Sakthi Spin Tex Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
- Paid Up Capital ₹ 5.00 Cr
- Company Age 22 Year, 4 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 26.45 Cr
- Satisfied Charges ₹ 61.35 Cr
- Revenue Growth -20.92%
- Profit Growth -88.10%
- Ebitda -50.33%
- Net Worth 5.72%
- Total Assets -8.95%
About Sakthi Spin Tex
Sakthi Spin Tex Private Limited (SSTPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 07 October 2002 and has a history of 22 years and four 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 2023. It's a company limited by shares with an authorized capital of Rs 5.00 Cr and a paid-up capital of Rs 5.00 Cr.
The company currently has active open charges totaling ₹26.45 Cr. The company has closed loans amounting to ₹61.35 Cr, as per Ministry of Corporate Affairs (MCA) records.
Balakrishnasamy Anandakumar, Ellappa Naicker, Vijaya Anandakumar, 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
U17111TN2002PTC087412
- Company No.
087412
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
07 Oct 2002
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Who are the key members and board of directors at Sakthi Spin Tex?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Balakrishnasamy Anandakumar  | Managing Director | 31-Aug-2017 | Current |
| Ellappa Naicker | Managing Director | 31-Aug-2017 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Vijaya Anandakumar | Director | 28-Sep-2017 | Current |
| Kasthuri Dhamodaran | Director | 28-Sep-2017 | Current |
Financial Performance of Sakthi Spin Tex.
Sakthi Spin Tex Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 20.92% decrease. The company also saw a substantial fall in profitability, with a 88.1% decrease in profit. The company's net worth moved up by a moderate rise of 5.72%.
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What is the Ownership and Shareholding Structure of Sakthi Spin Tex?
In 2023, Sakthi Spin Tex had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Charges (Loans)
₹26.45 Cr
₹61.35 Cr
Charges Breakdown by Lending Institutions
- Others : 26.45 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 07 Feb 2018 | Others | ₹26.45 Cr | Open |
| 20 Mar 2020 | Others | ₹2.90 Cr | Satisfied |
| 03 Aug 2007 | State Bank Of India | ₹58.45 Cr | Satisfied |
How Many Employees Work at Sakthi Spin Tex?
Sakthi Spin Tex has a workforce of 106 employees as of Apr 07, 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 Sakthi Spin Tex, 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 Sakthi Spin Tex'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.
