Sholingur Textiles Profile
Key Indicators
- Authorised Capital ₹ 10.00 Cr
- Paid Up Capital ₹ 8.00 M
- Company Age 60 Year, 7 Months
- Last Filing with ROC 31 Mar 2017
- Satisfied Charges ₹ 145.22 Cr
- Revenue Growth -37.31%
- Profit Growth -17.23%
- Ebitda -35.19%
- Net Worth -20.34%
- Total Assets -10.80%
About Sholingur Textiles
Sholingur Textiles Limited (STL) was founded in India on 29 June 1964 and has a glorious history of 60 years and seven months. Its registered office is in Coimbatore, 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 2017. It's a company limited by shares with an authorized capital of Rs 10.00 Cr and a paid-up capital of Rs 8.00 M.
The company has closed loans amounting to ₹145.22 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
Poongodi Poobalan, Arcot Gopikrishna, Muthuswamy Poobalan, and Four other members serve as directors at the Company.
Company Details
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Location
Coimbatore, 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
U17111TZ1964PLC030702
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Company No.
030702
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Company Classification
Public Limited Indian Non-Government Company
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Incorporation Date
29 Jun 1964
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Date of AGM
30 Sep 2017
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Date of Balance Sheet
31 Mar 2017
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Listing Status
Unlisted
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ROC Code
Roc Coimbatore
Industry
Who are the key members and board of directors at Sholingur Textiles?
Board Members (7)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Poongodi Poobalan
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Director | 16-Apr-2024 | Current |
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Arcot Gopikrishna
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Director | 29-Aug-2008 | Current |
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Muthuswamy Poobalan
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Director | 13-Jun-2023 | Current |
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Somalinga Babu
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Director | 30-Sep-1991 | Current |
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Dineshkumar Poobalan
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Additional Director | 18-Apr-2024 | Current |
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Santosh Kanodia
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Director | 28-Nov-2011 | Current |
Financial Performance of Sholingur Textiles.
Sholingur Textiles Limited, for the financial year ended 2017, experienced significant reduction in revenue, with a 37.31% decrease. The company also saw a substantial fall in profitability, with a 17.23% decrease in profit. The company's net worth observed a substantial decline by a decrease of 20.34%.
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What is the Ownership and Shareholding Structure of Sholingur Textiles?
In 2017, Sholingur Textiles had a promoter holding of 89.59% and a public holding of 10.41%. 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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Parklens India Private LimitedPoongodi Poobalan and Dineshkumar Poobalan are mutual person
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Apcomart Private LimitedDineshkumar Poobalan is a mutual person
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Mindreflex Technologies Private LimitedDineshkumar Poobalan is a mutual person
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Locuspace Solutions LlpPoongodi Poobalan and Muthuswamy Poobalan are mutual person
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Baldeep Projects Llp
Poongodi Poobalan and Muthuswamy Poobalan are mutual person
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Dp Properties Llp
Poongodi Poobalan and Muthuswamy Poobalan are mutual person
Charges (Loans)
₹0
₹145.22 Cr
Charges Breakdown by Lending Institutions
- Edelweiss Asset Reconstruction Company Limited : 87.88 Cr
- Uco Bank : 26.07 Cr
- Industrial Development Bank Of India : 18.44 Cr
- Corporation Bank : 4.62 Cr
- Idbi Bank Limited : 4.33 Cr
- Others : 3.88 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 12 Jul 2008 | Uco Bank | ₹3.00 Cr | Satisfied |
| 10 Nov 2007 | Edelweiss Asset Reconstruction Company Limited | ₹24.44 Cr | Satisfied |
| 10 Oct 2006 | Uco Bank | ₹7.50 M | Satisfied |
| 05 May 2006 | Edelweiss Asset Reconstruction Company Limited | ₹5.60 Cr | Satisfied |
| 12 Nov 2005 | Idbi Bank Limited | ₹4.33 Cr | Satisfied |
How Many Employees Work at Sholingur Textiles?
Sholingur Textiles has a workforce of 8 employees as of Apr 01, 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 Sholingur Textiles, 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 Sholingur Textiles'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.
