Aic-Nift Tea Incubation Centre For Textiles And Apparels

Textile and apparel incubation center with state-of-the-art facilities and collaborations.

2017 | Coimbatore, Tamil Nadu (India) | Active
Last Updated: December 18, 2024

Aic-Nift Tea Incubation Centre For Textiles And Apparels Profile

Key Indicators

  • Company Age 7 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth 49.84%
  • Profit Growth -55.58%
  • Ebitda -125.17%
  • Net Worth -23.98%
  • Total Assets 12.98%

About Aic-Nift Tea Incubation Centre For Textiles And Apparels

Aic-Nift Tea Incubation Centre For Textiles And Apparels (ATICFTAA) is a Private Not For Profit Company incorporated in India on 10 July 2017 (Seven years and six months 27 days old ). Its registered office is in Coimbatore, Tamil Nadu, India.

The Company is engaged in the Home & Lifestyle 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 0.00 and a paid-up capital of Rs 0.00, as per Ministry of Corporate Affairs (MCA) records.

Raja Shanmugham, Palanisamy, Moghan Palanisamy, and One other member serve as directors at the Company.

Company Details

  • Location

    Coimbatore, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74999TZ2017NPL029180

  • Company No.

    029180

  • Company Classification

    Private Not For Profit Company

  • Incorporation Date

    10 Jul 2017

  • Date of AGM

    23 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Home & Lifestyle
Travel and Hospitality

Who are the key members and board of directors at Aic-Nift Tea Incubation Centre For Textiles And Apparels?

Board Members (4)

Name Designation Appointment Date Status
Raja Shanmugham Country flag representing In Director 10-Jul-2017 Current
Palanisamy Country flag representing In Director 10-Jul-2017 Current
Moghan Palanisamy Country flag representing In Director 10-Jul-2017 Current
Muruganandan Nanjappa Country flag representing In Director 10-Jul-2017 Current

Financial Performance of Aic-Nift Tea Incubation Centre For Textiles And Apparels.

Aic-Nift Tea Incubation Centre For Textiles And Apparels, for the financial year ended 2023, experienced significant growth in revenue, with a 49.84% increase. The company also saw a substantial fall in profitability, with a 55.58% decrease in profit. The company's net worth observed a substantial decline by a decrease of 23.98%.

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
49.84%
Revenue from Operations
47.60%
Total Assets
12.98%
Profit or Loss
-55.58%
Net Worth
-23.98%
EBITDA
-125.17%

What is the Ownership and Shareholding Structure of Aic-Nift Tea Incubation Centre For Textiles And Apparels?

Unlock access to Aic-Nift Tea Incubation Centre For Textiles And Apparels's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Aic-Nift Tea Incubation Centre For Textiles And Apparels?

Aic-Nift Tea Incubation Centre For Textiles And Apparels has a workforce of 5 employees as of Mar 21, 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 Aic-Nift Tea Incubation Centre For Textiles And Apparels, 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 Aic-Nift Tea Incubation Centre For Textiles And Apparels'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 Aic-Nift Tea Incubation Centre For Textiles And Apparels

Recent activity within the organization

  • Annual General Meeting

    Aic-Nift Tea Incubation Centre For Textiles And Apparels last Annual general meeting of members was held on 23 Aug 2024 as per latest MCA records.

    23 Aug 2024

  • Balance Sheet

    Aic-Nift Tea Incubation Centre For Textiles And Apparels has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore.

    31 Mar 2024

  • Director Appointment

    Raja Muthuswamy Shanmugham was appointed as a Director was appointed as a Director on 10 Jul 2017 & has been associated with this company since 7 years 6 months .

    10 Jul 2017

  • Director Appointment

    Palanisamy was appointed as a Director was appointed as a Director on 10 Jul 2017 & has been associated with this company since 7 years 6 months .

    10 Jul 2017

  • Director Appointment

    Moghan Palanisamy was appointed as a Director was appointed as a Director on 10 Jul 2017 & has been associated with this company since 7 years 6 months .

    10 Jul 2017

  • Director Appointment

    Muruganandan Nanjappa was appointed as a Director was appointed as a Director on 10 Jul 2017 & has been associated with this company since 7 years 6 months .

    10 Jul 2017

Frequently asked questions

  • Aic-Nift Tea Incubation Centre For Textiles And Apparels was incorporated on 10 Jul 2017.

  • The authorized share capital of Aic-Nift Tea Incubation Centre For Textiles And Apparels is ₹ 0.00 and paid-up capital is ₹ 0.00.

  • Currently 4 directors are associated with Aic-Nift Tea Incubation Centre For Textiles And Apparels.

    • Raja Muthuswamy Shanmugham
    • Palanisamy
    • Moghan Palanisamy
    • Muruganandan Nanjappa
  • As per Ministry of Corporate Affairs (Mca), the registered address of Aic-Nift Tea Incubation Centre For Textiles And Apparels is Sf 453-1 East Of Tekic Sidco Mudalipalayam India, Tirupur, Tamil Nadu, 641606.

  • The corporate identification number (CIN) of Aic-Nift Tea Incubation Centre For Textiles And Apparels is U74999TZ2017NPL029180 and the company number is 029180 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Aic-Nift Tea Incubation Centre For Textiles And Apparels is https://www.aicnifttea.org

  • According to the financial reports for the fiscal year 2023, the revenue trend for Aic-Nift Tea Incubation Centre For Textiles And Apparels has risen by 49.84%.

  • As Per 2023 financial reports, 5 employees are currently employed by Aic-Nift Tea Incubation Centre For Textiles And Apparels.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Aic-Nift Tea Incubation Centre For Textiles And Apparels has experienced an downturn of -23.98%.

  • The most recent Balance Sheet for Aic-Nift Tea Incubation Centre For Textiles And Apparels was filed with the ROC on 31 Mar 2024.

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