Sowtex Network Private Limited

Online B2B marketplace for trading textile products, serving clients such as PCJS Group and KG Group.

2016 | Delhi (India) | Active
Last Updated:

Sowtex Network Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 4.68 M
  • Company Age 8 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth 245.76%
  • Profit Growth -29.59%
  • Ebitda 16.42%
  • Net Worth -49.20%
  • Total Assets 9.38%

About Sowtex Network

Sowtex Network Private Limited (SNPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 04 October 2016 (Eight years and seven months 11 days old ). Its registered office is in Delhi, India.

The Corporate was formerly known as Sotex Network Private Limited. The Company is engaged in the E-Commerce 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 5.00 M and a paid-up capital of Rs 4.68 M, as per Ministry of Corporate Affairs (MCA) records.

Sonil Jain, Ekta Jain, and Shailesh Jain serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

  • Apps

Corporate Identity Details

  • CIN/LLPIN

    U17299DL2016PTC306764

  • Company No.

    306764

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    04 Oct 2016

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

E-Commerce
Company report

Sowtex Network Private Limited

Explore comprehensive data for Sowtex Network Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Sowtex Network?

Board Members (3)

NameDesignationAppointment DateStatus
Sonil Jain Country flag representing In Director 04-Oct-2016Current
Ekta Jain Country flag representing In Director 17-Jul-2018Current
Shailesh Jain Country flag representing In Director 15-Mar-2022Current

Financial Performance of Sowtex Network.

Sowtex Network Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 245.76% increase. The company also saw a substantial fall in profitability, with a 29.59% decrease in profit. The company's net worth observed a substantial decline by a decrease of 49.2%.

Sowtex Network revenue growth over time
Sowtex Network 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
245.76%
Revenue from Operations
244.63%
Total Assets
9.38%
Profit or Loss
-29.59%
Net Worth
-49.20%
EBITDA
16.42%

What is the Ownership and Shareholding Structure of Sowtex Network?

In 2023, Sowtex Network had a promoter holding of 97.01% and a public holding of 2.99%. The company had 2 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Sowtex Network?

Unlock and access historical data on people associated with Sowtex Network, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Sowtex Network Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Sowtex Network, 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 Sowtex Network'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 Sowtex Network

Recent activity within the organization

  • Annual General Meeting

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

  • Balance Sheet

    Sowtex Network Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.

  • Director Appointment

    Shailesh Jain was appointed as a Director was appointed as a Director on 15 Mar 2022 & has been associated with this company since 3 years 2 months .

  • Director Appointment

    Ekta Jain was appointed as a Director was appointed as a Director on 17 Jul 2018 & has been associated with this company since 6 years 9 months .

  • Director Appointment

    Sonil Jain was appointed as a Director was appointed as a Director on 04 Oct 2016 & has been associated with this company since 8 years 7 months .

  • Company Incorporation

    Sowtex Network Private Limited was registered on 04 Oct 2016 with Roc Delhi & aged 8 years 7 months as per MCA records.

Frequently asked questions

  • What is the Incorporation or founding date of Sowtex Network Private Limited?

    Sowtex Network Private Limited was incorporated on 04 Oct 2016.

  • What is authorized share capital and paid-up capital of Sowtex Network Private Limited?

    The authorized share capital of Sowtex Network Private Limited is ₹ 5.00 M and paid-up capital is ₹ 4.68 M.

  • Who are the current board members & directors of Sowtex Network Private Limited?

    Currently 3 directors are associated with Sowtex Network Private Limited.

    • Sonil Jain
    • Ekta Jain
    • Shailesh Jain

  • What is the registered address of Sowtex Network Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Sowtex Network Private Limited is House No.-7 Veer Jain Colony India, New Delhi, 110007.

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

    The corporate identification number (CIN) of Sowtex Network Private Limited is U17299DL2016PTC306764 and the company number is 306764 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Sowtex Network Private Limited?

    The Official website of Sowtex Network Private Limited is https://www.sowtex.com

  • What has been the recent revenue trend for Sowtex Network Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Sowtex Network Private Limited has risen by 245.76%.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Sowtex Network Private Limited has experienced an downturn of -49.20%.

  • When was the last Balance Sheet of Sowtex Network Private Limited filed with the ROC?

    The most recent Balance Sheet for Sowtex Network Private Limited was filed with the ROC on 31 Mar 2023.

Unlock Business Insights – Explore Instantly!

Search company & director profiles for free and gain access to critical business data.

  • 3.1M+ Companies
  • 15M+ Legal Cases
  • 525K+ Credit Ratings
  • 5.8M+ Directors & KMP
  • 750K+ Regulatory Alerts
  • 1.1M+ Companies' Financial Records
Start Free Trial

People also Viewed

Similar Companies Based on Online Apparel Retail