Shrenik Limited

Founded in 2012 and headquartered in Gujarat, India.

2012 | Ahmedabad, Gujarat (India) | Active
Last Updated: July 02, 2024

Shrenik Profile

Key Indicators

  • Authorised Capital ₹ 65.00 Cr
  • Paid Up Capital ₹ 61.20 Cr
  • Company Age 12 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 224.04 Cr
  • Satisfied Charges ₹ 131.08 Cr
  • Revenue Growth 109.39%
  • Profit Growth 101.59%
  • Ebitda -2322.43%
  • Net Worth 0.39%
  • Total Assets -26.56%

About Shrenik

Shrenik Limited (SL) is a leading Public Limited Indian Non-Government Company incorporated in India on 20 December 2012 and has a history of 12 years and two months. Its registered office is in Ahmedabad, Gujarat, India.

It is listed on the National Stock Exchange(NSE) under the ticker symbol SHRENIK.

The Corporate was formerly known as Shrenik Private Limited. The Company is engaged in the Trading 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 65.00 Cr and a paid-up capital of Rs 61.20 Cr.

The company currently has active open charges totaling ₹224.04 Cr. The company has closed loans amounting to ₹131.08 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Shrenik Limited India are Virendra Surti as CFO and Dipen Dalal as Company Secretary. Rishit Vimawala, Shrenik Vimawala, Kaivan Vimawala, and Three other members serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    shrenik.co.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    L51396GJ2012PLC073061

  • Company No.

    073061

  • Stock Symbol

    NSE : SHRENIK

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    20 Dec 2012

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Ahmedabad

Industry

Trading

Who are the key members and board of directors at Shrenik?

Executive Team (3)

NameDesignationAppointment DateStatus
Shrenik Vimawala Country flag representing In Managing Director20-Dec-2012Current
Virendra Surti Country flag representing In CFO11-Apr-2017Current
Dipen Dalal Country flag representing In Company Secretary03-Apr-2023Current

Board Members (5)

NameDesignationAppointment DateStatus
Rishit Vimawala Country flag representing In Whole-Time Director 20-Dec-2012Current
Kaivan Vimawala Country flag representing In Whole-Time Director 12-Feb-2021Current
Devarsh Shah Country flag representing In Director 11-Apr-2017Current
Jalpika Joshi Country flag representing In Director 31-May-2021Current
Nirav Zaveri Country flag representing In Additional Director 08-Apr-2024Current

Financial Performance of Shrenik.

Shrenik Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 109.39% increase. The company also saw a substantial improvement in profitability, with a 101.59% increase in profit. The company's net worth moved up by a moderate rise of 0.39%.

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
109.39%
Revenue from Operations
-23.91%
Total Assets
-26.56%
Profit or Loss
101.59%
Net Worth
0.39%
EBITDA
-2322.43%

What is the Ownership and Shareholding Structure of Shrenik?

In 2021, Shrenik had a promoter holding of 63.39% and a public holding of 36.60%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹224.04 Cr

Satisfied Charges

₹131.08 Cr

Charges Breakdown by Lending Institutions

  • Others : 213.50 Cr
  • Tata Capital Financial Services Limited : 10.00 Cr
  • Hdfc Bank Limited : 0.54 Cr

Latest Charge Details

DateLenderAmountStatus
14 Jun 2019Hdfc Bank Limited₹5.37 MOpen
29 May 2019Others₹10.00 CrOpen
24 Oct 2018Tata Capital Financial Services Limited₹10.00 CrOpen
22 Oct 2018Others₹101.75 CrOpen
22 Oct 2018Others₹101.75 CrOpen

How Many Employees Work at Shrenik?

Shrenik has a workforce of 1 employees as of Apr 07, 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 Shrenik, 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 Shrenik'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 Shrenik

Recent activity within the organization

  • Director Appointment

    Nirav Harshvadan Zaveri was appointed as a Additional Director was appointed as a Additional Director on 08 Apr 2024 & has been associated with this company since 10 months 16 days .

    08 Apr 2024

  • Annual General Meeting

    Shrenik Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Shrenik Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Charges

    A charge registered on 30 Jan 2019 via Charge ID 100240774 with Axis Bank Limited was fully satisfied on 19 Nov 2021.

    19 Nov 2021

  • Director Appointment

    Kaivan Shrenik Vimawala was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 12 Feb 2021 & has been associated with this company since 4 years 10 days .

    12 Feb 2021

  • Charges

    A charge registered on 01 Oct 2019 via Charge ID 100309739 with Hdfc Bank Limited was fully satisfied on 01 Feb 2021.

    01 Feb 2021

Frequently asked questions

  • Shrenik Limited was incorporated on 20 Dec 2012.

  • The authorized share capital of Shrenik Limited is ₹ 65.00 Cr and paid-up capital is ₹ 61.20 Cr.

  • Currently 8 directors are associated with Shrenik Limited.

    • Rishit Shrenik Vimawala
    • Shrenik Sudhir Vimawala
    • Kaivan Shrenik Vimawala
    • Devarsh Muktesh Shah
    • Jalpika Dhruvkumar Joshi
    • Nirav Harshvadan Zaveri
    • Virendra Vasantlal Surti
    • Dipen Dalal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Shrenik Limited is 505-508 Ten/11, Beside Mardia Plaza C.G. Road, Ahmedabad, Gujarat, India, 380009.

  • The corporate identification number (CIN) of Shrenik Limited is L51396GJ2012PLC073061 and the company number is 073061 as per Ministry of Corporate Affairs (MCA).

  • Yes, Shrenik Limited is registered on National Stock Exchange (NSE).

  • The Official website of Shrenik Limited is https://www.shrenik.co.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Shrenik Limited has risen by 109.39%.

  • As Per 2023 financial reports, 1 employees are currently employed by Shrenik Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Shrenik Limited has experienced an upsurge of 0.39%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Shrenik Limited amount to ₹ 224.04 Cr.

  • The most recent Balance Sheet for Shrenik Limited was filed with the ROC on 31 Mar 2023.

People also Viewed

Similar Companies Based on Wholesale