Shiven Yarn Profile
Key Indicators
- Authorised Capital ₹ 12.50 Cr
- Paid Up Capital ₹ 12.50 Cr
- Company Age 8 Year, 11 Months
- 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 (Eight years and 11 months 29 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.
Company Details
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Location
Surat, Gujarat, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U17120GJ2016PTC085948
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Company No.
085948
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
04 Feb 2016
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Ahmedabad
Industry
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)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Swati Malu
|
Company Secretary | 01-Apr-2019 | Current |
Board Members (7)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Mittul Ruwala
|
Director | 23-Feb-2016 | Current |
|
Chirag Rao
|
Director | 23-Feb-2016 | Current |
|
Dharmesh Patel
|
Director | 23-Feb-2016 | Current |
|
Samir Patel
|
Director | 04-Feb-2016 | Current |
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Ketanbhai Patel
|
Director | 04-Feb-2016 | Current |
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Chiragkumar Patel
|
Director | 23-Feb-2016 | Current |
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%.
- Key Matrics
- Balance Sheet
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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.
Related Corporates (Common Directorship)
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Eagle Silk Mills Private LimitedDharmesh Patel is a mutual person
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Surat Viscose Weavers AssociationDharmesh Patel is a mutual person
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Grp Weaves Private Limited
Samir Patel and Ketanbhai Patel are mutual person
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Knitters Association Of Western India
Samir Patel is a mutual person
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N D Ruwala Llp
Mittul Ruwala is a mutual person
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Krome Weaves Llp
Chirag Rao and Vinodkumar Patel are mutual person
Charges (Loans)
₹138.30 Cr
₹125.88 Cr
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 103.32 Cr
- Standard Chartered Bank : 34.98 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 15 Nov 2022 | Standard Chartered Bank | ₹33.48 Cr | Open |
| 25 Oct 2022 | Axis Bank Limited | ₹2.50 Cr | Open |
| 27 Apr 2022 | Standard Chartered Bank | ₹1.50 Cr | Open |
| 07 Jan 2022 | Axis Bank Limited | ₹2.50 Cr | Open |
| 13 Sep 2021 | Axis Bank Limited | ₹49.16 Cr | Open |
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.
Deals i
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
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.
