Shakti Polyweave Private Limited

Manufacturer of woven sacks, fabric, and technical textile products for agriculture, infrastructure, and packing industry.

1997 | Ahmedabad, Gujarat (India) | Active
Last Updated: November 16, 2024

Shakti Polyweave Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 9.50 M
  • Company Age 27 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 212.26 Cr
  • Satisfied Charges ₹ 108.21 Cr
  • Revenue Growth -38.29%
  • Profit Growth -84.44%
  • Ebitda -71.38%
  • Net Worth 3.87%
  • Total Assets -11.30%

About Shakti Polyweave

Shakti Polyweave Private Limited (SPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 17 December 1997 and has a history of 27 years and two months. Its registered office is in Ahmedabad, Gujarat, India.

The Company is engaged in the Environment 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 1.00 Cr and a paid-up capital of Rs 9.50 M.

The company currently has active open charges totaling ₹212.26 Cr. The company has closed loans amounting to ₹108.21 Cr, as per Ministry of Corporate Affairs (MCA) records.

Hanskumar Agarwal, Jatanlal Surana, and Radhadevi Agrawal serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    shaktipolyweave.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U17110GJ1997PTC033436

  • Company No.

    033436

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    17 Dec 1997

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Environment
Packaging

What products or services does Shakti Polyweave Private Limited offer?

Shakti Polyweave Private Limited offers a wide range of products and services, including Gate, Grilles, Fences & Railings, Fence, Geotextiles, Geotextile Fabrics, Agricultural Ground & Crop Covers, Woven Ground Cover, Mesh Bags, Leno Bags, Elastic Tapes, Fabric Wrap.

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

Executive Team (1)

NameDesignationAppointment DateStatus
Hanskumar Agarwal Country flag representing In Managing Director17-Dec-1997Current

Board Members (2)

NameDesignationAppointment DateStatus
Jatanlal Surana Country flag representing In Director 29-Jun-2009Current
Radhadevi Agrawal Country flag representing In Director 14-Oct-2015Current

Financial Performance of Shakti Polyweave.

Shakti Polyweave Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 38.29% decrease. The company also saw a substantial fall in profitability, with a 84.44% decrease in profit. The company's net worth moved up by a moderate rise of 3.87%.

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
-38.29%
Revenue from Operations
-38.85%
Total Assets
-11.30%
Profit or Loss
-84.44%
Net Worth
3.87%
EBITDA
-71.38%

What is the Ownership and Shareholding Structure of Shakti Polyweave?

In 2023, Shakti Polyweave 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

₹212.26 Cr

Satisfied Charges

₹108.21 Cr

Charges Breakdown by Lending Institutions

  • Others : 150.76 Cr
  • The Hongkong And Shanghai Banking Corporation Limited : 61.50 Cr

Latest Charge Details

DateLenderAmountStatus
14 May 2021The Hongkong And Shanghai Banking Corporation Limited₹61.50 CrOpen
23 Dec 2014Others₹44.00 CrOpen
15 Dec 2014Others₹6.00 CrOpen
06 Sep 2012Others₹100.76 CrOpen
31 Aug 2019Others₹6.20 MSatisfied

How Many Employees Work at Shakti Polyweave?

Shakti Polyweave has a workforce of 1275 employees as of Oct 13, 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 Polyweave, 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 Polyweave'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 Polyweave

Recent activity within the organization

  • Annual General Meeting

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

    31 Mar 2024

  • Charges

    A charge with Others of Rs. 44.00 Cr registered on 23 Dec 2014 with Charge ID 10540579 was modified on 22 Feb 2023.

    22 Feb 2023

  • Charges

    A charge with Others of Rs. 6.00 Cr registered on 15 Dec 2014 with Charge ID 10540572 was modified on 22 Feb 2023.

    22 Feb 2023

  • Charges

    A charge with Others of Rs. 100.76 Cr registered on 06 Sep 2012 with Charge ID 10380948 was modified on 22 Feb 2023.

    22 Feb 2023

  • Charges

    A charge registered on 31 Aug 2019 via Charge ID 100293517 with Others was fully satisfied on 28 Dec 2022.

    28 Dec 2022

Recent News, Updates & Announcement

Frequently asked questions

  • Shakti Polyweave Private Limited was incorporated on 17 Dec 1997.

  • The authorized share capital of Shakti Polyweave Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 9.50 M.

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

    • Hanskumar Ramakant Agarwal
    • Jatanlal Gulabchand Surana
    • Radhadevi R Agrawal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Shakti Polyweave Private Limited is Harmony 3Rd Floor 15/A Shree Vidhyanagar Co.Op. Hsg. Soc. Ltd. Opp. Nabard, Nr. Usmanpura Garden India, Ahmedabad, Gujarat, 380014.

  • The corporate identification number (CIN) of Shakti Polyweave Private Limited is U17110GJ1997PTC033436 and the company number is 033436 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Shakti Polyweave Private Limited is https://www.shaktipolyweave.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Shakti Polyweave Private Limited has fallen by -38.29%.

  • As Per 2023 financial reports, 1275 employees are currently employed by Shakti Polyweave Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Shakti Polyweave Private Limited has experienced an upsurge of 3.87%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Shakti Polyweave Private Limited amount to ₹ 212.26 Cr.

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

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