Sel Manufacturing Company Limited

Textile manufacturer and exporter with a diverse product portfolio including yarn, fabrics, and towels.

2000 | Ludhiana, Punjab (India) | Active
Last Updated: July 06, 2024

Sel Manufacturing Company Profile

Key Indicators

  • Authorised Capital ₹ 1,250.00 Cr
  • Paid Up Capital ₹ 33.13 Cr
  • Company Age 24 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 1,342.07 Cr
  • Satisfied Charges ₹ 9,055.71 Cr
  • Revenue Growth 34.58%
  • Profit Growth -41.69%
  • Ebitda -1122.88%
  • Net Worth -43.73%
  • Total Assets -11.57%

About Sel Manufacturing Company

Sel Manufacturing Company Limited (SMCL) is a leading Public Limited Indian Non-Government Company incorporated in India on 08 May 2000 and has a history of 24 years and nine months. Its registered office is in Ludhiana, Punjab, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 532886 and on the National Stock Exchange(NSE) under BZ : SELMCL.

The Corporate was formerly known as Saluja Exim Limited. 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 1,250.00 Cr and a paid-up capital of Rs 33.13 Cr.

The company currently has active open charges totaling ₹1,342.07 Cr. The company has closed loans amounting to ₹9,055.71 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Sel Manufacturing Company Limited India are Navneet Gupta as CFO and Rajeev Bhalla as Ceo. Rajeev Bhalla, Dinesh Mehtani, Shashankrai, and Three other members serve as directors at the Company.

Company Details

  • Location

    Ludhiana, Punjab, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    selindia.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    L51909PB2000PLC023679

  • Company No.

    023679

  • Stock Symbol

    BSE : 532886 NSE : BZ : SELMCL

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    08 May 2000

  • Date of AGM

    22 Aug 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Chandigarh

Industry

Manufacturing

What products or services does Sel Manufacturing Company Limited offer?

Sel Manufacturing Company Limited offers a wide range of products and services, including Yarn, Textile Yarn, Kids Fashion Clothing, Kids Tops, Kids Wear, Men T-Shirts, Polo T Shirt, T Shirts, Half Sleeves T-Shirt, Jersey & Knitted Fabric.

Who are the key members and board of directors at Sel Manufacturing Company?

Executive Team (2)

NameDesignationAppointment DateStatus
Rajeev Bhalla Country flag representing In Managing Director13-Mar-2021Current
Navneet Gupta Country flag representing In CFO29-May-2014Current

Board Members (5)

NameDesignationAppointment DateStatus
Dinesh Mehtani Country flag representing In Director 13-Mar-2021Current
Shashankrai Country flag representing In Additional Director 13-Mar-2021Current
Naveen Arora Country flag representing In Whole-Time Director 08-Apr-2021Current
Nidhi Aggarwal Country flag representing In Director 29-Jun-2021Current
Meghna Savla Country flag representing In Additional Director Current

Financial Performance of Sel Manufacturing Company.

Sel Manufacturing Company Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 34.58% increase. The company also saw a substantial fall in profitability, with a 41.69% decrease in profit. The company's net worth observed a substantial decline by a decrease of 43.73%.

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
34.58%
Revenue from Operations
31.95%
Total Assets
-11.57%
Profit or Loss
-41.69%
Net Worth
-43.73%
EBITDA
-1122.88%

What is the Ownership and Shareholding Structure of Sel Manufacturing Company?

In 2023, Sel Manufacturing Company had a promoter holding of 75.00% and a public holding of 25.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹1,342.07 Cr

Satisfied Charges

₹9,055.71 Cr

Charges Breakdown by Lending Institutions

  • Sbicap Trustee Company Limited : 1006.86 Cr
  • Union Bank Of India : 137.61 Cr
  • Indian Overseas Bank : 100.00 Cr
  • Bank Oh Maharashtra : 45.00 Cr
  • Karur Vysya Bank Limited : 33.60 Cr
  • Others : 19.00 Cr

Latest Charge Details

DateLenderAmountStatus
12 Mar 2021Sbicap Trustee Company Limited₹287.81 CrOpen
24 Sep 2014Sbicap Trustee Company Limited₹719.05 CrOpen
31 Mar 2014Karur Vysya Bank Limited₹2.10 CrOpen
29 Mar 2014Union Bank Of India₹137.61 CrOpen
30 Dec 2013Karur Vysya Bank Limited₹1.50 CrOpen

How Many Employees Work at Sel Manufacturing Company?

Sel Manufacturing Company has a workforce of 2658 employees as of Apr 06, 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 Sel Manufacturing Company, 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 Sel Manufacturing Company'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 Sel Manufacturing Company

Recent activity within the organization

  • Charges

    A charge registered on 30 Jun 2014 via Charge ID 10510444 with Corporation Bank was fully satisfied on 18 Mar 2024.

    18 Mar 2024

  • Charges

    A charge registered on 30 Dec 2013 via Charge ID 10473552 with Corporation Bank was fully satisfied on 18 Mar 2024.

    18 Mar 2024

  • Charges

    A charge registered on 24 Sep 2013 via Charge ID 10454444 with Union Bank Of India was fully satisfied on 18 Mar 2024.

    18 Mar 2024

  • Charges

    A charge registered on 31 Mar 2012 via Charge ID 10346003 with Andhra Bank was fully satisfied on 18 Mar 2024.

    18 Mar 2024

  • Charges

    A charge registered on 27 Jan 2009 via Charge ID 10143853 with Unionbank Of India was fully satisfied on 18 Mar 2024.

    18 Mar 2024

  • Charges

    A charge registered on 25 Aug 2010 via Charge ID 10237619 with Punjab & Sind Bank was fully satisfied on 05 Mar 2024.

    05 Mar 2024

Recent News, Updates & Announcement

Frequently asked questions

  • Sel Manufacturing Company Limited was incorporated on 08 May 2000.

  • The authorized share capital of Sel Manufacturing Company Limited is ₹ 1,250.00 Cr and paid-up capital is ₹ 33.13 Cr.

  • Currently 8 directors are associated with Sel Manufacturing Company Limited.

    • Rajeev Bhalla
    • Dinesh Kumar Mehtani
    • Shashankrai
    • Naveen Arora
    • Nidhi Aggarwal
    • Meghna Mahendra Savla
    • Navneet Gupta
    • Rajeev Bhalla
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sel Manufacturing Company Limited is 274 Dhandari Khurd, G.T. Road, Ludhiana, Punjab, India, 141014.

  • The corporate identification number (CIN) of Sel Manufacturing Company Limited is L51909PB2000PLC023679 and the company number is 023679 as per Ministry of Corporate Affairs (MCA).

  • Yes, Sel Manufacturing Company Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): BZ : SELMCL.

  • The Official website of Sel Manufacturing Company Limited is https://www.selindia.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Sel Manufacturing Company Limited has risen by 34.58%.

  • As Per 2023 financial reports, 2658 employees are currently employed by Sel Manufacturing Company Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Sel Manufacturing Company Limited has experienced an downturn of -43.73%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Sel Manufacturing Company Limited amount to ₹ 1,342.07 Cr.

  • The most recent Balance Sheet for Sel Manufacturing Company Limited was filed with the ROC on 31 Mar 2023.

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