Sungrace Fabrics Pvt Ltd

Manufacturer of various types of fabric, established in 1994 and based in Ludhiana, Punjab.

1994 | Ludhiana, Punjab (India) | Active
Last Updated: November 16, 2024

Sungrace Fabrics Profile

Key Indicators

  • Authorised Capital ₹ 2.00 M
  • Paid Up Capital ₹ 1.95 M
  • Company Age 30 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.36 Cr
  • Satisfied Charges ₹ 6.36 M
  • Revenue Growth -38.44%
  • Profit Growth -89.81%
  • Ebitda 34.45%
  • Net Worth 2.47%
  • Total Assets -18.77%

About Sungrace Fabrics

Sungrace Fabrics Pvt Ltd (SFPL) is a Private Limited Indian Non-Government Company incorporated in India on 10 May 1994 and has a history of 30 years and nine months. Its registered office is in Ludhiana, Punjab, 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 2.00 M and a paid-up capital of Rs 1.95 M.

The company currently has active open charges totaling ₹1.36 Cr. The company has closed loans amounting to ₹6.36 M, as per Ministry of Corporate Affairs (MCA) records.

Rajiv Jain, Joginder Jain, and Neena Jain serve as directors at the Company.

Company Details

  • Location

    Ludhiana, Punjab, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17117PB1994PTC014551

  • Company No.

    014551

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    10 May 1994

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Manufacturing

What products or services does Sungrace Fabrics Pvt Ltd offer?

Sungrace Fabrics Pvt Ltd offers a wide range of products and services, including Apparel Fabrics & Clothing Textiles, Cotton Textile, Jersey & Knitted Fabric, Polyester Yarn, Polyester Textured Yarn, Stretch Fabric, Lycra Fabric, Rib Fabric, Printed Fabrics, Knitted Fabrics.

Who are the key members and board of directors at Sungrace Fabrics?

Board Members (3)

Name Designation Appointment Date Status
Rajiv Jain Country flag representing In Director 10-May-1994 Current
Joginder Jain Country flag representing In Director 10-May-1994 Current
Neena Jain Country flag representing In Director 10-May-1994 Current

Financial Performance of Sungrace Fabrics.

Sungrace Fabrics Pvt Ltd, for the financial year ended 2023, experienced significant reduction in revenue, with a 38.44% decrease. The company also saw a substantial fall in profitability, with a 89.81% decrease in profit. The company's net worth moved up by a moderate rise of 2.47%.

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
-38.44%
Revenue from Operations
-37.00%
Total Assets
-18.77%
Profit or Loss
-89.81%
Net Worth
2.47%
EBITDA
34.45%

What is the Ownership and Shareholding Structure of Sungrace Fabrics?

In 2023, Sungrace Fabrics 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

₹13.56 M

Satisfied Charges

₹6.36 M

Charges Breakdown by Lending Institutions

  • Others : 0.94 Cr
  • Central Bank Of India : 0.32 Cr
  • Hdfc Bank Limited : 0.10 Cr

Latest Charge Details

Date Lender Amount Status
01 Jul 2021 Hdfc Bank Limited ₹1.00 M Open
24 Nov 2020 Others ₹9.36 M Open
21 Jun 2014 Central Bank Of India ₹1.20 M Open
17 Sep 2007 Central Bank Of India ₹2.00 M Open
05 Jan 2013 Central Bank Of India ₹1.50 M Satisfied

How Many Employees Work at Sungrace Fabrics?

Unlock and access historical data on people associated with Sungrace Fabrics, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Sungrace Fabrics, 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 Sungrace Fabrics'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 Sungrace Fabrics

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

    Sungrace Fabrics Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.

    31 Mar 2024

  • Charges

    A charge with Others of Rs. 9.36 M registered on 24 Nov 2020 with Charge ID 100406003 was modified on 28 Mar 2022.

    28 Mar 2022

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 1.00 M with Charge ID 100472316 was registered on 01 Jul 2021.

    01 Jul 2021

  • Charges

    A charge with Others amounted to Rs. 9.36 M with Charge ID 100406003 was registered on 24 Nov 2020.

    24 Nov 2020

  • Charges

    A charge registered on 05 Jan 2013 via Charge ID 10399109 with Central Bank Of India was fully satisfied on 07 Apr 2018.

    07 Apr 2018

Frequently asked questions

  • Sungrace Fabrics Pvt Ltd was incorporated on 10 May 1994.

  • The authorized share capital of Sungrace Fabrics Pvt Ltd is ₹ 2.00 M and paid-up capital is ₹ 1.95 M.

  • Currently 3 directors are associated with Sungrace Fabrics Pvt Ltd.

    • Rajiv Kumar Jain
    • Joginder Lal Jain
    • Neena Jain
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sungrace Fabrics Pvt Ltd is Anandpuri Colonykali Sarak Near Jalandhar Bye Pass India, Ludhiana, Punjab, 141008.

  • The corporate identification number (CIN) of Sungrace Fabrics Pvt Ltd is U17117PB1994PTC014551 and the company number is 014551 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Sungrace Fabrics Pvt Ltd has fallen by -38.44%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Sungrace Fabrics Pvt Ltd has experienced an upsurge of 2.47%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Sungrace Fabrics Pvt Ltd amount to ₹ 1.36 Cr.

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

People also Viewed

Similar Companies Based on Textile & Fabric Production