Adarsh Knit Wear Profile
Key Indicators
- Authorised Capital ₹ 25.00 Cr
- Paid Up Capital ₹ 20.50 Cr
- Company Age 13 Year, 11 Months
- Last Filing with ROC 31 Mar 2022
- Open Charges ₹ 75.25 Cr
- Satisfied Charges ₹ 16.50 Cr
- Revenue Growth -18.08%
- Profit Growth -92.77%
- Ebitda 2.41%
- Net Worth 0.79%
- Total Assets 0.94%
About Adarsh Knit Wear
Adarsh Knit Wear Private Limited (AKWPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 18 March 2011 and has a history of 13 years and 11 months. Its registered office is in Tirupur, Tamil Nadu.
The Company is engaged in the Fashion And Textile Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2022. It's a company limited by shares with an authorized capital of Rs 25.00 Cr and a paid-up capital of Rs 20.50 Cr.
The company currently has active open charges totaling ₹75.25 Cr. The company has closed loans amounting to ₹16.50 Cr, as per Ministry of Corporate Affairs (MCA) records.
Kuppusamy Rajendran, Rajendran Gokilavani, and Adarsh Rajendran serve as directors at the Company.
Company Details
- Location Tirupur, Tamil Nadu
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U18101TZ2011PTC016881
- Company No.
016881
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
18 Mar 2011
- Date of AGM
30 Sep 2022
- Date of Balance Sheet
31 Mar 2022
- Listing Status
Unlisted
- ROC Code
Roc Coimbatore
Industry
Fashion and Textile
What products or services does Adarsh Knit Wear Private Limited offer?
Adarsh Knit Wear Private Limited offers a wide range of products and services, including Apparel Fabrics & Clothing Textiles, Cotton Textile.
Who are the key members and board of directors at Adarsh Knit Wear?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Kuppusamy Rajendran  | Managing Director | 18-Mar-2011 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Adarsh Rajendran | Director | 16-Jul-2018 | Current |
| Rajendran Gokilavani | Director | 18-Mar-2011 | Current |
Financial Performance of Adarsh Knit Wear.
Adarsh Knit Wear Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 18.08% decrease. The company also saw a substantial fall in profitability, with a 92.77% decrease in profit. The company's net worth moved up by a moderate rise of 0.79%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Adarsh Knit Wear?
In 2020, Adarsh Knit Wear had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Charges (Loans)
Open Charges
₹75.25 Cr
Satisfied Charges
₹16.50 Cr
Charges Breakdown by Lending Institutions
- Karnataka Bank Ltd. : 72.25 Cr
- Sidbi : 3.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Jan 2022 | Sidbi | ₹3.00 Cr | Open |
| 25 Aug 2021 | Karnataka Bank Ltd. | ₹38.80 Cr | Open |
| 09 Mar 2018 | Karnataka Bank Ltd. | ₹11.20 Cr | Open |
| 19 May 2014 | Karnataka Bank Ltd. | ₹22.25 Cr | Open |
| 18 Jan 2021 | Karnataka Bank Ltd. | ₹10.50 Cr | Satisfied |
How Many Employees Work at Adarsh Knit Wear?
Adarsh Knit Wear has a workforce of 325 employees as of Mar 27, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Adarsh Knit Wear, 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 Adarsh Knit Wear's trajectory.
Rating
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
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 Adarsh Knit Wear
Recent activity within the organization
- Charges
A charge registered on 18 Jan 2021 via Charge ID 100417825 with Karnataka Bank Ltd. was fully satisfied on 26 Apr 2023.
- Charges
A charge with Karnataka Bank Ltd. of Rs. 22.25 Cr registered on 19 May 2014 with Charge ID 10510914 was modified on 30 Mar 2023.
- Annual General Meeting
Adarsh Knit Wear Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.
- Balance Sheet
Adarsh Knit Wear Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Coimbatore.
- Charges
A charge with Sidbi amounted to Rs. 3.00 Cr with Charge ID 100528758 was registered on 28 Jan 2022.
- Charges
A charge with Karnataka Bank Ltd. of Rs. 10.50 Cr registered on 18 Jan 2021 with Charge ID 100417825 was modified on 07 Jan 2022.
Frequently asked questions
What is the Incorporation or founding date of Adarsh Knit Wear Private Limited?
Adarsh Knit Wear Private Limited was incorporated on 18 Mar 2011.
What is authorized share capital and paid-up capital of Adarsh Knit Wear Private Limited?
The authorized share capital of Adarsh Knit Wear Private Limited is ₹ 25.00 Cr and paid-up capital is ₹ 20.50 Cr.
Who are the current board members & directors of Adarsh Knit Wear Private Limited?
Currently 3 directors are associated with Adarsh Knit Wear Private Limited.
- Kuppusamy Rajendran
- Rajendran Gokilavani
- Adarsh Saran Kuppusamy Rajendran
What is the registered address of Adarsh Knit Wear Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Adarsh Knit Wear Private Limited is 1/H - 9 Thanneer Panthal Colony Anuparpalayam (Post), Avsanashi Road India, Tirupur, Tamil Nadu, 641052.
What is the corporate identification number (CIN) and company number of Adarsh Knit Wear Private Limited?
The corporate identification number (CIN) of Adarsh Knit Wear Private Limited is U18101TZ2011PTC016881 and the company number is 016881 as per Ministry of Corporate Affairs (MCA).
What is the official website of Adarsh Knit Wear Private Limited?
The Official website of Adarsh Knit Wear Private Limited is https://www.adarshknitwear.com
What has been the recent revenue trend for Adarsh Knit Wear Private Limited?
According to the financial reports for the fiscal year 2020, the revenue trend for Adarsh Knit Wear Private Limited has fallen by -18.08%.
How many employees does Adarsh Knit Wear Private Limited currently have?
As Per 2020 financial reports, 325 employees are currently employed by Adarsh Knit Wear Private Limited.
What change has been observed in the net worth of Adarsh Knit Wear Private Limited, and by what percentage?
The financial reports for the fiscal year 2020 indicates that The net worth of Adarsh Knit Wear Private Limited has experienced an upsurge of 0.79%.
What are the total open charges for Adarsh Knit Wear Private Limited?
As per the financial statements for fiscal Year 2020, The total open charges for Adarsh Knit Wear Private Limited amount to ₹ 75.25 Cr.
When was the last Balance Sheet of Adarsh Knit Wear Private Limited filed with the ROC?
The most recent Balance Sheet for Adarsh Knit Wear Private Limited was filed with the ROC on 31 Mar 2022.