Acsen Tex Private Limited

Produces cotton and viscose yarn for hosiery market in Tamil Nadu.

1996 | Coimbatore, Tamil Nadu (India) | Active
Last Updated: December 04, 2024

Acsen Tex Profile

Key Indicators

  • Authorised Capital ₹ 18.00 Cr
  • Paid Up Capital ₹ 16.55 Cr
  • Company Age 29 Year, 6 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 326.82 Cr
  • Satisfied Charges ₹ 99.50 Cr
  • Revenue Growth -27.23%
  • Profit Growth 2121.75%
  • Ebitda 70.22%
  • Net Worth 12.38%
  • Total Assets 25.44%

About Acsen Tex

Acsen Tex Private Limited (ATPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 15 February 1996 and has a history of 29 years. Its registered office is in Coimbatore, Tamil Nadu, India.

The Corporate was formerly known as Rasi Tex India 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 2024. It's a company limited by shares with an authorized capital of Rs 18.00 Cr and a paid-up capital of Rs 16.55 Cr.

The company currently has active open charges totaling ₹326.82 Cr. The company has closed loans amounting to ₹99.50 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Acsen Tex Private Limited India are Sukumarb Balakrishnan as COMPANY SECRETARY and Senthil Abishiek as Ceo. Sengottuvelu Senthilnathan, Chitra Senthilnathan, Muthu Ramasami, and One other member serve as directors at the Company.

Company Details

  • Location

    Coimbatore, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    acsentex.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17111TZ1996PTC028337

  • Company No.

    028337

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    15 Feb 1996

  • Date of AGM

    16 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Manufacturing

Who are the key members and board of directors at Acsen Tex?

Executive Team (3)

NameDesignationAppointment DateStatus
Sengottuvelu Senthilnathan Country flag representing In Managing Director22-Feb-2001Current
Sukumarb Balakrishnan Country flag representing In Company Secretary22-Aug-2015Current
Senthil Abishiek CEO28-Feb-2022Current

Board Members (3)

NameDesignationAppointment DateStatus
Chitra Senthilnathan Country flag representing In Director 06-May-2004Current
Muthu Ramasami Country flag representing In Director 15-Feb-1996Current
Abishiek Country flag representing In Whole-Time Director 25-Oct-2022Current

Financial Performance of Acsen Tex.

Acsen Tex Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 27.23% decrease. The company also saw a substantial improvement in profitability, with a 2121.75% increase in profit. The company's net worth Soared by an impressive increase of 12.38%.

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
-27.23%
Revenue from Operations
-27.21%
Total Assets
25.44%
Profit or Loss
2121.75%
Net Worth
12.38%
EBITDA
70.22%

What is the Ownership and Shareholding Structure of Acsen Tex?

In 2021, Acsen Tex had a promoter holding of 100.00%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹326.82 Cr

Satisfied Charges

₹99.50 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 326.82 Cr

Latest Charge Details

DateLenderAmountStatus
02 Sep 2023Hdfc Bank Limited₹14.25 CrOpen
09 May 2023Hdfc Bank Limited₹28.50 CrOpen
10 Nov 2022Hdfc Bank Limited₹44.00 CrOpen
30 Jul 2022Hdfc Bank Limited₹12.73 CrOpen
09 Mar 2021Hdfc Bank Limited₹27.31 CrOpen

How Many Employees Work at Acsen Tex?

Acsen Tex has a workforce of 520 employees as of Apr 04, 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 Acsen 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 Acsen 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 Acsen Tex

Recent activity within the organization

  • Annual General Meeting

    Acsen Tex Private Limited last Annual general meeting of members was held on 16 Sep 2024 as per latest MCA records.

    16 Sep 2024

  • Balance Sheet

    Acsen Tex Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore.

    31 Mar 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 14.25 Cr with Charge ID 100777716 was registered on 02 Sep 2023.

    02 Sep 2023

  • Charges

    A charge with Hdfc Bank Limited of Rs. 28.50 Cr registered on 09 May 2023 with Charge ID 100718517 was modified on 02 Sep 2023.

    02 Sep 2023

  • Charges

    A charge with Hdfc Bank Limited of Rs. 27.31 Cr registered on 09 Mar 2021 with Charge ID 100429191 was modified on 03 Jun 2023.

    03 Jun 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 28.50 Cr with Charge ID 100718517 was registered on 09 May 2023.

    09 May 2023

Frequently asked questions

  • Acsen Tex Private Limited was incorporated on 15 Feb 1996.

  • The authorized share capital of Acsen Tex Private Limited is ₹ 18.00 Cr and paid-up capital is ₹ 16.55 Cr.

  • Currently 6 directors are associated with Acsen Tex Private Limited.

    • Sengottuvelu Senthilnathan
    • Chitra Senthilnathan
    • Muthu Gounder Ramasami
    • Abishiek
    • SukumarB Balakrishnan
    • Senthil Nathan Abishiek
  • As per Ministry of Corporate Affairs (Mca), the registered address of Acsen Tex Private Limited is 47, Co-Operative Colony Uppilipalayam India, Coimbatore, Tamil Nadu, 641015.

  • The corporate identification number (CIN) of Acsen Tex Private Limited is U17111TZ1996PTC028337 and the company number is 028337 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Acsen Tex Private Limited is https://www.acsentex.com

  • According to the financial reports for the fiscal year 2021, the revenue trend for Acsen Tex Private Limited has fallen by -27.23%.

  • As Per 2021 financial reports, 520 employees are currently employed by Acsen Tex Private Limited.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Acsen Tex Private Limited has experienced an upsurge of 12.38%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Acsen Tex Private Limited amount to ₹ 326.82 Cr.

  • The most recent Balance Sheet for Acsen Tex Private Limited was filed with the ROC on 31 Mar 2024.

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