Salem Kandaa Textile Mills Profile
Key Indicators
- Authorised Capital ₹ 1.99 Cr
as on 18-07-2024
- Paid Up Capital ₹ 1.27 Cr
as on 18-07-2024
- Company Age 31 Year, 7 Months
- Last Filing with ROC 31 Mar 2018
- Open Charges ₹ 13.14 Cr
as on 18-07-2024
- Satisfied Charges ₹ 8.76 Cr
as on 18-07-2024
- Revenue -23.66%
(FY 2018)
- Profit 184.72%
(FY 2018)
- Ebitda -4.35%
(FY 2018)
- Net Worth 2.88%
(FY 2018)
- Total Assets -0.06%
(FY 2018)
About Salem Kandaa Textile Mills
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.
- 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
Company Details
- Location
Salem, Tamil Nadu, India
- Telephone
- Email Address
- Website
- Social Media-
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)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Natesan Saravanan  | Managing Director | 26-Apr-1993 | Current |
Board Members(2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Palaniappa Chettiar | Director | 26-Apr-1993 | Current |
| Rathinam Sivagami | Director | 26-Apr-1993 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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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.
Related Corporates (Common Directorship)
Sri Sellam Textile Private LimitedActive 34 years 6 monthsPalaniappa Chettiar and Rathinam Sivagami are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 16 Mar 2018 | ₹5.00 M | Open |
Others Creation Date: 27 Mar 2017 | ₹5.00 M | Open |
Others Creation Date: 27 Jul 2016 | ₹7.10 M | Open |
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.
Deals i
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
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.
