Shakthi Knitting Profile
Key Indicators
- Authorised Capital ₹ 16.00 Cr
- Paid Up Capital ₹ 10.40 Cr
- Company Age 33 Year, 9 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 nine 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
- Location
Chennai, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U17301TN1991PTC020736
- Company No.
020736
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
06 May 1991
- Date of AGM
27 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Manufacturing
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  | Managing Director | 06-May-1991 | Current |
| Vasanthkumar | Managing Director | 06-May-1991 | Current |
| Krishnan Iyer | 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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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)
Navin Housing And Properties Private LimitedKrishnan Iyer is a mutual person
Fedmac Exports Private LimitedVivekananda Krishnaswamy is a mutual person
Sri Sarvaraya Sugars LimitedKrishnan Iyer is a mutual person
Krida Advanced Material LlpVivekananda Krishnaswamy is a mutual person
- Skl Prosport Apparels Private Limited
Vivekananda Krishnaswamy and Vasanthkumar are mutual person
- Perundurai Common Effluent Treatment Plant
Vasanthkumar is a mutual person
Charges (Loans)
Open Charges
₹367.19 Cr
Satisfied Charges
₹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.
Latest Updates, News, and FAQs on Shakthi Knitting
Recent activity within the organization
- Annual General Meeting
Shakthi Knitting Private Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.
- Director Appointment
Krishnan Ramakrishnan Iyer was appointed as a Company Secretary was appointed as a Company Secretary on 09 Apr 2024 & has been associated with this company since 10 months 24 days .
- Balance Sheet
Shakthi Knitting Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
- Charges
A charge with State Bank Of India of Rs. 178.40 Cr registered on 17 Aug 2019 with Charge ID 100287135 was modified on 23 Mar 2023.
- Charges
A charge with State Bank Of India of Rs. 188.79 Cr registered on 25 Apr 2005 with Charge ID 80056462 was modified on 29 Apr 2022.
- Charges
A charge registered on 15 Dec 2021 via Charge ID 100518695 with State Bank Of India was fully satisfied on 29 Mar 2022.
Frequently asked questions
What is the Incorporation or founding date of Shakthi Knitting Private Limited?
Shakthi Knitting Private Limited was incorporated on 06 May 1991.
What is authorized share capital and paid-up capital of Shakthi Knitting Private Limited?
The authorized share capital of Shakthi Knitting Private Limited is ₹ 16.00 Cr and paid-up capital is ₹ 10.40 Cr.
Who are the current board members & directors of Shakthi Knitting Private Limited?
Currently 4 directors are associated with Shakthi Knitting Private Limited.
- Vivekananda Siddamalai Gounder Krishnaswamy
- Vasanthkumar
- Krishnan Ramakrishnan Iyer
- Veluswamy Guruprasath
What is the registered address of Shakthi Knitting Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Shakthi Knitting Private Limited is Palmwoods Apartment No.2 21St Cross Street Indra Nagar, India, Chennai City Corporation, Tamil Nadu, 600020.
What is the corporate identification number (CIN) and company number of Shakthi Knitting Private Limited?
The corporate identification number (CIN) of Shakthi Knitting Private Limited is U17301TN1991PTC020736 and the company number is 020736 as per Ministry of Corporate Affairs (MCA).
What is the official website of Shakthi Knitting Private Limited?
The Official website of Shakthi Knitting Private Limited is https://www.shakthiknitting.com
What has been the recent revenue trend for Shakthi Knitting Private Limited?
According to the financial reports for the fiscal year 2021, the revenue trend for Shakthi Knitting Private Limited has fallen by -28.26%.
How many employees does Shakthi Knitting Private Limited currently have?
As Per 2021 financial reports, 1523 employees are currently employed by Shakthi Knitting Private Limited.
What change has been observed in the net worth of Shakthi Knitting Private Limited, and by what percentage?
The financial reports for the fiscal year 2021 indicates that The net worth of Shakthi Knitting Private Limited has experienced an upsurge of 4.10%.
What are the total open charges for Shakthi Knitting Private Limited?
As per the financial statements for fiscal Year 2021, The total open charges for Shakthi Knitting Private Limited amount to ₹ 367.19 Cr.
When was the last Balance Sheet of Shakthi Knitting Private Limited filed with the ROC?
The most recent Balance Sheet for Shakthi Knitting Private Limited was filed with the ROC on 31 Mar 2024.
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