Chola Textiles Profile
Key Indicators
- Authorised Capital ₹ 4.00 Cr
- Paid Up Capital ₹ 1.18 Cr
- Company Age 39 Year, 1 Month
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 105.35 Cr
- Satisfied Charges ₹ 84.79 Cr
- Revenue Growth -17.71%
- Profit Growth -134.32%
- Ebitda -106.15%
- Net Worth -4.40%
- Total Assets 15.76%
About Chola Textiles
Chola Textiles Private Limited (CTPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 03 April 1986 and has a history of 39 years and one month. Its registered office is in Coimbatore, Tamil Nadu.
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.
Company Details
- Location Coimbatore, Tamil Nadu
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- 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
Manufacturing
Chola Textiles Private Limited
Explore comprehensive data for Chola Textiles Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
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 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.
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Ammasaikutti and Dhanabakiyam are mutual person
Charges (Loans)
Open Charges
₹105.35 Cr
Satisfied Charges
₹84.79 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 95.35 Cr
- Others : 10.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 24 Aug 2021 | Others | ₹10.00 Cr | Open |
| 28 Jun 2021 | Hdfc Bank Limited | ₹8.49 M | Open |
| 11 Feb 2021 | Hdfc Bank Limited | ₹3.89 Cr | Open |
| 24 Jun 2019 | Hdfc Bank Limited | ₹50.81 Cr | Open |
| 25 Feb 2019 | Hdfc Bank Limited | ₹39.81 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.
Latest Updates, News, and FAQs on Chola Textiles
Recent activity within the organization
- Annual General Meeting
Chola Textiles Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Balance Sheet
Chola Textiles Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Coimbatore.
- Charges
A charge with Others amounted to Rs. 10.00 Cr with Charge ID 100485997 was registered on 24 Aug 2021.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.85 Cr with Charge ID 100455213 was registered on 28 Jun 2021.
- Charges
A charge with Hdfc Bank Limited of Rs. 3.89 Cr registered on 11 Feb 2021 with Charge ID 100423315 was modified on 18 Mar 2021.
- Charges
A charge with Hdfc Bank Limited of Rs. 39.81 Cr registered on 25 Feb 2019 with Charge ID 100249532 was modified on 18 Mar 2021.
Frequently asked questions
What is the Incorporation or founding date of Chola Textiles Private Limited?
Chola Textiles Private Limited was incorporated on 03 Apr 1986.
What is authorized share capital and paid-up capital of Chola Textiles Private Limited?
The authorized share capital of Chola Textiles Private Limited is ₹ 4.00 Cr and paid-up capital is ₹ 1.18 Cr.
Who are the current board members & directors of Chola Textiles Private Limited?
Currently 2 directors are associated with Chola Textiles Private Limited.
- Ammasaikutti
- Dhanabakiyam
What is the registered address of Chola Textiles Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Chola Textiles Private Limited is No 20 Dharapuram Road Thillai Nagar, Tirupur India, Coimbatore, Tamil Nadu, 641608.
What is the corporate identification number (CIN) and company number of Chola Textiles Private Limited?
The corporate identification number (CIN) of Chola Textiles Private Limited is U17111TZ1986PTC001762 and the company number is 001762 as per Ministry of Corporate Affairs (MCA).
What is the official website of Chola Textiles Private Limited?
The Official website of Chola Textiles Private Limited is https://www.cholagroups.com
What has been the recent revenue trend for Chola Textiles Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Chola Textiles Private Limited has fallen by -17.71%.
How many employees does Chola Textiles Private Limited currently have?
As Per 2023 financial reports, 179 employees are currently employed by Chola Textiles Private Limited.
What change has been observed in the net worth of Chola Textiles Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Chola Textiles Private Limited has experienced an downturn of -4.40%.
What are the total open charges for Chola Textiles Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Chola Textiles Private Limited amount to ₹ 105.35 Cr.
When was the last Balance Sheet of Chola Textiles Private Limited filed with the ROC?
The most recent Balance Sheet for Chola Textiles Private Limited was filed with the ROC on 31 Mar 2023.
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