Shubhlaxmi Polytex Limited

Manufactures and trades texturized yarns, involved in spinning, weaving, and finishing of textiles.

1991 | Surat, Gujarat (India) | Active
Last Updated: June 30, 2024

Shubhlaxmi Polytex Profile

Key Indicators

  • Authorised Capital ₹ 30.70 Cr
  • Paid Up Capital ₹ 15.98 Cr
  • Company Age 33 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 262.97 Cr
  • Revenue Growth 27.47%
  • Profit Growth 151.26%
  • Ebitda 191.87%
  • Net Worth 13.41%
  • Total Assets -14.36%

About Shubhlaxmi Polytex

Shubhlaxmi Polytex Limited (SPL) is a leading Public Limited Indian Non-Government Company incorporated in India on 17 May 1991 and has a history of 33 years and nine months. Its registered office is in Surat, Gujarat, India.

The Corporate was formerly known as Shubhlaxmi Polytex 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 30.70 Cr and a paid-up capital of Rs 15.98 Cr.

The company has closed loans amounting to ₹262.97 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Shubhlaxmi Polytex Limited India is Neha Lakshkar as COMPANY SECRETARY. Vikas Agarwal, Shailendra Choudhary, Sunilkumar Agarwal, and Two other members serve as directors at the Company.

Company Details

  • Location

    Surat, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    shubhalakshmi.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U17119GJ1991PLC015677

  • Company No.

    015677

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    17 May 1991

  • Date of AGM

    21 Feb 2024

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Manufacturing

What products or services does Shubhlaxmi Polytex Limited offer?

Shubhlaxmi Polytex Limited offers a wide range of products and services, including Yarns & Threads, Filament Yarn, Yarn.

Who are the key members and board of directors at Shubhlaxmi Polytex?

Executive Team (1)

NameDesignationAppointment DateStatus
Neha Lakshkar Company Secretary05-Apr-2024Current

Board Members (5)

NameDesignationAppointment DateStatus
Vikas Agarwal Country flag representing In Director 08-Mar-2023Current
Shailendra Choudhary Country flag representing In Director 16-Dec-2009Current
Sunilkumar Agarwal Country flag representing In Director 16-Dec-2009Current
Shri Gupta Country flag representing In Director 02-Jan-2017Current
Vidhi Sultania Country flag representing In Director 28-Sep-2019Current

Financial Performance of Shubhlaxmi Polytex.

Shubhlaxmi Polytex Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 27.47% increase. The company also saw a substantial improvement in profitability, with a 151.26% increase in profit. The company's net worth Soared by an impressive increase of 13.41%.

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
27.47%
Revenue from Operations
26.49%
Total Assets
-14.36%
Profit or Loss
151.26%
Net Worth
13.41%
EBITDA
191.87%

What is the Ownership and Shareholding Structure of Shubhlaxmi Polytex?

In 2022, Shubhlaxmi Polytex 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

₹0

Satisfied Charges

₹262.97 Cr

Charges Breakdown by Lending Institutions

  • Punjab National Bank : 242.50 Cr
  • Bank Of Baroda : 20.47 Cr

Latest Charge Details

DateLenderAmountStatus
12 Jan 2016Punjab National Bank₹165.00 CrSatisfied
01 May 2012Punjab National Bank₹77.50 CrSatisfied
21 Jan 1999Bank Of Baroda₹20.22 CrSatisfied
05 Sep 1997Bank Of Baroda₹2.50 MSatisfied

How Many Employees Work at Shubhlaxmi Polytex?

Shubhlaxmi Polytex has a workforce of 14 employees as of Apr 05, 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 Shubhlaxmi Polytex, 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 Shubhlaxmi Polytex'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 Shubhlaxmi Polytex

Recent activity within the organization

  • Director Appointment

    Neha Lakshkar was appointed as a Company Secretary was appointed as a Company Secretary on 05 Apr 2024 & has been associated with this company since 10 months 19 days .

    05 Apr 2024

  • Annual General Meeting

    Shubhlaxmi Polytex Limited last Annual general meeting of members was held on 21 Feb 2024 as per latest MCA records.

    21 Feb 2024

  • Charges

    A charge registered on 21 Jan 1999 via Charge ID 90102815 with Bank Of Baroda was fully satisfied on 30 Jan 2024.

    30 Jan 2024

  • Balance Sheet

    Shubhlaxmi Polytex 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 12 Jan 2016 via Charge ID 10618787 with Punjab National Bank was fully satisfied on 13 Mar 2023.

    13 Mar 2023

  • Director Appointment

    Vikas Ramu Agarwal was appointed as a Director was appointed as a Director on 08 Mar 2023 & has been associated with this company since 1 year 11 months .

    08 Mar 2023

Recent News, Updates & Announcement

Frequently asked questions

  • Shubhlaxmi Polytex Limited was incorporated on 17 May 1991.

  • The authorized share capital of Shubhlaxmi Polytex Limited is ₹ 30.70 Cr and paid-up capital is ₹ 15.98 Cr.

  • Currently 6 directors are associated with Shubhlaxmi Polytex Limited.

    • Neha Lakshkar
    • Vikas Ramu Agarwal
    • Shailendra Choudhary
    • Sunilkumar Matadeen Agarwal
    • Shri Ram Gupta
    • Vidhi Anup Sultania
  • As per Ministry of Corporate Affairs (Mca), the registered address of Shubhlaxmi Polytex Limited is Floor 10 1010 Rajhans Montessa Dumas Road Magdalla, India, Surat, Gujarat, 395007.

  • The corporate identification number (CIN) of Shubhlaxmi Polytex Limited is U17119GJ1991PLC015677 and the company number is 015677 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Shubhlaxmi Polytex Limited is https://www.shubhalakshmi.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Shubhlaxmi Polytex Limited has risen by 27.47%.

  • As Per 2022 financial reports, 14 employees are currently employed by Shubhlaxmi Polytex Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Shubhlaxmi Polytex Limited has experienced an upsurge of 13.41%.

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

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