Sangam Weavers Profile
Key Indicators
- Authorised Capital ₹ 7.40 Cr
as on 23-12-2024
- Paid Up Capital ₹ 3.85 Cr
as on 23-12-2024
- Company Age 29 Year, 8 Days
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 22.03 Cr
as on 23-12-2024
- Satisfied Charges ₹ 34.69 Cr
as on 23-12-2024
- Revenue 53.59%
(FY 2022)
- Profit 254.50%
(FY 2022)
- Ebitda 41.19%
(FY 2022)
- Net Worth 2.38%
(FY 2022)
- Total Assets 16.54%
(FY 2022)
About Sangam Weavers
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.
- 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
Company Details
- Location
Ludhiana, Punjab, India
- Telephone
- Email Address
- Website
- Social Media-
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.
Who are the key members and board of directors at Sangam Weavers?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Piyush Jain  | Director | 16-Apr-2018 | Current |
| Bipan Jain | Director | 01-Jul-2012 | Current |
| Dinesh Jain | Director | 24-Mar-1998 | Current |
| Akshay Jain | Director | 10-Jun-2014 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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.
Related Corporates (Common Directorship)
Sharman Udyog Private LimitedActive 41 years 7 monthsBipan Jain, Dinesh Jain and 1 more are mutual person
Charges (Loans)
₹22.03 Cr
₹34.69 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 22.03 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 06 Oct 2022 | Hdfc Bank Limited | ₹3.85 M | Open |
| 06 Jun 2017 | Hdfc Bank Limited | ₹21.64 Cr | Open |
| 08 Dec 2014 | Others | ₹12.01 Cr | Satisfied |
| 19 Jan 2009 | State Bank Of India | ₹8.00 M | Satisfied |
| 31 May 2005 | State Bank Of India | ₹9.00 M | Satisfied |
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.
Deals i
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
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.
