Sound Trade And Infotech Private Limited

Provides infotech trading services since 1999.

1999 | Mumbai, Maharashtra (India) | Active
Last Updated: December 23, 2024

Sound Trade And Infotech Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 1.77 M
  • Company Age 25 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 5.00 M
  • Revenue Growth -88.83%
  • Profit Growth 93.08%
  • Ebitda 96.25%
  • Net Worth -0.25%
  • Total Assets -0.03%

About Sound Trade And Infotech

Sound Trade And Infotech Private Limited (STAIPL) is a Private Limited Indian Non-Government Company incorporated in India on 30 July 1999 and has a history of 25 years and six months. Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Information Technology 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 5.00 M and a paid-up capital of Rs 1.77 M.

The company currently has active open charges totaling ₹5.00 M.

Sureshkumar Gursahani and Dharmendra Gursahani 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

    U72200MH1999PTC121073

  • Company No.

    121073

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    30 Jul 1999

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Information Technology

Who are the key members and board of directors at Sound Trade And Infotech?

Board Members (2)

NameDesignationAppointment DateStatus
Dharmendra Gursahani Country flag representing In Director 30-Jul-1999Current
Sureshkumar Gursahani Country flag representing In Director 30-Jul-1999Current

Financial Performance of Sound Trade And Infotech.

Sound Trade And Infotech Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 88.83% decrease. The company also saw a substantial improvement in profitability, with a 93.08% increase in profit. The company's net worth dipped by a decrease of 0.25%.

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
-88.83%
Revenue from Operations
Total Assets
-0.03%
Profit or Loss
93.08%
Net Worth
-0.25%
EBITDA
96.25%

What is the Ownership and Shareholding Structure of Sound Trade And Infotech?

In 2020, Sound Trade And Infotech 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

₹5.00 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Bank Of Maharshtra : 0.50 Cr

Latest Charge Details

DateLenderAmountStatus
30 Dec 1999Bank Of Maharshtra₹5.00 MOpen

How Many Employees Work at Sound Trade And Infotech?

Sound Trade And Infotech has a workforce of 21 employees as of Apr 07, 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 Sound Trade And Infotech, 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 Sound Trade And Infotech'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 Sound Trade And Infotech

Recent activity within the organization

  • Annual General Meeting

    Sound Trade And Infotech Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Sound Trade And Infotech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge with Bank Of Maharshtra of Rs. 5.00 M registered on 30 Dec 1999 with Charge ID 90352782 was modified on 27 Dec 2007.

    27 Dec 2007

  • Charges

    A charge with Bank Of Maharshtra amounted to Rs. 5.00 M with Charge ID 90352782 was registered on 30 Dec 1999.

    30 Dec 1999

  • Director Appointment

    Sureshkumar Khubchand Gursahani was appointed as a Director was appointed as a Director on 30 Jul 1999 & has been associated with this company since 25 years 6 months .

    30 Jul 1999

  • Director Appointment

    Dharmendra Khubchand Gursahani was appointed as a Director was appointed as a Director on 30 Jul 1999 & has been associated with this company since 25 years 6 months .

    30 Jul 1999

Frequently asked questions

  • Sound Trade And Infotech Private Limited was incorporated on 30 Jul 1999.

  • The authorized share capital of Sound Trade And Infotech Private Limited is ₹ 5.00 M and paid-up capital is ₹ 1.77 M.

  • Currently 2 directors are associated with Sound Trade And Infotech Private Limited.

    • Sureshkumar Khubchand Gursahani
    • Dharmendra Khubchand Gursahani
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sound Trade And Infotech Private Limited is 7 Tulsiyani Chamber Free Press Journal Marg, Nariman Point India, Mumbai, Maharashtra, 400021.

  • The corporate identification number (CIN) of Sound Trade And Infotech Private Limited is U72200MH1999PTC121073 and the company number is 121073 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2020, the revenue trend for Sound Trade And Infotech Private Limited has fallen by -88.83%.

  • As Per 2020 financial reports, 21 employees are currently employed by Sound Trade And Infotech Private Limited.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Sound Trade And Infotech Private Limited has experienced an downturn of -0.25%.

  • As per the financial statements for fiscal Year 2020, The total open charges for Sound Trade And Infotech Private Limited amount to ₹ 5.00 M.

  • The most recent Balance Sheet for Sound Trade And Infotech Private Limited was filed with the ROC on 31 Mar 2024.

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