Smag Retails Profile
Key Indicators
- Authorised Capital ₹ 5.00 M
as on 24-10-2024
- Paid Up Capital ₹ 1.60 M
as on 24-10-2024
- Company Age 16 Year, 8 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 7.35 Cr
as on 24-10-2024
- Satisfied Charges ₹ 6.25 Cr
as on 24-10-2024
- Revenue 8.52%
(FY 2023)
- Profit -330.00%
(FY 2023)
- Ebitda 17.75%
(FY 2023)
- Net Worth -46.31%
(FY 2023)
- Total Assets -8.68%
(FY 2023)
About Smag Retails
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.
- 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
Company Details
- Location
Ludhiana, Punjab, India
- Telephone
- Email Address
- Website
- Social Media
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
- Profit and Loss
- Cash Flow
- Ratios
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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 LimitedActive 14 years 6 monthsAshish Kumar and Vikas Kharbanda are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Hdfc Bank Limited Creation Date: 23 Jan 2024 | ₹3.49 M | Open |
Others Creation Date: 27 Apr 2023 | ₹2.00 Cr | Open |
Others Creation Date: 17 Dec 2016 | ₹5.00 Cr | Open |
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
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.
