Shakti Cords Private Limited

Manufacturer of dipped cords and yarns for V-Belts and braided hoses.

2003 | Madurai, Tamil Nadu (India) | Active
Last Updated: January 12, 2025

Shakti Cords Profile

Key Indicators

  • Authorised Capital ₹ 8.00 M
  • Paid Up Capital ₹ 4.00 M
  • Company Age 21 Year, 7 Months
  • Last Filing with ROC 31 Mar 2022
  • Satisfied Charges ₹ 9.66 Cr
  • Revenue Growth 5.87%
  • Profit Growth 18.55%
  • Ebitda 26.50%
  • Net Worth 20.66%
  • Total Assets 21.57%

About Shakti Cords

Shakti Cords Private Limited (SCPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 18 July 2003 and has a history of 21 years and seven months. Its registered office is in Madurai, Tamil Nadu, 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 2022. It's a company limited by shares with an authorized capital of Rs 8.00 M and a paid-up capital of Rs 4.00 M.

The company has closed loans amounting to ₹9.66 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Shyam Fatehpuria, Divya Fatehpuria, and Vasudev Gupta serve as directors at the Company.

Company Details

  • Location

    Madurai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    shakticords.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U17297TN2003PTC051243

  • Company No.

    051243

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    18 Jul 2003

  • Date of AGM

    30 Sep 2022

  • Date of Balance Sheet

    31 Mar 2022

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Manufacturing

What products or services does Shakti Cords Private Limited offer?

Shakti Cords Private Limited offers a wide range of products and services, including Adhesive & Pressure Sensitive Tapes, Industrial Tape, Yarns & Threads, Polyester Yarn, Yarn, Threads, Braided Thread, Cords, Polyester Cord, Dipped Cord.

Who are the key members and board of directors at Shakti Cords?

Board Members (3)

NameDesignationAppointment DateStatus
Shyam Fatehpuria Country flag representing In Director 18-Jul-2003Current
Divya Fatehpuria Country flag representing In Director 21-Jan-2010Current
Vasudev Gupta Country flag representing In Director 26-Jun-2015Current

Financial Performance of Shakti Cords.

Shakti Cords Private Limited, for the financial year ended 2021, experienced modest growth in revenue, with a 5.87% increase. The company also saw a substantial improvement in profitability, with a 18.55% increase in profit. The company's net worth Soared by an impressive increase of 20.66%.

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
5.87%
Revenue from Operations
6.09%
Total Assets
21.57%
Profit or Loss
18.55%
Net Worth
20.66%
EBITDA
26.50%

What is the Ownership and Shareholding Structure of Shakti Cords?

In 2022, Shakti Cords 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

₹96.60 M

Charges Breakdown by Lending Institutions

  • Canara Bank : 9.66 Cr

Latest Charge Details

DateLenderAmountStatus
03 Feb 2004Canara Bank₹9.66 CrSatisfied

How Many Employees Work at Shakti Cords?

Shakti Cords has a workforce of 76 employees as of Mar 23, 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 Shakti Cords, 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 Shakti Cords'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 Shakti Cords

Recent activity within the organization

  • Charges

    A charge registered on 03 Feb 2004 via Charge ID 90287869 with Canara Bank was fully satisfied on 24 Sep 2024.

    24 Sep 2024

  • Annual General Meeting

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

    30 Sep 2022

  • Balance Sheet

    Shakti Cords Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Chennai.

    31 Mar 2022

  • Director Appointment

    Vasudev Gupta was appointed as a Director was appointed as a Director on 26 Jun 2015 & has been associated with this company since 9 years 8 months .

    26 Jun 2015

  • Director Appointment

    Divya Fatehpuria was appointed as a Director was appointed as a Director on 21 Jan 2010 & has been associated with this company since 15 years 1 month .

    21 Jan 2010

  • Charges

    A charge with Canara Bank of Rs. 96.60 M registered on 03 Feb 2004 with Charge ID 90287869 was modified on 14 Jan 2008.

    14 Jan 2008

Frequently asked questions

  • Shakti Cords Private Limited was incorporated on 18 Jul 2003.

  • The authorized share capital of Shakti Cords Private Limited is ₹ 8.00 M and paid-up capital is ₹ 4.00 M.

  • Currently 3 directors are associated with Shakti Cords Private Limited.

    • Shyam Prakash Fatehpuria
    • Divya Fatehpuria
    • Vasudev Gupta
  • As per Ministry of Corporate Affairs (Mca), the registered address of Shakti Cords Private Limited is Shed No Cs-17 18 Sidco Industrial Estate, Kappalur India, Madurai, Tamil Nadu, 625008.

  • The corporate identification number (CIN) of Shakti Cords Private Limited is U17297TN2003PTC051243 and the company number is 051243 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Shakti Cords Private Limited is https://www.shakticords.com

  • According to the financial reports for the fiscal year 2021, the revenue trend for Shakti Cords Private Limited has risen by 5.87%.

  • As Per 2021 financial reports, 76 employees are currently employed by Shakti Cords Private Limited.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Shakti Cords Private Limited has experienced an upsurge of 20.66%.

  • The most recent Balance Sheet for Shakti Cords Private Limited was filed with the ROC on 31 Mar 2022.

Similar Companies Based on Textile & Fabric Production