Shop Elect Private Limited

Electrical trading company with wide range of products from top brands, serving various industries through online platform.

2014 | Thane, Maharashtra (India) | Active
Last Updated: July 17, 2024

Shop Elect Profile

Key Indicators

  • Authorised Capital ₹ 1.60 M
  • Paid Up Capital ₹ 1.10 M
  • Company Age 11 Year, 24 Days
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 6.00 Cr
  • Revenue Growth 174.08%
  • Profit Growth 248.28%
  • Ebitda 107.15%
  • Net Worth 154.96%
  • Total Assets -74.60%

About Shop Elect

Shop Elect Private Limited (SEPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 30 January 2014 and has a history of 11 years. Its registered office is in Thane, Maharashtra, India.

The Company is engaged in the E-Commerce 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 1.60 M and a paid-up capital of Rs 1.10 M.

The company has closed loans amounting to ₹6.00 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Taruna Anand, Rohit Anand, and Chanchal Anand serve as directors at the Company.

Company Details

  • Location

    Thane, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    shopelect.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U93000MH2014PTC252633

  • Company No.

    252633

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    30 Jan 2014

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

E-Commerce

What products or services does Shop Elect Private Limited offer?

Shop Elect Private Limited offers a wide range of products and services, including Wires, Electric Cable, Switchgears, DCS Panel, PLC Control Panel.

Who are the key members and board of directors at Shop Elect?

Board Members (3)

NameDesignationAppointment DateStatus
Taruna Anand Country flag representing In Director 20-Feb-2014Current
Rohit Anand Country flag representing In Director 30-Jan-2014Current
Chanchal Anand Country flag representing In Director 30-Jan-2014Current

Financial Performance of Shop Elect.

Shop Elect Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 174.08% increase. The company also saw a substantial improvement in profitability, with a 248.28% increase in profit. The company's net worth Soared by an impressive increase of 154.96%.

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
174.08%
Revenue from Operations
175.51%
Total Assets
-74.60%
Profit or Loss
248.28%
Net Worth
154.96%
EBITDA
107.15%

What is the Ownership and Shareholding Structure of Shop Elect?

In 2022, Shop Elect 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

₹60.00 M

Charges Breakdown by Lending Institutions

  • Others : 5.75 Cr
  • Federal Bank Limited : 0.25 Cr

Latest Charge Details

DateLenderAmountStatus
20 Aug 2019Others₹2.00 CrSatisfied
18 Jan 2019Others₹2.00 CrSatisfied
31 Dec 2015Others₹1.75 CrSatisfied
28 Mar 2014Federal Bank Limited₹2.50 MSatisfied

How Many Employees Work at Shop Elect?

Shop Elect has a workforce of 0 employees as of Apr 05, 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 Shop Elect, 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 Shop Elect'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 Shop Elect

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Shop Elect Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge registered on 20 Aug 2019 via Charge ID 100289302 with Others was fully satisfied on 22 Nov 2022.

    22 Nov 2022

  • Charges

    A charge registered on 31 Dec 2015 via Charge ID 10615743 with Others was fully satisfied on 22 Nov 2022.

    22 Nov 2022

  • Charges

    A charge registered on 18 Jan 2019 via Charge ID 100237400 with Others was fully satisfied on 09 Sep 2019.

    09 Sep 2019

  • Charges

    A charge with Others of Rs. 17.50 M registered on 31 Dec 2015 with Charge ID 10615743 was modified on 09 Sep 2019.

    09 Sep 2019

Frequently asked questions

  • Shop Elect Private Limited was incorporated on 30 Jan 2014.

  • The authorized share capital of Shop Elect Private Limited is ₹ 1.60 M and paid-up capital is ₹ 1.10 M.

  • Currently 3 directors are associated with Shop Elect Private Limited.

    • Taruna Rohit Anand
    • Rohit Gulzarilal Anand
    • Chanchal Gulzarilal Anand
  • As per Ministry of Corporate Affairs (Mca), the registered address of Shop Elect Private Limited is 5 Ground Floor Kasturi Tower Near Three Petrol Pumps Lbs Marg Thane (West), Maharashtra, India, 400602.

  • The corporate identification number (CIN) of Shop Elect Private Limited is U93000MH2014PTC252633 and the company number is 252633 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Shop Elect Private Limited is https://www.shopelect.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Shop Elect Private Limited has risen by 174.08%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Shop Elect Private Limited has experienced an upsurge of 154.96%.

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