Shree Sainath Textiles Private Limited
This company manufactures and processes cotton into various textile goods, including yarn, fabrics, and hosiery.
2005 | Nagpur, Maharashtra (India) | Active
Shree Sainath Textiles Profile
Key Indicators
- Authorised Capital ₹ 9.00 Cr
- Paid Up Capital ₹ 3.01 Cr
- Company Age 20 Year, 1 Month
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 203.90 Cr
- Satisfied Charges ₹ 33.00 Cr
- Revenue Growth -52.88%
- Profit Growth 9.68%
- Ebitda 55.86%
- Net Worth -30.81%
- Total Assets 6.25%
About Shree Sainath Textiles
Shree Sainath Textiles Private Limited (SSTPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 09 February 2005 and has a history of 20 years and one month. Its registered office is in Nagpur, Maharashtra, India.
The Corporate was formerly known as Shree Sainath Medicals 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 2023. It's a company limited by shares with an authorized capital of Rs 9.00 Cr and a paid-up capital of Rs 3.01 Cr.
The company currently has active open charges totaling ₹203.90 Cr. The company has closed loans amounting to ₹33.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
Sayaji Jadhao and Pradip Wankhede serve as directors at the Company.
Company Details
- Location
Nagpur, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U24230MH2005PTC151137
- Company No.
151137
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
09 Feb 2005
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Manufacturing
Who are the key members and board of directors at Shree Sainath Textiles?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sayaji Jadhao  | Managing Director | 29-Nov-2021 | Current |
Board Members (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Pradip Wankhede | Director | 26-Feb-2024 | Current |
Financial Performance of Shree Sainath Textiles.
Shree Sainath Textiles Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 52.88% decrease. The company also saw a slight improvement in profitability, with a 9.68% increase in profit. The company's net worth observed a substantial decline by a decrease of 30.81%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Shree Sainath Textiles?
In 2023, Shree Sainath Textiles had a promoter holding of 18.29% and a public holding of 81.71%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
- Meghes Agro Research Private Limited
Sayaji Jadhao is a mutual person
- Seastone Property Private Limited
Sayaji Jadhao and Pradip Wankhede are mutual person
- Treble Trading And Investment Company Private Limited
Sayaji Jadhao and Pradip Wankhede are mutual person
- Rrn Equipments Private Limited
Pradip Wankhede is a mutual person
- Legion Educational Services Private Limited
Pradip Wankhede is a mutual person
Charges (Loans)
Open Charges
₹203.90 Cr
Satisfied Charges
₹33.00 Cr
Charges Breakdown by Lending Institutions
- Sbicap Trustee Company Limited : 164.50 Cr
- Abhyudaya Co-Operative Bank Limited : 20.20 Cr
- Others : 19.20 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 03 Nov 2021 | Sbicap Trustee Company Limited | ₹164.50 Cr | Open |
| 28 Dec 2015 | Abhyudaya Co-Operative Bank Limited | ₹13.20 Cr | Open |
| 20 Oct 2015 | Abhyudaya Co-Operative Bank Limited | ₹7.00 Cr | Open |
| 22 Jun 2015 | Others | ₹19.20 Cr | Open |
| 20 Oct 2015 | Abhyudaya Co-Operative Bank Limited | ₹3.20 Cr | Satisfied |
How Many Employees Work at Shree Sainath Textiles?
Shree Sainath Textiles has a workforce of 13 employees as of Apr 02, 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 Sainath Textiles, 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 Sainath Textiles'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.
Latest Updates, News, and FAQs on Shree Sainath Textiles
Recent activity within the organization
- Director Appointment
Pradip Gangadhar Wankhede was appointed as a Director was appointed as a Director on 26 Feb 2024 & has been associated with this company since 1 year 1 month .
- Annual General Meeting
Shree Sainath Textiles Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Balance Sheet
Shree Sainath Textiles Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.
- Charges
A charge registered on 20 Oct 2015 via Charge ID 10604870 with Abhyudaya Co-Operative Bank Limited was fully satisfied on 23 Feb 2023.
- Director Appointment
Sayaji Vishwanath Jadhao was appointed as a Managing Director was appointed as a Managing Director on 29 Nov 2021 & has been associated with this company since 3 years 4 months .
- Charges
A charge with Sbicap Trustee Company Limited amounted to Rs. 164.50 Cr with Charge ID 100498504 was registered on 03 Nov 2021.
Frequently asked questions
What is the Incorporation or founding date of Shree Sainath Textiles Private Limited?
Shree Sainath Textiles Private Limited was incorporated on 09 Feb 2005.
What is authorized share capital and paid-up capital of Shree Sainath Textiles Private Limited?
The authorized share capital of Shree Sainath Textiles Private Limited is ₹ 9.00 Cr and paid-up capital is ₹ 3.01 Cr.
Who are the current board members & directors of Shree Sainath Textiles Private Limited?
Currently 2 directors are associated with Shree Sainath Textiles Private Limited.
- Sayaji Vishwanath Jadhao
- Pradip Gangadhar Wankhede
What is the registered address of Shree Sainath Textiles Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Shree Sainath Textiles Private Limited is Plot No.144 Block No. 10 2Nd Floor Pandey Layout, Khamla India, Nagpur, Maharashtra, 440025.
What is the corporate identification number (CIN) and company number of Shree Sainath Textiles Private Limited?
The corporate identification number (CIN) of Shree Sainath Textiles Private Limited is U24230MH2005PTC151137 and the company number is 151137 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Shree Sainath Textiles Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Shree Sainath Textiles Private Limited has fallen by -52.88%.
How many employees does Shree Sainath Textiles Private Limited currently have?
As Per 2023 financial reports, 13 employees are currently employed by Shree Sainath Textiles Private Limited.
What change has been observed in the net worth of Shree Sainath Textiles Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Shree Sainath Textiles Private Limited has experienced an downturn of -30.81%.
What are the total open charges for Shree Sainath Textiles Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Shree Sainath Textiles Private Limited amount to ₹ 203.90 Cr.
When was the last Balance Sheet of Shree Sainath Textiles Private Limited filed with the ROC?
The most recent Balance Sheet for Shree Sainath Textiles Private Limited was filed with the ROC on 31 Mar 2023.
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