Chola Textiles Profile
Key Indicators
- Authorised Capital ₹ 4.00 Cr
as on 15-11-2024
- Paid Up Capital ₹ 1.18 Cr
as on 15-11-2024
- Company Age 38 Year, 8 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 105.35 Cr
as on 15-11-2024
- Satisfied Charges ₹ 84.79 Cr
as on 15-11-2024
- Revenue -17.71%
(FY 2023)
- Profit -134.32%
(FY 2023)
- Ebitda -106.15%
(FY 2023)
- Net Worth -4.40%
(FY 2023)
- Total Assets 15.76%
(FY 2023)
About Chola Textiles
The Corporate was formerly known as Chola Textiles 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 4.00 Cr and a paid-up capital of Rs 1.18 Cr.
The company currently has active open charges totaling ₹105.35 Cr. The company has closed loans amounting to ₹84.79 Cr, as per Ministry of Corporate Affairs (MCA) records.
Ammasaikutti and Dhanabakiyam serve as directors at the Company.
- CIN/LLPIN
U17111TZ1986PTC001762
- Company No.
001762
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
03 Apr 1986
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Coimbatore
Industry
Company Details
- LocationCoimbatore, Tamil Nadu
- Telephone
- Email Address
- Website
- Social Media-
Who are the key members and board of directors at Chola Textiles?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ammasaikutti  | Managing Director | 03-Apr-1986 | Current |
Board Members(1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Dhanabakiyam | Director | 24-Mar-2020 | Current |
Financial Performance and Corporate Structure Insights of Chola Textiles.
Chola Textiles Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 17.71% decrease. The company also saw a substantial fall in profitability, with a 134.32% decrease in profit. The company's net worth dipped by a decrease of 4.4%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Chola Textiles?
In 2023, Chola Textiles had a promoter holding of 45.56% and a public holding of 54.44%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Excel Cotspin India Private LimitedActive 28 years 2 monthsAmmasaikutti and Dhanabakiyam are mutual person
Pandian Textile Mills Private LimitedActive 34 years 11 monthsAmmasaikutti and Dhanabakiyam are mutual person
- Pallava Spinning Mills Private LimitedActive 27 years 5 months
Ammasaikutti and Dhanabakiyam are mutual person
- Cheran Cotspin Private LimitedActive 8 years 5 months
Ammasaikutti and Dhanabakiyam are mutual person
- Chola Greenenergy Private LimitedActive 3 years 3 months
Ammasaikutti and Dhanabakiyam are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 24 Aug 2021 | ₹10.00 Cr | Open |
Hdfc Bank Limited Creation Date: 28 Jun 2021 | ₹8.49 M | Open |
Hdfc Bank Limited Creation Date: 11 Feb 2021 | ₹3.89 Cr | Open |
How Many Employees Work at Chola Textiles?
Chola Textiles has a workforce of 179 employees as of Apr 06, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Chola 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 Chola 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.
