Sangam Weavers Private Limited

Manufacturer of knitted fabrics and ready-made garments for men, women, and kids.

1996 | Ludhiana, Punjab (India) | Active
Last Updated:

Sangam Weavers Profile

Key Indicators

  • Authorised Capital ₹ 7.40 Cr
  • Paid Up Capital ₹ 3.85 Cr
  • Company Age 29 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 22.03 Cr
  • Satisfied Charges ₹ 34.69 Cr
  • Revenue Growth 53.59%
  • Profit Growth 254.50%
  • Ebitda 41.19%
  • Net Worth 2.38%
  • Total Assets 16.54%

About Sangam Weavers

Sangam Weavers Private Limited (SWPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 16 January 1996 and has a history of 29 years and three months. Its registered office is in Ludhiana, Punjab, India.

The Corporate was formerly known as Jai Udhay Industries 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 2024. It's a company limited by shares with an authorized capital of Rs 7.40 Cr and a paid-up capital of Rs 3.85 Cr.

The company currently has active open charges totaling ₹22.03 Cr. The company has closed loans amounting to ₹34.69 Cr, as per Ministry of Corporate Affairs (MCA) records.

Bipan Jain, Dinesh Jain, Akshay Jain, and One other member 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

    U17121PB1996PTC017569

  • Company No.

    017569

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    16 Jan 1996

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Manufacturing

What products or services does Sangam Weavers Private Limited offer?

Sangam Weavers Private Limited offers a wide range of products and services, including Apparel Fabrics & Clothing Textiles, Jersey & Knitted Fabric.

Company report

Sangam Weavers Private Limited

Explore comprehensive data for Sangam Weavers Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

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

Board Members (4)

NameDesignationAppointment DateStatus
Piyush Jain Country flag representing In Director 16-Apr-2018Current
Bipan Jain Country flag representing In Director 01-Jul-2012Current
Dinesh Jain Country flag representing In Director 24-Mar-1998Current
Akshay Jain Country flag representing In Director 10-Jun-2014Current

Financial Performance of Sangam Weavers.

Sangam Weavers Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 53.59% increase. The company also saw a substantial improvement in profitability, with a 254.5% increase in profit. The company's net worth moved up by a moderate rise of 2.38%.

Sangam Weavers revenue growth over time
Sangam Weavers 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
53.59%
Revenue from Operations
53.68%
Total Assets
16.54%
Profit or Loss
254.50%
Net Worth
2.38%
EBITDA
41.19%

What is the Ownership and Shareholding Structure of Sangam Weavers?

In 2023, Sangam Weavers 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

₹22.03 Cr

Satisfied Charges

₹34.69 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 22.03 Cr

Latest Charge Details

DateLenderAmountStatus
06 Oct 2022Hdfc Bank Limited₹3.85 MOpen
06 Jun 2017Hdfc Bank Limited₹21.64 CrOpen
08 Dec 2014Others₹12.01 CrSatisfied
19 Jan 2009State Bank Of India₹8.00 MSatisfied
31 May 2005State Bank Of India₹9.00 MSatisfied

How Many Employees Work at Sangam Weavers?

Sangam Weavers has a workforce of 73 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.

Employee growth trends for Sangam Weavers Private Limited

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

    Sangam Weavers Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Sangam Weavers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 21.64 Cr registered on 06 Jun 2017 with Charge ID 100112183 was modified on 11 Mar 2024.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.38 Cr with Charge ID 100665047 was registered on 06 Oct 2022.

  • Director Appointment

    Piyush Jain was appointed as a Director was appointed as a Director on 16 Apr 2018 & has been associated with this company since 7 years 11 days .

  • Charges

    A charge registered on 08 Dec 2014 via Charge ID 10541398 with Others was fully satisfied on 03 Jul 2017.

Frequently asked questions

  • What is the Incorporation or founding date of Sangam Weavers Private Limited?

    Sangam Weavers Private Limited was incorporated on 16 Jan 1996.

  • What is authorized share capital and paid-up capital of Sangam Weavers Private Limited?

    The authorized share capital of Sangam Weavers Private Limited is ₹ 7.40 Cr and paid-up capital is ₹ 3.85 Cr.

  • Who are the current board members & directors of Sangam Weavers Private Limited?

    Currently 4 directors are associated with Sangam Weavers Private Limited.

    • Bipan Kumar Jain
    • Dinesh Jain
    • Akshay Jain
    • Piyush Jain

  • What is the registered address of Sangam Weavers Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Sangam Weavers Private Limited is D 44 Phase Vfocal Point Ludhiana India, Punjab, 141010.

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

    The corporate identification number (CIN) of Sangam Weavers Private Limited is U17121PB1996PTC017569 and the company number is 017569 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Sangam Weavers Private Limited?

    The Official website of Sangam Weavers Private Limited is https://www.sangamweavers.com

  • What has been the recent revenue trend for Sangam Weavers Private Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Sangam Weavers Private Limited has risen by 53.59%.

  • How many employees does Sangam Weavers Private Limited currently have?

    As Per 2022 financial reports, 73 employees are currently employed by Sangam Weavers Private Limited.

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

    The financial reports for the fiscal year 2022 indicates that The net worth of Sangam Weavers Private Limited has experienced an upsurge of 2.38%.

  • What are the total open charges for Sangam Weavers Private Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Sangam Weavers Private Limited amount to ₹ 22.03 Cr.

  • When was the last Balance Sheet of Sangam Weavers Private Limited filed with the ROC?

    The most recent Balance Sheet for Sangam Weavers Private Limited was filed with the ROC on 31 Mar 2024.

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