Shivtex Spinning Private Limited

Produces denim yarn ranging from 5s to 30s for domestic and global demand.

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

Shivtex Spinning Profile

Key Indicators

  • Authorised Capital ₹ 6.50 Cr
  • Paid Up Capital ₹ 6.10 Cr
  • Company Age 8 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 191.18 Cr
  • Revenue Growth -13.56%
  • Profit Growth 35.07%
  • Ebitda 14.03%
  • Net Worth 5.71%
  • Total Assets 8.38%

About Shivtex Spinning

Shivtex Spinning Private Limited (SSPL) is a Private Limited Indian Non-Government Company incorporated in India on 30 September 2016 (Eight years and seven months 19 days old ). Its registered office is in Ahmedabad, Gujarat.

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 2024. It's a company limited by shares with an authorized capital of Rs 6.50 Cr and a paid-up capital of Rs 6.10 Cr.

The company currently has active open charges totaling ₹191.18 Cr.

Sanjay Premchand, Dinesh Agrawal, Aman Agrawal, and Two other members serve as directors at the Company.

Company Details

  • Location Ahmedabad, Gujarat
  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U17309GJ2016PTC093930

  • Company No.

    093930

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    30 Sep 2016

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Manufacturing
Company report

Shivtex Spinning Private Limited

Explore comprehensive data for Shivtex Spinning Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Shivtex Spinning?

Board Members (5)

NameDesignationAppointment DateStatus
Abhishek Agrawal Country flag representing In Director 01-Sep-2018Current
Sanjay Premchand Country flag representing In Director 30-Sep-2016Current
Dinesh Agrawal Country flag representing In Director 18-Aug-2017Current
Aman Agrawal Country flag representing In Director 30-Sep-2016Current
Navin Saraogi Country flag representing In Director 30-Sep-2016Current

Financial Performance of Shivtex Spinning.

Shivtex Spinning Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 13.56% decrease. The company also saw a substantial improvement in profitability, with a 35.07% increase in profit. The company's net worth moved up by a moderate rise of 5.71%.

Shivtex Spinning revenue growth over time
Shivtex Spinning 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
-13.56%
Revenue from Operations
-13.56%
Total Assets
8.38%
Profit or Loss
35.07%
Net Worth
5.71%
EBITDA
14.03%

What is the Ownership and Shareholding Structure of Shivtex Spinning?

In 2021, Shivtex Spinning had a promoter holding of 79.54% and a public holding of 20.46%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹191.18 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • State Bank Of India : 191.18 Cr

Latest Charge Details

DateLenderAmountStatus
27 Dec 2019State Bank Of India₹95.59 CrOpen
29 Aug 2017State Bank Of India₹95.59 CrOpen

How Many Employees Work at Shivtex Spinning?

Shivtex Spinning has a workforce of 8 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.

Employee growth trends for Shivtex Spinning Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Shivtex Spinning, 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 Shivtex Spinning'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 Shivtex Spinning

Recent activity within the organization

  • Annual General Meeting

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

  • Balance Sheet

    Shivtex Spinning Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

  • Charges

    A charge with State Bank Of India of Rs. 95.59 Cr registered on 27 Dec 2019 with Charge ID 100319119 was modified on 21 Feb 2022.

  • Charges

    A charge with State Bank Of India of Rs. 95.59 Cr registered on 29 Aug 2017 with Charge ID 100129337 was modified on 21 Feb 2022.

  • Charges

    A charge with State Bank Of India amounted to Rs. 95.59 Cr with Charge ID 100319119 was registered on 27 Dec 2019.

  • Director Appointment

    Abhishek Rajesh Agrawal was appointed as a Director was appointed as a Director on 01 Sep 2018 & has been associated with this company since 6 years 8 months .

Frequently asked questions

  • What is the Incorporation or founding date of Shivtex Spinning Private Limited?

    Shivtex Spinning Private Limited was incorporated on 30 Sep 2016.

  • What is authorized share capital and paid-up capital of Shivtex Spinning Private Limited?

    The authorized share capital of Shivtex Spinning Private Limited is ₹ 6.50 Cr and paid-up capital is ₹ 6.10 Cr.

  • Who are the current board members & directors of Shivtex Spinning Private Limited?

    Currently 5 directors are associated with Shivtex Spinning Private Limited.

    • Sanjay Bindal Premchand
    • Dinesh Shivbhagwan Agrawal
    • Aman Dineshkumar Agrawal
    • Abhishek Rajesh Agrawal
    • Navin Saraogi

  • What is the registered address of Shivtex Spinning Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Shivtex Spinning Private Limited is Survey No.230/1 Saijpur Gopalpur Near Ranipur Gam, Narol Road India, Ahmedabad, Gujarat, 380025.

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

    The corporate identification number (CIN) of Shivtex Spinning Private Limited is U17309GJ2016PTC093930 and the company number is 093930 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Shivtex Spinning Private Limited?

    The Official website of Shivtex Spinning Private Limited is https://www.shivtex.co.in

  • What has been the recent revenue trend for Shivtex Spinning Private Limited?

    According to the financial reports for the fiscal year 2021, the revenue trend for Shivtex Spinning Private Limited has fallen by -13.56%.

  • How many employees does Shivtex Spinning Private Limited currently have?

    As Per 2021 financial reports, 8 employees are currently employed by Shivtex Spinning Private Limited.

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

    The financial reports for the fiscal year 2021 indicates that The net worth of Shivtex Spinning Private Limited has experienced an upsurge of 5.71%.

  • What are the total open charges for Shivtex Spinning Private Limited?

    As per the financial statements for fiscal Year 2021, The total open charges for Shivtex Spinning Private Limited amount to ₹ 191.18 Cr.

  • When was the last Balance Sheet of Shivtex Spinning Private Limited filed with the ROC?

    The most recent Balance Sheet for Shivtex Spinning Private Limited was filed with the ROC on 31 Mar 2024.

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