Sungrace Nowotex Private Limited

Indian company manufactures versatile non-woven fabrics for various industries with large production capacity.

2010 | Gandhi Nagar, Gujarat (India) | Active
Last Updated:

Sungrace Nowotex Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 1.00 Cr
  • Company Age 14 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 12.90 Cr
  • Satisfied Charges ₹ 4.51 Cr
  • Revenue Growth -59.01%
  • Profit Growth -425.20%
  • Ebitda -240.40%
  • Net Worth -43.72%
  • Total Assets -83.75%

About Sungrace Nowotex

Sungrace Nowotex Private Limited (SNPL) is a Private Limited Indian Non-Government Company incorporated in India on 08 September 2010 and has a history of 14 years and six months. Its registered office is in Gandhi Nagar, Gujarat, 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 1.00 Cr.

The company currently has active open charges totaling ₹12.90 Cr. The company has closed loans amounting to ₹4.51 Cr, as per Ministry of Corporate Affairs (MCA) records.

Premalbhai Patel, Dwigun Patel, and Hetalkumar Patel serve as directors at the Company.

Company Details

  • Location

    Gandhi Nagar, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U17120GJ2010PTC062250

  • Company No.

    062250

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    08 Sep 2010

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Manufacturing

What products or services does Sungrace Nowotex Private Limited offer?

Sungrace Nowotex Private Limited offers a wide range of products and services, including Industrial Fabric, Industrial Textiles, Home Decor Fabric, Home Decor & Furnishing Fabrics, Woven Bags.

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

Board Members (3)

NameDesignationAppointment DateStatus
Premalbhai Patel Country flag representing In Director 08-Sep-2010Current
Dwigun Patel Country flag representing In Director 08-Sep-2010Current
Hetalkumar Patel Country flag representing In Director 15-Sep-2011Current

Financial Performance of Sungrace Nowotex.

Sungrace Nowotex Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 59.01% decrease. The company also saw a substantial fall in profitability, with a 425.2% decrease in profit. The company's net worth observed a substantial decline by a decrease of 43.72%.

Sungrace Nowotex revenue growth over time
Sungrace Nowotex 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
-59.01%
Revenue from Operations
Total Assets
-83.75%
Profit or Loss
-425.20%
Net Worth
-43.72%
EBITDA
-240.40%

What is the Ownership and Shareholding Structure of Sungrace Nowotex?

In 2023, Sungrace Nowotex 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

₹12.90 Cr

Satisfied Charges

₹4.51 Cr

Charges Breakdown by Lending Institutions

  • The Kalupur Commercial Co-Op. Bank Ltd. : 7.65 Cr
  • The Kalupur Commercial Co-Op. Bank Ltd : 3.00 Cr
  • The Kalupur Com. Co-Op. Bank Ltd. : 2.25 Cr

Latest Charge Details

DateLenderAmountStatus
17 Oct 2011The Kalupur Commercial Co-Op. Bank Ltd₹3.00 CrOpen
24 Jun 2011The Kalupur Com. Co-Op. Bank Ltd.₹2.25 CrOpen
23 May 2011The Kalupur Commercial Co-Op. Bank Ltd.₹7.65 CrOpen
13 Aug 2015Kotak Mahindra Bank Limited₹4.51 CrSatisfied

How Many Employees Work at Sungrace Nowotex?

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

Employee growth trends for Sungrace Nowotex Private Limited

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

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

  • Balance Sheet

    Sungrace Nowotex Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

  • Charges

    A charge registered on 13 Aug 2015 via Charge ID 10585382 with Kotak Mahindra Bank Limited was fully satisfied on 04 Feb 2019.

  • Charges

    A charge with Kotak Mahindra Bank Limited of Rs. 4.51 Cr registered on 13 Aug 2015 with Charge ID 10585382 was modified on 01 Sep 2015.

  • Charges

    A charge with Kotak Mahindra Bank Limited amounted to Rs. 4.51 Cr with Charge ID 10585382 was registered on 13 Aug 2015.

  • Charges

    A charge with The Kalupur Commercial Co-Op. Bank Ltd. of Rs. 7.65 Cr registered on 23 May 2011 with Charge ID 10295224 was modified on 15 Jul 2014.

Frequently asked questions

  • What is the Incorporation or founding date of Sungrace Nowotex Private Limited?

    Sungrace Nowotex Private Limited was incorporated on 08 Sep 2010.

  • What is authorized share capital and paid-up capital of Sungrace Nowotex Private Limited?

    The authorized share capital of Sungrace Nowotex Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 1.00 Cr.

  • Who are the current board members & directors of Sungrace Nowotex Private Limited?

    Currently 3 directors are associated with Sungrace Nowotex Private Limited.

    • Premalbhai Bhanubhai Patel
    • Dwigun Mukund Patel
    • Hetalkumar Mahendrakumar Patel

  • What is the registered address of Sungrace Nowotex Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Sungrace Nowotex Private Limited is Block No. B/2 Plot 188 Village: Karoli Khatraj Kadi Road, Taluka: India, Kalol, Gujarat, 382721.

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

    The corporate identification number (CIN) of Sungrace Nowotex Private Limited is U17120GJ2010PTC062250 and the company number is 062250 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Sungrace Nowotex Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Sungrace Nowotex Private Limited has fallen by -59.01%.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Sungrace Nowotex Private Limited has experienced an downturn of -43.72%.

  • What are the total open charges for Sungrace Nowotex Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Sungrace Nowotex Private Limited amount to ₹ 12.90 Cr.

  • When was the last Balance Sheet of Sungrace Nowotex Private Limited filed with the ROC?

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