Shraddha Synthetics Private Limited

Manufactures and exports knitted fabrics, garments, and scarves to various countries.

1997 | Mumbai, Maharashtra (India) | Active
Last Updated: October 23, 2024

Shraddha Synthetics Profile

Key Indicators

  • Authorised Capital ₹ 8.00 M
  • Paid Up Capital ₹ 7.05 M
  • Company Age 27 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 18.80 Cr
  • Satisfied Charges ₹ 6.00 M
  • Revenue Growth -0.36%
  • Profit Growth -93.66%
  • Ebitda -178.80%
  • Net Worth 0.47%
  • Total Assets -21.07%

About Shraddha Synthetics

Shraddha Synthetics Private Limited (SSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 24 June 1997 and has a history of 27 years and seven months. Its registered office is in Mumbai, Maharashtra, 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 2024. It's a company limited by shares with an authorized capital of Rs 8.00 M and a paid-up capital of Rs 7.05 M.

The company currently has active open charges totaling ₹18.80 Cr. The company has closed loans amounting to ₹6.00 M, as per Ministry of Corporate Affairs (MCA) records.

Sushil Beswala and Alok Beswala serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17110MH1997PTC108968

  • Company No.

    108968

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    24 Jun 1997

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Manufacturing

Who are the key members and board of directors at Shraddha Synthetics?

Board Members (2)

NameDesignationAppointment DateStatus
Sushil Beswala Country flag representing In Director 24-Jun-1997Current
Alok Beswala Country flag representing In Director 24-Jun-1997Current

Financial Performance of Shraddha Synthetics.

Shraddha Synthetics Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 0.36% decrease. The company also saw a substantial fall in profitability, with a 93.66% decrease in profit. The company's net worth moved up by a moderate rise of 0.47%.

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
-0.36%
Revenue from Operations
-9.47%
Total Assets
-21.07%
Profit or Loss
-93.66%
Net Worth
0.47%
EBITDA
-178.80%

What is the Ownership and Shareholding Structure of Shraddha Synthetics?

In 2023, Shraddha Synthetics had a promoter holding of 28.21% and a public holding of 71.79%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹188.00 M

Satisfied Charges

₹6.00 M

Charges Breakdown by Lending Institutions

  • Oriental Bank Of Commerce : 16.10 Cr
  • Oriental Bank Of Commerce Andheri Overseas Branch : 1.90 Cr
  • Others : 0.80 Cr

Latest Charge Details

DateLenderAmountStatus
29 Mar 2023Others₹8.00 MOpen
08 Jan 2007Oriental Bank Of Commerce₹16.10 CrOpen
21 Dec 2006Oriental Bank Of Commerce Andheri Overseas Branch₹1.90 CrOpen
22 Aug 2005Tamilnad Mercantile Bank Ltd.₹6.00 MSatisfied

How Many Employees Work at Shraddha Synthetics?

Shraddha Synthetics has a workforce of 5 employees as of Apr 09, 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 Shraddha Synthetics, 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 Shraddha Synthetics'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 Shraddha Synthetics

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

    Shraddha Synthetics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 8.00 M with Charge ID 100727045 was registered on 29 Mar 2023.

    29 Mar 2023

  • Charges

    A charge registered on 22 Aug 2005 via Charge ID 90351098 with Tamilnad Mercantile Bank Ltd. was fully satisfied on 19 Mar 2012.

    19 Mar 2012

  • Charges

    A charge with Oriental Bank Of Commerce of Rs. 161.00 M registered on 08 Jan 2007 with Charge ID 10038452 was modified on 23 Jan 2012.

    23 Jan 2012

  • Charges

    A charge with Oriental Bank Of Commerce amounted to Rs. 161.00 M with Charge ID 10038452 was registered on 08 Jan 2007.

    08 Jan 2007

Frequently asked questions

  • Shraddha Synthetics Private Limited was incorporated on 24 Jun 1997.

  • The authorized share capital of Shraddha Synthetics Private Limited is ₹ 8.00 M and paid-up capital is ₹ 7.05 M.

  • Currently 2 directors are associated with Shraddha Synthetics Private Limited.

    • Sushil Kumar Keshardeo Beswala
    • Alok Kumar Beswala
  • As per Ministry of Corporate Affairs (Mca), the registered address of Shraddha Synthetics Private Limited is 17A-B/120 Samhita Complexoff Andheri Kurla Road Saki Naka (E) India, Mumbai, Maharashtra, 400072.

  • The corporate identification number (CIN) of Shraddha Synthetics Private Limited is U17110MH1997PTC108968 and the company number is 108968 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Shraddha Synthetics Private Limited is https://www.shraddhaindia.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Shraddha Synthetics Private Limited has fallen by -0.36%.

  • As Per 2023 financial reports, 5 employees are currently employed by Shraddha Synthetics Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Shraddha Synthetics Private Limited has experienced an upsurge of 0.47%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Shraddha Synthetics Private Limited amount to ₹ 18.80 Cr.

  • The most recent Balance Sheet for Shraddha Synthetics Private Limited was filed with the ROC on 31 Mar 2024.