Shagun Sutaria Stock Broking Private Limited

Provides brokerage services for mutual funds and trades shares and securities since 2003 in Gujarat.

2003 | Ahmedabad, Gujarat (India) | Active
Last Updated: January 01, 2025

Shagun Sutaria Stock Broking Profile

Key Indicators

  • Authorised Capital ₹ 3.00 M
  • Paid Up Capital ₹ 3.00 M
  • Company Age 21 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 10.00 Cr
  • Revenue Growth 4.21%
  • Profit Growth -22.00%
  • Ebitda 20.24%
  • Net Worth 11.52%
  • Total Assets 17.79%

About Shagun Sutaria Stock Broking

Shagun Sutaria Stock Broking Private Limited (SSSBPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 22 October 2003 and has a history of 21 years and three months. Its registered office is in Ahmedabad, Gujarat, India.

The Corporate was formerly known as Convergence Wealth Management Private Limited. The Company is engaged in the Financial Services Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 3.00 M and a paid-up capital of Rs 3.00 M.

The company has closed loans amounting to ₹10.00 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Shagun Sutaria, Geeta Sutaria, Sandeep Sutaria, and One other member serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U67120GJ2003PTC043095

  • Company No.

    043095

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    22 Oct 2003

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Financial Services

Who are the key members and board of directors at Shagun Sutaria Stock Broking?

Board Members (4)

Name Designation Appointment Date Status
Shagun Sutaria Country flag representing In Director 22-Oct-2003 Current
Geeta Sutaria Country flag representing In Director 22-Oct-2003 Current
Sandeep Sutaria Country flag representing In Director 15-May-2010 Current
Karan Sutaria Country flag representing In Director 11-Oct-2018 Current

Financial Performance of Shagun Sutaria Stock Broking.

Shagun Sutaria Stock Broking Private Limited, for the financial year ended 2022, experienced modest growth in revenue, with a 4.21% increase. The company also saw a substantial fall in profitability, with a 22% decrease in profit. The company's net worth Soared by an impressive increase of 11.52%.

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
4.21%
Revenue from Operations
2.57%
Total Assets
17.79%
Profit or Loss
-22.00%
Net Worth
11.52%
EBITDA
20.24%

What is the Ownership and Shareholding Structure of Shagun Sutaria Stock Broking?

In 2022, Shagun Sutaria Stock Broking had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹100.00 M

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 10.00 Cr

Latest Charge Details

Date Lender Amount Status
28 Jul 2020 Hdfc Bank Limited ₹10.00 Cr Satisfied

How Many Employees Work at Shagun Sutaria Stock Broking?

Unlock and access historical data on people associated with Shagun Sutaria Stock Broking, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Shagun Sutaria Stock Broking, 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 Shagun Sutaria Stock Broking'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 Shagun Sutaria Stock Broking

Recent activity within the organization

  • Annual General Meeting

    Shagun Sutaria Stock Broking Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Shagun Sutaria Stock Broking Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • Charges

    A charge registered on 28 Jul 2020 via Charge ID 100367407 with Hdfc Bank Limited was fully satisfied on 10 Dec 2021.

    10 Dec 2021

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 100.00 M with Charge ID 100367407 was registered on 28 Jul 2020.

    28 Jul 2020

  • Director Appointment

    Karan Shagun Sutaria was appointed as a Director was appointed as a Director on 11 Oct 2018 & has been associated with this company since 6 years 4 months .

    11 Oct 2018

  • Director Appointment

    Sandeep Ranchhodlal Sutaria was appointed as a Director was appointed as a Director on 15 May 2010 & has been associated with this company since 14 years 9 months .

    15 May 2010

Frequently asked questions

  • Shagun Sutaria Stock Broking Private Limited was incorporated on 22 Oct 2003.

  • The authorized share capital of Shagun Sutaria Stock Broking Private Limited is ₹ 3.00 M and paid-up capital is ₹ 3.00 M.

  • Currently 4 directors are associated with Shagun Sutaria Stock Broking Private Limited.

    • Shagun Sandeep Sutaria
    • Geeta Sandeep Sutaria
    • Sandeep Ranchhodlal Sutaria
    • Karan Shagun Sutaria
  • As per Ministry of Corporate Affairs (Mca), the registered address of Shagun Sutaria Stock Broking Private Limited is 158 Vraj Garden Behind Apple Wood S.P.Ring Road Shela, Bopal India, Ahmedabad, Gujarat, 380015.

  • The corporate identification number (CIN) of Shagun Sutaria Stock Broking Private Limited is U67120GJ2003PTC043095 and the company number is 043095 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for Shagun Sutaria Stock Broking Private Limited has risen by 4.21%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Shagun Sutaria Stock Broking Private Limited has experienced an upsurge of 11.52%.

  • The most recent Balance Sheet for Shagun Sutaria Stock Broking Private Limited was filed with the ROC on 31 Mar 2024.

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