Sarmangal Synthetics Profile
Key Indicators
- Authorised Capital ₹ 13.10 Cr
as on 31-12-2024
- Paid Up Capital ₹ 13.01 Cr
as on 31-12-2024
- Company Age 29 Year, 9 Months
- Last Filing with ROC 31 Mar 2022
- Open Charges ₹ 76.32 Cr
as on 31-12-2024
- Satisfied Charges ₹ 77.89 Cr
as on 31-12-2024
- Revenue 46.57%
(FY 2022)
- Profit 26.52%
(FY 2022)
- Ebitda 2.93%
(FY 2022)
- Net Worth 5.10%
(FY 2022)
- Total Assets 2.10%
(FY 2022)
About Sarmangal Synthetics
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.
Bhawarlal Ashok, Bhawarlal Paras, B Vasanthkumar, and Five other members serve as directors at the Company.
- 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
Company Details
- Location
Coimbatore, Tamil Nadu, India
- Telephone
- Email Address
- Website
- Social Media
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.
Who are the key members and board of directors at Sarmangal Synthetics?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Balchand Jain  | Managing Director | 24-Apr-1995 | Current |
Board Members (7)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Bhawarlal Ashok | Director | 24-Mar-2004 | Current |
| Bhawarlal Paras | Director | 18-Jan-1996 | Current |
| B Vasanthkumar | Director | 24-Mar-2004 | Current |
| Balchand Kumar | Director | 24-Mar-2004 | Current |
| Balchand Bhawarlal | Director | 24-Apr-1995 | Current |
| Bhawarlal Chand | Director | 24-Apr-1995 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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.
Related Corporates (Common Directorship)
Sarmangal Properties Private LimitedActive 17 years 7 monthsBhawarlal Ashok, Bhawarlal Paras and 6 more are mutual person
- Mahaveers Saree Private LimitedActive 30 years 6 months
Bhawarlal Paras, Balchand Kumar and 3 more are mutual person
- Sri Kedar Properties Private LimitedActive 19 years 5 months
Balchand Kumar, Balchand Bhawarlal and 1 more are mutual person
Charges (Loans)
₹76.32 Cr
₹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
| Date | Lender | Amount | Status |
|---|---|---|---|
| 18 May 2022 | Hdfc Bank Limited | ₹1.97 M | Open |
| 28 Sep 2020 | The South Indian Bank Limited | ₹7.25 Cr | Open |
| 30 Oct 2019 | Hdfc Bank Limited | ₹68.87 Cr | Open |
| 15 Oct 2018 | The South Indian Bank Limited | ₹30.57 Cr | Satisfied |
| 18 Apr 2016 | Others | ₹14.98 Cr | Satisfied |
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.
Deals i
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
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.
