Sarvesh Spinners Private Limited

Textile company specializing in spinning, weaving, and finishing of various fibers for sale and export.

2005 | Sangrur, Punjab (India) | Active
Last Updated: December 21, 2024

Sarvesh Spinners Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 1.50 Cr
  • Company Age 19 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 16.50 Cr
  • Revenue Growth 2365.61%
  • Profit Growth 31.51%
  • Ebitda 322.07%
  • Net Worth -51.91%
  • Total Assets -17.71%

About Sarvesh Spinners

Sarvesh Spinners Private Limited (SSPL) is a Private Limited Indian Non-Government Company incorporated in India on 04 May 2005 and has a history of 19 years and nine months. Its registered office is in Sangrur, Punjab, India.

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 2.00 Cr and a paid-up capital of Rs 1.50 Cr.

The company has closed loans amounting to ₹16.50 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Rakesh Bansal and Kavita Bansal serve as directors at the Company.

Company Details

  • Location

    Sangrur, Punjab, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17110PB2005PTC028355

  • Company No.

    028355

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    04 May 2005

  • 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 Sarvesh Spinners Private Limited offer?

Sarvesh Spinners Private Limited offers a wide range of products and services, including Cotton Yarn, Compact Cotton Yarn, Open End Cotton Yarn.

Who are the key members and board of directors at Sarvesh Spinners?

Executive Team (1)

Name Designation Appointment Date Status
Rakesh Bansal Country flag representing In Managing Director 04-May-2005 Current

Board Members (1)

Name Designation Appointment Date Status
Kavita Bansal Country flag representing In Director 04-May-2005 Current

Financial Performance of Sarvesh Spinners.

Sarvesh Spinners Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 2365.61% increase. The company also saw a substantial improvement in profitability, with a 31.51% increase in profit. The company's net worth observed a substantial decline by a decrease of 51.91%.

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
2365.61%
Revenue from Operations
Total Assets
-17.71%
Profit or Loss
31.51%
Net Worth
-51.91%
EBITDA
322.07%

What is the Ownership and Shareholding Structure of Sarvesh Spinners?

In 2020, Sarvesh Spinners had a promoter holding of 97.74% and a public holding of 2.26%. 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

₹16.50 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 16.50 Cr

Latest Charge Details

Date Lender Amount Status
08 Dec 2006 State Bank Of India ₹16.50 Cr Satisfied

How Many Employees Work at Sarvesh Spinners?

Sarvesh Spinners has a workforce of 0 employees as of Mar 29, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Sarvesh Spinners, 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 Sarvesh Spinners'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 Sarvesh Spinners

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

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

    31 Mar 2024

  • Charges

    A charge registered on 08 Dec 2006 via Charge ID 10028254 with State Bank Of India was fully satisfied on 12 Oct 2020.

    12 Oct 2020

  • Charges

    A charge with State Bank Of India of Rs. 16.50 Cr registered on 08 Dec 2006 with Charge ID 10028254 was modified on 28 Feb 2012.

    28 Feb 2012

  • Charges

    A charge with State Bank Of India amounted to Rs. 16.50 Cr with Charge ID 10028254 was registered on 08 Dec 2006.

    08 Dec 2006

  • Director Appointment

    Rakesh Bansal was appointed as a Managing Director was appointed as a Managing Director on 04 May 2005 & has been associated with this company since 19 years 9 months .

    04 May 2005

Frequently asked questions

  • Sarvesh Spinners Private Limited was incorporated on 04 May 2005.

  • The authorized share capital of Sarvesh Spinners Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 1.50 Cr.

  • Currently 2 directors are associated with Sarvesh Spinners Private Limited.

    • Rakesh Bansal
    • Kavita Bansal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sarvesh Spinners Private Limited is Barnala Filling Stationdhanuala Road, Distt.Sangrur India, Punjab, 148001.

  • The corporate identification number (CIN) of Sarvesh Spinners Private Limited is U17110PB2005PTC028355 and the company number is 028355 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Sarvesh Spinners Private Limited is https://www.sarveshspinners.co.in

  • According to the financial reports for the fiscal year 2022, the revenue trend for Sarvesh Spinners Private Limited has risen by 2365.61%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Sarvesh Spinners Private Limited has experienced an downturn of -51.91%.

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

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