Shankar Rags Private Limited
Manufactures and trades various types of yarn for multiple purposes.
2019 | Panipat, Haryana (India) | Active
Shankar Rags Profile
Key Indicators
- Authorised Capital ₹ 6.50 M
- Paid Up Capital ₹ 5.00 M
- Company Age 5 Year, 6 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 6.00 Cr
- Satisfied Charges ₹ 5.00 Cr
- Revenue Growth -16.08%
- Profit Growth -24.87%
- Ebitda 10.06%
- Net Worth 12.34%
- Total Assets 24.66%
About Shankar Rags
Shankar Rags Private Limited (SRPL) is a Private Limited Indian Non-Government Company incorporated in India on 23 October 2019 (Five years and six months 15 days old ). Its registered office is in Panipat, Haryana, 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 2024. It's a company limited by shares with an authorized capital of Rs 6.50 M and a paid-up capital of Rs 5.00 M.
The company currently has active open charges totaling ₹6.00 Cr. The company has closed loans amounting to ₹5.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
Mohit Garg and Amit Garg serve as directors at the Company.
Company Details
- Location
Panipat, Haryana, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U17299HR2019PTC083204
- Company No.
083204
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
23 Oct 2019
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Delhi
Industry
Manufacturing
Shankar Rags Private Limited
Explore comprehensive data for Shankar Rags Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Shankar Rags?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Mohit Garg  | Director | 23-Oct-2019 | Current |
| Amit Garg | Director | 23-Oct-2019 | Current |
Financial Performance of Shankar Rags.
Shankar Rags Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 16.08% decrease. The company also saw a substantial fall in profitability, with a 24.87% decrease in profit. The company's net worth Soared by an impressive increase of 12.34%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Shankar Rags?
In 2023, Shankar Rags had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
- Shiv Fibretex International Private Limited
Mohit Garg and Amit Garg are mutual person
- Radha Krishan Yarn Private Limited
Mohit Garg and Amit Garg are mutual person
- Radhakrishan Furnishing Private Limited
Mohit Garg and Amit Garg are mutual person
Charges (Loans)
Open Charges
₹60.00 M
Satisfied Charges
₹50.00 M
Charges Breakdown by Lending Institutions
- Others : 6.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 03 Feb 2022 | Others | ₹6.00 Cr | Open |
| 23 Jan 2020 | Others | ₹5.00 Cr | Satisfied |
How Many Employees Work at Shankar Rags?
Unlock and access historical data on people associated with Shankar Rags, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Shankar Rags, 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 Rags's trajectory.
Rating
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
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 Rags
Recent activity within the organization
- Annual General Meeting
Shankar Rags Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Shankar Rags Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.
- Charges
A charge registered on 23 Jan 2020 via Charge ID 100319484 with Others was fully satisfied on 19 Apr 2022.
- Charges
A charge with Others amounted to Rs. 60.00 M with Charge ID 100531890 was registered on 03 Feb 2022.
- Charges
A charge with Others amounted to Rs. 50.00 M with Charge ID 100319484 was registered on 23 Jan 2020.
- Director Appointment
Mohit Garg was appointed as a Director was appointed as a Director on 23 Oct 2019 & has been associated with this company since 5 years 6 months .
Frequently asked questions
What is the Incorporation or founding date of Shankar Rags Private Limited?
Shankar Rags Private Limited was incorporated on 23 Oct 2019.
What is authorized share capital and paid-up capital of Shankar Rags Private Limited?
The authorized share capital of Shankar Rags Private Limited is ₹ 6.50 M and paid-up capital is ₹ 5.00 M.
Who are the current board members & directors of Shankar Rags Private Limited?
Currently 2 directors are associated with Shankar Rags Private Limited.
- Mohit Garg
- Amit Garg
What is the registered address of Shankar Rags Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Shankar Rags Private Limited is 43-44 Gandhi Mandi India, Panipat, Haryana, 132103.
What is the corporate identification number (CIN) and company number of Shankar Rags Private Limited?
The corporate identification number (CIN) of Shankar Rags Private Limited is U17299HR2019PTC083204 and the company number is 083204 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Shankar Rags Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Shankar Rags Private Limited has fallen by -16.08%.
What change has been observed in the net worth of Shankar Rags Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Shankar Rags Private Limited has experienced an upsurge of 12.34%.
What are the total open charges for Shankar Rags Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Shankar Rags Private Limited amount to ₹ 6.00 Cr.
When was the last Balance Sheet of Shankar Rags Private Limited filed with the ROC?
The most recent Balance Sheet for Shankar Rags Private Limited was filed with the ROC on 31 Mar 2024.
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