Colourtex Industries Private Limited

Produces a wide range of dyes and chemicals for textile and leather industries.

1989 | Surat, Gujarat (India) | Active
Last Updated: October 13, 2024

Colourtex Industries Profile

Key Indicators

  • Authorised Capital ₹ 69.38 Cr
  • Paid Up Capital ₹ 4.00 Cr
  • Company Age 35 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 613.45 Cr
  • Satisfied Charges ₹ 285.41 Cr
  • Revenue Growth -7.76%
  • Profit Growth -75.99%
  • Ebitda -65.23%
  • Net Worth 4.28%
  • Total Assets -7.34%

About Colourtex Industries

Colourtex Industries Private Limited (CIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 23 October 1989 and has a history of 35 years and four months. Its registered office is in Surat, Gujarat, India.

The Corporate was formerly known as Pandesara Dyes And Intermediates Private Limited. The Company is engaged in the Chemicals And Materials 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 69.38 Cr and a paid-up capital of Rs 4.00 Cr.

The company currently has active open charges totaling ₹613.45 Cr. The company has closed loans amounting to ₹285.41 Cr, as per Ministry of Corporate Affairs (MCA) records.

Vishadkumar Jariwala, Jayantilal Jariwala, Kanakkumar Jariwala, and Two other members serve as directors at the Company.

Company Details

  • Location

    Surat, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    colourtex.co.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U24231GJ1989PTC012922

  • Company No.

    012922

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    23 Oct 1989

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Chemicals and Materials

What products or services does Colourtex Industries Private Limited offer?

Colourtex Industries Private Limited offers a wide range of products and services, including Common Disease Medicines, Pharmaceutical Medicine, Industrial Chemicals & Supplies, Liquid Phenol, Dyes & Color Additives, High Performance Pigment, Pigments.

Who are the key members and board of directors at Colourtex Industries?

Executive Team (1)

NameDesignationAppointment DateStatus
Jayantilal Jariwala Country flag representing In Managing Director02-Mar-2011Current

Board Members (4)

NameDesignationAppointment DateStatus
Vishadkumar Jariwala Country flag representing In Director 29-Dec-1994Current
Kanakkumar Jariwala Country flag representing In Director 18-Jan-1994Current
Maheshchandra Kabutarwala Country flag representing In Director 22-Sep-1993Current
Pravinchandra Kabutarwala Country flag representing In Director 23-Oct-1989Current

Financial Performance of Colourtex Industries.

Colourtex Industries Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 7.76% decrease. The company also saw a substantial fall in profitability, with a 75.99% decrease in profit. The company's net worth moved up by a moderate rise of 4.28%.

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
-7.76%
Revenue from Operations
-8.37%
Total Assets
-7.34%
Profit or Loss
-75.99%
Net Worth
4.28%
EBITDA
-65.23%

What is the Ownership and Shareholding Structure of Colourtex Industries?

In 2023, Colourtex Industries 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

₹613.45 Cr

Satisfied Charges

₹285.41 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 250.00 Cr
  • Idbi Bank Limited : 230.00 Cr
  • Standard Chartered Bank : 75.00 Cr
  • Others : 50.00 Cr
  • State Bank Of India : 5.49 Cr
  • Others : 2.96 Cr

Latest Charge Details

DateLenderAmountStatus
25 May 2023Hdfc Bank Limited₹100.00 CrOpen
17 Mar 2022Hdfc Bank Limited₹30.00 CrOpen
05 Oct 2017Others₹50.00 CrOpen
22 Apr 2013Hdfc Bank Limited₹120.00 CrOpen
25 Feb 2010Standard Chartered Bank₹75.00 CrOpen

How Many Employees Work at Colourtex Industries?

Colourtex Industries has a workforce of 2409 employees as of Oct 13, 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 Colourtex Industries, 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 Colourtex Industries'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 Colourtex Industries

Recent activity within the organization

  • Annual General Meeting

    Colourtex Industries Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 100.00 Cr with Charge ID 100732634 was registered on 25 May 2023.

    25 May 2023

  • Balance Sheet

    Colourtex Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Charges

    A charge with Idbi Bank Limited of Rs. 230.00 Cr registered on 29 Mar 2008 with Charge ID 10097978 was modified on 24 Nov 2022.

    24 Nov 2022

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 30.00 Cr with Charge ID 100554161 was registered on 17 Mar 2022.

    17 Mar 2022

  • Charges

    A charge with Others of Rs. 50.00 Cr registered on 05 Oct 2017 with Charge ID 100139167 was modified on 17 Nov 2020.

    17 Nov 2020

Frequently asked questions

  • Colourtex Industries Private Limited was incorporated on 23 Oct 1989.

  • The authorized share capital of Colourtex Industries Private Limited is ₹ 69.38 Cr and paid-up capital is ₹ 4.00 Cr.

  • Currently 5 directors are associated with Colourtex Industries Private Limited.

    • Vishadkumar Jayantilal Jariwala
    • Jayantilal Thakordas Jariwala
    • Kanakkumar Jayantilal Jariwala
    • Maheshchandra Dhansukhlal Kabutarwala
    • Pravinchandra Dhansukhlal Kabutarwala
  • As per Ministry of Corporate Affairs (Mca), the registered address of Colourtex Industries Private Limited is S No 80 Bhestan, Gidc Pandesar, Surat, Gujarat, India, 394221.

  • The corporate identification number (CIN) of Colourtex Industries Private Limited is U24231GJ1989PTC012922 and the company number is 012922 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Colourtex Industries Private Limited is https://www.colourtex.co.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Colourtex Industries Private Limited has fallen by -7.76%.

  • As Per 2023 financial reports, 2409 employees are currently employed by Colourtex Industries Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Colourtex Industries Private Limited has experienced an upsurge of 4.28%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Colourtex Industries Private Limited amount to ₹ 613.45 Cr.

  • The most recent Balance Sheet for Colourtex Industries Private Limited was filed with the ROC on 31 Mar 2023.

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