H. Sharda Texfab Private Limited
About H. Sharda Texfab Private Limited
Data last updated:
H. Sharda Texfab Private Limited was a private limited company based in Surat, Gujarat, India. The company has been dissolved (liquidated) as per MCA records and no longer exists as a legal entity. Any dealings with a dissolved entity carry legal and financial risk. It operated in the designer and branded fashion segment of the fashion and textiles sector. It was incorporated on 06 January 2012.
The company was registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17120GJ2012PTC068500. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹25 Lakh and a paid-up capital of ₹21.05 Lakh. It was led by directors Hiteshbhai Devashibhai Sakhiya (Managing Director) and Manishaben Hiteshbhai Sakhiya (Whole-Time Director).
Its last annual general meeting (AGM) was held on 13 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office was at Block No. 170 Plot No. 58 Darshan Ind. Estate Village : Jolva Taluka : Palsana, Surat, Gujarat, India – 394305.
As per the financials filed for FY 2019, the company reported a revenue of ₹42.29 Lakh, a decline of 86% compared to the previous year. For the same year it recorded a net loss of ₹20.92 Lakh (net margin -49.5%) and EBITDA of -₹13.92 Lakh (EBITDA margin -32.9%). Revenue has declined at a compounded annual rate (CAGR) of 71% over three years.
As per MCA filings, the company had open charges of ₹8.25 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.
Company details
Contact details
H. Sharda Texfab Private Limited's registered office is in Surat, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressBlock No. 170 Plot No. 58 Darshan Ind. Estate Village : Jolva Taluka : Palsana, Surat, Gujarat, India – 394305
- IndustryFashion and Textile, Designer & Branded Fashion
To see the full contact details of H. Sharda Texfab Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of H. Sharda Texfab is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of H. Sharda Texfab Private Limited, buy the company report.
Financials of H. Sharda Texfab Private Limited
FY 2019 filings availableH. Sharda Texfab Private Limited reported revenue of ₹42.29 Lakh (down 86% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 71% over three years, including a 86% fall in the latest year. EBITDA rose 92% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA | -₹13.92 Lakh | ||||
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| Net Profit (PAT) | -₹20.92 Lakh | ||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| Profitability | |||||
| EBITDA Margin | -32.9% | ||||
| Net Profit Margin | -49.5% | ||||
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To see the full financial statements and ratios of H. Sharda Texfab Private Limited, buy the company report.
Board of directors of H. Sharda Texfab Private Limited
H. Sharda Texfab has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manishaben Hiteshbhai Sakhiya | Whole-Time Director | 06 Jan 2012 | 14 Years 10 Months | As last reported |
| Hiteshbhai Devashibhai Sakhiya | Managing Director | 06 Jan 2012 | 14 Years 10 Months | As last reported |
Peer comparison
H. Sharda Texfab Private Limited is compared with the 3 companies closest to it by revenue in the Apparel industry (Branded Wear), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Tetra Needles India Private Limited | ₹43.41 Lakh (FY 2022) | Chennai, Tamil Nadu, India | ||||
| H. Sharda Texfab Private Limitedthis company | ₹42.29 Lakh (FY 2019) | -₹20.92 Lakh | -49.5% | -86.0% | Surat, Gujarat, India | |
| D2dart Private Limited | ₹41.22 Lakh (FY 2025) | 52.0% | Ahmedabad, Gujarat, India | |||
| Divine Fashion Creation Private Limited | ₹41.1 Lakh (FY 2019) | -62.0% | Indore, Madhya Pradesh, India |
To see the full peer comparison of H. Sharda Texfab Private Limited, buy the company report.
Auditor
H. Sharda Texfab Private Limited is audited by A SOJITRA & ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A SOJITRA & ASSOCIATES | FY 2018 | 128161W |
Shareholding
The shareholding of H. Sharda Texfab Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of H. Sharda Texfab Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Aug 2012 | 10373469 | The Surat People'S Co-Op Bank Limited | ₹8.25 Cr | Open |
To see the full charge records of H. Sharda Texfab Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
H. Sharda Texfab Private Limited has 1 court case on record: 1 filed by H. Sharda Texfab. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Ahmedabad | Insolvency matter | Filed by the company against an individual | Disposed |
To see the full case history of H. Sharda Texfab Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for H. Sharda Texfab Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
H. Sharda Texfab has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of H. Sharda Texfab Private Limited, buy the company report.
Recent activity
H. Sharda Texfab Private Limited has 4 board changes on record since 2012: 2 appointments and 2 cessations. The latest: Hiteshbhai Devashibhai Sakhiya ceased to be Director on 30 Aug 2012.
Frequently asked questions
H. Sharda Texfab has been "Dissolved (Liquidated)" as per MCA records. The company has ceased to exist as a legal entity. Any contracts or dealings with a dissolved entity may be legally unenforceable.
H. Sharda Texfab was a private limited company based in Surat, Gujarat, India. The company worked in designer and branded fashion, within the fashion and textile industry. It was incorporated on 06 January 2012 and is registered under CIN U17120GJ2012PTC068500. The company is recorded as dissolved (liquidated) in MCA records and no longer exists as a legal entity.
H. Sharda Texfab was incorporated on 06 January 2012. It is registered with the Registrar of Companies, Ahmedabad.
H. Sharda Texfab had 2 directors:
- Hiteshbhai Devashibhai Sakhiya - Managing Director
- Manishaben Hiteshbhai Sakhiya - Whole-Time Director
The CIN (Corporate Identification Number) of H. Sharda Texfab is U17120GJ2012PTC068500. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of H. Sharda Texfab is at Block No. 170 Plot No. 58 Darshan Ind. Estate Village : Jolva Taluka : Palsana, Surat, Gujarat, India – 394305.
The latest financial statements of H. Sharda Texfab on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 13 September 2019. Year-wise statements from 2015 are in the company report.
No. H. Sharda Texfab has 1 GST registration on record and it is cancelled or inactive.
H. Sharda Texfab operated in the fashion and textile industry, in the designer and branded fashion segment.
The peers of H. Sharda Texfab by revenue are Tetra Needles India Private Limited, D2dart Private Limited, Divine Fashion Creation Private Limited, all in the Apparel industry (Branded Wear), with the same principal business activity (wholesale trading).
H. Sharda Texfab has 1 court case on record: 1 filed by the company.
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