Avaneetha Textiles Profile
Key Indicators
- Authorised Capital ₹ 23.00 Cr
- Paid Up Capital ₹ 20.00 Cr
- Company Age 21 Year, 2 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 376.73 Cr
- Satisfied Charges ₹ 296.98 Cr
- Revenue Growth -13.83%
- Profit Growth -42.88%
- Ebitda 7.30%
- Net Worth 9.33%
- Total Assets 9.35%
About Avaneetha Textiles
Avaneetha Textiles Private Limited (ATPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 11 February 2004 and has a history of 21 years and two months. Its registered office is in Coimbatore, Tamil Nadu, India.
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 23.00 Cr and a paid-up capital of Rs 20.00 Cr.
The company currently has active open charges totaling ₹376.73 Cr. The company has closed loans amounting to ₹296.98 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Avaneetha Textiles Private Limited India is Manu Sam as COMPANY SECRETARY. Kalpana Anand, Uma Sekar, and Ponnusamy Senthilkumar 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
U17111TZ2004PTC010978
- Company No.
010978
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
11 Feb 2004
- Date of AGM
28 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Coimbatore
Industry
Manufacturing
What products or services does Avaneetha Textiles Private Limited offer?
Avaneetha Textiles Private Limited offers a wide range of products and services, including Yarns & Threads, Cotton Yarn, Combed Cotton Yarn.
Avaneetha Textiles Private Limited
Explore comprehensive data for Avaneetha Textiles Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Avaneetha Textiles?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Uma Sekar  | Managing Director | 11-Feb-2004 | Current |
| Manu Sam | Company Secretary | 12-Apr-2024 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Kalpana Anand | Whole-Time Director | 05-May-2006 | Current |
| Ponnusamy Senthilkumar | Director | 01-Feb-2010 | Current |
Financial Performance of Avaneetha Textiles.
Avaneetha Textiles Private Limited, for the financial year ended 2024, experienced significant reduction in revenue, with a 13.83% decrease. The company also saw a substantial fall in profitability, with a 42.88% decrease in profit. The company's net worth moved up by a moderate rise of 9.33%.
- Key Matrics
- Balance Sheet
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- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Avaneetha Textiles?
In 2024, Avaneetha 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.
Related Corporates (Common Directorship)
Nirav Textile Unit LlpKalpana Anand and Uma Sekar are mutual person
- Abi Kiran Agro Farms Asia Private Limited
Uma Sekar is a mutual person
- Mr.Haarvest Private Limited
Uma Sekar is a mutual person
- Sree Sabari Infrastructures And Constructions India Private Limited
Uma Sekar is a mutual person
- Abikiran Cars Private Limited
Uma Sekar is a mutual person
- Epr Venture India Private Limited
Uma Sekar is a mutual person
Charges (Loans)
Open Charges
₹376.73 Cr
Satisfied Charges
₹296.98 Cr
Charges Breakdown by Lending Institutions
- Others : 321.48 Cr
- Indian Overseas Bank : 30.00 Cr
- Idbi Bank Limited : 25.25 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 25 Nov 2024 | Others | ₹5.00 Cr | Open |
| 24 Jul 2024 | Others | ₹20.00 Cr | Open |
| 15 Mar 2024 | Others | ₹10.00 Cr | Open |
| 07 Jun 2023 | Indian Overseas Bank | ₹30.00 Cr | Open |
| 22 May 2023 | Others | ₹10.00 Cr | Open |
How Many Employees Work at Avaneetha Textiles?
Avaneetha Textiles has a workforce of 966 employees as of Jan 05, 2025. 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 Avaneetha 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 Avaneetha 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 Avaneetha Textiles
Recent activity within the organization
- Charges
A charge with Others amounted to Rs. 5.00 Cr with Charge ID 101013959 was registered on 25 Nov 2024.
- Annual General Meeting
Avaneetha Textiles Private Limited last Annual general meeting of members was held on 28 Sep 2024 as per latest MCA records.
- Charges
A charge with Others amounted to Rs. 20.00 Cr with Charge ID 100961054 was registered on 24 Jul 2024.
- Charges
A charge with Idbi Bank Limited of Rs. 25.25 Cr registered on 20 Dec 2021 with Charge ID 100535356 was modified on 24 Jun 2024.
- Director Appointment
Manu Paruthiyil Sam was appointed as a Company Secretary was appointed as a Company Secretary on 12 Apr 2024 & has been associated with this company since 1 year .
- Balance Sheet
Avaneetha Textiles Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore.
Frequently asked questions
What is the Incorporation or founding date of Avaneetha Textiles Private Limited?
Avaneetha Textiles Private Limited was incorporated on 11 Feb 2004.
What is authorized share capital and paid-up capital of Avaneetha Textiles Private Limited?
The authorized share capital of Avaneetha Textiles Private Limited is ₹ 23.00 Cr and paid-up capital is ₹ 20.00 Cr.
Who are the current board members & directors of Avaneetha Textiles Private Limited?
Currently 4 directors are associated with Avaneetha Textiles Private Limited.
- Kalpana Anand
- Uma Sekar
- Ponnusamy Senthilkumar
- Manu Paruthiyil Sam
What is the registered address of Avaneetha Textiles Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Avaneetha Textiles Private Limited is 224A, Mettupalayam Road India, Coimbatore, Tamil Nadu, 641043.
What is the corporate identification number (CIN) and company number of Avaneetha Textiles Private Limited?
The corporate identification number (CIN) of Avaneetha Textiles Private Limited is U17111TZ2004PTC010978 and the company number is 010978 as per Ministry of Corporate Affairs (MCA).
What is the official website of Avaneetha Textiles Private Limited?
The Official website of Avaneetha Textiles Private Limited is https://www.avaneetha.com
What has been the recent revenue trend for Avaneetha Textiles Private Limited?
According to the financial reports for the fiscal year 2024, the revenue trend for Avaneetha Textiles Private Limited has fallen by -13.83%.
How many employees does Avaneetha Textiles Private Limited currently have?
As Per 2024 financial reports, 966 employees are currently employed by Avaneetha Textiles Private Limited.
What change has been observed in the net worth of Avaneetha Textiles Private Limited, and by what percentage?
The financial reports for the fiscal year 2024 indicates that The net worth of Avaneetha Textiles Private Limited has experienced an upsurge of 9.33%.
What are the total open charges for Avaneetha Textiles Private Limited?
As per the financial statements for fiscal Year 2024, The total open charges for Avaneetha Textiles Private Limited amount to ₹ 376.73 Cr.
When was the last Balance Sheet of Avaneetha Textiles Private Limited filed with the ROC?
The most recent Balance Sheet for Avaneetha Textiles Private Limited was filed with the ROC on 31 Mar 2024.
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