Chavo Textile Private Limited

Textile company providing weaving, processing, and finishing services for various textile goods.

1981 | Mumbai, Maharashtra (India) | Active
Last Updated: October 23, 2024

Chavo Textile Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 2.14 M
  • Company Age 43 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 1.99 Cr
  • Satisfied Charges ₹ 8.97 Cr
  • Revenue Growth 32.94%
  • Profit Growth 217.94%
  • Ebitda 540.72%
  • Net Worth 25.95%
  • Total Assets -5.68%

About Chavo Textile

Chavo Textile Private Limited (CTPL) is a Private Limited Indian Non-Government Company incorporated in India on 24 December 1981 and has a history of 43 years and one month. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Alpic (India) Textiles Processors Private Limited. 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 2023. It's a company limited by shares with an authorized capital of Rs 5.00 M and a paid-up capital of Rs 2.14 M.

The company currently has active open charges totaling ₹1.99 Cr. The company has closed loans amounting to ₹8.97 Cr, as per Ministry of Corporate Affairs (MCA) records.

Shivkant Khetan and Rahul Khetan serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17100MH1981PTC025943

  • Company No.

    025943

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    24 Dec 1981

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Manufacturing

Who are the key members and board of directors at Chavo Textile?

Board Members (2)

Name Designation Appointment Date Status
Rahul Khetan Country flag representing In Director 11-Mar-2011 Current
Shivkant Khetan Country flag representing In Director 26-Feb-1987 Current

Financial Performance of Chavo Textile.

Chavo Textile Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 32.94% increase. The company also saw a substantial improvement in profitability, with a 217.94% increase in profit. The company's net worth Soared by an impressive increase of 25.95%.

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
32.94%
Revenue from Operations
32.98%
Total Assets
-5.68%
Profit or Loss
217.94%
Net Worth
25.95%
EBITDA
540.72%

What is the Ownership and Shareholding Structure of Chavo Textile?

In 2023, Chavo Textile had a promoter holding of 74.07% and a public holding of 25.93%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹19.90 M

Satisfied Charges

₹89.67 M

Charges Breakdown by Lending Institutions

  • City Union Bank Limited : 1.99 Cr

Latest Charge Details

Date Lender Amount Status
28 Feb 2020 City Union Bank Limited ₹1.99 Cr Open
29 Dec 2016 City Union Bank Limited ₹2.00 Cr Satisfied
19 May 2014 The Greater Bombay Co-Op Bank Limited ₹1.50 M Satisfied
20 Jul 2010 The Greater Bombay Co-Op Bank Ltd ₹6.60 M Satisfied
04 Mar 2005 Greater Bombay Co-Operative Bank Limited ₹1.86 Cr Satisfied

How Many Employees Work at Chavo Textile?

Chavo Textile has a workforce of 11 employees as of Apr 05, 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 Chavo Textile, 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 Chavo Textile'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 Chavo Textile

Recent activity within the organization

  • Charges

    A charge with City Union Bank Limited of Rs. 19.90 M registered on 28 Feb 2020 with Charge ID 100337505 was modified on 07 Aug 2024.

    07 Aug 2024

  • Annual General Meeting

    Chavo Textile Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Chavo Textile Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge registered on 29 Dec 2016 via Charge ID 100077992 with City Union Bank Limited was fully satisfied on 02 Jun 2020.

    02 Jun 2020

  • Charges

    A charge with City Union Bank Limited amounted to Rs. 19.90 M with Charge ID 100337505 was registered on 28 Feb 2020.

    28 Feb 2020

  • Charges

    A charge with City Union Bank Limited of Rs. 20.00 M registered on 29 Dec 2016 with Charge ID 100077992 was modified on 21 Mar 2018.

    21 Mar 2018

Frequently asked questions

  • Chavo Textile Private Limited was incorporated on 24 Dec 1981.

  • The authorized share capital of Chavo Textile Private Limited is ₹ 5.00 M and paid-up capital is ₹ 2.14 M.

  • Currently 2 directors are associated with Chavo Textile Private Limited.

    • Shivkant Kashinath Khetan
    • Rahul Shivkant Khetan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Chavo Textile Private Limited is Unit No. 180 1St Floor Building 5 B Wing Akshay Mittal Industrial Premises Co-Op Society Limited Estate Andheri Kurla Road (East), India, Mumbai, Maharashtra, 400059.

  • The corporate identification number (CIN) of Chavo Textile Private Limited is U17100MH1981PTC025943 and the company number is 025943 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Chavo Textile Private Limited has risen by 32.94%.

  • As Per 2023 financial reports, 11 employees are currently employed by Chavo Textile Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Chavo Textile Private Limited has experienced an upsurge of 25.95%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Chavo Textile Private Limited amount to ₹ 1.99 Cr.

  • The most recent Balance Sheet for Chavo Textile Private Limited was filed with the ROC on 31 Mar 2023.

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