Shivasakthi Textile Processing Mills Private Limited

Textile processing and trading of dyed yarn and fabrics for hosiery and woven sectors.

2011 | Erode, Tamil Nadu (India) | Active
Last Updated: January 13, 2025

Who are the key members and board of directors at Shivasakthi Textile Processing Mills?

Board Members (2)

NameDesignationAppointment DateStatus
Salem Siddhuraj Country flag representing In Director 22-Jun-2011Current
Alagupillai Muthuramalingam Country flag representing In Director 04-Sep-2021Current

Financial Performance of Shivasakthi Textile Processing Mills.

Shivasakthi Textile Processing Mills Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 34.44% decrease. The company also saw a substantial improvement in profitability, with a 17.41% increase in profit. The company's net worth observed a substantial decline by a decrease of 32.54%.

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
-34.44%
Revenue from Operations
-34.30%
Total Assets
-5.53%
Profit or Loss
17.41%
Net Worth
-32.54%
EBITDA
164.62%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges

₹70.54 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • City Union Bank Limited : 70.54 Cr

Latest Charge Details

DateLenderAmountStatus
28 Sep 2021City Union Bank Limited₹38.49 CrOpen
24 Apr 2020City Union Bank Limited₹1.75 CrOpen
23 Feb 2017City Union Bank Limited₹30.30 CrOpen

How Many Employees Work at Shivasakthi Textile Processing Mills?

Shivasakthi Textile Processing Mills has a workforce of 6 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

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Latest Updates, News, and FAQs on Shivasakthi Textile Processing Mills

Recent activity within the organization

  • Annual General Meeting

    Shivasakthi Textile Processing Mills Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Shivasakthi Textile Processing Mills Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Coimbatore.

    31 Mar 2023

  • Charges

    A charge with City Union Bank Limited of Rs. 38.49 Cr registered on 28 Sep 2021 with Charge ID 100511680 was modified on 29 Dec 2021.

    29 Dec 2021

  • Charges

    A charge with City Union Bank Limited amounted to Rs. 38.49 Cr with Charge ID 100511680 was registered on 28 Sep 2021.

    28 Sep 2021

  • Director Appointment

    Alagupillai Muthuramalingam was appointed as a Director was appointed as a Director on 04 Sep 2021 & has been associated with this company since 3 years 4 months .

    04 Sep 2021

  • Charges

    A charge with City Union Bank Limited amounted to Rs. 1.75 Cr with Charge ID 100339246 was registered on 24 Apr 2020.

    24 Apr 2020

Frequently asked questions

  • Shivasakthi Textile Processing Mills Private Limited was incorporated on 22 Jun 2011.

  • The authorized share capital of Shivasakthi Textile Processing Mills Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 4.23 Cr.

  • Currently 2 directors are associated with Shivasakthi Textile Processing Mills Private Limited.

    • Salem Kuppusamy Siddhuraj
    • Alagupillai Muthuramalingam
  • As per Ministry of Corporate Affairs (Mca), the registered address of Shivasakthi Textile Processing Mills Private Limited is 90 Urc Nagar 1St Street, Veerappampalayam India, Erode, Tamil Nadu, 638012.

  • The corporate identification number (CIN) of Shivasakthi Textile Processing Mills Private Limited is U17111TZ2011PTC017193 and the company number is 017193 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Shivasakthi Textile Processing Mills Private Limited is https://www.sstpm.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Shivasakthi Textile Processing Mills Private Limited has fallen by -34.44%.

  • As Per 2022 financial reports, 6 employees are currently employed by Shivasakthi Textile Processing Mills Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Shivasakthi Textile Processing Mills Private Limited has experienced an downturn of -32.54%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Shivasakthi Textile Processing Mills Private Limited amount to ₹ 70.54 Cr.

  • The most recent Balance Sheet for Shivasakthi Textile Processing Mills Private Limited was filed with the ROC on 31 Mar 2023.

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