Karishma Textiles Private Limited

Manufactures and sells cotton yarn and weaves cloth from it.

2005 | Virudhunagar, Tamil Nadu (India) | Active
Last Updated: October 23, 2024

Karishma Textiles Profile

Key Indicators

  • Authorised Capital ₹ 6.00 M
  • Paid Up Capital ₹ 6.00 M
  • Company Age 19 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 58.99 Cr
  • Satisfied Charges ₹ 139.54 Cr
  • Revenue Growth %
  • Profit Growth -629.92%
  • Ebitda -629.92%
  • Net Worth -2.04%
  • Total Assets 0.26%

About Karishma Textiles

Karishma Textiles Private Limited (KTPL) is a Private Limited Indian Non-Government Company incorporated in India on 27 May 2005 and has a history of 19 years and eight months. Its registered office is in Virudhunagar, 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 6.00 M and a paid-up capital of Rs 6.00 M.

The company currently has active open charges totaling ₹58.99 Cr. The company has closed loans amounting to ₹139.54 Cr, as per Ministry of Corporate Affairs (MCA) records.

Seetharaman Kavitha, Radhakrishnan Anitha, Kandasamy Gopalsamy, and One other member serve as directors at the Company.

Company Details

  • Location

    Virudhunagar, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17111TN2005PTC056430

  • Company No.

    056430

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    27 May 2005

  • Date of AGM

    28 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Manufacturing

Who are the key members and board of directors at Karishma Textiles?

Board Members (4)

NameDesignationAppointment DateStatus
Seetharaman Kavitha Country flag representing In Director 27-May-2005Current
Radhakrishnan Anitha Country flag representing In Director 10-Jun-2020Current
Kandasamy Gopalsamy Country flag representing In Director 10-Jun-2020Current
Thiruvenkitappa Seetharaman Country flag representing In Director 27-May-2005Current

Financial Performance of Karishma Textiles.

Karishma Textiles Private Limited, for the financial year ended 2023, experienced no change in revenue, with a 0% increase. The company also saw a substantial fall in profitability, with a 629.92% decrease in profit. The company's net worth dipped by a decrease of 2.04%.

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
0.26%
Profit or Loss
-629.92%
Net Worth
-2.04%
EBITDA
-629.92%

What is the Ownership and Shareholding Structure of Karishma Textiles?

In 2023, Karishma Textiles had a promoter holding of 50.00% and a public holding of 50.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹589.90 M

Satisfied Charges

₹1,395.40 M

Charges Breakdown by Lending Institutions

  • City Union Bank Limited : 58.99 Cr

Latest Charge Details

DateLenderAmountStatus
24 Aug 2022City Union Bank Limited₹47.66 CrOpen
21 Oct 2021City Union Bank Limited₹6.33 CrOpen
27 Oct 2014City Union Bank Limited₹5.00 CrOpen
16 Mar 2006State Bank Of India₹138.20 CrSatisfied
16 Mar 2006State Bank Of India₹1.34 CrSatisfied

How Many Employees Work at Karishma Textiles?

Unlock and access historical data on people associated with Karishma Textiles, 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 Karishma Textiles, 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 Karishma Textiles'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 Karishma Textiles

Recent activity within the organization

  • Annual General Meeting

    Karishma Textiles Private Limited last Annual general meeting of members was held on 28 Sep 2024 as per latest MCA records.

    28 Sep 2024

  • Balance Sheet

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

    31 Mar 2024

  • Charges

    A charge registered on 16 Mar 2006 via Charge ID 80034105 with State Bank Of India was fully satisfied on 18 Nov 2022.

    18 Nov 2022

  • Charges

    A charge registered on 16 Mar 2006 via Charge ID 80034250 with State Bank Of India was fully satisfied on 18 Nov 2022.

    18 Nov 2022

  • Charges

    A charge with City Union Bank Limited amounted to Rs. 476.60 M with Charge ID 100651921 was registered on 24 Aug 2022.

    24 Aug 2022

  • Charges

    A charge with City Union Bank Limited amounted to Rs. 63.30 M with Charge ID 100523512 was registered on 21 Oct 2021.

    21 Oct 2021

Frequently asked questions

  • Karishma Textiles Private Limited was incorporated on 27 May 2005.

  • The authorized share capital of Karishma Textiles Private Limited is ₹ 6.00 M and paid-up capital is ₹ 6.00 M.

  • Currently 4 directors are associated with Karishma Textiles Private Limited.

    • Seetharaman Kavitha
    • Radhakrishnan Anitha
    • Kandasamy Gopalsamy
    • Thiruvenkitappa Naicker Seetharaman
  • As per Ministry of Corporate Affairs (Mca), the registered address of Karishma Textiles Private Limited is D.No.1/114, Alangulam Main Rdthobakularm Po Rajapalayam Taluk India, Virudhunagar Distrect, Tamil Nadu, 626117.

  • The corporate identification number (CIN) of Karishma Textiles Private Limited is U17111TN2005PTC056430 and the company number is 056430 as per Ministry of Corporate Affairs (MCA).

  • The financial reports for the fiscal year 2023 indicates that The net worth of Karishma Textiles Private Limited has experienced an downturn of -2.04%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Karishma Textiles Private Limited amount to ₹ 58.99 Cr.

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

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