Vaishalli Silk Saree Centre Private Limited
About Vaishalli Silk Saree Centre Private Limited
Data last updated:
Vaishalli Silk Saree Centre Private Limited was a private limited company based in Nagpur, Maharashtra, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the retail trade segment of the trading and commerce sector. It was incorporated on 25 November 2004.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U18101MH2004PTC149688. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It was led by directors including Kirit Natwarlal Sangani and Mukesh Natwarlal Sangani.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office was at Ful Oliitwari, Nagpur, Maharashtra, India – 440002.
As per the financials filed for FY 2022, the company reported a revenue of ₹60,098, a decline of 95% compared to the previous year. For the same year it recorded a net profit of ₹34,268 (net margin 57%) and EBITDA of ₹45,792 (EBITDA margin 76.2%). Revenue has declined at a compounded annual rate (CAGR) of 63% over three years and 35% over five years.
Company details
Contact details
Vaishalli Silk Saree Centre Private Limited's registered office is in Nagpur, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressFul Oliitwari, Nagpur, Maharashtra, India – 440002
- IndustryTrading, Retailers, Retail Trading
To see the full contact details of Vaishalli Silk Saree Centre 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
Financials of Vaishalli Silk Saree Centre Private Limited
FY 2022 filings availableVaishalli Silk Saree Centre Private Limited reported revenue of ₹60,098 (down 95% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 35% over five years, including a 95% fall in the latest year. EBITDA fell 97% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| EBITDA | ₹45,792 | ||||
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| Net Profit (PAT) | ₹34,268 | ||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| Profitability | |||||
| EBITDA Margin | 76.2% | ||||
| Net Profit Margin | 57% | ||||
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To see the full financial statements and ratios of Vaishalli Silk Saree Centre Private Limited, buy the company report.
Board of directors of Vaishalli Silk Saree Centre Private Limited
Vaishalli Silk Saree Centre has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kirit Natwarlal Sangani Also directs: Vaishalli Silk Saree Centre LLP | Director | 25 Nov 2004 | 21 Years 11 Months | As last reported |
| Mukesh Natwarlal Sangani Also directs: Vaishalli Silk Saree Centre LLP | Director | 25 Nov 2004 | 21 Years 11 Months | As last reported |
| Bhupesh Natwarlal Sangani Also directs: Vaishalli Silk Saree Centre LLP | Director | 25 Nov 2004 | 21 Years 11 Months | As last reported |
Auditor
Vaishalli Silk Saree Centre Private Limited is audited by S.G. GANDHI & CO. for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.G. GANDHI & CO. | FY 2017 | 103034W |
Shareholding
The shareholding of Vaishalli Silk Saree Centre Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Vaishalli Silk Saree Centre Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Vaishalli Silk Saree Centre 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 Vaishalli Silk Saree Centre Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Vaishalli Silk Saree Centre 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 Vaishalli Silk Saree Centre Private Limited, buy the company report.
Recent activity
Vaishalli Silk Saree Centre Private Limited has 7 board changes on record since 2004: 3 appointments and 4 cessations. The latest: Hani Bhupesh Sangani ceased to be Director on 01 Mar 2023.
Frequently asked questions
Vaishalli Silk Saree Centre has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Vaishalli Silk Saree Centre was a private limited company based in Nagpur, Maharashtra, India. The company worked in retailers, within the trading industry. It was incorporated on 25 November 2004 and is registered under CIN U18101MH2004PTC149688. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Vaishalli Silk Saree Centre is U18101MH2004PTC149688. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vaishalli Silk Saree Centre had 3 directors:
- Kirit Natwarlal Sangani - Director
- Mukesh Natwarlal Sangani - Director
- Bhupesh Natwarlal Sangani - Director
Vaishalli Silk Saree Centre was incorporated on 25 November 2004. It is registered with the Registrar of Companies, Mumbai.
The registered office of Vaishalli Silk Saree Centre is at Ful Oliitwari, Nagpur, Maharashtra, India – 440002.
The latest financial statements of Vaishalli Silk Saree Centre on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
No. Vaishalli Silk Saree Centre has 1 GST registration on record and it is cancelled or inactive.
Vaishalli Silk Saree Centre operated in the trading industry, in the retailers segment.
Hani Bhupesh Sangani ceased to be Director on 01 Mar 2023. Poonam Kirit Sangani ceased to be Director on 01 Mar 2023. Priya Mukesh Sangani ceased to be Director on 01 Mar 2023. Vaishalli Silk Saree Centre has 7 board changes on record in total.
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