Sleek Textiles Industries Limited

Textile company that manufactures various textile products and accessories.

1989 | Madurai, Tamil Nadu (India) | Active
Last Updated: December 15, 2024

Sleek Textiles Industries Profile

Key Indicators

  • Authorised Capital ₹ 2.50 Cr
  • Paid Up Capital ₹ 2.02 Cr
  • Company Age 35 Year, 7 Months
  • Last Filing with ROC 31 Mar 2020
  • Open Charges ₹ 1.21 Cr
  • Satisfied Charges ₹ 2.50 Cr
  • Revenue Growth 62.86%
  • Profit Growth -595.65%
  • Ebitda -108.41%
  • Net Worth -0.35%
  • Total Assets -1.21%

About Sleek Textiles Industries

Sleek Textiles Industries Limited (STIL) is a Public Limited Indian Non-Government Company incorporated in India on 04 July 1989 and has a history of 35 years and seven months. Its registered office is in Madurai, Tamil Nadu, India.

The Corporate was formerly known as Sleek Textiles And Industries Private Limited. The Company is engaged in the Home & Lifestyle Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2020. It's a company limited by shares with an authorized capital of Rs 2.50 Cr and a paid-up capital of Rs 2.02 Cr.

The company currently has active open charges totaling ₹1.21 Cr. The company has closed loans amounting to ₹2.50 Cr, as per Ministry of Corporate Affairs (MCA) records.

Sreenivasaga Duraisamy, Duraisamy Srinivasababu, and Duraisamy Babu serve as directors at the Company.

Company Details

  • Location

    Madurai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17111TN1989PLC017637

  • Company No.

    017637

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    04 Jul 1989

  • Date of AGM

    30 Dec 2020

  • Date of Balance Sheet

    31 Mar 2020

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Home & Lifestyle

Who are the key members and board of directors at Sleek Textiles Industries?

Executive Team (1)

Name Designation Appointment Date Status
Sreenivasaga Duraisamy Country flag representing In Managing Director 04-Jul-1989 Current

Board Members (2)

Name Designation Appointment Date Status
Duraisamy Srinivasababu Country flag representing In Director 30-Sep-2006 Current
Duraisamy Babu Country flag representing In Director 04-Jul-1999 Current

Financial Performance of Sleek Textiles Industries.

Sleek Textiles Industries Limited, for the financial year ended 2020, experienced significant growth in revenue, with a 62.86% increase. The company also saw a substantial fall in profitability, with a 595.65% decrease in profit. The company's net worth dipped by a decrease of 0.35%.

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
62.86%
Revenue from Operations
Total Assets
-1.21%
Profit or Loss
-595.65%
Net Worth
-0.35%
EBITDA
-108.41%

What is the Ownership and Shareholding Structure of Sleek Textiles Industries?

In 2019, Sleek Textiles Industries had a promoter holding of 55.22% and a public holding of 44.78%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹1.21 Cr

Satisfied Charges

₹2.50 Cr

Charges Breakdown by Lending Institutions

  • The Tamilnadu Industrial Investment Corporn. Limited : 0.57 Cr
  • The Tamilnadu Industrial Investment Corporation Limited : 0.50 Cr
  • The Tamilnadu Industrial Investment Corpn. Limited : 0.14 Cr

Latest Charge Details

Date Lender Amount Status
24 Aug 1998 The Tamilnadu Industrial Investment Corporation Limited ₹5.00 M Open
04 Feb 1994 The Tamilnadu Industrial Investment Corporn. Limited ₹5.69 M Open
11 Jun 1993 The Tamilnadu Industrial Investment Corpn. Limited ₹1.43 M Open
21 Feb 1998 Indian Overseas Bank ₹2.50 Cr Satisfied

How Many Employees Work at Sleek Textiles Industries?

Unlock and access historical data on people associated with Sleek Textiles Industries, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Sleek Textiles Industries, 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 Sleek Textiles Industries'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 Sleek Textiles Industries

Recent activity within the organization

  • Annual General Meeting

    Sleek Textiles Industries Limited last Annual general meeting of members was held on 30 Dec 2020 as per latest MCA records.

    30 Dec 2020

  • Balance Sheet

    Sleek Textiles Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Chennai.

    31 Mar 2020

  • Charges

    A charge registered on 21 Feb 1998 via Charge ID 90300777 with Indian Overseas Bank was fully satisfied on 13 Oct 2007.

    13 Oct 2007

  • Director Appointment

    Duraisamy Srinivasababu was appointed as a Director was appointed as a Director on 30 Sep 2006 & has been associated with this company since 18 years 4 months .

    30 Sep 2006

  • Charges

    A charge with Indian Overseas Bank of Rs. 2.50 Cr registered on 21 Feb 1998 with Charge ID 90300777 was modified on 20 Apr 2002.

    20 Apr 2002

  • Director Appointment

    Duraisamy Bharat Babu was appointed as a Director was appointed as a Director on 04 Jul 1999 & has been associated with this company since 25 years 7 months .

    04 Jul 1999

Frequently asked questions

  • Sleek Textiles Industries Limited was incorporated on 04 Jul 1989.

  • The authorized share capital of Sleek Textiles Industries Limited is ₹ 2.50 Cr and paid-up capital is ₹ 2.02 Cr.

  • Currently 3 directors are associated with Sleek Textiles Industries Limited.

    • Sreenivasaga Reddiar Duraisamy
    • Duraisamy Srinivasababu
    • Duraisamy Bharat Babu
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sleek Textiles Industries Limited is No. 1-A Old Natham Road Opp. Balamandiram School India, Madurai, Tamil Nadu, 625014.

  • The corporate identification number (CIN) of Sleek Textiles Industries Limited is U17111TN1989PLC017637 and the company number is 017637 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2020, the revenue trend for Sleek Textiles Industries Limited has risen by 62.86%.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Sleek Textiles Industries Limited has experienced an downturn of -0.35%.

  • As per the financial statements for fiscal Year 2020, The total open charges for Sleek Textiles Industries Limited amount to ₹ 1.21 Cr.

  • The most recent Balance Sheet for Sleek Textiles Industries Limited was filed with the ROC on 31 Mar 2020.