Sitaram India Limited

Textile manufacturing company specializing in a variety of fabrics for men's wear.

1987 | Bhilwara, Rajasthan (India) | Active
Last Updated: December 14, 2024

Sitaram India Profile

Key Indicators

  • Authorised Capital ₹ 15.00 Cr
  • Paid Up Capital ₹ 7.50 Cr
  • Company Age 37 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 46.90 Cr
  • Satisfied Charges ₹ 132.31 Cr
  • Revenue Growth -19.95%
  • Profit Growth 62.89%
  • Ebitda -8.16%
  • Net Worth -6.59%
  • Total Assets 3.87%

About Sitaram India

Sitaram India Limited (SIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 24 September 1987 and has a history of 37 years and five months. Its registered office is in Bhilwara, Rajasthan, India.

The Corporate was formerly known as Sitaram India 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 2024. It's a company limited by shares with an authorized capital of Rs 15.00 Cr and a paid-up capital of Rs 7.50 Cr.

The company currently has active open charges totaling ₹46.90 Cr. The company has closed loans amounting to ₹132.31 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Sitaram India Limited India is Priya Lakhotia as COMPANY SECRETARY. Anil Nuwal, Jugal Nuwal, Madhu Nuwal, and Two other members serve as directors at the Company.

Company Details

  • Location

    Bhilwara, Rajasthan, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    sitaramindia.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U24304RJ1987PLC004101

  • Company No.

    004101

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    24 Sep 1987

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Jaipur

Industry

Manufacturing

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

Executive Team (2)

NameDesignationAppointment DateStatus
Anil Nuwal Country flag representing In Managing Director01-Feb-1988Current
Priya Lakhotia Country flag representing In Company Secretary09-Jul-2024Current

Board Members (4)

NameDesignationAppointment DateStatus
Jugal Nuwal Country flag representing In Whole-Time Director 26-Jun-2018Current
Madhu Nuwal Country flag representing In Whole-Time Director 12-Jun-1997Current
Harshit Nuwal Country flag representing In Director 09-Apr-2019Current
Anil Kohli Country flag representing In Director 01-Mar-2022Current

Financial Performance of Sitaram India.

Sitaram India Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 19.95% decrease. The company also saw a substantial improvement in profitability, with a 62.89% increase in profit. The company's net worth dipped by a decrease of 6.59%.

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
-19.95%
Revenue from Operations
-19.46%
Total Assets
3.87%
Profit or Loss
62.89%
Net Worth
-6.59%
EBITDA
-8.16%

What is the Ownership and Shareholding Structure of Sitaram India?

In 2023, Sitaram 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

₹46.90 Cr

Satisfied Charges

₹132.31 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 41.35 Cr
  • Sidbi : 5.24 Cr
  • Others : 0.16 Cr
  • Bank Of Baroda : 0.16 Cr

Latest Charge Details

DateLenderAmountStatus
29 Jul 2024Sidbi₹2.00 CrOpen
07 Jun 2022Hdfc Bank Limited₹41.35 CrOpen
17 Jan 2022Sidbi₹7.49 MOpen
10 Feb 2021Sidbi₹2.50 CrOpen
28 Aug 2019Others₹0.85 MOpen

How Many Employees Work at Sitaram India?

Sitaram India has a workforce of 216 employees as of Apr 03, 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 Sitaram 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 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 India

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Charges

    A charge registered on 19 Oct 2016 via Charge ID 100064173 with Others was fully satisfied on 02 Sep 2024.

    02 Sep 2024

  • Charges

    A charge registered on 17 Jun 2015 via Charge ID 10579344 with Bank Of Baroda was fully satisfied on 02 Sep 2024.

    02 Sep 2024

  • Charges

    A charge registered on 17 Feb 2022 via Charge ID 100540425 with Others was fully satisfied on 27 Aug 2024.

    27 Aug 2024

  • Charges

    A charge registered on 21 Oct 2020 via Charge ID 100378771 with Others was fully satisfied on 27 Aug 2024.

    27 Aug 2024

  • Charges

    A charge registered on 31 Aug 2020 via Charge ID 100364534 with Others was fully satisfied on 27 Aug 2024.

    27 Aug 2024

Recent News, Updates & Announcement

Frequently asked questions

  • Sitaram India Limited was incorporated on 24 Sep 1987.

  • The authorized share capital of Sitaram India Limited is ₹ 15.00 Cr and paid-up capital is ₹ 7.50 Cr.

  • Currently 6 directors are associated with Sitaram India Limited.

    • Anil Kumar Nuwal
    • Jugal Kishore Nuwal
    • Madhu Sudan Nuwal
    • Harshit Nuwal
    • Anil Kumar Kohli
    • Priya Lakhotia
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sitaram India Limited is F- 226 227 G-228, 229 Iv Th Phase Riico Industrial Area India, Bhilwara, Rajasthan, 311001.

  • The corporate identification number (CIN) of Sitaram India Limited is U24304RJ1987PLC004101 and the company number is 004101 as per Ministry of Corporate Affairs (MCA).

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

  • According to the financial reports for the fiscal year 2021, the revenue trend for Sitaram India Limited has fallen by -19.95%.

  • As Per 2021 financial reports, 216 employees are currently employed by Sitaram India Limited.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Sitaram India Limited has experienced an downturn of -6.59%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Sitaram India Limited amount to ₹ 46.90 Cr.

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

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