Sonnet Retail Innovation Private Limited

Designing and producing knitted and crocheted clothing since 2013, based in Bangalore.

2013 | Bangaluru, Karnataka (India) | Active
Last Updated: December 13, 2024

Sonnet Retail Innovation Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 11 Year, 5 Months
  • Last Filing with ROC 31 Mar 2019
  • Open Charges ₹ 1.00 M
  • Revenue Growth 125.73%
  • Profit Growth 99.64%
  • Ebitda 111.89%
  • Net Worth -0.14%
  • Total Assets 32.50%

About Sonnet Retail Innovation

Sonnet Retail Innovation Private Limited (SRIPL) is a Private Limited Indian Non-Government Company incorporated in India on 05 August 2013 and has a history of 11 years and five months. Its registered office is in Bangaluru, Karnataka, 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 2019. It's a company limited by shares with an authorized capital of Rs 1.00 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹1.00 M.

Rahul Narayanan and Shruthi Nadig serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U52100KA2013PTC070454

  • Company No.

    070454

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    05 Aug 2013

  • Date of AGM

    30 Sep 2019

  • Date of Balance Sheet

    31 Mar 2019

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Fashion and Textile

Who are the key members and board of directors at Sonnet Retail Innovation?

Board Members (2)

Name Designation Appointment Date Status
Rahul Narayanan Country flag representing In Director 05-Aug-2013 Current
Shruthi Nadig Country flag representing In Director 23-Sep-2014 Current

Financial Performance of Sonnet Retail Innovation.

Sonnet Retail Innovation Private Limited, for the financial year ended 2019, experienced significant growth in revenue, with a 125.73% increase. The company also saw a substantial improvement in profitability, with a 99.64% increase in profit. The company's net worth dipped by a decrease of 0.14%.

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
125.73%
Revenue from Operations
126.60%
Total Assets
32.50%
Profit or Loss
99.64%
Net Worth
-0.14%
EBITDA
111.89%

What is the Ownership and Shareholding Structure of Sonnet Retail Innovation?

In 2019, Sonnet Retail Innovation 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

₹1.00 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 0.10 Cr

Latest Charge Details

Date Lender Amount Status
28 Sep 2016 Others ₹1.00 M Open

How Many Employees Work at Sonnet Retail Innovation?

Unlock and access historical data on people associated with Sonnet Retail Innovation, 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 Sonnet Retail Innovation, 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 Sonnet Retail Innovation'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 Sonnet Retail Innovation

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 1.00 M registered on 28 Sep 2016 with Charge ID 100053314 was modified on 22 Jan 2020.

    22 Jan 2020

  • Annual General Meeting

    Sonnet Retail Innovation Private Limited last Annual general meeting of members was held on 30 Sep 2019 as per latest MCA records.

    30 Sep 2019

  • Balance Sheet

    Sonnet Retail Innovation Private Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Bangalore.

    31 Mar 2019

  • Charges

    A charge with Others amounted to Rs. 1.00 M with Charge ID 100053314 was registered on 28 Sep 2016.

    28 Sep 2016

  • Director Appointment

    Shruthi Nadig was appointed as a Director was appointed as a Director on 23 Sep 2014 & has been associated with this company since 10 years 4 months .

    23 Sep 2014

  • Director Appointment

    Rahul Shankar Narayanan was appointed as a Director was appointed as a Director on 05 Aug 2013 & has been associated with this company since 11 years 5 months .

    05 Aug 2013

Frequently asked questions

  • Sonnet Retail Innovation Private Limited was incorporated on 05 Aug 2013.

  • The authorized share capital of Sonnet Retail Innovation Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Sonnet Retail Innovation Private Limited.

    • Rahul Shankar Narayanan
    • Shruthi Nadig
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sonnet Retail Innovation Private Limited is 175 176, Bilekally India, Bangalore, Karnataka, 560078.

  • The corporate identification number (CIN) of Sonnet Retail Innovation Private Limited is U52100KA2013PTC070454 and the company number is 070454 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Sonnet Retail Innovation Private Limited is https://www.sonnet.co.in

  • According to the financial reports for the fiscal year 2019, the revenue trend for Sonnet Retail Innovation Private Limited has risen by 125.73%.

  • The financial reports for the fiscal year 2019 indicates that The net worth of Sonnet Retail Innovation Private Limited has experienced an downturn of -0.14%.

  • As per the financial statements for fiscal Year 2019, The total open charges for Sonnet Retail Innovation Private Limited amount to ₹ 1.00 M.

  • The most recent Balance Sheet for Sonnet Retail Innovation Private Limited was filed with the ROC on 31 Mar 2019.

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