Sangeetha Mobiles Private Limited

Leading multi-brand mobile retailer in South India with online portal and repair services.

2008 | Bangaluru, Karnataka (India) | Active
Last Updated: October 24, 2024

Sangeetha Mobiles Profile

Key Indicators

  • Authorised Capital ₹ 4.60 Cr
  • Paid Up Capital ₹ 4.60 Cr
  • Company Age 16 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 165.00 Cr
  • Satisfied Charges ₹ 274.20 Cr
  • Revenue Growth 13.05%
  • Profit Growth -22.89%
  • Ebitda -2.63%
  • Net Worth 11.75%
  • Total Assets -6.24%

About Sangeetha Mobiles

Sangeetha Mobiles Private Limited (SMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 21 August 2008 and has a history of 16 years and six months. Its registered office is in Bangaluru, Karnataka, India.

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 4.60 Cr and a paid-up capital of Rs 4.60 Cr.

The company currently has active open charges totaling ₹165.00 Cr. The company has closed loans amounting to ₹274.20 Cr, as per Ministry of Corporate Affairs (MCA) records.

Lakku Chandra, Lukku Bharathi, and Narayana Lakkupenchala serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U51909KA2008PTC047525

  • Company No.

    047525

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    21 Aug 2008

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Consumer Electronics & Durables

Who are the key members and board of directors at Sangeetha Mobiles?

Executive Team (1)

NameDesignationAppointment DateStatus
Lakku Chandra Country flag representing In Managing Director21-Aug-2008Current

Board Members (2)

NameDesignationAppointment DateStatus
Lukku Bharathi Country flag representing In Director 21-Aug-2008Current
Narayana Lakkupenchala Country flag representing In Whole-Time Director 21-Aug-2008Current

Financial Performance of Sangeetha Mobiles.

Sangeetha Mobiles Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 13.05% increase. The company also saw a substantial fall in profitability, with a 22.89% decrease in profit. The company's net worth Soared by an impressive increase of 11.75%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
13.05%
Revenue from Operations
13.12%
Total Assets
-6.24%
Profit or Loss
-22.89%
Net Worth
11.75%
EBITDA
-2.63%

What is the Ownership and Shareholding Structure of Sangeetha Mobiles?

In 2023, Sangeetha Mobiles had a promoter holding of 100.00%. The company had 2 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹165.00 Cr

Satisfied Charges

₹274.20 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 70.00 Cr
  • Standard Chartered Bank : 40.00 Cr
  • State Bank Of India : 25.00 Cr
  • Others : 20.00 Cr
  • Axis Bank Limited : 10.00 Cr

Latest Charge Details

DateLenderAmountStatus
06 Jul 2021Others₹20.00 CrOpen
09 Mar 2021State Bank Of India₹25.00 CrOpen
29 Apr 2019Hdfc Bank Limited₹70.00 CrOpen
17 Dec 2018Axis Bank Limited₹10.00 CrOpen
14 Aug 2013Standard Chartered Bank₹40.00 CrOpen

How Many Employees Work at Sangeetha Mobiles?

Sangeetha Mobiles has a workforce of 258 employees as of Apr 07, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Sangeetha Mobiles, 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 Sangeetha Mobiles's trajectory.

Rating

Graph displaying rating trends over time

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

Alert Indicator

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 Sangeetha Mobiles

Recent activity within the organization

  • Annual General Meeting

    Sangeetha Mobiles Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Sangeetha Mobiles Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Charges

    A charge with Standard Chartered Bank of Rs. 40.00 Cr registered on 14 Aug 2013 with Charge ID 10450101 was modified on 31 May 2022.

    31 May 2022

  • Charges

    A charge with Axis Bank Limited of Rs. 10.00 Cr registered on 17 Dec 2018 with Charge ID 100230181 was modified on 02 Mar 2022.

    02 Mar 2022

  • Charges

    A charge with Others of Rs. 20.00 Cr registered on 06 Jul 2021 with Charge ID 100465239 was modified on 24 Jan 2022.

    24 Jan 2022

  • Charges

    A charge with Hdfc Bank Limited of Rs. 70.00 Cr registered on 29 Apr 2019 with Charge ID 100259250 was modified on 24 Jan 2022.

    24 Jan 2022

Recent News, Updates & Announcement

Frequently asked questions

  • Sangeetha Mobiles Private Limited was incorporated on 21 Aug 2008.

  • The authorized share capital of Sangeetha Mobiles Private Limited is ₹ 4.60 Cr and paid-up capital is ₹ 4.60 Cr.

  • Currently 3 directors are associated with Sangeetha Mobiles Private Limited.

    • Lakku Subhash Chandra
    • Lukku Bharathi
    • Narayana Reddy Lakkupenchala
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sangeetha Mobiles Private Limited is 1183 22Nd 'A' Cross Banashankari 2Nd Stage, India, Bangalore, Karnataka, 560070.

  • The corporate identification number (CIN) of Sangeetha Mobiles Private Limited is U51909KA2008PTC047525 and the company number is 047525 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Sangeetha Mobiles Private Limited is https://www.sangeethamobiles.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Sangeetha Mobiles Private Limited has risen by 13.05%.

  • As Per 2023 financial reports, 258 employees are currently employed by Sangeetha Mobiles Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Sangeetha Mobiles Private Limited has experienced an upsurge of 11.75%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Sangeetha Mobiles Private Limited amount to ₹ 165.00 Cr.

  • The most recent Balance Sheet for Sangeetha Mobiles Private Limited was filed with the ROC on 31 Mar 2023.