Sita Polyweave Private Limited

Manufacturer of knitted fabrics, part of Kanodia group, offering dyeing, bleaching, and textile services.

2014 | Surat, Gujarat (India) | Active
Last Updated: October 24, 2024

Sita Polyweave Profile

Key Indicators

  • Authorised Capital ₹ 1.65 Cr
  • Paid Up Capital ₹ 1.65 Cr
  • Company Age 10 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 14.07 Cr
  • Revenue Growth -35.18%
  • Profit Growth 14.81%
  • Ebitda -4.76%
  • Net Worth 9.97%
  • Total Assets -15.06%

About Sita Polyweave

Sita Polyweave Private Limited (SPPL) is a Private Limited Indian Non-Government Company incorporated in India on 24 June 2014 and has a history of Ten years and seven months. Its registered office is in Surat, 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 1.65 Cr and a paid-up capital of Rs 1.65 Cr.

The company currently has active open charges totaling ₹14.07 Cr.

Vishal Kanodia, Pramod Kanodia, Mukul Kanodia, and Two other members serve as directors at the Company.

Company Details

  • Location

    Surat, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17200GJ2014PTC079889

  • Company No.

    079889

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    24 Jun 2014

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Manufacturing

What products or services does Sita Polyweave Private Limited offer?

Sita Polyweave Private Limited offers a wide range of products and services, including Apparel Fabrics & Clothing Textiles, Apparel & Clothing Fabric, Synthetic Fabric, Ladies Dresses, Apparels & Clothings, Polyester Kurtis, Drapes & Curtains, Curtains, Winter Wear & Accessories, Knitwear, Dupattas.

Who are the key members and board of directors at Sita Polyweave?

Board Members (5)

Name Designation Appointment Date Status
Vishal Kanodia Country flag representing In Director 24-Jun-2014 Current
Pramod Kanodia Country flag representing In Director 24-Jun-2014 Current
Mukul Kanodia Country flag representing In Director 24-Jun-2014 Current
Vikas Kanodia Country flag representing In Director 24-Jun-2014 Current
Sushil Agarwal Country flag representing In Director 19-Aug-2016 Current

Financial Performance of Sita Polyweave.

Sita Polyweave Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 35.18% decrease. The company also saw a substantial improvement in profitability, with a 14.81% increase in profit. The company's net worth moved up by a moderate rise of 9.97%.

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
-35.18%
Revenue from Operations
-35.20%
Total Assets
-15.06%
Profit or Loss
14.81%
Net Worth
9.97%
EBITDA
-4.76%

What is the Ownership and Shareholding Structure of Sita Polyweave?

In 2023, Sita Polyweave 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

₹14.07 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 14.07 Cr

Latest Charge Details

Date Lender Amount Status
24 May 2022 Others ₹5.24 M Open
24 May 2022 Others ₹5.43 Cr Open
26 Mar 2015 Others ₹4.06 Cr Open
26 Mar 2015 Others ₹4.06 Cr Open

How Many Employees Work at Sita Polyweave?

Unlock and access historical data on people associated with Sita Polyweave, 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 Sita Polyweave, 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 Sita Polyweave'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 Sita Polyweave

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

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

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 0.52 Cr with Charge ID 100582992 was registered on 24 May 2022.

    24 May 2022

  • Charges

    A charge with Others amounted to Rs. 5.43 Cr with Charge ID 100582993 was registered on 24 May 2022.

    24 May 2022

  • Charges

    A charge with Others of Rs. 4.06 Cr registered on 26 Mar 2015 with Charge ID 10560962 was modified on 28 Sep 2020.

    28 Sep 2020

  • Charges

    A charge with Others of Rs. 4.06 Cr registered on 26 Mar 2015 with Charge ID 10560963 was modified on 11 Sep 2020.

    11 Sep 2020

Frequently asked questions

  • Sita Polyweave Private Limited was incorporated on 24 Jun 2014.

  • The authorized share capital of Sita Polyweave Private Limited is ₹ 1.65 Cr and paid-up capital is ₹ 1.65 Cr.

  • Currently 5 directors are associated with Sita Polyweave Private Limited.

    • Vishal Pramodkumar Kanodia
    • Pramod Kanodia
    • Mukul Kanodia
    • Vikas Pramodkumar Kanodia
    • Sushil Kumar Agarwal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sita Polyweave Private Limited is 103/B 1St Floor Sagar Shopping Center Sahara Darwaja, Ring Road India, Surat, Gujarat, 395003.

  • The corporate identification number (CIN) of Sita Polyweave Private Limited is U17200GJ2014PTC079889 and the company number is 079889 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Sita Polyweave Private Limited has fallen by -35.18%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Sita Polyweave Private Limited has experienced an upsurge of 9.97%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Sita Polyweave Private Limited amount to ₹ 14.07 Cr.

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