Sushitex Industries Private Limited

Manufacturer and exporter of fabrics and furnishing fabrics with 76 rapier looms in Maharashtra.

2010 | Mumbai, Maharashtra (India) | Under Insolvency
Last Updated: January 18, 2025

Sushitex Industries Profile

Key Indicators

  • Authorised Capital ₹ 7.00 Cr
  • Paid Up Capital ₹ 6.98 Cr
  • Company Age 14 Year, 6 Months
  • Last Filing with ROC 31 Mar 2019
  • Open Charges ₹ 38.16 Cr
  • Revenue Growth -14.53%
  • Profit Growth -640.65%
  • Ebitda -156.33%
  • Net Worth -58.13%
  • Total Assets -13.74%

About Sushitex Industries

Sushitex Industries Private Limited (SIPL) is Under Cirp company established on 08 Jul 2010 with its office registered at Mumbai, Maharashtra, India and has been running since 14 Year, 6 Months with a paid up capital of 6.98 Cr. According to MCA records, 3 Directors are linked to this company as of 18 Jan 2025.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17291MH2010PTC205365

  • Company No.

    205365

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    08 Jul 2010

  • Date of AGM

    30 Sep 2019

  • Date of Balance Sheet

    31 Mar 2019

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Manufacturing

What products or services does Sushitex Industries Private Limited offer?

Sushitex Industries Private Limited offers a wide range of products and services, including Men Formal Wear, Men Suits, Ladies Wear, Ladies Readymade Garments.

Who are the key members and board of directors at Sushitex Industries?

Board Members (3)

Name Designation Appointment Date Status
Harish Ramchander Country flag representing In Director 08-Jul-2010 Current
Luv Arya Country flag representing In Director 21-Jul-2010 Current
Kush Arya Country flag representing In Director 21-Jul-2010 Current

Financial Performance of Sushitex Industries.

Sushitex Industries Private Limited, for the financial year ended 2019, experienced significant reduction in revenue, with a 14.53% decrease. The company also saw a substantial fall in profitability, with a 640.65% decrease in profit. The company's net worth observed a substantial decline by a decrease of 58.13%.

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
-14.53%
Revenue from Operations
-14.49%
Total Assets
-13.74%
Profit or Loss
-640.65%
Net Worth
-58.13%
EBITDA
-156.33%

What is the Ownership and Shareholding Structure of Sushitex Industries?

In 2019, Sushitex Industries had a promoter holding of 44.42% and a public holding of 55.57%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹38.16 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 36.16 Cr
  • Bank Of India : 2.00 Cr

Latest Charge Details

Date Lender Amount Status
08 Jul 2014 Bank Of India ₹1.00 Cr Open
07 Feb 2014 Others ₹4.08 Cr Open
04 Jul 2012 Bank Of India ₹1.00 Cr Open
06 Sep 2010 Others ₹32.08 Cr Open

How Many Employees Work at Sushitex Industries?

Sushitex Industries has a workforce of 42 employees as of Apr 04, 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 Sushitex Industries, 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 Sushitex Industries'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 Sushitex Industries

Recent activity within the organization

  • Annual General Meeting

    Sushitex Industries Private Limited last Annual general meeting of members was held on 30 Sep 2019 as per latest MCA records.

    30 Sep 2019

  • Balance Sheet

    Sushitex Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Mumbai.

    31 Mar 2019

  • Charges

    A charge with Others of Rs. 32.08 Cr registered on 06 Sep 2010 with Charge ID 10241346 was modified on 24 Oct 2018.

    24 Oct 2018

  • Charges

    A charge with Others of Rs. 4.08 Cr registered on 07 Feb 2014 with Charge ID 10480572 was modified on 22 May 2017.

    22 May 2017

  • Charges

    A charge with Bank Of India of Rs. 1.00 Cr registered on 08 Jul 2014 with Charge ID 10511927 was modified on 29 Oct 2015.

    29 Oct 2015

  • Charges

    A charge with Bank Of India amounted to Rs. 1.00 Cr with Charge ID 10511927 was registered on 08 Jul 2014.

    08 Jul 2014

Frequently asked questions

  • Sushitex Industries Private Limited was incorporated on 08 Jul 2010.

  • The authorized share capital of Sushitex Industries Private Limited is ₹ 7.00 Cr and paid-up capital is ₹ 6.98 Cr.

  • Currently 3 directors are associated with Sushitex Industries Private Limited.

    • Harish Arya Ramchander
    • Luv Harish Arya
    • Kush Harish Arya
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sushitex Industries Private Limited is 1St Floor Roop Industries A. K. Road Sakinaka, Andheri (East) India, Mumbai, Maharashtra, 400072.

  • The corporate identification number (CIN) of Sushitex Industries Private Limited is U17291MH2010PTC205365 and the company number is 205365 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Sushitex Industries Private Limited is https://www.sushitex.com

  • According to the financial reports for the fiscal year 2019, the revenue trend for Sushitex Industries Private Limited has fallen by -14.53%.

  • As Per 2019 financial reports, 42 employees are currently employed by Sushitex Industries Private Limited.

  • The financial reports for the fiscal year 2019 indicates that The net worth of Sushitex Industries Private Limited has experienced an downturn of -58.13%.

  • As per the financial statements for fiscal Year 2019, The total open charges for Sushitex Industries Private Limited amount to ₹ 38.16 Cr.

  • The most recent Balance Sheet for Sushitex Industries Private Limited was filed with the ROC on 31 Mar 2019.

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