Narain Synthetics Pvt Ltd

Manufactures man-made fiber and fabric blends, with a monthly production capacity of 0.5 million meters.

1983 | Mumbai, Maharashtra (India) | Active
Last Updated: December 30, 2024

Narain Synthetics Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 2.83 M
  • Company Age 41 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 37.17 Cr
  • Revenue Growth 114.44%
  • Profit Growth 472.43%
  • Ebitda 72.17%
  • Net Worth 4.65%
  • Total Assets -6.41%

About Narain Synthetics

Narain Synthetics Pvt Ltd (NSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 13 May 1983 and has a history of 41 years and nine months. Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Manufacturing 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 5.00 M and a paid-up capital of Rs 2.83 M.

The company has closed loans amounting to ₹37.17 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Harcharankamalsingh Malik, Gursharansingh Dang, Satnam Dang, and Two other members serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U17200MH1983PTC029977

  • Company No.

    029977

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    13 May 1983

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Manufacturing

Who are the key members and board of directors at Narain Synthetics?

Board Members (5)

NameDesignationAppointment DateStatus
Harcharankamalsingh Malik Country flag representing In Director 01-Nov-1995Current
Gursharansingh Dang Country flag representing In Additional Director 10-Jul-2013Current
Satnam Dang Country flag representing In Director 13-May-1983Current
Namanpal Dang Director 30-Mar-2023Current
Gurcharanpalsingh Dang Country flag representing In Additional Director 10-Jul-2013Current

Financial Performance of Narain Synthetics.

Narain Synthetics Pvt Ltd, for the financial year ended 2022, experienced significant growth in revenue, with a 114.44% increase. The company also saw a substantial improvement in profitability, with a 472.43% increase in profit. The company's net worth moved up by a moderate rise of 4.65%.

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
114.44%
Revenue from Operations
116.42%
Total Assets
-6.41%
Profit or Loss
472.43%
Net Worth
4.65%
EBITDA
72.17%

What is the Ownership and Shareholding Structure of Narain Synthetics?

Unlock access to Narain Synthetics'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

₹0

Satisfied Charges

₹371.69 M

Charges Breakdown by Lending Institutions

  • Punjab & Sind Bank : 21.04 Cr
  • Others : 12.74 Cr
  • Punjab & Sind Bank : 3.39 Cr

Latest Charge Details

DateLenderAmountStatus
05 Mar 2020Others₹7.77 MSatisfied
30 Oct 2018Others₹9.60 MSatisfied
20 Nov 2013Others₹3.00 CrSatisfied
20 Nov 2013Others₹8.00 CrSatisfied
27 Jul 2011Punjab & Sind Bank₹8.40 MSatisfied

How Many Employees Work at Narain Synthetics?

Narain Synthetics has a workforce of 49 employees as of Apr 05, 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 Narain Synthetics, 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 Narain Synthetics'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 Narain Synthetics

Recent activity within the organization

  • Charges

    A charge registered on 05 Mar 2020 via Charge ID 100350030 with Others was fully satisfied on 11 Nov 2024.

    11 Nov 2024

  • Charges

    A charge registered on 30 Oct 2018 via Charge ID 100280997 with Others was fully satisfied on 11 Nov 2024.

    11 Nov 2024

  • Charges

    A charge registered on 20 Nov 2013 via Charge ID 10463875 with Others was fully satisfied on 11 Nov 2024.

    11 Nov 2024

  • Charges

    A charge registered on 20 Nov 2013 via Charge ID 10464248 with Others was fully satisfied on 11 Nov 2024.

    11 Nov 2024

  • Charges

    A charge registered on 27 Jul 2011 via Charge ID 10306044 with Punjab & Sind Bank was fully satisfied on 11 Nov 2024.

    11 Nov 2024

  • Charges

    A charge registered on 22 Nov 2008 via Charge ID 10138101 with Punjab & Sind Bank was fully satisfied on 11 Nov 2024.

    11 Nov 2024

Frequently asked questions

  • Narain Synthetics Pvt Ltd was incorporated on 13 May 1983.

  • The authorized share capital of Narain Synthetics Pvt Ltd is ₹ 5.00 M and paid-up capital is ₹ 2.83 M.

  • Currently 5 directors are associated with Narain Synthetics Pvt Ltd.

    • Harcharankamalsingh Rajsingh Malik
    • Gursharansingh Satnamsingh Dang
    • Satnam Singh Narain Singh Dang
    • Namanpal Singh Dang
    • Gurcharanpalsingh Dang
  • As per Ministry of Corporate Affairs (Mca), the registered address of Narain Synthetics Pvt Ltd is 211/ 126 Sanjay Bdg5-A Mittal Ind Estate Andheri (E) India, Mumbai, Maharashtra, 400059.

  • The corporate identification number (CIN) of Narain Synthetics Pvt Ltd is U17200MH1983PTC029977 and the company number is 029977 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Narain Synthetics Pvt Ltd is https://www.narainsfashionfabrics.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Narain Synthetics Pvt Ltd has risen by 114.44%.

  • As Per 2022 financial reports, 49 employees are currently employed by Narain Synthetics Pvt Ltd.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Narain Synthetics Pvt Ltd has experienced an upsurge of 4.65%.

  • The most recent Balance Sheet for Narain Synthetics Pvt Ltd was filed with the ROC on 31 Mar 2024.