Finecot Textiles Coimbatore Private Limited

Manufactures cotton yarn in Coimbatore, Tamil Nadu since 2000.

2000 | Erode, Tamil Nadu (India) | Active
Last Updated: January 11, 2025

Finecot Textiles Coimbatore Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 2.50 M
  • Company Age 25 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 4.30 M
  • Revenue Growth -13.24%
  • Profit Growth 3.26%
  • Ebitda -1.72%
  • Net Worth 6.87%
  • Total Assets -25.47%

About Finecot Textiles Coimbatore

Finecot Textiles Coimbatore Private Limited (FTCPL) is a Private Limited Indian Non-Government Company incorporated in India on 19 January 2000 and has a history of 25 years and one month. Its registered office is in Erode, 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 2.50 M and a paid-up capital of Rs 2.50 M.

The company has closed loans amounting to ₹4.30 M, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Duraikannan Kamalakannan and Kamalakannan Devi serve as directors at the Company.

Company Details

  • Location

    Erode, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17111TZ2000PTC009141

  • Company No.

    009141

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    19 Jan 2000

  • 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 Finecot Textiles Coimbatore?

Executive Team (1)

NameDesignationAppointment DateStatus
Kamalakannan Devi Country flag representing In Managing Director19-Jan-2000Current

Board Members (1)

NameDesignationAppointment DateStatus
Duraikannan Kamalakannan Country flag representing In Director 07-Mar-2011Current

Financial Performance of Finecot Textiles Coimbatore.

Finecot Textiles Coimbatore Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 13.24% decrease. The company also saw a slight improvement in profitability, with a 3.26% increase in profit. The company's net worth moved up by a moderate rise of 6.87%.

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
-13.24%
Revenue from Operations
-13.24%
Total Assets
-25.47%
Profit or Loss
3.26%
Net Worth
6.87%
EBITDA
-1.72%

What is the Ownership and Shareholding Structure of Finecot Textiles Coimbatore?

In 2020, Finecot Textiles Coimbatore 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

₹0

Satisfied Charges

₹4.30 M

Charges Breakdown by Lending Institutions

  • Indian Overseas Bank : 0.35 Cr
  • The Financial Bank Ltd : 0.08 Cr

Latest Charge Details

DateLenderAmountStatus
26 Apr 2004Indian Overseas Bank₹3.50 MSatisfied
13 Feb 2002The Financial Bank Ltd₹0.80 MSatisfied

How Many Employees Work at Finecot Textiles Coimbatore?

Finecot Textiles Coimbatore has a workforce of 4 employees as of Mar 31, 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 Finecot Textiles Coimbatore, 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 Finecot Textiles Coimbatore'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 Finecot Textiles Coimbatore

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

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

    31 Mar 2024

  • Charges

    A charge registered on 26 Apr 2004 via Charge ID 90004331 with Indian Overseas Bank was fully satisfied on 24 Jan 2023.

    24 Jan 2023

  • Director Appointment

    Duraikannan Kamalakannan was appointed as a Director was appointed as a Director on 07 Mar 2011 & has been associated with this company since 13 years 11 months .

    07 Mar 2011

  • Charges

    A charge with Indian Overseas Bank of Rs. 3.50 M registered on 26 Apr 2004 with Charge ID 90004331 was modified on 19 Feb 2009.

    19 Feb 2009

  • Charges

    A charge with Indian Overseas Bank amounted to Rs. 3.50 M with Charge ID 90004331 was registered on 26 Apr 2004.

    26 Apr 2004

Frequently asked questions

  • Finecot Textiles Coimbatore Private Limited was incorporated on 19 Jan 2000.

  • The authorized share capital of Finecot Textiles Coimbatore Private Limited is ₹ 2.50 M and paid-up capital is ₹ 2.50 M.

  • Currently 2 directors are associated with Finecot Textiles Coimbatore Private Limited.

    • Duraikannan Kamalakannan
    • Kamalakannan Shiyamala Devi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Finecot Textiles Coimbatore Private Limited is 472/4A Neelipalayam Nochikuttai Post India, Coimbatore, Tamil Nadu, 638459.

  • The corporate identification number (CIN) of Finecot Textiles Coimbatore Private Limited is U17111TZ2000PTC009141 and the company number is 009141 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2020, the revenue trend for Finecot Textiles Coimbatore Private Limited has fallen by -13.24%.

  • As Per 2020 financial reports, 4 employees are currently employed by Finecot Textiles Coimbatore Private Limited.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Finecot Textiles Coimbatore Private Limited has experienced an upsurge of 6.87%.

  • The most recent Balance Sheet for Finecot Textiles Coimbatore Private Limited was filed with the ROC on 31 Mar 2024.

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