Shobha Asars Private Limited

Jewelry manufacturer and trader with collections including bangles, earrings, necklaces, and more.

2008 | Mumbai, Maharashtra (India) | Under Insolvency
Last Updated: January 18, 2025

Shobha Asars Profile

Key Indicators

  • Authorised Capital ₹ 9.69 Cr
  • Paid Up Capital ₹ 9.60 Cr
  • Company Age 16 Year, 8 Months
  • Last Filing with ROC 31 Mar 2018
  • Open Charges ₹ 30.00 Cr
  • Satisfied Charges ₹ 44.00 Cr
  • Revenue Growth 3.67%
  • Profit Growth 14.95%
  • Ebitda -13.71%
  • Net Worth 3.47%
  • Total Assets 14.33%

About Shobha Asars

Shobha Asars Private Limited (SAPL) is Under Cirp company established on 22 May 2008 with its office registered at Mumbai, Maharashtra, India and has been running since 16 Year, 8 Months with a paid up capital of 9.60 Cr. According to MCA records, 3 Directors are linked to this company as of 18 Jan 2025.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U36996MH2008PTC182521

  • Company No.

    182521

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    22 May 2008

  • Date of AGM

    29 Sep 2018

  • Date of Balance Sheet

    31 Mar 2018

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Consumer Goods

Who are the key members and board of directors at Shobha Asars?

Board Members (3)

Name Designation Appointment Date Status
Haresh Asar Country flag representing In Additional Director 24-Sep-2019 Current
Sidaarth Asar Country flag representing In Director 06-Apr-2018 Current
Shobha Asar Country flag representing In Additional Director 30-Sep-2019 Current

Financial Performance of Shobha Asars.

Shobha Asars Private Limited, for the financial year ended 2018, experienced modest growth in revenue, with a 3.67% increase. The company also saw a substantial improvement in profitability, with a 14.95% increase in profit. The company's net worth moved up by a moderate rise of 3.47%.

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
3.67%
Revenue from Operations
4.15%
Total Assets
14.33%
Profit or Loss
14.95%
Net Worth
3.47%
EBITDA
-13.71%

What is the Ownership and Shareholding Structure of Shobha Asars?

In 2018, Shobha Asars had a promoter holding of 90.00% and a public holding of 10.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹30.00 Cr

Satisfied Charges

₹44.00 Cr

Charges Breakdown by Lending Institutions

  • Others : 30.00 Cr

Latest Charge Details

Date Lender Amount Status
17 Feb 2018 Others ₹30.00 Cr Open
29 Sep 2016 Others ₹22.00 Cr Satisfied
29 Sep 2016 Others ₹2.00 Cr Satisfied
27 Apr 2011 Reliance Home Finance Private Limited ₹7.50 M Satisfied
05 Jan 2009 Kotak Mahindra Bank Limited ₹1.25 Cr Satisfied

How Many Employees Work at Shobha Asars?

Shobha Asars has a workforce of 69 employees as of Apr 04, 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 Shobha Asars, 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 Shobha Asars'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 Shobha Asars

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 30.00 Cr registered on 17 Feb 2018 with Charge ID 100160827 was modified on 16 Dec 2022.

    16 Dec 2022

  • Director Appointment

    Shobha Haresh Asar was appointed as a Additional Director was appointed as a Additional Director on 30 Sep 2019 & has been associated with this company since 5 years 4 months .

    30 Sep 2019

  • Director Appointment

    Haresh Dwarkadas Asar was appointed as a Additional Director was appointed as a Additional Director on 24 Sep 2019 & has been associated with this company since 5 years 4 months .

    24 Sep 2019

  • Annual General Meeting

    Shobha Asars Private Limited last Annual general meeting of members was held on 29 Sep 2018 as per latest MCA records.

    29 Sep 2018

  • Charges

    A charge registered on 29 Sep 2016 via Charge ID 100054324 with Others was fully satisfied on 26 Apr 2018.

    26 Apr 2018

  • Charges

    A charge registered on 29 Sep 2016 via Charge ID 100054326 with Others was fully satisfied on 26 Apr 2018.

    26 Apr 2018

Frequently asked questions

  • Shobha Asars Private Limited was incorporated on 22 May 2008.

  • The authorized share capital of Shobha Asars Private Limited is ₹ 9.69 Cr and paid-up capital is ₹ 9.60 Cr.

  • Currently 3 directors are associated with Shobha Asars Private Limited.

    • Haresh Dwarkadas Asar
    • Sidaarth H Asar
    • Shobha Haresh Asar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Shobha Asars Private Limited is Flat No. 401/402 4Th Floor Prasad Chambers Tata Road No.2 Charni (East) Opera Hous E, Girgaon India, Mumbai, Maharashtra, 400004.

  • The corporate identification number (CIN) of Shobha Asars Private Limited is U36996MH2008PTC182521 and the company number is 182521 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Shobha Asars Private Limited is https://www.shobhaasar.com

  • According to the financial reports for the fiscal year 2018, the revenue trend for Shobha Asars Private Limited has risen by 3.67%.

  • As Per 2018 financial reports, 69 employees are currently employed by Shobha Asars Private Limited.

  • The financial reports for the fiscal year 2018 indicates that The net worth of Shobha Asars Private Limited has experienced an upsurge of 3.47%.

  • As per the financial statements for fiscal Year 2018, The total open charges for Shobha Asars Private Limited amount to ₹ 30.00 Cr.

  • The most recent Balance Sheet for Shobha Asars Private Limited was filed with the ROC on 31 Mar 2018.

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