Salasar Yarns Profile
Key Indicators
- Authorised Capital ₹ 3.00 Cr
- Paid Up Capital ₹ 2.01 Cr
- Company Age 25 Year, 1 Month
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 93.79 Cr
- Satisfied Charges ₹ 26.45 Cr
- Revenue Growth 1.03%
- Profit Growth -64.42%
- Ebitda -26.20%
- Net Worth 8.55%
- Total Assets 6.95%
About Salasar Yarns
Salasar Yarns Private Limited (SYPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 20 December 1999 and has a history of 25 years and one month. 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 3.00 Cr and a paid-up capital of Rs 2.01 Cr.
The company currently has active open charges totaling ₹93.79 Cr. The company has closed loans amounting to ₹26.45 Cr, as per Ministry of Corporate Affairs (MCA) records.
Rajeshkumar Todi, Sanjay Todi, and Paragkumar Todi serve as directors at the Company.
Company Details
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Location
Surat, Gujarat, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U17110GJ1999PTC037044
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Company No.
037044
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
20 Dec 1999
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Date of AGM
26 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Ahmedabad
Industry
What products or services does Salasar Yarns Private Limited offer?
Salasar Yarns Private Limited offers a wide range of products and services, including Yarns & Threads, Synthetic Yarn, Apparel Fabrics & Clothing Textiles, Apparel & Clothing Fabric, Jersey & Knitted Fabric, Knitted Fabrics, Net & Mesh Fabric, Raschel Net Fabric, Nylon Yarn, Fancy Net Fabric.
Who are the key members and board of directors at Salasar Yarns?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Paragkumar Todi
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Director | 05-Apr-2013 | Current |
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Rajeshkumar Todi
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Director | 05-Apr-2004 | Current |
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Sanjay Todi
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Director | 06-Feb-2004 | Current |
Financial Performance of Salasar Yarns.
Salasar Yarns Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 1.03% increase. The company also saw a substantial fall in profitability, with a 64.42% decrease in profit. The company's net worth moved up by a moderate rise of 8.55%.
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What is the Ownership and Shareholding Structure of Salasar Yarns?
In 2023, Salasar Yarns had a promoter holding of 84.35% and a public holding of 15.65%. The company had 2 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Salasar Polytex Private LimitedRajeshkumar Todi and Sanjay Todi are mutual person
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Salasar Filaments Private LimitedRajeshkumar Todi and Sanjay Todi are mutual person
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Todi Rayons Private LimitedRajeshkumar Todi, Sanjay Todi and 1 more are mutual person
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Shree Balaji Nylon Private Limited
Rajeshkumar Todi and Sanjay Todi are mutual person
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Majahelp Network Marketing Private Limited
Rajeshkumar Todi and Sanjay Todi are mutual person
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Nylon Spinners Association
Rajeshkumar Todi is a mutual person
Charges (Loans)
₹93.79 Cr
₹26.45 Cr
Charges Breakdown by Lending Institutions
- Others : 56.88 Cr
- Oriental Bank Of Commerce : 36.91 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 04 Aug 2022 | Others | ₹10.00 Cr | Open |
| 20 Nov 2021 | Others | ₹1.50 Cr | Open |
| 02 Nov 2021 | Others | ₹1.15 Cr | Open |
| 25 Feb 2021 | Others | ₹3.60 Cr | Open |
| 25 Jan 2021 | Others | ₹3.60 Cr | Open |
How Many Employees Work at Salasar Yarns?
Salasar Yarns has a workforce of 3 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 Yarns, 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 Yarns'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
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.