Skytone Electricals (India) Profile
Key Indicators
- Authorised Capital ₹ 6.00 Cr
as on 26-12-2024
- Paid Up Capital ₹ 3.40 Cr
as on 26-12-2024
- Company Age 26 Year, 10 Months
- Last Filing with ROC 31 Mar 2019
- Open Charges ₹ 38.38 Cr
as on 26-12-2024
- Satisfied Charges ₹ 30.53 Cr
as on 26-12-2024
- Revenue -85.26%
(FY 2019)
- Profit 45.73%
(FY 2019)
- Ebitda -53.36%
(FY 2019)
- Net Worth -81.76%
(FY 2019)
- Total Assets -17.94%
(FY 2019)
About Skytone Electricals (India)
The Company is engaged in the Manufacturing Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2019. It's a company limited by shares with an authorized capital of Rs 6.00 Cr and a paid-up capital of Rs 3.40 Cr.
The company currently has active open charges totaling ₹38.38 Cr. The company has closed loans amounting to ₹30.53 Cr, as per Ministry of Corporate Affairs (MCA) records.
Davinder Sethi, Harvinder Sethi, and Amrit Kaur serve as directors at the Company.
- CIN/LLPIN
U31300DL1998PLC092724
- Company No.
092724
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
12 Mar 1998
- Date of AGM
30 Sep 2019
- Date of Balance Sheet
31 Mar 2019
- Listing Status
Unlisted
- ROC Code
Roc Delhi
Industry
Company Details
- Location
Delhi, India
- Telephone
- Email Address
- Website
- Social Media-
Who are the key members and board of directors at Skytone Electricals (India)?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Davinder Sethi  | Managing Director | 12-Mar-1998 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Harvinder Sethi | Director | 12-Mar-1998 | Current |
| Amrit Kaur | Director | 01-Apr-2017 | Current |
Financial Performance of Skytone Electricals (India).
Skytone Electricals (India) Limited, for the financial year ended 2019, experienced significant reduction in revenue, with a 85.26% decrease. The company also saw a substantial improvement in profitability, with a 45.73% increase in profit. The company's net worth observed a substantial decline by a decrease of 81.76%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Skytone Electricals (India)?
In 2019, Skytone Electricals (India) had a promoter holding of 100.00%. The company had 2 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Skytone Cables Pvt LtdActive 43 years 8 monthsDavinder Sethi, Harvinder Sethi and 1 more are mutual person
Charges (Loans)
₹38.38 Cr
₹30.53 Cr
Charges Breakdown by Lending Institutions
- Canara Bank : 33.00 Cr
- Sidbi : 4.90 Cr
- The Bank Of Nova Scotia : 0.48 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 17 Nov 2005 | Sidbi | ₹4.90 Cr | Open |
| 10 Jul 2002 | The Bank Of Nova Scotia | ₹1.11 M | Open |
| 19 Apr 2002 | The Bank Of Nova Scotia | ₹3.73 M | Open |
| 09 May 2000 | Canara Bank | ₹33.00 Cr | Open |
| 23 Dec 2006 | Canara Bank | ₹1.00 Cr | Satisfied |
How Many Employees Work at Skytone Electricals (India)?
Skytone Electricals (India) has a workforce of 1 employees as of Apr 03, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Skytone Electricals (India), 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 Skytone Electricals (India)'s trajectory.
Rating
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
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.
