Sona Styles Limited

Textile trading company specializing in fabrics, yarn, clothing, and footwear.

2009 | Bhilwara, Rajasthan (India) | Active
Last Updated:

Sona Styles Profile

Key Indicators

  • Authorised Capital ₹ 3.30 Cr
  • Paid Up Capital ₹ 3.27 Cr
  • Company Age 16 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 92.36 Cr
  • Satisfied Charges ₹ 6.00 M
  • Revenue Growth 157.59%
  • Profit Growth 221.27%
  • Ebitda 521.54%
  • Net Worth 114.06%
  • Total Assets 91.26%

About Sona Styles

Sona Styles Limited (SSL) is a leading Public Limited Indian Non-Government Company incorporated in India on 13 February 2009 and has a history of 16 years and one month. Its registered office is in Bhilwara, Rajasthan, India.

The Corporate was formerly known as Starnet Life Care Business 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 2023. It's a company limited by shares with an authorized capital of Rs 3.30 Cr and a paid-up capital of Rs 3.27 Cr.

The company currently has active open charges totaling ₹92.36 Cr. The company has closed loans amounting to ₹6.00 M, as per Ministry of Corporate Affairs (MCA) records.

Subhash Nuwal, Uma Nuwal, Dinesh Somani, 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

    U18109RJ2009PLC028314

  • Company No.

    028314

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    13 Feb 2009

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Jaipur

Industry

Fashion and Textile

What products or services does Sona Styles Limited offer?

Sona Styles Limited offers a wide range of products and services, including Ladies Kurta, Lehenga.

Who are the key members and board of directors at Sona Styles?

Board Members (6)

NameDesignationAppointment DateStatus
Harshil Nuwal Country flag representing In Director 13-Feb-2009Current
Subhash Nuwal Country flag representing In Director 13-Feb-2009Current
Uma Nuwal Country flag representing In Director 13-Feb-2009Current
Dinesh Somani Country flag representing In Director 23-Jun-2021Current
Madhu Somani Country flag representing In Director 01-Jan-2022Current
Shikha Nuwal Country flag representing In Director 30-May-2014Current

Financial Performance of Sona Styles.

Sona Styles Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 157.59% increase. The company also saw a substantial improvement in profitability, with a 221.27% increase in profit. The company's net worth Soared by an impressive increase of 114.06%.

Sona Styles revenue growth over time
Sona Styles 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
157.59%
Revenue from Operations
158.62%
Total Assets
91.26%
Profit or Loss
221.27%
Net Worth
114.06%
EBITDA
521.54%

What is the Ownership and Shareholding Structure of Sona Styles?

In 2023, Sona Styles had a promoter holding of 99.36% and a public holding of 0.64%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹92.36 Cr

Satisfied Charges

₹0.60 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 88.58 Cr
  • Sidbi : 2.50 Cr
  • Hdfc Bank Limited : 1.07 Cr
  • Others : 0.20 Cr

Latest Charge Details

DateLenderAmountStatus
03 Feb 2024State Bank Of India₹6.75 CrOpen
26 Dec 2023Others₹2.05 MOpen
11 Jul 2023Hdfc Bank Limited₹0.96 MOpen
13 Sep 2022Sidbi₹2.50 CrOpen
23 Jun 2022Hdfc Bank Limited₹9.76 MOpen

How Many Employees Work at Sona Styles?

Sona Styles has a workforce of 135 employees as of Mar 30, 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 Sona Styles Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Sona Styles, 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 Sona Styles'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 Sona Styles

Recent activity within the organization

  • Charges

    A charge with State Bank Of India of Rs. 6.75 Cr registered on 03 Feb 2024 with Charge ID 100871372 was modified on 04 Sep 2024.

  • Charges

    A charge with State Bank Of India of Rs. 1.48 Cr registered on 24 Nov 2021 with Charge ID 100508905 was modified on 04 Sep 2024.

  • Charges

    A charge with State Bank Of India of Rs. 45.00 Cr registered on 31 Jan 2015 with Charge ID 10547714 was modified on 04 Sep 2024.

  • Charges

    A charge with State Bank Of India amounted to Rs. 6.75 Cr with Charge ID 100871372 was registered on 03 Feb 2024.

  • Charges

    A charge with Others amounted to Rs. 0.20 Cr with Charge ID 100846897 was registered on 26 Dec 2023.

  • Annual General Meeting

    Sona Styles Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

Frequently asked questions

  • What is the Incorporation or founding date of Sona Styles Limited?

    Sona Styles Limited was incorporated on 13 Feb 2009.

  • What is authorized share capital and paid-up capital of Sona Styles Limited?

    The authorized share capital of Sona Styles Limited is ₹ 3.30 Cr and paid-up capital is ₹ 3.27 Cr.

  • Who are the current board members & directors of Sona Styles Limited?

    Currently 6 directors are associated with Sona Styles Limited.

    • Subhash Chandra Nuwal
    • Uma Nuwal
    • Dinesh Somani
    • Madhu Kanta Somani
    • Harshil Nuwal
    • Shikha Nuwal

  • What is the registered address of Sona Styles Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Sona Styles Limited is Plot No 1/270/1 And 270/2 Chittor Road, Village Guwardi India, Bhilwara, Rajasthan, 311025.

  • What is the corporate identification number (CIN) and company number of Sona Styles Limited?

    The corporate identification number (CIN) of Sona Styles Limited is U18109RJ2009PLC028314 and the company number is 028314 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Sona Styles Limited?

    The Official website of Sona Styles Limited is https://www.sionnah.com

  • What has been the recent revenue trend for Sona Styles Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Sona Styles Limited has risen by 157.59%.

  • How many employees does Sona Styles Limited currently have?

    As Per 2023 financial reports, 135 employees are currently employed by Sona Styles Limited.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Sona Styles Limited has experienced an upsurge of 114.06%.

  • What are the total open charges for Sona Styles Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Sona Styles Limited amount to ₹ 92.36 Cr.

  • When was the last Balance Sheet of Sona Styles Limited filed with the ROC?

    The most recent Balance Sheet for Sona Styles Limited was filed with the ROC on 31 Mar 2023.