Quality Knit Wears Profile
Key Indicators
- Authorised Capital ₹ 9.00 Cr
- Paid Up Capital ₹ 7.00 Cr
- Company Age 29 Year, 17 Days
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 44.79 Cr
- Satisfied Charges ₹ 4.63 Cr
- Revenue Growth -15.34%
- Profit Growth 3.50%
- Ebitda -112.07%
- Net Worth 15.33%
- Total Assets -4.38%
About Quality Knit Wears
Quality Knit Wears Private Limited (QKWPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 25 April 1996 and has a history of 29 years. Its registered office is in Madurai, 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 9.00 Cr and a paid-up capital of Rs 7.00 Cr.
The company currently has active open charges totaling ₹44.79 Cr. The company has closed loans amounting to ₹4.63 Cr, as per Ministry of Corporate Affairs (MCA) records.
Sridhar Rengachary, Amrutesh Kumaran, Nagaharshan Ganesan, and Three other members serve as directors at the Company.
Company Details
- Location
Madurai, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U18101TN1996PTC035335
- Company No.
035335
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
25 Apr 1996
- Date of AGM
27 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Manufacturing
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.
Quality Knit Wears Private Limited
Explore comprehensive data for Quality Knit Wears Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
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 |
|---|---|---|---|
| Amrutesh Kumaran | Director | 17-Feb-2016 | Current |
| Nagaharshan Ganesan | Director | 30-Sep-2019 | Current |
| Saravanan Balagangadharan | Director | 10-Nov-1999 | Current |
| Muralidharan Rengacchary | Director | 10-Nov-1999 | Current |
Financial Performance 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 LimitedKumaran Balagangadharan is a mutual person
Intalia Knit Wear Private LimitedMuralidharan Rengacchary and Kumaran Balagangadharan are mutual person
- Quality Textiles Park Private Limited
Kumaran Balagangadharan is a mutual person
Charges (Loans)
Open Charges
₹44.79 Cr
Satisfied Charges
₹4.63 Cr
Charges Breakdown by Lending Institutions
- Others : 44.79 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 18 Dec 2024 | Others | ₹4.50 M | Open |
| 12 Sep 2024 | Others | ₹2.00 Cr | Open |
| 04 Sep 2020 | Others | ₹1.50 M | Open |
| 09 Oct 2003 | Others | ₹42.19 Cr | Open |
| 11 Mar 2021 | Others | ₹0.48 M | Satisfied |
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.
Latest Updates, News, and FAQs on Quality Knit Wears
Recent activity within the organization
- Charges
A charge registered on 12 Dec 2019 via Charge ID 100312442 with Others was fully satisfied on 14 Feb 2025.
- Charges
A charge with Others amounted to Rs. 0.45 Cr with Charge ID 101029611 was registered on 18 Dec 2024.
- Annual General Meeting
Quality Knit Wears Private Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.
- Charges
A charge with Others amounted to Rs. 2.00 Cr with Charge ID 100979017 was registered on 12 Sep 2024.
- Charges
A charge with Others of Rs. 42.19 Cr registered on 09 Oct 2003 with Charge ID 90285620 was modified on 02 Sep 2024.
- Balance Sheet
Quality Knit Wears Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
Frequently asked questions
What is the Incorporation or founding date of Quality Knit Wears Private Limited?
Quality Knit Wears Private Limited was incorporated on 25 Apr 1996.
What is authorized share capital and paid-up capital of Quality Knit Wears Private Limited?
The authorized share capital of Quality Knit Wears Private Limited is ₹ 9.00 Cr and paid-up capital is ₹ 7.00 Cr.
Who are the current board members & directors of Quality Knit Wears Private Limited?
Currently 6 directors are associated with Quality Knit Wears Private Limited.
- Sridhar Kethuva Rengachary
- Amrutesh Jaghuva Kumaran
- Nagaharshan Kumaresh Babu Nattamai Malli Ganesan
- Saravanan Jaguva Balagangadharan
- Muralidharan Kituva Rengacchary
- Kumaran Jaghuva Balagangadharan
What is the registered address of Quality Knit Wears Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Quality Knit Wears Private Limited is Plot No. 1A Bharathi Street Managiri, K Nagar India, Madurai North, Tamil Nadu, 625020.
What is the corporate identification number (CIN) and company number of Quality Knit Wears Private Limited?
The corporate identification number (CIN) of Quality Knit Wears Private Limited is U18101TN1996PTC035335 and the company number is 035335 as per Ministry of Corporate Affairs (MCA).
What is the official website of Quality Knit Wears Private Limited?
The Official website of Quality Knit Wears Private Limited is https://www.qualityknitwears.com
What has been the recent revenue trend for Quality Knit Wears Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Quality Knit Wears Private Limited has fallen by -15.34%.
How many employees does Quality Knit Wears Private Limited currently have?
As Per 2023 financial reports, 568 employees are currently employed by Quality Knit Wears Private Limited.
What change has been observed in the net worth of Quality Knit Wears Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Quality Knit Wears Private Limited has experienced an upsurge of 15.33%.
What are the total open charges for Quality Knit Wears Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Quality Knit Wears Private Limited amount to ₹ 44.79 Cr.
When was the last Balance Sheet of Quality Knit Wears Private Limited filed with the ROC?
The most recent Balance Sheet for Quality Knit Wears Private Limited was filed with the ROC on 31 Mar 2024.
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