Quality Knit Wears Profile
Key Indicators
- Authorised Capital ₹ 9.00 Cr
as on 17-07-2024
- Paid Up Capital ₹ 7.00 Cr
as on 17-07-2024
- Company Age 28 Year, 7 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 22.19 Cr
as on 17-07-2024
- Satisfied Charges ₹ 3.34 Cr
as on 17-07-2024
- Revenue -15.34%
(FY 2023)
- Profit 3.50%
(FY 2023)
- Ebitda -112.07%
(FY 2023)
- Net Worth 15.33%
(FY 2023)
- Total Assets -4.38%
(FY 2023)
About Quality Knit Wears
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 9.00 Cr and a paid-up capital of Rs 7.00 Cr.
The company currently has active open charges totaling ₹22.19 Cr. The company has closed loans amounting to ₹3.34 Cr, as per Ministry of Corporate Affairs (MCA) records.
Sridhar Rengachary, Kumaran Balagangadharan, Muralidharan Rengacchary, and Three other members serve as directors at the Company.
- CIN/LLPIN
U18101TN1996PTC035335
- Company No.
035335
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
25 Apr 1996
- Date of AGM
27 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Company Details
- Location
Madurai, Tamil Nadu, India
- Telephone
- Email Address
- Website
- Social Media
What products or services does Quality Knit Wears Private Limited offer?
Quality Knit Wears Private Limited offers a wide range of products and services, including Fiber Glass Products, FRP Products.
Who are the key members and board of directors at Quality Knit Wears?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sridhar Rengachary  | Managing Director | 22-Aug-1997 | Current |
| Kumaran Balagangadharan | Managing Director | 25-Apr-1996 | Current |
Board Members(4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Muralidharan Rengacchary | Director | 10-Nov-1999 | Current |
| Saravanan Balagangadharan | Director | 10-Nov-1999 | Current |
| Amrutesh Kumaran | Director | 17-Feb-2016 | Current |
| Nagaharshan Ganesan | Director | 30-Sep-2019 | Current |
Financial Performance and Corporate Structure Insights of Quality Knit Wears.
Quality Knit Wears Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 15.34% decrease. The company also saw a slight improvement in profitability, with a 3.5% increase in profit. The company's net worth Soared by an impressive increase of 15.33%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Quality Knit Wears?
In 2023, Quality Knit Wears had a promoter holding of 22.78% and a public holding of 77.22%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Madurai Integrated Textile Park Private LimitedActive 19 years 1 monthKumaran Balagangadharan is a mutual person
Intalia Knit Wear Private LimitedActive 16 years 11 monthsKumaran Balagangadharan and Muralidharan Rengacchary are mutual person
- Quality Textiles Park Private LimitedActive 1 year 3 months
Kumaran Balagangadharan is a mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 04 Sep 2020 | ₹1.50 M | Open |
Others Creation Date: 12 Dec 2019 | ₹1.29 Cr | Open |
Others Creation Date: 09 Oct 2003 | ₹20.75 Cr | Open |
How Many Employees Work at Quality Knit Wears?
Quality Knit Wears has a workforce of 568 employees as of Apr 04, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Quality Knit Wears, 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 Quality Knit Wears's trajectory.
Rating
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
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.
