MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-DL-08-0018179
Sunglass Palace Private Limited - consumer goods in Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹237.79 Cr
▲ 87% YoY
Net profit · FY 2023
₹99 Lakh
Net margin 0.4%
EBITDA · FY 2023
₹3.57 Cr
EBITDA margin 1.5%
Authorised capital
₹2.25 Cr
Registered with MCA
Paid-up capital
₹1.69 Cr
Issued & subscribed
Open charges
₹44.72 Cr
Satisfied ₹26.62 Cr
Company age
25 yrs
Est. 2001
Directors on board
2
As per MCA filings
About Sunglass Palace Private Limited
Data last updated:
Sunglass Palace Private Limited is a private limited company based in Delhi, India. It operates in the footwear retail and distribution segment of the consumer goods sector. It was incorporated on 03 May 2001 and has been in existence for over 25 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U51394DL2001PTC110687. Its GSTIN is 07AAFCS4117G1ZJ (Delhi). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹2.25 Cr and a paid-up capital of ₹1.69 Cr. It is led by directors Kavya Malhotra and Arun Malhotra.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Dpt 705 DLF Prime Tower Okhla Phase – 1, Delhi, India – 110020.
As per the financials filed for FY 2023, the company reported a revenue of ₹237.79 Cr, a growth of 87% compared to the previous year. For the same year it recorded a net profit of ₹99 Lakh (net margin 0.4%) and EBITDA of ₹3.57 Cr (EBITDA margin 1.5%). Revenue has grown at a compounded annual rate (CAGR) of 36% over three years and 16% over five years.
The company is associated with 1 brand: SGPL. As per MCA filings, the company has open charges of ₹44.72 Cr and satisfied charges of ₹26.62 Cr on record. Court records list 5 cases involving the company, including 3 filed by the company and 2 filed against it; 3 cases are pending. The company has 8 deals on record (5 secondary share transfers, 3 funding rounds), with disclosed funding of ₹4.49 Cr; the latest was in November 2021. Its 4 peer companies in the Consumer Products industry (Accessories Retail and Distribution, Sports Equipment Retail and Distribution), with the same principal business activity (wholesale trading) are compared by revenue, 2 larger and 2 smaller; the largest is Bergner Impex (India) Private Limited with revenue of ₹255.16 Cr.
Sunglass Palace Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-08-0018179). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sgplindia.co.in.
Company details
CIN U51394DL2001PTC110687
Registration Number 110687
Incorporation Date 03 May 2001
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-DL-08-0018179
Key People
Kavya Malhotra Director Arun Malhotra Director Recognitions & Rankings of Sunglass Palace
Contact details
Sunglass Palace Private Limited's registered office is in Delhi, Delhi. Its website is sgplindia.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressDpt 705 DLF Prime Tower Okhla Phase – 1, Delhi, India – 110020
- IndustryConsumer Goods, Footwear Retail & Distribution, Health & Beauty Retail & Distribution, Accessories Retail & Distribution
To see the full contact details of Sunglass Palace Private Limited, buy the company report.
Comprehensive company report
Sunglass Palace 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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Secure checkout · GST invoice included
Brands
Sunglass Palace operates one associated brand: SGPL. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Sunglasses are retailed by SGPL across India. | sgplindia.co.in |
Business activity
The main business activity of Sunglass Palace 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 Sunglass Palace Private Limited, buy the company report.
Financials of Sunglass Palace Private Limited
FY 2024 filings availableSunglass Palace Private Limited reported revenue of ₹237.79 Cr (up 87% YoY) for FY 2023.
Revenue · FY 2023
₹237.79 Cr ▲ 87%
Net profit · FY 2023
₹99 Lakh margin 0.4%
EBITDA · FY 2023
₹3.57 Cr margin 1.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 87%
3 years · compounded
▲ 36%
5 years · compounded
▲ 16%
EBITDA CAGR growth
1 year
▲ 62%
3 years · compounded
▲ 27%
5 years · compounded
▲ 20%
Revenue has grown at a compounded annual rate (CAGR) of 16% over five years, including 87% growth in the latest year. EBITDA rose 62% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹237.79 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹3.57 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹99 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.5% | ||||
| Net Profit Margin | 0.4% | ||||
| 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 Sunglass Palace Private Limited, buy the company report.
Board of directors of Sunglass Palace Private Limited
Sunglass Palace has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kavya Malhotra Also directs: Am Logistics & Warehousing LLP, Akka Luxury Brand Distribution Private Limited, Vault Kicks Private Limited and 5 more | Director | 15 Mar 2005 | 21 Years 7 Months | Current |
| Arun Malhotra Also directs: Am Logistics & Warehousing LLP, Akka Luxury Brand Distribution Private Limited, Vault Kicks Private Limited and 5 more | Director | 28 Jun 2006 | 20 Years 4 Months | Current |
Peer comparison
Sunglass Palace Private Limited is compared with the 4 companies closest to it by revenue in the Consumer Products industry (Accessories Retail and Distribution, Sports Equipment Retail and Distribution), 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 |
|---|---|---|---|---|---|---|
| Bergner Impex (India) Private Limited | ₹255.16 Cr (FY 2025) | 26.0% | Mumbai, Maharashtra, India | |||
| Kapsons Agencies Private Limited | ₹248.25 Cr (FY 2025) | 14.0% | Chandigarh, India | |||
| Sunglass Palace Private Limitedthis company | ₹237.79 Cr (FY 2023) | ₹99 Lakh | 0.4% | 87.0% | Delhi, India | |
| Sreeleathers Limited | ₹221.45 Cr (FY 2025) | 1.0% | Kolkata, West Bengal, India | |||
| Kapsons Retail Private Limited | ₹219.94 Cr (FY 2025) | 15.0% | Mohali, Punjab, India |
To see the full peer comparison of Sunglass Palace Private Limited, buy the company report.
Auditor
Sunglass Palace Private Limited is audited by Pramod Kumar and companmy for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Pramod Kumar and companmy | FY 2023 | 003733N |
Shareholding
The shareholding of Sunglass Palace 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 Sunglass Palace Private Limited, buy the company report.
Charges & borrowings
Open charges
₹44.72 Cr
Satisfied charges
₹26.62 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Sep 2025 | 101172628 | Others | ₹25.28 Cr | Open | |
| 22 Sep 2025 | 101162375 | Others | ₹6.64 Cr | Open | |
| 21 Jun 2025 | 101162303 | Others | ₹1.09 Cr | Open | |
| 27 Jan 2025 | 101038687 | Hdfc Bank Limited | ₹50 Lakh | Open | |
| 27 Sep 2024 | 100979706 | Others | ₹3.5 Cr | Open |
To see the full charge records of Sunglass Palace Private Limited, buy the company report.
Total charge records: 26 View all charges
Deals & funding
Sunglass Palace Private Limited has 8 deals on record (5 secondary share transfers, 3 funding rounds), with disclosed funding of ₹4.49 Cr; the latest was in November 2021.
Total deals
8
Secondary share transfers
5
Funding rounds
3
Disclosed funding
₹4.49 Cr
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2021 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2021 | Secondary share transfer | Undisclosed | Seller: an individual |
| Mar 2017 | Funding round | ₹3.66 Cr | Investors: an individual |
| Mar 2016 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2011 | Funding round | ₹64 Lakh | Investors: 2 individuals |
To see the full deal history of Sunglass Palace Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Sunglass Palace Private Limited has 5 court cases on record: 3 filed by Sunglass Palace, 2 filed against it. 3 cases are pending and 2 are disposed.
Total cases
5
Filed by the company
3
Filed against the company
2
Pending
3
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 2 | 2 |
| High courts | 2 | 0 | 1 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Appeal | Filed by the company against Axis Bank Ltd | Pending |
| District court, New Delhi, Delhi | Civil suit | Filed by the company against Axis Bank Ltd. | Disposed |
| District court, North West, Delhi | Civil suit | Filed against the company by State | Pending |
| District court, South, Delhi | Commercial suit | Filed against the company by an individual | Pending |
| High Court of Delhi | Tax appeal | Filed by the company against Commissioner Trade and Taxes Delhi | Disposed |
To see the full case history of Sunglass Palace 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 Sunglass Palace Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Sunglass Palace has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAFCS4117G1ZJ | Delhi | Active | 01 Jul 2017 |
| 09AAFCS4117G1ZF | Uttar Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Sunglass Palace Private Limited, buy the company report.
Recent activity
Sunglass Palace Private Limited has 3 board changes on record since 2005: 2 appointments and 1 cessation. The latest: Kamla Malhotra ceased to be Director on 22 Jun 2019.
Charges
A charge with Others of Rs. 25.28 Cr registered on 30 Sep 2025 with Charge ID 101172628 was modified on 07 Nov 2025.
Charges
A charge with Others of Rs. 6.64 Cr registered on 22 Sep 2025 with Charge ID 101162375 was modified on 07 Nov 2025.
Charges
A charge registered on 25 Nov 2023 via Charge ID 100817925 with Others was fully satisfied on 18 Oct 2025.
Charges
A charge registered on 08 Feb 2023 via Charge ID 100681798 with Others was fully satisfied on 07 Oct 2025.
Charges
A charge registered on 26 Jun 2024 via Charge ID 100937854 with Others was fully satisfied on 06 Oct 2025.
Charges
A charge registered on 09 Feb 2023 via Charge ID 100681644 with Others was fully satisfied on 06 Oct 2025.
Charges
A charge with Others amounted to Rs. 25.28 Cr with Charge ID 101172628 was registered on 30 Sep 2025.
Charges
A charge with Others amounted to Rs. 6.64 Cr with Charge ID 101162375 was registered on 22 Sep 2025.
Charges
A charge with Others amounted to Rs. 1.09 Cr with Charge ID 101162303 was registered on 21 Jun 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.50 Cr with Charge ID 101038687 was registered on 27 Jan 2025.
Charges
A charge with Others of Rs. 2.78 Cr registered on 26 Jun 2024 with Charge ID 100937854 was modified on 18 Jan 2025.
AGM
Sunglass Palace Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
43 earlier events are in the company report.
Frequently asked questions
Sunglass Palace is an active private limited company based in Delhi, India. The company works in footwear retail and distribution, within the consumer goods industry. It was incorporated on 03 May 2001 (25+ years old) and is registered under CIN U51394DL2001PTC110687.
Sunglass Palace has 2 current directors:
- Kavya Malhotra - Director
- Arun Malhotra - Director
The latest financial statements of Sunglass Palace on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Sunglass Palace is 07AAFCS4117G1ZJ, registered in Delhi. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 09AAFCS4117G1ZF (Uttar Pradesh).
The CIN (Corporate Identification Number) of Sunglass Palace is U51394DL2001PTC110687. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sunglass Palace has 5 court cases on record: 3 filed by the company and 2 filed against it. 3 are pending. Most are in the district courts.
Sunglass Palace was incorporated on 03 May 2001, making it 25+ years old. It is registered with the Registrar of Companies, Delhi.
Sunglass Palace has 8 deals on record (5 secondary share transfers, 3 funding rounds), with disclosed funding of ₹4.49 Cr; the latest was in November 2021.
The peers of Sunglass Palace by revenue are Bergner Impex (India) Private Limited, Kapsons Agencies Private Limited, Sreeleathers Limited, Kapsons Retail Private Limited, all in the Consumer Products industry (Accessories Retail and Distribution, Sports Equipment Retail and Distribution), with the same principal business activity (wholesale trading).
Kamla Malhotra ceased to be Director on 22 Jun 2019. Arun Malhotra was appointed as Director on 28 Jun 2006. Kavya Malhotra was appointed as Director on 15 Mar 2005.
Yes, Sunglass Palace is registered as a medium enterprise under Udyam registration (number: UDYAM-DL-08-0018179).