Swastik Value Addition Private Limited

Textile company specializing in value addition and trading of sarees, dress material, and garmenting.

2010 | Surat, Gujarat (India) | Active
Last Updated: December 20, 2024

Swastik Value Addition Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 1.20 Cr
  • Company Age 14 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 85.49 Cr
  • Satisfied Charges ₹ 1.12 Cr
  • Revenue Growth 7.00%
  • Profit Growth -2723.72%
  • Ebitda 77.94%
  • Net Worth -27.15%
  • Total Assets 21.26%

About Swastik Value Addition

Swastik Value Addition Private Limited (SVAPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 15 April 2010 and has a history of 14 years and ten months. Its registered office is in Surat, Gujarat, 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 2.00 Cr and a paid-up capital of Rs 1.20 Cr.

The company currently has active open charges totaling ₹85.49 Cr. The company has closed loans amounting to ₹1.12 Cr, as per Ministry of Corporate Affairs (MCA) records.

Shalin Vaidya, Kanish Vardani, Bhirenkumar Vaidya, and Two other members serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U17120GJ2010PTC060269

  • Company No.

    060269

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    15 Apr 2010

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Packaging

What products or services does Swastik Value Addition Private Limited offer?

Swastik Value Addition Private Limited offers a wide range of products and services, including Garments & Textiles Job Work, Embroidery Job Work, Printing & Binding Services, Printing Services.

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

Board Members (5)

Name Designation Appointment Date Status
Shalin Vaidya Country flag representing In Director 15-Apr-2010 Current
Kanish Vardani Country flag representing In Director 03-Aug-2022 Current
Bhirenkumar Vaidya Country flag representing In Director 25-Oct-2019 Current
Jitendrakumar Patel Country flag representing In Director 03-Aug-2022 Current
Rinkesh Haswani Country flag representing In Director 03-Aug-2022 Current

Financial Performance of Swastik Value Addition.

Swastik Value Addition Private Limited, for the financial year ended 2022, experienced modest growth in revenue, with a 7% increase. The company also saw a substantial fall in profitability, with a 2723.72% decrease in profit. The company's net worth observed a substantial decline by a decrease of 27.15%.

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
7.00%
Revenue from Operations
6.12%
Total Assets
21.26%
Profit or Loss
-2723.72%
Net Worth
-27.15%
EBITDA
77.94%

What is the Ownership and Shareholding Structure of Swastik Value Addition?

Unlock access to Swastik Value Addition's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹85.49 Cr

Satisfied Charges

₹1.12 Cr

Charges Breakdown by Lending Institutions

  • Others : 82.85 Cr
  • The Surat People'S Co Op Bank Ltd : 2.46 Cr
  • Hdfc Bank Limited : 0.17 Cr

Latest Charge Details

Date Lender Amount Status
31 Jan 2024 Others ₹6.25 Cr Open
31 Jan 2024 Others ₹4.31 Cr Open
10 May 2023 Others ₹3.49 Cr Open
07 Apr 2023 Hdfc Bank Limited ₹1.70 M Open
15 Jul 2020 Others ₹6.85 Cr Open

How Many Employees Work at Swastik Value Addition?

Swastik Value Addition has a workforce of 21 employees as of Apr 17, 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 Swastik Value Addition, 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 Value Addition'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 Value Addition

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

    Swastik Value Addition 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 amounted to Rs. 6.25 Cr with Charge ID 100869315 was registered on 31 Jan 2024.

    31 Jan 2024

  • Charges

    A charge with Others amounted to Rs. 4.31 Cr with Charge ID 100869321 was registered on 31 Jan 2024.

    31 Jan 2024

  • Charges

    A charge with Others of Rs. 41.35 Cr registered on 27 Feb 2013 with Charge ID 10413277 was modified on 31 Jan 2024.

    31 Jan 2024

  • Charges

    A charge with Others of Rs. 10.10 Cr registered on 18 Oct 2011 with Charge ID 10313009 was modified on 31 Jan 2024.

    31 Jan 2024

Frequently asked questions

  • Swastik Value Addition Private Limited was incorporated on 15 Apr 2010.

  • The authorized share capital of Swastik Value Addition Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 1.20 Cr.

  • Currently 5 directors are associated with Swastik Value Addition Private Limited.

    • Shalin Bhirenbhai Vaidya
    • Kanish Ram Vardani
    • Bhirenkumar Girjashanker Vaidya
    • Jitendrakumar Nanjibhai Patel
    • Rinkesh Suresh Haswani
  • As per Ministry of Corporate Affairs (Mca), the registered address of Swastik Value Addition Private Limited is Plot No. 3305 Road No-33 Gidc Sachin, India, Surat, Gujarat, 394230.

  • The corporate identification number (CIN) of Swastik Value Addition Private Limited is U17120GJ2010PTC060269 and the company number is 060269 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Swastik Value Addition Private Limited is https://www.swastikvalueaddition.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Swastik Value Addition Private Limited has risen by 7.00%.

  • As Per 2022 financial reports, 21 employees are currently employed by Swastik Value Addition Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Swastik Value Addition Private Limited has experienced an downturn of -27.15%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Swastik Value Addition Private Limited amount to ₹ 85.49 Cr.

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

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