Shankar Cylinders Private Limited

Manufactures LPG cylinders in various sizes for major oil corporations.

2016 | Mohali, Punjab (India) | Active
Last Updated: July 18, 2024

Shankar Cylinders Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 2.00 Cr
  • Company Age 8 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 25.28 Cr
  • Satisfied Charges ₹ 8.40 Cr
  • Revenue Growth -49.83%
  • Profit Growth -69.11%
  • Ebitda -32.04%
  • Net Worth 8.15%
  • Total Assets -42.00%

About Shankar Cylinders

Shankar Cylinders Private Limited (SCPL) is a Private Limited Indian Non-Government Company incorporated in India on 08 September 2016 (Eight years and four months 26 days old ). Its registered office is in Mohali, Punjab, 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 2.00 Cr and a paid-up capital of Rs 2.00 Cr.

The company currently has active open charges totaling ₹25.28 Cr. The company has closed loans amounting to ₹8.40 Cr, as per Ministry of Corporate Affairs (MCA) records.

Abhinav Mittal, Shalabh Mittal, and Arpit Mittal serve as directors at the Company.

Company Details

  • Location

    Mohali, Punjab, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74999PB2016PTC045708

  • Company No.

    045708

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    08 Sep 2016

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Machinery and Equipment

Who are the key members and board of directors at Shankar Cylinders?

Board Members (3)

Name Designation Appointment Date Status
Abhinav Mittal Country flag representing In Director 08-Sep-2016 Current
Shalabh Mittal Country flag representing In Director 08-Sep-2016 Current
Arpit Mittal Country flag representing In Director 08-Sep-2016 Current

Financial Performance of Shankar Cylinders.

Shankar Cylinders Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 49.83% decrease. The company also saw a substantial fall in profitability, with a 69.11% decrease in profit. The company's net worth moved up by a moderate rise of 8.15%.

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
-49.83%
Revenue from Operations
-49.88%
Total Assets
-42.00%
Profit or Loss
-69.11%
Net Worth
8.15%
EBITDA
-32.04%

What is the Ownership and Shareholding Structure of Shankar Cylinders?

In 2023, Shankar Cylinders 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

₹25.28 Cr

Satisfied Charges

₹8.40 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 25.28 Cr

Latest Charge Details

Date Lender Amount Status
29 Jul 2022 Hdfc Bank Limited ₹17.54 Cr Open
22 Feb 2022 Hdfc Bank Limited ₹7.74 Cr Open
10 Dec 2021 Sidbi ₹2.88 M Satisfied
27 Jul 2020 State Bank Of India ₹2.15 M Satisfied
27 Jul 2020 Sidbi ₹4.38 M Satisfied

How Many Employees Work at Shankar Cylinders?

Shankar Cylinders has a workforce of 9 employees as of Apr 05, 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 Shankar Cylinders, 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 Shankar Cylinders'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 Shankar Cylinders

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited of Rs. 17.54 Cr registered on 29 Jul 2022 with Charge ID 100649647 was modified on 15 Dec 2023.

    15 Dec 2023

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Shankar Cylinders Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chandigarh.

    31 Mar 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 17.54 Cr with Charge ID 100649647 was registered on 29 Jul 2022.

    29 Jul 2022

  • Charges

    A charge registered on 27 Jul 2020 via Charge ID 100356861 with State Bank Of India was fully satisfied on 01 Jul 2022.

    01 Jul 2022

  • Charges

    A charge registered on 06 Jun 2020 via Charge ID 100355649 with State Bank Of India was fully satisfied on 01 Jul 2022.

    01 Jul 2022

Frequently asked questions

  • Shankar Cylinders Private Limited was incorporated on 08 Sep 2016.

  • The authorized share capital of Shankar Cylinders Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 2.00 Cr.

  • Currently 3 directors are associated with Shankar Cylinders Private Limited.

    • Abhinav Mittal
    • Shalabh Mittal
    • Arpit Mittal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Shankar Cylinders Private Limited is Village Nimbuan Mubarakpur Tehsil Derabassi, Mohali, Punjab, India, 140201.

  • The corporate identification number (CIN) of Shankar Cylinders Private Limited is U74999PB2016PTC045708 and the company number is 045708 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Shankar Cylinders Private Limited is https://www.shankarcylinders.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Shankar Cylinders Private Limited has fallen by -49.83%.

  • As Per 2023 financial reports, 9 employees are currently employed by Shankar Cylinders Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Shankar Cylinders Private Limited has experienced an upsurge of 8.15%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Shankar Cylinders Private Limited amount to ₹ 25.28 Cr.

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