Sky Electronics Private Limited

Online retailer offering a wide range of electronics and home appliances under the brand MEPL.

1999 | Mumbai, Maharashtra (India) | Active
Last Updated: February 13, 2025

Sky Electronics Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 4.50 M
  • Company Age 26 Year, 17 Days
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 18.37 Cr
  • Satisfied Charges ₹ 23.50 Cr
  • Revenue Growth -57.38%
  • Profit Growth -98.98%
  • Ebitda -44.28%
  • Net Worth 0.21%
  • Total Assets -13.38%

About Sky Electronics

Sky Electronics Private Limited (SEPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 05 February 1999 and has a history of 26 years. Its registered office is in Mumbai, 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 5.00 M and a paid-up capital of Rs 4.50 M.

The company currently has active open charges totaling ₹18.37 Cr. The company has closed loans amounting to ₹23.50 Cr, as per Ministry of Corporate Affairs (MCA) records.

Sudhir Mhatre, Vijay Mhatre, Ashok Mhatre, and One other member serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    meplsky.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72100MH1999PTC118175

  • Company No.

    118175

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    05 Feb 1999

  • 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 Sky Electronics Private Limited offer?

Sky Electronics Private Limited offers a wide range of products and services, including LED TV, High Definition Television, Domestic Fans, AC & Coolers, Exhaust Fans.

Who are the key members and board of directors at Sky Electronics?

Board Members (4)

NameDesignationAppointment DateStatus
Vivek Mhatre Country flag representing In Director 20-Dec-2021Current
Sudhir Mhatre Country flag representing In Director 05-Feb-1999Current
Vijay Mhatre Country flag representing In Director 05-Feb-1999Current
Ashok Mhatre Country flag representing In Director 05-Feb-1999Current

Financial Performance of Sky Electronics.

Sky Electronics Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 57.38% decrease. The company also saw a substantial fall in profitability, with a 98.98% decrease in profit. The company's net worth moved up by a moderate rise of 0.21%.

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
-57.38%
Revenue from Operations
-57.74%
Total Assets
-13.38%
Profit or Loss
-98.98%
Net Worth
0.21%
EBITDA
-44.28%

What is the Ownership and Shareholding Structure of Sky Electronics?

In 2023, Sky Electronics had a promoter holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹183.70 M

Satisfied Charges

₹235.00 M

Charges Breakdown by Lending Institutions

  • Standard Chartered Bank : 18.37 Cr

Latest Charge Details

DateLenderAmountStatus
30 Sep 2019Standard Chartered Bank₹16.52 CrOpen
15 Mar 2016Standard Chartered Bank₹1.85 CrOpen
24 Aug 2021Others₹2.00 CrSatisfied
28 Mar 2017Others₹12.00 CrSatisfied
23 Mar 2017Others₹5.00 CrSatisfied

How Many Employees Work at Sky Electronics?

Unlock and access historical data on people associated with Sky Electronics, 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 Sky Electronics, 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 Sky Electronics'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 Sky Electronics

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

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

    31 Mar 2023

  • Charges

    A charge with Standard Chartered Bank of Rs. 165.20 M registered on 30 Sep 2019 with Charge ID 100309127 was modified on 28 Oct 2022.

    28 Oct 2022

  • Charges

    A charge registered on 24 Aug 2021 via Charge ID 100494833 with Others was fully satisfied on 18 May 2022.

    18 May 2022

  • Charges

    A charge registered on 28 Mar 2017 via Charge ID 100088822 with Others was fully satisfied on 18 May 2022.

    18 May 2022

  • Director Appointment

    Vivek Vijay Mhatre was appointed as a Director was appointed as a Director on 20 Dec 2021 & has been associated with this company since 3 years 2 months .

    20 Dec 2021

Frequently asked questions

  • Sky Electronics Private Limited was incorporated on 05 Feb 1999.

  • The authorized share capital of Sky Electronics Private Limited is ₹ 5.00 M and paid-up capital is ₹ 4.50 M.

  • Currently 4 directors are associated with Sky Electronics Private Limited.

    • Sudhir Baliram Mhatre
    • Vijay Arjun Mhatre
    • Ashok Baliram Mhatre
    • Vivek Vijay Mhatre
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sky Electronics Private Limited is Cts No 247 Near Raikar Chambers K.D.Road, Deonar India, Mumbai, Maharashtra, 400088.

  • The corporate identification number (CIN) of Sky Electronics Private Limited is U72100MH1999PTC118175 and the company number is 118175 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Sky Electronics Private Limited is https://www.meplsky.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Sky Electronics Private Limited has fallen by -57.38%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Sky Electronics Private Limited has experienced an upsurge of 0.21%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Sky Electronics Private Limited amount to ₹ 18.37 Cr.

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

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