Shilpa Stainless Profile
Key Indicators
- Authorised Capital ₹ 5.00 M
- Paid Up Capital ₹ 0.84 M
- Company Age 15 Year, 7 Days
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 24.99 Cr
- Satisfied Charges ₹ 19.67 Cr
- Revenue Growth 18.07%
- Profit Growth 21.39%
- Ebitda 19.57%
- Net Worth 18.62%
- Total Assets 4.94%
About Shilpa Stainless
Shilpa Stainless Private Limited (SSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 23 March 2010 and has a history of 15 years. Its registered office is in Chennai, Tamil Nadu, India.
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 5.00 M and a paid-up capital of Rs 0.84 M.
The company currently has active open charges totaling ₹24.99 Cr. The company has closed loans amounting to ₹19.67 Cr, as per Ministry of Corporate Affairs (MCA) records.
Bhavana Shah, Gulabchandjain Mangal, Chhaganlal Purohit, and Two other members serve as directors at the Company.
Company Details
- Location
Chennai, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U27100TN2010PTC075040
- Company No.
075040
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
23 Mar 2010
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Home & Lifestyle
What products or services does Shilpa Stainless Private Limited offer?
Shilpa Stainless Private Limited offers a wide range of products and services, including Cookware and Cooking Utensils, Cooking Pan, Cooking Pots, Kitchen Bowl, Stainless Steel Utensils & Cookware, Steel Cooking Utensils, Cookware.
Who are the key members and board of directors at Shilpa Stainless?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Rakesh Shah  | Managing Director | 23-Mar-2010 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Gulabchandjain Mangal | Whole-Time Director | 01-Aug-2013 | Current |
| Bhavana Shah | Whole-Time Director | 01-Feb-2012 | Current |
| Chhaganlal Purohit | Whole-Time Director | 01-Aug-2013 | Current |
| Pratham Shah | Additional Director | 20-Apr-2021 | Current |
Financial Performance of Shilpa Stainless.
Shilpa Stainless Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 18.07% increase. The company also saw a substantial improvement in profitability, with a 21.39% increase in profit. The company's net worth Soared by an impressive increase of 18.62%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Shilpa Stainless?
In 2023, Shilpa Stainless 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)
Changed Amp LlpPratham Shah is a mutual person
- Tankar Shrut Setu Foundation
Rakesh Shah is a mutual person
Charges (Loans)
Open Charges
₹249.93 M
Satisfied Charges
₹196.67 M
Charges Breakdown by Lending Institutions
- Yes Bank Limited : 23.31 Cr
- Others : 1.33 Cr
- Tata Capital Financial Services Limited : 0.35 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 25 Nov 2022 | Others | ₹8.60 M | Open |
| 23 Aug 2022 | Others | ₹4.72 M | Open |
| 25 Aug 2021 | Tata Capital Financial Services Limited | ₹3.50 M | Open |
| 20 Jun 2020 | Yes Bank Limited | ₹2.23 Cr | Open |
| 20 Nov 2018 | Yes Bank Limited | ₹21.08 Cr | Open |
How Many Employees Work at Shilpa Stainless?
Shilpa Stainless has a workforce of 170 employees as of Apr 04, 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 Shilpa Stainless, 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 Shilpa Stainless'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.
Latest Updates, News, and FAQs on Shilpa Stainless
Recent activity within the organization
- Annual General Meeting
Shilpa Stainless Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Balance Sheet
Shilpa Stainless Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.
- Charges
A charge with Others amounted to Rs. 8.60 M with Charge ID 100657868 was registered on 25 Nov 2022.
- Charges
A charge with Others amounted to Rs. 4.72 M with Charge ID 100652728 was registered on 23 Aug 2022.
- Charges
A charge with Yes Bank Limited of Rs. 210.81 M registered on 20 Nov 2018 with Charge ID 100226537 was modified on 17 Feb 2022.
- Charges
A charge with Tata Capital Financial Services Limited amounted to Rs. 3.50 M with Charge ID 100489256 was registered on 25 Aug 2021.
Frequently asked questions
What is the Incorporation or founding date of Shilpa Stainless Private Limited?
Shilpa Stainless Private Limited was incorporated on 23 Mar 2010.
What is authorized share capital and paid-up capital of Shilpa Stainless Private Limited?
The authorized share capital of Shilpa Stainless Private Limited is ₹ 5.00 M and paid-up capital is ₹ 0.84 M.
Who are the current board members & directors of Shilpa Stainless Private Limited?
Currently 5 directors are associated with Shilpa Stainless Private Limited.
- Bhavana Shah
- Gulabchandjain Mangal
- Chhaganlal Purohit
- Pratham Rakesh Shah
- Rakesh Shah
What is the registered address of Shilpa Stainless Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Shilpa Stainless Private Limited is New No 58 Old 80 Dr Alagappa Road, Purusawalkam India, Chennai, Tamil Nadu, 600084.
What is the corporate identification number (CIN) and company number of Shilpa Stainless Private Limited?
The corporate identification number (CIN) of Shilpa Stainless Private Limited is U27100TN2010PTC075040 and the company number is 075040 as per Ministry of Corporate Affairs (MCA).
What is the official website of Shilpa Stainless Private Limited?
The Official website of Shilpa Stainless Private Limited is https://www.praylady.in
What has been the recent revenue trend for Shilpa Stainless Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Shilpa Stainless Private Limited has risen by 18.07%.
How many employees does Shilpa Stainless Private Limited currently have?
As Per 2023 financial reports, 170 employees are currently employed by Shilpa Stainless Private Limited.
What change has been observed in the net worth of Shilpa Stainless Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Shilpa Stainless Private Limited has experienced an upsurge of 18.62%.
What are the total open charges for Shilpa Stainless Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Shilpa Stainless Private Limited amount to ₹ 24.99 Cr.
When was the last Balance Sheet of Shilpa Stainless Private Limited filed with the ROC?
The most recent Balance Sheet for Shilpa Stainless Private Limited was filed with the ROC on 31 Mar 2023.
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