Shakthi Knitting Profile
Key Indicators
- Authorised Capital ₹ 16.00 Cr
- Paid Up Capital ₹ 10.40 Cr
- Company Age 33 Year, 8 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 367.19 Cr
- Satisfied Charges ₹ 498.49 Cr
- Revenue Growth -28.26%
- Profit Growth -44.66%
- Ebitda -18.04%
- Net Worth 4.10%
- Total Assets 7.45%
About Shakthi Knitting
Shakthi Knitting Private Limited (SKPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 06 May 1991 and has a history of 33 years and eight months. Its registered office is in Chennai, Tamil Nadu, India.
The Corporate was formerly known as Shakthi Knitting 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 2024. It's a company limited by shares with an authorized capital of Rs 16.00 Cr and a paid-up capital of Rs 10.40 Cr.
The company currently has active open charges totaling ₹367.19 Cr. The company has closed loans amounting to ₹498.49 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Shakthi Knitting Private Limited India are Krishnan Iyer as COMPANY SECRETARY and Veluswamy Guruprasath as Cfo. Vivekananda Krishnaswamy and Vasanthkumar serve as directors at the Company.
Company Details
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Location
Chennai, Tamil Nadu, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U17301TN1991PTC020736
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Company No.
020736
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
06 May 1991
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Date of AGM
27 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Chennai
Industry
What products or services does Shakthi Knitting Private Limited offer?
Shakthi Knitting Private Limited offers a wide range of products and services, including Jersey & Knitted Fabric, Knitted Fabrics.
Who are the key members and board of directors at Shakthi Knitting?
Executive Team (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Vivekananda Krishnaswamy
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Managing Director | 06-May-1991 | Current |
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Vasanthkumar
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Managing Director | 06-May-1991 | Current |
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Krishnan Iyer
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Company Secretary | 09-Apr-2024 | Current |
| Veluswamy Guruprasath | CFO | 18-Jan-2019 | Current |
Board Members
No Directors or KMP associated with company. Upon reviewing the records, we can confirm that there are no Directors or Key Management Personnel (KMP) associated with this company at present.
Financial Performance of Shakthi Knitting.
Shakthi Knitting Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 28.26% decrease. The company also saw a substantial fall in profitability, with a 44.66% decrease in profit. The company's net worth moved up by a moderate rise of 4.1%.
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What is the Ownership and Shareholding Structure of Shakthi Knitting?
In 2021, Shakthi Knitting had a promoter holding of 66.45% and a public holding of 33.54%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Navin Housing And Properties Private LimitedKrishnan Iyer is a mutual person
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Fedmac Exports Private LimitedVivekananda Krishnaswamy is a mutual person
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Sri Sarvaraya Sugars LimitedKrishnan Iyer is a mutual person
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Krida Advanced Material LlpVivekananda Krishnaswamy is a mutual person
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Skl Prosport Apparels Private Limited
Vivekananda Krishnaswamy and Vasanthkumar are mutual person
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Perundurai Common Effluent Treatment Plant
Vasanthkumar is a mutual person
Charges (Loans)
₹367.19 Cr
₹498.49 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 367.19 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 17 Aug 2019 | State Bank Of India | ₹178.40 Cr | Open |
| 25 Apr 2005 | State Bank Of India | ₹188.79 Cr | Open |
| 07 Feb 2022 | Idbi Bank Limited | ₹1.79 Cr | Satisfied |
| 28 Dec 2021 | Others | ₹1.75 Cr | Satisfied |
| 15 Dec 2021 | State Bank Of India | ₹5.16 Cr | Satisfied |
How Many Employees Work at Shakthi Knitting?
Shakthi Knitting has a workforce of 1523 employees as of Apr 07, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Shakthi Knitting, 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 Shakthi Knitting's trajectory.
Rating
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
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.
