Shakti Yarn Private Limited

Textile trading company offering yarn and fancy textile yarn from various manufacturers.

1995 | Surat, Gujarat (India) | Active
Last Updated: December 28, 2024

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

Board Members (2)

NameDesignationAppointment DateStatus
Lalit Chandak Country flag representing In Director 04-Aug-1997Current
Bhagwan Mahalik Country flag representing In Director 05-Nov-2019Current

Financial Performance of Shakti Yarn.

Shakti Yarn Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 32.82% increase. The company also saw a substantial fall in profitability, with a 122.92% decrease in profit. The company's net worth dipped by a decrease of 1.45%.

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
32.82%
Revenue from Operations
33.44%
Total Assets
-0.02%
Profit or Loss
-122.92%
Net Worth
-1.45%
EBITDA
-58.39%

Charges (Loans)

Open Charges

₹101.75 Cr

Satisfied Charges

₹35.75 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 101.75 Cr

Latest Charge Details

DateLenderAmountStatus
19 Mar 2008State Bank Of India₹45.00 CrOpen
22 Nov 2007State Bank Of India₹56.75 CrOpen
13 Oct 2004Ing Vysya Bank Limited₹5.00 CrSatisfied
15 Jun 2004Ing Vysya Bank Limited₹5.00 MSatisfied
07 Jan 2004Ing Vysya Bank Limited₹2.50 CrSatisfied

How Many Employees Work at Shakti Yarn?

Unlock and access historical data on people associated with Shakti Yarn, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Rating

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Latest Updates, News, and FAQs on Shakti Yarn

Recent activity within the organization

  • Annual General Meeting

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

    31 Mar 2022

  • Charges

    A charge with State Bank Of India of Rs. 56.75 Cr registered on 22 Nov 2007 with Charge ID 10077838 was modified on 23 Dec 2020.

    23 Dec 2020

  • Director Appointment

    Bhagwan N Mahalik was appointed as a Director was appointed as a Director on 05 Nov 2019 & has been associated with this company since 5 years 2 months .

    05 Nov 2019

  • Charges

    A charge with State Bank Of India of Rs. 45.00 Cr registered on 19 Mar 2008 with Charge ID 10092519 was modified on 09 Mar 2018.

    09 Mar 2018

  • Charges

    A charge with State Bank Of India amounted to Rs. 45.00 Cr with Charge ID 10092519 was registered on 19 Mar 2008.

    19 Mar 2008

Frequently asked questions

  • Shakti Yarn Private Limited was incorporated on 18 Jan 1995.

  • The authorized share capital of Shakti Yarn Private Limited is ₹ 5.50 Cr and paid-up capital is ₹ 5.50 Cr.

  • Currently 2 directors are associated with Shakti Yarn Private Limited.

    • Lalit Omkar Chandak
    • Bhagwan N Mahalik
  • As per Ministry of Corporate Affairs (Mca), the registered address of Shakti Yarn Private Limited is 601 A B 6Th Floor Jivandeep Building Ring Road, India, Surat, Gujarat, 395002.

  • The corporate identification number (CIN) of Shakti Yarn Private Limited is U17119GJ1995PTC024256 and the company number is 024256 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for Shakti Yarn Private Limited has risen by 32.82%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Shakti Yarn Private Limited has experienced an downturn of -1.45%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Shakti Yarn Private Limited amount to ₹ 101.75 Cr.

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

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