Swaraj Suiting Limited

Manufactures cotton and denim fabrics for home textiles and bottom wear.

2003 | Bhilwara, Rajasthan (India) | Active
Last Updated: May 15, 2024

Swaraj Suiting Profile

Key Indicators

  • Authorised Capital ₹ 42.02 Cr
  • Paid Up Capital ₹ 18.22 Cr
  • Company Age 21 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 298.37 Cr
  • Satisfied Charges ₹ 47.74 Cr
  • Revenue Growth 70.09%
  • Profit Growth 21.08%
  • Ebitda 76.43%
  • Net Worth 9.18%
  • Total Assets 62.72%

About Swaraj Suiting

Swaraj Suiting Limited (SSL) is a leading Public Limited Indian Non-Government Company incorporated in India on 09 June 2003 and has a history of 21 years and seven months. Its registered office is in Bhilwara, Rajasthan, India.

The Corporate was formerly known as Swaraj Suiting Private Limited. 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 42.02 Cr and a paid-up capital of Rs 18.22 Cr.

The company currently has active open charges totaling ₹298.37 Cr. The company has closed loans amounting to ₹47.74 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Swaraj Suiting Limited India are Rahul Verma as COMPANY SECRETARY and Prakash Jain as Cfo. Amreen Sheikh, Annie Zuberi, Nasir Khan, and Three other members serve as directors at the Company.

Company Details

  • Location

    Bhilwara, Rajasthan, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L18101RJ2003PLC018359

  • Company No.

    018359

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    09 Jun 2003

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Jaipur

Industry

Manufacturing

Who are the key members and board of directors at Swaraj Suiting?

Executive Team (3)

Name Designation Appointment Date Status
Rahul Verma Company Secretary 01-Jan-2021 Current
Prakash Jain CFO 01-Jan-2021 Current
Mohammed Khan Country flag representing In Managing Director 09-Jun-2003 Current

Board Members (5)

Name Designation Appointment Date Status
Ramesh Agarwal Country flag representing In Director 05-Oct-2021 Current
Amreen Sheikh Country flag representing In Director 05-Oct-2021 Current
Annie Zuberi Country flag representing In Director 05-Oct-2021 Current
Nasir Khan Country flag representing In Whole-Time Director 01-Jan-2019 Current
Samar Khan Country flag representing In Whole-Time Director 09-Jun-2003 Current

Financial Performance of Swaraj Suiting.

Swaraj Suiting Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 70.09% increase. The company also saw a substantial improvement in profitability, with a 21.08% increase in profit. The company's net worth moved up by a moderate rise of 9.18%.

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
70.09%
Revenue from Operations
70.22%
Total Assets
62.72%
Profit or Loss
21.08%
Net Worth
9.18%
EBITDA
76.43%

What is the Ownership and Shareholding Structure of Swaraj Suiting?

In 2022, Swaraj Suiting had a promoter holding of 73.31% and a public holding of 26.70%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹298.37 Cr

Satisfied Charges

₹47.74 Cr

Charges Breakdown by Lending Institutions

  • Others : 289.91 Cr
  • State Bank Of India : 5.24 Cr
  • Sidbi : 2.86 Cr
  • Hdfc Bank Limited : 0.36 Cr

Latest Charge Details

Date Lender Amount Status
21 Mar 2024 Sidbi ₹2.86 Cr Open
24 Aug 2023 Others ₹146.61 Cr Open
19 Jun 2023 Others ₹1.80 Cr Open
03 Jan 2022 Others ₹43.00 Cr Open
03 Jan 2022 Others ₹80.00 Cr Open

How Many Employees Work at Swaraj Suiting?

Swaraj Suiting has a workforce of 420 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Swaraj Suiting, 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 Swaraj Suiting'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 Swaraj Suiting

Recent activity within the organization

  • Charges

    A charge with Sidbi amounted to Rs. 2.86 Cr with Charge ID 100896555 was registered on 21 Mar 2024.

    21 Mar 2024

  • Annual General Meeting

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

    30 Sep 2023

  • Charges

    A charge with Others of Rs. 146.61 Cr registered on 24 Aug 2023 with Charge ID 100766024 was modified on 29 Aug 2023.

    29 Aug 2023

  • Charges

    A charge with Others of Rs. 80.00 Cr registered on 03 Jan 2022 with Charge ID 100529370 was modified on 29 Aug 2023.

    29 Aug 2023

  • Charges

    A charge with Others amounted to Rs. 146.61 Cr with Charge ID 100766024 was registered on 24 Aug 2023.

    24 Aug 2023

  • Charges

    A charge registered on 30 Jun 2015 via Charge ID 10579194 with State Bank Of India was fully satisfied on 05 Aug 2023.

    05 Aug 2023

Frequently asked questions

  • Swaraj Suiting Limited was incorporated on 09 Jun 2003.

  • The authorized share capital of Swaraj Suiting Limited is ₹ 42.02 Cr and paid-up capital is ₹ 18.22 Cr.

  • Currently 8 directors are associated with Swaraj Suiting Limited.

    • Rahul Kumar Verma
    • Prakash Chandra Jain
    • Amreen Sheikh
    • Annie Zuberi
    • Nasir Khan
    • Ramesh Agarwal
    • Samar Khan
    • Mohammed Sabir Khan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Swaraj Suiting Limited is F-483 To F-487 Riico Growth Centre, Hamirgarh India, Bhilwara, Rajasthan, 311025.

  • The corporate identification number (CIN) of Swaraj Suiting Limited is L18101RJ2003PLC018359 and the company number is 018359 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Swaraj Suiting Limited is https://www.swarajsuiting.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Swaraj Suiting Limited has risen by 70.09%.

  • As Per 2023 financial reports, 420 employees are currently employed by Swaraj Suiting Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Swaraj Suiting Limited has experienced an upsurge of 9.18%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Swaraj Suiting Limited amount to ₹ 298.37 Cr.

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