Salem Textiles Profile
Key Indicators
- Authorised Capital ₹ 15.00 Cr
as on 03-12-2024
- Paid Up Capital ₹ 6.60 Cr
as on 03-12-2024
- Company Age 60 Year, 4 Months
- Last Filing with ROC 31 Mar 2018
- Open Charges ₹ 2.61 Cr
as on 03-12-2024
- Revenue %
(FY 2018)
- Profit 77.66%
(FY 2018)
- Ebitda 83.04%
(FY 2018)
- Net Worth -0.02%
(FY 2018)
- Total Assets -0.01%
(FY 2018)
About Salem Textiles
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 15.00 Cr and a paid-up capital of Rs 6.60 Cr.
The company currently has active open charges totaling ₹2.61 Cr.
Ramasamy Prabakaran, Ramasamy Rajaram, Velayutha Subramani, and Two other members serve as directors at the Company.
- CIN/LLPIN
U17111TZ1964PLC000534
- Company No.
000534
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
29 Jul 1964
- Date of AGM
30 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
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- Social Media-
Who are the key members and board of directors at Salem Textiles?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ramasamy Prabakaran  | Managing Director | 26-Feb-1977 | Current |
Board Members(4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Ramasamy Rajaram | Additional Director | 14-Mar-2023 | Current |
| Velayutha Subramani | Director | 04-Sep-2002 | Current |
| Ramabathiran Manoharan | Director | 14-Feb-2015 | Current |
| Suresh Kumar | Additional Director | 14-Mar-2023 | Current |
Financial Performance and Corporate Structure Insights of Salem Textiles.
Salem Textiles Limited, for the financial year ended 2018, experienced no change in revenue, with a 0% increase. The company also saw a substantial improvement in profitability, with a 77.66% increase in profit. The company's net worth dipped by a decrease of 0.02%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Salem Textiles?
In 2018, Salem Textiles had a promoter holding of 60.81% and a public holding of 39.19%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Industrial Development Bank Of India Creation Date: 01 Mar 1991 | ₹5.20 M | Open |
Industrial Devlopment Bank Of India Creation Date: 14 Feb 1991 | ₹2.09 Cr | Open |
How Many Employees Work at Salem Textiles?
Unlock and access historical data on people associated with Salem Textiles, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Salem Textiles, 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 Textiles'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.
