Sky Industries Limited

This company manufactures hook and loop tapes for various industries, including elastic and woven products.

1989 | Navi Mumbai, Maharashtra (India) | Active
Last Updated:

Sky Industries Profile

Key Indicators

  • Authorised Capital ₹ 20.00 Cr
  • Paid Up Capital ₹ 7.89 Cr
  • Company Age 35 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 37.24 Cr
  • Satisfied Charges ₹ 110.62 Cr
  • Revenue Growth 5.81%
  • Profit Growth -63.71%
  • Ebitda -41.38%
  • Net Worth 10.53%
  • Total Assets 4.30%

About Sky Industries

Sky Industries Limited (SIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 18 July 1989 and has a history of 35 years and seven months. Its registered office is in Navi Mumbai, Maharashtra.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 526479.

The Corporate was formerly known as Fine Velvets And Plastofabs Private Limited. The Company is engaged in the Machinery And Equipment 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 20.00 Cr and a paid-up capital of Rs 7.89 Cr.

The company currently has active open charges totaling ₹37.24 Cr. The company has closed loans amounting to ₹110.62 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Sky Industries Limited India are Maikal Raorani as CFO and Priyal Ruparelia as Company Secretary. Sharad Shah, Shailesh Shah, Maikal Raorani, and Five other members serve as directors at the Company.

Company Details

  • Location Navi Mumbai, Maharashtra
  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    skycorp.in

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L17120MH1989PLC052645

  • Company No.

    052645

  • Stock Symbol

    BSE : 526479

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    18 Jul 1989

  • Date of AGM

    18 Jul 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Mumbai

Industry

Machinery and Equipment

What products or services does Sky Industries Limited offer?

Sky Industries Limited offers a wide range of products and services, including Sewing Threads, Laces & Accessories, Garment Tape, Cables & Wiring Components, Cable Ties, Nails, Fasteners, Rivets & Shackles, Fasteners.

Who are the key members and board of directors at Sky Industries?

Executive Team (3)

NameDesignationAppointment DateStatus
Shailesh Shah Country flag representing In Managing Director01-Jan-1993Current
Maikal Raorani Country flag representing In CFO10-Feb-2017Current
Priyal Ruparelia Company Secretary16-May-2023Current

Board Members (7)

NameDesignationAppointment DateStatus
Sharad Shah Country flag representing In Whole-Time Director 12-Oct-1993Current
Maikal Raorani Country flag representing In Whole-Time Director and Cfo 31-Jul-2003Current
Nitin Oza Country flag representing In Director 22-Oct-2022Current
Lokanath Mishra Country flag representing In Director 08-Jul-2020Current
Amarendra Mohapatra Country flag representing In Director 27-Jul-2018Current
Sanghamitra Sarangi Country flag representing In Director 14-Aug-2019Current

Financial Performance of Sky Industries.

Sky Industries Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 5.81% increase. The company also saw a substantial fall in profitability, with a 63.71% decrease in profit. The company's net worth Soared by an impressive increase of 10.53%.

Sky Industries revenue growth over time
Sky Industries 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
5.81%
Revenue from Operations
6.34%
Total Assets
4.30%
Profit or Loss
-63.71%
Net Worth
10.53%
EBITDA
-41.38%

What is the Ownership and Shareholding Structure of Sky Industries?

In 2023, Sky Industries had a promoter holding of 58.33% and a public holding of 41.67%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹37.24 Cr

Satisfied Charges

₹110.62 Cr

Charges Breakdown by Lending Institutions

  • Others : 33.30 Cr
  • Icici Bank Ltd : 3.50 Cr
  • Hdfc Bank Limited : 0.39 Cr
  • Centurion Bank Ltd : 0.05 Cr

Latest Charge Details

DateLenderAmountStatus
10 Dec 2021Hdfc Bank Limited₹0.80 MOpen
09 Dec 2020Hdfc Bank Limited₹1.55 MOpen
23 Nov 2020Hdfc Bank Limited₹1.55 MOpen
28 Aug 2020Others₹1.80 CrOpen
15 Oct 2018Others₹31.50 CrOpen

How Many Employees Work at Sky Industries?

Sky Industries has a workforce of 35 employees as of Apr 07, 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 Sky Industries Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Sky Industries, 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 Sky Industries'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 Sky Industries

Recent activity within the organization

  • Annual General Meeting

    Sky Industries Limited last Annual general meeting of members was held on 18 Jul 2024 as per latest MCA records.

  • Balance Sheet

    Sky Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

  • Charges

    A charge with Others of Rs. 31.50 Cr registered on 15 Oct 2018 with Charge ID 100210012 was modified on 07 Mar 2024.

  • Charges

    A charge registered on 27 Apr 2021 via Charge ID 100446042 with Hdfc Bank Limited was fully satisfied on 01 Feb 2024.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.08 Cr with Charge ID 100521419 was registered on 10 Dec 2021.

  • Charges

    A charge with Others of Rs. 1.80 Cr registered on 28 Aug 2020 with Charge ID 100378690 was modified on 02 Jun 2021.

Frequently asked questions

  • What is the Incorporation or founding date of Sky Industries Limited?

    Sky Industries Limited was incorporated on 18 Jul 1989.

  • What is authorized share capital and paid-up capital of Sky Industries Limited?

    The authorized share capital of Sky Industries Limited is ₹ 20.00 Cr and paid-up capital is ₹ 7.89 Cr.

  • Who are the current board members & directors of Sky Industries Limited?

    Currently 10 directors are associated with Sky Industries Limited.

    • Sharad Suryakant Shah
    • Shailesh Suryakant Shah
    • Maikal Bhupendra Raorani
    • Nitin Arvind Oza
    • Lokanath Suryanarayan Mishra
    • Amarendra Mohapatra
    • Sanghamitra Sarangi
    • Mani Gopalakrishnan
    • Maikal Bhupendra Raorani
    • Priyal Parag Ruparelia

  • What is the registered address of Sky Industries Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Sky Industries Limited is C-58 Ttc Indl Areathane Belapur Road Pawane India, Navi Mumbai, Maharashtra, 400705.

  • What is the corporate identification number (CIN) and company number of Sky Industries Limited?

    The corporate identification number (CIN) of Sky Industries Limited is L17120MH1989PLC052645 and the company number is 052645 as per Ministry of Corporate Affairs (MCA).

  • Is Sky Industries Limited registered with any stock exchange in India?

    Yes, Sky Industries Limited is registered on Bombay Stock Exchange (BSE).

  • What is the official website of Sky Industries Limited?

    The Official website of Sky Industries Limited is https://www.skycorp.in

  • What has been the recent revenue trend for Sky Industries Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Sky Industries Limited has risen by 5.81%.

  • How many employees does Sky Industries Limited currently have?

    As Per 2023 financial reports, 35 employees are currently employed by Sky Industries Limited.

  • What change has been observed in the net worth of Sky Industries Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Sky Industries Limited has experienced an upsurge of 10.53%.

  • What are the total open charges for Sky Industries Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Sky Industries Limited amount to ₹ 37.24 Cr.

  • When was the last Balance Sheet of Sky Industries Limited filed with the ROC?

    The most recent Balance Sheet for Sky Industries Limited was filed with the ROC on 31 Mar 2024.

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