Sunshine Velvet Private Limited

Produces and sells a variety of silk and velvet products, including printed and crushed options.

2005 | Mumbai, Maharashtra (India) | Active
Last Updated:

Sunshine Velvet Profile

Key Indicators

  • Authorised Capital ₹ 6.00 M
  • Paid Up Capital ₹ 5.23 M
  • Company Age 19 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 7.58 Cr
  • Satisfied Charges ₹ 15.46 Cr
  • Revenue Growth 17.72%
  • Profit Growth 97.33%
  • Ebitda 281.85%
  • Net Worth 9.26%
  • Total Assets 23.75%

About Sunshine Velvet

Sunshine Velvet Private Limited (SVPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 24 June 2005 and has a history of 19 years and nine months. 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 6.00 M and a paid-up capital of Rs 5.23 M.

The company currently has active open charges totaling ₹7.58 Cr. The company has closed loans amounting to ₹15.46 Cr, as per Ministry of Corporate Affairs (MCA) records.

Ajaykumar Shorewala and Kapil Shorewala 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

    U17200MH2005PTC154227

  • Company No.

    154227

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    24 Jun 2005

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Manufacturing

What products or services does Sunshine Velvet Private Limited offer?

Sunshine Velvet Private Limited offers a wide range of products and services, including Apparel Fabrics & Clothing Textiles, Synthetic Fabric, Scarves, Shawls, Stoles, Bandanas, Scarf, Polyester Textile, Cotton Textile, Velvet Textile, Other Textile Fabrics, Cotton Velvet Fabric, Burnout Fabric.

Who are the key members and board of directors at Sunshine Velvet?

Board Members (2)

NameDesignationAppointment DateStatus
Kapil Shorewala Country flag representing In Director 16-Jul-2008Current
Ajaykumar Shorewala Country flag representing In Director 25-Jun-2005Current

Financial Performance of Sunshine Velvet.

Sunshine Velvet Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 17.72% increase. The company also saw a substantial improvement in profitability, with a 97.33% increase in profit. The company's net worth moved up by a moderate rise of 9.26%.

Sunshine Velvet revenue growth over time
Sunshine Velvet 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
17.72%
Revenue from Operations
17.69%
Total Assets
23.75%
Profit or Loss
97.33%
Net Worth
9.26%
EBITDA
281.85%

What is the Ownership and Shareholding Structure of Sunshine Velvet?

In 2023, Sunshine Velvet 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

₹75.81 M

Satisfied Charges

₹154.56 M

Charges Breakdown by Lending Institutions

  • Others : 7.50 Cr
  • Hdfc Bank Limited : 0.08 Cr

Latest Charge Details

DateLenderAmountStatus
10 Jun 2024Others₹7.50 CrOpen
12 Oct 2022Hdfc Bank Limited₹0.81 MOpen
29 Apr 2022Yes Bank Limited₹4.99 CrSatisfied
26 Apr 2013Others₹3.91 CrSatisfied
20 Mar 2013Others₹4.46 CrSatisfied

How Many Employees Work at Sunshine Velvet?

Sunshine Velvet has a workforce of 213 employees as of Apr 05, 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 Sunshine Velvet Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Sunshine Velvet, 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 Sunshine Velvet'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 Sunshine Velvet

Recent activity within the organization

  • Annual General Meeting

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

  • Charges

    A charge registered on 29 Apr 2022 via Charge ID 100574544 with Yes Bank Limited was fully satisfied on 08 Aug 2024.

  • Charges

    A charge with Others amounted to Rs. 75.00 M with Charge ID 100979525 was registered on 10 Jun 2024.

  • Balance Sheet

    Sunshine Velvet Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.81 M with Charge ID 100630213 was registered on 12 Oct 2022.

  • Charges

    A charge with Yes Bank Limited amounted to Rs. 49.87 M with Charge ID 100574544 was registered on 29 Apr 2022.

Frequently asked questions

  • What is the Incorporation or founding date of Sunshine Velvet Private Limited?

    Sunshine Velvet Private Limited was incorporated on 24 Jun 2005.

  • What is authorized share capital and paid-up capital of Sunshine Velvet Private Limited?

    The authorized share capital of Sunshine Velvet Private Limited is ₹ 6.00 M and paid-up capital is ₹ 5.23 M.

  • Who are the current board members & directors of Sunshine Velvet Private Limited?

    Currently 2 directors are associated with Sunshine Velvet Private Limited.

    • Ajaykumar Meghraj Shorewala
    • Kapil Ajaykumar Shorewala

  • What is the registered address of Sunshine Velvet Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Sunshine Velvet Private Limited is 45/47, Mirza Street Zaveri Bazar India, Mumbai, Maharashtra, 400003.

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

    The corporate identification number (CIN) of Sunshine Velvet Private Limited is U17200MH2005PTC154227 and the company number is 154227 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Sunshine Velvet Private Limited?

    The Official website of Sunshine Velvet Private Limited is https://www.sanchivelvets.in

  • What has been the recent revenue trend for Sunshine Velvet Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Sunshine Velvet Private Limited has risen by 17.72%.

  • How many employees does Sunshine Velvet Private Limited currently have?

    As Per 2023 financial reports, 213 employees are currently employed by Sunshine Velvet Private Limited.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Sunshine Velvet Private Limited has experienced an upsurge of 9.26%.

  • What are the total open charges for Sunshine Velvet Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Sunshine Velvet Private Limited amount to ₹ 7.58 Cr.

  • When was the last Balance Sheet of Sunshine Velvet Private Limited filed with the ROC?

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

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