Sumati Spintex Private Limited

Manufacturer and exporter of organic and dyed cotton yarn with large production capacity.

2013 | Mumbai, Maharashtra (India) | Active
Last Updated:

Sumati Spintex Profile

Key Indicators

  • Authorised Capital ₹ 12.00 Cr
  • Paid Up Capital ₹ 11.95 Cr
  • Company Age 12 Year, 16 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 56.05 Cr
  • Satisfied Charges ₹ 126.08 Cr
  • Revenue Growth -24.12%
  • Profit Growth -95.08%
  • Ebitda -39.23%
  • Net Worth 1.90%
  • Total Assets 7.67%

About Sumati Spintex

Sumati Spintex Private Limited (SSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 29 March 2013 and has a history of 12 years. Its registered office is in Mumbai, Maharashtra, 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 12.00 Cr and a paid-up capital of Rs 11.95 Cr.

The company currently has active open charges totaling ₹56.05 Cr. The company has closed loans amounting to ₹126.08 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Sumati Spintex Private Limited India is Sunil Giri as COMPANY SECRETARY. Ashok Kumar, Mukesh Bagadia, Pranay Maurya, and Two other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U17120MH2013PTC241489

  • Company No.

    241489

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    29 Mar 2013

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Manufacturing
Company report

Sumati Spintex Private Limited

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

Who are the key members and board of directors at Sumati Spintex?

Executive Team (2)

NameDesignationAppointment DateStatus
Sunil Giri Company Secretary01-Apr-2021Current
Ganpath Jain Country flag representing In Managing Director29-Mar-2013Current

Board Members (4)

NameDesignationAppointment DateStatus
Ashok Kumar Country flag representing In Director 01-Jun-2013Current
Mukesh Bagadia Country flag representing In Director 01-Mar-2017Current
Pranay Maurya Country flag representing In Director 01-Jun-2013Current
Priya Jain Country flag representing In Director 03-Sep-2022Current

Financial Performance of Sumati Spintex.

Sumati Spintex Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 24.12% decrease. The company also saw a substantial fall in profitability, with a 95.08% decrease in profit. The company's net worth moved up by a moderate rise of 1.9%.

Sumati Spintex revenue growth over time
Sumati Spintex 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
-24.12%
Revenue from Operations
-25.10%
Total Assets
7.67%
Profit or Loss
-95.08%
Net Worth
1.90%
EBITDA
-39.23%

What is the Ownership and Shareholding Structure of Sumati Spintex?

In 2023, Sumati Spintex had a promoter holding of 16.05% and a public holding of 83.96%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹56.05 Cr

Satisfied Charges

₹126.08 Cr

Charges Breakdown by Lending Institutions

  • Others : 56.05 Cr

Latest Charge Details

DateLenderAmountStatus
11 Jun 2024Others₹5.25 CrOpen
11 Jun 2024Others₹20.00 CrOpen
11 Jun 2024Others₹8.00 MOpen
31 Oct 2023Others₹5.00 CrOpen
31 Oct 2023Others₹25.00 CrOpen

How Many Employees Work at Sumati Spintex?

Sumati Spintex has a workforce of 198 employees as of Apr 04, 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 Sumati Spintex Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Sumati Spintex, 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 Sumati Spintex'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 Sumati Spintex

Recent activity within the organization

  • Charges

    A charge registered on 12 May 2015 via Charge ID 10568990 with Others was fully satisfied on 16 Jan 2025.

  • Charges

    A charge with Others of Rs. 20.00 Cr registered on 11 Jun 2024 with Charge ID 100941877 was modified on 30 Dec 2024.

  • Annual General Meeting

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

  • Charges

    A charge registered on 04 May 2023 via Charge ID 100724083 with Others was fully satisfied on 21 Sep 2024.

  • Charges

    A charge registered on 04 Feb 2023 via Charge ID 100680445 with Others was fully satisfied on 21 Sep 2024.

  • Charges

    A charge registered on 24 Apr 2015 via Charge ID 10569074 with Others was fully satisfied on 21 Sep 2024.

Frequently asked questions

  • What is the Incorporation or founding date of Sumati Spintex Private Limited?

    Sumati Spintex Private Limited was incorporated on 29 Mar 2013.

  • What is authorized share capital and paid-up capital of Sumati Spintex Private Limited?

    The authorized share capital of Sumati Spintex Private Limited is ₹ 12.00 Cr and paid-up capital is ₹ 11.95 Cr.

  • Who are the current board members & directors of Sumati Spintex Private Limited?

    Currently 6 directors are associated with Sumati Spintex Private Limited.

    • Sunil Ramyagya Giri
    • Ashok Kumar
    • Mukesh Chandulal Bagadia
    • Pranay Maurya
    • Ganpath Ratanchand Jain
    • Priya Ganpath Jain

  • What is the registered address of Sumati Spintex Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Sumati Spintex Private Limited is 323 Hari Om Plaza M.G. Road Opp. National Park Borivali (East), India, Mumbai, Maharashtra, 400066.

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

    The corporate identification number (CIN) of Sumati Spintex Private Limited is U17120MH2013PTC241489 and the company number is 241489 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Sumati Spintex Private Limited?

    The Official website of Sumati Spintex Private Limited is https://www.sumatispintex.com

  • What has been the recent revenue trend for Sumati Spintex Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Sumati Spintex Private Limited has fallen by -24.12%.

  • How many employees does Sumati Spintex Private Limited currently have?

    As Per 2023 financial reports, 198 employees are currently employed by Sumati Spintex Private Limited.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Sumati Spintex Private Limited has experienced an upsurge of 1.90%.

  • What are the total open charges for Sumati Spintex Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Sumati Spintex Private Limited amount to ₹ 56.05 Cr.

  • When was the last Balance Sheet of Sumati Spintex Private Limited filed with the ROC?

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

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