Classic Knits India Private Limited

Manufactures and exports yarn, undergarments, T-shirts, and lounge wear for men and women.

2010 | Coimbatore, Tamil Nadu (India) | Active
Last Updated: November 16, 2024

Classic Knits India Profile

Key Indicators

  • Authorised Capital ₹ 16.00 Cr
  • Paid Up Capital ₹ 1.00 Cr
  • Company Age 15 Year, 6 Days
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 45.26 Cr
  • Satisfied Charges ₹ 82.55 Cr
  • Revenue Growth -53.66%
  • Profit Growth 91.65%
  • Ebitda -66.29%
  • Net Worth 143.22%
  • Total Assets -3.91%

About Classic Knits India

Classic Knits India Private Limited (CKIPL) is a Private Limited Indian Non-Government Company incorporated in India on 28 January 2010 and has a history of 15 years. Its registered office is in Coimbatore, 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 2023. It's a company limited by shares with an authorized capital of Rs 16.00 Cr and a paid-up capital of Rs 1.00 Cr.

The company currently has active open charges totaling ₹45.26 Cr. The company has closed loans amounting to ₹82.55 Cr, as per Ministry of Corporate Affairs (MCA) records.

Kumaresan Gounder and Pudhuvalasu Padmanabhan serve as directors at the Company.

Company Details

  • Location

    Coimbatore, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U18101TZ2010PTC015783

  • Company No.

    015783

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    28 Jan 2010

  • Date of AGM

    25 Mar 2024

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Manufacturing

What products or services does Classic Knits India Private Limited offer?

Classic Knits India Private Limited offers a wide range of products and services, including Kids Wear, Kids T-Shirt, Natural Fibers, Cotton Fibers.

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

Board Members (2)

Name Designation Appointment Date Status
Kumaresan Gounder Country flag representing In Director 27-Dec-2022 Current
Pudhuvalasu Padmanabhan Country flag representing In Director 27-Dec-2022 Current

Financial Performance of Classic Knits India.

Classic Knits India Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 53.66% decrease. The company also saw a substantial improvement in profitability, with a 91.65% increase in profit. The company's net worth Soared by an impressive increase of 143.22%.

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
-53.66%
Revenue from Operations
Total Assets
-3.91%
Profit or Loss
91.65%
Net Worth
143.22%
EBITDA
-66.29%

What is the Ownership and Shareholding Structure of Classic Knits India?

In 2023, Classic Knits India had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹45.26 Cr

Satisfied Charges

₹82.55 Cr

Charges Breakdown by Lending Institutions

  • Others : 45.26 Cr

Latest Charge Details

Date Lender Amount Status
29 Mar 2011 Others ₹45.26 Cr Open
26 Jun 2018 Canara Bank ₹10.00 Cr Satisfied
22 Apr 2013 Idbi Bank Limited ₹22.00 Cr Satisfied
01 Dec 2011 State Bank Of India ₹33.00 Cr Satisfied
27 Jul 2011 The South Indian Bank Limited ₹1.16 Cr Satisfied

How Many Employees Work at Classic Knits India?

Classic Knits India has a workforce of 6 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 Classic Knits 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 Classic Knits 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 Classic Knits India

Recent activity within the organization

  • Annual General Meeting

    Classic Knits India Private Limited last Annual general meeting of members was held on 25 Mar 2024 as per latest MCA records.

    25 Mar 2024

  • Charges

    A charge registered on 26 Jun 2018 via Charge ID 100234149 with Canara Bank was fully satisfied on 27 Sep 2023.

    27 Sep 2023

  • Charges

    A charge registered on 22 Apr 2013 via Charge ID 10426963 with Idbi Bank Limited was fully satisfied on 10 Aug 2023.

    10 Aug 2023

  • Balance Sheet

    Classic Knits India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Coimbatore.

    31 Mar 2023

  • Director Appointment

    Kumaresan Pudhuvalasu Nallasamy Gounder was appointed as a Director was appointed as a Director on 27 Dec 2022 & has been associated with this company since 2 years 1 month .

    27 Dec 2022

  • Director Appointment

    Pudhuvalasu Nallasamy Padmanabhan was appointed as a Director was appointed as a Director on 27 Dec 2022 & has been associated with this company since 2 years 1 month .

    27 Dec 2022

Frequently asked questions

  • Classic Knits India Private Limited was incorporated on 28 Jan 2010.

  • The authorized share capital of Classic Knits India Private Limited is ₹ 16.00 Cr and paid-up capital is ₹ 1.00 Cr.

  • Currently 2 directors are associated with Classic Knits India Private Limited.

    • Kumaresan Pudhuvalasu Nallasamy Gounder
    • Pudhuvalasu Nallasamy Padmanabhan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Classic Knits India Private Limited is 43 Jayalakshmi Ginning Factory Compound Alangadu, Mangalam Road India, Tirupur, Tamil Nadu, 641604.

  • The corporate identification number (CIN) of Classic Knits India Private Limited is U18101TZ2010PTC015783 and the company number is 015783 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Classic Knits India Private Limited is https://www.classicknits.co.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Classic Knits India Private Limited has fallen by -53.66%.

  • As Per 2023 financial reports, 6 employees are currently employed by Classic Knits India Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Classic Knits India Private Limited has experienced an upsurge of 143.22%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Classic Knits India Private Limited amount to ₹ 45.26 Cr.

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

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