Saishakti Polysacks Private Limited

Manufactures furniture products and various synthetic bags for packing goods and commodities.

2016 | Bagalkot, Karnataka (India) | Active
Last Updated:

Saishakti Polysacks Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 4.80 Cr
  • Company Age 8 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 12.66 Cr
  • Revenue Growth -44.86%
  • Profit Growth -235.26%
  • Ebitda -136.02%
  • Net Worth -75.71%
  • Total Assets -22.81%

About Saishakti Polysacks

Saishakti Polysacks Private Limited (SPPL) is a Private Limited Indian Non-Government Company incorporated in India on 22 April 2016 (Eight years and 11 months 20 days old ). Its registered office is in Bagalkot, Karnataka, India.

The Company is engaged in the Packaging 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 5.00 Cr and a paid-up capital of Rs 4.80 Cr.

The company currently has active open charges totaling ₹12.66 Cr.

Appasaheb Nimbalkar, Sunil Nimbalkar, and Tejaswini Nimbalkar serve as directors at the Company.

Company Details

  • Location

    Bagalkot, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U36109KA2016PTC092432

  • Company No.

    092432

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    22 Apr 2016

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Packaging
Company report

Saishakti Polysacks Private Limited

Explore comprehensive data for Saishakti Polysacks Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Saishakti Polysacks?

Board Members (3)

NameDesignationAppointment DateStatus
Sunil Nimbalkar Country flag representing In Director 22-Apr-2016Current
Appasaheb Nimbalkar Country flag representing In Director 22-Apr-2016Current
Tejaswini Nimbalkar Country flag representing In Director 22-Apr-2016Current

Financial Performance of Saishakti Polysacks.

Saishakti Polysacks Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 44.86% decrease. The company also saw a substantial fall in profitability, with a 235.26% decrease in profit. The company's net worth observed a substantial decline by a decrease of 75.71%.

Saishakti Polysacks revenue growth over time
Saishakti Polysacks 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
-44.86%
Revenue from Operations
-44.45%
Total Assets
-22.81%
Profit or Loss
-235.26%
Net Worth
-75.71%
EBITDA
-136.02%

What is the Ownership and Shareholding Structure of Saishakti Polysacks?

In 2023, Saishakti Polysacks had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹12.66 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • State Bank Of India : 12.66 Cr

Latest Charge Details

DateLenderAmountStatus
27 Jul 2017State Bank Of India₹12.66 CrOpen

How Many Employees Work at Saishakti Polysacks?

Saishakti Polysacks has a workforce of 0 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 Saishakti Polysacks Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Saishakti Polysacks, 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 Saishakti Polysacks'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 Saishakti Polysacks

Recent activity within the organization

  • Annual General Meeting

    Saishakti Polysacks Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Saishakti Polysacks Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

  • Charges

    A charge with State Bank Of India of Rs. 12.66 Cr registered on 27 Jul 2017 with Charge ID 100115130 was modified on 08 May 2022.

  • Charges

    A charge with State Bank Of India amounted to Rs. 12.66 Cr with Charge ID 100115130 was registered on 27 Jul 2017.

  • Director Appointment

    Appasaheb Subray Nimbalkar was appointed as a Director was appointed as a Director on 22 Apr 2016 & has been associated with this company since 8 years 11 months .

  • Director Appointment

    Sunil Nimbalkar was appointed as a Director was appointed as a Director on 22 Apr 2016 & has been associated with this company since 8 years 11 months .

Frequently asked questions

  • What is the Incorporation or founding date of Saishakti Polysacks Private Limited?

    Saishakti Polysacks Private Limited was incorporated on 22 Apr 2016.

  • What is authorized share capital and paid-up capital of Saishakti Polysacks Private Limited?

    The authorized share capital of Saishakti Polysacks Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 4.80 Cr.

  • Who are the current board members & directors of Saishakti Polysacks Private Limited?

    Currently 3 directors are associated with Saishakti Polysacks Private Limited.

    • Appasaheb Subray Nimbalkar
    • Sunil Nimbalkar
    • Tejaswini Sunil Nimbalkar

  • What is the registered address of Saishakti Polysacks Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Saishakti Polysacks Private Limited is Rs No. 187/2 R/O Uttur Ranjanagi Road Opp Govt High School, Uttur India, Mudhol, Karnataka, 587313.

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

    The corporate identification number (CIN) of Saishakti Polysacks Private Limited is U36109KA2016PTC092432 and the company number is 092432 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Saishakti Polysacks Private Limited?

    The Official website of Saishakti Polysacks Private Limited is https://www.saishaktipolysacks.business.site

  • What has been the recent revenue trend for Saishakti Polysacks Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Saishakti Polysacks Private Limited has fallen by -44.86%.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Saishakti Polysacks Private Limited has experienced an downturn of -75.71%.

  • What are the total open charges for Saishakti Polysacks Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Saishakti Polysacks Private Limited amount to ₹ 12.66 Cr.

  • When was the last Balance Sheet of Saishakti Polysacks Private Limited filed with the ROC?

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

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