Ssmt Watches Private Limited

Designs, manufactures, and sells a variety of timekeeping devices and accessories.

2020 | Thane, Maharashtra (India) | Active
Last Updated: December 05, 2024

Ssmt Watches Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 4 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 3.00 Cr
  • Revenue Growth -98.04%
  • Profit Growth -83.20%
  • Ebitda -81.60%
  • Net Worth 16.28%
  • Total Assets -39.04%

About Ssmt Watches

Ssmt Watches Private Limited (SWPL) is a Private Limited Indian Non-Government Company incorporated in India on 23 December 2020 (Four years and one month 16 days old ). Its registered office is in Thane, Maharashtra, India.

The Company is engaged in the Home & Lifestyle 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 0.10 M.

The company currently has active open charges totaling ₹3.00 Cr.

Jimmy Chheda, Umesh Mhatre, Amey Mhatre, and One other member serve as directors at the Company.

Company Details

  • Location

    Thane, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U33100MH2020PTC352388

  • Company No.

    352388

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    23 Dec 2020

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Home & Lifestyle

Who are the key members and board of directors at Ssmt Watches?

Board Members (4)

Name Designation Appointment Date Status
Umesh Mhatre Country flag representing In Director 23-Dec-2020 Current
Jimmy Chheda Country flag representing In Director 23-Dec-2020 Current
Amey Mhatre Country flag representing In Director 23-Dec-2020 Current
Dipti Chheda Country flag representing In Director 23-Dec-2020 Current

Financial Performance of Ssmt Watches.

Ssmt Watches Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 98.04% decrease. The company also saw a substantial fall in profitability, with a 83.2% decrease in profit. The company's net worth Soared by an impressive increase of 16.28%.

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
-98.04%
Revenue from Operations
-98.05%
Total Assets
-39.04%
Profit or Loss
-83.20%
Net Worth
16.28%
EBITDA
-81.60%

What is the Ownership and Shareholding Structure of Ssmt Watches?

In 2022, Ssmt Watches 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

₹30.00 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 3.00 Cr

Latest Charge Details

Date Lender Amount Status
02 May 2023 Others ₹3.00 Cr Open

How Many Employees Work at Ssmt Watches?

Ssmt Watches has a workforce of 0 employees as of Apr 02, 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 Ssmt Watches, 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 Ssmt Watches'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 Ssmt Watches

Recent activity within the organization

  • Annual General Meeting

    Ssmt Watches Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Ssmt Watches 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 Others amounted to Rs. 30.00 M with Charge ID 100752529 was registered on 02 May 2023.

    02 May 2023

  • Director Appointment

    Jimmy Dhanji Chheda was appointed as a Director was appointed as a Director on 23 Dec 2020 & has been associated with this company since 4 years 1 month .

    23 Dec 2020

  • Director Appointment

    Umesh Raghunath Mhatre was appointed as a Director was appointed as a Director on 23 Dec 2020 & has been associated with this company since 4 years 1 month .

    23 Dec 2020

  • Director Appointment

    Amey Umesh Mhatre was appointed as a Director was appointed as a Director on 23 Dec 2020 & has been associated with this company since 4 years 1 month .

    23 Dec 2020

Frequently asked questions

  • Ssmt Watches Private Limited was incorporated on 23 Dec 2020.

  • The authorized share capital of Ssmt Watches Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.10 M.

  • Currently 4 directors are associated with Ssmt Watches Private Limited.

    • Jimmy Dhanji Chheda
    • Umesh Raghunath Mhatre
    • Amey Umesh Mhatre
    • Dipti Jimmy Chheda
  • As per Ministry of Corporate Affairs (Mca), the registered address of Ssmt Watches Private Limited is Gala No. 9 To 11 Emrald Bldg Nr Modi Hyundai Show Room Satiwali Rd., Vasai-E India, Thane, Maharashtra, 401208.

  • The corporate identification number (CIN) of Ssmt Watches Private Limited is U33100MH2020PTC352388 and the company number is 352388 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Ssmt Watches Private Limited has fallen by -98.04%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Ssmt Watches Private Limited has experienced an upsurge of 16.28%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Ssmt Watches Private Limited amount to ₹ 3.00 Cr.

  • The most recent Balance Sheet for Ssmt Watches Private Limited was filed with the ROC on 31 Mar 2024.