Shubhsneh Textiles Private Limited
About Shubhsneh Textiles Private Limited
Data last updated:
Shubhsneh Textiles Private Limited is a private limited company based in Malegaon, Maharashtra, India. It operates in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 29 July 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U17290MH2013PTC310302. Its GSTIN is 27AATCS4050L1ZS (Maharashtra).
The company has an authorised share capital of ₹6 Cr and a paid-up capital of ₹6 Cr. It is led by directors Sudhir Gangabisan Kalantri and Sneha Sudhir Kalantri.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at C.S.N. 258 Mangalwar Ward, Malegaon, Maharashtra, India – 423203.
As per the financials filed for FY 2023, the company reported a revenue of ₹69.63 Cr, a decline of 24% compared to the previous year. For the same year it recorded a net profit of ₹7.66 Lakh (net margin 0.1%) and EBITDA of ₹1.08 Cr (EBITDA margin 1.6%). Revenue has declined at a compounded annual rate (CAGR) of 7% over three years and 5% over five years.
As per MCA filings, the company has open charges of ₹21.63 Cr and satisfied charges of ₹1.5 Cr on record. Court records list 21 cases involving the company, including 3 filed by the company and 18 filed against it; 2 cases are pending. The company has 1 deal on record (1 funding round), with disclosed funding of ₹5.99 Cr; the latest was in January 2014.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Shubhsneh Textiles has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U17290MH2013PTC310302, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U17290MH2013PTC310302 | Current |
| U17290PN2013PTC157573 | Previous |
| U17290MH2013PTC246307 | Previous |
Contact details
Shubhsneh Textiles Private Limited's registered office is in Malegaon, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressC.S.N. 258 Mangalwar Ward, Malegaon, Maharashtra, India – 423203
- IndustryHome & Lifestyle, Textile Retail & Distribution
To see the full contact details of Shubhsneh Textiles 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 activity of Shubhsneh Textiles 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 Shubhsneh Textiles Private Limited, buy the company report.
Financials of Shubhsneh Textiles Private Limited
FY 2023 filings availableShubhsneh Textiles Private Limited reported revenue of ₹69.63 Cr (down 24% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 5% over five years, including a 24% fall in the latest year. EBITDA fell 55% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹69.63 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.08 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹7.66 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 | |||||
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| Total Assets | |||||
Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.6% | ||||
| Net Profit Margin | 0.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| 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 Shubhsneh Textiles Private Limited, buy the company report.
Board of directors of Shubhsneh Textiles Private Limited
Shubhsneh Textiles has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sudhir Gangabisan Kalantri | Director | 29 Jul 2013 | 13 Years 3 Months | Current |
| Sneha Sudhir Kalantri | Director | 29 Jul 2013 | 13 Years 3 Months | Current |
Auditor
Shubhsneh Textiles Private Limited is audited by Satish K. Kasliwal & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Satish K. Kasliwal & Associates | FY 2023 | 0131845W |
Shareholding
The shareholding of Shubhsneh Textiles 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 Shubhsneh Textiles Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 Dec 2023 | 100853319 | Axis Bank Limited | ₹72.98 Lakh | Open | |
| 30 Dec 2021 | 100549748 | Others | ₹1.6 Cr | Open | |
| 05 Aug 2013 | 10445025 | Others | ₹19.3 Cr | Open | |
| 03 Oct 2018 | 100212541 | Others | ₹1.5 Cr | Satisfied |
To see the full charge records of Shubhsneh Textiles Private Limited, buy the company report.
Total charge records: 4 View all charges
Deals & funding
Shubhsneh Textiles Private Limited has 1 deal on record (1 funding round), with disclosed funding of ₹5.99 Cr; the latest was in January 2014.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2014 | Funding round | ₹5.99 Cr | Investors: 4 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Shubhsneh Textiles Private Limited has 21 court cases on record: 3 filed by Shubhsneh Textiles, 18 filed against it. 2 cases are pending and 19 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| Supreme Court | 15 | 15 | 0 |
| High courts | 4 | 2 | 0 |
| District courts | 2 | 1 | 2 |
Cases on record (5 of 21)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Nashik, Maharashtra | Civil suit | Filed against the company | Pending |
| District court, Nashik, Maharashtra | Civil suit | Filed by the company against Green Soft Textiles Etc 3 and 3 others | Pending |
| High Court, MAHARASHTRA | Interim or miscellaneous application | Filed by the company against individuals | Disposed |
| Bombay High Court | Interim or miscellaneous application | Filed by the company against an individual | Disposed |
| Supreme Court | Court case | Filed against the company by A. R. Textiles | Disposed |
To see the full case history of Shubhsneh Textiles 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Shubhsneh Textiles Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Shubhsneh Textiles has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AATCS4050L1ZS | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Shubhsneh Textiles Private Limited, buy the company report.
Recent activity
Shubhsneh Textiles Private Limited has 4 board changes on record since 2013: 3 appointments and 1 cessation. The latest: Nikita Sudhir Kalantri ceased to be Director on 22 Jan 2022.
1 earlier event is in the company report.
Frequently asked questions
Shubhsneh Textiles is an active private limited company based in Malegaon, Maharashtra, India. The company works in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 29 July 2013 (13+ years old) and is registered under CIN U17290MH2013PTC310302.
Shubhsneh Textiles has 2 current directors:
- Sudhir Gangabisan Kalantri - Director
- Sneha Sudhir Kalantri - Director
The latest financial statements of Shubhsneh Textiles on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Shubhsneh Textiles is 27AATCS4050L1ZS, registered in Maharashtra.
The CIN (Corporate Identification Number) of Shubhsneh Textiles is U17290MH2013PTC310302. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shubhsneh Textiles has 21 court cases on record: 3 filed by the company and 18 filed against it. 2 are pending. Most are in the supreme court.
Shubhsneh Textiles was incorporated on 29 July 2013, making it 13+ years old. It is registered with the Registrar of Companies, Mumbai.
Shubhsneh Textiles has 1 deal on record (1 funding round), with disclosed funding of ₹5.99 Cr; the latest was in January 2014.
Nikita Sudhir Kalantri ceased to be Director on 22 Jan 2022. Nikita Sudhir Kalantri was appointed as Director on 30 Aug 2013. Sneha Sudhir Kalantri was appointed as Director on 29 Jul 2013. Shubhsneh Textiles has 4 board changes on record in total.
The registered office of Shubhsneh Textiles is at C.S.N. 258 Mangalwar Ward, Malegaon, Maharashtra, India – 423203.