Selection Synthetics Limited

Manufactures and trades textile, yarn, and fabrics since 1992.

1992 | Bhilwara, Rajasthan (India) | Active
Last Updated: January 04, 2025

Selection Synthetics Profile

Key Indicators

  • Authorised Capital ₹ 6.00 Cr
  • Paid Up Capital ₹ 4.62 Cr
  • Company Age 32 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 30.87 Cr
  • Revenue Growth %
  • Profit Growth -101.88%
  • Net Worth -0.09%
  • Total Assets 22.40%

About Selection Synthetics

Selection Synthetics Limited (SSL) is a Public Limited Indian Non-Government Company incorporated in India on 10 March 1992 and has a history of 32 years and 11 months. Its registered office is in Bhilwara, Rajasthan, 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 6.00 Cr and a paid-up capital of Rs 4.62 Cr.

The company has closed loans amounting to ₹30.87 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Krishan Sharma, Dinesh Sharma, and Ravindra Sharma 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

    U24304RJ1992PLC006561

  • Company No.

    006561

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    10 Mar 1992

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Jaipur

Industry

Manufacturing

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

Board Members (3)

NameDesignationAppointment DateStatus
Krishan Sharma Country flag representing In Director 08-Jul-2011Current
Dinesh Sharma Country flag representing In Director 01-May-2019Current
Ravindra Sharma Country flag representing In Director 01-Sep-2022Current

Financial Performance of Selection Synthetics.

Selection Synthetics Limited, for the financial year ended 2023, experienced no change in revenue, with a 0% increase. The company also saw a substantial fall in profitability, with a 101.88% decrease in profit. The company's net worth dipped by a decrease of 0.09%.

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
Revenue from Operations
Total Assets
22.40%
Profit or Loss
-101.88%
Net Worth
-0.09%
EBITDA

What is the Ownership and Shareholding Structure of Selection Synthetics?

In 2023, Selection 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

₹0

Satisfied Charges

₹30.87 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 20.70 Cr
  • Rajasthan State Industrial Development And Investment Corporation Ltd : 6.23 Cr
  • Rajasthan State Industrial Developments & Investments Corpn. : 2.65 Cr
  • Rajasthan State Industrial Development & Investment Corp. Ltd. : 0.74 Cr
  • Rajasthan State Industrial Development And Invest. Corp. Ltd. : 0.55 Cr

Latest Charge Details

DateLenderAmountStatus
13 Feb 2008Rajasthan State Industrial Development And Investment Corporation Ltd₹1.50 CrSatisfied
30 Oct 2005Rajasthan State Industrial Development And Investment Corporation Ltd₹3.83 CrSatisfied
30 Oct 2003Rajasthan State Industrial Development And Investment Corporation Ltd₹9.00 MSatisfied
09 Jan 2001Rajasthan State Industrial Developments & Investments Corpn.₹1.15 CrSatisfied
26 Feb 2000Rajasthan State Industrial Development And Invest. Corp. Ltd.₹5.50 MSatisfied

How Many Employees Work at Selection Synthetics?

Unlock and access historical data on people associated with Selection Synthetics, 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 Selection 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 Selection 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 Selection Synthetics

Recent activity within the organization

  • Annual General Meeting

    Selection Synthetics Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Selection Synthetics Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Jaipur.

    31 Mar 2024

  • Director Appointment

    Ravindra Kumar Sharma was appointed as a Director was appointed as a Director on 01 Sep 2022 & has been associated with this company since 2 years 5 months .

    01 Sep 2022

  • Director Appointment

    Dinesh Chandra Sharma was appointed as a Director was appointed as a Director on 01 May 2019 & has been associated with this company since 5 years 9 months .

    01 May 2019

  • Director Appointment

    Krishan Gopal Sharma was appointed as a Director was appointed as a Director on 08 Jul 2011 & has been associated with this company since 13 years 7 months .

    08 Jul 2011

  • Charges

    A charge registered on 13 Feb 2008 via Charge ID 10085922 with Rajasthan State Industrial Development And Investment Corporation Ltd was fully satisfied on 05 May 2011.

    05 May 2011

Frequently asked questions

  • Selection Synthetics Limited was incorporated on 10 Mar 1992.

  • The authorized share capital of Selection Synthetics Limited is ₹ 6.00 Cr and paid-up capital is ₹ 4.62 Cr.

  • Currently 3 directors are associated with Selection Synthetics Limited.

    • Krishan Gopal Sharma
    • Dinesh Chandra Sharma
    • Ravindra Kumar Sharma
  • As per Ministry of Corporate Affairs (Mca), the registered address of Selection Synthetics Limited is 1 Sangam Tower, Gandhi Nagar India, Bhilwara, Rajasthan, 311001.

  • The corporate identification number (CIN) of Selection Synthetics Limited is U24304RJ1992PLC006561 and the company number is 006561 as per Ministry of Corporate Affairs (MCA).

  • The financial reports for the fiscal year 2023 indicates that The net worth of Selection Synthetics Limited has experienced an downturn of -0.09%.

  • The most recent Balance Sheet for Selection Synthetics Limited was filed with the ROC on 31 Mar 2024.

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