S.G.M. Textiles Private Limited

Textile company specializing in yarn and cotton trading.

1994 | Coimbatore, Tamil Nadu (India) | Active
Last Updated: November 16, 2024

S.G.M. Textiles Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 1.00 Cr
  • Company Age 30 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 2.00 Cr
  • Satisfied Charges ₹ 3.00 Cr
  • Revenue Growth 240.59%
  • Profit Growth 199.21%
  • Ebitda 65.69%
  • Net Worth 14.71%
  • Total Assets 142.43%

About S.G.M. Textiles

S.G.M. Textiles Private Limited (STPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 07 October 1994 and has a history of 30 years and three months. Its registered office is in Coimbatore, Tamil Nadu, India.

The Company is engaged in the Home & Lifestyle 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 1.00 Cr and a paid-up capital of Rs 1.00 Cr.

The company currently has active open charges totaling ₹2.00 Cr. The company has closed loans amounting to ₹3.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Giriraj Mittal, Sumit Mittal, Varun Mittal, and Three other members serve as directors at the Company.

Company Details

  • Location

    Coimbatore, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17111TZ1994PTC005415

  • Company No.

    005415

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    07 Oct 1994

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Home & Lifestyle

Who are the key members and board of directors at S.G.M. Textiles?

Executive Team (1)

Name Designation Appointment Date Status
Atit Mittal Country flag representing In Managing Director 22-Aug-2003 Current

Board Members (5)

Name Designation Appointment Date Status
Giriraj Mittal Country flag representing In Whole-Time Director 22-Aug-2003 Current
Sumit Mittal Country flag representing In Whole-Time Director 22-Aug-2002 Current
Varun Mittal Country flag representing In Whole-Time Director 24-Jul-2000 Current
Kailash Mittal Country flag representing In Director 22-Aug-2003 Current
Darsh Mittal Country flag representing In Director 13-Feb-2023 Current

Financial Performance of S.G.M. Textiles.

S.G.M. Textiles Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 240.59% increase. The company also saw a substantial improvement in profitability, with a 199.21% increase in profit. The company's net worth Soared by an impressive increase of 14.71%.

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
240.59%
Revenue from Operations
240.27%
Total Assets
142.43%
Profit or Loss
199.21%
Net Worth
14.71%
EBITDA
65.69%

What is the Ownership and Shareholding Structure of S.G.M. Textiles?

In 2023, S.G.M. Textiles had a promoter holding of 96.63% and a public holding of 3.37%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹2.00 Cr

Satisfied Charges

₹3.00 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 2.00 Cr

Latest Charge Details

Date Lender Amount Status
03 Sep 2024 Axis Bank Limited ₹2.00 Cr Open
24 Dec 2012 Icici Bank Limited ₹3.00 Cr Satisfied

How Many Employees Work at S.G.M. Textiles?

Unlock and access historical data on people associated with S.G.M. 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 S.G.M. 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 S.G.M. 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 S.G.M. Textiles

Recent activity within the organization

  • Charges

    A charge registered on 24 Dec 2012 via Charge ID 10398363 with Icici Bank Limited was fully satisfied on 03 Oct 2024.

    03 Oct 2024

  • Annual General Meeting

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

    30 Sep 2024

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 2.00 Cr with Charge ID 100980837 was registered on 03 Sep 2024.

    03 Sep 2024

  • Balance Sheet

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

    31 Mar 2024

  • Charges

    A charge with Icici Bank Limited of Rs. 3.00 Cr registered on 24 Dec 2012 with Charge ID 10398363 was modified on 24 Nov 2014.

    24 Nov 2014

  • Charges

    A charge with Icici Bank Limited amounted to Rs. 3.00 Cr with Charge ID 10398363 was registered on 24 Dec 2012.

    24 Dec 2012

Frequently asked questions

  • S.G.M. Textiles Private Limited was incorporated on 07 Oct 1994.

  • The authorized share capital of S.G.M. Textiles Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 1.00 Cr.

  • Currently 6 directors are associated with S.G.M. Textiles Private Limited.

    • Giriraj Kumar Mittal
    • Sumit Mittal
    • Varun Mittal
    • Kailash Mittal Chand Punit Mittal
    • Atit Mittal
    • Darsh Mittal
  • As per Ministry of Corporate Affairs (Mca), the registered address of S.G.M. Textiles Private Limited is No.107 110 Firstfloor Ablock Globusnakshatrachokkampudurroad, Ponnaiyarajpuram India, Coimbatore, Tamil Nadu, 641001.

  • The corporate identification number (CIN) of S.G.M. Textiles Private Limited is U17111TZ1994PTC005415 and the company number is 005415 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for S.G.M. Textiles Private Limited has risen by 240.59%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of S.G.M. Textiles Private Limited has experienced an upsurge of 14.71%.

  • As per the financial statements for fiscal Year 2023, The total open charges for S.G.M. Textiles Private Limited amount to ₹ 2.00 Cr.

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

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