Salem Looms Clusters Consortium Private Limited

Manufactures manmade fabrics and offers comprehensive services for textile industries in Salem and neighboring districts.

2011 | Salem, Tamil Nadu (India) | Active
Last Updated: January 10, 2025

Salem Looms Clusters Consortium Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 2.91 Cr
  • Company Age 13 Year, 8 Months
  • Last Filing with ROC 31 Mar 2021
  • Open Charges ₹ 4.09 Cr
  • Revenue Growth %
  • Profit Growth -35.80%
  • Ebitda 36.70%
  • Net Worth -0.28%
  • Total Assets 5.08%

About Salem Looms Clusters Consortium

Salem Looms Clusters Consortium Private Limited (SLCCPL) is a Private Limited Indian Non-Government Company incorporated in India on 30 May 2011 and has a history of 13 years and eight 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 2021. It's a company limited by shares with an authorized capital of Rs 5.00 Cr and a paid-up capital of Rs 2.91 Cr.

The company currently has active open charges totaling ₹4.09 Cr.

Palanisamy, Dhanasekar Saravanan, Surendran, and One other member serve as directors at the Company.

Company Details

  • Location

    Salem, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17309TZ2011PTC017120

  • Company No.

    017120

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    30 May 2011

  • Date of AGM

    19 Aug 2021

  • Date of Balance Sheet

    31 Mar 2021

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Manufacturing

Who are the key members and board of directors at Salem Looms Clusters Consortium?

Board Members (4)

NameDesignationAppointment DateStatus
Palanisamy Country flag representing In Director 30-May-2011Current
Dhanasekar Saravanan Country flag representing In Director 30-May-2011Current
Surendran Country flag representing In Director 10-Jun-2015Current
Arumugam Ramesh Country flag representing In Director 11-Jun-2019Current

Financial Performance of Salem Looms Clusters Consortium.

Salem Looms Clusters Consortium Private Limited, for the financial year ended 2021, experienced no change in revenue, with a 0% increase. The company also saw a substantial fall in profitability, with a 35.8% decrease in profit. The company's net worth dipped by a decrease of 0.28%.

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
Revenue from Operations
Total Assets
5.08%
Profit or Loss
-35.80%
Net Worth
-0.28%
EBITDA
36.70%

What is the Ownership and Shareholding Structure of Salem Looms Clusters Consortium?

In 2018, Salem Looms Clusters Consortium had a promoter holding of 10.42% and a public holding of 89.58%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹4.09 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • City Union Bank Limited : 4.09 Cr

Latest Charge Details

DateLenderAmountStatus
28 May 2020City Union Bank Limited₹4.40 MOpen
31 Aug 2018City Union Bank Limited₹1.25 CrOpen
30 Dec 2015City Union Bank Limited₹2.40 CrOpen

How Many Employees Work at Salem Looms Clusters Consortium?

Unlock and access historical data on people associated with Salem Looms Clusters Consortium, 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 Salem Looms Clusters Consortium, 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 Looms Clusters Consortium'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 Looms Clusters Consortium

Recent activity within the organization

  • Annual General Meeting

    Salem Looms Clusters Consortium Private Limited last Annual general meeting of members was held on 19 Aug 2021 as per latest MCA records.

    19 Aug 2021

  • Balance Sheet

    Salem Looms Clusters Consortium Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Coimbatore.

    31 Mar 2021

  • Charges

    A charge with City Union Bank Limited amounted to Rs. 0.44 Cr with Charge ID 100342238 was registered on 28 May 2020.

    28 May 2020

  • Director Appointment

    Arumugam Ramesh was appointed as a Director was appointed as a Director on 11 Jun 2019 & has been associated with this company since 5 years 8 months .

    11 Jun 2019

  • Charges

    A charge with City Union Bank Limited amounted to Rs. 1.25 Cr with Charge ID 100212255 was registered on 31 Aug 2018.

    31 Aug 2018

  • Charges

    A charge with City Union Bank Limited amounted to Rs. 2.40 Cr with Charge ID 10615085 was registered on 30 Dec 2015.

    30 Dec 2015

Frequently asked questions

  • Salem Looms Clusters Consortium Private Limited was incorporated on 30 May 2011.

  • The authorized share capital of Salem Looms Clusters Consortium Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 2.91 Cr.

  • Currently 4 directors are associated with Salem Looms Clusters Consortium Private Limited.

    • Palanisamy
    • Dhanasekar Saraswathi Saravanan
    • Surendran
    • Arumugam Ramesh
  • As per Ministry of Corporate Affairs (Mca), the registered address of Salem Looms Clusters Consortium Private Limited is 6/11 East Street No.1 Karungalpatty, Gugai India, Salem, Tamil Nadu, 636006.

  • The corporate identification number (CIN) of Salem Looms Clusters Consortium Private Limited is U17309TZ2011PTC017120 and the company number is 017120 as per Ministry of Corporate Affairs (MCA).

  • The financial reports for the fiscal year 2021 indicates that The net worth of Salem Looms Clusters Consortium Private Limited has experienced an downturn of -0.28%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Salem Looms Clusters Consortium Private Limited amount to ₹ 4.09 Cr.

  • The most recent Balance Sheet for Salem Looms Clusters Consortium Private Limited was filed with the ROC on 31 Mar 2021.

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