Sarmangal Synthetics Private Limited

This company manufactures various types of yarn and has a windmill for captive consumption.

1995 | Coimbatore, Tamil Nadu (India) | Active
Last Updated:

Sarmangal Synthetics Profile

Key Indicators

  • Authorised Capital ₹ 13.10 Cr
  • Paid Up Capital ₹ 13.01 Cr
  • Company Age 30 Year, 24 Days
  • Last Filing with ROC 31 Mar 2022
  • Open Charges ₹ 76.32 Cr
  • Satisfied Charges ₹ 77.89 Cr
  • Revenue Growth 46.57%
  • Profit Growth 26.52%
  • Ebitda 2.93%
  • Net Worth 5.10%
  • Total Assets 2.10%

About Sarmangal Synthetics

Sarmangal Synthetics Private Limited (SSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 24 April 1995 and has a history of 30 years. Its registered office is in Coimbatore, Tamil Nadu, India.

The Corporate was formerly known as Sarvamangalam Synthetics Private 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 2022. It's a company limited by shares with an authorized capital of Rs 13.10 Cr and a paid-up capital of Rs 13.01 Cr.

The company currently has active open charges totaling ₹76.32 Cr. The company has closed loans amounting to ₹77.89 Cr, as per Ministry of Corporate Affairs (MCA) records.

Balchand Bhawarlal, Balchand Kumar, Balchand Jain, and Five other members serve as directors at the Company.

Company Details

  • Location

    Coimbatore, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U17111TZ1995PTC006063

  • Company No.

    006063

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    24 Apr 1995

  • Date of AGM

    30 Sep 2022

  • Date of Balance Sheet

    31 Mar 2022

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Manufacturing

What products or services does Sarmangal Synthetics Private Limited offer?

Sarmangal Synthetics Private Limited offers a wide range of products and services, including Sewing Threads, Cotton Sewing Thread.

Company report

Sarmangal Synthetics Private Limited

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

Who are the key members and board of directors at Sarmangal Synthetics?

Executive Team (1)

NameDesignationAppointment DateStatus
Balchand Jain Country flag representing In Managing Director24-Apr-1995Current

Board Members (7)

NameDesignationAppointment DateStatus
Balchand Bhawarlal Country flag representing In Director 24-Apr-1995Current
Balchand Kumar Country flag representing In Director 24-Mar-2004Current
B Vasanthkumar Country flag representing In Director 24-Mar-2004Current
B Pankajkumar Country flag representing In Director 24-Mar-2004Current
Bhawarlal Paras Country flag representing In Director 18-Jan-1996Current
Bhawarlal Chand Country flag representing In Director 24-Apr-1995Current

Financial Performance of Sarmangal Synthetics.

Sarmangal Synthetics Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 46.57% increase. The company also saw a substantial improvement in profitability, with a 26.52% increase in profit. The company's net worth moved up by a moderate rise of 5.1%.

Sarmangal Synthetics revenue growth over time
Sarmangal Synthetics 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
46.57%
Revenue from Operations
48.11%
Total Assets
2.10%
Profit or Loss
26.52%
Net Worth
5.10%
EBITDA
2.93%

What is the Ownership and Shareholding Structure of Sarmangal Synthetics?

In 2018, Sarmangal Synthetics 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

₹76.32 Cr

Satisfied Charges

₹77.89 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 69.07 Cr
  • The South Indian Bank Limited : 7.25 Cr

Latest Charge Details

DateLenderAmountStatus
18 May 2022Hdfc Bank Limited₹1.97 MOpen
28 Sep 2020The South Indian Bank Limited₹7.25 CrOpen
30 Oct 2019Hdfc Bank Limited₹68.87 CrOpen
15 Oct 2018The South Indian Bank Limited₹30.57 CrSatisfied
18 Apr 2016Others₹14.98 CrSatisfied

How Many Employees Work at Sarmangal Synthetics?

Sarmangal Synthetics has a workforce of 197 employees as of Mar 30, 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 Sarmangal Synthetics Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Sarmangal Synthetics, 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 Sarmangal Synthetics'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 Sarmangal Synthetics

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited of Rs. 68.87 Cr registered on 30 Oct 2019 with Charge ID 100301620 was modified on 05 Mar 2024.

  • Annual General Meeting

    Sarmangal Synthetics Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.20 Cr with Charge ID 100587425 was registered on 18 May 2022.

  • Balance Sheet

    Sarmangal Synthetics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Coimbatore.

  • Charges

    A charge with The South Indian Bank Limited amounted to Rs. 7.25 Cr with Charge ID 100378570 was registered on 28 Sep 2020.

  • Charges

    A charge registered on 15 Oct 2018 via Charge ID 100231507 with The South Indian Bank Limited was fully satisfied on 25 Feb 2020.

Frequently asked questions

  • What is the Incorporation or founding date of Sarmangal Synthetics Private Limited?

    Sarmangal Synthetics Private Limited was incorporated on 24 Apr 1995.

  • What is authorized share capital and paid-up capital of Sarmangal Synthetics Private Limited?

    The authorized share capital of Sarmangal Synthetics Private Limited is ₹ 13.10 Cr and paid-up capital is ₹ 13.01 Cr.

  • Who are the current board members & directors of Sarmangal Synthetics Private Limited?

    Currently 8 directors are associated with Sarmangal Synthetics Private Limited.

    • Balchand Bothra Bhawarlal
    • Balchand Ajeetha Kumar
    • Balchand Nirmal Jain
    • B Vasanthkumar
    • B Pankajkumar
    • Bhawarlal Bothra Paras
    • Bhawarlal Mahaveer Chand
    • Bhawarlal Ashok

  • What is the registered address of Sarmangal Synthetics Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Sarmangal Synthetics Private Limited is 9/6 Cross Cut Roadgandhipuram India, Coimbatore, Tamil Nadu, 641012.

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

    The corporate identification number (CIN) of Sarmangal Synthetics Private Limited is U17111TZ1995PTC006063 and the company number is 006063 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Sarmangal Synthetics Private Limited?

    The Official website of Sarmangal Synthetics Private Limited is https://www.sarmangal.com

  • What has been the recent revenue trend for Sarmangal Synthetics Private Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Sarmangal Synthetics Private Limited has risen by 46.57%.

  • How many employees does Sarmangal Synthetics Private Limited currently have?

    As Per 2022 financial reports, 197 employees are currently employed by Sarmangal Synthetics Private Limited.

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

    The financial reports for the fiscal year 2022 indicates that The net worth of Sarmangal Synthetics Private Limited has experienced an upsurge of 5.10%.

  • What are the total open charges for Sarmangal Synthetics Private Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Sarmangal Synthetics Private Limited amount to ₹ 76.32 Cr.

  • When was the last Balance Sheet of Sarmangal Synthetics Private Limited filed with the ROC?

    The most recent Balance Sheet for Sarmangal Synthetics Private Limited was filed with the ROC on 31 Mar 2022.

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