Sharacs Consultancy Service Private Limited

Provides data processing and information services in India and globally since 1979.

1979 | Mumbai-400 021., Maharashtra (India) | Active
Last Updated: January 01, 2025

Sharacs Consultancy Service Profile

Key Indicators

  • Authorised Capital ₹ 0.20 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 45 Year, 2 Months
  • Last Filing with ROC 31 Mar 2016
  • Open Charges ₹ 34.42 Cr
  • Satisfied Charges ₹ 7.60 Cr
  • Revenue Growth -12.11%
  • Profit Growth -4.32%
  • Ebitda 37.75%
  • Net Worth 6.87%
  • Total Assets 8.51%

About Sharacs Consultancy Service

Sharacs Consultancy Service Private Limited (SCSPL) is a Private Limited Indian Non-Government Company incorporated in India on 05 December 1979 and has a history of 45 years and two months. Its registered office is in Mumbai-400 021., Maharashtra.

The Company is engaged in the Information Technology Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2016. It's a company limited by shares with an authorized capital of Rs 0.20 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹34.42 Cr. The company has closed loans amounting to ₹7.60 Cr, as per Ministry of Corporate Affairs (MCA) records.

Bhagyalakshmi Rao and Govind Rao serve as directors at the Company.

Company Details

  • Location
    Mumbai-400 021., Maharashtra
  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U72300MH1979PTC021964

  • Company No.

    021964

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    05 Dec 1979

  • Date of AGM

    30 Sep 2016

  • Date of Balance Sheet

    31 Mar 2016

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Information Technology

Who are the key members and board of directors at Sharacs Consultancy Service?

Board Members (2)

Name Designation Appointment Date Status
Bhagyalakshmi Rao Country flag representing In Director 05-Dec-1979 Current
Govind Rao Country flag representing In Director 05-Dec-1979 Current

Financial Performance of Sharacs Consultancy Service.

Sharacs Consultancy Service Private Limited, for the financial year ended 2016, experienced significant reduction in revenue, with a 12.11% decrease. The company also saw a slight decrease in profitability, with a 4.32% decrease in profit. The company's net worth moved up by a moderate rise of 6.87%.

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
-12.11%
Revenue from Operations
Total Assets
8.51%
Profit or Loss
-4.32%
Net Worth
6.87%
EBITDA
37.75%

What is the Ownership and Shareholding Structure of Sharacs Consultancy Service?

In 2016, Sharacs Consultancy Service 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

₹344.20 M

Satisfied Charges

₹76.00 M

Charges Breakdown by Lending Institutions

  • The Saraswat Co-Operative Bank Ltd : 14.29 Cr
  • Standard Chartered Bank : 9.78 Cr
  • Ecl Finance Limited : 8.25 Cr
  • Fullerton India Credit Company Limited : 2.10 Cr

Latest Charge Details

Date Lender Amount Status
06 May 2015 Fullerton India Credit Company Limited ₹2.10 Cr Open
31 Mar 2014 Standard Chartered Bank ₹9.78 Cr Open
25 Oct 2012 Ecl Finance Limited ₹8.25 Cr Open
26 Jun 1984 The Saraswat Co-Operative Bank Ltd ₹14.29 Cr Open
29 Nov 2010 Hdfc Bank Limited ₹4.50 Cr Satisfied

How Many Employees Work at Sharacs Consultancy Service?

Unlock and access historical data on people associated with Sharacs Consultancy Service, 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 Sharacs Consultancy Service, 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 Sharacs Consultancy Service'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 Sharacs Consultancy Service

Recent activity within the organization

  • Annual General Meeting

    Sharacs Consultancy Service Private Limited last Annual general meeting of members was held on 30 Sep 2016 as per latest MCA records.

    30 Sep 2016

  • Balance Sheet

    Sharacs Consultancy Service Private Limited has filed its annual Financial statements for the year ended 31 Mar 2016 with Roc Mumbai.

    31 Mar 2016

  • Charges

    A charge with Fullerton India Credit Company Limited amounted to Rs. 21.00 M with Charge ID 10567197 was registered on 06 May 2015.

    06 May 2015

  • Charges

    A charge with Standard Chartered Bank amounted to Rs. 97.80 M with Charge ID 10493116 was registered on 31 Mar 2014.

    31 Mar 2014

  • Charges

    A charge registered on 07 Apr 2010 via Charge ID 10222359 with Citi Bank N.A. was fully satisfied on 13 Nov 2013.

    13 Nov 2013

  • Charges

    A charge with Ecl Finance Limited of Rs. 82.50 M registered on 25 Oct 2012 with Charge ID 10383667 was modified on 31 Oct 2012.

    31 Oct 2012

Recent News, Updates & Announcement

  • News icon
    Tata Communications Takes Action Against Sharepro Services for Dividend Scam.

    When Tata Communications found out Sharepro Services was doing shady stuff with their securities, they filed a complaint with the EoW. Sebi also complained and banned Sharepro from the securities market. Turns out, Sharepro was transferring dividends to their own people instead of the rightful owners. One of the owners is the husband of Sharepro's vice-president. Tata Communications lost almost ₹14 lakh because of this. Sharepro's managing director, G.R. Rao, couldn't be reached for comment..

    26 Aug 2016 mint

Frequently asked questions

  • Sharacs Consultancy Service Private Limited was incorporated on 05 Dec 1979.

  • The authorized share capital of Sharacs Consultancy Service Private Limited is ₹ 0.20 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Sharacs Consultancy Service Private Limited.

    • Bhagyalakshmi G Rao
    • Govind Raj Rao
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sharacs Consultancy Service Private Limited is Rahaja Centre 9Th Floor Office No.912 Opp. Sachivalaya Nariman Point, India, Mumbai-400 021., Maharashtra.

  • The corporate identification number (CIN) of Sharacs Consultancy Service Private Limited is U72300MH1979PTC021964 and the company number is 021964 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Sharacs Consultancy Service Private Limited is https://www.shareproservices.com

  • According to the financial reports for the fiscal year 2016, the revenue trend for Sharacs Consultancy Service Private Limited has fallen by -12.11%.

  • The financial reports for the fiscal year 2016 indicates that The net worth of Sharacs Consultancy Service Private Limited has experienced an upsurge of 6.87%.

  • As per the financial statements for fiscal Year 2016, The total open charges for Sharacs Consultancy Service Private Limited amount to ₹ 34.42 Cr.

  • The most recent Balance Sheet for Sharacs Consultancy Service Private Limited was filed with the ROC on 31 Mar 2016.