Suncity Synthetics Profile
Key Indicators
- Authorised Capital ₹ 7.00 Cr
- Paid Up Capital ₹ 4.95 Cr
- Company Age 37 Year, 2 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 23.33 Cr
- Satisfied Charges ₹ 3.56 Cr
- Revenue Growth -34.40%
- Profit Growth -143.67%
- Ebitda -77.61%
- Net Worth -160.16%
- Total Assets -17.79%
About Suncity Synthetics
Suncity Synthetics Limited (SSL) is a leading Public Limited Indian Non-Government Company incorporated in India on 25 February 1988 and has a history of 37 years and two months. Its registered office is in Surat, Gujarat, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 530795.
The Corporate was formerly known as Suncity Synthetics 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 2023. It's a company limited by shares with an authorized capital of Rs 7.00 Cr and a paid-up capital of Rs 4.95 Cr.
The company currently has active open charges totaling ₹23.33 Cr. The company has closed loans amounting to ₹3.56 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Suncity Synthetics Limited India are Suresh Kawarjain as CFO and Mridula Agarwal as Company Secretary. Suresh Kawarjain, Poonam Kawar, Rachana Kataria, and Two other members 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
L17110GJ1988PLC010397
- Company No.
010397
- Stock Symbol
BSE : 530795
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
25 Feb 1988
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Listed
- ROC Code
Roc Ahmedabad
Industry
Manufacturing
What products or services does Suncity Synthetics Limited offer?
Suncity Synthetics Limited offers a wide range of products and services, including Nylon Granule, Nylon 66 Granule, Engineering and Shipping Ropes, Plastic Ropes, Yarns & Threads, Synthetic Fibers, Fibers, Polyester Staple Fibre, Fibre Rope, Hollow Conjugated Fiber.
Suncity Synthetics Limited
Explore comprehensive data for Suncity Synthetics Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Suncity Synthetics?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Suresh Kawarjain  | Managing Director | 25-Feb-1988 | Current |
| Mridula Agarwal | Company Secretary | 28-Feb-2020 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Poonam Kawar | Whole-Time Director | 01-Dec-2010 | Current |
| Rachana Kataria | Director | 31-Jul-2003 | Current |
| Deepak Sharma | Director | 30-Aug-2013 | Current |
| Dungar Mali | Director | 30-Jul-2020 | Current |
Financial Performance of Suncity Synthetics.
Suncity Synthetics Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 34.4% decrease. The company also saw a substantial fall in profitability, with a 143.67% decrease in profit. The company's net worth observed a substantial decline by a decrease of 160.16%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Suncity Synthetics?
In 2022, Suncity Synthetics had a promoter holding of 45.46% and a public holding of 54.53%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Dhara Fabrics Pvt LtdPoonam Kawar is a mutual person
- Elegancia Granite Private Limited
Rachana Kataria is a mutual person
Charges (Loans)
Open Charges
₹23.33 Cr
Satisfied Charges
₹3.56 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 16.33 Cr
- State Bank Of Bikaner And Jaipur : 7.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 14 Feb 2014 | State Bank Of India | ₹6.53 Cr | Open |
| 11 Apr 2013 | State Bank Of Bikaner And Jaipur | ₹2.00 Cr | Open |
| 28 Sep 2011 | State Bank Of Bikaner And Jaipur | ₹5.00 Cr | Open |
| 28 Sep 2011 | State Bank Of India | ₹9.80 Cr | Open |
| 17 Nov 2005 | Indus Ind Bank Limited | ₹1.25 Cr | Satisfied |
How Many Employees Work at Suncity Synthetics?
Unlock and access historical data on people associated with Suncity Synthetics, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Suncity Synthetics, 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 Suncity Synthetics'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 Suncity Synthetics
Recent activity within the organization
- Annual General Meeting
Suncity Synthetics Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Balance Sheet
Suncity Synthetics Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.
- Charges
A charge with State Bank Of India of Rs. 6.53 Cr registered on 14 Feb 2014 with Charge ID 10480606 was modified on 12 Feb 2021.
- Director Appointment
Dungar Ram Mali was appointed as a Director was appointed as a Director on 30 Jul 2020 & has been associated with this company since 4 years 9 months .
- Charges
A charge with State Bank Of India of Rs. 9.80 Cr registered on 28 Sep 2011 with Charge ID 10317864 was modified on 16 Sep 2017.
- Charges
A charge with State Bank Of India amounted to Rs. 6.53 Cr with Charge ID 10480606 was registered on 14 Feb 2014.
Frequently asked questions
What is the Incorporation or founding date of Suncity Synthetics Limited?
Suncity Synthetics Limited was incorporated on 25 Feb 1988.
What is authorized share capital and paid-up capital of Suncity Synthetics Limited?
The authorized share capital of Suncity Synthetics Limited is ₹ 7.00 Cr and paid-up capital is ₹ 4.95 Cr.
Who are the current board members & directors of Suncity Synthetics Limited?
Currently 7 directors are associated with Suncity Synthetics Limited.
- Suresh Dhanraj Kawarjain
- Poonam Suresh Kawar
- Rachana Akshaya Kataria
- Deepak Sharma
- Dungar Ram Mali
- Suresh Dhanraj Kawarjain
- Mridula Agarwal
What is the registered address of Suncity Synthetics Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Suncity Synthetics Limited is 205 Rajhans Complex Nr. Nirmal Childrens, Hospital Ring Road, Surat, Gujarat, India, 395002.
What is the corporate identification number (CIN) and company number of Suncity Synthetics Limited?
The corporate identification number (CIN) of Suncity Synthetics Limited is L17110GJ1988PLC010397 and the company number is 010397 as per Ministry of Corporate Affairs (MCA).
Is Suncity Synthetics Limited registered with any stock exchange in India?
Yes, Suncity Synthetics Limited is registered on Bombay Stock Exchange (BSE).
What is the official website of Suncity Synthetics Limited?
The Official website of Suncity Synthetics Limited is https://www.suncitysyntheticsltd.in
What has been the recent revenue trend for Suncity Synthetics Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Suncity Synthetics Limited has fallen by -34.40%.
What change has been observed in the net worth of Suncity Synthetics Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Suncity Synthetics Limited has experienced an downturn of -160.16%.
What are the total open charges for Suncity Synthetics Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Suncity Synthetics Limited amount to ₹ 23.33 Cr.
When was the last Balance Sheet of Suncity Synthetics Limited filed with the ROC?
The most recent Balance Sheet for Suncity Synthetics Limited was filed with the ROC on 31 Mar 2023.
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