Satin Weaves Pvt Ltd
About Satin Weaves Pvt Ltd
Data last updated:
Satin Weaves Pvt Ltd is a private limited company based in Mangrol, Gujarat, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 11 November 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17110GJ1992PTC018550. Its GSTIN is 24AADCS3519E1ZP (Gujarat).
The company has an authorised share capital of ₹70 Lakh and a paid-up capital of ₹66.47 Lakh. It is led by directors including Nevil Jatinbhai Angadia and Jatin Ishwarlal Angadia.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Mangrol, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹15.83 Cr, a growth of 77% compared to the previous year. For the same year it recorded a net loss of ₹1.83 Cr (net margin -11.6%) and EBITDA of -₹55.43 Lakh (EBITDA margin -3.5%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 7% over five years.
As per MCA filings, the company has open charges of ₹7.47 Cr and satisfied charges of ₹4.96 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Satin Weaves Pvt Ltd's registered office is in Mangrol, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressShop No. E – 111/113 Road No. 10, Udhna Sangh Complex, Mangrol, Gujarat, India – 394210
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Satin Weaves Pvt Ltd, 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 Satin Weaves is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Satin Weaves Pvt Ltd, buy the company report.
Financials of Satin Weaves Pvt Ltd
FY 2024 filings availableSatin Weaves Pvt Ltd reported revenue of ₹15.83 Cr (up 77% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 7% over five years, including 77% growth in the latest year. EBITDA fell 178% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹55.43 Lakh | ||||
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| Net Profit (PAT) | -₹1.83 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | -3.5% | ||||
| Net Profit Margin | -11.6% | ||||
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To see the full financial statements and ratios of Satin Weaves Pvt Ltd, buy the company report.
Board of directors of Satin Weaves Pvt Ltd
Satin Weaves has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nevil Jatinbhai Angadia | Director | 03 May 2018 | 8 Years 6 Months | Current |
| Jatin Ishwarlal Angadia | Director | 11 Nov 1992 | 33 Years 11 Months | Current |
| Hansa Jatinbhai Angadia | Director | 10 Nov 2006 | 19 Years 11 Months | Current |
| Falgun Jatinbhai Angadia | Director | 03 May 2018 | 8 Years 6 Months | Current |
Peer comparison
Satin Weaves Pvt Ltd is compared with the 6 companies closest to it by revenue in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Super Fashion Fastners Pvt Ltd | ₹15.85 Cr (FY 2024) | -12.0% | New Delhi, Delhi, India | |||
| K M S Mill Private Limited | ₹15.85 Cr (FY 2024) | 16.0% | Pallipalayam, Tamil Nadu, India | |||
| Vinayak Textile Processors Private Limited | ₹15.84 Cr (FY 2025) | -5.0% | Sangli, Maharashtra, India | |||
| Shri Bholanath Industries Limited | ₹15.84 Cr (FY 2025) | 17.0% | New Delhi, Delhi, India | |||
| Satin Weaves Pvt Ltdthis company | ₹15.83 Cr (FY 2025) | -₹1.83 Cr | -11.6% | 77.0% | Mangrol, Gujarat, India | |
| Subhan Export Private Limited | ₹15.81 Cr (FY 2023) | 222.0% | New Delhi, Delhi, India | |||
| Pal Filament Private Limited | ₹15.79 Cr (FY 2025) | 20.0% | Surat, Gujarat, India |
To see the full peer comparison of Satin Weaves Pvt Ltd, buy the company report.
Auditor
Satin Weaves Pvt Ltd is audited by K. KIRAN & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K. KIRAN & CO | FY 2023 | 105178W |
Shareholding
The shareholding of Satin Weaves Pvt Ltd is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Satin Weaves Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Jul 2023 | 100773983 | Others | ₹4.06 Cr | Open | |
| 25 Mar 2022 | 100583267 | Others | ₹3.41 Cr | Open | |
| 25 Mar 2011 | 10371280 | Bank of Baroda | ₹50 Lakh | Satisfied | |
| 21 May 2002 | 90100810 | Bank of Baroda | ₹1.25 Cr | Satisfied | |
| 21 May 2002 | 90099519 | Bank of Baroda | ₹1.45 Cr | Satisfied |
To see the full charge records of Satin Weaves Pvt Ltd, buy the company report.
Total charge records: 9 View all charges
Legal cases
No court or tribunal cases involving Satin Weaves Pvt Ltd 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 Satin Weaves Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Satin Weaves has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AADCS3519E1ZP | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Satin Weaves Pvt Ltd, buy the company report.
Recent activity
Satin Weaves Pvt Ltd has 4 board changes on record since 1992: 4 appointments. The latest: Falgun Jatinbhai Angadia was appointed as Director on 03 May 2018.
15 earlier events are in the company report.
Frequently asked questions
Satin Weaves is an active private limited company based in Mangrol, Gujarat, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 11 November 1992 (34+ years old) and is registered under CIN U17110GJ1992PTC018550.
Satin Weaves has 4 current directors:
- Nevil Jatinbhai Angadia - Director
- Jatin Ishwarlal Angadia - Director
- Hansa Jatinbhai Angadia - Director
- Falgun Jatinbhai Angadia - Director
The latest financial statements of Satin Weaves on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Satin Weaves is 24AADCS3519E1ZP, registered in Gujarat.
The CIN (Corporate Identification Number) of Satin Weaves is U17110GJ1992PTC018550. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Satin Weaves was incorporated on 11 November 1992, making it 34+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Satin Weaves by revenue are Super Fashion Fastners Pvt Ltd, K M S Mill Private Limited, Vinayak Textile Processors Private Limited, Shri Bholanath Industries Limited, Subhan Export Private Limited and 1 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Falgun Jatinbhai Angadia was appointed as Director on 03 May 2018. Nevil Jatinbhai Angadia was appointed as Director on 03 May 2018. Hansa Jatinbhai Angadia was appointed as Director on 10 Nov 2006. Satin Weaves has 4 board changes on record in total.
The registered office of Satin Weaves is at Shop No. E – 111113 Road No. 10, Udhna Sangh Complex, Mangrol, Gujarat, India – 394210.
Satin Weaves operates in the manufacturing industry, in the textile and fabric production segment.
Satin Weaves has open charges of ₹7.47 Cr and satisfied charges of ₹4.96 Cr as per latest MCA filings.
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