Shanark Industrials Private Limited

Manufacturer and exporter of hydraulic equipment, water pumps, and machinery parts since 1996.

1996 | Nagpur, Maharashtra (India) | Active
Last Updated: July 17, 2024

Shanark Industrials Profile

Key Indicators

  • Authorised Capital ₹ 6.00 M
  • Paid Up Capital ₹ 3.50 M
  • Company Age 28 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 8.77 Cr
  • Satisfied Charges ₹ 5.01 Cr
  • Revenue Growth -27.25%
  • Profit Growth -205.04%
  • Ebitda -899.29%
  • Net Worth -315.28%
  • Total Assets -29.40%

About Shanark Industrials

Shanark Industrials Private Limited (SIPL) is a Private Limited Indian Non-Government Company incorporated in India on 06 September 1996 and has a history of 28 years and five months. Its registered office is in Nagpur, Maharashtra, 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 2023. It's a company limited by shares with an authorized capital of Rs 6.00 M and a paid-up capital of Rs 3.50 M.

The company currently has active open charges totaling ₹8.77 Cr. The company has closed loans amounting to ₹5.01 Cr, as per Ministry of Corporate Affairs (MCA) records.

Prashant Kale, Sarang Kale, and Ranjan Kale serve as directors at the Company.

Company Details

  • Location

    Nagpur, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U29100MH1996PTC102418

  • Company No.

    102418

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    06 Sep 1996

  • Date of AGM

    14 Nov 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Manufacturing
Real Estate and Construction

Who are the key members and board of directors at Shanark Industrials?

Board Members (3)

Name Designation Appointment Date Status
Prashant Kale Country flag representing In Director 06-Sep-1996 Current
Sarang Kale Country flag representing In Director 08-Jun-2007 Current
Ranjan Kale Country flag representing In Director 11-Sep-2006 Current

Financial Performance of Shanark Industrials.

Shanark Industrials Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 27.25% decrease. The company also saw a substantial fall in profitability, with a 205.04% decrease in profit. The company's net worth observed a substantial decline by a decrease of 315.28%.

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
-27.25%
Revenue from Operations
-27.28%
Total Assets
-29.40%
Profit or Loss
-205.04%
Net Worth
-315.28%
EBITDA
-899.29%

What is the Ownership and Shareholding Structure of Shanark Industrials?

In 2023, Shanark Industrials 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

₹87.65 M

Satisfied Charges

₹50.08 M

Charges Breakdown by Lending Institutions

  • Tjsb Sahakari Bank Limited : 8.57 Cr
  • Uco Bank : 0.20 Cr

Latest Charge Details

Date Lender Amount Status
29 Apr 2016 Tjsb Sahakari Bank Limited ₹8.57 Cr Open
02 Sep 2002 Uco Bank ₹2.00 M Open
12 Mar 2019 Others ₹1.61 Cr Satisfied
27 Feb 2007 Bank Of Baroda ₹1.70 Cr Satisfied
22 Feb 2007 Bank Of Baroda ₹1.70 Cr Satisfied

How Many Employees Work at Shanark Industrials?

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

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Shanark Industrials, 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 Shanark Industrials'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 Shanark Industrials

Recent activity within the organization

  • Annual General Meeting

    Shanark Industrials Private Limited last Annual general meeting of members was held on 14 Nov 2023 as per latest MCA records.

    14 Nov 2023

  • Charges

    A charge registered on 12 Mar 2019 via Charge ID 100259955 with Others was fully satisfied on 29 May 2023.

    29 May 2023

  • Balance Sheet

    Shanark Industrials Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge with Tjsb Sahakari Bank Limited of Rs. 85.65 M registered on 29 Apr 2016 with Charge ID 100026006 was modified on 18 Feb 2022.

    18 Feb 2022

  • Charges

    A charge with Others of Rs. 16.08 M registered on 12 Mar 2019 with Charge ID 100259955 was modified on 24 Aug 2020.

    24 Aug 2020

  • Charges

    A charge with Others amounted to Rs. 16.08 M with Charge ID 100259955 was registered on 12 Mar 2019.

    12 Mar 2019

Frequently asked questions

  • Shanark Industrials Private Limited was incorporated on 06 Sep 1996.

  • The authorized share capital of Shanark Industrials Private Limited is ₹ 6.00 M and paid-up capital is ₹ 3.50 M.

  • Currently 3 directors are associated with Shanark Industrials Private Limited.

    • Prashant Shankarrao Kale
    • Sarang Prashant Kale
    • Ranjan Kale
  • As per Ministry of Corporate Affairs (Mca), the registered address of Shanark Industrials Private Limited is At Plot No A-26/6 Midc Butibori, Nagpur, Maharashtra, India, 440011.

  • The corporate identification number (CIN) of Shanark Industrials Private Limited is U29100MH1996PTC102418 and the company number is 102418 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Shanark Industrials Private Limited has fallen by -27.25%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Shanark Industrials Private Limited has experienced an downturn of -315.28%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Shanark Industrials Private Limited amount to ₹ 8.77 Cr.

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