Svarna Textiles Limited

Manufacturer and exporter of hand-woven and machine-woven fabrics, scarves, and made-ups for international markets.

2012 | Kolkata, West Bengal (India) | Active
Last Updated: October 24, 2024

Svarna Textiles Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 1.00 Cr
  • Company Age 12 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 2.45 Cr
  • Revenue Growth 3.74%
  • Profit Growth -32.28%
  • Ebitda 73.33%
  • Net Worth 9.60%
  • Total Assets -6.82%

About Svarna Textiles

Svarna Textiles Limited (STL) is a Public Limited Indian Non-Government Company incorporated in India on 17 April 2012 and has a history of 12 years and ten months. Its registered office is in Kolkata, West Bengal, 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 2023. 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 ₹2.45 Cr.

Suyash Tibrawalla, Devansh Tibrawalla, and Sharmila Tibrawalla serve as directors at the Company.

Company Details

  • Location

    Kolkata, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    svarna.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U17120WB2012PLC180643

  • Company No.

    180643

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    17 Apr 2012

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Manufacturing

Who are the key members and board of directors at Svarna Textiles?

Board Members (3)

NameDesignationAppointment DateStatus
Suyash Tibrawalla Country flag representing In Director 17-Apr-2012Current
Devansh Tibrawalla Country flag representing In Additional Director 09-May-2019Current
Sharmila Tibrawalla Country flag representing In Director 01-Feb-2022Current

Financial Performance of Svarna Textiles.

Svarna Textiles Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 3.74% increase. The company also saw a substantial fall in profitability, with a 32.28% decrease in profit. The company's net worth moved up by a moderate rise of 9.6%.

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
3.74%
Revenue from Operations
5.84%
Total Assets
-6.82%
Profit or Loss
-32.28%
Net Worth
9.60%
EBITDA
73.33%

What is the Ownership and Shareholding Structure of Svarna Textiles?

In 2023, Svarna Textiles 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

₹2.45 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 2.00 Cr
  • State Bank Of India : 0.45 Cr

Latest Charge Details

DateLenderAmountStatus
30 Sep 2024Others₹2.00 CrOpen
15 Jul 2021State Bank Of India₹4.50 MOpen

How Many Employees Work at Svarna Textiles?

Svarna Textiles has a workforce of 16 employees as of Apr 09, 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 Svarna Textiles, 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 Svarna Textiles'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 Svarna Textiles

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 2.00 Cr with Charge ID 100986875 was registered on 30 Sep 2024.

    30 Sep 2024

  • Annual General Meeting

    Svarna Textiles Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Svarna Textiles Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Kolkata.

    31 Mar 2023

  • Director Appointment

    Sharmila Tibrawalla was appointed as a Director was appointed as a Director on 01 Feb 2022 & has been associated with this company since 3 years 24 days .

    01 Feb 2022

  • Charges

    A charge with State Bank Of India amounted to Rs. 0.45 Cr with Charge ID 100465680 was registered on 15 Jul 2021.

    15 Jul 2021

  • Director Appointment

    Devansh Tibrawalla was appointed as a Additional Director was appointed as a Additional Director on 09 May 2019 & has been associated with this company since 5 years 9 months .

    09 May 2019

Frequently asked questions

  • Svarna Textiles Limited was incorporated on 17 Apr 2012.

  • The authorized share capital of Svarna Textiles Limited is ₹ 1.00 Cr and paid-up capital is ₹ 1.00 Cr.

  • Currently 3 directors are associated with Svarna Textiles Limited.

    • Suyash Tibrawalla
    • Devansh Tibrawalla
    • Sharmila Tibrawalla
  • As per Ministry of Corporate Affairs (Mca), the registered address of Svarna Textiles Limited is 7, Old Ballygunge 2Nd Lane India, Kolkata, West Bengal, 700019.

  • The corporate identification number (CIN) of Svarna Textiles Limited is U17120WB2012PLC180643 and the company number is 180643 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Svarna Textiles Limited is https://www.svarna.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Svarna Textiles Limited has risen by 3.74%.

  • As Per 2023 financial reports, 16 employees are currently employed by Svarna Textiles Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Svarna Textiles Limited has experienced an upsurge of 9.60%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Svarna Textiles Limited amount to ₹ 2.45 Cr.

  • The most recent Balance Sheet for Svarna Textiles Limited was filed with the ROC on 31 Mar 2023.

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