Sharman Spinning Mills Profile
Key Indicators
- Authorised Capital ₹ 3.00 Cr
- Paid Up Capital ₹ 1.35 Cr
- Company Age 40 Year, 1 Month
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 65.90 Cr
- Satisfied Charges ₹ 80.61 Cr
- Revenue Growth 67.52%
- Profit Growth 108.94%
- Ebitda 80.30%
- Net Worth 13.87%
- Total Assets 36.79%
About Sharman Spinning Mills
Sharman Spinning Mills Private Limited (SSMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 19 April 1985 and has a history of 40 years and one month. Its registered office is in Ludhiana, Punjab, India.
The Company is engaged in the Manufacturing 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 3.00 Cr and a paid-up capital of Rs 1.35 Cr.
The company currently has active open charges totaling ₹65.90 Cr. The company has closed loans amounting to ₹80.61 Cr, as per Ministry of Corporate Affairs (MCA) records.
Rajan Jain, Naman Jain, Aditya Jain, and Two other members serve as directors at the Company.
Company Details
- Location
Ludhiana, Punjab, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U17115PB1985PTC006239
- Company No.
006239
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
19 Apr 1985
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Chandigarh
Industry
Manufacturing
Sharman Spinning Mills Private Limited
Explore comprehensive data for Sharman Spinning Mills Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Sharman Spinning Mills?
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Rajan Jain  | Whole-Time Director | 19-Apr-1985 | Current |
| Naman Jain | Whole-Time Director | 01-Sep-2017 | Current |
| Aditya Jain | Whole-Time Director | 01-Oct-2005 | Current |
| Ripan Jain | Whole-Time Director | 19-Apr-1985 | Current |
| Ram Jain | Director | 19-Apr-1985 | Current |
Financial Performance of Sharman Spinning Mills.
Sharman Spinning Mills Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 67.52% increase. The company also saw a substantial improvement in profitability, with a 108.94% increase in profit. The company's net worth Soared by an impressive increase of 13.87%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Sharman Spinning Mills?
In 2023, Sharman Spinning Mills had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
- Sharman Shawls And Fabrics Private Limited
Rajan Jain and Ripan Jain are mutual person
Charges (Loans)
Open Charges
₹65.90 Cr
Satisfied Charges
₹80.61 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 59.54 Cr
- Sidbi : 6.37 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 07 Aug 2024 | Hdfc Bank Limited | ₹1.07 M | Open |
| 13 Jun 2024 | Hdfc Bank Limited | ₹2.00 M | Open |
| 20 Feb 2023 | Sidbi | ₹3.05 Cr | Open |
| 18 Jul 2022 | Sidbi | ₹3.32 Cr | Open |
| 25 Feb 2022 | Hdfc Bank Limited | ₹9.90 M | Open |
How Many Employees Work at Sharman Spinning Mills?
Sharman Spinning Mills has a workforce of 520 employees as of Apr 08, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Sharman Spinning Mills, 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 Sharman Spinning Mills's trajectory.
Rating
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
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 Sharman Spinning Mills
Recent activity within the organization
- Annual General Meeting
Sharman Spinning Mills Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.11 Cr with Charge ID 100976006 was registered on 07 Aug 2024.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.20 Cr with Charge ID 100960949 was registered on 13 Jun 2024.
- Balance Sheet
Sharman Spinning Mills Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.
- Charges
A charge with Hdfc Bank Limited of Rs. 57.44 Cr registered on 17 May 2019 with Charge ID 100268477 was modified on 05 Feb 2024.
- Charges
A charge with Sidbi amounted to Rs. 3.05 Cr with Charge ID 100682420 was registered on 20 Feb 2023.
Frequently asked questions
What is the Incorporation or founding date of Sharman Spinning Mills Private Limited?
Sharman Spinning Mills Private Limited was incorporated on 19 Apr 1985.
What is authorized share capital and paid-up capital of Sharman Spinning Mills Private Limited?
The authorized share capital of Sharman Spinning Mills Private Limited is ₹ 3.00 Cr and paid-up capital is ₹ 1.35 Cr.
Who are the current board members & directors of Sharman Spinning Mills Private Limited?
Currently 5 directors are associated with Sharman Spinning Mills Private Limited.
- Rajan Jain
- Naman Jain
- Aditya Jain
- Ripan Jain
- Ram Kumar Jain
What is the registered address of Sharman Spinning Mills Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Sharman Spinning Mills Private Limited is 67-Club Road Civil Lines India, Ludhiana, Punjab, 141001.
What is the corporate identification number (CIN) and company number of Sharman Spinning Mills Private Limited?
The corporate identification number (CIN) of Sharman Spinning Mills Private Limited is U17115PB1985PTC006239 and the company number is 006239 as per Ministry of Corporate Affairs (MCA).
What is the official website of Sharman Spinning Mills Private Limited?
The Official website of Sharman Spinning Mills Private Limited is https://www.sharmanshawls.com
What has been the recent revenue trend for Sharman Spinning Mills Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Sharman Spinning Mills Private Limited has risen by 67.52%.
How many employees does Sharman Spinning Mills Private Limited currently have?
As Per 2023 financial reports, 520 employees are currently employed by Sharman Spinning Mills Private Limited.
What change has been observed in the net worth of Sharman Spinning Mills Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Sharman Spinning Mills Private Limited has experienced an upsurge of 13.87%.
What are the total open charges for Sharman Spinning Mills Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Sharman Spinning Mills Private Limited amount to ₹ 65.90 Cr.
When was the last Balance Sheet of Sharman Spinning Mills Private Limited filed with the ROC?
The most recent Balance Sheet for Sharman Spinning Mills Private Limited was filed with the ROC on 31 Mar 2024.
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