Salem Kandaa Textile Mills Private Limited

Textile company specializing in cotton yarn production and organic fabric manufacturing with 100 MT monthly capacity.

1993 | Salem, Tamil Nadu (India) | Active
Last Updated:

Salem Kandaa Textile Mills Profile

Key Indicators

  • Authorised Capital ₹ 1.99 Cr
  • Paid Up Capital ₹ 1.27 Cr
  • Company Age 31 Year, 10 Months
  • Last Filing with ROC 31 Mar 2018
  • Open Charges ₹ 13.14 Cr
  • Satisfied Charges ₹ 8.76 Cr
  • Revenue Growth -23.66%
  • Profit Growth 184.72%
  • Ebitda -4.35%
  • Net Worth 2.88%
  • Total Assets -0.06%

About Salem Kandaa Textile Mills

Salem Kandaa Textile Mills Private Limited (SKTMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 26 April 1993 and has a history of 31 years and ten months. Its registered office is in Salem, 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 2018. It's a company limited by shares with an authorized capital of Rs 1.99 Cr and a paid-up capital of Rs 1.27 Cr.

The company currently has active open charges totaling ₹13.14 Cr. The company has closed loans amounting to ₹8.76 Cr, as per Ministry of Corporate Affairs (MCA) records.

Palaniappa Chettiar, Natesan Saravanan, and Rathinam Sivagami serve as directors at the Company.

Company Details

  • Location

    Salem, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    sellamgroup.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17111TZ1993PTC004364

  • Company No.

    004364

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    26 Apr 1993

  • Date of AGM

    29 Sep 2018

  • Date of Balance Sheet

    31 Mar 2018

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Manufacturing

What products or services does Salem Kandaa Textile Mills Private Limited offer?

Salem Kandaa Textile Mills Private Limited offers a wide range of products and services, including Industrial Fabrics and Textiles, Non Woven Fabric, Cotton Yarn, Grey Cotton Yarn, Cotton, Bleached Cotton, Face Mask, 3 Ply Face Mask, Natural Fiber Yarns, Organic Cotton Yarn.

Who are the key members and board of directors at Salem Kandaa Textile Mills?

Executive Team (1)

NameDesignationAppointment DateStatus
Natesan Saravanan Country flag representing In Managing Director26-Apr-1993Current

Board Members (2)

NameDesignationAppointment DateStatus
Palaniappa Chettiar Country flag representing In Director 26-Apr-1993Current
Rathinam Sivagami Country flag representing In Director 26-Apr-1993Current

Financial Performance of Salem Kandaa Textile Mills.

Salem Kandaa Textile Mills Private Limited, for the financial year ended 2018, experienced significant reduction in revenue, with a 23.66% decrease. The company also saw a substantial improvement in profitability, with a 184.72% increase in profit. The company's net worth moved up by a moderate rise of 2.88%.

Salem Kandaa Textile Mills revenue growth over time
Salem Kandaa Textile Mills 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
-23.66%
Revenue from Operations
-23.69%
Total Assets
-0.06%
Profit or Loss
184.72%
Net Worth
2.88%
EBITDA
-4.35%

What is the Ownership and Shareholding Structure of Salem Kandaa Textile Mills?

In 2018, Salem Kandaa Textile Mills had a promoter holding of 92.83% and a public holding of 7.17%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹13.14 Cr

Satisfied Charges

₹8.76 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 6.45 Cr
  • Others : 2.61 Cr
  • Tamilnadu Industrial Investment Corporation Limited : 1.99 Cr
  • The Tamilnadu Industrial Investment Corporation Limited : 0.99 Cr
  • Reliance Capital Limited : 0.60 Cr
  • Others : 0.50 Cr

Latest Charge Details

DateLenderAmountStatus
16 Mar 2018Others₹5.00 MOpen
27 Mar 2017Others₹5.00 MOpen
27 Jul 2016Others₹7.10 MOpen
06 Jul 2016Others₹2.00 MOpen
16 Jun 2016Others₹7.00 MOpen

How Many Employees Work at Salem Kandaa Textile Mills?

Salem Kandaa Textile Mills has a workforce of 83 employees as of Mar 27, 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.

Employee growth trends for Salem Kandaa Textile Mills Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Salem Kandaa Textile Mills, 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 Salem Kandaa Textile Mills'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 Salem Kandaa Textile Mills

Recent activity within the organization

  • Annual General Meeting

    Salem Kandaa Textile Mills Private Limited last Annual general meeting of members was held on 29 Sep 2018 as per latest MCA records.

  • Balance Sheet

    Salem Kandaa Textile Mills Private Limited has filed its annual Financial statements for the year ended 31 Mar 2018 with Roc Coimbatore.

  • Charges

    A charge with Others amounted to Rs. 0.50 Cr with Charge ID 100161086 was registered on 16 Mar 2018.

  • Charges

    A charge with Axis Bank Limited of Rs. 6.45 Cr registered on 21 Mar 2014 with Charge ID 10486242 was modified on 03 Nov 2017.

  • Charges

    A charge with Others amounted to Rs. 0.50 Cr with Charge ID 100086394 was registered on 27 Mar 2017.

  • Charges

    A charge with Others amounted to Rs. 0.71 Cr with Charge ID 100040881 was registered on 27 Jul 2016.

Frequently asked questions

  • What is the Incorporation or founding date of Salem Kandaa Textile Mills Private Limited?

    Salem Kandaa Textile Mills Private Limited was incorporated on 26 Apr 1993.

  • What is authorized share capital and paid-up capital of Salem Kandaa Textile Mills Private Limited?

    The authorized share capital of Salem Kandaa Textile Mills Private Limited is ₹ 1.99 Cr and paid-up capital is ₹ 1.27 Cr.

  • Who are the current board members & directors of Salem Kandaa Textile Mills Private Limited?

    Currently 3 directors are associated with Salem Kandaa Textile Mills Private Limited.

    • Palaniappa Rathinam Chettiar
    • Natesan Saravanan
    • Rathinam Sivagami

  • What is the registered address of Salem Kandaa Textile Mills Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Salem Kandaa Textile Mills Private Limited is 50New Trichy Branch Road Gugai India, Salem, Tamil Nadu, 636006.

  • What is the corporate identification number (CIN) and company number of Salem Kandaa Textile Mills Private Limited?

    The corporate identification number (CIN) of Salem Kandaa Textile Mills Private Limited is U17111TZ1993PTC004364 and the company number is 004364 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Salem Kandaa Textile Mills Private Limited?

    The Official website of Salem Kandaa Textile Mills Private Limited is https://www.sellamgroup.com

  • What has been the recent revenue trend for Salem Kandaa Textile Mills Private Limited?

    According to the financial reports for the fiscal year 2018, the revenue trend for Salem Kandaa Textile Mills Private Limited has fallen by -23.66%.

  • How many employees does Salem Kandaa Textile Mills Private Limited currently have?

    As Per 2018 financial reports, 83 employees are currently employed by Salem Kandaa Textile Mills Private Limited.

  • What change has been observed in the net worth of Salem Kandaa Textile Mills Private Limited, and by what percentage?

    The financial reports for the fiscal year 2018 indicates that The net worth of Salem Kandaa Textile Mills Private Limited has experienced an upsurge of 2.88%.

  • What are the total open charges for Salem Kandaa Textile Mills Private Limited?

    As per the financial statements for fiscal Year 2018, The total open charges for Salem Kandaa Textile Mills Private Limited amount to ₹ 13.14 Cr.

  • When was the last Balance Sheet of Salem Kandaa Textile Mills Private Limited filed with the ROC?

    The most recent Balance Sheet for Salem Kandaa Textile Mills Private Limited was filed with the ROC on 31 Mar 2018.

People also Viewed

Similar Companies Based on Textile & Fabric Production