Shashwath Silks And Sarees Private Limited

Textile trading company specializing in silk yarn, fabrics, and garments.

2004 | Bangaluru, Karnataka (India) | Active
Last Updated: December 24, 2024

Shashwath Silks And Sarees Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 21 Year, 11 Days
  • Last Filing with ROC 31 Mar 2018
  • Open Charges ₹ 5.20 M
  • Revenue Growth -49.03%
  • Profit Growth 36.23%
  • Ebitda -0.39%
  • Net Worth -465.35%
  • Total Assets -28.17%

About Shashwath Silks And Sarees

Shashwath Silks And Sarees Private Limited (SSASPL) is a Private Limited Indian Non-Government Company incorporated in India on 11 February 2004 and has a history of 21 years. Its registered office is in Bangaluru, Karnataka, India.

The Corporate was formerly known as Shashwathi Silks And Sarees Private Limited. The Company is engaged in the Home & Lifestyle Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2018. It's a company limited by shares with an authorized capital of Rs 1.00 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹5.20 M.

Devatha Archana and Devatha Shashidhar serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U18101KA2004PTC033349

  • Company No.

    033349

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    11 Feb 2004

  • Date of AGM

    29 Sep 2018

  • Date of Balance Sheet

    31 Mar 2018

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Home & Lifestyle

Who are the key members and board of directors at Shashwath Silks And Sarees?

Board Members (2)

NameDesignationAppointment DateStatus
Devatha Archana Country flag representing In Director 01-Aug-2011Current
Devatha Shashidhar Country flag representing In Director 01-Aug-2011Current

Financial Performance of Shashwath Silks And Sarees.

Shashwath Silks And Sarees Private Limited, for the financial year ended 2018, experienced significant reduction in revenue, with a 49.03% decrease. The company also saw a substantial improvement in profitability, with a 36.23% increase in profit. The company's net worth observed a substantial decline by a decrease of 465.35%.

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
-49.03%
Revenue from Operations
-48.98%
Total Assets
-28.17%
Profit or Loss
36.23%
Net Worth
-465.35%
EBITDA
-0.39%

What is the Ownership and Shareholding Structure of Shashwath Silks And Sarees?

In 2018, Shashwath Silks And Sarees 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

₹5.20 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • The Federal Bank Limited : 0.40 Cr
  • Andhra Bank : 0.12 Cr

Latest Charge Details

DateLenderAmountStatus
27 Nov 2006The Federal Bank Limited₹4.00 MOpen
21 Apr 2005Andhra Bank₹1.20 MOpen

How Many Employees Work at Shashwath Silks And Sarees?

Unlock and access historical data on people associated with Shashwath Silks And Sarees, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Shashwath Silks And Sarees, 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 Shashwath Silks And Sarees'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 Shashwath Silks And Sarees

Recent activity within the organization

  • Annual General Meeting

    Shashwath Silks And Sarees Private Limited last Annual general meeting of members was held on 29 Sep 2018 as per latest MCA records.

    29 Sep 2018

  • Balance Sheet

    Shashwath Silks And Sarees Private Limited has filed its annual Financial statements for the year ended 31 Mar 2018 with Roc Bangalore.

    31 Mar 2018

  • Director Appointment

    Devatha Shashidhar Archana was appointed as a Director was appointed as a Director on 01 Aug 2011 & has been associated with this company since 13 years 6 months .

    01 Aug 2011

  • Director Appointment

    Devatha Narasimhan Shashidhar was appointed as a Director was appointed as a Director on 01 Aug 2011 & has been associated with this company since 13 years 6 months .

    01 Aug 2011

  • Charges

    A charge with The Federal Bank Limited of Rs. 4.00 M registered on 27 Nov 2006 with Charge ID 10028076 was modified on 23 Jan 2009.

    23 Jan 2009

  • Charges

    A charge with The Federal Bank Limited amounted to Rs. 4.00 M with Charge ID 10028076 was registered on 27 Nov 2006.

    27 Nov 2006

Frequently asked questions

  • Shashwath Silks And Sarees Private Limited was incorporated on 11 Feb 2004.

  • The authorized share capital of Shashwath Silks And Sarees Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Shashwath Silks And Sarees Private Limited.

    • Devatha Shashidhar Archana
    • Devatha Narasimhan Shashidhar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Shashwath Silks And Sarees Private Limited is 117, J.M Road India, Bangalore, Karnataka, 560002.

  • The corporate identification number (CIN) of Shashwath Silks And Sarees Private Limited is U18101KA2004PTC033349 and the company number is 033349 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2018, the revenue trend for Shashwath Silks And Sarees Private Limited has fallen by -49.03%.

  • The financial reports for the fiscal year 2018 indicates that The net worth of Shashwath Silks And Sarees Private Limited has experienced an downturn of -465.35%.

  • As per the financial statements for fiscal Year 2018, The total open charges for Shashwath Silks And Sarees Private Limited amount to ₹ 5.20 M.

  • The most recent Balance Sheet for Shashwath Silks And Sarees Private Limited was filed with the ROC on 31 Mar 2018.

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