Ankit Yarns Limited

Textile company specializing in manufacturing, importing, and exporting yarn, fabrics, and synthetics.

1989 | Mumbai, Maharashtra (India) | Active
Last Updated:

Ankit Yarns Profile

Key Indicators

  • Authorised Capital ₹ 4.50 Cr
  • Paid Up Capital ₹ 4.27 Cr
  • Company Age 35 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 4.17 Cr
  • Satisfied Charges ₹ 2.13 M
  • Revenue Growth 155.77%
  • Profit Growth -0.78%
  • Ebitda 6.86%
  • Net Worth 1.49%
  • Total Assets 4.65%

About Ankit Yarns

Ankit Yarns Limited (AYL) is a Public Limited Indian Non-Government Company incorporated in India on 11 December 1989 and has a history of 35 years and two months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Ankit Yarns P Limited. 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 4.50 Cr and a paid-up capital of Rs 4.27 Cr.

The company currently has active open charges totaling ₹4.17 Cr. The company has closed loans amounting to ₹2.13 M, as per Ministry of Corporate Affairs (MCA) records.

Suresh Hotwani, Rachna Bulchandani, and Diwakar Shetty serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17297MH1989PLC054572

  • Company No.

    054572

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    11 Dec 1989

  • 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 Ankit Yarns?

Board Members (3)

NameDesignationAppointment DateStatus
Suresh Hotwani Country flag representing In Additional Director 01-Dec-2022Current
Rachna Bulchandani Country flag representing In Director 18-Aug-2022Current
Diwakar Shetty Country flag representing In Additional Director 06-Jan-2020Current

Financial Performance of Ankit Yarns.

Ankit Yarns Limited, for the financial year ended 2021, experienced significant growth in revenue, with a 155.77% increase. The company also saw a slight decrease in profitability, with a 0.78% decrease in profit. The company's net worth moved up by a moderate rise of 1.49%.

Ankit Yarns revenue growth over time
Ankit Yarns 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
155.77%
Revenue from Operations
2853.40%
Total Assets
4.65%
Profit or Loss
-0.78%
Net Worth
1.49%
EBITDA
6.86%

What is the Ownership and Shareholding Structure of Ankit Yarns?

In 2021, Ankit Yarns had a promoter holding of 10.00% and a public holding of 89.99%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹4.17 Cr

Satisfied Charges

₹0.21 Cr

Charges Breakdown by Lending Institutions

  • Bank Of India : 4.17 Cr

Latest Charge Details

DateLenderAmountStatus
24 Nov 1995Bank Of India₹2.60 CrOpen
01 Aug 1994Bank Of India₹1.50 MOpen
13 Jul 1993Bank Of India₹4.06 MOpen
25 Feb 1992Bank Of India₹6.09 MOpen
02 Sep 1991Bank Of India₹1.80 MOpen

How Many Employees Work at Ankit Yarns?

Unlock and access historical data on people associated with Ankit Yarns, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Ankit Yarns Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Ankit Yarns, 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 Ankit Yarns'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 Ankit Yarns

Recent activity within the organization

  • Annual General Meeting

    Ankit Yarns Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Ankit Yarns Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

  • Director Appointment

    Suresh Danomal Hotwani was appointed as a Additional Director was appointed as a Additional Director on 01 Dec 2022 & has been associated with this company since 2 years 3 months .

  • Director Appointment

    Rachna Harish Bulchandani was appointed as a Director was appointed as a Director on 18 Aug 2022 & has been associated with this company since 2 years 6 months .

  • Director Appointment

    Diwakar Sadhu Shetty was appointed as a Additional Director was appointed as a Additional Director on 06 Jan 2020 & has been associated with this company since 5 years 1 month .

  • Charges

    A charge registered on 13 Jun 1991 via Charge ID 90221919 with Maharashtra State Financial Corproation was fully satisfied on 06 Aug 2012.

Frequently asked questions

  • What is the Incorporation or founding date of Ankit Yarns Limited?

    Ankit Yarns Limited was incorporated on 11 Dec 1989.

  • What is authorized share capital and paid-up capital of Ankit Yarns Limited?

    The authorized share capital of Ankit Yarns Limited is ₹ 4.50 Cr and paid-up capital is ₹ 4.27 Cr.

  • Who are the current board members & directors of Ankit Yarns Limited?

    Currently 3 directors are associated with Ankit Yarns Limited.

    • Suresh Danomal Hotwani
    • Rachna Harish Bulchandani
    • Diwakar Sadhu Shetty

  • What is the registered address of Ankit Yarns Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Ankit Yarns Limited is 9 Industry House Plot No 4 Marwah Estate, Andheri (E) India, Mumbai, Maharashtra, 400072.

  • What is the corporate identification number (CIN) and company number of Ankit Yarns Limited?

    The corporate identification number (CIN) of Ankit Yarns Limited is U17297MH1989PLC054572 and the company number is 054572 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Ankit Yarns Limited?

    According to the financial reports for the fiscal year 2021, the revenue trend for Ankit Yarns Limited has risen by 155.77%.

  • What change has been observed in the net worth of Ankit Yarns Limited, and by what percentage?

    The financial reports for the fiscal year 2021 indicates that The net worth of Ankit Yarns Limited has experienced an upsurge of 1.49%.

  • What are the total open charges for Ankit Yarns Limited?

    As per the financial statements for fiscal Year 2021, The total open charges for Ankit Yarns Limited amount to ₹ 4.17 Cr.

  • When was the last Balance Sheet of Ankit Yarns Limited filed with the ROC?

    The most recent Balance Sheet for Ankit Yarns Limited was filed with the ROC on 31 Mar 2024.

People also Viewed

Similar Companies Based on Textile Retail & Distribution