Surfboats Solutions Private Limited

Founded in 2015 and headquartered in Gujarat, India.

2015 | Ahmedabad, Gujarat (India) | Active
Last Updated: November 17, 2024

Surfboats Solutions Profile

Key Indicators

  • Authorised Capital ₹ 11.01 Cr
  • Paid Up Capital ₹ 7.75 Cr
  • Company Age 9 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 21.00 Cr
  • Revenue Growth -69.16%
  • Profit Growth 5.00%
  • Ebitda -11.86%
  • Net Worth 204.73%
  • Total Assets 46.39%

About Surfboats Solutions

Surfboats Solutions Private Limited (SSPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 06 August 2015 (Nine years and five months 29 days old ). Its registered office is in Ahmedabad, Gujarat, 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 11.01 Cr and a paid-up capital of Rs 7.75 Cr.

The company currently has active open charges totaling ₹21.00 Cr.


Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media
  • Apps

Corporate Identity Details

  • CIN/LLPIN

    U74999GJ2015PTC134189

  • Company No.

    056308

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    06 Aug 2015

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

E-Commerce

What products or services does Surfboats Solutions Private Limited offer?

Surfboats Solutions Private Limited offers a wide range of products and services, including Menthol Essential Aromatic Oil, Dementholised Peppermint Oil, Fresh Vegetables, Dehydrated Chilli Granule, Wpurif, Magnetic Water Softener, Rcmach, Quinoa, Processed Food Items, Quinoa Flakes.

Who are the key members and board of directors at Surfboats Solutions?

Board Members (3)

Name Designation Appointment Date Status
Swagata Sarangi Country flag representing In Director 06-Aug-2015 Current
Siddhartha Nangia Country flag representing In Director 06-Aug-2015 Current
Vettakkorumakankav Sitaram Country flag representing In Nominee Director 23-May-2022 Current

Financial Performance of Surfboats Solutions.

Surfboats Solutions Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 69.16% decrease. The company also saw a slight improvement in profitability, with a 5% increase in profit. The company's net worth Soared by an impressive increase of 204.73%.

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
-69.16%
Revenue from Operations
-78.35%
Total Assets
46.39%
Profit or Loss
5.00%
Net Worth
204.73%
EBITDA
-11.86%

What is the Ownership and Shareholding Structure of Surfboats Solutions?

In 2023, Surfboats Solutions had a promoter holding of 55.04% and a public holding of 44.97%. The company had 2 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹21.00 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Sidbi : 15.00 Cr
  • Others : 6.00 Cr

Latest Charge Details

Date Lender Amount Status
24 Jul 2024 Sidbi ₹10.00 Cr Open
09 Feb 2024 Others ₹6.00 Cr Open
05 Jan 2023 Sidbi ₹5.00 Cr Open

How Many Employees Work at Surfboats Solutions?

Surfboats Solutions has a workforce of 6 employees as of Mar 22, 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 Surfboats Solutions, 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 Surfboats Solutions'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 Surfboats Solutions

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Charges

    A charge with Sidbi amounted to Rs. 10.00 Cr with Charge ID 100951206 was registered on 24 Jul 2024.

    24 Jul 2024

  • Balance Sheet

    Surfboats Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 6.00 Cr with Charge ID 100882880 was registered on 09 Feb 2024.

    09 Feb 2024

  • Charges

    A charge with Sidbi amounted to Rs. 5.00 Cr with Charge ID 100663786 was registered on 05 Jan 2023.

    05 Jan 2023

  • Director Appointment

    Vettakkorumakankav Siva Subramaniam Sitaram was appointed as a Nominee Director was appointed as a Nominee Director on 23 May 2022 & has been associated with this company since 2 years 8 months .

    23 May 2022

Recent News, Updates & Announcement

  • News icon
    Smytten Launches AI-Powered Platform Smytten Pulse to Revolutionise Consumer Analytics & Research for FMCG Brands | Technology.

    Smytten Indias largest tech-enabled product discovery and trial platform has launched Smytten Pulse a groundbreaking data solutions consumer research platform Smytten Pulse leverages AI and machine learning empowered with the extensive data gathered from actual product trials and feedback of over 15 million advanced shoppers This provides FMCG brands a very robust predictable consumer analytics propelling them into a new era of consumer engagement enabling strategic decisions based on real-time accurate and targeted consumer insights This Data Solutions Platform is built to redefine how brands perceive and interpret consumer preferences and market dynamics It offers real-time insights through Customer Sentiment Analysis Competitor Analysis User Behaviour Funnels Consumer Profiling and more These insights provide the cornerstone upon which brands can construct agile strategies that remain responsive to ever-evolving consumer needs The brands can keep a check on their NPS score analyse consumer feedback across demographic cuts track new trends and more Additionally the platforms Consumer Research tool condenses the painstaking process of market research into a mere 72 hours Brands can run fully flexible and customizable surveys across Brand Tracks Usage Attitude Studies ProductConcept Testing Ad Testing and more This feature harnesses the power of data collected from the vast and diverse consumer profiles on Smytten consisting of discerning users actively seeking trial and discovery of new products and services The platforms ability to tap into this demographic ensures that brands receive insights from a consumer base genuinely interested in their offerings making the research super agile and cost-effective Swagat Sarangi Co-founder of Smytten emphasises the platforms potential stating Smytten Pulse simplifies the intricate world of consumer insights for brands providing real-time data advanced analytics and the voices of 15 million consumers at your disposal Its not just about understanding your audience its also about anticipating their needs With Smytten Pulse we aim to empower brands with the most accurate and actionable consumer insights that will help them to create better products services and experiences for their customers Smytten Pulse is set to transform the way brands approach consumer research and data analytics Its unparalleled access to a vast pool of high-intent consumers positions it as the one stop data solutions platform for brands seeking to gain a competitive edge in todays data-centric market About Smytten Smytten is Indias largest tech-enabled direct-to-consumer product discovery and trial platform Launched by ex-Unilever and Google executives Siddhartha Nangia and Swagata Sarangi Smytten is enhancing the way Indias online consumers discover interact with and try consumer products and services It hosts 1200 brand partners on its platform across lifestyle categories including fragrances beauty makeup male grooming food beverages baby mother care and health wellness Smytten offers product samples to consumers across these categories to help them make the right purchase decisions It also provides its brand partners with a suite of services data insights needed for scaling up customer acquisition product development channel expansion with Smytten Pulse.

    08 Sep 2023 Devdiscourse

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Frequently asked questions

  • Surfboats Solutions Private Limited was incorporated on 06 Aug 2015.

  • The authorized share capital of Surfboats Solutions Private Limited is ₹ 11.01 Cr and paid-up capital is ₹ 7.75 Cr.

  • Currently 3 directors are associated with Surfboats Solutions Private Limited.

    • Vettakkorumakankav Siva Subramaniam Sitaram
    • Swagata Sarangi
    • Siddhartha Vinay Nangia
  • As per Ministry of Corporate Affairs (Mca), the registered address of Surfboats Solutions Private Limited is A-14Th Floor 1409 1410 1411 1412 Navratan Corporate Park, Sg Highway Thaltej India, Sanand, Gujarat, 380058.

  • The corporate identification number (CIN) of Surfboats Solutions Private Limited is U74999GJ2015PTC134189 and the company number is 056308 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Surfboats Solutions Private Limited is https://www.smytten.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Surfboats Solutions Private Limited has fallen by -69.16%.

  • As Per 2023 financial reports, 6 employees are currently employed by Surfboats Solutions Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Surfboats Solutions Private Limited has experienced an upsurge of 204.73%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Surfboats Solutions Private Limited amount to ₹ 21.00 Cr.

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