Sarthak Innovations Private Limited

Developing high-end residential project with club, villas, row houses, and multi-storey buildings.

2007 | Indore, Madhya Pradesh (India) | Active
Last Updated: November 16, 2024

Sarthak Innovations Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 3.20 Cr
  • Company Age 18 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 11.50 Cr
  • Satisfied Charges ₹ 24.50 Cr
  • Revenue Growth -80.87%
  • Profit Growth 507.52%
  • Ebitda 1190.58%
  • Net Worth 59.57%
  • Total Assets -12.64%

About Sarthak Innovations

Sarthak Innovations Private Limited (SIPL) is a Private Limited Indian Non-Government Company incorporated in India on 02 January 2007 and has a history of 18 years and one month. Its registered office is in Indore, Madhya Pradesh, India.

The Company is engaged in the Real Estate And Construction 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 5.00 Cr and a paid-up capital of Rs 3.20 Cr.

The company currently has active open charges totaling ₹11.50 Cr. The company has closed loans amounting to ₹24.50 Cr, as per Ministry of Corporate Affairs (MCA) records.

Uppal Goyal and Yash Goyal serve as directors at the Company.

Company Details

  • Location

    Indore, Madhya Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    brgreality.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U45202MP2007PTC019176

  • Company No.

    019176

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    02 Jan 2007

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Gwalior

Industry

Real Estate and Construction

Who are the key members and board of directors at Sarthak Innovations?

Board Members (2)

NameDesignationAppointment DateStatus
Uppal Goyal Country flag representing In Director 29-Sep-2018Current
Yash Goyal Country flag representing In Director 29-Sep-2018Current

Financial Performance of Sarthak Innovations.

Sarthak Innovations Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 80.87% decrease. The company also saw a substantial improvement in profitability, with a 507.52% increase in profit. The company's net worth Soared by an impressive increase of 59.57%.

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
-80.87%
Revenue from Operations
-80.93%
Total Assets
-12.64%
Profit or Loss
507.52%
Net Worth
59.57%
EBITDA
1190.58%

What is the Ownership and Shareholding Structure of Sarthak Innovations?

In 2023, Sarthak Innovations had a promoter holding of 64.22% and a public holding of 35.78%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹11.50 Cr

Satisfied Charges

₹24.50 Cr

Charges Breakdown by Lending Institutions

  • Tata Capital Housing Finance Limited : 11.50 Cr

Latest Charge Details

DateLenderAmountStatus
09 Oct 2017Tata Capital Housing Finance Limited₹11.50 CrOpen
15 Apr 2015India Infoline Housing Finance Ltd.₹12.50 CrSatisfied
03 Oct 2012State Bank Of India₹12.00 CrSatisfied

How Many Employees Work at Sarthak Innovations?

Sarthak Innovations has a workforce of 2 employees as of Apr 01, 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 Sarthak Innovations, 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 Sarthak Innovations'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 Sarthak Innovations

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Sarthak Innovations Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Gwalior.

    31 Mar 2023

  • Director Appointment

    Uppal Goyal was appointed as a Director was appointed as a Director on 29 Sep 2018 & has been associated with this company since 6 years 4 months .

    29 Sep 2018

  • Director Appointment

    Yash Goyal was appointed as a Director was appointed as a Director on 29 Sep 2018 & has been associated with this company since 6 years 4 months .

    29 Sep 2018

  • Charges

    A charge with Tata Capital Housing Finance Limited of Rs. 11.50 Cr registered on 09 Oct 2017 with Charge ID 100135324 was modified on 04 Aug 2018.

    04 Aug 2018

  • Charges

    A charge registered on 15 Apr 2015 via Charge ID 10563894 with India Infoline Housing Finance Ltd. was fully satisfied on 31 Jul 2018.

    31 Jul 2018

Frequently asked questions

  • Sarthak Innovations Private Limited was incorporated on 02 Jan 2007.

  • The authorized share capital of Sarthak Innovations Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 3.20 Cr.

  • Currently 2 directors are associated with Sarthak Innovations Private Limited.

    • Uppal Goyal
    • Yash Goyal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sarthak Innovations Private Limited is Khasra No.173/20 Talawali Chanda Near Laurels School International, Dewasn Aka India, Indore, Madhya Pradesh, 452010.

  • The corporate identification number (CIN) of Sarthak Innovations Private Limited is U45202MP2007PTC019176 and the company number is 019176 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Sarthak Innovations Private Limited is https://www.brgreality.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Sarthak Innovations Private Limited has fallen by -80.87%.

  • As Per 2023 financial reports, 2 employees are currently employed by Sarthak Innovations Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Sarthak Innovations Private Limited has experienced an upsurge of 59.57%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Sarthak Innovations Private Limited amount to ₹ 11.50 Cr.

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

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