Shakti Fireworks Private Limited

Manufactures and sells a variety of fireworks, crackers, sparklers, and amorces.

2009 | Virudhunagar, Tamil Nadu (India) | Active
Last Updated: November 15, 2024

Shakti Fireworks Profile

Key Indicators

  • Authorised Capital ₹ 4.00 M
  • Paid Up Capital ₹ 4.00 M
  • Company Age 16 Year, 30 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 13.08 Cr
  • Revenue Growth %
  • Profit Growth 189.35%
  • Ebitda 191.75%
  • Net Worth 9.28%
  • Total Assets 79.80%

About Shakti Fireworks

Shakti Fireworks Private Limited (SFPL) is a Private Limited Indian Non-Government Company incorporated in India on 01 January 2009 and has a history of 16 years. Its registered office is in Virudhunagar, Tamil Nadu, India.

The Company is engaged in the Musical Instruments 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 4.00 M and a paid-up capital of Rs 4.00 M.

The company currently has active open charges totaling ₹13.08 Cr.

Mahendran Kumar, Mahendran Kumar, and Palaniappa Mahendran serve as directors at the Company.

Company Details

  • Location

    Virudhunagar, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74990TN2009PTC070344

  • Company No.

    070344

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    01 Jan 2009

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Musical Instruments

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

Board Members (3)

Name Designation Appointment Date Status
Mahendran Kumar Country flag representing In Additional Director 06-Nov-2020 Current
Mahendran Kumar Country flag representing In Additional Director 06-Nov-2020 Current
Palaniappa Mahendran Country flag representing In Additional Director 06-Nov-2020 Current

Financial Performance of Shakti Fireworks.

Shakti Fireworks Private Limited, for the financial year ended 2023, experienced no change in revenue, with a 0% increase. The company also saw a substantial improvement in profitability, with a 189.35% increase in profit. The company's net worth moved up by a moderate rise of 9.28%.

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
79.80%
Profit or Loss
189.35%
Net Worth
9.28%
EBITDA
191.75%

What is the Ownership and Shareholding Structure of Shakti Fireworks?

In 2023, Shakti Fireworks had a public 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

₹130.80 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • City Union Bank Limited : 12.50 Cr
  • Central Bank Of India : 0.58 Cr

Latest Charge Details

Date Lender Amount Status
30 Mar 2023 City Union Bank Limited ₹12.50 Cr Open
29 Dec 2011 Central Bank Of India ₹0.80 M Open
07 May 2010 Central Bank Of India ₹5.00 M Open

How Many Employees Work at Shakti Fireworks?

Shakti Fireworks has a workforce of 24 employees as of Apr 07, 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 Fireworks, 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 Fireworks'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 Fireworks

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

    Shakti Fireworks Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

    31 Mar 2024

  • Charges

    A charge with City Union Bank Limited amounted to Rs. 125.00 M with Charge ID 100708987 was registered on 30 Mar 2023.

    30 Mar 2023

  • Director Appointment

    Mahendran Praveen Kumar was appointed as a Additional Director was appointed as a Additional Director on 06 Nov 2020 & has been associated with this company since 4 years 2 months .

    06 Nov 2020

  • Director Appointment

    Mahendran Pradeep Kumar was appointed as a Additional Director was appointed as a Additional Director on 06 Nov 2020 & has been associated with this company since 4 years 2 months .

    06 Nov 2020

  • Director Appointment

    Palaniappa Nadar Mahendran was appointed as a Additional Director was appointed as a Additional Director on 06 Nov 2020 & has been associated with this company since 4 years 2 months .

    06 Nov 2020

Frequently asked questions

  • Shakti Fireworks Private Limited was incorporated on 01 Jan 2009.

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

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

    • Mahendran Praveen Kumar
    • Mahendran Pradeep Kumar
    • Palaniappa Nadar Mahendran
  • As per Ministry of Corporate Affairs (Mca), the registered address of Shakti Fireworks Private Limited is 36G Velayutham Road India, Sivakasi, Tamil Nadu, 626123.

  • The corporate identification number (CIN) of Shakti Fireworks Private Limited is U74990TN2009PTC070344 and the company number is 070344 as per Ministry of Corporate Affairs (MCA).

  • As Per 2023 financial reports, 24 employees are currently employed by Shakti Fireworks Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Shakti Fireworks Private Limited has experienced an upsurge of 9.28%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Shakti Fireworks Private Limited amount to ₹ 13.08 Cr.

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

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