Classic Filaments Limited

Wholesale textile company that manufactures, trades, and processes natural and synthetic fibers, cloth, and yarn.

1990 | Surat, Gujarat (India) | Active
Last Updated: October 04, 2024

Classic Filaments Profile

Key Indicators

  • Authorised Capital ₹ 7.50 Cr
  • Paid Up Capital ₹ 6.11 Cr
  • Company Age 34 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 7.40 M
  • Revenue Growth 307.04%
  • Profit Growth 2.78%
  • Ebitda 1.12%
  • Net Worth -1.65%
  • Total Assets -3.04%

About Classic Filaments

Classic Filaments Limited (CFL) is a Public Limited Indian Non-Government Company incorporated in India on 24 April 1990 and has a history of 34 years and nine months. Its registered office is in Surat, Gujarat, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 540310.

The Company is engaged in the Home & Lifestyle 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 7.50 Cr and a paid-up capital of Rs 6.11 Cr.

The company has closed loans amounting to ₹7.40 M, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Classic Filaments Limited India is Bharat Patel as CFO. Bharat Patel, Amit Patel, Jayanti Gaudani, and Two other members serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    L17114GJ1990PLC013667

  • Company No.

    013667

  • Stock Symbol

    BSE : 540310

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    24 Apr 1990

  • Date of AGM

    14 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Ahmedabad

Industry

Home & Lifestyle

Who are the key members and board of directors at Classic Filaments?

Executive Team (2)

NameDesignationAppointment DateStatus
Jayanti Gaudani Country flag representing In Managing Director24-May-2015Current
Bharat Patel Country flag representing In CFO24-May-2015Current

Board Members (4)

NameDesignationAppointment DateStatus
Bharat Patel Country flag representing In Director and Cfo 24-May-2015Current
Amit Patel Country flag representing In Director 18-Jan-2024Current
Arunaben Kachchhi Country flag representing In Director 01-Sep-2017Current
Bhavesh Dholiya Country flag representing In Director 10-Aug-2017Current

Financial Performance of Classic Filaments.

Classic Filaments Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 307.04% increase. The company also saw a slight improvement in profitability, with a 2.78% increase in profit. The company's net worth dipped by a decrease of 1.65%.

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
307.04%
Revenue from Operations
Total Assets
-3.04%
Profit or Loss
2.78%
Net Worth
-1.65%
EBITDA
1.12%

What is the Ownership and Shareholding Structure of Classic Filaments?

In 2023, Classic Filaments had a promoter holding of 11.18% and a public holding of 88.82%. 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

₹0.74 Cr

Charges Breakdown by Lending Institutions

  • Union Bank Of India : 0.74 Cr

Latest Charge Details

DateLenderAmountStatus
07 Oct 1999Union Bank Of India₹0.80 MSatisfied
07 Oct 1998Union Bank Of India₹0.80 MSatisfied
14 May 1994Union Bank Of India₹2.50 MSatisfied
10 Nov 1993Union Bank Of India₹2.50 MSatisfied
07 Oct 1992Union Bank Of India₹0.80 MSatisfied

How Many Employees Work at Classic Filaments?

Unlock and access historical data on people associated with Classic Filaments, 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 Classic Filaments, 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 Classic Filaments'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 Classic Filaments

Recent activity within the organization

  • Director Appointment

    Amit Anandbhai Patel was appointed as a Director was appointed as a Director on 18 Jan 2024 & has been associated with this company since 1 year 12 days .

    18 Jan 2024

  • Annual General Meeting

    Classic Filaments Limited last Annual general meeting of members was held on 14 Sep 2023 as per latest MCA records.

    14 Sep 2023

  • Balance Sheet

    Classic Filaments Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Charges

    A charge registered on 07 Oct 1999 via Charge ID 90110025 with Union Bank Of India was fully satisfied on 14 Mar 2019.

    14 Mar 2019

  • Charges

    A charge registered on 07 Oct 1998 via Charge ID 90109875 with Union Bank Of India was fully satisfied on 14 Mar 2019.

    14 Mar 2019

  • Charges

    A charge registered on 14 May 1994 via Charge ID 90109144 with Union Bank Of India was fully satisfied on 14 Mar 2019.

    14 Mar 2019

Frequently asked questions

  • Classic Filaments Limited was incorporated on 24 Apr 1990.

  • The authorized share capital of Classic Filaments Limited is ₹ 7.50 Cr and paid-up capital is ₹ 6.11 Cr.

  • Currently 6 directors are associated with Classic Filaments Limited.

    • Bharat Anandkumar Patel
    • Amit Anandbhai Patel
    • Jayanti Madhubhai Gaudani
    • Arunaben Vijaybhai Kachchhi
    • Bharat Patel
    • Bhavesh Lakhabhai Dholiya
  • As per Ministry of Corporate Affairs (Mca), the registered address of Classic Filaments Limited is Plot No. 1 Priyanka House, Umiyadham Road Varachha, Surat, Gujarat, India, 395006.

  • The corporate identification number (CIN) of Classic Filaments Limited is L17114GJ1990PLC013667 and the company number is 013667 as per Ministry of Corporate Affairs (MCA).

  • Yes, Classic Filaments Limited is registered on Bombay Stock Exchange (BSE).

  • The Official website of Classic Filaments Limited is https://www.classicfilamentsltd.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Classic Filaments Limited has risen by 307.04%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Classic Filaments Limited has experienced an downturn of -1.65%.

  • The most recent Balance Sheet for Classic Filaments Limited was filed with the ROC on 31 Mar 2023.

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