Andela Textiles Private Limited

Textile trading company specializing in ready-made garments, established in 2017 in Kadapa, Andhra Pradesh.

2017 | Cuddapah, Andhra Pradesh (India) | Active
Last Updated: December 06, 2024

Andela Textiles Profile

Key Indicators

  • Authorised Capital ₹ 3.60 Cr
  • Paid Up Capital ₹ 3.50 Cr
  • Company Age 7 Year, 6 Months
  • Last Filing with ROC 31 Mar 2019
  • Open Charges ₹ 19.39 Cr
  • Revenue Growth 103.41%
  • Profit Growth 101.64%
  • Ebitda 116.53%
  • Net Worth 2637.08%
  • Total Assets 203.86%

About Andela Textiles

Andela Textiles Private Limited (ATPL) is a Private Limited Indian Non-Government Company incorporated in India on 02 August 2017 (Seven years and six months 22 days old ). Its registered office is in Cuddapah, Andhra Pradesh, India.

The Company is engaged in the Trading Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2019. It's a company limited by shares with an authorized capital of Rs 3.60 Cr and a paid-up capital of Rs 3.50 Cr.

The company currently has active open charges totaling ₹19.39 Cr.

Dhanunjaya Andela and Shaik Ahmed serve as directors at the Company.

Company Details

  • Location

    Cuddapah, Andhra Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74999AP2017PTC106399

  • Company No.

    106399

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    02 Aug 2017

  • Date of AGM

    30 Sep 2019

  • Date of Balance Sheet

    31 Mar 2019

  • Listing Status

    Unlisted

  • ROC Code

    Roc Vijayawada

Industry

Trading

Who are the key members and board of directors at Andela Textiles?

Board Members (2)

NameDesignationAppointment DateStatus
Dhanunjaya Andela Country flag representing In Director 02-Aug-2017Current
Shaik Ahmed Country flag representing In Director Appointed In Casual Vacancy 31-Aug-2023Current

Financial Performance of Andela Textiles.

Andela Textiles Private Limited, for the financial year ended 2019, experienced significant growth in revenue, with a 103.41% increase. The company also saw a substantial improvement in profitability, with a 101.64% increase in profit. The company's net worth Soared by an impressive increase of 2637.08%.

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
103.41%
Revenue from Operations
103.07%
Total Assets
203.86%
Profit or Loss
101.64%
Net Worth
2637.08%
EBITDA
116.53%

What is the Ownership and Shareholding Structure of Andela Textiles?

In 2019, Andela Textiles had a promoter 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

₹19.39 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • City Union Bank Limited : 19.26 Cr
  • Others : 0.07 Cr
  • Syndicate Bank : 0.06 Cr

Latest Charge Details

DateLenderAmountStatus
28 Mar 2019City Union Bank Limited₹19.26 CrOpen
06 Mar 2019Others₹0.72 MOpen
14 Mar 2018Syndicate Bank₹0.60 MOpen

How Many Employees Work at Andela Textiles?

Andela Textiles has a workforce of 2 employees as of Apr 06, 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 Andela 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 Andela Textiles'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 Andela Textiles

Recent activity within the organization

  • Director Appointment

    Shaik Ahmed was appointed as a Director Appointed In Casual Vacancy was appointed as a Director Appointed In Casual Vacancy on 31 Aug 2023 & has been associated with this company since 1 year 5 months .

    31 Aug 2023

  • Charges

    A charge with City Union Bank Limited of Rs. 19.26 Cr registered on 28 Mar 2019 with Charge ID 100268677 was modified on 04 Jan 2022.

    04 Jan 2022

  • Annual General Meeting

    Andela Textiles Private Limited last Annual general meeting of members was held on 30 Sep 2019 as per latest MCA records.

    30 Sep 2019

  • Balance Sheet

    Andela Textiles Private Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Vijayawada.

    31 Mar 2019

  • Charges

    A charge with City Union Bank Limited amounted to Rs. 19.26 Cr with Charge ID 100268677 was registered on 28 Mar 2019.

    28 Mar 2019

  • Charges

    A charge with Others amounted to Rs. 0.07 Cr with Charge ID 100268357 was registered on 06 Mar 2019.

    06 Mar 2019

Frequently asked questions

  • Andela Textiles Private Limited was incorporated on 02 Aug 2017.

  • The authorized share capital of Andela Textiles Private Limited is ₹ 3.60 Cr and paid-up capital is ₹ 3.50 Cr.

  • Currently 2 directors are associated with Andela Textiles Private Limited.

    • Dhanunjaya Andela
    • Shaik Ahmed
  • As per Ministry of Corporate Affairs (Mca), the registered address of Andela Textiles Private Limited is D No 17/345 346 B.K.M Street India, Kadapa, Andhra Pradesh, 516001.

  • The corporate identification number (CIN) of Andela Textiles Private Limited is U74999AP2017PTC106399 and the company number is 106399 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2019, the revenue trend for Andela Textiles Private Limited has risen by 103.41%.

  • As Per 2019 financial reports, 2 employees are currently employed by Andela Textiles Private Limited.

  • The financial reports for the fiscal year 2019 indicates that The net worth of Andela Textiles Private Limited has experienced an upsurge of 2637.08%.

  • As per the financial statements for fiscal Year 2019, The total open charges for Andela Textiles Private Limited amount to ₹ 19.39 Cr.

  • The most recent Balance Sheet for Andela Textiles Private Limited was filed with the ROC on 31 Mar 2019.

Similar Companies Based on Wholesale