Cheran Weaves India Private Limited

Textile manufacturing and design company specializing in cotton grey cloth.

2005 | Namakkal, Tamil Nadu (India) | Active
Last Updated:

Cheran Weaves India Profile

Key Indicators

  • Authorised Capital ₹ 4.20 Cr
  • Paid Up Capital ₹ 4.09 Cr
  • Company Age 19 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 19.25 Cr
  • Revenue Growth 12.86%
  • Profit Growth -56.25%
  • Ebitda -22.12%
  • Net Worth 5.25%
  • Total Assets -8.23%

About Cheran Weaves India

Cheran Weaves India Private Limited (CWIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 28 November 2005 and has a history of 19 years and three months. Its registered office is in Namakkal, 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 4.20 Cr and a paid-up capital of Rs 4.09 Cr.

The company currently has active open charges totaling ₹19.25 Cr.

Sengodagounder Muthusamy, Alampalayam Palanisamy, Palanisamy Thangavel, and One other member serve as directors at the Company.

Company Details

  • Location

    Namakkal, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U17111TZ2005PTC012324

  • Company No.

    012324

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    28 Nov 2005

  • Date of AGM

    27 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Manufacturing

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

Board Members (4)

NameDesignationAppointment DateStatus
Sengodagounder Muthusamy Country flag representing In Whole-Time Director 28-Nov-2005Current
Alampalayam Palanisamy Country flag representing In Whole-Time Director 28-Nov-2005Current
Palanisamy Thangavel Country flag representing In Director 28-Nov-2005Current
Ramakrishna Srimathi Country flag representing In Whole-Time Director 18-Mar-2019Current

Financial Performance of Cheran Weaves India.

Cheran Weaves India Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 12.86% increase. The company also saw a substantial fall in profitability, with a 56.25% decrease in profit. The company's net worth moved up by a moderate rise of 5.25%.

Cheran Weaves India revenue growth over time
Cheran Weaves India 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
12.86%
Revenue from Operations
12.64%
Total Assets
-8.23%
Profit or Loss
-56.25%
Net Worth
5.25%
EBITDA
-22.12%

What is the Ownership and Shareholding Structure of Cheran Weaves India?

In 2023, Cheran Weaves India had a promoter holding of 61.27% and a public holding of 38.73%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹19.25 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • State Bank Of India : 19.25 Cr

Latest Charge Details

DateLenderAmountStatus
27 Jan 2012State Bank Of India₹19.25 CrOpen

How Many Employees Work at Cheran Weaves India?

Cheran Weaves India has a workforce of 17 employees as of Mar 23, 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.

Employee growth trends for Cheran Weaves India Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Cheran Weaves 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 Cheran Weaves 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 Cheran Weaves India

Recent activity within the organization

  • Annual General Meeting

    Cheran Weaves India Private Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Cheran Weaves India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore.

  • Charges

    A charge with State Bank Of India of Rs. 19.25 Cr registered on 27 Jan 2012 with Charge ID 10333834 was modified on 20 Mar 2023.

  • Director Appointment

    Ramakrishna Prasad Srimathi was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 18 Mar 2019 & has been associated with this company since 5 years 11 months .

  • Charges

    A charge with State Bank Of India amounted to Rs. 19.25 Cr with Charge ID 10333834 was registered on 27 Jan 2012.

  • Director Appointment

    Sengodagounder Muthusamy was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 28 Nov 2005 & has been associated with this company since 19 years 3 months .

Frequently asked questions

  • What is the Incorporation or founding date of Cheran Weaves India Private Limited?

    Cheran Weaves India Private Limited was incorporated on 28 Nov 2005.

  • What is authorized share capital and paid-up capital of Cheran Weaves India Private Limited?

    The authorized share capital of Cheran Weaves India Private Limited is ₹ 4.20 Cr and paid-up capital is ₹ 4.09 Cr.

  • Who are the current board members & directors of Cheran Weaves India Private Limited?

    Currently 4 directors are associated with Cheran Weaves India Private Limited.

    • Sengodagounder Muthusamy
    • Alampalayam Sengodagounder Palanisamy
    • Palanisamy Thangavel
    • Ramakrishna Prasad Srimathi
  • What is the registered address of Cheran Weaves India Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Cheran Weaves India Private Limited is S.F.No.475 Padari Tiruchengode Road Sowadhapuram Post, India, Erode, Tamil Nadu, 638008.

  • What is the corporate identification number (CIN) and company number of Cheran Weaves India Private Limited?

    The corporate identification number (CIN) of Cheran Weaves India Private Limited is U17111TZ2005PTC012324 and the company number is 012324 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Cheran Weaves India Private Limited?

    The Official website of Cheran Weaves India Private Limited is https://www.cheranweaves.com

  • What has been the recent revenue trend for Cheran Weaves India Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Cheran Weaves India Private Limited has risen by 12.86%.

  • How many employees does Cheran Weaves India Private Limited currently have?

    As Per 2023 financial reports, 17 employees are currently employed by Cheran Weaves India Private Limited.

  • What change has been observed in the net worth of Cheran Weaves India Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Cheran Weaves India Private Limited has experienced an upsurge of 5.25%.

  • What are the total open charges for Cheran Weaves India Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Cheran Weaves India Private Limited amount to ₹ 19.25 Cr.

  • When was the last Balance Sheet of Cheran Weaves India Private Limited filed with the ROC?

    The most recent Balance Sheet for Cheran Weaves India Private Limited was filed with the ROC on 31 Mar 2024.

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