Sumangalam Suitings Private Limited

Textile manufacturing and exporting company based in Rajasthan since 1993.

1993 | Bhilwara, Rajasthan (India) | Active
Last Updated:

Sumangalam Suitings Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 8.75 M
  • Company Age 32 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 6.23 Cr
  • Satisfied Charges ₹ 3.70 M
  • Revenue Growth -12.50%
  • Profit Growth -5.20%
  • Ebitda -6.07%
  • Net Worth 3.74%
  • Total Assets -10.09%

About Sumangalam Suitings

Sumangalam Suitings Private Limited (SSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 20 January 1993 and has a history of 32 years and two months. Its registered office is in Bhilwara, Rajasthan, India.

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 1.00 Cr and a paid-up capital of Rs 8.75 M.

The company currently has active open charges totaling ₹6.23 Cr. The company has closed loans amounting to ₹3.70 M, as per Ministry of Corporate Affairs (MCA) records.

Jugal Bagrodia, Sandeep Bagrodia, Sushil Goenka, and One other member 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

    U18108RJ1993PTC007171

  • Company No.

    007171

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    20 Jan 1993

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Jaipur

Industry

Manufacturing

Who are the key members and board of directors at Sumangalam Suitings?

Board Members (4)

NameDesignationAppointment DateStatus
Jugal Bagrodia Country flag representing In Director 20-Jan-1993Current
Sandeep Bagrodia Country flag representing In Director 30-Mar-2002Current
Sushil Goenka Country flag representing In Director 30-Mar-2002Current
Krishan Goenka Country flag representing In Director 17-Feb-2008Current

Financial Performance of Sumangalam Suitings.

Sumangalam Suitings Private Limited, for the financial year ended 2016, experienced significant reduction in revenue, with a 12.5% decrease. The company also saw a slight decrease in profitability, with a 5.2% decrease in profit. The company's net worth moved up by a moderate rise of 3.74%.

Sumangalam Suitings revenue growth over time
Sumangalam Suitings 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
-12.50%
Revenue from Operations
-11.91%
Total Assets
-10.09%
Profit or Loss
-5.20%
Net Worth
3.74%
EBITDA
-6.07%

What is the Ownership and Shareholding Structure of Sumangalam Suitings?

In 2017, Sumangalam Suitings had a promoter holding of 35.46% and a public holding of 64.54%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹6.23 Cr

Satisfied Charges

₹0.37 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 4.90 Cr
  • Sidbi : 0.83 Cr
  • Hdfc Bank Limited : 0.50 Cr

Latest Charge Details

DateLenderAmountStatus
22 Jan 2024Hdfc Bank Limited₹2.90 MOpen
11 Nov 2022Sidbi₹8.32 MOpen
30 Dec 2021Hdfc Bank Limited₹0.70 MOpen
22 Jan 2021Hdfc Bank Limited₹1.40 MOpen
28 Mar 2003State Bank Of India₹4.90 CrOpen

How Many Employees Work at Sumangalam Suitings?

Sumangalam Suitings has a workforce of 52 employees as of Mar 29, 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 Sumangalam Suitings Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Sumangalam Suitings, 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 Sumangalam Suitings'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 Sumangalam Suitings

Recent activity within the organization

  • Annual General Meeting

    Sumangalam Suitings Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Sumangalam Suitings Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Jaipur.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.29 Cr with Charge ID 100861622 was registered on 22 Jan 2024.

  • Charges

    A charge with State Bank Of India of Rs. 4.90 Cr registered on 28 Mar 2003 with Charge ID 90075255 was modified on 18 Nov 2022.

  • Charges

    A charge with Sidbi amounted to Rs. 0.83 Cr with Charge ID 100627094 was registered on 11 Nov 2022.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.07 Cr with Charge ID 100521515 was registered on 30 Dec 2021.

Frequently asked questions

  • What is the Incorporation or founding date of Sumangalam Suitings Private Limited?

    Sumangalam Suitings Private Limited was incorporated on 20 Jan 1993.

  • What is authorized share capital and paid-up capital of Sumangalam Suitings Private Limited?

    The authorized share capital of Sumangalam Suitings Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 8.75 M.

  • Who are the current board members & directors of Sumangalam Suitings Private Limited?

    Currently 4 directors are associated with Sumangalam Suitings Private Limited.

    • Jugal Kishore Bagrodia
    • Sandeep Bagrodia
    • Sushil Kumar Goenka
    • Krishan Kumar Goenka

  • What is the registered address of Sumangalam Suitings Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Sumangalam Suitings Private Limited is G.8 Riico Industrial Area, India, Bhilwara, Rajasthan, 311001.

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

    The corporate identification number (CIN) of Sumangalam Suitings Private Limited is U18108RJ1993PTC007171 and the company number is 007171 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Sumangalam Suitings Private Limited?

    According to the financial reports for the fiscal year 2016, the revenue trend for Sumangalam Suitings Private Limited has fallen by -12.50%.

  • How many employees does Sumangalam Suitings Private Limited currently have?

    As Per 2016 financial reports, 52 employees are currently employed by Sumangalam Suitings Private Limited.

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

    The financial reports for the fiscal year 2016 indicates that The net worth of Sumangalam Suitings Private Limited has experienced an upsurge of 3.74%.

  • What are the total open charges for Sumangalam Suitings Private Limited?

    As per the financial statements for fiscal Year 2016, The total open charges for Sumangalam Suitings Private Limited amount to ₹ 6.23 Cr.

  • When was the last Balance Sheet of Sumangalam Suitings Private Limited filed with the ROC?

    The most recent Balance Sheet for Sumangalam Suitings Private Limited was filed with the ROC on 31 Mar 2024.

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