Sangam Weavers Apparels Private Limited

Textile company involved in trading and manufacturing of knitted cloth and garments.

2008 | Ludhiana, Punjab (India) | Active
Last Updated: August 05, 2024

Sangam Weavers Apparels Profile

Key Indicators

  • Authorised Capital ₹ 6.00 M
  • Paid Up Capital ₹ 0.15 M
  • Company Age 16 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 9.00 M
  • Satisfied Charges ₹ 1.80 Cr
  • Revenue Growth -27.84%
  • Profit Growth 18.29%
  • Ebitda -4.42%
  • Net Worth 4.52%
  • Total Assets 1.62%

About Sangam Weavers Apparels

Sangam Weavers Apparels Private Limited (SWAPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 04 March 2008 and has a history of 16 years and ten months. Its registered office is in Ludhiana, Punjab, India.

The Corporate was formerly known as Sangam Scrips And Stocks Private Limited. The Company is engaged in the Fashion And Textile 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 0.15 M.

The company currently has active open charges totaling ₹9.00 M. The company has closed loans amounting to ₹1.80 Cr, as per Ministry of Corporate Affairs (MCA) records.

Sanjjeev Jain and Ritu Jain serve as directors at the Company.

Company Details

  • Location

    Ludhiana, Punjab, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U18101PB2008PTC031726

  • Company No.

    031726

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    04 Mar 2008

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Fashion and Textile

What products or services does Sangam Weavers Apparels Private Limited offer?

Sangam Weavers Apparels Private Limited offers a wide range of products and services, including Winter Wear & Accessories, Sweatshirts, Ladies Dresses, Apparels & Clothings, Nightwear, Ladies T-Shirts, Women Capri, Men Shirts, Jeans & Clothing, Men T-Shirts, Sports Wear & Athletic Accessories, Tracksuits.

Who are the key members and board of directors at Sangam Weavers Apparels?

Executive Team (1)

Name Designation Appointment Date Status
Sanjjeev Jain Country flag representing In Managing Director 04-Mar-2008 Current

Board Members (1)

Name Designation Appointment Date Status
Ritu Jain Country flag representing In Whole-Time Director 14-Feb-2012 Current

Financial Performance of Sangam Weavers Apparels.

Sangam Weavers Apparels Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 27.84% decrease. The company also saw a substantial improvement in profitability, with a 18.29% increase in profit. The company's net worth moved up by a moderate rise of 4.52%.

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
-27.84%
Revenue from Operations
-27.93%
Total Assets
1.62%
Profit or Loss
18.29%
Net Worth
4.52%
EBITDA
-4.42%

What is the Ownership and Shareholding Structure of Sangam Weavers Apparels?

In 2023, Sangam Weavers Apparels had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹9.00 M

Satisfied Charges

₹18.00 M

Charges Breakdown by Lending Institutions

  • Others : 0.90 Cr

Latest Charge Details

Date Lender Amount Status
21 Jul 2018 Others ₹9.00 M Open
20 Jul 2018 Others ₹9.00 M Satisfied
08 Sep 2016 Hdfc Bank Limited ₹9.00 M Satisfied

How Many Employees Work at Sangam Weavers Apparels?

Sangam Weavers Apparels has a workforce of 7 employees as of Aug 05, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Sangam Weavers Apparels, 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 Sangam Weavers Apparels'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 Sangam Weavers Apparels

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Sangam Weavers Apparels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chandigarh.

    31 Mar 2023

  • Charges

    A charge with Others of Rs. 9.00 M registered on 21 Jul 2018 with Charge ID 100194520 was modified on 06 Mar 2023.

    06 Mar 2023

  • Charges

    A charge registered on 20 Jul 2018 via Charge ID 100201640 with Others was fully satisfied on 06 Mar 2023.

    06 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 9.00 M with Charge ID 100194520 was registered on 21 Jul 2018.

    21 Jul 2018

  • Charges

    A charge with Others amounted to Rs. 9.00 M with Charge ID 100201640 was registered on 20 Jul 2018.

    20 Jul 2018

Frequently asked questions

  • Sangam Weavers Apparels Private Limited was incorporated on 04 Mar 2008.

  • The authorized share capital of Sangam Weavers Apparels Private Limited is ₹ 6.00 M and paid-up capital is ₹ 0.15 M.

  • Currently 2 directors are associated with Sangam Weavers Apparels Private Limited.

    • Sanjjeev R Jain
    • Ritu Jain
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sangam Weavers Apparels Private Limited is E-579 Phase - Vii, Focal Point, Ludhiana, Punjab, India, 141010.

  • The corporate identification number (CIN) of Sangam Weavers Apparels Private Limited is U18101PB2008PTC031726 and the company number is 031726 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Sangam Weavers Apparels Private Limited has fallen by -27.84%.

  • As Per 2023 financial reports, 7 employees are currently employed by Sangam Weavers Apparels Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Sangam Weavers Apparels Private Limited has experienced an upsurge of 4.52%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Sangam Weavers Apparels Private Limited amount to ₹ 9.00 M.

  • The most recent Balance Sheet for Sangam Weavers Apparels Private Limited was filed with the ROC on 31 Mar 2023.

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