Sheetla Overseas Ltd

Trading waste materials for man-made fibers since 1997.

1997 | Indore, Madhya Pradesh (India) | Active
Last Updated: July 29, 2024

Sheetla Overseas Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 2.40 M
  • Company Age 27 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 2.00 Cr
  • Satisfied Charges ₹ 1.98 Cr
  • Revenue Growth 4.20%
  • Profit Growth 67.15%
  • Ebitda -177.56%
  • Net Worth 7.83%
  • Total Assets -17.11%

About Sheetla Overseas

Sheetla Overseas Ltd (SOL) is a leading Public Limited Indian Non-Government Company incorporated in India on 05 March 1997 and has a history of 27 years and 11 months. Its registered office is in Indore, Madhya Pradesh, India.

The Corporate was formerly known as Sheetla Overseas Pvt Ltd. 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 2023. It's a company limited by shares with an authorized capital of Rs 2.50 M and a paid-up capital of Rs 2.40 M.

The company currently has active open charges totaling ₹2.00 Cr. The company has closed loans amounting to ₹1.98 Cr, as per Ministry of Corporate Affairs (MCA) records.

Subhash Agarwal, Rajkumar Agarwal, Tarunadevi Aggarwal, and One other member serve as directors at the Company.

Company Details

  • Location

    Indore, Madhya Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74110MP1997PLC011707

  • Company No.

    011707

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    05 Mar 1997

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Gwalior

Industry

Home & Lifestyle

What products or services does Sheetla Overseas Ltd offer?

Sheetla Overseas Ltd offers a wide range of products and services, including PET Granules & Plastic Raw Material, PET Granules, Plastic, PVC & PP Products, Plastic Scrap, Plastic Granules, Plastic Chip, Polyester Chips.

Who are the key members and board of directors at Sheetla Overseas?

Executive Team (1)

Name Designation Appointment Date Status
Subhash Agarwal Country flag representing In Managing Director 18-Nov-2001 Current

Board Members (3)

Name Designation Appointment Date Status
Rajkumar Agarwal Country flag representing In Additional Director Current
Tarunadevi Aggarwal Country flag representing In Director 01-May-2013 Current
Neeru Agarwal Country flag representing In Director 07-Feb-2014 Current

Financial Performance of Sheetla Overseas.

Sheetla Overseas Ltd, for the financial year ended 2023, experienced modest growth in revenue, with a 4.2% increase. The company also saw a substantial improvement in profitability, with a 67.15% increase in profit. The company's net worth moved up by a moderate rise of 7.83%.

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
4.20%
Revenue from Operations
1.91%
Total Assets
-17.11%
Profit or Loss
67.15%
Net Worth
7.83%
EBITDA
-177.56%

What is the Ownership and Shareholding Structure of Sheetla Overseas?

In 2023, Sheetla Overseas 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

₹20.00 M

Satisfied Charges

₹19.83 M

Charges Breakdown by Lending Institutions

  • Yes Bank Limited : 2.00 Cr

Latest Charge Details

Date Lender Amount Status
01 Jul 2021 Yes Bank Limited ₹2.00 Cr Open
06 Jan 2007 Bank Of Baroda ₹1.11 Cr Satisfied
28 Dec 2006 Bank Of Baroda ₹5.30 M Satisfied
23 Aug 2006 Oriental Bank Of Commerce ₹0.93 M Satisfied
30 Oct 2005 Oriental Bank Of Commerce ₹2.50 M Satisfied

How Many Employees Work at Sheetla Overseas?

Unlock and access historical data on people associated with Sheetla Overseas, 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 Sheetla Overseas, 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 Sheetla Overseas'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 Sheetla Overseas

Recent activity within the organization

  • Annual General Meeting

    Sheetla Overseas Ltd last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Sheetla Overseas Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Gwalior.

    31 Mar 2023

  • Charges

    A charge with Yes Bank Limited amounted to Rs. 20.00 M with Charge ID 100457291 was registered on 01 Jul 2021.

    01 Jul 2021

  • Charges

    A charge registered on 06 Jan 2007 via Charge ID 10039379 with Bank Of Baroda was fully satisfied on 24 Jun 2021.

    24 Jun 2021

  • Charges

    A charge registered on 28 Dec 2006 via Charge ID 10033334 with Bank Of Baroda was fully satisfied on 24 Jun 2021.

    24 Jun 2021

  • Charges

    A charge with Bank Of Baroda of Rs. 5.30 M registered on 28 Dec 2006 with Charge ID 10033334 was modified on 17 Feb 2016.

    17 Feb 2016

Frequently asked questions

  • Sheetla Overseas Ltd was incorporated on 05 Mar 1997.

  • The authorized share capital of Sheetla Overseas Ltd is ₹ 2.50 M and paid-up capital is ₹ 2.40 M.

  • Currently 4 directors are associated with Sheetla Overseas Ltd.

    • Subhash Gopiram Agarwal
    • Rajkumar Rameshwarlal Agarwal
    • Tarunadevi Subhashachand Aggarwal
    • Neeru Rajkumar Agarwal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sheetla Overseas Ltd is Block No: E-A-155 Scheme No. 94 Ring Road, Indore, Madhya Pradesh, India, 452010.

  • The corporate identification number (CIN) of Sheetla Overseas Ltd is U74110MP1997PLC011707 and the company number is 011707 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Sheetla Overseas Ltd has risen by 4.20%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Sheetla Overseas Ltd has experienced an upsurge of 7.83%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Sheetla Overseas Ltd amount to ₹ 2.00 Cr.

  • The most recent Balance Sheet for Sheetla Overseas Ltd was filed with the ROC on 31 Mar 2023.

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