Swastika Sarees Private Limited

This company specializes in manufacturing and trading a variety of ethnic sarees in different styles and materials.

1998 | Kolkata, West Bengal (India) | Active
Last Updated: July 27, 2024

Swastika Sarees Profile

Key Indicators

  • Authorised Capital ₹ 6.00 Cr
  • Paid Up Capital ₹ 4.48 Cr
  • Company Age 26 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 14.62 Cr
  • Revenue Growth -97.87%
  • Profit Growth -178.96%
  • Ebitda -102.87%
  • Net Worth -4.84%
  • Total Assets 51.30%

About Swastika Sarees

Swastika Sarees Private Limited (SSPL) is a Private Limited Indian Non-Government Company incorporated in India on 29 June 1998 and has a history of 26 years and seven months. Its registered office is in Kolkata, West Bengal, India.

The Company is engaged in the Fashion And Textile 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 6.00 Cr and a paid-up capital of Rs 4.48 Cr.

The company has closed loans amounting to ₹14.62 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Suresh Agarwal, Kiran Agarwal, Sourav Agarwal, and One other member serve as directors at the Company.

Company Details

  • Location

    Kolkata, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17121WB1998PTC087425

  • Company No.

    087425

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    29 Jun 1998

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Fashion and Textile

What products or services does Swastika Sarees Private Limited offer?

Swastika Sarees Private Limited offers a wide range of products and services, including Chiffon Sarees, Silk Sarees, Tussar Silk Sarees, Designer Silk Saree.

Who are the key members and board of directors at Swastika Sarees?

Board Members (4)

NameDesignationAppointment DateStatus
Suresh Agarwal Country flag representing In Director 29-Jun-1998Current
Kiran Agarwal Country flag representing In Director 03-Mar-2008Current
Sourav Agarwal Country flag representing In Director 19-Jul-2022Current
Anshu Agarwal Country flag representing In Director 19-Jul-2022Current

Financial Performance of Swastika Sarees.

Swastika Sarees Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 97.87% decrease. The company also saw a substantial fall in profitability, with a 178.96% decrease in profit. The company's net worth dipped by a decrease of 4.84%.

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
-97.87%
Revenue from Operations
-98.27%
Total Assets
51.30%
Profit or Loss
-178.96%
Net Worth
-4.84%
EBITDA
-102.87%

What is the Ownership and Shareholding Structure of Swastika Sarees?

In 2023, Swastika Sarees 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

₹0

Satisfied Charges

₹14.62 Cr

Charges Breakdown by Lending Institutions

  • Standard Chartered Bank : 14.62 Cr

Latest Charge Details

DateLenderAmountStatus
28 Aug 2007Standard Chartered Bank₹6.62 CrSatisfied
19 Apr 2006Standard Chartered Bank₹4.00 CrSatisfied
16 Mar 2006Standard Chartered Bank₹4.00 CrSatisfied

How Many Employees Work at Swastika Sarees?

Swastika Sarees has a workforce of 2 employees as of Mar 31, 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 Swastika Sarees, 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 Swastika Sarees'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 Swastika Sarees

Recent activity within the organization

  • Annual General Meeting

    Swastika Sarees Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Swastika Sarees Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Kolkata.

    31 Mar 2023

  • Director Appointment

    Sourav Agarwal was appointed as a Director was appointed as a Director on 19 Jul 2022 & has been associated with this company since 2 years 6 months .

    19 Jul 2022

  • Director Appointment

    Anshu Agarwal was appointed as a Director was appointed as a Director on 19 Jul 2022 & has been associated with this company since 2 years 6 months .

    19 Jul 2022

  • Charges

    A charge registered on 28 Aug 2007 via Charge ID 10078375 with Standard Chartered Bank was fully satisfied on 03 Nov 2015.

    03 Nov 2015

  • Charges

    A charge registered on 19 Apr 2006 via Charge ID 90370270 with Standard Chartered Bank was fully satisfied on 03 Nov 2015.

    03 Nov 2015

Frequently asked questions

  • Swastika Sarees Private Limited was incorporated on 29 Jun 1998.

  • The authorized share capital of Swastika Sarees Private Limited is ₹ 6.00 Cr and paid-up capital is ₹ 4.48 Cr.

  • Currently 4 directors are associated with Swastika Sarees Private Limited.

    • Suresh Agarwal
    • Kiran Agarwal
    • Sourav Agarwal
    • Anshu Agarwal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Swastika Sarees Private Limited is 5/1 Muzzaffar Ahmed Street. 2Nd FloorUnit 1, Kolkata, West Bengal, India, 700016.

  • The corporate identification number (CIN) of Swastika Sarees Private Limited is U17121WB1998PTC087425 and the company number is 087425 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Swastika Sarees Private Limited has fallen by -97.87%.

  • As Per 2023 financial reports, 2 employees are currently employed by Swastika Sarees Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Swastika Sarees Private Limited has experienced an downturn of -4.84%.

  • The most recent Balance Sheet for Swastika Sarees Private Limited was filed with the ROC on 31 Mar 2023.

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