Best Cheran Spintex India Private Limited

Produces and exports viscose yarn and fabrics since 2006.

2006 | Namakkal, Tamil Nadu (India) | Merged
Last Updated: January 18, 2025

Best Cheran Spintex India Profile

Key Indicators

  • Authorised Capital ₹ 22.50 Cr
  • Paid Up Capital ₹ 20.70 Cr
  • Company Age 18 Year, 10 Months
  • Last Filing with ROC 31 Mar 2016
  • Satisfied Charges ₹ 74.85 Cr
  • Revenue Growth -37.08%
  • Profit Growth -3729.85%
  • Ebitda -228.56%
  • Net Worth -79.34%
  • Total Assets -47.67%

About Best Cheran Spintex India

Best Cheran Spintex India Private Limited (BCSIPL) is Amalgamated company established on 20 Mar 2006 with its office registered at Namakkal, Tamil Nadu, India and has been running since 18 Year, 10 Months with a paid up capital of 20.70 Cr. According to MCA records, 7 Directors are linked to this company as of 18 Jan 2025.

Company Details

  • Location

    Namakkal, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17111TZ2006PTC012662

  • Company No.

    012662

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    20 Mar 2006

  • Date of AGM

    05 Sep 2016

  • Date of Balance Sheet

    31 Mar 2016

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Manufacturing

Who are the key members and board of directors at Best Cheran Spintex India?

Board Members (7)

Name Designation Appointment Date Status
Sengodagounder Muthusamy Country flag representing In Additional Director 14-Sep-2016 Current
Muthusamy Ravichandran Country flag representing In Additional Director 14-Sep-2016 Current
Palanisamy Duraiswamy Country flag representing In Additional Director 14-Sep-2016 Current
Govindampalyam Palanisamy Country flag representing In Additional Director 14-Sep-2016 Current
Ravichandran Muralidharan Country flag representing In Additional Director 14-Sep-2016 Current
Muthusamy Devarajan Country flag representing In Additional Director 14-Sep-2016 Current

Financial Performance of Best Cheran Spintex India.

Best Cheran Spintex India Private Limited, for the financial year ended 2016, experienced significant reduction in revenue, with a 37.08% decrease. The company also saw a substantial fall in profitability, with a 3729.85% decrease in profit. The company's net worth observed a substantial decline by a decrease of 79.34%.

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
-37.08%
Revenue from Operations
-40.50%
Total Assets
-47.67%
Profit or Loss
-3729.85%
Net Worth
-79.34%
EBITDA
-228.56%

What is the Ownership and Shareholding Structure of Best Cheran Spintex India?

In 2016, Best Cheran Spintex India had a promoter holding of 100.00%. The company had 2 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹74.85 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 74.85 Cr

Latest Charge Details

Date Lender Amount Status
30 Nov 2011 State Bank Of India ₹62.85 Cr Satisfied
06 Sep 2006 State Bank Of India ₹12.00 Cr Satisfied

How Many Employees Work at Best Cheran Spintex India?

Unlock and access historical data on people associated with Best Cheran Spintex India, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Best Cheran Spintex India, 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 Best Cheran Spintex India'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 Best Cheran Spintex India

Recent activity within the organization

  • Charges

    A charge registered on 06 Sep 2006 via Charge ID 10022116 with State Bank Of India was fully satisfied on 02 Feb 2017.

    02 Feb 2017

  • Director Appointment

    Sengodagounder Muthusamy was appointed as a Additional Director was appointed as a Additional Director on 14 Sep 2016 & has been associated with this company since 8 years 4 months .

    14 Sep 2016

  • Director Appointment

    Muthusamy Ravichandran was appointed as a Additional Director was appointed as a Additional Director on 14 Sep 2016 & has been associated with this company since 8 years 4 months .

    14 Sep 2016

  • Director Appointment

    Palanisamy Duraiswamy was appointed as a Additional Director was appointed as a Additional Director on 14 Sep 2016 & has been associated with this company since 8 years 4 months .

    14 Sep 2016

  • Director Appointment

    Govindampalyam Muthusamy Palanisamy was appointed as a Additional Director was appointed as a Additional Director on 14 Sep 2016 & has been associated with this company since 8 years 4 months .

    14 Sep 2016

  • Director Appointment

    Ravichandran Muralidharan was appointed as a Additional Director was appointed as a Additional Director on 14 Sep 2016 & has been associated with this company since 8 years 4 months .

    14 Sep 2016

Frequently asked questions

  • Best Cheran Spintex India Private Limited was incorporated on 20 Mar 2006.

  • The authorized share capital of Best Cheran Spintex India Private Limited is ₹ 22.50 Cr and paid-up capital is ₹ 20.70 Cr.

  • Currently 7 directors are associated with Best Cheran Spintex India Private Limited.

    • Sengodagounder Muthusamy
    • Muthusamy Ravichandran
    • Palanisamy Duraiswamy
    • Govindampalyam Muthusamy Palanisamy
    • Ravichandran Muralidharan
    • Muthusamy Palanisamy Devarajan
    • Sengoda Gounder Palanisamy Valliyappa Gounder
  • As per Ministry of Corporate Affairs (Mca), the registered address of Best Cheran Spintex India Private Limited is 198 Elanthakuttai Village Tiruchengode Taluk India, Erode, Tamil Nadu, 638008.

  • The corporate identification number (CIN) of Best Cheran Spintex India Private Limited is U17111TZ2006PTC012662 and the company number is 012662 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Best Cheran Spintex India Private Limited is https://www.cheran.in

  • According to the financial reports for the fiscal year 2016, the revenue trend for Best Cheran Spintex India Private Limited has fallen by -37.08%.

  • The financial reports for the fiscal year 2016 indicates that The net worth of Best Cheran Spintex India Private Limited has experienced an downturn of -79.34%.

  • The most recent Balance Sheet for Best Cheran Spintex India Private Limited was filed with the ROC on 31 Mar 2016.

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