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Sel Textiles Limited

Textile company that produces and sells yarns, fabrics, garments, and towels.
2008 | Ludhiana, Punjab (India) | Under Insolvency

Last Updated:

April 23, 2024
HomeCompanySel Textiles Limited

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

Executive Team (1)

NameDesignationAppointment DateStatus
Navneet Gupta InCFO29-May-2014Current

Board Members(2)

NameDesignationAppointment DateStatus
Neeraj Saluja In Director 07-May-2009Current
Dhiraj Saluja In Director 01-Jul-2008Current

Financial Performance of Sel Textiles.

Sel Textiles Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 47.53% decrease. The company also saw a substantial improvement in profitability, with a 41.77% increase in profit. The company's net worth observed a substantial decline by a decrease of 13.51%.

Revenue Growth Graph
Profit Loss Graph
  • 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
-47.53%
Revenue from Operations
-57.32%
Total Assets
-4.73%
Profit or Loss
41.77%
Net Worth
-13.51%
EBITDA
-80.30%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges

₹4,365.88 Cr

LenderAmountStatus

Central Bank Of India

Creation Date: 04 Feb 2015
₹2,013.26 CrOpen

Central Bank Of India

Creation Date: 30 Sep 2014
₹473.31 CrOpen

Punjab National Bank

Creation Date: 29 Sep 2014
₹262.62 CrOpen

How Many Employees Work at Sel Textiles?

Sel Textiles has a workforce of 596 employees as of Apr 04, 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 Sel Textiles

Recent activity within the organization

  • Annual General Meeting

    Sel Textiles Limited last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records.

    30 Nov 2021

  • Balance Sheet

    Sel Textiles Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Chandigarh.

    31 Mar 2021

  • Charges

    A charge with Central Bank Of India of Rs. 2,013.26 Cr registered on 04 Feb 2015 with Charge ID 10552310 was modified on 29 Sep 2015.

    29 Sep 2015

  • Charges

    A charge with Central Bank Of India amounted to Rs. 2,013.26 Cr with Charge ID 10552310 was registered on 04 Feb 2015.

    04 Feb 2015

  • Charges

    A charge with Central Bank Of India amounted to Rs. 473.31 Cr with Charge ID 10530372 was registered on 30 Sep 2014.

    30 Sep 2014

  • Charges

    A charge with Punjab National Bank amounted to Rs. 262.62 Cr with Charge ID 10526780 was registered on 29 Sep 2014.

    29 Sep 2014

Recent News, Updates & Announcement

Frequently asked questions

  • Sel Textiles Limited was incorporated on 01 Jul 2008.

  • The authorized share capital of Sel Textiles Limited is ₹ 200.00 Cr and paid-up capital is ₹ 127.06 Cr.

  • Currently 4 directors are associated with Sel Textiles Limited.

    • Neeraj Saluja
    • Dhiraj Saluja
    • Navneet Gupta
    • Navneet Gupta
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sel Textiles Limited is 274 Dhandari Khurd, G.T. Road, Ludhiana, Punjab, India, 141014.

  • The corporate identification number (CIN) of Sel Textiles Limited is U17299PB2008PLC032050 and the company number is 032050 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Sel Textiles Limited is https://www.seltextiles.com

  • According to the financial reports for the fiscal year 2020, the revenue trend for Sel Textiles Limited has fallen by -47.53%.

  • As Per 2020 financial reports, 596 employees are currently employed by Sel Textiles Limited.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Sel Textiles Limited has experienced an downturn of -13.51%.

  • As per the financial statements for fiscal Year 2020, The total open charges for Sel Textiles Limited amount to ₹ 4,365.88 Cr.

  • The most recent Balance Sheet for Sel Textiles Limited was filed with the ROC on 31 Mar 2021.

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