Salecha Polyweave Private Limited

Trading and manufacturing of food and plastic products since 1985 in Maharashtra.

1985 | Jalgaon, Maharashtra (India) | Active
Last Updated: July 30, 2024

Salecha Polyweave Profile

Key Indicators

  • Authorised Capital ₹ 6.00 M
  • Paid Up Capital ₹ 5.50 M
  • Company Age 39 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 3.70 Cr
  • Satisfied Charges ₹ 4.50 Cr
  • Revenue Growth -37.08%
  • Profit Growth -34.37%
  • Ebitda 49.71%
  • Net Worth 26.21%
  • Total Assets -23.44%

About Salecha Polyweave

Salecha Polyweave Private Limited (SPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 20 August 1985 and has a history of 39 years and five months. Its registered office is in Jalgaon, Maharashtra, India.

The Company is engaged in the Food And Beverages 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 6.00 M and a paid-up capital of Rs 5.50 M.

The company currently has active open charges totaling ₹3.70 Cr. The company has closed loans amounting to ₹4.50 Cr, as per Ministry of Corporate Affairs (MCA) records.

Ronak Salecha and Amit Salecha serve as directors at the Company.

Company Details

  • Location

    Jalgaon, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U25202MH1985PTC037198

  • Company No.

    037198

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    20 Aug 1985

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Food and Beverages

Who are the key members and board of directors at Salecha Polyweave?

Board Members (2)

Name Designation Appointment Date Status
Ronak Salecha Country flag representing In Director 30-Apr-2008 Current
Amit Salecha Country flag representing In Director 30-Apr-2008 Current

Financial Performance of Salecha Polyweave.

Salecha Polyweave Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 37.08% decrease. The company also saw a substantial fall in profitability, with a 34.37% decrease in profit. The company's net worth Soared by an impressive increase of 26.21%.

Graph illustrating revenue growth over time
Graph showing 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
-37.08%
Revenue from Operations
-37.15%
Total Assets
-23.44%
Profit or Loss
-34.37%
Net Worth
26.21%
EBITDA
49.71%

What is the Ownership and Shareholding Structure of Salecha Polyweave?

In 2022, Salecha Polyweave had a promoter holding of 77.67% and a public holding of 22.33%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹37.00 M

Satisfied Charges

₹45.00 M

Charges Breakdown by Lending Institutions

  • Others : 3.70 Cr

Latest Charge Details

Date Lender Amount Status
29 Jun 2020 Others ₹3.70 Cr Open
09 Jul 2010 The Hasti Co-Operative Bank Limited Branch Jalgaon ₹1.00 Cr Satisfied
03 Sep 1999 State Bank Ofindia ₹2.00 Cr Satisfied
03 Sep 1999 State Bank Of India ₹1.50 Cr Satisfied

How Many Employees Work at Salecha Polyweave?

Unlock and access historical data on people associated with Salecha Polyweave, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Salecha Polyweave, 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 Salecha Polyweave'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 Salecha Polyweave

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Salecha Polyweave Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge with Others of Rs. 37.00 M registered on 29 Jun 2020 with Charge ID 100354951 was modified on 31 Oct 2022.

    31 Oct 2022

  • Charges

    A charge registered on 09 Jul 2010 via Charge ID 10240309 with The Hasti Co-Operative Bank Limited Branch Jalgaon was fully satisfied on 02 Jan 2021.

    02 Jan 2021

  • Charges

    A charge registered on 03 Sep 1999 via Charge ID 90243434 with State Bank Of India was fully satisfied on 20 Nov 2020.

    20 Nov 2020

  • Charges

    A charge registered on 03 Sep 1999 via Charge ID 90214772 with State Bank Ofindia was fully satisfied on 20 Nov 2020.

    20 Nov 2020

Frequently asked questions

  • Salecha Polyweave Private Limited was incorporated on 20 Aug 1985.

  • The authorized share capital of Salecha Polyweave Private Limited is ₹ 6.00 M and paid-up capital is ₹ 5.50 M.

  • Currently 2 directors are associated with Salecha Polyweave Private Limited.

    • Ronak Arvind Salecha
    • Amit Madanlal Salecha
  • As per Ministry of Corporate Affairs (Mca), the registered address of Salecha Polyweave Private Limited is D-100 Midc Area, Jalgaon, Maharashtra, India, 425001.

  • The corporate identification number (CIN) of Salecha Polyweave Private Limited is U25202MH1985PTC037198 and the company number is 037198 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Salecha Polyweave Private Limited has fallen by -37.08%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Salecha Polyweave Private Limited has experienced an upsurge of 26.21%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Salecha Polyweave Private Limited amount to ₹ 3.70 Cr.

  • The most recent Balance Sheet for Salecha Polyweave Private Limited was filed with the ROC on 31 Mar 2023.

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