About Sasural Tex Private Limited
Data last updated:
Sasural Tex Private Limited was a private limited company based in Surat, Gujarat, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 24 September 2013.
The company was registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17291GJ2013PTC076953. Its GSTIN is 24AAECV5855D1ZC (Gujarat).
The company had an authorised share capital of ₹40 Lakh and a paid-up capital of ₹28.5 Lakh. It was led by directors Rajeshwari Ashok Mundel and Ashok Chenaram Mundel.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at Surat, Gujarat.
As per the financials filed for FY 2023, the company reported a revenue of ₹1.15 Cr, a growth of 10% compared to the previous year. For the same year it recorded a net profit of ₹9,294 (net margin 0.1%) and EBITDA of ₹2.66 Lakh (EBITDA margin 2.3%). Revenue has declined at a compounded annual rate (CAGR) of 44% over three years and 31% over five years.
The last known website on record is varsiddhi.co.in.
Company details
Contact details
Sasural Tex Private Limited's registered office is in Surat, Gujarat. Its website is varsiddhi.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressFl C – 201 Vrundavan Residency, Saroli, Surat, Gujarat, India – 395010
- IndustryHome & Lifestyle, Textile Retail & Distribution
To see the full contact details of Sasural Tex 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 activities of Sasural Tex are trade and support service to organizations. In detail, this covers wholesale trading and other support services to organizations. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | |
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Sasural Tex Private Limited, buy the company report.
Financials of Sasural Tex Private Limited
FY 2023 filings availableSasural Tex Private Limited reported revenue of ₹1.15 Cr (up 10% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue rose 10% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 31%. EBITDA fell 74% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | ₹2.66 Lakh | ||||
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| Net Profit (PAT) | ₹9,294 | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA Margin | 2.3% | ||||
| Net Profit Margin | 0.1% | ||||
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To see the full financial statements and ratios of Sasural Tex Private Limited, buy the company report.
Board of directors of Sasural Tex Private Limited
Sasural Tex has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajeshwari Ashok Mundel | Director | 17 Jun 2023 | 3 Years 4 Months | As last reported |
| Ashok Chenaram Mundel | Director | 24 Sep 2013 | 13 Years 1 Months | As last reported |
Peer comparison
Sasural Tex Private Limited is compared with the 4 companies closest to it by revenue in the Consumer Products industry (Textile Retail and Distribution), 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 |
|---|---|---|---|---|---|---|
| Pee Gee Synthetics Pvt Ltd | ₹1.16 Cr (FY 2025) | 58.0% | Ahmedabad, Gujarat, India | |||
| Minetrack Private Limited | ₹1.16 Cr (FY 2025) | 29.0% | Kolkata, West Bengal, India | |||
| Sasural Tex Private Limitedthis company | ₹1.15 Cr (FY 2023) | ₹9,294 | 0.1% | 10.0% | Surat, Gujarat, India | |
| Govardhan Fashions Private Limited | ₹1.15 Cr (FY 2025) | -8.0% | Kolkata, West Bengal, India | |||
| H P Suits Private Limited | ₹1.15 Cr (FY 2019) | -22.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Sasural Tex Private Limited, buy the company report.
Auditor
Sasural Tex Private Limited is audited by ALOK KEDIA & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ALOK KEDIA & CO | FY 2020 | 125289W |
Shareholding
The shareholding of Sasural Tex Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Sasural Tex Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Sasural Tex Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Sasural Tex Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Sasural Tex has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAECV5855D1ZC | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Sasural Tex Private Limited, buy the company report.
Recent activity
Sasural Tex Private Limited has 6 board changes on record since 2013: 2 appointments and 4 cessations. The latest: Kailash Mundel ceased to be Director on 17 Jun 2023.
Frequently asked questions
Sasural Tex has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Sasural Tex was a private limited company based in Surat, Gujarat, India. The company worked in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 24 September 2013 and is registered under CIN U17291GJ2013PTC076953. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Sasural Tex is U17291GJ2013PTC076953. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sasural Tex had 2 directors:
- Rajeshwari Ashok Mundel - Director
- Ashok Chenaram Mundel - Director
Sasural Tex was incorporated on 24 September 2013. It is registered with the Registrar of Companies, Ahmedabad.
Sasural Tex can be reached through the website varsiddhi.co.in. Its registered office is in Surat, Gujarat, India.
The registered office of Sasural Tex is at Fl C – 201 Vrundavan Residency, Saroli, Surat, Gujarat, India – 395010.
The latest financial statements of Sasural Tex on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Sasural Tex is 24AAECV5855D1ZC, registered in Gujarat.
Sasural Tex operated in the home and lifestyle industry, in the textile retail and distribution segment.
The peers of Sasural Tex by revenue are Pee Gee Synthetics Pvt Ltd, Minetrack Private Limited, Govardhan Fashions Private Limited, H P Suits Private Limited, all in the Consumer Products industry (Textile Retail and Distribution), with the same principal business activity (wholesale trading).