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
Last Updated: November 17, 2024

Shree Sainath Textiles Profile

Key Indicators

  • Authorised Capital ₹ 9.00 Cr
  • Paid Up Capital ₹ 3.01 Cr
  • Company Age 20 Year, 14 Days
  • 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. 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)

NameDesignationAppointment DateStatus
Sayaji Jadhao Country flag representing In Managing Director29-Nov-2021Current

Board Members (1)

NameDesignationAppointment DateStatus
Pradip Wankhede Country flag representing In Director 26-Feb-2024Current

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%.

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
-52.88%
Revenue from Operations
-53.50%
Total Assets
6.25%
Profit or Loss
9.68%
Net Worth
-30.81%
EBITDA
55.86%

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.

Shareholding Indicator graph

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

DateLenderAmountStatus
03 Nov 2021Sbicap Trustee Company Limited₹164.50 CrOpen
28 Dec 2015Abhyudaya Co-Operative Bank Limited₹13.20 CrOpen
20 Oct 2015Abhyudaya Co-Operative Bank Limited₹7.00 CrOpen
22 Jun 2015Others₹19.20 CrOpen
20 Oct 2015Abhyudaya Co-Operative Bank Limited₹3.20 CrSatisfied

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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

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 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 11 months 29 days .

    26 Feb 2024

  • 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.

    30 Sep 2023

  • Balance Sheet

    Shree Sainath Textiles Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • 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.

    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 2 months .

    29 Nov 2021

  • Charges

    A charge with Sbicap Trustee Company Limited amounted to Rs. 164.50 Cr with Charge ID 100498504 was registered on 03 Nov 2021.

    03 Nov 2021

Frequently asked questions

  • Shree Sainath Textiles Private Limited was incorporated on 09 Feb 2005.

  • The authorized share capital of Shree Sainath Textiles Private Limited is ₹ 9.00 Cr and paid-up capital is ₹ 3.01 Cr.

  • Currently 2 directors are associated with Shree Sainath Textiles Private Limited.

    • Sayaji Vishwanath Jadhao
    • Pradip Gangadhar Wankhede
  • 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.

  • 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).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Shree Sainath Textiles Private Limited has fallen by -52.88%.

  • As Per 2023 financial reports, 13 employees are currently employed by Shree Sainath Textiles Private Limited.

  • 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%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Shree Sainath Textiles Private Limited amount to ₹ 203.90 Cr.

  • The most recent Balance Sheet for Shree Sainath Textiles Private Limited was filed with the ROC on 31 Mar 2023.

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