Yarn Syndicate Ltd

Exports various types of yarn to multiple countries, with ISO certification and established since 1946.

1946 | Ahmedabad, Gujarat (India) | Active
Last Updated:

Yarn Syndicate Profile

Key Indicators

  • Authorised Capital ₹ 22.00 Cr
  • Paid Up Capital ₹ 12.75 Cr
  • Company Age 78 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 10.60 Cr
  • Revenue Growth -95.07%
  • Profit Growth -139.84%
  • Ebitda 1.28%
  • Net Worth -61.66%
  • Total Assets -59.68%

About Yarn Syndicate

Yarn Syndicate Ltd (YSL) was founded in India on 23 May 1946 and has a glorious history of 78 years and 11 months.Its registered office is in Ahmedabad, Gujarat, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 514378.

The Company is engaged in the Trading 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 22.00 Cr and a paid-up capital of Rs 12.75 Cr.

The company has closed loans amounting to ₹10.60 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Yarn Syndicate Ltd India are Dharmesh Tripathi as CFO and Shwetambery Khurana as Company Secretary. Ravi Pandya, Nandish Jani, Nidhi Bansal, and One other member serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L51109GJ1946PLC153972

  • Company No.

    013842

  • Stock Symbol

    BSE : 514378

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    23 May 1946

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Ahmedabad

Industry

Trading
Company report

Yarn Syndicate Ltd

Explore comprehensive data for Yarn Syndicate Ltd, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Yarn Syndicate?

Executive Team (3)

NameDesignationAppointment DateStatus
Ravi Pandya Country flag representing In Managing Director12-May-2023Current
Dharmesh Tripathi CFO09-Sep-2023Current
Shwetambery Khurana Company Secretary25-Jul-2024Current

Board Members (3)

NameDesignationAppointment DateStatus
Nandish Jani Country flag representing In Director 13-Feb-2023Current
Nidhi Bansal Country flag representing In Director 12-May-2023Current
Chetan Ojha Country flag representing In Director 11-Sep-2023Current

Financial Performance of Yarn Syndicate.

Yarn Syndicate Ltd, for the financial year ended 2023, experienced significant reduction in revenue, with a 95.07% decrease. The company also saw a substantial fall in profitability, with a 139.84% decrease in profit. The company's net worth observed a substantial decline by a decrease of 61.66%.

Yarn Syndicate revenue growth over time
Yarn Syndicate 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
-95.07%
Revenue from Operations
Total Assets
-59.68%
Profit or Loss
-139.84%
Net Worth
-61.66%
EBITDA
1.28%

What is the Ownership and Shareholding Structure of Yarn Syndicate?

In 2023, Yarn Syndicate had a promoter holding of 35.11% and a public holding of 64.89%. 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

₹10.60 Cr

Charges Breakdown by Lending Institutions

  • Canara Bank : 10.60 Cr

Latest Charge Details

DateLenderAmountStatus
06 Oct 2009Canara Bank₹10.00 CrSatisfied
16 Sep 2006Canara Bank₹6.00 MSatisfied

How Many Employees Work at Yarn Syndicate?

Yarn Syndicate has a workforce of 3 employees as of Mar 29, 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 Yarn Syndicate Ltd

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Yarn Syndicate, 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 Yarn Syndicate'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 Yarn Syndicate

Recent activity within the organization

  • Annual General Meeting

    Yarn Syndicate Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Director Appointment

    Shwetambery Khurana was appointed as a Company Secretary was appointed as a Company Secretary on 25 Jul 2024 & has been associated with this company since 9 months 15 days .

  • Balance Sheet

    Yarn Syndicate Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

  • Director Appointment

    Chetan Kumar Ojha was appointed as a Director was appointed as a Director on 11 Sep 2023 & has been associated with this company since 1 year 7 months .

  • Director Appointment

    Ravi Niranjan Pandya was appointed as a Managing Director was appointed as a Managing Director on 12 May 2023 & has been associated with this company since 1 year 11 months .

  • Director Appointment

    Nidhi Bansal was appointed as a Director was appointed as a Director on 12 May 2023 & has been associated with this company since 1 year 11 months .

Frequently asked questions

  • What is the Incorporation or founding date of Yarn Syndicate Ltd?

    Yarn Syndicate Ltd was incorporated on 23 May 1946.

  • What is authorized share capital and paid-up capital of Yarn Syndicate Ltd?

    The authorized share capital of Yarn Syndicate Ltd is ₹ 22.00 Cr and paid-up capital is ₹ 12.75 Cr.

  • Who are the current board members & directors of Yarn Syndicate Ltd?

    Currently 6 directors are associated with Yarn Syndicate Ltd.

    • Ravi Niranjan Pandya
    • Nandish Shaileshbhai Jani
    • Nidhi Bansal
    • Chetan Kumar Ojha
    • Dharmesh Tripathi
    • Shwetambery Khurana
  • What is the registered address of Yarn Syndicate Ltd?

    As per Ministry of Corporate Affairs (Mca), the registered address of Yarn Syndicate Ltd is 13 S No-10 Devraj Estate Nr Balaji Petrol Pump Pirana Road Piplaj India, Ahmadabad City, Gujarat, 382405.

  • What is the corporate identification number (CIN) and company number of Yarn Syndicate Ltd?

    The corporate identification number (CIN) of Yarn Syndicate Ltd is L51109GJ1946PLC153972 and the company number is 013842 as per Ministry of Corporate Affairs (MCA).

  • Is Yarn Syndicate Ltd registered with any stock exchange in India?

    Yes, Yarn Syndicate Ltd is registered on Bombay Stock Exchange (BSE).

  • What is the official website of Yarn Syndicate Ltd?

    The Official website of Yarn Syndicate Ltd is https://www.yarnsyndicate.in

  • What has been the recent revenue trend for Yarn Syndicate Ltd?

    According to the financial reports for the fiscal year 2023, the revenue trend for Yarn Syndicate Ltd has fallen by -95.07%.

  • How many employees does Yarn Syndicate Ltd currently have?

    As Per 2023 financial reports, 3 employees are currently employed by Yarn Syndicate Ltd.

  • What change has been observed in the net worth of Yarn Syndicate Ltd, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Yarn Syndicate Ltd has experienced an downturn of -61.66%.

  • When was the last Balance Sheet of Yarn Syndicate Ltd filed with the ROC?

    The most recent Balance Sheet for Yarn Syndicate Ltd was filed with the ROC on 31 Mar 2024.

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