Saravana Poly Threads Private Limited

Saravana Poly Threads Private Limited

Produces cotton thread and generates electricity from non-conventional sources.
2001 | Erode, Tamil Nadu (India) | Active

Last Updated:

October 24, 2024
HomeCompanySaravana Poly Threads Private Limited

Who are the key members and board of directors at Saravana Poly Threads?

Board Members(7)

NameDesignationAppointment DateStatus
Kasipalayam Natarajan In Whole-Time Director 03-Sep-2014Current
Masiappan Thiruvenkatasubramaniam In Whole-Time Director 30-Aug-2003Current
Muthuvelappan Kandasamy In Whole-Time Director 30-Aug-2003Current
Kasipalayam Viswanathan In Whole-Time Director 03-Jan-2001Current
Ramasamy Karthikeyan In Whole-Time Director 30-Aug-2003Current
Kugalur Gowrishankar In Director 30-Aug-2003Current

Financial Performance of Saravana Poly Threads.

Saravana Poly Threads Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 11.23% increase. The company also saw a substantial fall in profitability, with a 41.84% decrease in profit. The company's net worth moved up by a moderate rise of 9.97%.

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  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
11.23%
Revenue from Operations
10.84%
Total Assets
-7.29%
Profit or Loss
-41.84%
Net Worth
9.97%
EBITDA
-15.42%

Charges (Loans)

Open Charges Satisfied Charges

₹11.15 Cr

₹9.61 Cr

LenderAmountStatus

Axis Bank Limited

Creation Date: 15 Mar 2010
₹11.15 CrOpen

Axis Bank Limited

Creation Date: 22 Feb 2022
₹4.00 CrSatisfied

The South Indian Bank Limited

Creation Date: 17 Sep 2001
₹5.61 CrSatisfied

How Many Employees Work at Saravana Poly Threads?

Saravana Poly Threads has a workforce of 149 employees as of Apr 01, 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.

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Latest Updates, News, and FAQs on Saravana Poly Threads

Recent activity within the organization

  • Charges

    A charge with Axis Bank Limited of Rs. 11.15 Cr registered on 15 Mar 2010 with Charge ID 10210000 was modified on 26 Feb 2024.

    26 Feb 2024

  • Annual General Meeting

    Saravana Poly Threads Private Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

    29 Sep 2023

  • Balance Sheet

    Saravana Poly Threads Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Coimbatore.

    31 Mar 2023

  • Charges

    A charge registered on 22 Feb 2022 via Charge ID 100547840 with Axis Bank Limited was fully satisfied on 05 Sep 2022.

    05 Sep 2022

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 4.00 Cr with Charge ID 100547840 was registered on 22 Feb 2022.

    22 Feb 2022

  • Director Appointment

    Kasipalayam Thiruvenkatasubramniam Natarajan was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 03 Sep 2014 & has been associated with this company since 10 years 3 months .

    03 Sep 2014

Frequently asked questions

  • Saravana Poly Threads Private Limited was incorporated on 03 Jan 2001.

  • The authorized share capital of Saravana Poly Threads Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 2.00 Cr.

  • Currently 7 directors are associated with Saravana Poly Threads Private Limited.

    • Masiappan Thiruvenkatasubramaniam
    • Muthuvelappan Kandasamy
    • Kasipalayam Subramaniam Viswanathan
    • Ramasamy Karthikeyan
    • Kugalur Subramaniagounder Gowrishankar
    • Kasipalayam Thiruvenkatasubramniam Natarajan
    • Muthuvel Srividhya
  • As per Ministry of Corporate Affairs (Mca), the registered address of Saravana Poly Threads Private Limited is Sf No 74 /2 Thadappallivillage Singiripalayam Privu Akkaraikodivery Post Gobi Taluk Erode Dist India, Gobi Taluk Erode Dist, Tamil Nadu, 638454.

  • The corporate identification number (CIN) of Saravana Poly Threads Private Limited is U17299TZ2001PTC009603 and the company number is 009603 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Saravana Poly Threads Private Limited is https://www.saravanapolythreads.net

  • According to the financial reports for the fiscal year 2023, the revenue trend for Saravana Poly Threads Private Limited has risen by 11.23%.

  • As Per 2023 financial reports, 149 employees are currently employed by Saravana Poly Threads Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Saravana Poly Threads Private Limited has experienced an upsurge of 9.97%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Saravana Poly Threads Private Limited amount to ₹ 11.15 Cr.

  • The most recent Balance Sheet for Saravana Poly Threads Private Limited was filed with the ROC on 31 Mar 2023.

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