Saraswati Suitings Private Limited

Textile company that specializes in spinning, weaving, manufacturing, and trading of various materials.

1999 | Bhilwara, Rajasthan (India) | Active
Last Updated: January 02, 2025

Saraswati Suitings Profile

Key Indicators

  • Authorised Capital ₹ 2.00 M
  • Paid Up Capital ₹ 2.00 M
  • Company Age 25 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 4.50 Cr
  • Revenue Growth 1.49%
  • Profit Growth -106.59%
  • Ebitda 3.19%
  • Net Worth -0.27%
  • Total Assets 2.32%

About Saraswati Suitings

Saraswati Suitings Private Limited (SSPL) is a Private Limited Indian Non-Government Company incorporated in India on 16 September 1999 and has a history of 25 years and five months. Its registered office is in Bhilwara, Rajasthan, India.

The Company is engaged in the Home & Lifestyle 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 2.00 M and a paid-up capital of Rs 2.00 M.

The company has closed loans amounting to ₹4.50 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Shalu Agarwal and Ravi Agarwal serve as directors at the Company.

Company Details

  • Location

    Bhilwara, Rajasthan, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U18108RJ1999PTC015880

  • Company No.

    015880

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    16 Sep 1999

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Jaipur

Industry

Home & Lifestyle

Who are the key members and board of directors at Saraswati Suitings?

Board Members (2)

NameDesignationAppointment DateStatus
Shalu Agarwal Country flag representing In Director 16-Sep-1999Current
Ravi Agarwal Country flag representing In Director 16-Sep-1999Current

Financial Performance of Saraswati Suitings.

Saraswati Suitings Private Limited, for the financial year ended 2022, experienced modest growth in revenue, with a 1.49% increase. The company also saw a substantial fall in profitability, with a 106.59% decrease in profit. The company's net worth dipped by a decrease of 0.27%.

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
1.49%
Revenue from Operations
Total Assets
2.32%
Profit or Loss
-106.59%
Net Worth
-0.27%
EBITDA
3.19%

What is the Ownership and Shareholding Structure of Saraswati Suitings?

In 2021, Saraswati Suitings 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

₹0

Satisfied Charges

₹45.00 M

Charges Breakdown by Lending Institutions

  • Kotak Mahindra Bank Limited : 2.00 Cr
  • Indian Bank : 1.50 Cr
  • Axis Bank Limited : 1.00 Cr

Latest Charge Details

DateLenderAmountStatus
13 Oct 2010Kotak Mahindra Bank Limited₹2.00 CrSatisfied
17 Feb 2010Indian Bank₹1.50 CrSatisfied
16 Sep 2006Axis Bank Limited₹1.00 CrSatisfied

How Many Employees Work at Saraswati Suitings?

Unlock and access historical data on people associated with Saraswati Suitings, 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 Saraswati Suitings, 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 Saraswati Suitings'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 Saraswati Suitings

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

    Saraswati Suitings Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Jaipur.

    31 Mar 2024

  • Charges

    A charge registered on 13 Oct 2010 via Charge ID 10246069 with Kotak Mahindra Bank Limited was fully satisfied on 20 Feb 2016.

    20 Feb 2016

  • Charges

    A charge with Kotak Mahindra Bank Limited of Rs. 20.00 M registered on 13 Oct 2010 with Charge ID 10246069 was modified on 24 Jul 2012.

    24 Jul 2012

  • Charges

    A charge registered on 17 Feb 2010 via Charge ID 10204074 with Indian Bank was fully satisfied on 01 Nov 2010.

    01 Nov 2010

  • Charges

    A charge with Kotak Mahindra Bank Limited amounted to Rs. 20.00 M with Charge ID 10246069 was registered on 13 Oct 2010.

    13 Oct 2010

Frequently asked questions

  • Saraswati Suitings Private Limited was incorporated on 16 Sep 1999.

  • The authorized share capital of Saraswati Suitings Private Limited is ₹ 2.00 M and paid-up capital is ₹ 2.00 M.

  • Currently 2 directors are associated with Saraswati Suitings Private Limited.

    • Shalu Agarwal
    • Ravi Agarwal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Saraswati Suitings Private Limited is 7-A Textile Market, India, Bhilwara, Rajasthan, 311001.

  • The corporate identification number (CIN) of Saraswati Suitings Private Limited is U18108RJ1999PTC015880 and the company number is 015880 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for Saraswati Suitings Private Limited has risen by 1.49%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Saraswati Suitings Private Limited has experienced an downturn of -0.27%.

  • The most recent Balance Sheet for Saraswati Suitings Private Limited was filed with the ROC on 31 Mar 2024.