MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-GJ-22-0185224
Shakti Yarn Private Limited
Shakti Yarn Private Limited - manufacturing in Surat, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2022
₹217.08 Cr
▲ 33% YoY
Net loss · FY 2022
₹37.97 Lakh
Net margin -0.2%
EBITDA · FY 2022
₹4.84 Cr
EBITDA margin 2.2%
Authorised capital
₹5.5 Cr
Registered with MCA
Paid-up capital
₹5.5 Cr
Issued & subscribed
Open charges
₹101.75 Cr
Satisfied ₹35.75 Cr
Company age
31 yrs
Est. 1995
Directors on board
2
As per MCA filings
About Shakti Yarn Private Limited
Data last updated:
Shakti Yarn Private Limited is a private limited company based in Surat, Gujarat, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 18 January 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17119GJ1995PTC024256. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹5.5 Cr and a paid-up capital of ₹5.5 Cr. It is led by directors Bhagwan N Mahalik and Lalit Omkar Chandak.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at 601 A B 6th Floor Jivandeep Building Ring Road, Surat, Gujarat, India – 395002.
As per the financials filed for FY 2022, the company reported a revenue of ₹217.08 Cr, a growth of 33% compared to the previous year. For the same year it recorded a net loss of ₹37.97 Lakh (net margin -0.2%) and EBITDA of ₹4.84 Cr (EBITDA margin 2.2%). Revenue has declined at a compounded annual rate (CAGR) of 20% over three years and 8% over five years.
As per MCA filings, the company has open charges of ₹101.75 Cr and satisfied charges of ₹35.75 Cr on record. Court records list 14 cases involving the company, including 8 filed by the company and 6 filed against it; 4 cases are pending. The company has 8 deals on record (6 secondary share transfers, 2 funding rounds), with disclosed funding of ₹5.05 Cr; the latest was in November 2019. Its 7 peer companies in the Consumer Products industry (Textile Retail and Distribution), with the same principal business activity (wholesale trading) are compared by revenue, 3 larger and 4 smaller; the largest is Artex Trends (India) Private Limited with revenue of ₹220.71 Cr.
Shakti Yarn Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-GJ-22-0185224). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U17119GJ1995PTC024256
Registration Number 024256
Incorporation Date 18 January 1995
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2022
Date of Balance Sheet 31 March 2022
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-GJ-22-0185224
Recognitions & Rankings of Shakti Yarn
Contact details
Shakti Yarn Private Limited's registered office is in Surat, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address601 A B 6th Floor Jivandeep Building Ring Road, Surat, Gujarat, India – 395002
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Shakti Yarn Private Limited, buy the company report.
Comprehensive company report
Shakti Yarn Private Limited - one report that includes everything
- 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
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Secure checkout · GST invoice included
Business activity
The main business activity of Shakti Yarn 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 Shakti Yarn Private Limited, buy the company report.
Financials of Shakti Yarn Private Limited
FY 2022 filings availableShakti Yarn Private Limited reported revenue of ₹217.08 Cr (up 33% YoY) for FY 2022.
Revenue · FY 2022
₹217.08 Cr ▲ 33%
Net loss · FY 2022
₹37.97 Lakh margin -0.2%
EBITDA · FY 2022
₹4.84 Cr margin 2.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 33%
3 years · compounded
▼ 20%
5 years · compounded
▼ 8%
EBITDA CAGR growth
1 year
▼ 50%
3 years · compounded
▼ 27%
5 years · compounded
▼ 13%
Revenue rose 33% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 8%. EBITDA fell 50% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹217.08 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹4.84 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹37.97 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.2% | ||||
| Net Profit Margin | -0.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Shakti Yarn Private Limited, buy the company report.
Board of directors of Shakti Yarn Private Limited
Shakti Yarn has 2 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bhagwan N Mahalik | Director | 05 Nov 2019 | 6 Years 11 Months | Current |
| Lalit Omkar Chandak | Director | 04 Aug 1997 | 29 Years 2 Months | Current |
Peer comparison
Shakti Yarn Private Limited is compared with the 7 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 |
|---|---|---|---|---|---|---|
| Artex Trends (India) Private Limited | ₹220.71 Cr (FY 2025) | 10.0% | Bangalore, Karnataka, India | |||
| Anihar Global Private Limited | ₹220.26 Cr (FY 2022) | 157.0% | Ahmedabad, Gujarat, India | |||
| Kamal Designs Private Limited | ₹218.43 Cr (FY 2025) | -15.0% | New Delhi, Delhi, India | |||
| Shakti Yarn Private Limitedthis company | ₹217.08 Cr (FY 2022) | -₹37.97 Lakh | -0.2% | 33.0% | Surat, Gujarat, India | |
| Eshopbox E-Commerce Private Limited | ₹216.11 Cr (FY 2025) | 31.0% | Gurgaon, Haryana, India | |||
| Gopal Krishna Synthetics Private Limited | ₹214.26 Cr (FY 2025) | 14.0% | Bhilwara, Rajasthan, India | |||
| Ucchal Traders Private Limited | ₹213.68 Cr (FY 2017) | 239.0% | Mumbai, Maharashtra, India | |||
| Trimurti Hosiery Mills Private Limited | ₹206.1 Cr (FY 2025) | 4.0% | Ludhiana, Punjab, India |
To see the full peer comparison of Shakti Yarn Private Limited, buy the company report.
Auditor
Shakti Yarn Private Limited is audited by NIKESH DOSHI & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NIKESH DOSHI & ASSOCIATES | FY 2022 | 0139995W |
Shareholding
The shareholding of Shakti Yarn Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Shakti Yarn Private Limited, buy the company report.
Charges & borrowings
Open charges
₹101.75 Cr
Satisfied charges
₹35.75 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Mar 2008 | 10092519 | State Bank of India | ₹45 Cr | Open | |
| 22 Nov 2007 | 10077838 | State Bank of India | ₹56.75 Cr | Open | |
| 13 Oct 2004 | 80015325 | Ing Vysya Bank Limited | ₹5 Cr | Satisfied | |
| 15 Jun 2004 | 90111767 | Ing Vysya Bank Limited | ₹50 Lakh | Satisfied | |
| 07 Jan 2004 | 90108011 | Ing Vysya Bank Limited | ₹2.5 Cr | Satisfied |
To see the full charge records of Shakti Yarn Private Limited, buy the company report.
Total charge records: 10 View all charges
Deals & funding
Shakti Yarn Private Limited has 8 deals on record (6 secondary share transfers, 2 funding rounds), with disclosed funding of ₹5.05 Cr; the latest was in November 2019.
Total deals
8
Secondary share transfers
6
Funding rounds
2
Disclosed funding
₹5.05 Cr
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2019 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Nov 2019 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2013 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2010 | Secondary share transfer | Undisclosed | Buyer: Mahesh Khator HUF, 3 individuals Seller: Suryadeep Salt Refinery & Chemicals Work Limited, Om Procurement and Projects Limited, Marudhar Mundra Private Limited |
| Mar 2006 | Funding round | ₹3.05 Cr | Investors: Yash-V-Jewels Limited , 3 individuals |
To see the full deal history of Shakti Yarn Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Shakti Yarn Private Limited has 14 court cases on record: 8 filed by Shakti Yarn, 6 filed against it. 4 cases are pending and 10 are disposed.
Total cases
14
Filed by the company
8
Filed against the company
6
Pending
4
Disposed
10
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 14 | 6 | 4 |
Cases on record (5 of 14)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Cases) | Filed against the company by M/S Bhilosa Industries Pvt. Ltd., | Pending |
| District court, SURAT, Gujarat | Criminal complaint | Filed against the company by Ravi Rameshwarprasad Burnwal Autho.Of Mohit Industries Ltd | Pending |
| District court, SURAT, Gujarat | Criminal miscellaneous application | Filed against the company by Icici Bank Ltd. | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Cases) | Filed against the company by M/S Bhilso Industries Pvt. Ltd. | Pending |
| District court, SURAT, Gujarat | Criminal complaint | Filed against the company by State Bank of India | Pending |
To see the full case history of Shakti Yarn 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.
Credit ratings & regulatory alerts
Shakti Yarn Private Limited was last rated by Care on 16 Feb 2026.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 16 Feb 2026 |
To see the full credit ratings and regulatory alerts of Shakti Yarn Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Shakti Yarn Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Shakti Yarn has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
Total GSTINs
2
Cancelled / inactive
2
To see the full GST registrations and return filing status of Shakti Yarn Private Limited, buy the company report.
Recent activity
Shakti Yarn Private Limited has 10 board changes on record since 1997: 2 appointments and 8 cessations. The latest: Sangita Omkardas Chandak ceased to be Director on 07 Nov 2019.
AGM
Shakti Yarn Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.
Filing
Shakti Yarn Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Ahmedabad.
Charges
A charge with State Bank Of India of Rs. 56.75 Cr registered on 22 Nov 2007 with Charge ID 10077838 was modified on 23 Dec 2020.
Ceased
Sangita Omkardas Chandak ceased to be Director.
Appointed
Bhagwan N Mahalik was appointed as Director.
Charges
A charge with State Bank Of India of Rs. 45.00 Cr registered on 19 Mar 2008 with Charge ID 10092519 was modified on 09 Mar 2018.
Ceased
Bhagwatidevi Ramballabh Ladda ceased to be Director.
Ceased
Manish Ramballabh Ladda ceased to be Director.
Ceased
Ramballabh Nathmal Ladda ceased to be Director.
Ceased
Dineshbhai Bhikhabhai Desai ceased to be Director.
Ceased
Mamtaben Dineshbhai Desai ceased to be Director.
Ceased
Jagdishbhai Karamshibhai Bodra ceased to be Director.
27 earlier events are in the company report.
Frequently asked questions
Shakti Yarn is an active private limited company based in Surat, Gujarat, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 18 January 1995 (31+ years old) and is registered under CIN U17119GJ1995PTC024256.
Shakti Yarn has 2 current directors:
- Bhagwan N Mahalik - Director
- Lalit Omkar Chandak - Director
The latest financial statements of Shakti Yarn on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
No. Shakti Yarn has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Shakti Yarn is U17119GJ1995PTC024256. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shakti Yarn has 14 court cases on record: 8 filed by the company and 6 filed against it. 4 are pending.
Shakti Yarn was incorporated on 18 January 1995, making it 31+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Shakti Yarn has 8 deals on record (6 secondary share transfers, 2 funding rounds), with disclosed funding of ₹5.05 Cr; the latest was in November 2019.
The peers of Shakti Yarn by revenue are Artex Trends (India) Private Limited, Anihar Global Private Limited, Kamal Designs Private Limited, Eshopbox E-Commerce Private Limited, Gopal Krishna Synthetics Private Limited and 2 more, all in the Consumer Products industry (Textile Retail and Distribution), with the same principal business activity (wholesale trading).
Sangita Omkardas Chandak ceased to be Director on 07 Nov 2019. Bhagwan N Mahalik was appointed as Director on 05 Nov 2019. Bhagwatidevi Ramballabh Ladda ceased to be Director on 01 Oct 2013. Shakti Yarn has 10 board changes on record in total.
Yes, Shakti Yarn is registered as an MSME under Udyam registration (number: UDYAM-GJ-22-0185224).