the full financial statements and ratios of Sung Mi India Private Limited, buy the company report.
Board of directors of Sung Mi India Private Limited
Sung Mi India has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vivekanand Maruti Redekar Also directs: Futuristic Greens Private Limited, Meson Valves India Private Limited, Futuristic Marine Private Limited and 1 more | Director | 13 Dec 2018 | 7 Years 10 Months | Current |
| Uday Ramnath Pawar Also directs: Futuristic Greens Private Limited | Additional Director | 08 Aug 2024 | 2 Years 3 Months | Current |
Auditor
Sung Mi India Private Limited is audited by Ashish V. Prabhu Verlekar and Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Ashish V. Prabhu Verlekar and Co | FY 2023 | 103874 |
Shareholding
The shareholding of Sung Mi India 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 Sung Mi India Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Sung Mi India Private Limited 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 Sung Mi India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Sung Mi India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 30ABBCS2693A1ZV | Goa | Active | 04 Jun 2019 |
To see the full GST registrations and return filing status of Sung Mi India Private Limited, buy the company report.
Recent activity
Sung Mi India Private Limited has 6 board changes on record since 2018: 4 appointments and 2 cessations. The latest: Brijesh Madhav Manerikar ceased to be Director on 09 Aug 2024.
Frequently asked questions
Sung Mi India is an active private limited company based in Salcete, Goa, India. The company works in fire safety and firefighting equipment, within the machinery and equipment industry. It was incorporated on 13 December 2018 (8+ years old) and is registered under CIN U28999GA2018PTC013809.
Sung Mi India has 2 current directors:
- Vivekanand Maruti Redekar - Director
- Uday Ramnath Pawar - Additional Director
The latest financial statements of Sung Mi India on record with the MCA are for the year ended 01 April 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Sung Mi India is 30ABBCS2693A1ZV, registered in Goa.
The CIN (Corporate Identification Number) of Sung Mi India is U28999GA2018PTC013809. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sung Mi India was incorporated on 13 December 2018, making it 8+ years old. It is registered with the Registrar of Companies, Goa.
Brijesh Madhav Manerikar ceased to be Director on 09 Aug 2024. Swaroop Raghuvir Natekar ceased to be Director on 09 Aug 2024. Uday Ramnath Pawar was appointed as Additional Director on 08 Aug 2024. Sung Mi India has 6 board changes on record in total.
Yes, Sung Mi India is registered as a micro enterprise under Udyam registration (number: UDYAM-GA-02-0001035).
Sung Mi India can be reached through the website sungmi.co.in. Its registered office is in Salcete, Goa, India.
The registered office of Sung Mi India is at Plot No. I – 10 Of Verna Industrial Estate Phase – IV, Survey No. 259 Of Loutolim, Salcete, Goa, India – 403718.

