Sakthi Spin Tex Private Limited
Manufactures cotton yarn and other fabrics from raw materials, incorporated in 2002.
2002 | Virudhunagar, Tamil Nadu (India) | Active
Sakthi Spin Tex Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
- Paid Up Capital ₹ 5.00 Cr
- Company Age 22 Year, 6 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 six 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
Manufacturing
Sakthi Spin Tex Private Limited
Explore comprehensive data for Sakthi Spin Tex Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
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)
Open Charges
₹26.45 Cr
Satisfied Charges
₹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.
Latest Updates, News, and FAQs on Sakthi Spin Tex
Recent activity within the organization
- Charges
A charge registered on 20 Mar 2020 via Charge ID 100334147 with Others was fully satisfied on 04 Jul 2024.
- Annual General Meeting
Sakthi Spin Tex Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Balance Sheet
Sakthi Spin Tex Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.
- Charges
A charge with Others of Rs. 26.45 Cr registered on 07 Feb 2018 with Charge ID 100158764 was modified on 12 Aug 2022.
- Charges
A charge with Others amounted to Rs. 2.90 Cr with Charge ID 100334147 was registered on 20 Mar 2020.
- Charges
A charge with Others amounted to Rs. 26.45 Cr with Charge ID 100158764 was registered on 07 Feb 2018.
Frequently asked questions
What is the Incorporation or founding date of Sakthi Spin Tex Private Limited?
Sakthi Spin Tex Private Limited was incorporated on 07 Oct 2002.
What is authorized share capital and paid-up capital of Sakthi Spin Tex Private Limited?
The authorized share capital of Sakthi Spin Tex Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 5.00 Cr.
Who are the current board members & directors of Sakthi Spin Tex Private Limited?
Currently 4 directors are associated with Sakthi Spin Tex Private Limited.
- Balakrishnasamy Anandakumar
- Ellappa Dhamodaran Naicker
- Vijaya Anandakumar
- Kasthuri Dhamodaran
What is the registered address of Sakthi Spin Tex Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Sakthi Spin Tex Private Limited is S.F.No.120, Madurai Road Poovani India, Srivilliputhur Taluk, Tamil Nadu, 626125.
What is the corporate identification number (CIN) and company number of Sakthi Spin Tex Private Limited?
The corporate identification number (CIN) of Sakthi Spin Tex Private Limited is U17111TN2002PTC087412 and the company number is 087412 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Sakthi Spin Tex Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Sakthi Spin Tex Private Limited has fallen by -20.92%.
How many employees does Sakthi Spin Tex Private Limited currently have?
As Per 2023 financial reports, 106 employees are currently employed by Sakthi Spin Tex Private Limited.
What change has been observed in the net worth of Sakthi Spin Tex Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Sakthi Spin Tex Private Limited has experienced an upsurge of 5.72%.
What are the total open charges for Sakthi Spin Tex Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Sakthi Spin Tex Private Limited amount to ₹ 26.45 Cr.
When was the last Balance Sheet of Sakthi Spin Tex Private Limited filed with the ROC?
The most recent Balance Sheet for Sakthi Spin Tex Private Limited was filed with the ROC on 31 Mar 2023.
Unlock Business Insights – Explore Instantly!
Search company & director profiles for free and gain access to critical business data.
- 3.1M+ Companies
- 15M+ Legal Cases
- 525K+ Credit Ratings
- 5.8M+ Directors & KMP
- 750K+ Regulatory Alerts
- 1.1M+ Companies' Financial Records
People also Viewed
Sridhar RajagopalManaging DirectorPV
Pandarinathan VijayakumarDirectorPS
Pandari SubbaramanDirectorPS
Pandarinathan SundararajanDirectorSN
Subbaraman NithyaDirectorVR
Vijayakumar RamyaDirectorRK
Rajasekar KosaladeviDirectorAV
Ayyasamy VimalrajDirector
Similar Companies Based on Textile & Fabric Production
Wellknown Polyesters Limited Daman, Daman & Diu, India
Trident Limited Barnala, Punjab, India
Shahi Exports Private Limited Delhi, India
Gujarat Ambuja Exports Limited Ahmedabad, Gujarat, India
Bhilosa Industries Private Limited Dadra & Nagar Haveli, Dadra & Nagar Haveli, India
Arvind Limited Ahmedabad, Gujarat, India
K.P.R. Mill Limited Coimbatore, Tamil Nadu, India
Srf Limited Delhi, India