Sportiff (India) Private Limited

Sports goods trading, offering equipment from various brands through online portal.

2001 | Mumbai, Maharashtra (India) | Active
Last Updated: December 19, 2024

Sportiff (India) Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.50 M
  • Company Age 24 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 6.14 Cr
  • Revenue Growth -65.86%
  • Profit Growth -91.34%
  • Ebitda 121.01%
  • Net Worth 9.45%
  • Total Assets -28.44%

About Sportiff (India)

Sportiff (India) Private Limited (SIPL) is a Private Limited Indian Non-Government Company incorporated in India on 05 January 2001 and has a history of 24 years and one month. Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the E-Commerce 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 has closed loans amounting to ₹6.14 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Altafhasan Vahanvaty and Shamim Vahanvaty serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U92419MH2001PTC130316

  • Company No.

    130316

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    05 Jan 2001

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

E-Commerce

What products or services does Sportiff (India) Private Limited offer?

Sportiff (India) Private Limited offers a wide range of products and services, including Swimming Pool & Water Sport Goods, Swimming Accessories, Kids Casual, Ethnic & Western Wear, Kids Inner Wear, Sports Wear & Athletic Accessories, Sports Shorts.

Who are the key members and board of directors at Sportiff (India)?

Board Members (2)

Name Designation Appointment Date Status
Altafhasan Vahanvaty Country flag representing In Director 05-Jan-2001 Current
Shamim Vahanvaty Country flag representing In Director 17-Jun-2011 Current

Financial Performance of Sportiff (India).

Sportiff (India) Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 65.86% decrease. The company also saw a substantial fall in profitability, with a 91.34% decrease in profit. The company's net worth moved up by a moderate rise of 9.45%.

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
-65.86%
Revenue from Operations
343.85%
Total Assets
-28.44%
Profit or Loss
-91.34%
Net Worth
9.45%
EBITDA
121.01%

What is the Ownership and Shareholding Structure of Sportiff (India)?

In 2020, Sportiff (India) 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

₹0

Satisfied Charges

₹61.37 M

Charges Breakdown by Lending Institutions

  • Indiabulls Housing Finance Limited : 6.14 Cr

Latest Charge Details

Date Lender Amount Status
07 Apr 2015 Indiabulls Housing Finance Limited ₹6.14 Cr Satisfied

How Many Employees Work at Sportiff (India)?

Unlock and access historical data on people associated with Sportiff (India), 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 Sportiff (India), 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 Sportiff (India)'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 Sportiff (India)

Recent activity within the organization

  • Annual General Meeting

    Sportiff (India) Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Sportiff (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge registered on 07 Apr 2015 via Charge ID 10572017 with Indiabulls Housing Finance Limited was fully satisfied on 10 Jan 2022.

    10 Jan 2022

  • Charges

    A charge with Indiabulls Housing Finance Limited amounted to Rs. 61.37 M with Charge ID 10572017 was registered on 07 Apr 2015.

    07 Apr 2015

  • Director Appointment

    Shamim Altafhasan Vahanvaty was appointed as a Director was appointed as a Director on 17 Jun 2011 & has been associated with this company since 13 years 7 months .

    17 Jun 2011

  • Director Appointment

    Altafhasan Munir Vahanvaty was appointed as a Director was appointed as a Director on 05 Jan 2001 & has been associated with this company since 24 years 1 month .

    05 Jan 2001

Frequently asked questions

  • Sportiff (India) Private Limited was incorporated on 05 Jan 2001.

  • The authorized share capital of Sportiff (India) Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.50 M.

  • Currently 2 directors are associated with Sportiff (India) Private Limited.

    • Altafhasan Munir Vahanvaty
    • Shamim Altafhasan Vahanvaty
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sportiff (India) Private Limited is 76 Mirza Ghalib Margbyculla, India, Mumbai, Maharashtra, 400008.

  • The corporate identification number (CIN) of Sportiff (India) Private Limited is U92419MH2001PTC130316 and the company number is 130316 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Sportiff (India) Private Limited is https://www.sportsdrive.in

  • According to the financial reports for the fiscal year 2022, the revenue trend for Sportiff (India) Private Limited has fallen by -65.86%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Sportiff (India) Private Limited has experienced an upsurge of 9.45%.

  • The most recent Balance Sheet for Sportiff (India) Private Limited was filed with the ROC on 31 Mar 2024.

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