Sneha Elastics Private Limited

Manufactures knitted elastic for apparel, home furnishings, medical, and industrial markets.

2010 | Bangaluru, Karnataka (India) | Active
Last Updated: December 18, 2024

Sneha Elastics Profile

Key Indicators

  • Authorised Capital ₹ 3.00 M
  • Paid Up Capital ₹ 2.62 M
  • Company Age 15 Year, 25 Days
  • Last Filing with ROC 31 Mar 2021
  • Open Charges ₹ 3.14 Cr
  • Satisfied Charges ₹ 3.66 Cr
  • Revenue Growth 22.47%
  • Profit Growth 107.95%
  • Ebitda 207.56%
  • Net Worth 7.06%
  • Total Assets 12.88%

About Sneha Elastics

Sneha Elastics Private Limited (SEPL) is a Private Limited Indian Non-Government Company incorporated in India on 01 February 2010 and has a history of 15 years. Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Packaging Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2021. It's a company limited by shares with an authorized capital of Rs 3.00 M and a paid-up capital of Rs 2.62 M.

The company currently has active open charges totaling ₹3.14 Cr. The company has closed loans amounting to ₹3.66 Cr, as per Ministry of Corporate Affairs (MCA) records.

Pratapsingh Chhajer and Ajay Chhajer serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    snehaelastics.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17120KA2010PTC052331

  • Company No.

    052331

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    01 Feb 2010

  • Date of AGM

    30 Nov 2021

  • Date of Balance Sheet

    31 Mar 2021

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Packaging

Who are the key members and board of directors at Sneha Elastics?

Executive Team (1)

NameDesignationAppointment DateStatus
Ajay Chhajer Country flag representing In Managing Director21-Jan-2015Current

Financial Performance of Sneha Elastics.

Sneha Elastics Private Limited, for the financial year ended 2021, experienced significant growth in revenue, with a 22.47% increase. The company also saw a substantial improvement in profitability, with a 107.95% increase in profit. The company's net worth moved up by a moderate rise of 7.06%.

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
22.47%
Revenue from Operations
22.28%
Total Assets
12.88%
Profit or Loss
107.95%
Net Worth
7.06%
EBITDA
207.56%

What is the Ownership and Shareholding Structure of Sneha Elastics?

In 2021, Sneha Elastics had a promoter holding of 47.63% and a public holding of 52.37%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹31.40 M

Satisfied Charges

₹36.60 M

Charges Breakdown by Lending Institutions

  • Others : 3.14 Cr

Latest Charge Details

DateLenderAmountStatus
16 Oct 2024Others₹0.70 MOpen
06 Nov 2020Others₹3.20 MOpen
22 May 2017Others₹2.75 CrOpen
16 May 2015Bank Of Baroda₹3.14 CrSatisfied
15 Jun 2010Bank Of Baroda₹5.20 MSatisfied

How Many Employees Work at Sneha Elastics?

Sneha Elastics has a workforce of 20 employees as of Apr 06, 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 Sneha Elastics, 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 Sneha Elastics'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 Sneha Elastics

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 0.70 M with Charge ID 101013308 was registered on 16 Oct 2024.

    16 Oct 2024

  • Annual General Meeting

    Sneha Elastics Private Limited last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records.

    30 Nov 2021

  • Balance Sheet

    Sneha Elastics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Bangalore.

    31 Mar 2021

  • Charges

    A charge with Others amounted to Rs. 3.20 M with Charge ID 100399454 was registered on 06 Nov 2020.

    06 Nov 2020

  • Charges

    A charge registered on 16 May 2015 via Charge ID 10571276 with Bank Of Baroda was fully satisfied on 25 Oct 2017.

    25 Oct 2017

  • Charges

    A charge registered on 15 Jun 2010 via Charge ID 10225471 with Bank Of Baroda was fully satisfied on 25 Oct 2017.

    25 Oct 2017

Frequently asked questions

  • What is the Incorporation or founding date of Sneha Elastics Private Limited?

    Sneha Elastics Private Limited was incorporated on 01 Feb 2010.

  • What is authorized share capital and paid-up capital of Sneha Elastics Private Limited?

    The authorized share capital of Sneha Elastics Private Limited is ₹ 3.00 M and paid-up capital is ₹ 2.62 M.

  • Who are the current board members & directors of Sneha Elastics Private Limited?

    Currently 2 directors are associated with Sneha Elastics Private Limited.

    • Pratapsingh Chhajer
    • Ajay Chhajer
  • What is the registered address of Sneha Elastics Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Sneha Elastics Private Limited is Sy No. 176/2 And 176/3 Vill Kurubarahalli, Hobli Thavarekere India, Bangalore, Karnataka, 562130.

  • What is the corporate identification number (CIN) and company number of Sneha Elastics Private Limited?

    The corporate identification number (CIN) of Sneha Elastics Private Limited is U17120KA2010PTC052331 and the company number is 052331 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Sneha Elastics Private Limited?

    The Official website of Sneha Elastics Private Limited is https://www.snehaelastics.com

  • What has been the recent revenue trend for Sneha Elastics Private Limited?

    According to the financial reports for the fiscal year 2021, the revenue trend for Sneha Elastics Private Limited has risen by 22.47%.

  • How many employees does Sneha Elastics Private Limited currently have?

    As Per 2021 financial reports, 20 employees are currently employed by Sneha Elastics Private Limited.

  • What change has been observed in the net worth of Sneha Elastics Private Limited, and by what percentage?

    The financial reports for the fiscal year 2021 indicates that The net worth of Sneha Elastics Private Limited has experienced an upsurge of 7.06%.

  • What are the total open charges for Sneha Elastics Private Limited?

    As per the financial statements for fiscal Year 2021, The total open charges for Sneha Elastics Private Limited amount to ₹ 3.14 Cr.

  • When was the last Balance Sheet of Sneha Elastics Private Limited filed with the ROC?

    The most recent Balance Sheet for Sneha Elastics Private Limited was filed with the ROC on 31 Mar 2021.

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