Salasar Yarns Private Limited

Textile company trading and supplying various types of yarn and fabrics under 'St Lon' brand.

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

Salasar Yarns Profile

Key Indicators

  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 2.01 Cr
  • Company Age 25 Year, 2 Months
  • 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 two months. 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

  • Location

    Surat, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    salasargroup.co.in

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U17110GJ1999PTC037044

  • Company No.

    037044

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    20 Dec 1999

  • Date of AGM

    26 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Manufacturing

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)

NameDesignationAppointment DateStatus
Paragkumar Todi Country flag representing In Director 05-Apr-2013Current
Rajeshkumar Todi Country flag representing In Director 05-Apr-2004Current
Sanjay Todi Country flag representing In Director 06-Feb-2004Current

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%.

Salasar Yarns revenue growth over time
Salasar Yarns 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
1.03%
Revenue from Operations
1.20%
Total Assets
6.95%
Profit or Loss
-64.42%
Net Worth
8.55%
EBITDA
-26.20%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹93.79 Cr

Satisfied Charges

₹26.45 Cr

Charges Breakdown by Lending Institutions

  • Others : 56.88 Cr
  • Oriental Bank Of Commerce : 36.91 Cr

Latest Charge Details

DateLenderAmountStatus
04 Aug 2022Others₹10.00 CrOpen
20 Nov 2021Others₹1.50 CrOpen
02 Nov 2021Others₹1.15 CrOpen
25 Feb 2021Others₹3.60 CrOpen
25 Jan 2021Others₹3.60 CrOpen

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.

Employee growth trends for Salasar Yarns Private Limited

Deals i

Graph showing company valuation over time

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

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 Yarns

Recent activity within the organization

  • Annual General Meeting

    Salasar Yarns Private Limited last Annual general meeting of members was held on 26 Sep 2023 as per latest MCA records.

  • Charges

    A charge registered on 23 Jul 2015 via Charge ID 10585664 with Oriental Bank Of Commerce was fully satisfied on 01 Aug 2023.

  • Balance Sheet

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

  • Charges

    A charge registered on 12 Jan 2013 via Charge ID 10401327 with Oriental Bank Of Commerce was fully satisfied on 21 Feb 2023.

  • Charges

    A charge with Others of Rs. 31.03 Cr registered on 01 Jul 2011 with Charge ID 10400768 was modified on 29 Aug 2022.

  • Charges

    A charge with Others amounted to Rs. 10.00 Cr with Charge ID 100605380 was registered on 04 Aug 2022.

Frequently asked questions

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

    Salasar Yarns Private Limited was incorporated on 20 Dec 1999.

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

    The authorized share capital of Salasar Yarns Private Limited is ₹ 3.00 Cr and paid-up capital is ₹ 2.01 Cr.

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

    Currently 3 directors are associated with Salasar Yarns Private Limited.

    • Rajeshkumar Badriprasad Todi
    • Sanjay Kumar Badriprasad Todi
    • Paragkumar Sanjaykumar Todi

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

    As per Ministry of Corporate Affairs (Mca), the registered address of Salasar Yarns Private Limited is 5007 Worlg Trade Centrenr Udhana Darwaja Ring Road India, Surat, Gujarat, 395002.

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

    The corporate identification number (CIN) of Salasar Yarns Private Limited is U17110GJ1999PTC037044 and the company number is 037044 as per Ministry of Corporate Affairs (MCA).

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

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

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

    According to the financial reports for the fiscal year 2023, the revenue trend for Salasar Yarns Private Limited has risen by 1.03%.

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

    As Per 2023 financial reports, 3 employees are currently employed by Salasar Yarns Private Limited.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Salasar Yarns Private Limited has experienced an upsurge of 8.55%.

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

    As per the financial statements for fiscal Year 2023, The total open charges for Salasar Yarns Private Limited amount to ₹ 93.79 Cr.

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

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