Shalom Garments Private Limited

This company manufactures and sells a variety of men's and women's clothing, including formal wear and jeans.

1998 | Tirunelveli, Tamil Nadu (India) | Active
Last Updated: October 24, 2024

Shalom Garments Profile

Key Indicators

  • Authorised Capital ₹ 4.00 M
  • Paid Up Capital ₹ 3.00 M
  • Company Age 26 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 9.90 Cr
  • Satisfied Charges ₹ 12.44 Cr
  • Revenue Growth 18.94%
  • Profit Growth 11.03%
  • Ebitda 35.21%
  • Net Worth 7.13%
  • Total Assets 15.21%

About Shalom Garments

Shalom Garments Private Limited (SGPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 05 November 1998 and has a history of 26 years and three months. Its registered office is in Tirunelveli, Tamil Nadu, India.

The Company is engaged in the Home & Lifestyle 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 4.00 M and a paid-up capital of Rs 3.00 M.

The company currently has active open charges totaling ₹9.90 Cr. The company has closed loans amounting to ₹12.44 Cr, as per Ministry of Corporate Affairs (MCA) records.

Patchamal Gnanaraj and Mehita serve as directors at the Company.

Company Details

  • Location

    Tirunelveli, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    sheltonshirts.in

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U18101TN1998PTC041368

  • Company No.

    041368

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    05 Nov 1998

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Home & Lifestyle

Who are the key members and board of directors at Shalom Garments?

Executive Team (1)

NameDesignationAppointment DateStatus
Patchamal Gnanaraj Country flag representing In Managing Director05-Nov-1998Current

Board Members (1)

NameDesignationAppointment DateStatus
Mehita Country flag representing In Director 21-Sep-2020Current

Financial Performance of Shalom Garments.

Shalom Garments Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 18.94% increase. The company also saw a substantial improvement in profitability, with a 11.03% increase in profit. The company's net worth moved up by a moderate rise of 7.13%.

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
18.94%
Revenue from Operations
19.33%
Total Assets
15.21%
Profit or Loss
11.03%
Net Worth
7.13%
EBITDA
35.21%

What is the Ownership and Shareholding Structure of Shalom Garments?

In 2023, Shalom Garments 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

₹99.00 M

Satisfied Charges

₹124.36 M

Charges Breakdown by Lending Institutions

  • Tamilnad Mercantile Bank Limited : 9.90 Cr

Latest Charge Details

DateLenderAmountStatus
30 Mar 2024Tamilnad Mercantile Bank Limited₹5.00 MOpen
31 Mar 2022Tamilnad Mercantile Bank Limited₹4.00 MOpen
12 Apr 2011Tamilnad Mercantile Bank Limited₹9.00 CrOpen
28 Aug 2023Tamilnad Mercantile Bank Limited₹1.00 CrSatisfied
10 Aug 2022Tamilnad Mercantile Bank Limited₹5.00 MSatisfied

How Many Employees Work at Shalom Garments?

Shalom Garments has a workforce of 385 employees as of Apr 06, 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 Shalom Garments, 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 Shalom Garments'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 Shalom Garments

Recent activity within the organization

  • Charges

    A charge registered on 10 Jun 2020 via Charge ID 100364416 with Tamilnad Mercantile Bank Limited was fully satisfied on 10 Jun 2024.

    10 Jun 2024

  • Charges

    A charge with Tamilnad Mercantile Bank Limited amounted to Rs. 5.00 M with Charge ID 100897069 was registered on 30 Mar 2024.

    30 Mar 2024

  • Charges

    A charge with Tamilnad Mercantile Bank Limited of Rs. 90.00 M registered on 12 Apr 2011 with Charge ID 10280517 was modified on 30 Mar 2024.

    30 Mar 2024

  • Charges

    A charge registered on 28 Aug 2023 via Charge ID 100779406 with Tamilnad Mercantile Bank Limited was fully satisfied on 04 Mar 2024.

    04 Mar 2024

  • Annual General Meeting

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

    30 Sep 2023

  • Charges

    A charge with Tamilnad Mercantile Bank Limited amounted to Rs. 10.00 M with Charge ID 100779406 was registered on 28 Aug 2023.

    28 Aug 2023

Frequently asked questions

  • Shalom Garments Private Limited was incorporated on 05 Nov 1998.

  • The authorized share capital of Shalom Garments Private Limited is ₹ 4.00 M and paid-up capital is ₹ 3.00 M.

  • Currently 2 directors are associated with Shalom Garments Private Limited.

    • Patchamal Nadar Gnanaraj
    • Mehita
  • As per Ministry of Corporate Affairs (Mca), the registered address of Shalom Garments Private Limited is 216 A Main Road Vallioor, Tirunelveli India, Radhapuram, Tamil Nadu, 627117.

  • The corporate identification number (CIN) of Shalom Garments Private Limited is U18101TN1998PTC041368 and the company number is 041368 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Shalom Garments Private Limited is https://www.sheltonshirts.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Shalom Garments Private Limited has risen by 18.94%.

  • As Per 2023 financial reports, 385 employees are currently employed by Shalom Garments Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Shalom Garments Private Limited has experienced an upsurge of 7.13%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Shalom Garments Private Limited amount to ₹ 9.90 Cr.

  • The most recent Balance Sheet for Shalom Garments Private Limited was filed with the ROC on 31 Mar 2023.

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