Sonawala Industries Private Limited

Trading silver and gold, manufacturing and selling chemical products, and operating as a wholesale and retail chemist.

1939 | Mumbai, Maharashtra (India) | Active
Last Updated: July 25, 2024

Sonawala Industries Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 2.01 M
  • Company Age 85 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 1.07 Cr
  • Satisfied Charges ₹ 6.00 M
  • Revenue Growth 10.35%
  • Profit Growth -107.44%
  • Ebitda -82.83%
  • Net Worth -0.87%
  • Total Assets 58.10%

About Sonawala Industries

Sonawala Industries Private Limited (SIPL) was founded in India on 09 November 1939 and has a glorious history of 85 years and three months. Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Consumer Goods 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 1.00 Cr and a paid-up capital of Rs 2.01 M.

The company currently has active open charges totaling ₹1.07 Cr. The company has closed loans amounting to ₹6.00 M, as per Ministry of Corporate Affairs (MCA) records.

Mukul Sonawala, Anshul Sonawala, and Preeta Sonawala serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U24110MH1939PTC003024

  • Company No.

    003024

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    09 Nov 1939

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Consumer Goods

Who are the key members and board of directors at Sonawala Industries?

Board Members (3)

NameDesignationAppointment DateStatus
Mukul Sonawala Country flag representing In Director 30-Oct-1976Current
Anshul Sonawala Country flag representing In Director 01-Aug-2005Current
Preeta Sonawala Country flag representing In Director 01-Apr-2022Current

Financial Performance of Sonawala Industries.

Sonawala Industries Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 10.35% increase. The company also saw a substantial fall in profitability, with a 107.44% decrease in profit. The company's net worth dipped by a decrease of 0.87%.

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
10.35%
Revenue from Operations
10.22%
Total Assets
58.10%
Profit or Loss
-107.44%
Net Worth
-0.87%
EBITDA
-82.83%

What is the Ownership and Shareholding Structure of Sonawala Industries?

In 2023, Sonawala Industries had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹1.07 Cr

Satisfied Charges

₹0.60 Cr

Charges Breakdown by Lending Institutions

  • Others : 0.70 Cr
  • Axis Bank Limited : 0.37 Cr

Latest Charge Details

DateLenderAmountStatus
25 May 2022Others₹7.00 MOpen
23 Mar 2018Axis Bank Limited₹3.71 MOpen
12 May 2017Axis Bank Limited₹6.00 MSatisfied

How Many Employees Work at Sonawala Industries?

Sonawala Industries has a workforce of 8 employees as of Apr 05, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Sonawala Industries, 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 Sonawala Industries'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 Sonawala Industries

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Sonawala Industries 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 Others amounted to Rs. 0.70 Cr with Charge ID 100581232 was registered on 25 May 2022.

    25 May 2022

  • Charges

    A charge registered on 12 May 2017 via Charge ID 100346474 with Axis Bank Limited was fully satisfied on 03 May 2022.

    03 May 2022

  • Director Appointment

    Preeta Mukul Sonawala was appointed as a Director was appointed as a Director on 01 Apr 2022 & has been associated with this company since 2 years 10 months .

    01 Apr 2022

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 0.37 Cr with Charge ID 100346472 was registered on 23 Mar 2018.

    23 Mar 2018

Frequently asked questions

  • Sonawala Industries Private Limited was incorporated on 09 Nov 1939.

  • The authorized share capital of Sonawala Industries Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 2.01 M.

  • Currently 3 directors are associated with Sonawala Industries Private Limited.

    • Mukul Amratlal Sonawala
    • Anshul Mukul Sonawala
    • Preeta Mukul Sonawala
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sonawala Industries Private Limited is 135-Shaikh Menon St, Mumbai, Maharashtra, India, 400002.

  • The corporate identification number (CIN) of Sonawala Industries Private Limited is U24110MH1939PTC003024 and the company number is 003024 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Sonawala Industries Private Limited has risen by 10.35%.

  • As Per 2023 financial reports, 8 employees are currently employed by Sonawala Industries Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Sonawala Industries Private Limited has experienced an downturn of -0.87%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Sonawala Industries Private Limited amount to ₹ 1.07 Cr.

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

People also Viewed

Similar Companies Based on Watches & Jewelry Manufacturing