Up Artisans Sutradhar Limited
About Up Artisans Sutradhar Limited
Data last updated:
Up Artisans Sutradhar Limited was a public limited company based in New Delhi, Delhi, India, operated as a subsidiary of Krishna Weavers Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the handicrafts and artisan products manufacturing segment of the home and lifestyle products sector. It was incorporated on 24 September 2007.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U74991DL2007PLC303811. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹40 Lakh and a paid-up capital of ₹40 Lakh. It was formerly known as Up Artisans Sutradhar Private Limited. It was led by directors including Jagat Singh Bartwal and Devendra Kumar Sharma.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at E – 42/4 Okhla Industrial Area Phase – II, New Delhi, Delhi, India – 110020.
As per the financials filed for FY 2020, the company reported a revenue of ₹48.67 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹42.96 Lakh (net margin 88.3%) and EBITDA of -₹2.39 Lakh (EBITDA margin -4.9%). Revenue has grown at a compounded annual rate (CAGR) of 195% over three years and 97% over five years.
Its group structure included 1 subsidiary.
As per MCA filings, the company had satisfied charges of ₹1.5 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company; 1 case is pending.
Company details
CIN history
Up Artisans Sutradhar has one previous CIN (Corporate Identification Number): U74991UP2007PLC033947. The current CIN is U74991DL2007PLC303811, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74991DL2007PLC303811 | Current |
| U74991UP2007PLC033947 | Previous |
Contact details
Up Artisans Sutradhar Limited's registered office is in New Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressE – 42/4 Okhla Industrial Area Phase – II, New Delhi, Delhi, India – 110020
- IndustryHome & Lifestyle, Handicrafts & Artisan Products Manufacturing
To see the full contact details of Up Artisans Sutradhar 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
Financials of Up Artisans Sutradhar Limited
FY 2023 filings availableUp Artisans Sutradhar Limited reported revenue of ₹48.67 Lakh (up 7053897% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 97% over five years. 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹48.67 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹2.39 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹42.96 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -4.9% | ||||
| Net Profit Margin | 88.3% | ||||
| 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 Up Artisans Sutradhar Limited, buy the company report.
Board of directors of Up Artisans Sutradhar Limited
Up Artisans Sutradhar has 3 current directors and 16 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vivek Rishi | Nominee Director | 08 Mar 2011 | 15 Years 7 Months | As last reported |
| Jagat Singh Bartwal Also directs: Krishna Weavers Limited, Bengal Artisans Craft Company Limited, Orissa Artisans and Weavers Limited and 2 more | Director | 18 Aug 2018 | 8 Years 2 Months | As last reported |
| Devendra Kumar Sharma Also directs: Krishna Weavers Limited | Director | 18 Aug 2018 | 8 Years 2 Months | As last reported |
Auditor
Up Artisans Sutradhar Limited is audited by DEEPAK ROSHAN & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DEEPAK ROSHAN & ASSOCIATES | FY 2020 | 008936C |
Shareholding
The shareholding of Up Artisans Sutradhar Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Up Artisans Sutradhar Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Jun 2008 | 10107154 | Axis Bank Limited | ₹1.5 Cr | Satisfied |
To see the full charge records of Up Artisans Sutradhar Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Up Artisans Sutradhar Limited has 2 court cases on record: 2 filed by Up Artisans Sutradhar. 1 case is pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 2 | 0 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Principal Bench | Court case (C.A.(CAA)) | Filed by the company | Pending |
| NCLT, Principal Bench | Court case (C.P.(CAA)) | Filed by the company | Disposed |
To see the full case history of Up Artisans Sutradhar 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 Up Artisans Sutradhar Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Up Artisans Sutradhar has 1 subsidiary company. This group structure data is as of FY 2020. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Micro Venture Holdings Private Limited | U67120DL2003PTC119449 |
To see the full group structure of Up Artisans Sutradhar Limited, buy the company report.
GST
Up Artisans Sutradhar 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 Up Artisans Sutradhar Limited, buy the company report.
Recent activity
Up Artisans Sutradhar Limited has 19 board changes on record since 2008: 3 appointments and 16 cessations. The latest: Rajender Kumar Verma ceased to be Director on 30 Sep 2019.
13 earlier events are in the company report.
Frequently asked questions
Up Artisans Sutradhar has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Up Artisans Sutradhar was a public limited company based in New Delhi, Delhi, India. The company worked in handicrafts and artisan products manufacturing, within the home and lifestyle industry. It was incorporated on 24 September 2007 and is registered under CIN U74991DL2007PLC303811. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Up Artisans Sutradhar was incorporated on 24 September 2007. It is registered with the Registrar of Companies, Delhi.
Up Artisans Sutradhar had 3 directors:
- Vivek Rishi - Nominee Director
- Jagat Singh Bartwal - Director
- Devendra Kumar Sharma - Director
The CIN (Corporate Identification Number) of Up Artisans Sutradhar is U74991DL2007PLC303811. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Up Artisans Sutradhar is at E – 424 Okhla Industrial Area Phase – II, New Delhi, Delhi, India – 110020.
The latest financial statements of Up Artisans Sutradhar on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
No. Up Artisans Sutradhar has 1 GST registration on record and it is cancelled or inactive.
Up Artisans Sutradhar operated in the home and lifestyle industry, in the handicrafts and artisan products manufacturing segment.
Up Artisans Sutradhar has 2 court cases on record: 2 filed by the company. 1 is pending.
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