Siddharth Textiles Private Limited

Global textile trading and manufacturing company with diverse product range.

1952 | Mumbai, Maharashtra (India) | Active
Last Updated: November 16, 2024

Siddharth Textiles Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 5.50 M
  • Company Age 72 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 5.00 Cr
  • Revenue Growth -20.00%
  • Profit Growth 28.95%
  • Ebitda 26.19%
  • Net Worth -0.96%
  • Total Assets 0.40%

About Siddharth Textiles

Siddharth Textiles Private Limited (STPL) was founded in India on 23 October 1952 and has a glorious history of 72 years and three months.Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Siddharth Textiles Limited. The Company is engaged in the Real Estate 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 1.00 Cr and a paid-up capital of Rs 5.50 M.

The company currently has active open charges totaling ₹5.00 Cr.

Natarajan Chandrasekaran and Vishin Gurnani serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U67120MH1952PTC008925

  • Company No.

    008925

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    23 Oct 1952

  • Date of AGM

    30 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Real Estate

Who are the key members and board of directors at Siddharth Textiles?

Board Members (2)

Name Designation Appointment Date Status
Natarajan Chandrasekaran Country flag representing In Director 14-May-2021 Current
Vishin Gurnani Country flag representing In Director 31-May-2018 Current

Financial Performance of Siddharth Textiles.

Siddharth Textiles Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 20% decrease. The company also saw a substantial improvement in profitability, with a 28.95% increase in profit. The company's net worth dipped by a decrease of 0.96%.

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
-20.00%
Revenue from Operations
Total Assets
0.40%
Profit or Loss
28.95%
Net Worth
-0.96%
EBITDA
26.19%

What is the Ownership and Shareholding Structure of Siddharth Textiles?

In 2022, Siddharth Textiles 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

₹5.00 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Allahabad Bank : 5.00 Cr

Latest Charge Details

Date Lender Amount Status
29 Mar 1988 Allahabad Bank ₹2.50 Cr Open
25 Mar 1988 Allahabad Bank ₹2.50 Cr Open

How Many Employees Work at Siddharth Textiles?

Unlock and access historical data on people associated with Siddharth Textiles, 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 Siddharth 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 Siddharth 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 Siddharth Textiles

Recent activity within the organization

  • Annual General Meeting

    Siddharth Textiles Private Limited last Annual general meeting of members was held on 30 Aug 2024 as per latest MCA records.

    30 Aug 2024

  • Balance Sheet

    Siddharth Textiles Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Director Appointment

    Natarajan Chandrasekaran was appointed as a Director was appointed as a Director on 14 May 2021 & has been associated with this company since 3 years 8 months .

    14 May 2021

  • Director Appointment

    Vishin Ghanshamdas Gurnani was appointed as a Director was appointed as a Director on 31 May 2018 & has been associated with this company since 6 years 8 months .

    31 May 2018

  • Charges

    A charge with Allahabad Bank amounted to Rs. 2.50 Cr with Charge ID 90231603 was registered on 29 Mar 1988.

    29 Mar 1988

  • Charges

    A charge with Allahabad Bank amounted to Rs. 2.50 Cr with Charge ID 90226850 was registered on 25 Mar 1988.

    25 Mar 1988

Frequently asked questions

  • Siddharth Textiles Private Limited was incorporated on 23 Oct 1952.

  • The authorized share capital of Siddharth Textiles Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 5.50 M.

  • Currently 2 directors are associated with Siddharth Textiles Private Limited.

    • Natarajan Chandrasekaran
    • Vishin Ghanshamdas Gurnani
  • As per Ministry of Corporate Affairs (Mca), the registered address of Siddharth Textiles Private Limited is 75-C J R Mhatre Margruia Park Juhu India, Mumbai, Maharashtra, 400049.

  • The corporate identification number (CIN) of Siddharth Textiles Private Limited is U67120MH1952PTC008925 and the company number is 008925 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Siddharth Textiles Private Limited has fallen by -20.00%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Siddharth Textiles Private Limited has experienced an downturn of -0.96%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Siddharth Textiles Private Limited amount to ₹ 5.00 Cr.

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

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