Sales India Profile
Key Indicators
- Authorised Capital ₹ 15.00 Cr
- Paid Up Capital ₹ 13.58 Cr
- Company Age 39 Year, 8 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 34.16 Cr
- Satisfied Charges ₹ 9.12 Cr
- Revenue Growth -3.19%
- Profit Growth -1815.35%
- Ebitda -236.20%
- Net Worth -64.70%
- Total Assets 14.22%
About Sales India
Sales India Private Limited (SIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 06 June 1985 and has a history of 39 years and eight months. Its registered office is in Ahmedabad-380009, Gujarat, India.
The Corporate was formerly known as Sales India Limited. The Company is engaged in the Consumer Electronics & Durables Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 15.00 Cr and a paid-up capital of Rs 13.58 Cr.
The company currently has active open charges totaling ₹34.16 Cr. The company has closed loans amounting to ₹9.12 Cr, as per Ministry of Corporate Affairs (MCA) records.
Joy John and Jose Geevarghese serve as directors at the Company.
Company Details
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Location
Ahmedabad-380009, Gujarat, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U29191GJ1985PTC007880
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Company No.
007880
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
06 Jun 1985
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Ahmedabad
Industry
What products or services does Sales India Private Limited offer?
Sales India Private Limited offers a wide range of products and services, including Home Appliances & Kitchen Appliances, Kitchen Appliance, Domestic Refrigerator, Videocon Refrigerator, Dry Iron, Bajaj Dry Iron, Sandwich Makers, Sandwich Toaster, Food Cutter, Food Chopper.
Who are the key members and board of directors at Sales India?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Jose Geevarghese
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Managing Director | 06-Jun-1985 | Current |
Board Members (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Joy John
|
Director | 25-Jun-2012 | Current |
Financial Performance of Sales India.
Sales India Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 3.19% decrease. The company also saw a substantial fall in profitability, with a 1815.35% decrease in profit. The company's net worth observed a substantial decline by a decrease of 64.7%.
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What is the Ownership and Shareholding Structure of Sales India?
In 2023, Sales India had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Gujarat Sales And Services Private LimitedJoy John and Jose Geevarghese are mutual person
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J.G.Welfare Foundation
Jose Geevarghese is a mutual person
Charges (Loans)
₹34.16 Cr
₹9.12 Cr
Charges Breakdown by Lending Institutions
- United Bank Of India : 23.18 Cr
- Icici Bank Limited : 8.72 Cr
- Others : 2.26 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Apr 2023 | Others | ₹5.57 M | Open |
| 22 Mar 2022 | Others | ₹1.70 Cr | Open |
| 07 Oct 2015 | Icici Bank Limited | ₹4.24 Cr | Open |
| 08 Sep 2015 | Icici Bank Limited | ₹3.00 Cr | Open |
| 29 Apr 2014 | Icici Bank Limited | ₹1.48 Cr | Open |
How Many Employees Work at Sales India?
Sales India has a workforce of 283 employees as of Apr 09, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Sales India, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Sales India's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
