Shrivallabh Pittie South West Industries Limited

Produces and sells blended yarn for weavers with multiple manufacturing units.

1993 | Mumbai, Maharashtra (India) | Under Insolvency
Last Updated: January 17, 2025

Shrivallabh Pittie South West Industries Profile

Key Indicators

  • Authorised Capital ₹ 8.00 Cr
  • Paid Up Capital ₹ 7.99 Cr
  • Company Age 31 Year, 5 Months
  • Last Filing with ROC 31 Mar 2022
  • Open Charges ₹ 838.54 Cr
  • Satisfied Charges ₹ 223.00 Cr
  • Revenue Growth -21.79%
  • Profit Growth -11760.50%
  • Ebitda 21.73%
  • Net Worth -45.86%
  • Total Assets -14.67%

About Shrivallabh Pittie South West Industries

Shrivallabh Pittie South West Industries Limited (SPSWIL) is Under Cirp company established on 11 Aug 1993 with its office registered at Mumbai, Maharashtra, India and has been running since 31 Year, 5 Months with a paid up capital of 7.99 Cr. According to MCA records, 5 Directors are linked to this company as of 17 Jan 2025.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17120MH1993PLC073419

  • Company No.

    073419

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    11 Aug 1993

  • Date of AGM

    29 Sep 2022

  • Date of Balance Sheet

    31 Mar 2022

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Manufacturing

Who are the key members and board of directors at Shrivallabh Pittie South West Industries?

Board Members (5)

Name Designation Appointment Date Status
Chirag Pittie Country flag representing In Director 18-Jul-2011 Current
Gopal Lohia Country flag representing In Director 03-Jul-2023 Current
Ashok Pittie Country flag representing In Director 03-Sep-2022 Current
Naval Mishra Country flag representing In Director 03-Jul-2023 Current
Praveen Shelley Country flag representing In Director 02-Mar-2012 Current

Financial Performance of Shrivallabh Pittie South West Industries.

Shrivallabh Pittie South West Industries Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 21.79% decrease. The company also saw a substantial fall in profitability, with a 11760.5% decrease in profit. The company's net worth observed a substantial decline by a decrease of 45.86%.

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
-21.79%
Revenue from Operations
-1.63%
Total Assets
-14.67%
Profit or Loss
-11760.50%
Net Worth
-45.86%
EBITDA
21.73%

What is the Ownership and Shareholding Structure of Shrivallabh Pittie South West Industries?

In 2021, Shrivallabh Pittie South West Industries had a promoter holding of 100.00%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹838.54 Cr

Satisfied Charges

₹223.00 Cr

Charges Breakdown by Lending Institutions

  • Others : 360.31 Cr
  • Indian Overseas Bank : 269.59 Cr
  • United Bank Of India : 70.00 Cr
  • Ifci Limited : 50.00 Cr
  • Central Bank Of India : 45.00 Cr
  • Others : 43.64 Cr

Latest Charge Details

Date Lender Amount Status
21 Jan 2022 Canara Bank ₹3.17 Cr Open
31 Mar 2021 Canara Bank ₹5.93 Cr Open
26 Mar 2021 Others ₹8.94 Cr Open
19 Mar 2021 Others ₹1.97 Cr Open
26 Feb 2021 Others ₹6.36 Cr Open

How Many Employees Work at Shrivallabh Pittie South West Industries?

Shrivallabh Pittie South West Industries has a workforce of 151 employees as of Mar 30, 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 Shrivallabh Pittie South West Industries, 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 Shrivallabh Pittie South West Industries'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 Shrivallabh Pittie South West Industries

Recent activity within the organization

  • Director Appointment

    Gopal Lohia was appointed as a Director was appointed as a Director on 03 Jul 2023 & has been associated with this company since 1 year 7 months .

    03 Jul 2023

  • Director Appointment

    Naval Tara Mishra was appointed as a Director was appointed as a Director on 03 Jul 2023 & has been associated with this company since 1 year 7 months .

    03 Jul 2023

  • Charges

    A charge with Indian Overseas Bank of Rs. 232.01 Cr registered on 13 Dec 2011 with Charge ID 10329838 was modified on 30 Nov 2022.

    30 Nov 2022

  • Annual General Meeting

    Shrivallabh Pittie South West Industries Limited last Annual general meeting of members was held on 29 Sep 2022 as per latest MCA records.

    29 Sep 2022

  • Director Appointment

    Ashok Kumar Pittie was appointed as a Director was appointed as a Director on 03 Sep 2022 & has been associated with this company since 2 years 5 months .

    03 Sep 2022

  • Balance Sheet

    Shrivallabh Pittie South West Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Mumbai.

    31 Mar 2022

Frequently asked questions

  • Shrivallabh Pittie South West Industries Limited was incorporated on 11 Aug 1993.

  • The authorized share capital of Shrivallabh Pittie South West Industries Limited is ₹ 8.00 Cr and paid-up capital is ₹ 7.99 Cr.

  • Currently 5 directors are associated with Shrivallabh Pittie South West Industries Limited.

    • Chirag Vinod Kumar Pittie
    • Gopal Lohia
    • Ashok Kumar Pittie
    • Naval Tara Mishra
    • Praveen Shelley
  • As per Ministry of Corporate Affairs (Mca), the registered address of Shrivallabh Pittie South West Industries Limited is 97 Maker Tower 'F', Cuffe Parade India, Mumbai, Maharashtra, 400005.

  • The corporate identification number (CIN) of Shrivallabh Pittie South West Industries Limited is U17120MH1993PLC073419 and the company number is 073419 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Shrivallabh Pittie South West Industries Limited is https://www.pittie.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Shrivallabh Pittie South West Industries Limited has fallen by -21.79%.

  • As Per 2022 financial reports, 151 employees are currently employed by Shrivallabh Pittie South West Industries Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Shrivallabh Pittie South West Industries Limited has experienced an downturn of -45.86%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Shrivallabh Pittie South West Industries Limited amount to ₹ 838.54 Cr.

  • The most recent Balance Sheet for Shrivallabh Pittie South West Industries Limited was filed with the ROC on 31 Mar 2022.

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