Smag Retails Profile
Key Indicators
- Authorised Capital ₹ 5.00 M
- Paid Up Capital ₹ 1.60 M
- Company Age 16 Year, 10 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 7.35 Cr
- Satisfied Charges ₹ 6.25 Cr
- Revenue Growth 8.52%
- Profit Growth -330.00%
- Ebitda 17.75%
- Net Worth -46.31%
- Total Assets -8.68%
About Smag Retails
Smag Retails Private Limited (SRPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 28 March 2008 and has a history of 16 years and ten months. Its registered office is in Ludhiana, Punjab, India.
The Company is engaged in the Fashion And Textile 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 1.60 M.
The company currently has active open charges totaling ₹7.35 Cr. The company has closed loans amounting to ₹6.25 Cr, as per Ministry of Corporate Affairs (MCA) records.
Ashish Kumar, Vikas Kharbanda, and Rajeev Kumar serve as directors at the Company.
Company Details
- Location
Ludhiana, Punjab, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U18101PB2008PTC031796
- Company No.
031796
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
28 Mar 2008
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Chandigarh
Industry
Who are the key members and board of directors at Smag Retails?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Vikas Kharbanda  | Managing Director | 28-Mar-2008 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Rajeev Kumar | Whole-Time Director | 28-Mar-2008 | Current |
| Ashish Kumar | Whole-Time Director | 28-Mar-2008 | Current |
Financial Performance of Smag Retails.
Smag Retails Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 8.52% increase. The company also saw a substantial fall in profitability, with a 330% decrease in profit. The company's net worth observed a substantial decline by a decrease of 46.31%.
- Key Matrics
- Balance Sheet
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- Cash Flow
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What is the Ownership and Shareholding Structure of Smag Retails?
In 2023, Smag Retails had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Saggi Knits Private LimitedAshish Kumar and Vikas Kharbanda are mutual person
Charges (Loans)
₹73.49 M
₹62.50 M
Charges Breakdown by Lending Institutions
- Others : 7.00 Cr
- Hdfc Bank Limited : 0.35 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 23 Jan 2024 | Hdfc Bank Limited | ₹3.49 M | Open |
| 27 Apr 2023 | Others | ₹2.00 Cr | Open |
| 17 Dec 2016 | Others | ₹5.00 Cr | Open |
| 16 Feb 2012 | Indusind Bank Ltd. | ₹4.50 Cr | Satisfied |
| 03 Nov 2008 | Hdfc Bank Limited | ₹1.75 Cr | Satisfied |
How Many Employees Work at Smag Retails?
Smag Retails has a workforce of 24 employees as of Apr 09, 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 Smag Retails, 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 Smag Retails'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
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