Sumit Sarees Pvt Ltd

Trading company specializing in sarees, dress materials, and textile products since 1995.

1995 | Kolkata, West Bengal (India) | Active
Last Updated: November 17, 2024

Sumit Sarees Profile

Key Indicators

  • Authorised Capital ₹ 4.75 Cr
  • Paid Up Capital ₹ 3.72 Cr
  • Company Age 29 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 3.00 Cr
  • Revenue Growth 26.61%
  • Profit Growth -64.73%
  • Ebitda -54.51%
  • Net Worth 2.58%
  • Total Assets 2.38%

About Sumit Sarees

Sumit Sarees Pvt Ltd (SSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 27 March 1995 and has a history of 29 years and ten months. Its registered office is in Kolkata, West Bengal, India.

The Company is engaged in the Fashion And Textile 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 4.75 Cr and a paid-up capital of Rs 3.72 Cr.

The company has closed loans amounting to ₹3.00 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Sarita Choudhary and Shriprakash Choudhary serve as directors at the Company.

Company Details

  • Location

    Kolkata, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17111WB1995PTC070048

  • Company No.

    070048

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    27 Mar 1995

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Fashion and Textile

Who are the key members and board of directors at Sumit Sarees?

Executive Team (1)

Name Designation Appointment Date Status
Shriprakash Choudhary Country flag representing In Managing Director 27-Mar-1995 Current

Board Members (1)

Name Designation Appointment Date Status
Sarita Choudhary Country flag representing In Whole-Time Director 27-Mar-1995 Current

Financial Performance of Sumit Sarees.

Sumit Sarees Pvt Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 26.61% increase. The company also saw a substantial fall in profitability, with a 64.73% decrease in profit. The company's net worth moved up by a moderate rise of 2.58%.

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
26.61%
Revenue from Operations
28.11%
Total Assets
2.38%
Profit or Loss
-64.73%
Net Worth
2.58%
EBITDA
-54.51%

What is the Ownership and Shareholding Structure of Sumit Sarees?

In 2023, Sumit Sarees 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

₹0

Satisfied Charges

₹3.00 Cr

Charges Breakdown by Lending Institutions

  • Standard Chartered Bank : 3.00 Cr

Latest Charge Details

Date Lender Amount Status
18 Sep 2009 Standard Chartered Bank ₹3.00 Cr Satisfied

How Many Employees Work at Sumit Sarees?

Sumit Sarees has a workforce of 30 employees as of Mar 23, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Sumit Sarees, 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 Sumit Sarees'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 Sumit Sarees

Recent activity within the organization

  • Annual General Meeting

    Sumit Sarees Pvt Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Sumit Sarees Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata.

    31 Mar 2024

  • Charges

    A charge registered on 18 Sep 2009 via Charge ID 10178492 with Standard Chartered Bank was fully satisfied on 14 Nov 2013.

    14 Nov 2013

  • Charges

    A charge with Standard Chartered Bank amounted to Rs. 3.00 Cr with Charge ID 10178492 was registered on 18 Sep 2009.

    18 Sep 2009

  • Director Appointment

    Sarita Choudhary was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 27 Mar 1995 & has been associated with this company since 29 years 10 months .

    27 Mar 1995

  • Director Appointment

    Shriprakash Choudhary was appointed as a Managing Director was appointed as a Managing Director on 27 Mar 1995 & has been associated with this company since 29 years 10 months .

    27 Mar 1995

Frequently asked questions

  • Sumit Sarees Pvt Ltd was incorporated on 27 Mar 1995.

  • The authorized share capital of Sumit Sarees Pvt Ltd is ₹ 4.75 Cr and paid-up capital is ₹ 3.72 Cr.

  • Currently 2 directors are associated with Sumit Sarees Pvt Ltd.

    • Sarita Choudhary
    • Shriprakash Choudhary
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sumit Sarees Pvt Ltd is 113 Park St Ground Flpoddar Point India, Kolkata, West Bengal, 700016.

  • The corporate identification number (CIN) of Sumit Sarees Pvt Ltd is U17111WB1995PTC070048 and the company number is 070048 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Sumit Sarees Pvt Ltd has risen by 26.61%.

  • As Per 2023 financial reports, 30 employees are currently employed by Sumit Sarees Pvt Ltd.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Sumit Sarees Pvt Ltd has experienced an upsurge of 2.58%.

  • The most recent Balance Sheet for Sumit Sarees Pvt Ltd was filed with the ROC on 31 Mar 2024.