Saanika Polytex Private Limited

Manufactures and processes various types of industrial fabrics, yarns, and fibrous materials.

2019 | Surat, Gujarat (India) | Active
Last Updated:

Saanika Polytex Profile

Key Indicators

  • Authorised Capital ₹ 11.50 Cr
  • Paid Up Capital ₹ 11.07 Cr
  • Company Age 5 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 354.47 Cr
  • Revenue Growth 28.32%
  • Profit Growth -73.85%
  • Ebitda -44.26%
  • Net Worth 21.53%
  • Total Assets 40.13%

About Saanika Polytex

Saanika Polytex Private Limited (SPPL) is a Private Limited Indian Non-Government Company incorporated in India on 24 October 2019 (Five years and five months 6 days old ). Its registered office is in Surat, Gujarat, 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 2023. It's a company limited by shares with an authorized capital of Rs 11.50 Cr and a paid-up capital of Rs 11.07 Cr.

The company currently has active open charges totaling ₹354.47 Cr.

The Key Managerial Personnel (KMP) at Saanika Polytex Private Limited India is Faini Jain as COMPANY SECRETARY. Sumit Agrawal and Shalu Agrawal serve as directors at the Company.

Company Details

  • Location

    Surat, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U17309GJ2019PTC110499

  • Company No.

    110499

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    24 Oct 2019

  • Date of AGM

    25 Aug 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Manufacturing

Who are the key members and board of directors at Saanika Polytex?

Executive Team (1)

NameDesignationAppointment DateStatus
Faini Jain Company Secretary01-Jun-2023Current

Board Members (2)

NameDesignationAppointment DateStatus
Sumit Agrawal Country flag representing In Director 24-Oct-2019Current
Shalu Agrawal Country flag representing In Director 24-Oct-2019Current

Financial Performance of Saanika Polytex.

Saanika Polytex Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 28.32% increase. The company also saw a substantial fall in profitability, with a 73.85% decrease in profit. The company's net worth Soared by an impressive increase of 21.53%.

Saanika Polytex revenue growth over time
Saanika Polytex 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
28.32%
Revenue from Operations
27.49%
Total Assets
40.13%
Profit or Loss
-73.85%
Net Worth
21.53%
EBITDA
-44.26%

What is the Ownership and Shareholding Structure of Saanika Polytex?

In 2023, Saanika Polytex had a promoter holding of 98.01% and a public holding of 1.98%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹354.47 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 354.47 Cr

Latest Charge Details

DateLenderAmountStatus
15 Nov 2022Others₹5.00 CrOpen
10 Mar 2022Others₹4.90 CrOpen
08 Mar 2021Others₹217.96 CrOpen
03 Mar 2021Others₹126.61 CrOpen

How Many Employees Work at Saanika Polytex?

Saanika Polytex has a workforce of 114 employees as of Apr 08, 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.

Employee growth trends for Saanika Polytex Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Saanika Polytex, 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 Saanika Polytex'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 Saanika Polytex

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 217.96 Cr registered on 08 Mar 2021 with Charge ID 100423354 was modified on 18 Mar 2024.

  • Charges

    A charge with Others of Rs. 126.61 Cr registered on 03 Mar 2021 with Charge ID 100419567 was modified on 12 Mar 2024.

  • Annual General Meeting

    Saanika Polytex Private Limited last Annual general meeting of members was held on 25 Aug 2023 as per latest MCA records.

  • Director Appointment

    Faini Jain was appointed as a Company Secretary was appointed as a Company Secretary on 01 Jun 2023 & has been associated with this company since 1 year 9 months .

  • Balance Sheet

    Saanika Polytex Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

  • Charges

    A charge with Others amounted to Rs. 5.00 Cr with Charge ID 100640112 was registered on 15 Nov 2022.

Frequently asked questions

  • What is the Incorporation or founding date of Saanika Polytex Private Limited?

    Saanika Polytex Private Limited was incorporated on 24 Oct 2019.

  • What is authorized share capital and paid-up capital of Saanika Polytex Private Limited?

    The authorized share capital of Saanika Polytex Private Limited is ₹ 11.50 Cr and paid-up capital is ₹ 11.07 Cr.

  • Who are the current board members & directors of Saanika Polytex Private Limited?

    Currently 3 directors are associated with Saanika Polytex Private Limited.

    • Sumit Omprakash Agrawal
    • Faini Jain
    • Shalu Sumitbhai Agrawal

  • What is the registered address of Saanika Polytex Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Saanika Polytex Private Limited is B/405 Wing BInternational Trade Centre B/S. Radha Krishna Hotel Majura Gate, Surat, Gujarat, India, 395002.

  • What is the corporate identification number (CIN) and company number of Saanika Polytex Private Limited?

    The corporate identification number (CIN) of Saanika Polytex Private Limited is U17309GJ2019PTC110499 and the company number is 110499 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Saanika Polytex Private Limited?

    The Official website of Saanika Polytex Private Limited is https://www.saanikaindustries.com

  • What has been the recent revenue trend for Saanika Polytex Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Saanika Polytex Private Limited has risen by 28.32%.

  • How many employees does Saanika Polytex Private Limited currently have?

    As Per 2023 financial reports, 114 employees are currently employed by Saanika Polytex Private Limited.

  • What change has been observed in the net worth of Saanika Polytex Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Saanika Polytex Private Limited has experienced an upsurge of 21.53%.

  • What are the total open charges for Saanika Polytex Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Saanika Polytex Private Limited amount to ₹ 354.47 Cr.

  • When was the last Balance Sheet of Saanika Polytex Private Limited filed with the ROC?

    The most recent Balance Sheet for Saanika Polytex Private Limited was filed with the ROC on 31 Mar 2023.