Sofi Bags And Novelties Private Limited

Manufactures and trades bags and novelties under brand 'Sofi'.

1994 | Nagpur, Maharashtra (India) | Active
Last Updated: November 15, 2024

Sofi Bags And Novelties Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.50 M
  • Company Age 31 Year, 23 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.30 Cr
  • Revenue Growth -21.97%
  • Profit Growth -41.96%
  • Ebitda 11.28%
  • Net Worth 4.05%
  • Total Assets -0.68%

About Sofi Bags And Novelties

Sofi Bags And Novelties Private Limited (SBANPL) is a Private Limited Indian Non-Government Company incorporated in India on 03 February 1994 and has a history of 31 years. Its registered office is in Nagpur, Maharashtra, India.

The Company is engaged in the Home & Lifestyle Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 0.50 M and a paid-up capital of Rs 0.50 M.

The company currently has active open charges totaling ₹1.30 Cr.

Mohammad Salim and Mohammad Salim serve as directors at the Company.

Company Details

  • Location

    Nagpur, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    sofibags.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U19100MH1994PTC076398

  • Company No.

    076398

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    03 Feb 1994

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Home & Lifestyle

What products or services does Sofi Bags And Novelties Private Limited offer?

Sofi Bags And Novelties Private Limited offers a wide range of products and services, including Cufflink, Buttons, Zippers & Buckles, Zipper Parts, Carry Bags and Multiutility Bags & Pouches, School Bags, Bags, Cotton, Jute & Canvas Bags, Canvas Bags, Trolley Bag, Luggage Trolley Bag, Kids School Bag.

Who are the key members and board of directors at Sofi Bags And Novelties?

Board Members (2)

NameDesignationAppointment DateStatus
Mohammad Salim Country flag representing In Director 21-Oct-2019Current
Mohammad Salim Country flag representing In Director 22-Oct-2019Current

Financial Performance of Sofi Bags And Novelties.

Sofi Bags And Novelties Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 21.97% decrease. The company also saw a substantial fall in profitability, with a 41.96% decrease in profit. The company's net worth moved up by a moderate rise of 4.05%.

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
-21.97%
Revenue from Operations
-21.04%
Total Assets
-0.68%
Profit or Loss
-41.96%
Net Worth
4.05%
EBITDA
11.28%

What is the Ownership and Shareholding Structure of Sofi Bags And Novelties?

In 2023, Sofi Bags And Novelties had a promoter holding of 79.00% and a public holding of 21.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹13.00 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Union Bank Of India : 1.30 Cr

Latest Charge Details

DateLenderAmountStatus
03 May 2014Union Bank Of India₹8.00 MOpen
25 Oct 2008Union Bank Of India₹2.50 MOpen
06 Mar 1999Union Bank Of India₹2.50 MOpen

How Many Employees Work at Sofi Bags And Novelties?

Unlock and access historical data on people associated with Sofi Bags And Novelties, 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 Sofi Bags And Novelties, 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 Sofi Bags And Novelties'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 Sofi Bags And Novelties

Recent activity within the organization

  • Annual General Meeting

    Sofi Bags And Novelties Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Sofi Bags And Novelties Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Director Appointment

    Mohammad Sohail Abdul Abdul Salim was appointed as a Director was appointed as a Director on 22 Oct 2019 & has been associated with this company since 5 years 4 months .

    22 Oct 2019

  • Director Appointment

    Mohammad Shadab Abdul Salim was appointed as a Director was appointed as a Director on 21 Oct 2019 & has been associated with this company since 5 years 4 months .

    21 Oct 2019

  • Charges

    A charge with Union Bank Of India amounted to Rs. 8.00 M with Charge ID 10524591 was registered on 03 May 2014.

    03 May 2014

  • Charges

    A charge with Union Bank Of India of Rs. 2.50 M registered on 06 Mar 1999 with Charge ID 90157112 was modified on 06 Nov 2008.

    06 Nov 2008

Frequently asked questions

  • Sofi Bags And Novelties Private Limited was incorporated on 03 Feb 1994.

  • The authorized share capital of Sofi Bags And Novelties Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.50 M.

  • Currently 2 directors are associated with Sofi Bags And Novelties Private Limited.

    • Mohammad Shadab Abdul Salim
    • Mohammad Sohail Abdul Abdul Salim
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sofi Bags And Novelties Private Limited is Ganji Peth Ganesh Chowk, India, Nagpur, Maharashtra, 440018.

  • The corporate identification number (CIN) of Sofi Bags And Novelties Private Limited is U19100MH1994PTC076398 and the company number is 076398 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Sofi Bags And Novelties Private Limited is https://www.sofibags.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Sofi Bags And Novelties Private Limited has fallen by -21.97%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Sofi Bags And Novelties Private Limited has experienced an upsurge of 4.05%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Sofi Bags And Novelties Private Limited amount to ₹ 1.30 Cr.

  • The most recent Balance Sheet for Sofi Bags And Novelties Private Limited was filed with the ROC on 31 Mar 2024.

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