Shiven Yarn Private Limited

This company manufactures various types of yarns used in different industries and products.

2016 | Surat, Gujarat (India) | Active
Last Updated:

Shiven Yarn Profile

Key Indicators

  • Authorised Capital ₹ 12.50 Cr
  • Paid Up Capital ₹ 12.50 Cr
  • Company Age 9 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 138.30 Cr
  • Satisfied Charges ₹ 125.88 Cr
  • Revenue Growth 18.21%
  • Profit Growth -47.35%
  • Ebitda -45.57%
  • Net Worth 17.43%
  • Total Assets 31.94%

About Shiven Yarn

Shiven Yarn Private Limited (SYPL) is a Private Limited Indian Non-Government Company incorporated in India on 04 February 2016 (Nine years and one month 5 days old ). Its registered office is in Surat, Gujarat, India.

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 12.50 Cr and a paid-up capital of Rs 12.50 Cr.

The company currently has active open charges totaling ₹138.30 Cr. The company has closed loans amounting to ₹125.88 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Shiven Yarn Private Limited India is Swati Malu as COMPANY SECRETARY. Dharmesh Patel, Samir Patel, Ketanbhai Patel, and Four other members serve as directors at the Company.

Company Details

  • Location

    Surat, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U17120GJ2016PTC085948

  • Company No.

    085948

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    04 Feb 2016

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Manufacturing

What products or services does Shiven Yarn Private Limited offer?

Shiven Yarn Private Limited offers a wide range of products and services, including Yarns & Threads, Yarn.

Who are the key members and board of directors at Shiven Yarn?

Executive Team (1)

NameDesignationAppointment DateStatus
Swati Malu Country flag representing In Company Secretary01-Apr-2019Current

Board Members (7)

NameDesignationAppointment DateStatus
Mittul Ruwala Country flag representing In Director 23-Feb-2016Current
Chirag Rao Country flag representing In Director 23-Feb-2016Current
Dharmesh Patel Country flag representing In Director 23-Feb-2016Current
Samir Patel Country flag representing In Director 04-Feb-2016Current
Ketanbhai Patel Country flag representing In Director 04-Feb-2016Current
Chiragkumar Patel Country flag representing In Director 23-Feb-2016Current

Financial Performance of Shiven Yarn.

Shiven Yarn Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 18.21% increase. The company also saw a substantial fall in profitability, with a 47.35% decrease in profit. The company's net worth Soared by an impressive increase of 17.43%.

Shiven Yarn revenue growth over time
Shiven Yarn 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
18.21%
Revenue from Operations
15.54%
Total Assets
31.94%
Profit or Loss
-47.35%
Net Worth
17.43%
EBITDA
-45.57%

What is the Ownership and Shareholding Structure of Shiven Yarn?

In 2023, Shiven Yarn 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

₹138.30 Cr

Satisfied Charges

₹125.88 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 103.32 Cr
  • Standard Chartered Bank : 34.98 Cr

Latest Charge Details

DateLenderAmountStatus
15 Nov 2022Standard Chartered Bank₹33.48 CrOpen
25 Oct 2022Axis Bank Limited₹2.50 CrOpen
27 Apr 2022Standard Chartered Bank₹1.50 CrOpen
07 Jan 2022Axis Bank Limited₹2.50 CrOpen
13 Sep 2021Axis Bank Limited₹49.16 CrOpen

How Many Employees Work at Shiven Yarn?

Shiven Yarn has a workforce of 1 employees as of Apr 06, 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 Shiven Yarn Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Shiven Yarn, 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 Shiven Yarn'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 Shiven Yarn

Recent activity within the organization

  • Charges

    A charge with Standard Chartered Bank of Rs. 1.50 Cr registered on 27 Apr 2022 with Charge ID 100567108 was modified on 13 Nov 2023.

  • Annual General Meeting

    Shiven Yarn Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Shiven Yarn Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

  • Charges

    A charge registered on 22 Feb 2021 via Charge ID 100421197 with Others was fully satisfied on 13 Feb 2023.

  • Charges

    A charge registered on 22 Feb 2021 via Charge ID 100441588 with Others was fully satisfied on 13 Feb 2023.

  • Charges

    A charge registered on 02 Jul 2018 via Charge ID 100196636 with Others was fully satisfied on 13 Feb 2023.

Frequently asked questions

  • What is the Incorporation or founding date of Shiven Yarn Private Limited?

    Shiven Yarn Private Limited was incorporated on 04 Feb 2016.

  • What is authorized share capital and paid-up capital of Shiven Yarn Private Limited?

    The authorized share capital of Shiven Yarn Private Limited is ₹ 12.50 Cr and paid-up capital is ₹ 12.50 Cr.

  • Who are the current board members & directors of Shiven Yarn Private Limited?

    Currently 8 directors are associated with Shiven Yarn Private Limited.

    • Dharmesh Patel
    • Samir Ganpatbhai Patel
    • Ketanbhai Babubhai Patel
    • Chiragkumar Ramanbhai Patel
    • Mittul Maheshchandra Ruwala
    • Chirag Rajendra Rao
    • Vinodkumar Mangaldas Patel
    • Swati Omprakash Malu

  • What is the registered address of Shiven Yarn Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Shiven Yarn Private Limited is Block No.179/A/1 Vill. Molvan Tal. Mangrol, Surat, Gujarat, India, 394110.

  • What is the corporate identification number (CIN) and company number of Shiven Yarn Private Limited?

    The corporate identification number (CIN) of Shiven Yarn Private Limited is U17120GJ2016PTC085948 and the company number is 085948 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Shiven Yarn Private Limited?

    The Official website of Shiven Yarn Private Limited is https://www.shivenyarn.com

  • What has been the recent revenue trend for Shiven Yarn Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Shiven Yarn Private Limited has risen by 18.21%.

  • How many employees does Shiven Yarn Private Limited currently have?

    As Per 2023 financial reports, 1 employees are currently employed by Shiven Yarn Private Limited.

  • What change has been observed in the net worth of Shiven Yarn Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Shiven Yarn Private Limited has experienced an upsurge of 17.43%.

  • What are the total open charges for Shiven Yarn Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Shiven Yarn Private Limited amount to ₹ 138.30 Cr.

  • When was the last Balance Sheet of Shiven Yarn Private Limited filed with the ROC?

    The most recent Balance Sheet for Shiven Yarn Private Limited was filed with the ROC on 31 Mar 2023.

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