Sukhsagar Textiles Private Limited
About Sukhsagar Textiles Private Limited
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Sukhsagar Textiles Private Limited was a private limited company based in Ahmedabad, Gujarat, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the wholesale trading and distribution segment of the trading and commerce sector. It was incorporated on 12 March 2014.
The company was registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17122GJ2014PTC079119. Its GSTIN is 24AAUCS3789B1ZY (Gujarat).
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Vijaykumar Vasudev Shukla and Minaben Shukla.
Its last annual general meeting (AGM) was held on 30 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at 644/A1 Ambawadi Char Rasta Nr.Shreenathji, Ahmedabad, Gujarat, India – 380006.
As per the financials filed for FY 2017, the company reported a revenue of ₹9.22 Cr, a decline of 24% compared to the previous year. For the same year it recorded a net profit of ₹4.05 Lakh (net margin 0.4%) and EBITDA of ₹9.96 Lakh (EBITDA margin 1.1%).
Court records list 10 cases involving the company, including 1 filed by the company and 9 filed against it; 3 cases are pending.
Company details
Contact details
Sukhsagar Textiles Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address644/A1 Ambawadi Char Rasta Nr.Shreenathji, Ahmedabad, Gujarat, India – 380006
- IndustryTrading, Wholesale, Other Wholesale
To see the full contact details of Sukhsagar 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 Sukhsagar 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 Sukhsagar Textiles Private Limited, buy the company report.
Financials of Sukhsagar Textiles Private Limited
FY 2017 filings availableSukhsagar Textiles Private Limited reported revenue of ₹9.22 Cr (down 24% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue fell 24% in the latest year. EBITDA fell 14% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹9.22 Cr | ||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹9.96 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹4.05 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 | |||
| Cash and Bank Balance | |||
| Total Assets | |||
Financial Ratios
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 1.1% | ||
| Net Profit Margin | 0.4% | ||
| 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 Sukhsagar Textiles Private Limited, buy the company report.
Board of directors of Sukhsagar Textiles Private Limited
Sukhsagar Textiles has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vijaykumar Vasudev Shukla | Director | 12 Mar 2014 | 12 Years 7 Months | As last reported |
| Minaben Shukla | Director | 15 Apr 2016 | 10 Years 6 Months | As last reported |
Auditor
Sukhsagar Textiles Private Limited is audited by VISHAL BAXI & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VISHAL BAXI & ASSOCIATES | FY 2017 | 131559W |
Shareholding
The shareholding of Sukhsagar Textiles Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Sukhsagar Textiles Private Limited, buy the company report.
Legal cases
Sukhsagar Textiles Private Limited has 10 court cases on record: 1 filed by Sukhsagar Textiles, 9 filed against it. 3 cases are pending and 7 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 10 | 9 | 3 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Magma Fincorp Limited | Pending |
| District court, South West, Delhi | Criminal case | Filed against the company by Neo Growth Credit Pvt.Ltd. | Pending |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by RBL Bank Ltd | Pending |
| District court, Ahmedabad, Gujarat | Commercial matter | Filed against the company by M/S. Shriram City Union Finance Limited Represented by Authorized Signatory Hitesh Joshi | Disposed |
| District court, Ahmedabad, Gujarat | Commercial matter | Filed against the company by Magma Fincorp Limited | Disposed |
To see the full case history of Sukhsagar 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 Sukhsagar Textiles Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Sukhsagar Textiles has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAUCS3789B1ZY | Gujarat | Active | 24 Aug 2017 |
To see the full GST registrations and return filing status of Sukhsagar Textiles Private Limited, buy the company report.
Recent activity
Sukhsagar Textiles Private Limited has 4 board changes on record since 2014: 2 appointments and 2 cessations. The latest: Shukla Anand Vijaykumar ceased to be Director on 29 Jul 2016.
Frequently asked questions
Sukhsagar Textiles has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Sukhsagar Textiles was a private limited company based in Ahmedabad, Gujarat, India. The company worked in wholesale, within the trading industry. It was incorporated on 12 March 2014 and is registered under CIN U17122GJ2014PTC079119. The company has been struck off by the Registrar of Companies and is no longer operational.
Sukhsagar Textiles had 2 directors:
- Vijaykumar Vasudev Shukla - Director
- Minaben Shukla - Director
The CIN (Corporate Identification Number) of Sukhsagar Textiles is U17122GJ2014PTC079119. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Sukhsagar Textiles is at 644A1 Ambawadi Char Rasta Nr.Shreenathji, Ahmedabad, Gujarat, India – 380006.
Sukhsagar Textiles was incorporated on 12 March 2014. It is registered with the Registrar of Companies, Ahmedabad.
The latest financial statements of Sukhsagar Textiles on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 30 September 2017. Year-wise statements from 2015 are in the company report.
The GSTIN of Sukhsagar Textiles is 24AAUCS3789B1ZY, registered in Gujarat.
Sukhsagar Textiles operated in the trading industry, in the wholesale segment. It worked in this industry before it was struck off.
Sukhsagar Textiles has 10 court cases on record: 1 filed by the company and 9 filed against it. 3 are pending.