Sourcewell Flours Private Limited

Trading company specializing in flour, pulses, and food grains since 2013.

2013 | North West Delhi, Delhi (India) | Active
Last Updated: July 11, 2024

Sourcewell Flours Profile

Key Indicators

  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 2.49 Cr
  • Company Age 11 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 32.44 Cr
  • Satisfied Charges ₹ 69.62 Cr
  • Revenue Growth 2.19%
  • Profit Growth -20.04%
  • Ebitda -27.15%
  • Net Worth 19.33%
  • Total Assets 2.48%

About Sourcewell Flours

Sourcewell Flours Private Limited (SFPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 16 August 2013 and has a history of 11 years and six months. Its registered office is in North West Delhi, Delhi, India.

The Company is engaged in the Food And Beverages 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 3.00 Cr and a paid-up capital of Rs 2.49 Cr.

The company currently has active open charges totaling ₹32.44 Cr. The company has closed loans amounting to ₹69.62 Cr, as per Ministry of Corporate Affairs (MCA) records.

Kapila Miglani and Nitin Miglani serve as directors at the Company.

Company Details

  • Location

    North West Delhi, Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U15122DL2013PTC256652

  • Company No.

    256652

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    16 Aug 2013

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Food and Beverages

Who are the key members and board of directors at Sourcewell Flours?

Board Members (2)

NameDesignationAppointment DateStatus
Kapila Miglani Country flag representing In Director 16-Aug-2013Current
Nitin Miglani Country flag representing In Director 16-Aug-2013Current

Financial Performance of Sourcewell Flours.

Sourcewell Flours Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 2.19% increase. The company also saw a substantial fall in profitability, with a 20.04% decrease in profit. The company's net worth Soared by an impressive increase of 19.33%.

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
2.19%
Revenue from Operations
1.27%
Total Assets
2.48%
Profit or Loss
-20.04%
Net Worth
19.33%
EBITDA
-27.15%

What is the Ownership and Shareholding Structure of Sourcewell Flours?

Unlock access to Sourcewell Flours's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹32.44 Cr

Satisfied Charges

₹69.62 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 29.70 Cr
  • Axis Bank Limited : 1.98 Cr
  • Others : 0.76 Cr

Latest Charge Details

DateLenderAmountStatus
21 Aug 2023Axis Bank Limited₹9.95 MOpen
23 Jun 2023Hdfc Bank Limited₹1.70 CrOpen
15 May 2023Axis Bank Limited₹9.90 MOpen
28 Feb 2023Hdfc Bank Limited₹28.00 CrOpen
14 Jul 2022Others₹7.55 MOpen

How Many Employees Work at Sourcewell Flours?

Sourcewell Flours has a workforce of 58 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Sourcewell Flours, 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 Sourcewell Flours'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 Sourcewell Flours

Recent activity within the organization

  • Annual General Meeting

    Sourcewell Flours Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 0.99 Cr with Charge ID 100766039 was registered on 21 Aug 2023.

    21 Aug 2023

  • Charges

    A charge with Hdfc Bank Limited of Rs. 28.00 Cr registered on 28 Feb 2023 with Charge ID 100684105 was modified on 28 Jul 2023.

    28 Jul 2023

  • Charges

    A charge registered on 28 Sep 2022 via Charge ID 100697045 with Hdfc Bank Limited was fully satisfied on 01 Jul 2023.

    01 Jul 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 1.70 Cr with Charge ID 100738048 was registered on 23 Jun 2023.

    23 Jun 2023

  • Charges

    A charge registered on 18 May 2022 via Charge ID 100579420 with Hdfc Bank Limited was fully satisfied on 13 Jun 2023.

    13 Jun 2023

Frequently asked questions

  • Sourcewell Flours Private Limited was incorporated on 16 Aug 2013.

  • The authorized share capital of Sourcewell Flours Private Limited is ₹ 3.00 Cr and paid-up capital is ₹ 2.49 Cr.

  • Currently 2 directors are associated with Sourcewell Flours Private Limited.

    • Kapila Miglani
    • Nitin Miglani
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sourcewell Flours Private Limited is A-155, Dsidc Industrial Area Narela, Delhi, India, 110040.

  • The corporate identification number (CIN) of Sourcewell Flours Private Limited is U15122DL2013PTC256652 and the company number is 256652 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Sourcewell Flours Private Limited has risen by 2.19%.

  • As Per 2023 financial reports, 58 employees are currently employed by Sourcewell Flours Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Sourcewell Flours Private Limited has experienced an upsurge of 19.33%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Sourcewell Flours Private Limited amount to ₹ 32.44 Cr.

  • The most recent Balance Sheet for Sourcewell Flours Private Limited was filed with the ROC on 31 Mar 2023.

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