Shakti Yarn Private Limited

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

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

Shakti Yarn Profile

Key Indicators

  • Authorised Capital ₹ 5.50 Cr
  • Paid Up Capital ₹ 5.50 Cr
  • Company Age 30 Year, 4 Months
  • Last Filing with ROC 31 Mar 2022
  • Open Charges ₹ 101.75 Cr
  • Satisfied Charges ₹ 35.75 Cr
  • Revenue Growth 32.82%
  • Profit Growth -122.92%
  • Ebitda -58.43%
  • Net Worth -1.45%
  • Total Assets -0.99%

About Shakti Yarn

Shakti Yarn Private Limited (SYPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 18 January 1995 and has a history of 30 years and four months. Its registered office is in Surat, Gujarat, 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 5.50 Cr and a paid-up capital of Rs 5.50 Cr.

The company currently has active open charges totaling ₹101.75 Cr. The company has closed loans amounting to ₹35.75 Cr, as per Ministry of Corporate Affairs (MCA) records.

Lalit Chandak and Bhagwan Mahalik serve as directors at the Company.

Company Details

  • Location

    Surat, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U17119GJ1995PTC024256

  • Company No.

    024256

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    18 Jan 1995

  • Date of AGM

    30 Sep 2022

  • Date of Balance Sheet

    31 Mar 2022

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Manufacturing
Company report

Shakti Yarn Private Limited

Explore comprehensive data for Shakti Yarn Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

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%.

Shakti Yarn revenue growth over time
Shakti Yarn 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
-0.99%
Profit or Loss
-122.92%
Net Worth
-1.45%
EBITDA
-58.43%

What is the Ownership and Shareholding Structure of Shakti Yarn?

In 2022, Shakti Yarn 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

₹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.

Employee growth trends for Shakti Yarn Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Shakti Yarn, 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 Yarn'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 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.

  • Balance Sheet

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

  • 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.

  • 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 6 months .

  • 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.

  • Charges

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

Frequently asked questions

  • What is the Incorporation or founding date of Shakti Yarn Private Limited?

    Shakti Yarn Private Limited was incorporated on 18 Jan 1995.

  • What is authorized share capital and paid-up capital of Shakti Yarn Private Limited?

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

  • Who are the current board members & directors of Shakti Yarn Private Limited?

    Currently 2 directors are associated with Shakti Yarn Private Limited.

    • Lalit Omkar Chandak
    • Bhagwan N Mahalik

  • What is the registered address of Shakti Yarn Private Limited?

    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.

  • What is the corporate identification number (CIN) and company number of Shakti Yarn Private Limited?

    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).

  • What has been the recent revenue trend for Shakti Yarn Private Limited?

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

  • What change has been observed in the net worth of Shakti Yarn Private Limited, and by what percentage?

    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%.

  • What are the total open charges for Shakti Yarn Private Limited?

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

  • When was the last Balance Sheet of Shakti Yarn Private Limited filed with the ROC?

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

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