Square Textile Ventures Private Limited

Textile trading, commission agent, and management services since 1989.

1989 | Ludhiana, Punjab (India) | Active
Last Updated: July 04, 2024

Square Textile Ventures Profile

Key Indicators

  • Authorised Capital ₹ 4.00 M
  • Paid Up Capital ₹ 3.50 M
  • Company Age 35 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 36.54 Cr
  • Revenue Growth 1236.11%
  • Profit Growth 5.79%
  • Ebitda -8.52%
  • Net Worth 47.98%
  • Total Assets 816.39%

About Square Textile Ventures

Square Textile Ventures Private Limited (STVPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 28 April 1989 and has a history of 35 years and nine months. Its registered office is in Ludhiana, Punjab, India.

The Corporate was formerly known as Synergy Exim Private Limited. The Company is engaged in the Home & Lifestyle 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 4.00 M and a paid-up capital of Rs 3.50 M.

The company currently has active open charges totaling ₹36.54 Cr.

Vandana Verma, Sain Verma, and Vivek Verma serve as directors at the Company.

Company Details

  • Location

    Ludhiana, Punjab, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17100PB1989PTC009169

  • Company No.

    009169

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    28 Apr 1989

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Home & Lifestyle

Who are the key members and board of directors at Square Textile Ventures?

Board Members (3)

Name Designation Appointment Date Status
Vandana Verma Country flag representing In Director 13-Apr-2018 Current
Sain Verma Country flag representing In Director 04-Dec-2003 Current
Vivek Verma Country flag representing In Director 04-Dec-2003 Current

Financial Performance of Square Textile Ventures.

Square Textile Ventures Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 1236.11% increase. The company also saw a slight improvement in profitability, with a 5.79% increase in profit. The company's net worth Soared by an impressive increase of 47.98%.

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
1236.11%
Revenue from Operations
1224.45%
Total Assets
816.39%
Profit or Loss
5.79%
Net Worth
47.98%
EBITDA
-8.52%

What is the Ownership and Shareholding Structure of Square Textile Ventures?

In 2023, Square Textile Ventures had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹365.36 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Standard Chartered Bank : 21.00 Cr
  • Others : 15.45 Cr
  • State Bank Of India : 0.09 Cr

Latest Charge Details

Date Lender Amount Status
29 Sep 2023 Standard Chartered Bank ₹20.00 Cr Open
29 Sep 2023 Standard Chartered Bank ₹1.00 Cr Open
13 Jul 2023 Others ₹4.50 M Open
03 Apr 2023 Others ₹5.00 Cr Open
21 Mar 2023 Others ₹10.00 Cr Open

How Many Employees Work at Square Textile Ventures?

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

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Square Textile Ventures, 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 Square Textile Ventures'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 Square Textile Ventures

Recent activity within the organization

  • Annual General Meeting

    Square Textile Ventures 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 Standard Chartered Bank amounted to Rs. 200.00 M with Charge ID 100787834 was registered on 29 Sep 2023.

    29 Sep 2023

  • Charges

    A charge with Standard Chartered Bank amounted to Rs. 10.00 M with Charge ID 100787838 was registered on 29 Sep 2023.

    29 Sep 2023

  • Charges

    A charge with Others amounted to Rs. 4.50 M with Charge ID 100758587 was registered on 13 Jul 2023.

    13 Jul 2023

  • Charges

    A charge with Others amounted to Rs. 50.00 M with Charge ID 100699720 was registered on 03 Apr 2023.

    03 Apr 2023

  • Balance Sheet

    Square Textile Ventures Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chandigarh.

    31 Mar 2023

Frequently asked questions

  • Square Textile Ventures Private Limited was incorporated on 28 Apr 1989.

  • The authorized share capital of Square Textile Ventures Private Limited is ₹ 4.00 M and paid-up capital is ₹ 3.50 M.

  • Currently 3 directors are associated with Square Textile Ventures Private Limited.

    • Vandana Verma
    • Sain Dass Verma
    • Vivek Verma
  • As per Ministry of Corporate Affairs (Mca), the registered address of Square Textile Ventures Private Limited is House No. 309 Sector-C Brs Nagar, Ludhiana, Punjab, India, 141004.

  • The corporate identification number (CIN) of Square Textile Ventures Private Limited is U17100PB1989PTC009169 and the company number is 009169 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Square Textile Ventures Private Limited has risen by 1236.11%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Square Textile Ventures Private Limited has experienced an upsurge of 47.98%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Square Textile Ventures Private Limited amount to ₹ 36.54 Cr.

  • The most recent Balance Sheet for Square Textile Ventures Private Limited was filed with the ROC on 31 Mar 2023.