Shiner Sacks Private Limited

Manufacturer of plastic packaging products for various industries, including tarpaulins, woven sacks, and bags.

1985 | Namakkal, Tamil Nadu (India) | Active
Last Updated: January 01, 2025

Shiner Sacks Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 1.00 Cr
  • Company Age 39 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.85 Cr
  • Satisfied Charges ₹ 3.52 Cr
  • Revenue Growth 43.18%
  • Profit Growth 301.44%
  • Ebitda 27.07%
  • Net Worth 3.78%
  • Total Assets -8.80%

About Shiner Sacks

Shiner Sacks Private Limited (SSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 03 May 1985 and has a history of 39 years and nine months. Its registered office is in Namakkal, Tamil Nadu, India.

The Company is engaged in the Packaging 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 1.00 Cr and a paid-up capital of Rs 1.00 Cr.

The company currently has active open charges totaling ₹1.85 Cr. The company has closed loans amounting to ₹3.52 Cr, as per Ministry of Corporate Affairs (MCA) records.

Sasikala and Poolampalayam Soundararajan serve as directors at the Company.

Company Details

  • Location

    Namakkal, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U21021TZ1985PTC001605

  • Company No.

    001605

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    03 May 1985

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Packaging

What products or services does Shiner Sacks Private Limited offer?

Shiner Sacks Private Limited offers a wide range of products and services, including Bulk Bags & Sacks, Woven Sacks, Jumbo Bags, Tarpaulins, HDPE Tarpaulin, Cement Bag, Polypropylene Woven Sacks, Laminated Woven Sack, FIBC Bags.

Who are the key members and board of directors at Shiner Sacks?

Executive Team (2)

Name Designation Appointment Date Status
Sasikala Country flag representing In Managing Director 04-Jun-2003 Current
Poolampalayam Soundararajan Country flag representing In Managing Director 04-Jun-2003 Current

Board Members

People

No Directors or KMP associated with company. Upon reviewing the records, we can confirm that there are no Directors or Key Management Personnel (KMP) associated with this company at present.

Financial Performance of Shiner Sacks.

Shiner Sacks Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 43.18% increase. The company also saw a substantial improvement in profitability, with a 301.44% increase in profit. The company's net worth moved up by a moderate rise of 3.78%.

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
43.18%
Revenue from Operations
42.20%
Total Assets
-8.80%
Profit or Loss
301.44%
Net Worth
3.78%
EBITDA
27.07%

What is the Ownership and Shareholding Structure of Shiner Sacks?

In 2022, Shiner Sacks had a public holding of 29.52%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹1.85 Cr

Satisfied Charges

₹3.52 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 1.60 Cr
  • The Tamilnadu Industrial Investment Corporation Limited : 0.23 Cr
  • The Tamilnadu Industrial Investment Corporation Ltd : 0.02 Cr

Latest Charge Details

Date Lender Amount Status
12 Jan 2018 Hdfc Bank Limited ₹1.60 Cr Open
14 Jul 1987 The Tamilnadu Industrial Investment Corporation Ltd ₹0.20 M Open
04 Jul 1986 The Tamilnadu Industrial Investment Corporation Limited ₹0.40 M Open
28 Jan 1986 The Tamilnadu Industrial Investment Corporation Limited ₹1.90 M Open
02 Mar 2016 Tamilnad Mercantile Bank Limited ₹2.26 M Satisfied

How Many Employees Work at Shiner Sacks?

Shiner Sacks has a workforce of 9 employees as of Apr 05, 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 Shiner Sacks, 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 Shiner Sacks'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 Shiner Sacks

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

    Shiner Sacks Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore.

    31 Mar 2024

  • Charges

    A charge registered on 02 Mar 2016 via Charge ID 100019572 with Tamilnad Mercantile Bank Limited was fully satisfied on 01 Mar 2018.

    01 Mar 2018

  • Charges

    A charge registered on 31 Oct 2014 via Charge ID 10533122 with Tamilnad Mercantile Bank Limited was fully satisfied on 01 Mar 2018.

    01 Mar 2018

  • Charges

    A charge registered on 09 Jun 2014 via Charge ID 10533123 with Tamilnad Mercantile Bank Limited was fully satisfied on 01 Mar 2018.

    01 Mar 2018

  • Charges

    A charge registered on 19 Feb 2014 via Charge ID 10484314 with Tamilnad Mercantile Bank Limited was fully satisfied on 01 Mar 2018.

    01 Mar 2018

Frequently asked questions

  • Shiner Sacks Private Limited was incorporated on 03 May 1985.

  • The authorized share capital of Shiner Sacks Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 1.00 Cr.

  • Currently 2 directors are associated with Shiner Sacks Private Limited.

    • Sasikala
    • Poolampalayam Ramasamy Soundararajan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Shiner Sacks Private Limited is Thatchankadugoundampalayam Rasipuram India, Tamilnadu, Tamil Nadu, 637408.

  • The corporate identification number (CIN) of Shiner Sacks Private Limited is U21021TZ1985PTC001605 and the company number is 001605 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Shiner Sacks Private Limited is https://www.shinersacks.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Shiner Sacks Private Limited has risen by 43.18%.

  • As Per 2022 financial reports, 9 employees are currently employed by Shiner Sacks Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Shiner Sacks Private Limited has experienced an upsurge of 3.78%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Shiner Sacks Private Limited amount to ₹ 1.85 Cr.

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

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