Shree Hari Spintex Profile
Key Indicators
- Authorised Capital ₹ 7.00 Cr
- Paid Up Capital ₹ 5.53 Cr
- Company Age 17 Year, 10 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 45.23 Cr
- Satisfied Charges ₹ 10.00 Cr
- Revenue Growth -20.06%
- Profit Growth -89.44%
- Ebitda -46.85%
- Net Worth 1.11%
- Total Assets -32.06%
About Shree Hari Spintex
Shree Hari Spintex Limited (SHSL) is a leading Public Limited Indian Non-Government Company incorporated in India on 26 April 2007 and has a history of 17 years and ten months. Its registered office is in Maur, Punjab, 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 7.00 Cr and a paid-up capital of Rs 5.53 Cr.
The company currently has active open charges totaling ₹45.23 Cr. The company has closed loans amounting to ₹10.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
Vivek Verma, Deepak Kumar, Sat Pal, and Four other members serve as directors at the Company.
Company Details
- Location
Maur, Punjab, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U17200PB2007PLC031089
- Company No.
031089
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
26 Apr 2007
- Date of AGM
28 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Chandigarh
Industry
Who are the key members and board of directors at Shree Hari Spintex?
Board Members (7)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Vivek Verma  | Director | 27-Jan-2023 | Current |
| Deepak Kumar | Director | 26-Apr-2007 | Current |
| Sat Pal | Director | 26-Apr-2007 | Current |
| Sushil Kumar | Director | 06-Sep-2019 | Current |
| Ishaan Verma | Director | 27-Jan-2023 | Current |
| Sidhanshu Garg | Director | 06-Sep-2019 | Current |
Financial Performance of Shree Hari Spintex.
Shree Hari Spintex Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 20.06% decrease. The company also saw a substantial fall in profitability, with a 89.44% decrease in profit. The company's net worth moved up by a moderate rise of 1.11%.
- Key Matrics
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What is the Ownership and Shareholding Structure of Shree Hari Spintex?
In 2023, Shree Hari Spintex had a promoter holding of 10.85% and a public holding of 89.15%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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Vivek Verma is a mutual person
- Square Textile Ventures Private Limited
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- Square Textile Enterprises Private Limited
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- Square Yarns Private Limited
Vivek Verma and Ishaan Verma are mutual person
Charges (Loans)
₹45.23 Cr
₹10.00 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 45.14 Cr
- State Bank Of India : 0.10 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 26 Oct 2023 | Hdfc Bank Limited | ₹10.00 Cr | Open |
| 22 May 2017 | Hdfc Bank Limited | ₹35.14 Cr | Open |
| 19 Sep 2007 | State Bank Of India | ₹1.00 M | Open |
| 24 Jan 2019 | State Bank Of India | ₹5.00 Cr | Satisfied |
| 11 Apr 2018 | Others | ₹5.00 Cr | Satisfied |
How Many Employees Work at Shree Hari Spintex?
Shree Hari Spintex has a workforce of 19 employees as of Apr 04, 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 Shree Hari Spintex, 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 Shree Hari Spintex'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.
