Shreekar Polyster Private Limited

Manufacturer of polyester yarns and fabrics, including semi-dull and batch-dyed options.

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

Shreekar Polyster Profile

Key Indicators

  • Authorised Capital ₹ 2.50 Cr
  • Paid Up Capital ₹ 5.51 M
  • Company Age 27 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 13.01 Cr
  • Satisfied Charges ₹ 42.91 Cr
  • Revenue Growth 4.23%
  • Profit Growth 14.68%
  • Ebitda -62.72%
  • Net Worth 6.40%
  • Total Assets -13.91%

About Shreekar Polyster

Shreekar Polyster Private Limited (SPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 24 February 1997 and has a history of 27 years and 11 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 2.50 Cr and a paid-up capital of Rs 5.51 M.

The company currently has active open charges totaling ₹13.01 Cr. The company has closed loans amounting to ₹42.91 Cr, as per Ministry of Corporate Affairs (MCA) records.

Paras Sanghvi, Tarunkumar Sanghvi, Kushal Sanghvi, and Two other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17110MH1997PTC106123

  • Company No.

    106123

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    24 Feb 1997

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Manufacturing

What products or services does Shreekar Polyster Private Limited offer?

Shreekar Polyster Private Limited offers a wide range of products and services, including Yarns & Threads, Polyester Yarn, Yarn, Dyed Yarn, Filament Yarn, Dyed Polyester Textured Yarn, Fabric, Textured Yarn, Polyester Textured Yarn.

Who are the key members and board of directors at Shreekar Polyster?

Executive Team (1)

Name Designation Appointment Date Status
Paras Sanghvi Country flag representing In Managing Director 14-Oct-2002 Current

Board Members (4)

Name Designation Appointment Date Status
Kushal Sanghvi Country flag representing In Whole-Time Director 01-Dec-2004 Current
Tarunkumar Sanghvi Country flag representing In Whole-Time Director 27-Aug-2005 Current
Bhavik Sanghvi Country flag representing In Whole-Time Director 01-Apr-2004 Current
Kashish Sanghvi Country flag representing In Director 11-Jun-2012 Current

Financial Performance of Shreekar Polyster.

Shreekar Polyster Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 4.23% increase. The company also saw a substantial improvement in profitability, with a 14.68% increase in profit. The company's net worth moved up by a moderate rise of 6.4%.

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
4.23%
Revenue from Operations
4.80%
Total Assets
-13.91%
Profit or Loss
14.68%
Net Worth
6.40%
EBITDA
-62.72%

What is the Ownership and Shareholding Structure of Shreekar Polyster?

In 2023, Shreekar Polyster 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

₹13.01 Cr

Satisfied Charges

₹42.91 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 13.01 Cr

Latest Charge Details

Date Lender Amount Status
18 Sep 2021 Axis Bank Limited ₹13.01 Cr Open
31 Aug 2020 Abhyudaya Co-Operative Bank Limited ₹8.25 M Satisfied
18 Aug 2018 Abhyudaya Co-Operative Bank Limited ₹3.72 M Satisfied
29 May 2017 Abhyudaya Co-Operative Bank Limited ₹1.79 Cr Satisfied
29 May 2017 Abhyudaya Co-Operative Bank Limited ₹6.00 Cr Satisfied

How Many Employees Work at Shreekar Polyster?

Unlock and access historical data on people associated with Shreekar Polyster, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Shreekar Polyster, 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 Shreekar Polyster'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 Shreekar Polyster

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

    Shreekar Polyster 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 Axis Bank Limited of Rs. 13.01 Cr registered on 18 Sep 2021 with Charge ID 100519119 was modified on 04 Feb 2022.

    04 Feb 2022

  • Charges

    A charge registered on 29 May 2017 via Charge ID 100103992 with Abhyudaya Co-Operative Bank Limited was fully satisfied on 20 Sep 2021.

    20 Sep 2021

  • Charges

    A charge registered on 29 Sep 2006 via Charge ID 10118083 with Abhyudaya Co-Op. Bank Ltd. was fully satisfied on 20 Sep 2021.

    20 Sep 2021

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 13.01 Cr with Charge ID 100519119 was registered on 18 Sep 2021.

    18 Sep 2021

Frequently asked questions

  • Shreekar Polyster Private Limited was incorporated on 24 Feb 1997.

  • The authorized share capital of Shreekar Polyster Private Limited is ₹ 2.50 Cr and paid-up capital is ₹ 5.51 M.

  • Currently 5 directors are associated with Shreekar Polyster Private Limited.

    • Paras Pukhraj Sanghvi
    • Tarunkumar Pukhraj Sanghvi
    • Kushal Tarunkumar Sanghvi
    • Bhavik Ashok Sanghvi
    • Kashish Bharat Sanghvi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Shreekar Polyster Private Limited is 16 Bandrawala Building R. No. 12 1St Floor Dadi Seth Agiary Lane, Kalbad Evi India, Mumbai, Maharashtra, 400002.

  • The corporate identification number (CIN) of Shreekar Polyster Private Limited is U17110MH1997PTC106123 and the company number is 106123 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Shreekar Polyster Private Limited is https://www.shreekarpolyster.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Shreekar Polyster Private Limited has risen by 4.23%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Shreekar Polyster Private Limited has experienced an upsurge of 6.40%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Shreekar Polyster Private Limited amount to ₹ 13.01 Cr.

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

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