About Shyam Indofab Private Limited
Data last updated:
Shyam Indofab Private Limited is a private limited company based in New Delhi, Delhi, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 19 January 2012.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U17299DL2012PTC251684. Its GSTIN is 06AARCS6679R1ZZ (Haryana). The company holds 6 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹13 Cr and a paid-up capital of ₹7.29 Cr. It is led by directors including Anurag Aggarwal and Sandeep Gupta.
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 1212A Chiranjiv Tower 43 Nehru Place, New Delhi, Delhi, India – 110019.
As per the financials filed for FY 2023, the company reported a revenue of ₹75.01 Cr, a decline of 44% compared to the previous year. For the same year it recorded a net loss of ₹40.15 Cr (net margin -53.5%) and EBITDA of -₹33.93 Cr (EBITDA margin -45.2%). Revenue has declined at a compounded annual rate (CAGR) of 23% over three years and 11% over five years.
The company has about 134 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹480.03 Cr and satisfied charges of ₹80.83 Cr on record. Court records list 18 cases involving the company, including 1 filed by the company and 17 filed against it; 10 cases are pending. The company has 5 deals on record (4 funding rounds, 1 secondary share transfer), with disclosed funding of ₹27.56 Cr; the latest was in October 2017. Its 6 peer companies in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products) are compared by revenue, 3 larger and 3 smaller; the largest is Vishwashreya Fashion Private Limited with revenue of ₹75.16 Cr.
The last known website on record is shyamindofab.com.
Company details
CIN history
Shyam Indofab has one previous CIN (Corporate Identification Number): U17299CH2012PTC033491. The current CIN is U17299DL2012PTC251684, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U17299DL2012PTC251684 | Current |
| U17299CH2012PTC033491 | Previous |
Contact details
Shyam Indofab Private Limited's registered office is in New Delhi, Delhi. Its website is shyamindofab.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address1212A Chiranjiv Tower 43 Nehru Place, New Delhi, Delhi, India – 110019
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Shyam Indofab 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 Shyam Indofab is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Shyam Indofab Private Limited, buy the company report.
Financials of Shyam Indofab Private Limited
FY 2023 filings availableShyam Indofab Private Limited reported revenue of ₹75.01 Cr (down 44% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 11% over five years, including a 44% fall in the latest year. EBITDA fell 605% 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 | ₹75.01 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹33.93 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹40.15 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -45.2% | ||||
| Net Profit Margin | -53.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
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| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Shyam Indofab Private Limited, buy the company report.
Board of directors of Shyam Indofab Private Limited
Shyam Indofab has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anurag Aggarwal Also directs: Beeline Finwell Private Limited | Director | 24 Oct 2014 | 12 Years 0 Months | As last reported |
| Sandeep Gupta Also directs: Sif Trends LLP | Director | 19 Jan 2012 | 14 Years 9 Months | As last reported |
| Jagdish Kumar Also directs: Trupro Insolvency Services LLP, Sail-Scl Kerala Limited, Labour Lens Advisory Private Limited and 1 more | Irp/Rp/Liquidator | 13 Nov 2024 | 1 Years 11 Months | As last reported |
Peer comparison
Shyam Indofab 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 |
|---|---|---|---|---|---|---|
| Vishwashreya Fashion Private Limited | ₹75.16 Cr (FY 2024) | 3.0% | Bhatpara, West Bengal, India | |||
| Sanrhea Technical Textiles Limited | ₹75.13 Cr (FY 2025) | 10.0% | Ahmedabad, Gujarat, India | |||
| Prasad Commodities Private Limited | ₹75.01 Cr (FY 2025) | -28.0% | Gangakhed, Maharashtra, India | |||
| Shyam Indofab Private Limitedthis company | ₹75.01 Cr (FY 2023) | -₹40.15 Cr | -53.5% | -44.0% | 134 | New Delhi, Delhi, India |
| Kejriwal Dyeing and Printing Mills Private Limited | ₹74.95 Cr (FY 2025) | 0.0% | Surat, Gujarat, India | |||
| Aditi Silk Mills Private Limited | ₹74.8 Cr (FY 2025) | 21.0% | Surat, Gujarat, India | |||
| Supertex Mills (India) Private Limited | ₹74.77 Cr (FY 2025) | 24.0% | Coimbatore, Tamil Nadu, India |
To see the full peer comparison of Shyam Indofab Private Limited, buy the company report.
Auditor
Shyam Indofab Private Limited is audited by ROHIT MALIK & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ROHIT MALIK & ASSOCIATES | FY 2023 | 004380C |
Shareholding
The shareholding of Shyam Indofab 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 Shyam Indofab Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Mar 2022 | 100559424 | Others | ₹12.38 Cr | Open | |
| 15 Feb 2022 | 100545237 | Others | ₹1.44 Cr | Open | |
| 14 Dec 2021 | 100520257 | Bank of India | ₹5 Cr | Open | |
| 04 Jun 2021 | 100454225 | Bank of India | ₹199.04 Cr | Open | |
| 22 Mar 2021 | 100436434 | Others | ₹23.96 Cr | Open |
To see the full charge records of Shyam Indofab Private Limited, buy the company report.
Total charge records: 24 View all charges
Deals & funding
Shyam Indofab Private Limited has 5 deals on record (4 funding rounds, 1 secondary share transfer), with disclosed funding of ₹27.56 Cr; the latest was in October 2017.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2017 | Funding round | ₹2.34 Cr | Investors: an individual |
| Apr 2017 | Funding round | ₹4.68 Cr | Investors: an individual |
| Jun 2014 | Funding round | ₹14.89 Cr | Investors: an individual |
| Mar 2014 | Funding round | ₹5.65 Cr | Investors: Sandeep Gupta HUF, an individual |
| Oct 2012 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Shyam Indofab Private Limited has 18 court cases on record: 1 filed by Shyam Indofab, 17 filed against it. 10 cases are pending and 8 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 15 | 15 | 9 |
| High courts | 2 | 1 | 1 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 18)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Commercial matter | Filed against the company by Bodal Chemicals Ltd Through Its Authorized Mr. Dhaval Patel | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Commercial matter | Filed against the company by S A Pharmachem Pvt Ltd Through Mr Madhukar Gurav S/O. Shri Shankar Gurav | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Commercial suit | Filed against the company by CHT India Pvt Ltd Through Shashank Manohar Mathkar | Pending |
| District court, Faridabad, Haryana | Commercial suit | Filed against the company by Ms Transfar Chemical India Pvt Ltd | Pending |
| NCLT, Principal Bench | Insolvency matter | Filed against the company by Groyyo Private Limited | Disposed |
To see the full case history of Shyam Indofab 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
Shyam Indofab Private Limited was last rated by Indiarating on 15 Mar 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Indiarating | 15 Mar 2021 |
To see the full credit ratings and regulatory alerts of Shyam Indofab Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Shyam Indofab Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Shyam Indofab Private Limited has a workforce of 134 employees on its EPFO records as of Mar 28, 2024, across 1 active EPFO establishment.
GST
Shyam Indofab has 6 GST registrations: 1 active and 5 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AARCS6679R1ZZ | Haryana | Active | 13 Jul 2017 |
To see the full GST registrations and return filing status of Shyam Indofab Private Limited, buy the company report.
Recent activity
Shyam Indofab Private Limited has 9 board changes on record since 2012: 3 appointments and 6 cessations. The latest: Jagdish Kumar was appointed as Irp/Rp/Liquidator on 13 Nov 2024.
34 earlier events are in the company report.
Frequently asked questions
Shyam Indofab is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Shyam Indofab is a company under insolvency, formerly operating as a private limited company based in New Delhi, Delhi, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 19 January 2012 and is registered under CIN U17299DL2012PTC251684. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Shyam Indofab has 3 current directors:
- Anurag Aggarwal - Director
- Sandeep Gupta - Director
- Jagdish Kumar - Irp/Rp/Liquidator
The latest financial statements of Shyam Indofab 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 CIN (Corporate Identification Number) of Shyam Indofab is U17299DL2012PTC251684. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shyam Indofab has open charges of ₹480.03 Cr and satisfied charges of ₹80.83 Cr as per latest MCA filings.
Shyam Indofab has 18 court cases on record: 1 filed by the company and 17 filed against it. 10 are pending. Most are in the district courts.
Shyam Indofab was incorporated on 19 January 2012. It is registered with the Registrar of Companies, Delhi.
Shyam Indofab has 5 deals on record (4 funding rounds, 1 secondary share transfer), with disclosed funding of ₹27.56 Cr; the latest was in October 2017.
The peers of Shyam Indofab by revenue are Vishwashreya Fashion Private Limited, Sanrhea Technical Textiles Limited, Prasad Commodities Private Limited, Kejriwal Dyeing and Printing Mills Private Limited, Aditi Silk Mills Private Limited and 1 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Jagdish Kumar was appointed as Irp/Rp/Liquidator on 13 Nov 2024. Samvit Rajagopalan ceased to be Director on 01 Aug 2022. Sasanka Sekhar Aich ceased to be Director on 01 Mar 2019. Shyam Indofab has 9 board changes on record in total.