Classic Threadmills Private Limited

Manufactures and distributes sewing threads since 1985, based in Coimbatore, Tamil Nadu.

1985 | Coimbatore, Tamil Nadu (India) | Active
Last Updated: November 16, 2024

Classic Threadmills Profile

Key Indicators

  • Authorised Capital ₹ 2.00 M
  • Paid Up Capital ₹ 1.36 M
  • Company Age 39 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 28.15 Cr
  • Satisfied Charges ₹ 5.12 Cr
  • Revenue Growth %
  • Profit Growth 38.59%
  • Ebitda 40.85%
  • Net Worth -3.25%
  • Total Assets -0.88%

About Classic Threadmills

Classic Threadmills Private Limited (CTPL) is a Private Limited Indian Non-Government Company incorporated in India on 04 April 1985 and has a history of 39 years and ten months. 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 2024. It's a company limited by shares with an authorized capital of Rs 2.00 M and a paid-up capital of Rs 1.36 M.

The company currently has active open charges totaling ₹28.15 Cr. The company has closed loans amounting to ₹5.12 Cr, as per Ministry of Corporate Affairs (MCA) records.

Sajan Mimi and Sajan Balan serve as directors at the Company.

Company Details

  • Location

    Coimbatore, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17231TZ1985PTC001585

  • Company No.

    001585

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    04 Apr 1985

  • Date of AGM

    30 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 Classic Threadmills?

Executive Team (1)

NameDesignationAppointment DateStatus
Sajan Balan Country flag representing In Managing Director04-Apr-1985Current

Board Members (1)

NameDesignationAppointment DateStatus
Sajan Mimi Country flag representing In Director 01-Jul-2011Current

Financial Performance of Classic Threadmills.

Classic Threadmills Private Limited, for the financial year ended 2023, experienced no change in revenue, with a 0% increase. The company also saw a substantial improvement in profitability, with a 38.59% increase in profit. The company's net worth dipped by a decrease of 3.25%.

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
Revenue from Operations
Total Assets
-0.88%
Profit or Loss
38.59%
Net Worth
-3.25%
EBITDA
40.85%

What is the Ownership and Shareholding Structure of Classic Threadmills?

In 2023, Classic Threadmills had a promoter holding of 0.74% and a public holding of 99.27%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹281.53 M

Satisfied Charges

₹51.23 M

Charges Breakdown by Lending Institutions

  • Others : 14.85 Cr
  • Axis Bank Limited : 13.14 Cr
  • Elgi Finance Ltd : 0.16 Cr

Latest Charge Details

DateLenderAmountStatus
19 Dec 2023Others₹14.85 CrOpen
30 Jan 2019Axis Bank Limited₹13.14 CrOpen
15 Mar 1993Elgi Finance Ltd₹0.35 MOpen
03 Sep 1992Elgi Finance Ltd₹1.25 MOpen
30 Oct 2006Allahabad Bank₹2.00 CrSatisfied

How Many Employees Work at Classic Threadmills?

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

Recent activity within the organization

  • Annual General Meeting

    Classic Threadmills Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Classic Threadmills Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore.

    31 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 148.50 M with Charge ID 100835944 was registered on 19 Dec 2023.

    19 Dec 2023

  • Charges

    A charge with Axis Bank Limited of Rs. 131.43 M registered on 30 Jan 2019 with Charge ID 100236181 was modified on 29 Jun 2020.

    29 Jun 2020

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 131.43 M with Charge ID 100236181 was registered on 30 Jan 2019.

    30 Jan 2019

  • Charges

    A charge registered on 28 Mar 2003 via Charge ID 90009076 with Corporation Bank was fully satisfied on 28 Apr 2016.

    28 Apr 2016

Frequently asked questions

  • Classic Threadmills Private Limited was incorporated on 04 Apr 1985.

  • The authorized share capital of Classic Threadmills Private Limited is ₹ 2.00 M and paid-up capital is ₹ 1.36 M.

  • Currently 2 directors are associated with Classic Threadmills Private Limited.

    • Sajan Mimi
    • Sajan Balan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Classic Threadmills Private Limited is Sf No. 274/8A Anna Private Industrial Estate Vilankuruchi Road Thaneer Pandal, India, Coimbatore, Tamil Nadu, 641035.

  • The corporate identification number (CIN) of Classic Threadmills Private Limited is U17231TZ1985PTC001585 and the company number is 001585 as per Ministry of Corporate Affairs (MCA).

  • The financial reports for the fiscal year 2023 indicates that The net worth of Classic Threadmills Private Limited has experienced an downturn of -3.25%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Classic Threadmills Private Limited amount to ₹ 28.15 Cr.

  • The most recent Balance Sheet for Classic Threadmills Private Limited was filed with the ROC on 31 Mar 2024.

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