Salasar Polytex Private Limited

Produces and sells nylon filament yarn and fabric, with a production capacity of 18 MT per day.

1999 | Surat, Gujarat (India) | Active
Last Updated:

Salasar Polytex Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 2.03 Cr
  • Company Age 26 Year, 1 Day
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 92.92 Cr
  • Satisfied Charges ₹ 13.45 Cr
  • Revenue Growth 6.03%
  • Profit Growth -131.63%
  • Ebitda -129.25%
  • Net Worth -13.79%
  • Total Assets 47.71%

About Salasar Polytex

Salasar Polytex Private Limited (SPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 30 March 1999 and has a history of 26 years. Its registered office is in Surat, Gujarat, India.

The Corporate was formerly known as Gurunath Trade Link Limited. 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 Cr and a paid-up capital of Rs 2.03 Cr.

The company currently has active open charges totaling ₹92.92 Cr. The company has closed loans amounting to ₹13.45 Cr, as per Ministry of Corporate Affairs (MCA) records.

Anu Todi, Sanjaykumar Todi, Sanjay Todi, and One other member 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

    U17100GJ1999PTC035669

  • Company No.

    035669

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    30 Mar 1999

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Manufacturing

What products or services does Salasar Polytex Private Limited offer?

Salasar Polytex Private Limited offers a wide range of products and services, including Jersey & Knitted Fabric, Warp Knitted Fabrics, Yarns & Threads, Synthetic Yarn, Synthetic Fabric, Velvet Fabrics, Net & Mesh Fabric, Raschel Net Fabric.

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

Board Members (4)

NameDesignationAppointment DateStatus
Anu Todi Country flag representing In Director 09-May-2009Current
Sanjaykumar Todi Country flag representing In Director 09-May-2009Current
Sanjay Todi Country flag representing In Director 06-Feb-2004Current
Rajeshkumar Todi Country flag representing In Director 30-Mar-1999Current

Financial Performance of Salasar Polytex.

Salasar Polytex Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 6.03% increase. The company also saw a substantial fall in profitability, with a 131.63% decrease in profit. The company's net worth observed a substantial decline by a decrease of 13.79%.

Salasar Polytex revenue growth over time
Salasar 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
6.03%
Revenue from Operations
6.01%
Total Assets
47.71%
Profit or Loss
-131.63%
Net Worth
-13.79%
EBITDA
-129.25%

What is the Ownership and Shareholding Structure of Salasar Polytex?

In 2022, Salasar Polytex had a promoter holding of 24.59% and a public holding of 75.41%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹92.92 Cr

Satisfied Charges

₹13.45 Cr

Charges Breakdown by Lending Institutions

  • Others : 92.92 Cr

Latest Charge Details

DateLenderAmountStatus
29 Mar 2010Others₹46.46 CrOpen
25 Mar 2010Others₹46.46 CrOpen
01 Jun 2021Others₹6.46 MSatisfied
15 May 2021Others₹6.50 MSatisfied
27 Dec 2010Bank Of Baroda₹9.65 CrSatisfied

How Many Employees Work at Salasar Polytex?

Salasar Polytex has a workforce of 15 employees as of Mar 29, 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 Salasar Polytex Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Salasar 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 Salasar 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 Salasar Polytex

Recent activity within the organization

  • Charges

    A charge registered on 01 Jun 2021 via Charge ID 100474444 with Others was fully satisfied on 20 Dec 2024.

  • Charges

    A charge registered on 15 May 2021 via Charge ID 100474445 with Others was fully satisfied on 20 Dec 2024.

  • Annual General Meeting

    Salasar Polytex Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Salasar Polytex Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

  • Charges

    A charge with Others of Rs. 46.46 Cr registered on 25 Mar 2010 with Charge ID 10213606 was modified on 14 Dec 2023.

  • Charges

    A charge with Others of Rs. 46.46 Cr registered on 29 Mar 2010 with Charge ID 10216641 was modified on 22 Dec 2021.

Frequently asked questions

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

    Salasar Polytex Private Limited was incorporated on 30 Mar 1999.

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

    The authorized share capital of Salasar Polytex Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 2.03 Cr.

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

    Currently 4 directors are associated with Salasar Polytex Private Limited.

    • Anu Todi
    • Sanjaykumar Satyanarayan Todi
    • Sanjay Kumar Badriprasad Todi
    • Rajeshkumar Badriprasad Todi

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

    As per Ministry of Corporate Affairs (Mca), the registered address of Salasar Polytex Private Limited is Survey No. 772/12 Block 1040 1051 Via Tadkeshwar Tal. Mandvi, India, Surat, Gujarat, 394160.

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

    The corporate identification number (CIN) of Salasar Polytex Private Limited is U17100GJ1999PTC035669 and the company number is 035669 as per Ministry of Corporate Affairs (MCA).

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

    The Official website of Salasar Polytex Private Limited is https://www.salasargroup.co.in

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

    According to the financial reports for the fiscal year 2023, the revenue trend for Salasar Polytex Private Limited has risen by 6.03%.

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

    As Per 2023 financial reports, 15 employees are currently employed by Salasar Polytex Private Limited.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Salasar Polytex Private Limited has experienced an downturn of -13.79%.

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

    As per the financial statements for fiscal Year 2023, The total open charges for Salasar Polytex Private Limited amount to ₹ 92.92 Cr.

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

    The most recent Balance Sheet for Salasar Polytex Private Limited was filed with the ROC on 31 Mar 2024.