Satcha Textile Private Limited

Manufactures and sells a variety of clothing and apparel for men and women.

2010 | Coimbatore, Tamil Nadu (India) | Active
Last Updated: October 23, 2024

Satcha Textile Profile

Key Indicators

  • Authorised Capital ₹ 2.00 M
  • Paid Up Capital ₹ 1.90 M
  • Company Age 14 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 11.60 Cr
  • Satisfied Charges ₹ 1.80 M
  • Revenue Growth 247.79%
  • Profit Growth 415.28%
  • Ebitda -961.42%
  • Net Worth 11.20%
  • Total Assets -7.41%

About Satcha Textile

Satcha Textile Private Limited (STPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 22 February 2010 and has a history of 14 years and 11 months. Its registered office is in Coimbatore, Tamil Nadu, India.

The Company is engaged in the Fashion And Textile 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 M and a paid-up capital of Rs 1.90 M.

The company currently has active open charges totaling ₹11.60 Cr. The company has closed loans amounting to ₹1.80 M, as per Ministry of Corporate Affairs (MCA) records.

Shanmugam Sathishkumar and Kurukkapalayam Ravichandran serve as directors at the Company.

Company Details

  • Location

    Coimbatore, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U17115TZ2010PTC015842

  • Company No.

    015842

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    22 Feb 2010

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Fashion and Textile

Who are the key members and board of directors at Satcha Textile?

Executive Team (1)

Name Designation Appointment Date Status
Kurukkapalayam Ravichandran Country flag representing In Managing Director 22-Feb-2010 Current

Board Members (1)

Name Designation Appointment Date Status
Shanmugam Sathishkumar Country flag representing In Whole-Time Director 22-Feb-2010 Current

Financial Performance of Satcha Textile.

Satcha Textile Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 247.79% increase. The company also saw a substantial improvement in profitability, with a 415.28% increase in profit. The company's net worth Soared by an impressive increase of 11.2%.

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
247.79%
Revenue from Operations
247.81%
Total Assets
-7.41%
Profit or Loss
415.28%
Net Worth
11.20%
EBITDA
-961.42%

What is the Ownership and Shareholding Structure of Satcha Textile?

In 2023, Satcha Textile had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹116.00 M

Satisfied Charges

₹1.80 M

Charges Breakdown by Lending Institutions

  • Bank Of India : 11.60 Cr

Latest Charge Details

Date Lender Amount Status
05 Jul 2019 Bank Of India ₹9.00 Cr Open
08 Aug 2017 Bank Of India ₹2.60 Cr Open
21 Apr 2015 Bank Of India ₹1.80 M Satisfied

How Many Employees Work at Satcha Textile?

Satcha Textile has a workforce of 51 employees as of Mar 21, 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 Satcha Textile, 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 Satcha Textile'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 Satcha Textile

Recent activity within the organization

  • Charges

    A charge with Bank Of India of Rs. 90.00 M registered on 05 Jul 2019 with Charge ID 100278733 was modified on 18 Aug 2024.

    18 Aug 2024

  • Annual General Meeting

    Satcha Textile Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Satcha Textile 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 21 Apr 2015 via Charge ID 10575856 with Bank Of India was fully satisfied on 22 Sep 2021.

    22 Sep 2021

  • Charges

    A charge with Bank Of India amounted to Rs. 90.00 M with Charge ID 100278733 was registered on 05 Jul 2019.

    05 Jul 2019

  • Charges

    A charge with Bank Of India of Rs. 26.00 M registered on 08 Aug 2017 with Charge ID 100129498 was modified on 06 Dec 2017.

    06 Dec 2017

Frequently asked questions

  • Satcha Textile Private Limited was incorporated on 22 Feb 2010.

  • The authorized share capital of Satcha Textile Private Limited is ₹ 2.00 M and paid-up capital is ₹ 1.90 M.

  • Currently 2 directors are associated with Satcha Textile Private Limited.

    • Shanmugam Sathishkumar
    • Kurukkapalayam Subramaniam Ravichandran
  • As per Ministry of Corporate Affairs (Mca), the registered address of Satcha Textile Private Limited is No.50 Asher Nagar 60 Feet Road Gandhi Nagar Post, India, Tirupur, Tamil Nadu, 641603.

  • The corporate identification number (CIN) of Satcha Textile Private Limited is U17115TZ2010PTC015842 and the company number is 015842 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Satcha Textile Private Limited is https://www.satchatextile.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Satcha Textile Private Limited has risen by 247.79%.

  • As Per 2023 financial reports, 51 employees are currently employed by Satcha Textile Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Satcha Textile Private Limited has experienced an upsurge of 11.20%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Satcha Textile Private Limited amount to ₹ 11.60 Cr.

  • The most recent Balance Sheet for Satcha Textile Private Limited was filed with the ROC on 31 Mar 2023.