Adwaith Textiles Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
- Paid Up Capital ₹ 9.22 M
- Company Age 69 Year, 1 Month
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 107.63 Cr
- Satisfied Charges ₹ 38.86 Cr
- Revenue Growth 8.47%
- Profit Growth -140.44%
- Ebitda -81.63%
- Net Worth -21.43%
- Total Assets 23.67%
About Adwaith Textiles
Adwaith Textiles Private Limited (ATPL) was founded in India on 25 January 1956 and has a glorious history of 69 years and one month. Its registered office is in Coimbatore, Tamil Nadu, India.
The Corporate was formerly known as Adwaith Textiles 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 1.00 Cr and a paid-up capital of Rs 9.22 M.
The company currently has active open charges totaling ₹107.63 Cr. The company has closed loans amounting to ₹38.86 Cr, as per Ministry of Corporate Affairs (MCA) records.
Tara Venu, Ramakrishnan Nagaraj, Uttara Ravi, and One other member serve as directors at the Company.
Company Details
- Location
Coimbatore, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U17111TZ1956PTC000203
- Company No.
000203
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
25 Jan 1956
- Date of AGM
10 Aug 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 Adwaith Textiles?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ravi Sam  | Managing Director | 12-Jun-1974 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Tara Venu  | Director | 07-Nov-2022 | Current |
| Ramakrishnan Nagaraj | Director | 10-Feb-2014 | Current |
| Uttara Ravi | Director | 18-Nov-1998 | Current |
Financial Performance of Adwaith Textiles.
Adwaith Textiles Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 8.47% increase. The company also saw a substantial fall in profitability, with a 140.44% decrease in profit. The company's net worth observed a substantial decline by a decrease of 21.43%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Adwaith Textiles?
In 2023, Adwaith Textiles had a promoter holding of 100.01%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Lakshmi Energy And Environment Designs Private LimitedUttara Ravi is a mutual person
Adwaith Lakshmi Industries Private LimitedTara Venu, Ramakrishnan Nagaraj and 2 more are mutual person
Charges (Loans)
Open Charges
₹107.63 Cr
Satisfied Charges
₹38.86 Cr
Charges Breakdown by Lending Institutions
- Indian Bank : 107.63 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Mar 2024 | Indian Bank | ₹10.00 Cr | Open |
| 29 Jan 2024 | Indian Bank | ₹8.50 Cr | Open |
| 30 Jul 2011 | Indian Bank | ₹2.00 M | Open |
| 16 Dec 2004 | Indian Bank | ₹88.93 Cr | Open |
| 18 Oct 2023 | Indian Bank | ₹8.50 Cr | Satisfied |
How Many Employees Work at Adwaith Textiles?
Adwaith Textiles has a workforce of 507 employees as of Apr 08, 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 Adwaith Textiles, 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 Adwaith Textiles'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 Adwaith Textiles
Recent activity within the organization
- Charges
A charge with Indian Bank amounted to Rs. 10.00 Cr with Charge ID 100890533 was registered on 27 Mar 2024.
- Charges
A charge registered on 18 Oct 2023 via Charge ID 100805182 with Indian Bank was fully satisfied on 27 Feb 2024.
- Charges
A charge with Indian Bank of Rs. 8.50 Cr registered on 29 Jan 2024 with Charge ID 100854941 was modified on 21 Feb 2024.
- Charges
A charge registered on 30 Oct 2018 via Charge ID 100224085 with State Bank Of India was fully satisfied on 21 Feb 2024.
- Charges
A charge with Indian Bank of Rs. 88.93 Cr registered on 16 Dec 2004 with Charge ID 80004160 was modified on 21 Feb 2024.
- Charges
A charge with Indian Bank amounted to Rs. 8.50 Cr with Charge ID 100854941 was registered on 29 Jan 2024.
Frequently asked questions
What is the Incorporation or founding date of Adwaith Textiles Private Limited?
Adwaith Textiles Private Limited was incorporated on 25 Jan 1956.
What is authorized share capital and paid-up capital of Adwaith Textiles Private Limited?
The authorized share capital of Adwaith Textiles Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 9.22 M.
Who are the current board members & directors of Adwaith Textiles Private Limited?
Currently 4 directors are associated with Adwaith Textiles Private Limited.
- Tara Sam Venu
- Ramakrishnan Nagaraj
- Uttara Ravi
- Ravi Sam
What is the registered address of Adwaith Textiles Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Adwaith Textiles Private Limited is 114-A Senthottam Sowripalayam, Coimbatore, Tamil Nadu, India, 641028.
What is the corporate identification number (CIN) and company number of Adwaith Textiles Private Limited?
The corporate identification number (CIN) of Adwaith Textiles Private Limited is U17111TZ1956PTC000203 and the company number is 000203 as per Ministry of Corporate Affairs (MCA).
What is the official website of Adwaith Textiles Private Limited?
The Official website of Adwaith Textiles Private Limited is https://www.adwaithtextiles.in
What has been the recent revenue trend for Adwaith Textiles Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Adwaith Textiles Private Limited has risen by 8.47%.
How many employees does Adwaith Textiles Private Limited currently have?
As Per 2023 financial reports, 507 employees are currently employed by Adwaith Textiles Private Limited.
What change has been observed in the net worth of Adwaith Textiles Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Adwaith Textiles Private Limited has experienced an downturn of -21.43%.
What are the total open charges for Adwaith Textiles Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Adwaith Textiles Private Limited amount to ₹ 107.63 Cr.
When was the last Balance Sheet of Adwaith Textiles Private Limited filed with the ROC?
The most recent Balance Sheet for Adwaith Textiles Private Limited was filed with the ROC on 31 Mar 2023.
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