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

Shivasakthi Textile Processing Mills Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 4.23 Cr
  • Company Age 13 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 70.54 Cr
  • Revenue Growth -34.44%
  • Profit Growth 17.41%
  • Ebitda 164.62%
  • Net Worth -32.54%
  • Total Assets -5.53%

About Shivasakthi Textile Processing Mills

Shivasakthi Textile Processing Mills Private Limited (STPMPL) is a Private Limited Indian Non-Government Company incorporated in India on 22 June 2011 and has a history of 13 years and eight months. Its registered office is in Erode, Tamil Nadu, India.

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 5.00 Cr and a paid-up capital of Rs 4.23 Cr.

The company currently has active open charges totaling ₹70.54 Cr.

Salem Siddhuraj and Alagupillai Muthuramalingam serve as directors at the Company.

Company Details

  • Location

    Erode, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    sstpm.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17111TZ2011PTC017193

  • Company No.

    017193

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    22 Jun 2011

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Manufacturing

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%

What is the Ownership and Shareholding Structure of Shivasakthi Textile Processing Mills?

In 2022, Shivasakthi Textile Processing Mills had a promoter holding of 41.42% and a public holding of 58.58%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

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

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Shivasakthi Textile Processing Mills, 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 Shivasakthi Textile Processing Mills'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 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 5 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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