Savute Textiles Private Limited logo

Savute Textiles Private Limited

Manufacturer of a variety of linen fabrics, founded in 2012 by Logan and Gopinathan.
2012 | Ernakulam, Kerala (India) | Under Liquidation

Last Updated:

May 04, 2024
HomeCompanySavute Textiles Private Limited

Who are the key members and board of directors at Savute Textiles?

Board Members(3)

NameDesignationAppointment DateStatus
Vinesan Gopinathan In Whole-Time Director 28-Mar-2012Current
Peedimakkal Najeeb In Director 30-Sep-2015Current
Stephen Logan Gb Director 21-May-2012Current

Financial Performance of Savute Textiles.

Savute Textiles Private Limited, for the financial year ended 2019, experienced modest growth in revenue, with a 3.17% increase. The company also saw a substantial fall in profitability, with a 2701.38% decrease in profit. The company's net worth observed a substantial decline by a decrease of 186.26%.

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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
3.17%
Revenue from Operations
3.14%
Total Assets
-7.42%
Profit or Loss
-2701.38%
Net Worth
-186.26%
EBITDA
-320.57%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges

₹20.00 Cr

LenderAmountStatus

Canara Bank

Creation Date: 30 Jun 2014
₹20.00 CrOpen

How Many Employees Work at Savute Textiles?

Savute Textiles has a workforce of 11 employees as of Apr 03, 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 Savute Textiles

Recent activity within the organization

  • Annual General Meeting

    Savute Textiles Private Limited last Annual general meeting of members was held on 30 Sep 2019 as per latest MCA records.

    30 Sep 2019

  • Balance Sheet

    Savute Textiles Private Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Ernakulam.

    31 Mar 2019

  • Charges

    A charge with Canara Bank of Rs. 20.00 Cr registered on 30 Jun 2014 with Charge ID 10546025 was modified on 31 Jan 2018.

    31 Jan 2018

  • Director Appointment

    Peedimakkal Abdulsalim Najeeb was appointed as a Director was appointed as a Director on 30 Sep 2015 & has been associated with this company since 9 years 3 months .

    30 Sep 2015

  • Charges

    A charge with Canara Bank amounted to Rs. 20.00 Cr with Charge ID 10546025 was registered on 30 Jun 2014.

    30 Jun 2014

  • Director Appointment

    Stephen Logan was appointed as a Director was appointed as a Director on 21 May 2012 & has been associated with this company since 12 years 7 months .

    21 May 2012

Frequently asked questions

  • Savute Textiles Private Limited was incorporated on 28 Mar 2012.

  • The authorized share capital of Savute Textiles Private Limited is ₹ 4.00 Cr and paid-up capital is ₹ 4.00 Cr.

  • Currently 3 directors are associated with Savute Textiles Private Limited.

    • Peedimakkal Abdulsalim Najeeb
    • Vinesan Gopinathan
    • Stephen Logan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Savute Textiles Private Limited is Vaninilayam Pra : 68, Friends Nagar Palachuvadu, Kakkanad, Kerala, India, 682038.

  • The corporate identification number (CIN) of Savute Textiles Private Limited is U17200KL2012PTC030889 and the company number is 030889 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Savute Textiles Private Limited is https://www.savute.in

  • According to the financial reports for the fiscal year 2019, the revenue trend for Savute Textiles Private Limited has risen by 3.17%.

  • As Per 2019 financial reports, 11 employees are currently employed by Savute Textiles Private Limited.

  • The financial reports for the fiscal year 2019 indicates that The net worth of Savute Textiles Private Limited has experienced an downturn of -186.26%.

  • As per the financial statements for fiscal Year 2019, The total open charges for Savute Textiles Private Limited amount to ₹ 20.00 Cr.

  • The most recent Balance Sheet for Savute Textiles Private Limited was filed with the ROC on 31 Mar 2019.

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