Sutex Yarns Private Limited

Manufactures and processes synthetic filament yarns, including nylon, rayon, and cotton blends.

1994 | Surat, Gujarat (India) | Active
Last Updated: December 13, 2024

Sutex Yarns Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 1.54 M
  • Company Age 31 Year, 8 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 2.49 Cr
  • Satisfied Charges ₹ 2.30 Cr
  • Revenue Growth 59.94%
  • Profit Growth 1810.41%
  • Ebitda 34.16%
  • Net Worth 26.52%
  • Total Assets 121.32%

About Sutex Yarns

Sutex Yarns Private Limited (SYPL) is a Private Limited Indian Non-Government Company incorporated in India on 17 February 1994 and has a history of 31 years. Its registered office is in Surat, 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 2.50 M and a paid-up capital of Rs 1.54 M.

The company currently has active open charges totaling ₹2.49 Cr. The company has closed loans amounting to ₹2.30 Cr, as per Ministry of Corporate Affairs (MCA) records.

Sanwarmala Sharma and Parmeshwarlal Sharma 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

    U17119GJ1994PTC021330

  • Company No.

    021330

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    17 Feb 1994

  • Date of AGM

    14 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Manufacturing

Who are the key members and board of directors at Sutex Yarns?

Executive Team (1)

NameDesignationAppointment DateStatus
Sanwarmala Sharma Country flag representing In Managing Director17-Feb-1994Current

Board Members (1)

NameDesignationAppointment DateStatus
Parmeshwarlal Sharma Country flag representing In Whole-Time Director 17-Feb-1994Current

Financial Performance of Sutex Yarns.

Sutex Yarns Private Limited, for the financial year ended 2021, experienced significant growth in revenue, with a 59.94% increase. The company also saw a substantial improvement in profitability, with a 1810.41% increase in profit. The company's net worth Soared by an impressive increase of 26.52%.

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
59.94%
Revenue from Operations
59.79%
Total Assets
121.32%
Profit or Loss
1810.41%
Net Worth
26.52%
EBITDA
34.16%

What is the Ownership and Shareholding Structure of Sutex Yarns?

In 2021, Sutex Yarns 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

₹24.86 M

Satisfied Charges

₹23.00 M

Charges Breakdown by Lending Institutions

  • Others : 2.49 Cr

Latest Charge Details

DateLenderAmountStatus
29 Dec 2020Others₹8.50 MOpen
29 Dec 2020Others₹1.64 CrOpen
06 Mar 1995The Karur Vysya Bank Limited₹0.50 MSatisfied
06 Mar 1995Others₹7.00 MSatisfied
06 Mar 1995The Karur Vysya Bank Limited₹8.50 MSatisfied

How Many Employees Work at Sutex Yarns?

Unlock and access historical data on people associated with Sutex Yarns, 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 Sutex Yarns, 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 Sutex Yarns'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 Sutex Yarns

Recent activity within the organization

  • Annual General Meeting

    Sutex Yarns Private Limited last Annual general meeting of members was held on 14 Sep 2024 as per latest MCA records.

    14 Sep 2024

  • Balance Sheet

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

    31 Mar 2024

  • Charges

    A charge with Others of Rs. 8.50 M registered on 29 Dec 2020 with Charge ID 100418340 was modified on 29 Dec 2021.

    29 Dec 2021

  • Charges

    A charge with Others of Rs. 16.36 M registered on 29 Dec 2020 with Charge ID 100418345 was modified on 05 Jan 2021.

    05 Jan 2021

  • Charges

    A charge with Others amounted to Rs. 16.36 M with Charge ID 100418345 was registered on 29 Dec 2020.

    29 Dec 2020

  • Charges

    A charge with Others amounted to Rs. 8.50 M with Charge ID 100418340 was registered on 29 Dec 2020.

    29 Dec 2020

Frequently asked questions

  • Sutex Yarns Private Limited was incorporated on 17 Feb 1994.

  • The authorized share capital of Sutex Yarns Private Limited is ₹ 2.50 M and paid-up capital is ₹ 1.54 M.

  • Currently 2 directors are associated with Sutex Yarns Private Limited.

    • Sanwarmala Sharma
    • Parmeshwarlal Laxminarayan Sharma
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sutex Yarns Private Limited is Plot No 39 Block 792 Village Kudsad Tal - Olpad, India, Surat, Gujarat, 394540.

  • The corporate identification number (CIN) of Sutex Yarns Private Limited is U17119GJ1994PTC021330 and the company number is 021330 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2021, the revenue trend for Sutex Yarns Private Limited has risen by 59.94%.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Sutex Yarns Private Limited has experienced an upsurge of 26.52%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Sutex Yarns Private Limited amount to ₹ 2.49 Cr.

  • The most recent Balance Sheet for Sutex Yarns Private Limited was filed with the ROC on 31 Mar 2024.

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