Shinag Allied Enterprises Private Limited

Manufacturer of metal household articles and kitchen appliances, established in 2017 in Karnataka.

2017 | Ramanagar, Karnataka (India) | Active
Last Updated: December 24, 2024

Shinag Allied Enterprises Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 5.00 M
  • Company Age 7 Year, 11 Months
  • Last Filing with ROC 31 Mar 2020
  • Open Charges ₹ 10.95 Cr
  • Revenue Growth -42.77%
  • Profit Growth 45.18%
  • Ebitda 32.67%
  • Net Worth -32.10%
  • Total Assets 0.79%

About Shinag Allied Enterprises

Shinag Allied Enterprises Private Limited (SAEPL) is a Private Limited Indian Non-Government Company incorporated in India on 01 March 2017 (Seven years and 11 months 27 days old ). Its registered office is in Ramanagar, Karnataka, India.

The Company is engaged in the Home & Lifestyle Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2020. It's a company limited by shares with an authorized capital of Rs 1.00 Cr and a paid-up capital of Rs 5.00 M.

The company currently has active open charges totaling ₹10.95 Cr.

Sanjay Gandhi, Karishma Jain, and Bhushan Gandhi serve as directors at the Company.

Company Details

  • Location

    Ramanagar, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    shinag.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U28994KA2017PTC100965

  • Company No.

    100965

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    01 Mar 2017

  • Date of AGM

    31 Dec 2020

  • Date of Balance Sheet

    31 Mar 2020

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Home & Lifestyle

What products or services does Shinag Allied Enterprises Private Limited offer?

Shinag Allied Enterprises Private Limited offers a wide range of products and services, including Hotel & Commercial Cooking Equipment, Commercial Kitchen Equipments, Induction Cooktops, Hobs & Burners, Gas Stoves, Cookware and Cooking Utensils, Cookware, Cooking Stove, Stove Parts, Cooking Pan, Kitchen Hot Plates.

Who are the key members and board of directors at Shinag Allied Enterprises?

Board Members (3)

NameDesignationAppointment DateStatus
Sanjay Gandhi Country flag representing In Director 13-Mar-2020Current
Karishma Jain Country flag representing In Director 01-Mar-2017Current
Bhushan Gandhi Country flag representing In Director 01-Mar-2017Current

Financial Performance of Shinag Allied Enterprises.

Shinag Allied Enterprises Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 42.77% decrease. The company also saw a substantial improvement in profitability, with a 45.18% increase in profit. The company's net worth observed a substantial decline by a decrease of 32.1%.

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
-42.77%
Revenue from Operations
-42.51%
Total Assets
0.79%
Profit or Loss
45.18%
Net Worth
-32.10%
EBITDA
32.67%

What is the Ownership and Shareholding Structure of Shinag Allied Enterprises?

In 2020, Shinag Allied Enterprises 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

₹10.95 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • State Bank Of India : 10.95 Cr

Latest Charge Details

DateLenderAmountStatus
31 Aug 2017State Bank Of India₹10.95 CrOpen

How Many Employees Work at Shinag Allied Enterprises?

Shinag Allied Enterprises has a workforce of 82 employees as of Mar 22, 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 Shinag Allied Enterprises, 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 Shinag Allied Enterprises'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 Shinag Allied Enterprises

Recent activity within the organization

  • Annual General Meeting

    Shinag Allied Enterprises Private Limited last Annual general meeting of members was held on 31 Dec 2020 as per latest MCA records.

    31 Dec 2020

  • Charges

    A charge with State Bank Of India of Rs. 10.95 Cr registered on 31 Aug 2017 with Charge ID 100139375 was modified on 14 Jul 2020.

    14 Jul 2020

  • Balance Sheet

    Shinag Allied Enterprises Private Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Bangalore.

    31 Mar 2020

  • Director Appointment

    Sanjay Jugraj Gandhi was appointed as a Director was appointed as a Director on 13 Mar 2020 & has been associated with this company since 4 years 11 months .

    13 Mar 2020

  • Charges

    A charge with State Bank Of India amounted to Rs. 10.95 Cr with Charge ID 100139375 was registered on 31 Aug 2017.

    31 Aug 2017

  • Director Appointment

    Karishma Sagarmal Jain was appointed as a Director was appointed as a Director on 01 Mar 2017 & has been associated with this company since 7 years 11 months .

    01 Mar 2017

Frequently asked questions

  • Shinag Allied Enterprises Private Limited was incorporated on 01 Mar 2017.

  • The authorized share capital of Shinag Allied Enterprises Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 5.00 M.

  • Currently 3 directors are associated with Shinag Allied Enterprises Private Limited.

    • Sanjay Jugraj Gandhi
    • Karishma Sagarmal Jain
    • Bhushan Gandhi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Shinag Allied Enterprises Private Limited is Khata No 141/117/A Sy No.215/4 Gabbadi Village, Kanakapura Taluk India, Harohalli HobliRamanagar, Karnataka, 562112.

  • The corporate identification number (CIN) of Shinag Allied Enterprises Private Limited is U28994KA2017PTC100965 and the company number is 100965 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Shinag Allied Enterprises Private Limited is https://www.shinag.com

  • According to the financial reports for the fiscal year 2020, the revenue trend for Shinag Allied Enterprises Private Limited has fallen by -42.77%.

  • As Per 2020 financial reports, 82 employees are currently employed by Shinag Allied Enterprises Private Limited.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Shinag Allied Enterprises Private Limited has experienced an downturn of -32.10%.

  • As per the financial statements for fiscal Year 2020, The total open charges for Shinag Allied Enterprises Private Limited amount to ₹ 10.95 Cr.

  • The most recent Balance Sheet for Shinag Allied Enterprises Private Limited was filed with the ROC on 31 Mar 2020.

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