Sweety Knits Private Limited
About Sweety Knits Private Limited
Data last updated:
Sweety Knits Private Limited was a private limited company based in Ludhiana, Punjab, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 12 January 2007.
The company was registered with the Registrar of Companies (ROC), Chandigarh, under CIN U17309PB2007PTC030817. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹25 Lakh and a paid-up capital of ₹6.71 Lakh. It was led by directors Kimti Lal Jain and Neena Jain.
Its last annual general meeting (AGM) was held on 29 April 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at 1524/2 Village Meharban Rahon Road, Ludhiana, Punjab, India – 141008.
As per the financials filed for FY 2023, the company reported a revenue of ₹7.31 Lakh, a growth of 44% compared to the previous year. For the same year it recorded a net profit of ₹5.5 Lakh (net margin 75.3%) and EBITDA of ₹7.78 Lakh (EBITDA margin 106.5%). Revenue has declined at a compounded annual rate (CAGR) of 48% over three years and 24% over five years.
The company has about 9 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹1.39 Cr on record.
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- Registered Address1524/2 Village Meharban Rahon Road, Ludhiana, Punjab, India – 141008
- IndustryHome & Lifestyle, Textile Retail & Distribution
- 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
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Financials of Sweety Knits Private Limited FY 2023 filings available
Sweety Knits Private Limited reported revenue of ₹7.31 Lakh (up 44% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Sweety Knits Private Limited
Revenue rose 44% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 24%. EBITDA rose 34% 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 of Sweety Knits Private Limited
| 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 | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹7.78 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹5.5 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 of Sweety Knits Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 106.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 75.3% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Sweety Knits are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Sweety Knits Private Limited
Sweety Knits Private Limited is compared with the companies closest to it by revenue in the Consumer Products industry (Textile Retail and Distribution, Textiles). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sri Veera Venkata Lakshmi Textiles Pvt.Ltd. | ₹7.33 Lakh (FY 2025) | •••• | •••• | 2.0% | •••• | Andhra Pradesh, India |
| Waxpa Engineers Private Limited | ₹7.33 Lakh (FY 2025) | •••• | •••• | -45.0% | •••• | New Delhi, Delhi, India |
| Lalsot Handicrafts Private Limited | ₹7.32 Lakh (FY 2025) | •••• | •••• | -70.0% | •••• | Lalsot, Rajasthan, India |
| Vatika Developers Private Limited | ₹7.32 Lakh (FY 2025) | •••• | •••• | 15.0% | •••• | Kolkata, West Bengal, India |
| Kamal Rayon Private Limited | ₹7.32 Lakh (FY 2024) | •••• | •••• | 120.0% | •••• | Surat, Gujarat, India |
| Sweety Knits Private Limited this company | ₹7.31 Lakh (FY 2023) | •••• | •••• | 44.0% | •••• | Ludhiana, Punjab, India |
| Kuldeep Finserv Private Limited | ₹7.31 Lakh (FY 2024) | •••• | •••• | •••• | Panipat, Haryana, India | |
| Gyft India Pvt Ltd | ₹7.3 Lakh (FY 2025) | •••• | •••• | -93.0% | •••• | Kolkata, West Bengal, India |
| J.K.Fabrics Private Limited | ₹7.3 Lakh (FY 2025) | •••• | •••• | -90.0% | •••• | Uttar Pradesh, India |
| Amrit Clothing Private Limited | ₹7.3 Lakh (FY 2025) | •••• | •••• | 7.0% | •••• | Kolkata, West Bengal, India |
| Indian Appliances Company Private Limited | ₹7.29 Lakh (FY 2024) | •••• | •••• | -73.0% | •••• | Delhi, India |
Peers are the five companies nearest above and the five nearest below Sweety Knits by revenue in the Consumer Products industry (Textile Retail and Distribution, Textiles), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Sweety Knits Private Limited
Sweety Knits Private Limited is audited by RAKESH GROVER & CO for the financial year 2015.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| RAKESH GROVER & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Sweety Knits Private Limited
Sweety Knits has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kimti Lal Jain | Director | 12 Jan 2007 | 19 Years 8 Months | As last reported |
| Neena Jain | Director | 12 Jan 2007 | 19 Years 8 Months | As last reported |
Ownership and Shareholding of Sweety Knits Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Sweety Knits Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 24 Jul 2012 | Hdfc Bank Limited | ₹60.42 Lakh | Satisfied |
| 28 Apr 2009 | State Bank of India | ₹79 Lakh | Satisfied |
Total charge records: 2 View all charges
Employees and EPFO Compliance at Sweety Knits Private Limited
Sweety Knits Private Limited has a workforce of 9 employees as of Mar 23, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Sweety Knits Private Limited
Sweety Knits Private Limited has 2 board changes on record since 2007: 2 appointments. The latest: Kimti Lal Jain was appointed as Director on 12 Jan 2007.
Credit Ratings, Litigation & Regulatory Alerts for Sweety Knits Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Sweety Knits Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Sweety Knits Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Sweety Knits Private Limited
Sweety Knits has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Sweety Knits Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Sweety Knits Private Limited
Sweety Knits has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Sweety Knits was a private limited company based in Ludhiana, Punjab, India. The company worked in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 12 January 2007 and is registered under CIN U17309PB2007PTC030817. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Sweety Knits is U17309PB2007PTC030817. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sweety Knits had 2 directors:
- Kimti Lal Jain - Director
- Neena Jain - Director
Sweety Knits was incorporated on 12 January 2007. It is registered with the Registrar of Companies, Chandigarh.
The registered office of Sweety Knits is at 15242 Village Meharban Rahon Road, Ludhiana, Punjab, India – 141008.
Sweety Knits reported revenue of ₹7.31 Lakh for FY 2023 (up 44% YoY).
Sweety Knits has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹6.71 Lakh.
Sweety Knits reported a net profit of ₹5.5 Lakh (net margin 75.3%) and EBITDA of ₹7.78 Lakh (EBITDA margin 106.5%) for FY 2023, as per its filed financial statements.
No. Sweety Knits has 1 GST registration on record and it is cancelled or inactive.
Sweety Knits operated in the home and lifestyle industry, in the textile retail and distribution segment.