About Shraddha Synthetics Private Limited
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Shraddha Synthetics Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 24 June 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U17110MH1997PTC108968. Its GSTIN is 27AACCS1513M1ZD (Maharashtra).
The company has an authorised share capital of ₹80 Lakh and a paid-up capital of ₹70.5 Lakh. It is led by directors Sushil Kumar Keshardeo Beswala and Alok Kumar Beswala.
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 17A – B/120 Samhita Complexoff Andheri Kurla Road Saki Naka Andheri (E), Mumbai, Maharashtra, India – 400072.
As per the financials filed for FY 2025, the company reported a revenue of ₹7.62 Cr, a decline of 9% compared to the previous year. For the same year it recorded a net loss of ₹19.98 Lakh (net margin -2.6%) and EBITDA of ₹23.56 Lakh (EBITDA margin 3.1%). Revenue has declined at a compounded annual rate (CAGR) of 6% over three years and 9% over five years.
The company has about 5 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹18.8 Cr and satisfied charges of ₹60 Lakh on record. Court records list 4 cases involving the company, including 3 filed by the company and 1 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website shraddhaindia.com.
Company details
Contact details
Shraddha Synthetics Private Limited's registered office is in Mumbai, Maharashtra. Its website is shraddhaindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address17A – B/120 Samhita Complexoff Andheri Kurla Road Saki Naka Andheri (E), Mumbai, Maharashtra, India – 400072
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Shraddha Synthetics 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 Shraddha Synthetics are manufacturing and financial and insurance service. In detail, this covers textile, leather and other apparel products and other financial activities. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products | |
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Shraddha Synthetics Private Limited, buy the company report.
Financials of Shraddha Synthetics Private Limited
FY 2025 filings availableShraddha Synthetics Private Limited reported revenue of ₹7.62 Cr (down 9% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 9% over five years, including a 9% fall in the latest year. EBITDA fell 59% 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 | ₹23.56 Lakh | ||||
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| Net Profit (PAT) | -₹19.98 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.1% | ||||
| Net Profit Margin | -2.6% | ||||
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To see the full financial statements and ratios of Shraddha Synthetics Private Limited, buy the company report.
Board of directors of Shraddha Synthetics Private Limited
Shraddha Synthetics has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sushil Kumar Keshardeo Beswala Also directs: Yash Fashions Private Limited | Director | 24 Jun 1997 | 29 Years 4 Months | Current |
| Alok Kumar Beswala Also directs: Yash Fashions Private Limited, Indigo Ventures LLP | Director | 24 Jun 1997 | 29 Years 4 Months | Current |
Peer comparison
Shraddha Synthetics Private Limited 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 |
|---|---|---|---|---|---|---|
| Triveni Handlooms Limited | ₹7.64 Cr (FY 2017) | 9.0% | Uttar Pradesh, India | |||
| Amar India Woollen Mills Pvt Ltd | ₹7.63 Cr (FY 2023) | -10.0% | Punjab, India | |||
| Shraddha Synthetics Private Limitedthis company | ₹7.62 Cr (FY 2025) | -₹19.98 Lakh | -2.6% | -9.0% | 5 | Mumbai, Maharashtra, India |
| Baheti Industries Private Limited | ₹7.62 Cr (FY 2022) | 2.0% | Kanpur, Uttar Pradesh, India | |||
| Shri Salasar Realtech Private Limited | ₹7.62 Cr (FY 2025) | 9.0% | Jaipur, Rajasthan, India | |||
| Magenta Trading Private Limited | ₹7.61 Cr (FY 2018) | -73.0% | Bangalore, Karnataka, India | |||
| Devashri Cotex Private Limited | ₹7.61 Cr (FY 2023) | 4.0% | Dhule, Maharashtra, India |
To see the full peer comparison of Shraddha Synthetics Private Limited, buy the company report.
Auditor
Shraddha Synthetics Private Limited is audited by MAHESH SABOO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MAHESH SABOO | FY 2023 | 035914 |
Shareholding
The shareholding of Shraddha Synthetics 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 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 Shraddha Synthetics Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Mar 2023 | 100727045 | Others | ₹80 Lakh | Open | |
| 08 Jan 2007 | 10038452 | Oriental Bank of Commerce | ₹16.1 Cr | Open | |
| 21 Dec 2006 | 10294822 | Oriental Bank of Commerce Andheri Overseas Branch | ₹1.9 Cr | Open | |
| 22 Aug 2005 | 90351098 | Tamilnad Mercantile Bank Ltd. | ₹60 Lakh | Satisfied |
To see the full charge records of Shraddha Synthetics Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Shraddha Synthetics Private Limited has 4 court cases on record: 3 filed by Shraddha Synthetics, 1 filed against it. 2 cases are pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 1 | 2 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thane, Maharashtra | Court case (Civil M.A.) | Filed by the company against Tata Aig General Insurance Company Ltd. and 1 other | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Case) | Filed by the company against individuals | Pending |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Ref.IDA) | Filed by the company against an individual | Pending |
| District court, Thane, Maharashtra | Court case (Civil M.A.) | Filed against the company by M/S Gayatri International Trading Company Through Pritam Singh Lingawal | Disposed |
To see the full case history of Shraddha Synthetics 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
Shraddha Synthetics Private Limited was last rated by Icra on 20 Jun 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 20 Jun 2022 |
To see the full credit ratings and regulatory alerts of Shraddha Synthetics Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Shraddha Synthetics Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Shraddha Synthetics Private Limited has a workforce of 5 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
Shraddha Synthetics has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCS1513M1ZD | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Shraddha Synthetics Private Limited, buy the company report.
Recent activity
Shraddha Synthetics Private Limited has 2 board changes on record since 1997: 2 appointments. The latest: Alok Kumar Beswala was appointed as Director on 24 Jun 1997.
Frequently asked questions
Shraddha Synthetics is an active private limited company based in Mumbai, Maharashtra, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 24 June 1997 (29+ years old) and is registered under CIN U17110MH1997PTC108968.
Shraddha Synthetics has 2 current directors:
- Sushil Kumar Keshardeo Beswala - Director
- Alok Kumar Beswala - Director
The latest financial statements of Shraddha Synthetics 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 2015 are in the company report.
The GSTIN of Shraddha Synthetics is 27AACCS1513M1ZD, registered in Maharashtra.
The CIN (Corporate Identification Number) of Shraddha Synthetics is U17110MH1997PTC108968. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shraddha Synthetics has 4 court cases on record: 3 filed by the company and 1 filed against it. 2 are pending.
Shraddha Synthetics was incorporated on 24 June 1997, making it 29+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Shraddha Synthetics by revenue are Triveni Handlooms Limited, Amar India Woollen Mills Pvt Ltd, Baheti Industries Private Limited, Shri Salasar Realtech Private Limited, Magenta Trading Private Limited and 1 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Alok Kumar Beswala was appointed as Director on 24 Jun 1997. Sushil Kumar Keshardeo Beswala was appointed as Director on 24 Jun 1997.
Shraddha Synthetics can be reached through the website shraddhaindia.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Shraddha Synthetics is at 17A – B120 Samhita Complexoff Andheri Kurla Road Saki Naka Andheri E, Mumbai, Maharashtra, India – 400072.
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