Shashwat Systems Profile
Key Indicators
- Authorised Capital ₹ 2.00 M
- Paid Up Capital ₹ 2.00 M
- Company Age 22 Year, 11 Months
- Last Filing with ROC 31 Mar 2021
- Open Charges ₹ 1.51 Cr
- Satisfied Charges ₹ 2.14 Cr
- Revenue Growth -51.95%
- Profit Growth -3.61%
- Ebitda -197.69%
- Net Worth -195.81%
- Total Assets -7.28%
About Shashwat Systems
Shashwat Systems Private Limited (SSPL) is a Private Limited Indian Non-Government Company incorporated in India on 27 February 2002 and has a history of 22 years and 11 months. Its registered office is in Ahmedabad, Gujarat, 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 2021. It's a company limited by shares with an authorized capital of Rs 2.00 M and a paid-up capital of Rs 2.00 M.
The company currently has active open charges totaling ₹1.51 Cr. The company has closed loans amounting to ₹2.14 Cr, as per Ministry of Corporate Affairs (MCA) records.
Veena Parikh and Siddhant Parikh serve as directors at the Company.
Company Details
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Location
Ahmedabad, Gujarat, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U28133GJ2002PTC040516
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Company No.
040516
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
27 Feb 2002
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Date of AGM
30 Nov 2021
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Date of Balance Sheet
31 Mar 2021
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Listing Status
Unlisted
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ROC Code
Roc Ahmedabad
Industry
What products or services does Shashwat Systems Private Limited offer?
Shashwat Systems Private Limited offers a wide range of products and services, including Hydraulic Cylinders, Hydraulic & Pneumatic Cylinders, Multistage Cylinder, Power Packs, Lubrication Systems and Equipment, Lubricating Systems, Industrial Hydraulic Cylinders, Electrical & Electronic Connectors, Terminal Block Connectors, Hydraulic Power Pack.
Who are the key members and board of directors at Shashwat Systems?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Veena Parikh
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Director | 27-Feb-2002 | Current |
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Siddhant Parikh
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Director | 16-Feb-2013 | Current |
Financial Performance of Shashwat Systems.
Shashwat Systems Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 51.95% decrease. The company also saw a slight decrease in profitability, with a 3.61% decrease in profit. The company's net worth observed a substantial decline by a decrease of 195.81%.
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What is the Ownership and Shareholding Structure of Shashwat Systems?
In 2019, Shashwat Systems 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)
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Desai Metalinks LimitedVeena Parikh is a mutual person
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Shiromani Hydraulics Private LimitedVeena Parikh is a mutual person
Charges (Loans)
₹15.10 M
₹21.40 M
Charges Breakdown by Lending Institutions
- Others : 1.51 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 17 Apr 2018 | Others | ₹1.20 Cr | Open |
| 17 Apr 2018 | Others | ₹3.10 M | Open |
| 18 Oct 2016 | Tata Capital Financial Services Limited | ₹7.35 M | Satisfied |
| 18 Mar 2015 | Indiabulls Housing Finance Limited | ₹4.05 M | Satisfied |
| 17 Jul 2010 | Idbi Bank Limited | ₹5.00 M | Satisfied |
How Many Employees Work at Shashwat Systems?
Shashwat Systems has a workforce of 2 employees as of Apr 08, 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 Shashwat Systems, 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 Shashwat Systems'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.
