Shree Niketan Apparels Limited

Textile trading company with focus on fabrics and clothing, established in 1997 in Varanasi.

1997 | Varanasi, Uttar Pradesh (India) | Active
Last Updated: December 27, 2024

Shree Niketan Apparels Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 3.11 M
  • Company Age 27 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.10 Cr
  • Satisfied Charges ₹ 2.00 Cr
  • Revenue Growth 501.95%
  • Profit Growth 179.43%
  • Ebitda 1955.71%
  • Net Worth 7.79%
  • Total Assets 35.47%

About Shree Niketan Apparels

Shree Niketan Apparels Limited (SNAL) is a Public Limited Indian Non-Government Company incorporated in India on 20 March 1997 and has a history of 27 years and ten months. Its registered office is in Varanasi, Uttar Pradesh, India.

The Corporate was formerly known as Shri Niketan Credits (India) Limited. The Company is engaged in the Home & Lifestyle 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 5.00 M and a paid-up capital of Rs 3.11 M.

The company currently has active open charges totaling ₹1.10 Cr. The company has closed loans amounting to ₹2.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Arvind Goel, Praveen Goel, Rakesh Goel, and Five other members serve as directors at the Company.

Company Details

  • Location

    Varanasi, Uttar Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U65910UP1997PLC021609

  • Company No.

    021609

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    20 Mar 1997

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kanpur

Industry

Home & Lifestyle

Who are the key members and board of directors at Shree Niketan Apparels?

Executive Team (1)

Name Designation Appointment Date Status
Praveen Goel Country flag representing In Managing Director 20-Mar-1997 Current

Board Members (7)

Name Designation Appointment Date Status
Arvind Goel Country flag representing In Director 15-Feb-1999 Current
Rakesh Goel Country flag representing In Director 25-Apr-2014 Current
Karan Kejriwal Country flag representing In Director 20-May-2014 Current
Akansha Goel Country flag representing In Director 20-Jan-2017 Current
Madalsa Goel Country flag representing In Director 20-Jan-2017 Current
Padma Goel Country flag representing In Director 20-Jan-2017 Current

Financial Performance of Shree Niketan Apparels.

Shree Niketan Apparels Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 501.95% increase. The company also saw a substantial improvement in profitability, with a 179.43% increase in profit. The company's net worth moved up by a moderate rise of 7.79%.

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
501.95%
Revenue from Operations
504.02%
Total Assets
35.47%
Profit or Loss
179.43%
Net Worth
7.79%
EBITDA
1955.71%

What is the Ownership and Shareholding Structure of Shree Niketan Apparels?

In 2022, Shree Niketan Apparels 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

₹10.97 M

Satisfied Charges

₹20.00 M

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 0.96 Cr
  • Others : 0.14 Cr

Latest Charge Details

Date Lender Amount Status
22 Jun 2023 Hdfc Bank Limited ₹9.60 M Open
30 Apr 2022 Others ₹1.37 M Open
01 Oct 2015 Union Bank Of India ₹2.00 Cr Satisfied

How Many Employees Work at Shree Niketan Apparels?

Shree Niketan Apparels has a workforce of 23 employees as of Mar 30, 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 Shree Niketan Apparels, 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 Niketan Apparels'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 Shree Niketan Apparels

Recent activity within the organization

  • Annual General Meeting

    Shree Niketan Apparels Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Shree Niketan Apparels Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kanpur.

    31 Mar 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 9.60 M with Charge ID 100752665 was registered on 22 Jun 2023.

    22 Jun 2023

  • Charges

    A charge with Others amounted to Rs. 1.37 M with Charge ID 100570067 was registered on 30 Apr 2022.

    30 Apr 2022

  • Charges

    A charge registered on 01 Oct 2015 via Charge ID 10598565 with Union Bank Of India was fully satisfied on 20 Jul 2019.

    20 Jul 2019

  • Director Appointment

    Akansha Goel was appointed as a Director was appointed as a Director on 20 Jan 2017 & has been associated with this company since 8 years 11 days .

    20 Jan 2017

Frequently asked questions

  • Shree Niketan Apparels Limited was incorporated on 20 Mar 1997.

  • The authorized share capital of Shree Niketan Apparels Limited is ₹ 5.00 M and paid-up capital is ₹ 3.11 M.

  • Currently 8 directors are associated with Shree Niketan Apparels Limited.

    • Arvind Goel
    • Praveen Kumar Goel
    • Rakesh Kumar Goel
    • Karan Kejriwal
    • Akansha Goel
    • Madalsa Goel
    • Padma Goel
    • Ankit Goel
  • As per Ministry of Corporate Affairs (Mca), the registered address of Shree Niketan Apparels Limited is Plot No. B 25 Phase-2 Ramnagar, Industrial Area India, Chandauli, Uttar Pradesh, 232101.

  • The corporate identification number (CIN) of Shree Niketan Apparels Limited is U65910UP1997PLC021609 and the company number is 021609 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for Shree Niketan Apparels Limited has risen by 501.95%.

  • As Per 2022 financial reports, 23 employees are currently employed by Shree Niketan Apparels Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Shree Niketan Apparels Limited has experienced an upsurge of 7.79%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Shree Niketan Apparels Limited amount to ₹ 1.10 Cr.

  • The most recent Balance Sheet for Shree Niketan Apparels Limited was filed with the ROC on 31 Mar 2024.

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