Quality Synthetics Industries Ltd.

Non-banking financial company with real estate business, listed on Indian stock exchanges.

1975 | Kolkata, West Bengal (India) | Active
Last Updated: November 16, 2024

Quality Synthetics Industries Profile

Key Indicators

  • Authorised Capital ₹ 5.55 Cr
  • Paid Up Capital ₹ 5.50 Cr
  • Company Age 49 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 6.93 Cr
  • Satisfied Charges ₹ 16.67 Cr
  • Revenue Growth 430.46%
  • Profit Growth 46.53%
  • Ebitda -54.75%
  • Net Worth 2.51%
  • Total Assets 13.21%

About Quality Synthetics Industries

Quality Synthetics Industries Ltd. (QSIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 05 April 1975 and has a history of 49 years and nine months. Its registered office is in Kolkata, West Bengal, India.

The Corporate was formerly known as Quality Investments Limited. The Company is engaged in the Financial Services Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 5.55 Cr and a paid-up capital of Rs 5.50 Cr.

The company currently has active open charges totaling ₹6.93 Cr. The company has closed loans amounting to ₹16.67 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Quality Synthetics Industries Ltd. India are Sweta Agarwal as COMPANY SECRETARY and Binay Kumar as Cfo. Atul Kumar, Veena Aggarwal, Vinayak Sureka, and One other member serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    L65929WB1975PLC029956

  • Company No.

    029956

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    05 Apr 1975

  • Date of AGM

    21 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Kolkata

Industry

Financial Services

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

Executive Team (3)

Name Designation Appointment Date Status
Deepanshu Sureka Country flag representing In Managing Director 03-Mar-2023 Current
Sweta Agarwal Country flag representing In Company Secretary Current
Binay Kumar Country flag representing In CFO 15-Mar-2023 Current

Board Members (3)

Name Designation Appointment Date Status
Atul Kumar Country flag representing In Director 23-Feb-2024 Current
Veena Aggarwal Country flag representing In Director 23-Feb-2024 Current
Vinayak Sureka Country flag representing In Director 01-Apr-2021 Current

Financial Performance of Quality Synthetics Industries.

Quality Synthetics Industries Ltd., for the financial year ended 2023, experienced significant growth in revenue, with a 430.46% increase. The company also saw a substantial improvement in profitability, with a 46.53% increase in profit. The company's net worth moved up by a moderate rise of 2.51%.

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
430.46%
Revenue from Operations
1062.07%
Total Assets
13.21%
Profit or Loss
46.53%
Net Worth
2.51%
EBITDA
-54.75%

What is the Ownership and Shareholding Structure of Quality Synthetics Industries?

In 2023, Quality Synthetics Industries had a promoter holding of 42.83% and a public holding of 57.17%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹6.93 Cr

Satisfied Charges

₹16.67 Cr

Charges Breakdown by Lending Institutions

  • Others : 3.92 Cr
  • Tata Capital Financial Services Limited : 3.01 Cr

Latest Charge Details

Date Lender Amount Status
25 Jul 2024 Others ₹1.50 Cr Open
15 May 2024 Others ₹4.20 M Open
18 Jan 2024 Others ₹2.00 Cr Open
30 Nov 2016 Tata Capital Financial Services Limited ₹3.01 Cr Open
26 Oct 2015 Indiabulls Housing Finance Limited ₹3.50 Cr Satisfied

How Many Employees Work at Quality Synthetics Industries?

Unlock and access historical data on people associated with Quality Synthetics Industries, 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 Quality Synthetics 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 Quality Synthetics 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 Quality Synthetics Industries

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 1.50 Cr with Charge ID 100960921 was registered on 25 Jul 2024.

    25 Jul 2024

  • Charges

    A charge with Others amounted to Rs. 0.42 Cr with Charge ID 100924305 was registered on 15 May 2024.

    15 May 2024

  • Director Appointment

    Atul Kumar was appointed as a Director was appointed as a Director on 23 Feb 2024 & has been associated with this company since 11 months 9 days .

    23 Feb 2024

  • Director Appointment

    Veena Aggarwal was appointed as a Director was appointed as a Director on 23 Feb 2024 & has been associated with this company since 11 months 9 days .

    23 Feb 2024

  • Charges

    A charge with Others amounted to Rs. 2.00 Cr with Charge ID 100859260 was registered on 18 Jan 2024.

    18 Jan 2024

  • Annual General Meeting

    Quality Synthetics Industries Ltd. last Annual general meeting of members was held on 21 Sep 2023 as per latest MCA records.

    21 Sep 2023

Frequently asked questions

  • Quality Synthetics Industries Ltd. was incorporated on 05 Apr 1975.

  • The authorized share capital of Quality Synthetics Industries Ltd. is ₹ 5.55 Cr and paid-up capital is ₹ 5.50 Cr.

  • Currently 6 directors are associated with Quality Synthetics Industries Ltd..

    • Atul Kumar
    • Veena Aggarwal
    • Vinayak Sureka
    • Deepanshu Sureka
    • Sweta Agarwal
    • Binay Kumar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Quality Synthetics Industries Ltd. is Anand Jyoti Building Room No - 107 1St Floor 41 Netaji Subhas Road, India, Kolkata, West Bengal, 700001.

  • The corporate identification number (CIN) of Quality Synthetics Industries Ltd. is L65929WB1975PLC029956 and the company number is 029956 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Quality Synthetics Industries Ltd. is https://www.qualitysyntheticfibre.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Quality Synthetics Industries Ltd. has risen by 430.46%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Quality Synthetics Industries Ltd. has experienced an upsurge of 2.51%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Quality Synthetics Industries Ltd. amount to ₹ 6.93 Cr.

  • The most recent Balance Sheet for Quality Synthetics Industries Ltd. was filed with the ROC on 31 Mar 2023.

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