Shaswat Textiles Private Limited

This company manufactures and sells a variety of cotton and other fabric products.

2004 | Ahmedabad, Gujarat (India) | Active
Last Updated: November 15, 2024

Shaswat Textiles Profile

Key Indicators

  • Authorised Capital ₹ 6.95 Cr
  • Paid Up Capital ₹ 3.93 Cr
  • Company Age 20 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 38.20 Cr
  • Satisfied Charges ₹ 15.92 Cr
  • Revenue Growth 12.89%
  • Profit Growth -18.85%
  • Ebitda -3.30%
  • Net Worth 14.36%
  • Total Assets -12.02%

About Shaswat Textiles

Shaswat Textiles Private Limited (STPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 26 May 2004 and has a history of 20 years and eight months. Its registered office is in Ahmedabad, Gujarat, India.

The Company is engaged in the Fashion And Textile 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 6.95 Cr and a paid-up capital of Rs 3.93 Cr.

The company currently has active open charges totaling ₹38.20 Cr. The company has closed loans amounting to ₹15.92 Cr, as per Ministry of Corporate Affairs (MCA) records.

Amish Shah, Rajendrakumar Shah, and Abdhishkumar Shah serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U17111GJ2004PTC044184

  • Company No.

    044184

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    26 May 2004

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Fashion and Textile

What products or services does Shaswat Textiles Private Limited offer?

Shaswat Textiles Private Limited offers a wide range of products and services, including Apparel Fabrics & Clothing Textiles, Cotton Textile, Cotton Twill Fabric, Suiting and Shirting Fabric, Linen Shirting Fabric, Plain Weave, Dyed Fabric, Cotton Yarn Dyed Fabrics, Home Decor & Furnishing Fabrics, Matty Fabric.

Who are the key members and board of directors at Shaswat Textiles?

Board Members (3)

NameDesignationAppointment DateStatus
Abdhishkumar Shah Country flag representing In Director 09-Jun-2009Current
Rajendrakumar Shah Country flag representing In Director 26-May-2004Current
Amish Shah Country flag representing In Director 26-May-2004Current

Financial Performance of Shaswat Textiles.

Shaswat Textiles Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 12.89% increase. The company also saw a substantial fall in profitability, with a 18.85% decrease in profit. The company's net worth Soared by an impressive increase of 14.36%.

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
12.89%
Revenue from Operations
12.90%
Total Assets
-12.02%
Profit or Loss
-18.85%
Net Worth
14.36%
EBITDA
-3.30%

What is the Ownership and Shareholding Structure of Shaswat Textiles?

In 2023, Shaswat Textiles 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

₹38.20 Cr

Satisfied Charges

₹15.92 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 38.20 Cr

Latest Charge Details

DateLenderAmountStatus
12 Jul 2016Hdfc Bank Limited₹19.10 CrOpen
20 Jun 2016Hdfc Bank Limited₹19.10 CrOpen
27 Aug 2014Bank Of India₹5.20 CrSatisfied
30 May 2012Bank Of India₹5.52 CrSatisfied
12 Sep 2009Bank Of India₹5.20 CrSatisfied

How Many Employees Work at Shaswat Textiles?

Shaswat Textiles has a workforce of 30 employees as of Mar 23, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Shaswat Textiles, 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 Shaswat Textiles'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 Shaswat Textiles

Recent activity within the organization

  • Annual General Meeting

    Shaswat Textiles Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Shaswat Textiles Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • Charges

    A charge with Hdfc Bank Limited of Rs. 19.10 Cr registered on 20 Jun 2016 with Charge ID 100038028 was modified on 19 Sep 2022.

    19 Sep 2022

  • Charges

    A charge with Hdfc Bank Limited of Rs. 19.10 Cr registered on 12 Jul 2016 with Charge ID 100039233 was modified on 09 Sep 2022.

    09 Sep 2022

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 19.10 Cr with Charge ID 100039233 was registered on 12 Jul 2016.

    12 Jul 2016

  • Charges

    A charge registered on 27 Aug 2014 via Charge ID 10517815 with Bank Of India was fully satisfied on 01 Jul 2016.

    01 Jul 2016

Frequently asked questions

  • Shaswat Textiles Private Limited was incorporated on 26 May 2004.

  • The authorized share capital of Shaswat Textiles Private Limited is ₹ 6.95 Cr and paid-up capital is ₹ 3.93 Cr.

  • Currently 3 directors are associated with Shaswat Textiles Private Limited.

    • Amish Rajendrakumar Shah
    • Rajendrakumar Rasiklal Shah
    • Abdhishkumar Rajendrakumar Shah
  • As per Ministry of Corporate Affairs (Mca), the registered address of Shaswat Textiles Private Limited is 181/1 First Floor, New Cloth Market O/S Raipur Gate India, Ahmedabad, Gujarat, 380002.

  • The corporate identification number (CIN) of Shaswat Textiles Private Limited is U17111GJ2004PTC044184 and the company number is 044184 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Shaswat Textiles Private Limited is https://www.shaswattextiles.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Shaswat Textiles Private Limited has risen by 12.89%.

  • As Per 2023 financial reports, 30 employees are currently employed by Shaswat Textiles Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Shaswat Textiles Private Limited has experienced an upsurge of 14.36%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Shaswat Textiles Private Limited amount to ₹ 38.20 Cr.

  • The most recent Balance Sheet for Shaswat Textiles Private Limited was filed with the ROC on 31 Mar 2024.

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