Swastik Filaments Private Limited

Manufacturer of nylon monofilament yarn, fishing nets, and HDPE twine for various applications.

1995 | Chennai, Tamil Nadu (India) | Active
Last Updated:

Swastik Filaments Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 2.04 Cr
  • Company Age 29 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 21.31 Cr
  • Satisfied Charges ₹ 18.52 Cr
  • Revenue Growth 5.37%
  • Profit Growth 69.53%
  • Ebitda 16.77%
  • Net Worth 10.45%
  • Total Assets -25.52%

About Swastik Filaments

Swastik Filaments Private Limited (SFPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 22 June 1995 and has a history of 29 years and eight months. Its registered office is in Chennai, Tamil Nadu, 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 5.00 Cr and a paid-up capital of Rs 2.04 Cr.

The company currently has active open charges totaling ₹21.31 Cr. The company has closed loans amounting to ₹18.52 Cr, as per Ministry of Corporate Affairs (MCA) records.

Heeralal, Ajay Narayan, and Subbiah Narayanan serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    starfilaments.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17293TN1995PTC031976

  • Company No.

    031976

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    22 Jun 1995

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Manufacturing

Who are the key members and board of directors at Swastik Filaments?

Board Members (3)

NameDesignationAppointment DateStatus
Ajay Narayan Country flag representing In Director 28-Nov-2018Current
Heeralal Country flag representing In Director 30-Sep-1997Current
Subbiah Narayanan Country flag representing In Director 30-Sep-1998Current

Financial Performance of Swastik Filaments.

Swastik Filaments Private Limited, for the financial year ended 2021, experienced modest growth in revenue, with a 5.37% increase. The company also saw a substantial improvement in profitability, with a 69.53% increase in profit. The company's net worth Soared by an impressive increase of 10.45%.

Swastik Filaments revenue growth over time
Swastik Filaments 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
5.37%
Revenue from Operations
5.64%
Total Assets
-25.52%
Profit or Loss
69.53%
Net Worth
10.45%
EBITDA
16.77%

What is the Ownership and Shareholding Structure of Swastik Filaments?

In 2021, Swastik Filaments had a promoter holding of 94.85% and a public holding of 5.15%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹21.31 Cr

Satisfied Charges

₹18.52 Cr

Charges Breakdown by Lending Institutions

  • City Union Bank Limited : 21.31 Cr

Latest Charge Details

DateLenderAmountStatus
29 Nov 2023City Union Bank Limited₹6.00 MOpen
30 Oct 2023City Union Bank Limited₹0.10 MOpen
04 Mar 2019City Union Bank Limited₹20.70 CrOpen
08 Oct 1997Sundaram Finance Services Ltd.₹3.00 MSatisfied
16 Jul 1997Indian Overseas Bank₹0.50 MSatisfied

How Many Employees Work at Swastik Filaments?

Swastik Filaments has a workforce of 172 employees as of Apr 06, 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 Swastik Filaments Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Swastik Filaments, 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 Swastik Filaments'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 Swastik Filaments

Recent activity within the organization

  • Annual General Meeting

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

  • Charges

    A charge with City Union Bank Limited of Rs. 20.70 Cr registered on 04 Mar 2019 with Charge ID 100254356 was modified on 10 Apr 2024.

  • Balance Sheet

    Swastik Filaments Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

  • Charges

    A charge with City Union Bank Limited amounted to Rs. 0.60 Cr with Charge ID 100833491 was registered on 29 Nov 2023.

  • Charges

    A charge with City Union Bank Limited amounted to Rs. 0.01 Cr with Charge ID 100820090 was registered on 30 Oct 2023.

  • Charges

    A charge registered on 03 Feb 1997 via Charge ID 90281469 with Indian Overseas Bank was fully satisfied on 08 Apr 2019.

Frequently asked questions

  • What is the Incorporation or founding date of Swastik Filaments Private Limited?

    Swastik Filaments Private Limited was incorporated on 22 Jun 1995.

  • What is authorized share capital and paid-up capital of Swastik Filaments Private Limited?

    The authorized share capital of Swastik Filaments Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 2.04 Cr.

  • Who are the current board members & directors of Swastik Filaments Private Limited?

    Currently 3 directors are associated with Swastik Filaments Private Limited.

    • Heeralal
    • Ajay Narayan
    • Subbiah Chettiar Narayanan

  • What is the registered address of Swastik Filaments Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Swastik Filaments Private Limited is D-1 Lotuscolony Chamiersroad, India, NandanamChennai-35., Tamil Nadu, 600035.

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

    The corporate identification number (CIN) of Swastik Filaments Private Limited is U17293TN1995PTC031976 and the company number is 031976 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Swastik Filaments Private Limited?

    The Official website of Swastik Filaments Private Limited is https://www.starfilaments.com

  • What has been the recent revenue trend for Swastik Filaments Private Limited?

    According to the financial reports for the fiscal year 2021, the revenue trend for Swastik Filaments Private Limited has risen by 5.37%.

  • How many employees does Swastik Filaments Private Limited currently have?

    As Per 2021 financial reports, 172 employees are currently employed by Swastik Filaments Private Limited.

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

    The financial reports for the fiscal year 2021 indicates that The net worth of Swastik Filaments Private Limited has experienced an upsurge of 10.45%.

  • What are the total open charges for Swastik Filaments Private Limited?

    As per the financial statements for fiscal Year 2021, The total open charges for Swastik Filaments Private Limited amount to ₹ 21.31 Cr.

  • When was the last Balance Sheet of Swastik Filaments Private Limited filed with the ROC?

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

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