Shakti Textile Engineers Private Limited

Manufacturer of precision textile machinery and equipment, established in 1971 in Mumbai.

1971 | Mumbai, Maharashtra (India) | Active
Last Updated: July 03, 2024

Shakti Textile Engineers Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 2.50 M
  • Company Age 53 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 3.15 Cr
  • Satisfied Charges ₹ 51.65 Cr
  • Revenue Growth 275.88%
  • Profit Growth 99.52%
  • Ebitda 139.34%
  • Net Worth -0.05%
  • Total Assets 6.40%

About Shakti Textile Engineers

Shakti Textile Engineers Private Limited (STEPL) was founded in India on 02 March 1971 and has a glorious history of 53 years and 11 months. Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Machinery And Equipment Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 2.50 M and a paid-up capital of Rs 2.50 M.

The company currently has active open charges totaling ₹3.15 Cr. The company has closed loans amounting to ₹51.65 Cr, as per Ministry of Corporate Affairs (MCA) records.

Megha Sachdev and Kunaal Sachdev serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    shaktitextileengrs.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17100MH1971PTC015035

  • Company No.

    015035

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    02 Mar 1971

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Machinery and Equipment
Manufacturing

What products or services does Shakti Textile Engineers Private Limited offer?

Shakti Textile Engineers Private Limited offers a wide range of products and services, including Apparel & Textile Machinery, Dyeing Machinery, Industrial Mixers & Homogenizers, Batch Mixers, Textile Machines, Fabric Cutters, Fabric Inspection Machines, Hydraulic & Pneumatic Tools, Pneumatic Tools, Machines & Equipments.

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

Board Members (2)

Name Designation Appointment Date Status
Megha Sachdev Country flag representing In Director 19-Jan-2011 Current
Kunaal Sachdev Country flag representing In Director 01-Feb-2011 Current

Financial Performance of Shakti Textile Engineers.

Shakti Textile Engineers Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 275.88% increase. The company also saw a substantial improvement in profitability, with a 99.52% increase in profit. The company's net worth dipped by a decrease of 0.05%.

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
275.88%
Revenue from Operations
322.40%
Total Assets
6.40%
Profit or Loss
99.52%
Net Worth
-0.05%
EBITDA
139.34%

What is the Ownership and Shareholding Structure of Shakti Textile Engineers?

In 2023, Shakti Textile Engineers 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

₹31.50 M

Satisfied Charges

₹516.46 M

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 3.15 Cr

Latest Charge Details

Date Lender Amount Status
19 Oct 2018 Hdfc Bank Limited ₹3.15 Cr Open
28 Nov 2006 State Bank Of India ₹1.35 Cr Satisfied
20 May 2005 Lic Housing Finance Ltd. ₹40.00 Cr Satisfied
25 Nov 1997 State Bank Of India ₹5.00 M Satisfied
15 Sep 1996 State Bank Of India ₹1.02 Cr Satisfied

How Many Employees Work at Shakti Textile Engineers?

Shakti Textile Engineers has a workforce of 16 employees as of Apr 10, 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 Textile Engineers, 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 Textile Engineers'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 Textile Engineers

Recent activity within the organization

  • Annual General Meeting

    Shakti Textile Engineers Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Shakti Textile Engineers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge registered on 28 Nov 2006 via Charge ID 90244453 with State Bank Of India was fully satisfied on 27 Sep 2021.

    27 Sep 2021

  • Charges

    A charge registered on 25 Nov 1997 via Charge ID 90187765 with State Bank Of India was fully satisfied on 27 Sep 2021.

    27 Sep 2021

  • Charges

    A charge registered on 15 Sep 1996 via Charge ID 90189135 with State Bank Of India was fully satisfied on 27 Sep 2021.

    27 Sep 2021

  • Charges

    A charge registered on 16 Sep 1995 via Charge ID 90188613 with State Bank Of India was fully satisfied on 27 Sep 2021.

    27 Sep 2021

Frequently asked questions

  • Shakti Textile Engineers Private Limited was incorporated on 02 Mar 1971.

  • The authorized share capital of Shakti Textile Engineers Private Limited is ₹ 2.50 M and paid-up capital is ₹ 2.50 M.

  • Currently 2 directors are associated with Shakti Textile Engineers Private Limited.

    • Megha Vijay Sachdev
    • Kunaal Vijay Sachdev
  • As per Ministry of Corporate Affairs (Mca), the registered address of Shakti Textile Engineers Private Limited is 31 Shakti House Nadiawalacolony S V Road Malad (W), Mumbai, Maharashtra, India, 400064.

  • The corporate identification number (CIN) of Shakti Textile Engineers Private Limited is U17100MH1971PTC015035 and the company number is 015035 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Shakti Textile Engineers Private Limited is https://www.shaktitextileengrs.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Shakti Textile Engineers Private Limited has risen by 275.88%.

  • As Per 2023 financial reports, 16 employees are currently employed by Shakti Textile Engineers Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Shakti Textile Engineers Private Limited has experienced an downturn of -0.05%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Shakti Textile Engineers Private Limited amount to ₹ 3.15 Cr.

  • The most recent Balance Sheet for Shakti Textile Engineers Private Limited was filed with the ROC on 31 Mar 2023.

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