Shanti Spintex Profile
Key Indicators
- Authorised Capital ₹ 20.00 Cr
- Paid Up Capital ₹ 16.89 Cr
- Company Age 14 Year, 6 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 20.06 Cr
- Satisfied Charges ₹ 31.66 Cr
- Revenue Growth 45.23%
- Profit Growth 355.92%
- Ebitda 83.81%
- Net Worth 44.93%
- Total Assets 43.37%
About Shanti Spintex
Shanti Spintex Limited (SSL) is a leading Public Limited Indian Non-Government Company incorporated in India on 23 August 2010 and has a history of 14 years and six months. Its registered office is in Ahmedabad, Gujarat, 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 20.00 Cr and a paid-up capital of Rs 16.89 Cr.
The company currently has active open charges totaling ₹20.06 Cr. The company has closed loans amounting to ₹31.66 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Shanti Spintex Limited India are Bharat Agarwal as CFO and Mohini Singhal as Company Secretary. Bharatbhushan Agarwal, Rikin Agarwal, Monika Gupta, and Two other members serve as directors at the Company.
Company Details
- Location
Ahmedabad, Gujarat, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
L17120GJ2010PLC062084
- Company No.
062084
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
23 Aug 2010
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Listed
- ROC Code
Roc Ahmedabad
Industry
Who are the key members and board of directors at Shanti Spintex?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Rikin Agarwal  | Managing Director | 20-Aug-2014 | Current |
| Bharat Agarwal | CFO | 24-Aug-2023 | Current |
| Mohini Singhal | Company Secretary | 02-Aug-2023 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Bharatbhushan Agarwal | Whole-Time Director | 20-Aug-2014 | Current |
| Monika Gupta | Additional Director | 01-Jul-2024 | Current |
| Bhavik Talati | Director | 31-Jul-2023 | Current |
| Kruti Vyas | Director | 31-Aug-2023 | Current |
Financial Performance of Shanti Spintex.
Shanti Spintex Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 45.23% increase. The company also saw a substantial improvement in profitability, with a 355.92% increase in profit. The company's net worth Soared by an impressive increase of 44.93%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Shanti Spintex?
In 2023, Shanti Spintex had a promoter holding of 50.00% and a public holding of 50.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Jagson Color Science LimitedBharatbhushan Agarwal is a mutual person
Jagson Colorchem LimitedMonika Gupta is a mutual person
Jigs Chemical LimitedMonika Gupta is a mutual person
Dulari Fabrics Private LimitedBharatbhushan Agarwal is a mutual person
- Rikin Fabrics Private Limited
Bharatbhushan Agarwal and Rikin Agarwal are mutual person
- Sparsh Fabrics Private Limited
Bharatbhushan Agarwal is a mutual person
Charges (Loans)
₹20.06 Cr
₹31.66 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 20.06 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 04 Mar 2016 | State Bank Of India | ₹20.06 Cr | Open |
| 08 Mar 2022 | State Bank Of India | ₹10.30 Cr | Satisfied |
| 22 Dec 2020 | State Bank Of India | ₹10.68 Cr | Satisfied |
| 29 Aug 2020 | State Bank Of India | ₹10.68 Cr | Satisfied |
How Many Employees Work at Shanti Spintex?
Shanti Spintex has a workforce of 10 employees as of Sep 22, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Shanti Spintex, 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 Shanti Spintex'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.
