Sales India Profile
Key Indicators
- Authorised Capital ₹ 15.00 Cr
- Paid Up Capital ₹ 13.58 Cr
- Company Age 39 Year, 11 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 11 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
- Location
Ahmedabad-380009, Gujarat, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U29191GJ1985PTC007880
- Company No.
007880
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
06 Jun 1985
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Consumer Electronics & Durables
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.
Sales India Private Limited
Explore comprehensive data for Sales India Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Sales India?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Jose Geevarghese  | 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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
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)
Gujarat Sales And Services Private LimitedJoy John and Jose Geevarghese are mutual person
- J.G.Welfare Foundation
Jose Geevarghese is a mutual person
Charges (Loans)
Open Charges
₹34.16 Cr
Satisfied Charges
₹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.
Latest Updates, News, and FAQs on Sales India
Recent activity within the organization
- Annual General Meeting
Sales India Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Charges
A charge with Others amounted to Rs. 0.56 Cr with Charge ID 100718892 was registered on 28 Apr 2023.
- Charges
A charge registered on 30 Sep 2019 via Charge ID 100299578 with Hdfc Bank Limited was fully satisfied on 27 Apr 2023.
- Charges
A charge registered on 30 Sep 2019 via Charge ID 100300906 with Hdfc Bank Limited was fully satisfied on 27 Apr 2023.
- Balance Sheet
Sales India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.
- Charges
A charge with United Bank Of India of Rs. 23.18 Cr registered on 30 Nov 1999 with Charge ID 90095149 was modified on 20 Apr 2022.
Frequently asked questions
What is the Incorporation or founding date of Sales India Private Limited?
Sales India Private Limited was incorporated on 06 Jun 1985.
What is authorized share capital and paid-up capital of Sales India Private Limited?
The authorized share capital of Sales India Private Limited is ₹ 15.00 Cr and paid-up capital is ₹ 13.58 Cr.
Who are the current board members & directors of Sales India Private Limited?
Currently 2 directors are associated with Sales India Private Limited.
- Joy Jose John
- Jose Geevarghese
What is the registered address of Sales India Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Sales India Private Limited is B Jadhav Chambers2Nd Floor Ashram Road, Ahmedabad-380009, Gujarat, India.
What is the corporate identification number (CIN) and company number of Sales India Private Limited?
The corporate identification number (CIN) of Sales India Private Limited is U29191GJ1985PTC007880 and the company number is 007880 as per Ministry of Corporate Affairs (MCA).
What is the official website of Sales India Private Limited?
The Official website of Sales India Private Limited is https://www.salesindia.com
What has been the recent revenue trend for Sales India Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Sales India Private Limited has fallen by -3.19%.
How many employees does Sales India Private Limited currently have?
As Per 2023 financial reports, 283 employees are currently employed by Sales India Private Limited.
What change has been observed in the net worth of Sales India Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Sales India Private Limited has experienced an downturn of -64.70%.
What are the total open charges for Sales India Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Sales India Private Limited amount to ₹ 34.16 Cr.
When was the last Balance Sheet of Sales India Private Limited filed with the ROC?
The most recent Balance Sheet for Sales India Private Limited was filed with the ROC on 31 Mar 2023.
Unlock Business Insights – Explore Instantly!
Search company & director profiles for free and gain access to critical business data.
- 3.1M+ Companies
- 15M+ Legal Cases
- 525K+ Credit Ratings
- 5.8M+ Directors & KMP
- 750K+ Regulatory Alerts
- 1.1M+ Companies' Financial Records
People also Viewed
JJ
Jessica JohnDirectorJG
John GeevargheseDirectorCV
Chandramati VergheseDirector
Similar Companies Based on Electronic Appliances Retail & Distribution
Rk Worldinfocom Private Limited Bangaluru, Karnataka, India
Livguard Energy Technologies Private Limited Gurugram, Haryana, India
Asus India Private Limited Mumbai, Maharashtra, India
Electronics Mart India Limited Hyderabad, Telangana, India
Sony India Private Limited Delhi, India
Shree Sant Kripa Appliances Private Limited Pune, Maharashtra, India
Teleecare Network India Private Limited Delhi, India
Xiaomi Technology India Private Limited Bangaluru, Karnataka, India