Shorewala Global Industries Private Limited

Manufacturer and exporter of towels, textiles, and garments with registered office in Delhi.

2002 | Delhi (India) | Active
Last Updated: January 03, 2025

Shorewala Global Industries Profile

Key Indicators

  • Authorised Capital ₹ 9.50 Cr
  • Paid Up Capital ₹ 9.50 Cr
  • Company Age 23 Year, 8 Days
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 304.85 Cr
  • Revenue Growth -91.53%
  • Profit Growth -120.40%
  • Ebitda 39.12%
  • Net Worth -12.05%
  • Total Assets -14.28%

About Shorewala Global Industries

Shorewala Global Industries Private Limited (SGIPL) is a Private Limited Indian Non-Government Company incorporated in India on 24 January 2002 and has a history of 23 years. Its registered office is in Delhi, India.

The Corporate was formerly known as Terry Plus India Private 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 2024. It's a company limited by shares with an authorized capital of Rs 9.50 Cr and a paid-up capital of Rs 9.50 Cr.

The company has closed loans amounting to ₹304.85 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Alok Shorewala, Anil Shorewala, and Atul Shorewala serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U18101DL2002PTC113962

  • Company No.

    113962

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    24 Jan 2002

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Manufacturing

Who are the key members and board of directors at Shorewala Global Industries?

Board Members (3)

Name Designation Appointment Date Status
Alok Shorewala Country flag representing In Director 24-Jan-2002 Current
Anil Shorewala Country flag representing In Director 24-Jan-2002 Current
Atul Shorewala Country flag representing In Director 24-Jan-2002 Current

Financial Performance of Shorewala Global Industries.

Shorewala Global Industries Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 91.53% decrease. The company also saw a substantial fall in profitability, with a 120.4% decrease in profit. The company's net worth observed a substantial decline by a decrease of 12.05%.

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
-91.53%
Revenue from Operations
-92.66%
Total Assets
-14.28%
Profit or Loss
-120.40%
Net Worth
-12.05%
EBITDA
39.12%

What is the Ownership and Shareholding Structure of Shorewala Global Industries?

In 2021, Shorewala Global Industries 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

₹0

Satisfied Charges

₹304.85 Cr

Charges Breakdown by Lending Institutions

  • Bank Of India : 173.33 Cr
  • Bank Of India (Lead Bank) : 111.28 Cr
  • Corporation Bank Overseas Branch : 18.07 Cr
  • Corporation Bank : 1.27 Cr
  • Others : 0.90 Cr

Latest Charge Details

Date Lender Amount Status
05 Nov 2016 Others ₹9.00 M Satisfied
23 Feb 2011 Bank Of India (Lead Bank) ₹63.95 Cr Satisfied
12 Feb 2011 Bank Of India (Lead Bank) ₹47.33 Cr Satisfied
12 Feb 2011 Bank Of India ₹16.78 Cr Satisfied
14 Dec 2009 Bank Of India ₹16.75 Cr Satisfied

How Many Employees Work at Shorewala Global Industries?

Shorewala Global Industries has a workforce of 125 employees as of Apr 03, 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 Shorewala Global Industries, 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 Shorewala Global Industries'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 Shorewala Global Industries

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

    Shorewala Global Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.

    31 Mar 2024

  • Charges

    A charge registered on 14 Dec 2009 via Charge ID 10195454 with Bank Of India was fully satisfied on 17 Sep 2022.

    17 Sep 2022

  • Charges

    A charge registered on 27 Dec 2008 via Charge ID 10141845 with Corporation Bank was fully satisfied on 17 Sep 2022.

    17 Sep 2022

  • Charges

    A charge registered on 10 Dec 2005 via Charge ID 80053479 with Corporation Bank Overseas Branch was fully satisfied on 17 Sep 2022.

    17 Sep 2022

  • Charges

    A charge registered on 05 Nov 2016 via Charge ID 100068539 with Others was fully satisfied on 05 Apr 2021.

    05 Apr 2021

Frequently asked questions

  • Shorewala Global Industries Private Limited was incorporated on 24 Jan 2002.

  • The authorized share capital of Shorewala Global Industries Private Limited is ₹ 9.50 Cr and paid-up capital is ₹ 9.50 Cr.

  • Currently 3 directors are associated with Shorewala Global Industries Private Limited.

    • Alok Kumar Shorewala
    • Anil Kumar Shorewala
    • Atul Kumar Shorewala
  • As per Ministry of Corporate Affairs (Mca), the registered address of Shorewala Global Industries Private Limited is 9 Lancers Road, B.D.Estate India, Timarpur, Delhi, 110054.

  • The corporate identification number (CIN) of Shorewala Global Industries Private Limited is U18101DL2002PTC113962 and the company number is 113962 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Shorewala Global Industries Private Limited is https://www.shorewalagroup.com

  • According to the financial reports for the fiscal year 2021, the revenue trend for Shorewala Global Industries Private Limited has fallen by -91.53%.

  • As Per 2021 financial reports, 125 employees are currently employed by Shorewala Global Industries Private Limited.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Shorewala Global Industries Private Limited has experienced an downturn of -12.05%.

  • The most recent Balance Sheet for Shorewala Global Industries Private Limited was filed with the ROC on 31 Mar 2024.

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