Avaneetha Textiles Private Limited

Manufactures various types of cotton yarn in Coimbatore, Tamil Nadu since 2004.

2004 | Coimbatore, Tamil Nadu (India) | Active
Last Updated: January 05, 2025

Avaneetha Textiles Profile

Key Indicators

  • Authorised Capital ₹ 23.00 Cr
  • Paid Up Capital ₹ 20.00 Cr
  • Company Age 21 Year, 12 Days
  • 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. 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

    avaneetha.com

  • 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.

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

Executive Team (2)

NameDesignationAppointment DateStatus
Uma Sekar Country flag representing In Managing Director11-Feb-2004Current
Manu Sam Country flag representing In Company Secretary12-Apr-2024Current

Board Members (2)

NameDesignationAppointment DateStatus
Kalpana Anand Country flag representing In Whole-Time Director 05-May-2006Current
Ponnusamy Senthilkumar Country flag representing In Director 01-Feb-2010Current

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%.

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
-13.83%
Revenue from Operations
-12.89%
Total Assets
9.35%
Profit or Loss
-42.88%
Net Worth
9.33%
EBITDA
7.30%

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.

Shareholding Indicator graph

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

DateLenderAmountStatus
25 Nov 2024Others₹5.00 CrOpen
24 Jul 2024Others₹20.00 CrOpen
15 Mar 2024Others₹10.00 CrOpen
07 Jun 2023Indian Overseas Bank₹30.00 CrOpen
22 May 2023Others₹10.00 CrOpen

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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

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 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.

    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.

    28 Sep 2024

  • Charges

    A charge with Others amounted to Rs. 20.00 Cr with Charge ID 100961054 was registered on 24 Jul 2024.

    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.

    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 10 months 12 days .

    12 Apr 2024

  • Balance Sheet

    Avaneetha Textiles Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore.

    31 Mar 2024

Frequently asked questions

  • Avaneetha Textiles Private Limited was incorporated on 11 Feb 2004.

  • The authorized share capital of Avaneetha Textiles Private Limited is ₹ 23.00 Cr and paid-up capital is ₹ 20.00 Cr.

  • Currently 4 directors are associated with Avaneetha Textiles Private Limited.

    • Kalpana Anand
    • Uma Sekar
    • Ponnusamy Senthilkumar
    • Manu Paruthiyil Sam
  • As per Ministry of Corporate Affairs (Mca), the registered address of Avaneetha Textiles Private Limited is 224A, Mettupalayam Road India, Coimbatore, Tamil Nadu, 641043.

  • 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).

  • The Official website of Avaneetha Textiles Private Limited is https://www.avaneetha.com

  • According to the financial reports for the fiscal year 2024, the revenue trend for Avaneetha Textiles Private Limited has fallen by -13.83%.

  • As Per 2024 financial reports, 966 employees are currently employed by Avaneetha Textiles Private Limited.

  • 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%.

  • As per the financial statements for fiscal Year 2024, The total open charges for Avaneetha Textiles Private Limited amount to ₹ 376.73 Cr.

  • The most recent Balance Sheet for Avaneetha Textiles Private Limited was filed with the ROC on 31 Mar 2024.

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