Shankar Rags Profile
Key Indicators
- Authorised Capital ₹ 6.50 M
as on 16-11-2024
- Paid Up Capital ₹ 5.00 M
as on 16-11-2024
- Company Age 5 Year, 2 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 6.00 Cr
as on 16-11-2024
- Satisfied Charges ₹ 5.00 Cr
as on 16-11-2024
- Revenue -16.08%
(FY 2023)
- Profit -24.87%
(FY 2023)
- Ebitda 10.06%
(FY 2023)
- Net Worth 12.34%
(FY 2023)
- Total Assets 24.66%
(FY 2023)
About Shankar Rags
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.
- 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
Company Details
- Location
Panipat, Haryana, India
- Telephone
- Email Address
- Website
-
- Social Media-
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
| Metric |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
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 LimitedActive 14 years 10 monthsMohit Garg and Amit Garg are mutual person
- Radhakrishan Furnishing Private LimitedActive 5 years 4 days
Mohit Garg and Amit Garg are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 03 Feb 2022 | ₹6.00 Cr | Open |
Others Creation Date: 23 Jan 2020 | ₹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.
