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

Saravana Poly Threads Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 2.00 Cr
  • Company Age 24 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 11.15 Cr
  • Satisfied Charges ₹ 9.61 Cr
  • Revenue Growth 11.23%
  • Profit Growth -41.84%
  • Ebitda -15.42%
  • Net Worth 9.97%
  • Total Assets -7.29%

About Saravana Poly Threads

Saravana Poly Threads Private Limited (SPTPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 03 January 2001 and has a history of 24 years and one month. Its registered office is in Erode, 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 2023. It's a company limited by shares with an authorized capital of Rs 2.00 Cr and a paid-up capital of Rs 2.00 Cr.

The company currently has active open charges totaling ₹11.15 Cr. The company has closed loans amounting to ₹9.61 Cr, as per Ministry of Corporate Affairs (MCA) records.

Masiappan Thiruvenkatasubramaniam, Muthuvelappan Kandasamy, Kasipalayam Viswanathan, and Four other members serve as directors at the Company.

Company Details

  • Location

    Erode, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17299TZ2001PTC009603

  • Company No.

    009603

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    03 Jan 2001

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Manufacturing

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

Board Members (7)

Name Designation Appointment Date Status
Kasipalayam Natarajan Country flag representing In Whole-Time Director 03-Sep-2014 Current
Masiappan Thiruvenkatasubramaniam Country flag representing In Whole-Time Director 30-Aug-2003 Current
Muthuvelappan Kandasamy Country flag representing In Whole-Time Director 30-Aug-2003 Current
Kasipalayam Viswanathan Country flag representing In Whole-Time Director 03-Jan-2001 Current
Ramasamy Karthikeyan Country flag representing In Whole-Time Director 30-Aug-2003 Current
Kugalur Gowrishankar Country flag representing In Director 30-Aug-2003 Current

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%.

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
11.23%
Revenue from Operations
10.84%
Total Assets
-7.29%
Profit or Loss
-41.84%
Net Worth
9.97%
EBITDA
-15.42%

What is the Ownership and Shareholding Structure of Saravana Poly Threads?

In 2023, Saravana Poly Threads had a promoter holding of 50.27% and a public holding of 49.73%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹11.15 Cr

Satisfied Charges

₹9.61 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 11.15 Cr

Latest Charge Details

Date Lender Amount Status
15 Mar 2010 Axis Bank Limited ₹11.15 Cr Open
22 Feb 2022 Axis Bank Limited ₹4.00 Cr Satisfied
17 Sep 2001 The South Indian Bank Limited ₹5.61 Cr Satisfied

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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Saravana Poly Threads, 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 Saravana Poly Threads'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 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 5 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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