Sweety Fashion Private Limited

Textile company specializing in manufacturing, processing, and selling yarns and fabrics since 2004.

2004 | Surat, Gujarat (India) | Active
Last Updated: October 23, 2024

Sweety Fashion Profile

Key Indicators

  • Authorised Capital ₹ 6.00 M
  • Paid Up Capital ₹ 5.19 M
  • Company Age 20 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 25.24 Cr
  • Satisfied Charges ₹ 1.50 Cr
  • Revenue Growth 16.84%
  • Profit Growth 23.92%
  • Ebitda 53.38%
  • Net Worth 15.60%
  • Total Assets 28.02%

About Sweety Fashion

Sweety Fashion Private Limited (SFPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 16 June 2004 and has a history of 20 years and seven months. Its registered office is in Surat, Gujarat, India.

The Company is engaged in the Home & Lifestyle 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 6.00 M and a paid-up capital of Rs 5.19 M.

The company currently has active open charges totaling ₹25.24 Cr. The company has closed loans amounting to ₹1.50 Cr, as per Ministry of Corporate Affairs (MCA) records.

Tulsidas Magnani and Bharatkumar Magnani serve as directors at the Company.

Company Details

  • Location

    Surat, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U17111GJ2004PTC044309

  • Company No.

    044309

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    16 Jun 2004

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Home & Lifestyle

Who are the key members and board of directors at Sweety Fashion?

Board Members (2)

Name Designation Appointment Date Status
Tulsidas Magnani Country flag representing In Director 16-Jun-2004 Current
Bharatkumar Magnani Country flag representing In Director 16-Jun-2004 Current

Financial Performance of Sweety Fashion.

Sweety Fashion Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 16.84% increase. The company also saw a substantial improvement in profitability, with a 23.92% increase in profit. The company's net worth Soared by an impressive increase of 15.6%.

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
16.84%
Revenue from Operations
16.84%
Total Assets
28.02%
Profit or Loss
23.92%
Net Worth
15.60%
EBITDA
53.38%

What is the Ownership and Shareholding Structure of Sweety Fashion?

In 2023, Sweety Fashion had a promoter holding of 33.20% and a public holding of 66.80%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹252.43 M

Satisfied Charges

₹15.00 M

Charges Breakdown by Lending Institutions

  • Others : 17.45 Cr
  • Hdfc Bank Limited : 7.15 Cr
  • Axis Bank Limited : 0.65 Cr

Latest Charge Details

Date Lender Amount Status
30 May 2022 Hdfc Bank Limited ₹7.15 Cr Open
19 Nov 2020 Axis Bank Limited ₹6.46 M Open
27 Nov 2013 Others ₹17.45 Cr Open
20 Dec 2006 Canara Bank ₹1.50 Cr Satisfied

How Many Employees Work at Sweety Fashion?

Sweety Fashion has a workforce of 18 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 Sweety Fashion, 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 Sweety Fashion'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 Sweety Fashion

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

    Sweety Fashion 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 Hdfc Bank Limited of Rs. 71.50 M registered on 30 May 2022 with Charge ID 100581908 was modified on 11 Mar 2024.

    11 Mar 2024

  • Charges

    A charge with Others of Rs. 174.47 M registered on 27 Nov 2013 with Charge ID 10462352 was modified on 01 Oct 2022.

    01 Oct 2022

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 71.50 M with Charge ID 100581908 was registered on 30 May 2022.

    30 May 2022

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 6.46 M with Charge ID 100393938 was registered on 19 Nov 2020.

    19 Nov 2020

Frequently asked questions

  • Sweety Fashion Private Limited was incorporated on 16 Jun 2004.

  • The authorized share capital of Sweety Fashion Private Limited is ₹ 6.00 M and paid-up capital is ₹ 5.19 M.

  • Currently 2 directors are associated with Sweety Fashion Private Limited.

    • Tulsidas Magnani
    • Bharatkumar Sunderdas Magnani
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sweety Fashion Private Limited is A/1029 Radhe Krishna Textilemarket Ring Road India, Surat, Gujarat, 395002.

  • The corporate identification number (CIN) of Sweety Fashion Private Limited is U17111GJ2004PTC044309 and the company number is 044309 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Sweety Fashion Private Limited is https://www.sweetyfashion.co.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Sweety Fashion Private Limited has risen by 16.84%.

  • As Per 2023 financial reports, 18 employees are currently employed by Sweety Fashion Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Sweety Fashion Private Limited has experienced an upsurge of 15.60%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Sweety Fashion Private Limited amount to ₹ 25.24 Cr.

  • The most recent Balance Sheet for Sweety Fashion Private Limited was filed with the ROC on 31 Mar 2024.

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