Sitaram Denims India Limited

Manufactures grey denim fabric and other textiles under various brand names.

2011 | Bhilwara, Rajasthan (India) | Active
Last Updated:

Sitaram Denims India Profile

Key Indicators

  • Authorised Capital ₹ 21.01 Cr
  • Paid Up Capital ₹ 21.01 Cr
  • Company Age 14 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 224.09 Cr
  • Satisfied Charges ₹ 6.10 Cr
  • Revenue Growth 35.31%
  • Profit Growth 43.37%
  • Ebitda 17.59%
  • Net Worth 13.89%
  • Total Assets 5.11%

About Sitaram Denims India

Sitaram Denims India Limited (SDIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 02 February 2011 and has a history of 14 years and three months. Its registered office is in Bhilwara, Rajasthan, India.

The Corporate was formerly known as Sitaram Denims India Private Limited. The Company is engaged in the Fashion And Textile 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 21.01 Cr and a paid-up capital of Rs 21.01 Cr.

The company currently has active open charges totaling ₹224.09 Cr. The company has closed loans amounting to ₹6.10 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Sitaram Denims India Limited India are Devika Maheshwari as COMPANY SECRETARY and Harshit Nuwal as Cfo. Anil Nuwal, Jugal Nuwal, Madhu Nuwal, and Three other members serve as directors at the Company.

Company Details

  • Location

    Bhilwara, Rajasthan, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U17100RJ2011PLC034052

  • Company No.

    034052

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    02 Feb 2011

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Jaipur

Industry

Fashion and Textile
Company report

Sitaram Denims India Limited

Explore comprehensive data for Sitaram Denims India Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Sitaram Denims India?

Executive Team (3)

NameDesignationAppointment DateStatus
Madhu Nuwal Country flag representing In Managing Director20-Apr-2016Current
Devika Maheshwari Country flag representing In Company Secretary09-Jul-2024Current
Harshit Nuwal Country flag representing In CFO05-Jul-2018Current

Board Members (5)

NameDesignationAppointment DateStatus
Anil Nuwal Country flag representing In Director 02-Feb-2011Current
Jugal Nuwal Country flag representing In Director 02-Feb-2011Current
Raj Nyati Country flag representing In Director 15-Jun-2018Current
Vishav Garg Country flag representing In Director 15-Jun-2018Current
Anil Kohli Country flag representing In Director 01-Mar-2022Current

Financial Performance of Sitaram Denims India.

Sitaram Denims India Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 35.31% increase. The company also saw a substantial improvement in profitability, with a 43.37% increase in profit. The company's net worth Soared by an impressive increase of 13.89%.

Sitaram Denims India revenue growth over time
Sitaram Denims India 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
35.31%
Revenue from Operations
35.35%
Total Assets
5.11%
Profit or Loss
43.37%
Net Worth
13.89%
EBITDA
17.59%

What is the Ownership and Shareholding Structure of Sitaram Denims India?

In 2023, Sitaram Denims India had a promoter holding of 100.00%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹224.09 Cr

Satisfied Charges

₹6.10 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 111.00 Cr
  • Others : 107.85 Cr
  • Sidbi : 5.24 Cr

Latest Charge Details

DateLenderAmountStatus
15 Mar 2024Sidbi₹2.00 CrOpen
27 Oct 2023Hdfc Bank Limited₹111.00 CrOpen
08 Feb 2022Others₹5.95 CrOpen
17 Jan 2022Sidbi₹7.49 MOpen
10 Feb 2021Sidbi₹2.50 CrOpen

How Many Employees Work at Sitaram Denims India?

Sitaram Denims India has a workforce of 191 employees as of Mar 28, 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.

Employee growth trends for Sitaram Denims India Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Sitaram Denims India, 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 Sitaram Denims India'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 Sitaram Denims India

Recent activity within the organization

  • Annual General Meeting

    Sitaram Denims India Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Director Appointment

    Devika Maheshwari was appointed as a Company Secretary was appointed as a Company Secretary on 09 Jul 2024 & has been associated with this company since 9 months 25 days .

  • Charges

    A charge registered on 09 Apr 2018 via Charge ID 100175705 with Others was fully satisfied on 19 Apr 2024.

  • Balance Sheet

    Sitaram Denims India Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Jaipur.

  • Charges

    A charge with Sidbi amounted to Rs. 2.00 Cr with Charge ID 100881948 was registered on 15 Mar 2024.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 111.00 Cr registered on 27 Oct 2023 with Charge ID 100815463 was modified on 02 Jan 2024.

Frequently asked questions

  • What is the Incorporation or founding date of Sitaram Denims India Limited?

    Sitaram Denims India Limited was incorporated on 02 Feb 2011.

  • What is authorized share capital and paid-up capital of Sitaram Denims India Limited?

    The authorized share capital of Sitaram Denims India Limited is ₹ 21.01 Cr and paid-up capital is ₹ 21.01 Cr.

  • Who are the current board members & directors of Sitaram Denims India Limited?

    Currently 8 directors are associated with Sitaram Denims India Limited.

    • Anil Kumar Nuwal
    • Jugal Kishore Nuwal
    • Madhu Sudan Nuwal
    • Raj Kumar Nyati
    • Vishav Nath Garg
    • Devika Maheshwari
    • Harshit Nuwal
    • Anil Kumar Kohli
  • What is the registered address of Sitaram Denims India Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Sitaram Denims India Limited is 48, Main Sector Shastri Nagar India, Bhilwara, Rajasthan, 311001.

  • What is the corporate identification number (CIN) and company number of Sitaram Denims India Limited?

    The corporate identification number (CIN) of Sitaram Denims India Limited is U17100RJ2011PLC034052 and the company number is 034052 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Sitaram Denims India Limited?

    The Official website of Sitaram Denims India Limited is https://www.sitaramindia.com

  • What has been the recent revenue trend for Sitaram Denims India Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Sitaram Denims India Limited has risen by 35.31%.

  • How many employees does Sitaram Denims India Limited currently have?

    As Per 2023 financial reports, 191 employees are currently employed by Sitaram Denims India Limited.

  • What change has been observed in the net worth of Sitaram Denims India Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Sitaram Denims India Limited has experienced an upsurge of 13.89%.

  • What are the total open charges for Sitaram Denims India Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Sitaram Denims India Limited amount to ₹ 224.09 Cr.

  • When was the last Balance Sheet of Sitaram Denims India Limited filed with the ROC?

    The most recent Balance Sheet for Sitaram Denims India Limited was filed with the ROC on 31 Mar 2024.

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