A C N Tex Private Limited

Textile company providing spinning, weaving, and finishing services.

1997 | Erode, Tamil Nadu (India) | Active
Last Updated: October 23, 2024

A C N Tex Profile

Key Indicators

  • Authorised Capital ₹ 6.00 M
  • Paid Up Capital ₹ 6.00 M
  • Company Age 27 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 12.21 Cr
  • Revenue Growth -27.10%
  • Profit Growth -4.91%
  • Ebitda 8.64%
  • Net Worth 13.71%
  • Total Assets -43.65%

About A C N Tex

A C N Tex Private Limited (ACNTPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 31 March 1997 and has a history of 27 years and ten months. Its registered office is in Erode, Tamil Nadu, India.

The Corporate was formerly known as A C N Textiless Private Limited. The Company is engaged in the Manufacturing Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 6.00 M and a paid-up capital of Rs 6.00 M.

The company currently has active open charges totaling ₹12.21 Cr.

Ramasamy Venkatachalam, Ramasamy Chandrasekaran, and Gokul serve as directors at the Company.

Company Details

  • Location

    Erode, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17111TZ1997PTC007821

  • Company No.

    007821

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    31 Mar 1997

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Manufacturing

Who are the key members and board of directors at A C N Tex?

Board Members (3)

Name Designation Appointment Date Status
Ramasamy Venkatachalam Country flag representing In Director 22-Jul-2005 Current
Ramasamy Chandrasekaran Country flag representing In Director 15-May-2023 Current
Madhan Gokul Country flag representing In Director 01-Mar-2023 Current

Financial Performance of A C N Tex.

A C N Tex Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 27.1% decrease. The company also saw a slight decrease in profitability, with a 4.91% decrease in profit. The company's net worth Soared by an impressive increase of 13.71%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
-27.10%
Revenue from Operations
-26.43%
Total Assets
-43.65%
Profit or Loss
-4.91%
Net Worth
13.71%
EBITDA
8.64%

What is the Ownership and Shareholding Structure of A C N Tex?

In 2023, A C N Tex had a public holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹122.07 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 11.41 Cr
  • Central Bank Of India : 0.80 Cr

Latest Charge Details

Date Lender Amount Status
16 Jun 2020 Others ₹5.85 M Open
12 Jun 2020 Others ₹7.62 M Open
19 Nov 1997 Central Bank Of India ₹8.00 M Open
03 Jul 1997 Others ₹10.06 Cr Open

How Many Employees Work at A C N Tex?

A C N Tex has a workforce of 39 employees as of Apr 07, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of A C N Tex, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped A C N Tex's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on A C N Tex

Recent activity within the organization

  • Annual General Meeting

    A C N Tex Private Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

    29 Sep 2023

  • Charges

    A charge with Others of Rs. 100.60 M registered on 03 Jul 1997 with Charge ID 90003129 was modified on 09 Jun 2023.

    09 Jun 2023

  • Director Appointment

    Ramasamy Chandrasekaran was appointed as a Director was appointed as a Director on 15 May 2023 & has been associated with this company since 1 year 8 months .

    15 May 2023

  • Balance Sheet

    A C N Tex Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Coimbatore.

    31 Mar 2023

  • Director Appointment

    Madhan Gokul was appointed as a Director was appointed as a Director on 01 Mar 2023 & has been associated with this company since 1 year 11 months .

    01 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 5.85 M with Charge ID 100437704 was registered on 16 Jun 2020.

    16 Jun 2020

Frequently asked questions

  • A C N Tex Private Limited was incorporated on 31 Mar 1997.

  • The authorized share capital of A C N Tex Private Limited is ₹ 6.00 M and paid-up capital is ₹ 6.00 M.

  • Currently 3 directors are associated with A C N Tex Private Limited.

    • Ramasamy Venkatachalam
    • Ramasamy Chandrasekaran
    • Madhan Gokul
  • As per Ministry of Corporate Affairs (Mca), the registered address of A C N Tex Private Limited is Erukkadu Thottamveerapandi Post India, Tirupur, Tamil Nadu, 641605.

  • The corporate identification number (CIN) of A C N Tex Private Limited is U17111TZ1997PTC007821 and the company number is 007821 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for A C N Tex Private Limited has fallen by -27.10%.

  • As Per 2023 financial reports, 39 employees are currently employed by A C N Tex Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of A C N Tex Private Limited has experienced an upsurge of 13.71%.

  • As per the financial statements for fiscal Year 2023, The total open charges for A C N Tex Private Limited amount to ₹ 12.21 Cr.

  • The most recent Balance Sheet for A C N Tex Private Limited was filed with the ROC on 31 Mar 2023.

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