Salasar Polytex Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
- Paid Up Capital ₹ 2.03 Cr
- Company Age 25 Year, 10 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 94.22 Cr
- Satisfied Charges ₹ 12.15 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 25 years and ten months. 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 2023. 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 ₹94.22 Cr. The company has closed loans amounting to ₹12.15 Cr, as per Ministry of Corporate Affairs (MCA) records.
Rajeshkumar Todi, Sanjay Todi, Anu 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 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
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)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Rajeshkumar Todi  | Director | 30-Mar-1999 | Current |
| Sanjay Todi | Director | 06-Feb-2004 | Current |
| Anu Todi | Director | 09-May-2009 | Current |
| Sanjaykumar Todi | Director | 09-May-2009 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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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.
Related Corporates (Common Directorship)
Salasar Yarns Private LimitedRajeshkumar Todi and Sanjay Todi are mutual person
Salasar Filaments Private LimitedRajeshkumar Todi and Sanjay Todi are mutual person
Todi Rayons Private LimitedRajeshkumar Todi and Sanjay Todi are mutual person
- Shree Balaji Nylon Private Limited
Rajeshkumar Todi, Sanjay Todi and 2 more are mutual person
- Majahelp Network Marketing Private Limited
Rajeshkumar Todi, Sanjay Todi and 2 more are mutual person
- Nylon Spinners Association
Rajeshkumar Todi and Sanjaykumar Todi are mutual person
Charges (Loans)
₹94.22 Cr
₹12.15 Cr
Charges Breakdown by Lending Institutions
- Others : 94.22 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 01 Jun 2021 | Others | ₹6.46 M | Open |
| 15 May 2021 | Others | ₹6.50 M | Open |
| 29 Mar 2010 | Others | ₹46.46 Cr | Open |
| 25 Mar 2010 | Others | ₹46.46 Cr | Open |
| 27 Dec 2010 | Bank Of Baroda | ₹9.65 Cr | Satisfied |
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.
Deals i
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
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
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