Katheri Industrial Private Limited

Export-oriented weaving mill producing a variety of cotton fabrics for international market.

2013 | Erode, Tamil Nadu (India) | Active
Last Updated: October 24, 2024

Katheri Industrial Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 3.50 Cr
  • Company Age 11 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 15.94 Cr
  • Satisfied Charges ₹ 47.64 Cr
  • Revenue Growth 9.97%
  • Profit Growth -143.70%
  • Ebitda -90.85%
  • Net Worth -18.29%
  • Total Assets -37.83%

About Katheri Industrial

Katheri Industrial Private Limited (KIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 05 September 2013 and has a history of 11 years and five months. 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 2023. It's a company limited by shares with an authorized capital of Rs 5.00 Cr and a paid-up capital of Rs 3.50 Cr.

The company currently has active open charges totaling ₹15.94 Cr. The company has closed loans amounting to ₹47.64 Cr, as per Ministry of Corporate Affairs (MCA) records.

Vasub and Jaishankar Balasubramaniam serve as directors at the Company.

Company Details

  • Location

    Erode, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    katherigroup.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17111TZ2013PTC019831

  • Company No.

    019831

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    05 Sep 2013

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Manufacturing

What products or services does Katheri Industrial Private Limited offer?

Katheri Industrial Private Limited offers a wide range of products and services, including Industrial Fabrics and Textiles, Industrial Fabric, Apparel Fabrics & Clothing Textiles, Natural Fabric, Apparel & Clothing Fabric.

Who are the key members and board of directors at Katheri Industrial?

Executive Team (2)

NameDesignationAppointment DateStatus
Vasub Country flag representing In Managing Director05-Sep-2013Current
Jaishankar Balasubramaniam Country flag representing In Managing Director05-Sep-2013Current

Board Members

People

No Directors or KMP associated with company. Upon reviewing the records, we can confirm that there are no Directors or Key Management Personnel (KMP) associated with this company at present.

Financial Performance of Katheri Industrial.

Katheri Industrial Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 9.97% increase. The company also saw a substantial fall in profitability, with a 143.7% decrease in profit. The company's net worth observed a substantial decline by a decrease of 18.29%.

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
9.97%
Revenue from Operations
13.26%
Total Assets
-37.83%
Profit or Loss
-143.70%
Net Worth
-18.29%
EBITDA
-90.85%

What is the Ownership and Shareholding Structure of Katheri Industrial?

In 2023, Katheri Industrial 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

₹15.94 Cr

Satisfied Charges

₹47.64 Cr

Charges Breakdown by Lending Institutions

  • Others : 11.94 Cr
  • Hdfc Bank Limited : 4.00 Cr

Latest Charge Details

DateLenderAmountStatus
22 May 2024Others₹11.00 CrOpen
22 Nov 2022Hdfc Bank Limited₹4.00 CrOpen
29 Aug 2022Others₹1.64 MOpen
15 Feb 2022Others₹7.75 MOpen
24 Mar 2023Axis Bank Limited₹14.62 CrSatisfied

How Many Employees Work at Katheri Industrial?

Unlock and access historical data on people associated with Katheri Industrial, 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 Katheri Industrial, 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 Katheri Industrial'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 Katheri Industrial

Recent activity within the organization

  • Charges

    A charge registered on 24 Mar 2023 via Charge ID 100710971 with Axis Bank Limited was fully satisfied on 19 Aug 2024.

    19 Aug 2024

  • Charges

    A charge with Others amounted to Rs. 11.00 Cr with Charge ID 100925273 was registered on 22 May 2024.

    22 May 2024

  • Annual General Meeting

    Katheri Industrial 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 registered on 17 Jan 2022 via Charge ID 100531089 with Others was fully satisfied on 08 Aug 2023.

    08 Aug 2023

  • Balance Sheet

    Katheri Industrial Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Coimbatore.

    31 Mar 2023

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 14.62 Cr with Charge ID 100710971 was registered on 24 Mar 2023.

    24 Mar 2023

Frequently asked questions

  • Katheri Industrial Private Limited was incorporated on 05 Sep 2013.

  • The authorized share capital of Katheri Industrial Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 3.50 Cr.

  • Currently 2 directors are associated with Katheri Industrial Private Limited.

    • Vasub
    • Jaishankar Balasubramaniam
  • As per Ministry of Corporate Affairs (Mca), the registered address of Katheri Industrial Private Limited is No.20 Nethaji Nagar Sukkiramania Valasu Manickampalayam Road, India, Erode, Tamil Nadu, 638004.

  • The corporate identification number (CIN) of Katheri Industrial Private Limited is U17111TZ2013PTC019831 and the company number is 019831 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Katheri Industrial Private Limited is https://www.katherigroup.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Katheri Industrial Private Limited has risen by 9.97%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Katheri Industrial Private Limited has experienced an downturn of -18.29%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Katheri Industrial Private Limited amount to ₹ 15.94 Cr.

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

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