Sathuragiri Softex India Private Limited

Manufactures cotton yarn with 7,000 spindles in Tamil Nadu since 2017.

2017 | Coimbatore, Tamil Nadu (India) | Active
Last Updated: November 16, 2024

Sathuragiri Softex India Profile

Key Indicators

  • Authorised Capital ₹ 6.00 Cr
  • Paid Up Capital ₹ 5.84 Cr
  • Company Age 7 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 38.33 Cr
  • Revenue Growth -18.88%
  • Profit Growth -60.97%
  • Ebitda -10.06%
  • Net Worth 38.05%
  • Total Assets 16.21%

About Sathuragiri Softex India

Sathuragiri Softex India Private Limited (SSIPL) is a Private Limited Indian Non-Government Company incorporated in India on 29 May 2017 (Seven years and eight months 28 days old ). Its registered office is in Coimbatore, 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 6.00 Cr and a paid-up capital of Rs 5.84 Cr.

The company currently has active open charges totaling ₹38.33 Cr.

Kunnathur Prabu and Murugasamy Rani serve as directors at the Company.

Company Details

  • Location

    Coimbatore, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    sathuragirisoftex.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17309TZ2017PTC028991

  • Company No.

    028991

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    29 May 2017

  • Date of AGM

    30 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 Sathuragiri Softex India?

Board Members (2)

NameDesignationAppointment DateStatus
Kunnathur Prabu Country flag representing In Director 15-Feb-2018Current
Murugasamy Rani Country flag representing In Director 20-Mar-2018Current

Financial Performance of Sathuragiri Softex India.

Sathuragiri Softex India Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 18.88% decrease. The company also saw a substantial fall in profitability, with a 60.97% decrease in profit. The company's net worth Soared by an impressive increase of 38.05%.

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
-18.88%
Revenue from Operations
-18.90%
Total Assets
16.21%
Profit or Loss
-60.97%
Net Worth
38.05%
EBITDA
-10.06%

What is the Ownership and Shareholding Structure of Sathuragiri Softex India?

In 2023, Sathuragiri Softex India 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

₹38.33 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Sidbi : 34.58 Cr
  • City Union Bank Limited : 3.75 Cr

Latest Charge Details

DateLenderAmountStatus
30 Mar 2019City Union Bank Limited₹3.75 CrOpen
11 Oct 2017Sidbi₹34.58 CrOpen

How Many Employees Work at Sathuragiri Softex India?

Sathuragiri Softex India has a workforce of 52 employees as of Apr 02, 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 Sathuragiri Softex India, 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 Sathuragiri Softex India'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 Sathuragiri Softex India

Recent activity within the organization

  • Charges

    A charge with Sidbi of Rs. 34.58 Cr registered on 11 Oct 2017 with Charge ID 100152993 was modified on 03 Nov 2023.

    03 Nov 2023

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Sathuragiri Softex India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Coimbatore.

    31 Mar 2023

  • Charges

    A charge with City Union Bank Limited amounted to Rs. 3.75 Cr with Charge ID 100262596 was registered on 30 Mar 2019.

    30 Mar 2019

  • Director Appointment

    Murugasamy Anitha Rani was appointed as a Director was appointed as a Director on 20 Mar 2018 & has been associated with this company since 6 years 11 months .

    20 Mar 2018

  • Director Appointment

    Kunnathur Ponnusamy Prabu was appointed as a Director was appointed as a Director on 15 Feb 2018 & has been associated with this company since 7 years 10 days .

    15 Feb 2018

Frequently asked questions

  • Sathuragiri Softex India Private Limited was incorporated on 29 May 2017.

  • The authorized share capital of Sathuragiri Softex India Private Limited is ₹ 6.00 Cr and paid-up capital is ₹ 5.84 Cr.

  • Currently 2 directors are associated with Sathuragiri Softex India Private Limited.

    • Kunnathur Ponnusamy Prabu
    • Murugasamy Anitha Rani
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sathuragiri Softex India Private Limited is No.12 Venkatachalapuram 3Rd Street Karuvampalayam, Mangalam Road India, Tirupur, Tamil Nadu, 641604.

  • The corporate identification number (CIN) of Sathuragiri Softex India Private Limited is U17309TZ2017PTC028991 and the company number is 028991 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Sathuragiri Softex India Private Limited is https://www.sathuragirisoftex.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Sathuragiri Softex India Private Limited has fallen by -18.88%.

  • As Per 2023 financial reports, 52 employees are currently employed by Sathuragiri Softex India Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Sathuragiri Softex India Private Limited has experienced an upsurge of 38.05%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Sathuragiri Softex India Private Limited amount to ₹ 38.33 Cr.

  • The most recent Balance Sheet for Sathuragiri Softex India Private Limited was filed with the ROC on 31 Mar 2023.

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