Sun Initiatives Private Limited

Wholesale trading of household linens, curtains, and diverse household articles under the brand And & And.

2013 | Hyderabad, Telangana (India) | Active
Last Updated: December 25, 2024

Sun Initiatives Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 11 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 2.55 Cr
  • Revenue Growth 32.82%
  • Profit Growth 219.04%
  • Ebitda 116.84%
  • Net Worth 38.26%
  • Total Assets 33.23%

About Sun Initiatives

Sun Initiatives Private Limited (SIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 12 November 2013 and has a history of 11 years and three months. Its registered office is in Hyderabad, Telangana, 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 0.10 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹2.55 Cr.

Anil Gowra, Sri Soma, and Lakshmi Gowra serve as directors at the Company.

Company Details

  • Location

    Hyderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U51909TG2013PTC090959

  • Company No.

    090959

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    12 Nov 2013

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Home & Lifestyle

Who are the key members and board of directors at Sun Initiatives?

Board Members (3)

NameDesignationAppointment DateStatus
Anil Gowra Country flag representing In Director 08-Aug-2020Current
Sri Soma Country flag representing In Director 20-Dec-2023Current
Lakshmi Gowra Country flag representing In Director 20-Dec-2023Current

Financial Performance of Sun Initiatives.

Sun Initiatives Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 32.82% increase. The company also saw a substantial improvement in profitability, with a 219.04% increase in profit. The company's net worth Soared by an impressive increase of 38.26%.

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
32.82%
Revenue from Operations
26.74%
Total Assets
33.23%
Profit or Loss
219.04%
Net Worth
38.26%
EBITDA
116.84%

What is the Ownership and Shareholding Structure of Sun Initiatives?

Unlock access to Sun Initiatives's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹25.50 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 2.00 Cr
  • Hdfc Bank Limited : 0.55 Cr

Latest Charge Details

DateLenderAmountStatus
21 Mar 2023Hdfc Bank Limited₹5.50 MOpen
08 Mar 2019Axis Bank Limited₹2.00 CrOpen

How Many Employees Work at Sun Initiatives?

Unlock and access historical data on people associated with Sun Initiatives, 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 Sun Initiatives, 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 Sun Initiatives'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 Sun Initiatives

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

    Sun Initiatives Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.

    31 Mar 2024

  • Director Appointment

    Sri Harsha Soma was appointed as a Director was appointed as a Director on 20 Dec 2023 & has been associated with this company since 1 year 2 months .

    20 Dec 2023

  • Director Appointment

    Lakshmi Prasad Gowra was appointed as a Director was appointed as a Director on 20 Dec 2023 & has been associated with this company since 1 year 2 months .

    20 Dec 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 5.50 M with Charge ID 100715522 was registered on 21 Mar 2023.

    21 Mar 2023

  • Charges

    A charge with Axis Bank Limited of Rs. 20.00 M registered on 08 Mar 2019 with Charge ID 100247247 was modified on 26 Jul 2021.

    26 Jul 2021

Frequently asked questions

  • Sun Initiatives Private Limited was incorporated on 12 Nov 2013.

  • The authorized share capital of Sun Initiatives Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.

  • Currently 3 directors are associated with Sun Initiatives Private Limited.

    • Anil Kumar Gowra
    • Sri Harsha Soma
    • Lakshmi Prasad Gowra
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sun Initiatives Private Limited is Plot No.11, Radha Krishna Colony West Marredpally India, Secunderabad, Telangana, 500026.

  • The corporate identification number (CIN) of Sun Initiatives Private Limited is U51909TG2013PTC090959 and the company number is 090959 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Sun Initiatives Private Limited has risen by 32.82%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Sun Initiatives Private Limited has experienced an upsurge of 38.26%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Sun Initiatives Private Limited amount to ₹ 2.55 Cr.

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

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