Sportsnest Retail (India) Private Limited

Sports goods trading and outdoor sports construction services since 2011.

2011 | Bangaluru, Karnataka (India) | Active
Last Updated: November 16, 2024

Sportsnest Retail (India) Profile

Key Indicators

  • Authorised Capital ₹ 8.00 M
  • Paid Up Capital ₹ 5.01 M
  • Company Age 13 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 2.30 Cr
  • Revenue Growth 59.00%
  • Profit Growth 59.07%
  • Ebitda 113.41%
  • Net Worth -13.70%
  • Total Assets 16.75%

About Sportsnest Retail (India)

Sportsnest Retail (India) Private Limited (SRIPL) is a Private Limited Indian Non-Government Company incorporated in India on 14 July 2011 and has a history of 13 years and six months. Its registered office is in Bangaluru, Karnataka, 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 2024. It's a company limited by shares with an authorized capital of Rs 8.00 M and a paid-up capital of Rs 5.01 M.

The company currently has active open charges totaling ₹2.30 Cr.

Kannambadi Sandeep and Vijay Bharadwaj serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74900KA2011PTC059593

  • Company No.

    059593

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    14 Jul 2011

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Consumer Goods
Events and Entertainment

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

Board Members (2)

Name Designation Appointment Date Status
Kannambadi Sandeep Country flag representing In Director 14-Jul-2011 Current
Vijay Bharadwaj Country flag representing In Director 14-Jul-2011 Current

Financial Performance of Sportsnest Retail (India).

Sportsnest Retail (India) Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 59% increase. The company also saw a substantial improvement in profitability, with a 59.07% increase in profit. The company's net worth observed a substantial decline by a decrease of 13.7%.

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
59.00%
Revenue from Operations
59.95%
Total Assets
16.75%
Profit or Loss
59.07%
Net Worth
-13.70%
EBITDA
113.41%

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

In 2023, Sportsnest Retail (India) had a promoter holding of 84.50% and a public holding of 15.50%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹23.00 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 2.25 Cr
  • Canara Bank : 0.05 Cr

Latest Charge Details

Date Lender Amount Status
07 Dec 2015 Canara Bank ₹0.50 M Open
11 Dec 2012 Others ₹2.25 Cr Open

How Many Employees Work at Sportsnest Retail (India)?

Sportsnest Retail (India) has a workforce of 10 employees as of Apr 08, 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 Sportsnest Retail (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 Sportsnest Retail (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 Sportsnest Retail (India)

Recent activity within the organization

  • Annual General Meeting

    Sportsnest Retail (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

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

    31 Mar 2024

  • Charges

    A charge with Others of Rs. 22.50 M registered on 11 Dec 2012 with Charge ID 10393072 was modified on 04 Jul 2020.

    04 Jul 2020

  • Charges

    A charge with Canara Bank amounted to Rs. 0.50 M with Charge ID 10607569 was registered on 07 Dec 2015.

    07 Dec 2015

  • Charges

    A charge with Others amounted to Rs. 22.50 M with Charge ID 10393072 was registered on 11 Dec 2012.

    11 Dec 2012

  • Director Appointment

    Kannambadi Nagabhushan Sandeep was appointed as a Director was appointed as a Director on 14 Jul 2011 & has been associated with this company since 13 years 6 months .

    14 Jul 2011

Frequently asked questions

  • Sportsnest Retail (India) Private Limited was incorporated on 14 Jul 2011.

  • The authorized share capital of Sportsnest Retail (India) Private Limited is ₹ 8.00 M and paid-up capital is ₹ 5.01 M.

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

    • Kannambadi Nagabhushan Sandeep
    • Vijay Raghavendra Rao Bharadwaj
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sportsnest Retail (India) Private Limited is No.7/D 4Th Cross Nehru Road Girinagar 1St Phase, India, Bangalore South, Karnataka, 560085.

  • The corporate identification number (CIN) of Sportsnest Retail (India) Private Limited is U74900KA2011PTC059593 and the company number is 059593 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Sportsnest Retail (India) Private Limited is https://www.sportsnest.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Sportsnest Retail (India) Private Limited has risen by 59.00%.

  • As Per 2023 financial reports, 10 employees are currently employed by Sportsnest Retail (India) Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Sportsnest Retail (India) Private Limited has experienced an downturn of -13.70%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Sportsnest Retail (India) Private Limited amount to ₹ 2.30 Cr.

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

Similar Companies Based on Entertainment Venues & Properties