Shiven Yarn Private Limited

Shiven Yarn Private Limited - manufacturing in Surat, Gujarat, India. FY 2026 financials & compliance.
CIN U17120GJ2016PTC085948 Incorporated 04 February 2016 ROC Ahmedabad HQ Surat, Gujarat, India
Active Private Limited Company manufacturing MSME · Medium
Data last updated
Revenue · FY 2022
₹138.24 Cr
▲ 128% YoY
Net profit · FY 2022
₹3.22 Cr
Net margin 2.3%
EBITDA · FY 2022
₹8.53 Cr
EBITDA margin 6.2%
Authorised capital
₹12.5 Cr
Registered with MCA
Paid-up capital
₹12.5 Cr
Issued & subscribed
Open charges
₹138.3 Cr
Satisfied ₹125.88 Cr
Company age
10 yrs
Est. 2016
Employees · EPFO
1
Provident fund records

About Shiven Yarn Private Limited

Data last updated:

Shiven 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 04 February 2016 and has been in existence for over 10 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17120GJ2016PTC085948. Its GSTIN is 24AAWCS6997H1ZC (Gujarat).

The company has an authorised share capital of ₹12.5 Cr and a paid-up capital of ₹12.5 Cr. It is led by directors including Samir Ganpatbhai Patel and Chiragkumar Ramanbhai Patel.

Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Block No.179/A/1 Vill. Molvan Tal. Mangrol, Surat, Gujarat, India – 394110.

As per the financials filed for FY 2022, the company reported a revenue of ₹138.24 Cr, a growth of 128% compared to the previous year. For the same year it recorded a net profit of ₹3.22 Cr (net margin 2.3%) and EBITDA of ₹8.53 Cr (EBITDA margin 6.2%). Revenue has grown at a compounded annual rate (CAGR) of 32% over three years and 334% over five years.

The company has about 1 employee on its provident fund (EPFO) records.

The company is associated with 1 brand: Shiven Yarn. As per MCA filings, the company has open charges of ₹138.3 Cr and satisfied charges of ₹125.88 Cr on record. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it; 1 case is pending. The company has 7 deals on record (4 secondary share transfers, 2 rights issues, 1 funding round), with disclosed funding of ₹2.5 Cr; the latest was in November 2021. The company has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 8 overdue payments to 7 micro and small suppliers.

Shiven Yarn Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-22-0040999). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website shivenyarn.com.

Company details

CIN U17120GJ2016PTC085948
Registration Number 085948
Incorporation Date 04 February 2016
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-GJ-22-0040999
Key People
Samir Ganpatbhai Patel Director Chiragkumar Ramanbhai Patel Director Chirag Rajendra Rao Director

Recognitions & Rankings of Shiven Yarn

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-GJ-22-0040999

Contact details

Shiven Yarn Private Limited's registered office is in Surat, Gujarat. Its website is shivenyarn.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    shivenyarn.com
  • Registered Address
    Block No.179/A/1 Vill. Molvan Tal. Mangrol, Surat, Gujarat, India – 394110
  • Industry
    Manufacturing, Textile & Fabric Production

To see the full contact details of Shiven Yarn Private Limited, buy the company report.

Comprehensive company report
Shiven 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Brands

Shiven Yarn operates one associated brand: Shiven Yarn. Each brand links to its own profile.

BrandDescriptionWebsite
Shiven Yarn
Manufacturing and exporting of high tenacity yarns, mono yarn, and mother yarn in India.shivenyarn.com

Financials of Shiven Yarn Private Limited

FY 2025 filings available

Shiven Yarn Private Limited reported revenue of ₹138.24 Cr (up 128% YoY) for FY 2022.

Revenue · FY 2022
₹138.24 Cr ▲ 128%
Net profit · FY 2022
₹3.22 Cr margin 2.3%
EBITDA · FY 2022
₹8.53 Cr margin 6.2%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 128%
3 years · compounded
▲ 32%
5 years · compounded
▲ 334%
EBITDA CAGR growth
1 year
▲ 66%
3 years · compounded
▲ 30%

Revenue has grown at a compounded annual rate (CAGR) of 334% over five years, including 128% growth in the latest year. EBITDA rose 66% 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

MetricsFY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹138.24 Cr
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹8.53 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹3.22 Cr
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

MetricsFY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
Profitability
EBITDA Margin6.2%
Net Profit Margin2.3%
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 Shiven Yarn Private Limited, buy the company report.

Board of directors of Shiven Yarn Private Limited

Shiven Yarn has 7 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Samir Ganpatbhai Patel
Also directs: G.Gopal Weaves Private Limited, GRP Weaves Private Limited, Knitters Association of Western India
Director04 Feb 201610 Years 9 MonthsCurrent
Chiragkumar Ramanbhai PatelDirector23 Feb 201610 Years 8 MonthsCurrent
Chirag Rajendra Rao
Also directs: Krome Weaves LLP, Stuti Kromme Developers LLP, R Kromme Developer LLP and 1 more
Director23 Feb 201610 Years 8 MonthsCurrent
Mittul Maheshchandra Ruwala
Also directs: N D Ruwala LLP, Kushi Berry Farms LLP
Director23 Feb 201610 Years 8 MonthsCurrent
Ketanbhai Babubhai Patel
Also directs: G.Gopal Weaves Private Limited, GRP Weaves Private Limited
Director04 Feb 201610 Years 9 MonthsCurrent
Vinodkumar Mangaldas Patel
Also directs: Krome Weaves LLP
Director23 Feb 201610 Years 8 MonthsCurrent
Showing 6 of 7 current directors. View all directors

Auditor

Shiven Yarn Private Limited is audited by DV BARFIWALA AND CO. for the financial year 2022.

Auditor firmFinancial yearFirm registration number
DV BARFIWALA AND CO.FY 2022118936W

Shareholding

The shareholding of Shiven Yarn Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2021FY 2020FY 2019FY 2018
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Shiven Yarn Private Limited, buy the company report.

Charges & borrowings

Open charges
₹138.3 Cr
Satisfied charges
₹125.88 Cr
Breakdown by lending institutions
Axis Bank Limited₹103.32 Cr
Standard Chartered Bank₹34.98 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
15 Nov 2022100647955Standard Chartered Bank₹33.48 CrOpen
25 Oct 2022100640203Axis Bank Limited₹2.5 CrOpen
27 Apr 2022100567108Standard Chartered Bank₹1.5 CrOpen
07 Jan 2022100526272Axis Bank Limited₹2.5 CrOpen
13 Sep 2021100479894Axis Bank Limited₹49.16 CrOpen

To see the full charge records of Shiven Yarn Private Limited, buy the company report.

Total charge records: 15 View all charges

Deals & funding

Shiven Yarn Private Limited has 7 deals on record (4 secondary share transfers, 2 rights issues, 1 funding round), with disclosed funding of ₹2.5 Cr; the latest was in November 2021.

Total deals
7
Secondary share transfers
4
Rights issues
2
Funding round
1
Disclosed funding
₹2.5 Cr

Deals on record (5 of 7)

WhenDealAmountParties
Nov 2021Secondary share transferUndisclosedBuyer: 2 individuals
Seller: an individual
Feb 2021Secondary share transferUndisclosedBuyer: 3 individuals
Seller: 2 individuals
Dec 2020Secondary share transferUndisclosedBuyer: 4 individuals
Seller: an individual
Mar 2020Secondary share transferUndisclosedBuyer: an individual
Seller: Om India Weaves
Mar 2018Rights issue₹4 CrInvestors: Eagle Silk Mill Private Limited, 3 individuals

To see the full deal history of Shiven 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.

Credit ratings & regulatory alerts

Shiven Yarn Private Limited was last rated by Crisil on 24 Sep 2020.

Rating agencyRated onRating
Crisil24 Sep 2020

To see the full credit ratings and regulatory alerts of Shiven Yarn Private Limited, buy the company report.

MSME payment delays

Shiven Yarn Private Limited has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 8 overdue payments to 7 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (5 of 7)

SupplierAmount dueDue sinceReported on
an individual supplier
Kalyani Fibres Limited
Micro Plastic Products
an individual supplier
Zoom Texturisers Private Limited

To see the full MSME payment records of Shiven Yarn Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Shiven Yarn Private Limited has a workforce of 1 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.

Employee count
1
Active EPFO establishments
1

GST

Shiven Yarn has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AAWCS6997H1ZCGujaratActive01 Jul 2017

To see the full GST registrations and return filing status of Shiven Yarn Private Limited, buy the company report.

Recent activity

Shiven Yarn Private Limited has 8 board changes on record since 2016: 7 appointments and 1 cessation. The latest: Jiteshkumar Mukundchandra Ruwala ceased to be Director on 01 Nov 2017.

AGM
Shiven Yarn Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Shiven Yarn Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Standard Chartered Bank of Rs. 1.50 Cr registered on 27 Apr 2022 with Charge ID 100567108 was modified on 13 Nov 2023.
Charges
A charge registered on 22 Feb 2021 via Charge ID 100421197 with Others was fully satisfied on 13 Feb 2023.
Charges
A charge registered on 22 Feb 2021 via Charge ID 100441588 with Others was fully satisfied on 13 Feb 2023.
Charges
A charge registered on 02 Jul 2018 via Charge ID 100196636 with Others was fully satisfied on 13 Feb 2023.
Charges
A charge registered on 02 Jul 2018 via Charge ID 100196637 with Others was fully satisfied on 13 Feb 2023.
Charges
A charge with Axis Bank Limited of Rs. 49.16 Cr registered on 13 Sep 2021 with Charge ID 100479894 was modified on 04 Jan 2023.
Charges
A charge with Axis Bank Limited of Rs. 49.16 Cr registered on 28 Jul 2021 with Charge ID 100472997 was modified on 29 Dec 2022.
Charges
A charge with Standard Chartered Bank amounted to Rs. 33.48 Cr with Charge ID 100647955 was registered on 15 Nov 2022.
Charges
A charge with Axis Bank Limited amounted to Rs. 2.50 Cr with Charge ID 100640203 was registered on 25 Oct 2022.
Charges
A charge with Standard Chartered Bank amounted to Rs. 1.50 Cr with Charge ID 100567108 was registered on 27 Apr 2022.

29 earlier events are in the company report.

Frequently asked questions

Shiven 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 04 February 2016 (10+ years old) and is registered under CIN U17120GJ2016PTC085948.

Shiven Yarn has 7 current directors:

The latest financial statements of Shiven Yarn on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2016 are in the company report.

The GSTIN of Shiven Yarn is 24AAWCS6997H1ZC, registered in Gujarat.

The CIN (Corporate Identification Number) of Shiven Yarn is U17120GJ2016PTC085948. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Shiven Yarn has 2 court cases on record: 1 filed by the company and 1 filed against it. 1 is pending.

Shiven Yarn was incorporated on 04 February 2016, making it 10+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Shiven Yarn has 7 deals on record (4 secondary share transfers, 2 rights issues, 1 funding round), with disclosed funding of ₹2.5 Cr; the latest was in November 2021.

Jiteshkumar Mukundchandra Ruwala ceased to be Director on 01 Nov 2017. Chirag Rajendra Rao was appointed as Director on 23 Feb 2016. Chiragkumar Ramanbhai Patel was appointed as Director on 23 Feb 2016. Shiven Yarn has 8 board changes on record in total.

Yes, Shiven Yarn is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-22-0040999).

Shiven Yarn has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 8 overdue payments to 7 micro and small suppliers. The latest return was filed on 08 Jun 2019.