Shiva Speciality Yarns Limited

Produces dyed polyester and blended spun yarn with 11,725 MTPA capacity in Punjab, sourcing materials from group companies.

2005 | Ludhiana, Punjab (India) | Active
Last Updated:

Shiva Speciality Yarns Profile

Key Indicators

  • Authorised Capital ₹ 10.50 Cr
  • Paid Up Capital ₹ 10.14 Cr
  • Company Age 19 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 147.84 Cr
  • Satisfied Charges ₹ 48.14 Cr
  • Revenue Growth 13.72%
  • Profit Growth -19.33%
  • Ebitda 360.29%
  • Net Worth 40.75%
  • Total Assets 15.42%

About Shiva Speciality Yarns

Shiva Speciality Yarns Limited (SSYL) is a leading Public Limited Indian Non-Government Company incorporated in India on 15 December 2005 and has a history of 19 years and three months. Its registered office is in Ludhiana, Punjab, India.

The Corporate was formerly known as Punjab Cotspin Limited. The Company is engaged in the Manufacturing 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 10.50 Cr and a paid-up capital of Rs 10.14 Cr.

The company currently has active open charges totaling ₹147.84 Cr. The company has closed loans amounting to ₹48.14 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Shiva Speciality Yarns Limited India is Dhrub Kumar as CFO. Akhil Malhotra, Manoj Kumar, Surjit Singh, and One other member serve as directors at the Company.

Company Details

  • Location

    Ludhiana, Punjab, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U00233PB2005PLC029372

  • Company No.

    029372

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    15 Dec 2005

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Manufacturing

Who are the key members and board of directors at Shiva Speciality Yarns?

Executive Team (1)

NameDesignationAppointment DateStatus
Dhrub Kumar CFO14-Sep-2023Current

Board Members (4)

NameDesignationAppointment DateStatus
Akhil Malhotra Country flag representing In Director 26-Sep-2007Current
Manoj Kumar Country flag representing In Director 13-Apr-2015Current
Surjit Singh Country flag representing In Director 05-Jul-2019Current
Karam Singh Country flag representing In Whole-Time Director 12-Jan-2022Current

Financial Performance of Shiva Speciality Yarns.

Shiva Speciality Yarns Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 13.72% increase. The company also saw a substantial fall in profitability, with a 19.33% decrease in profit. The company's net worth Soared by an impressive increase of 40.75%.

Shiva Speciality Yarns revenue growth over time
Shiva Speciality Yarns 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
13.72%
Revenue from Operations
15.74%
Total Assets
15.42%
Profit or Loss
-19.33%
Net Worth
40.75%
EBITDA
360.29%

What is the Ownership and Shareholding Structure of Shiva Speciality Yarns?

In 2023, Shiva Speciality Yarns had a public 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

₹147.84 Cr

Satisfied Charges

₹48.14 Cr

Charges Breakdown by Lending Institutions

  • Others : 130.18 Cr
  • The Karur Vysya Bank Limited : 17.66 Cr

Latest Charge Details

DateLenderAmountStatus
31 Oct 2015The Karur Vysya Bank Limited₹10.66 CrOpen
27 Mar 2015Others₹36.47 CrOpen
04 Jan 2011The Karur Vysya Bank Limited₹7.00 CrOpen
26 Nov 2010Others₹9.50 CrOpen
24 Sep 2010Others₹20.00 CrOpen

How Many Employees Work at Shiva Speciality Yarns?

Shiva Speciality Yarns has a workforce of 8 employees as of Mar 22, 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.

Employee growth trends for Shiva Speciality Yarns Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Shiva Speciality Yarns, 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 Shiva Speciality Yarns'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 Shiva Speciality Yarns

Recent activity within the organization

  • Annual General Meeting

    Shiva Speciality Yarns Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Director Appointment

    Dhrub Kumar was appointed as a Cfo was appointed as a Cfo on 14 Sep 2023 & has been associated with this company since 1 year 6 months .

  • Balance Sheet

    Shiva Speciality Yarns Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chandigarh.

  • Director Appointment

    Karam Singh was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 12 Jan 2022 & has been associated with this company since 3 years 2 months .

  • Charges

    A charge with Others of Rs. 36.47 Cr registered on 27 Mar 2015 with Charge ID 10564171 was modified on 11 Dec 2019.

  • Charges

    A charge with Others of Rs. 20.00 Cr registered on 24 Sep 2010 with Charge ID 10241445 was modified on 11 Dec 2019.

Frequently asked questions

  • What is the Incorporation or founding date of Shiva Speciality Yarns Limited?

    Shiva Speciality Yarns Limited was incorporated on 15 Dec 2005.

  • What is authorized share capital and paid-up capital of Shiva Speciality Yarns Limited?

    The authorized share capital of Shiva Speciality Yarns Limited is ₹ 10.50 Cr and paid-up capital is ₹ 10.14 Cr.

  • Who are the current board members & directors of Shiva Speciality Yarns Limited?

    Currently 5 directors are associated with Shiva Speciality Yarns Limited.

    • Akhil Malhotra
    • Manoj Kumar
    • Surjit Singh
    • Karam Singh
    • Dhrub Kumar

  • What is the registered address of Shiva Speciality Yarns Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Shiva Speciality Yarns Limited is 4Th Floor Woodstock Tower B-35/958 Adarsh Nagar Ferozepur Road Opposite Waves Mall, Lud Hiana India, Ludhiana, Punjab, 141008.

  • What is the corporate identification number (CIN) and company number of Shiva Speciality Yarns Limited?

    The corporate identification number (CIN) of Shiva Speciality Yarns Limited is U00233PB2005PLC029372 and the company number is 029372 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Shiva Speciality Yarns Limited?

    The Official website of Shiva Speciality Yarns Limited is https://www.shivagroup.info

  • What has been the recent revenue trend for Shiva Speciality Yarns Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Shiva Speciality Yarns Limited has risen by 13.72%.

  • How many employees does Shiva Speciality Yarns Limited currently have?

    As Per 2023 financial reports, 8 employees are currently employed by Shiva Speciality Yarns Limited.

  • What change has been observed in the net worth of Shiva Speciality Yarns Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Shiva Speciality Yarns Limited has experienced an upsurge of 40.75%.

  • What are the total open charges for Shiva Speciality Yarns Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Shiva Speciality Yarns Limited amount to ₹ 147.84 Cr.

  • When was the last Balance Sheet of Shiva Speciality Yarns Limited filed with the ROC?

    The most recent Balance Sheet for Shiva Speciality Yarns Limited was filed with the ROC on 31 Mar 2023.

People also Viewed