Siddhi Weaves Private Limited

Manufactures and trades cotton and blended yarn, with a focus on denim fabric production.

2013 | Ahmedabad, Gujarat (India) | Active
Last Updated: January 01, 2025

Siddhi Weaves Profile

Key Indicators

  • Authorised Capital ₹ 7.00 Cr
  • Paid Up Capital ₹ 6.78 Cr
  • Company Age 11 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 225.63 Cr
  • Satisfied Charges ₹ 19.00 Cr

About Siddhi Weaves

Siddhi Weaves Private Limited (SWPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 11 June 2013 and has a history of 11 years and seven months. Its registered office is in Ahmedabad, Gujarat, 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 2023. It's a company limited by shares with an authorized capital of Rs 7.00 Cr and a paid-up capital of Rs 6.78 Cr.

The company currently has active open charges totaling ₹225.63 Cr. The company has closed loans amounting to ₹19.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Amit Bindal, Navin Saraogi, and Rajeshkumar Babulal serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17222GJ2013PTC075550

  • Company No.

    075550

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    11 Jun 2013

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Manufacturing

Who are the key members and board of directors at Siddhi Weaves?

Board Members (3)

Name Designation Appointment Date Status
Amit Bindal Country flag representing In Director 11-Jun-2013 Current
Navin Saraogi Country flag representing In Director 11-Jun-2013 Current
Rajeshkumar Babulal Country flag representing In Director 11-Jun-2013 Current

Financial Performance of Siddhi Weaves.

Siddhi Weaves Private Limited, for the financial year ended 2021, experienced no change in revenue, with a 0% increase. The company also saw a no change in profitability, with a 0% increase in profit. The company's net worth witnessed no change by increase of 0%.

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
Revenue from Operations
Total Assets
Profit or Loss
Net Worth
EBITDA

What is the Ownership and Shareholding Structure of Siddhi Weaves?

In 2021, Siddhi Weaves had a promoter holding of 89.52% and a public holding of 10.48%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹225.63 Cr

Satisfied Charges

₹19.00 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 218.63 Cr
  • Others : 6.81 Cr
  • Hdfc Bank Limited : 0.19 Cr

Latest Charge Details

Date Lender Amount Status
07 Jul 2023 State Bank Of India ₹69.04 Cr Open
26 Apr 2023 Hdfc Bank Limited ₹1.90 M Open
10 Jul 2020 Others ₹6.73 Cr Open
17 Sep 2019 Others ₹0.85 M Open
03 Nov 2015 State Bank Of India ₹80.55 Cr Open

How Many Employees Work at Siddhi Weaves?

Siddhi Weaves has a workforce of 141 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 Siddhi Weaves, 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 Siddhi Weaves'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 Siddhi Weaves

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 6.73 Cr registered on 10 Jul 2020 with Charge ID 100354436 was modified on 30 Mar 2024.

    30 Mar 2024

  • Charges

    A charge with State Bank Of India of Rs. 69.04 Cr registered on 03 Nov 2015 with Charge ID 10603061 was modified on 16 Dec 2023.

    16 Dec 2023

  • Annual General Meeting

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

    30 Sep 2023

  • Charges

    A charge with State Bank Of India amounted to Rs. 69.04 Cr with Charge ID 100760719 was registered on 07 Jul 2023.

    07 Jul 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.19 Cr with Charge ID 100745420 was registered on 26 Apr 2023.

    26 Apr 2023

  • Balance Sheet

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

    31 Mar 2023

Frequently asked questions

  • Siddhi Weaves Private Limited was incorporated on 11 Jun 2013.

  • The authorized share capital of Siddhi Weaves Private Limited is ₹ 7.00 Cr and paid-up capital is ₹ 6.78 Cr.

  • Currently 3 directors are associated with Siddhi Weaves Private Limited.

    • Amit Premchand Bindal
    • Navin Saraogi
    • Rajeshkumar Agarwal Babulal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Siddhi Weaves Private Limited is South Tower 204-205 One42 B/H Ashoka Vatika Nr. Jayantilal Park Brts, Ambli India, Ahmedabad, Gujarat, 380054.

  • The corporate identification number (CIN) of Siddhi Weaves Private Limited is U17222GJ2013PTC075550 and the company number is 075550 as per Ministry of Corporate Affairs (MCA).

  • As Per 2021 financial reports, 141 employees are currently employed by Siddhi Weaves Private Limited.

  • As per the financial statements for fiscal Year 2021, The total open charges for Siddhi Weaves Private Limited amount to ₹ 225.63 Cr.

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

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