Subhash Sarees & Industries Profile
Key Indicators
- Authorised Capital ₹ 2.01 Cr
- Paid Up Capital ₹ 7.27 M
- Company Age 23 Year, 3 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 28.89 Cr
- Satisfied Charges ₹ 23.50 Cr
- Revenue Growth 14.26%
- Profit Growth 82.40%
- Ebitda 42.01%
- Net Worth 24.63%
- Total Assets -0.03%
About Subhash Sarees & Industries
Subhash Sarees & Industries Private Limited (SSIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 06 February 2002 and has a history of 23 years and three months. Its registered office is in Surat, Gujarat, India.
The Corporate was formerly known as Subhash Sarees Private Limited. The Company is engaged in the Manufacturing Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 2.01 Cr and a paid-up capital of Rs 7.27 M.
The company currently has active open charges totaling ₹28.89 Cr. The company has closed loans amounting to ₹23.50 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Subhash Sarees & Industries Private Limited India is Bipin Pillai as CEO. Subhash Agarwal and Abhishek Agarwal serve as directors at the Company.
Company Details
- Location
Surat, Gujarat, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U17119GJ2002PTC040429
- Company No.
040429
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
06 Feb 2002
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Manufacturing
What products or services does Subhash Sarees & Industries Private Limited offer?
Subhash Sarees & Industries Private Limited offers a wide range of products and services, including Sarees, Lehenga and Salwar Suits, Designer Sarees, Indian Sarees, Printed Sarees, Synthetic Saree.
Subhash Sarees & Industries Private Limited
Explore comprehensive data for Subhash Sarees & Industries Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Subhash Sarees & Industries?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Subhash Agarwal  | Managing Director | 06-Feb-2002 | Current |
| Abhishek Agarwal | Managing Director | 15-Sep-2008 | Current |
| Bipin Pillai | CEO | 01-Jul-2022 | Current |
Board Members
No Directors or KMP associated with company. Upon reviewing the records, we can confirm that there are no Directors or Key Management Personnel (KMP) associated with this company at present.
Financial Performance of Subhash Sarees & Industries.
Subhash Sarees & Industries Private Limited, for the financial year ended 2024, experienced significant growth in revenue, with a 14.26% increase. The company also saw a substantial improvement in profitability, with a 82.4% increase in profit. The company's net worth Soared by an impressive increase of 24.63%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Subhash Sarees & Industries?
In 2024, Subhash Sarees & Industries had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Surat Sewa FoundationSubhash Agarwal is a mutual person
- Modish Venture Llp
Abhishek Agarwal is a mutual person
Charges (Loans)
Open Charges
₹28.89 Cr
Satisfied Charges
₹23.50 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 19.89 Cr
- Others : 9.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 10 Jun 2024 | Others | ₹9.00 Cr | Open |
| 03 Aug 2017 | Hdfc Bank Limited | ₹13.19 Cr | Open |
| 03 Aug 2017 | Hdfc Bank Limited | ₹6.70 Cr | Open |
| 13 Aug 2014 | Others | ₹23.50 Cr | Satisfied |
How Many Employees Work at Subhash Sarees & Industries?
Subhash Sarees & Industries has a workforce of 116 employees as of Dec 21, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Subhash Sarees & Industries, 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 Subhash Sarees & Industries's trajectory.
Rating
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
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 Subhash Sarees & Industries
Recent activity within the organization
- Annual General Meeting
Subhash Sarees & Industries Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Charges
A charge with Others amounted to Rs. 9.00 Cr with Charge ID 100938206 was registered on 10 Jun 2024.
- Balance Sheet
Subhash Sarees & Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
- Charges
A charge registered on 13 Aug 2014 via Charge ID 10516199 with Others was fully satisfied on 09 Feb 2024.
- Director Appointment
Bipin Balachandran Pillai was appointed as a Ceo was appointed as a Ceo on 01 Jul 2022 & has been associated with this company since 2 years 10 months .
- Charges
A charge with Hdfc Bank Limited of Rs. 13.19 Cr registered on 03 Aug 2017 with Charge ID 100116040 was modified on 23 Dec 2021.
Frequently asked questions
What is the Incorporation or founding date of Subhash Sarees & Industries Private Limited?
Subhash Sarees & Industries Private Limited was incorporated on 06 Feb 2002.
What is authorized share capital and paid-up capital of Subhash Sarees & Industries Private Limited?
The authorized share capital of Subhash Sarees & Industries Private Limited is ₹ 2.01 Cr and paid-up capital is ₹ 7.27 M.
Who are the current board members & directors of Subhash Sarees & Industries Private Limited?
Currently 3 directors are associated with Subhash Sarees & Industries Private Limited.
- Subhash Satyanarayan Agarwal
- Abhishek Subhashkumar Agarwal
- Bipin Balachandran Pillai
What is the registered address of Subhash Sarees & Industries Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Subhash Sarees & Industries Private Limited is Shop No. 1019 To 1021 3Rd Floor New Sardar Traders Market Puna Kumbhari Ya Road, India, Surat, Gujarat, 395010.
What is the corporate identification number (CIN) and company number of Subhash Sarees & Industries Private Limited?
The corporate identification number (CIN) of Subhash Sarees & Industries Private Limited is U17119GJ2002PTC040429 and the company number is 040429 as per Ministry of Corporate Affairs (MCA).
What is the official website of Subhash Sarees & Industries Private Limited?
The Official website of Subhash Sarees & Industries Private Limited is https://www.subhashsarees.co.in
What has been the recent revenue trend for Subhash Sarees & Industries Private Limited?
According to the financial reports for the fiscal year 2024, the revenue trend for Subhash Sarees & Industries Private Limited has risen by 14.26%.
How many employees does Subhash Sarees & Industries Private Limited currently have?
As Per 2024 financial reports, 116 employees are currently employed by Subhash Sarees & Industries Private Limited.
What change has been observed in the net worth of Subhash Sarees & Industries Private Limited, and by what percentage?
The financial reports for the fiscal year 2024 indicates that The net worth of Subhash Sarees & Industries Private Limited has experienced an upsurge of 24.63%.
What are the total open charges for Subhash Sarees & Industries Private Limited?
As per the financial statements for fiscal Year 2024, The total open charges for Subhash Sarees & Industries Private Limited amount to ₹ 28.89 Cr.
When was the last Balance Sheet of Subhash Sarees & Industries Private Limited filed with the ROC?
The most recent Balance Sheet for Subhash Sarees & Industries Private Limited was filed with the ROC on 31 Mar 2024.
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