Sargam Musical Instruments Profile
Key Indicators
- Authorised Capital ₹ 1.10 M
- Paid Up Capital ₹ 1.10 M
- Company Age 13 Year, 7 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 1.61 Cr
- Satisfied Charges ₹ 1.48 Cr
- Revenue Growth 0.35%
- Profit Growth 1.29%
- Ebitda -8.77%
- Net Worth 25.15%
- Total Assets 46.41%
About Sargam Musical Instruments
Sargam Musical Instruments Limited (SMIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 14 July 2011 and has a history of 13 years and seven months. Its registered office is in Ahmedabad, Gujarat, India.
The Company is engaged in the Manufacturing 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 1.10 M and a paid-up capital of Rs 1.10 M.
The company currently has active open charges totaling ₹1.61 Cr. The company has closed loans amounting to ₹1.48 Cr, as per Ministry of Corporate Affairs (MCA) records.
Madhuben Rathod, Kalpesh Thakar, Neenaben Thakar, and One other member serve as directors at the Company.
Company Details
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Location
Ahmedabad, Gujarat, India
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Telephone
+91-XXXXXXXXXX
- Email Address
- Website
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Social Media
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Corporate Identity Details
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CIN/LLPIN
U36920GJ2011PLC066335
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Company No.
066335
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Company Classification
Public Limited Indian Non-Government Company
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Incorporation Date
14 Jul 2011
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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 Sargam Musical Instruments Limited offer?
Sargam Musical Instruments Limited offers a wide range of products and services, including Guitar, Acoustic Guitar, Cort Bass Guitar, Electronic Musical Instruments, Electronic Tanpura, Musical Drums, Drum Set, Ibanez Guitar, Electric Guitar, Keyboard Instruments.
Who are the key members and board of directors at Sargam Musical Instruments?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Madhuben Rathod
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Director | 23-Jan-2012 | Current |
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Kalpesh Thakar
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Director | 23-Jul-2013 | Current |
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Neenaben Thakar
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Director | 26-Sep-2015 | Current |
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Zenisha Thakr
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Director | 08-Mar-2022 | Current |
Financial Performance of Sargam Musical Instruments.
Sargam Musical Instruments Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 0.35% increase. The company also saw a slight improvement in profitability, with a 1.29% increase in profit. The company's net worth Soared by an impressive increase of 25.15%.
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What is the Ownership and Shareholding Structure of Sargam Musical Instruments?
In 2021, Sargam Musical Instruments had a promoter holding of 94.64% and a public holding of 5.36%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
₹16.09 M
₹14.80 M
Charges Breakdown by Lending Institutions
- Others : 1.61 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Jun 2020 | Others | ₹8.56 M | Open |
| 04 Oct 2018 | Others | ₹4.73 M | Open |
| 04 Oct 2018 | Others | ₹2.80 M | Open |
| 07 Dec 2019 | Others | ₹1.28 Cr | Satisfied |
| 13 Sep 2019 | Others | ₹2.00 M | Satisfied |
How Many Employees Work at Sargam Musical Instruments?
Unlock and access historical data on people associated with Sargam Musical Instruments, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Sargam Musical Instruments, 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 Sargam Musical Instruments'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.
