Swastik Polytex Profile
Key Indicators
- Authorised Capital ₹ 7.50 M
- Paid Up Capital ₹ 5.58 M
- Company Age 13 Year, 5 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 6.16 Cr
- Satisfied Charges ₹ 15.80 Cr
- Revenue Growth -17.67%
- Profit Growth -251.91%
- Ebitda -77.37%
- Net Worth -10.70%
- Total Assets -6.11%
About Swastik Polytex
Swastik Polytex Private Limited (SPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 13 September 2011 and has a history of 13 years and five months. Its registered office is in Jaipur, Rajasthan, India.
The Company is engaged in the Packaging 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 7.50 M and a paid-up capital of Rs 5.58 M.
The company currently has active open charges totaling ₹6.16 Cr. The company has closed loans amounting to ₹15.80 Cr, as per Ministry of Corporate Affairs (MCA) records.
Radhey Agarwal, Mahendra Tongia, Dharmi Jain, and Two other members serve as directors at the Company.
Company Details
- Location
Jaipur, Rajasthan, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U25209RJ2011PTC036462
- Company No.
036462
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
13 Sep 2011
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Jaipur
Industry
Who are the key members and board of directors at Swastik Polytex?
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Radhey Agarwal  | Director | 13-Sep-2011 | Current |
| Mahendra Tongia | Director | 13-Sep-2011 | Current |
| Dharmi Jain | Director | 13-Jun-2012 | Current |
| Hamendra Tongia | Whole-Time Director | 21-Sep-2011 | Current |
| Hemant Mansinghka | Director | 21-Sep-2011 | Current |
Financial Performance of Swastik Polytex.
Swastik Polytex Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 17.67% decrease. The company also saw a substantial fall in profitability, with a 251.91% decrease in profit. The company's net worth observed a substantial decline by a decrease of 10.7%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Swastik Polytex?
In 2023, Swastik Polytex had a promoter holding of 85.48% and a public holding of 14.52%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Tongia Marble LlpHamendra Tongia is a mutual person
- Salasar Textiles Private Limited
Hemant Mansinghka is a mutual person
- Garrison Polysacks Private Limited
Hemant Mansinghka is a mutual person
- The Pratap Commercial Co Pvt Ltd
Hemant Mansinghka is a mutual person
Charges (Loans)
₹61.63 M
₹158.00 M
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 6.16 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 06 May 2022 | Hdfc Bank Limited | ₹6.16 Cr | Open |
| 27 Mar 2019 | Others | ₹1.20 Cr | Satisfied |
| 10 Nov 2017 | State Bank Of India | ₹4.50 M | Satisfied |
| 28 Apr 2014 | State Bank Of Bikaner And Jaipur | ₹2.30 Cr | Satisfied |
| 30 Mar 2012 | State Bank Of India | ₹7.10 Cr | Satisfied |
How Many Employees Work at Swastik Polytex?
Swastik Polytex has a workforce of 54 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Swastik Polytex, 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 Polytex's trajectory.
Rating
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
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.