Sofinco Industries Private Limited

Manufacturer of technical textiles including felt, non-woven products, and various fabrics.

1991 | Chennai, Tamil Nadu (India) | Active
Last Updated:

Sofinco Industries Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 1.97 M
  • Company Age 33 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 2.11 Cr
  • Revenue Growth -24.61%
  • Profit Growth 56.04%
  • Ebitda 127.37%
  • Net Worth -4.69%
  • Total Assets -4.64%

About Sofinco Industries

Sofinco Industries Private Limited (SIPL) is a Private Limited Indian Non-Government Company incorporated in India on 14 June 1991 and has a history of 33 years and ten months. Its registered office is in Chennai, Tamil Nadu, India.

The Corporate was formerly known as Chennai Felt Mills 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 2024. It's a company limited by shares with an authorized capital of Rs 1.00 Cr and a paid-up capital of Rs 1.97 M.

The company has closed loans amounting to ₹2.11 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Prakash Bothra, Kanchan Bothra, and Prashant Bothra 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

    U52321TN1991PTC020956

  • Company No.

    020956

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    14 Jun 1991

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Home & Lifestyle

What products or services does Sofinco Industries Private Limited offer?

Sofinco Industries Private Limited offers a wide range of products and services, including Industrial Fabrics and Textiles, Felt, Abrasives & Grains, Polishing Abrasives, Abrasive Wheels, Flap Wheels, Industrial & Engineering Goods, Roller Support, Apparel Fabrics & Clothing Textiles, Fabric.

Company report

Sofinco Industries Private Limited

Explore comprehensive data for Sofinco Industries Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

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

Board Members (3)

NameDesignationAppointment DateStatus
Prashant Bothra Country flag representing In Director 11-Mar-2020Current
Prakash Bothra Country flag representing In Director 14-Jun-1991Current
Kanchan Bothra Country flag representing In Director 27-Apr-2019Current

Financial Performance of Sofinco Industries.

Sofinco Industries Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 24.61% decrease. The company also saw a substantial improvement in profitability, with a 56.04% increase in profit. The company's net worth dipped by a decrease of 4.69%.

Sofinco Industries revenue growth over time
Sofinco Industries 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
-24.61%
Revenue from Operations
-23.83%
Total Assets
-4.64%
Profit or Loss
56.04%
Net Worth
-4.69%
EBITDA
127.37%

What is the Ownership and Shareholding Structure of Sofinco Industries?

In 2021, Sofinco Industries had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹2.11 Cr

Charges Breakdown by Lending Institutions

  • Small Industries Development Bank Of India : 2.11 Cr

Latest Charge Details

DateLenderAmountStatus
16 Nov 2010Small Industries Development Bank Of India₹1.61 CrSatisfied
16 Nov 2010Small Industries Development Bank Of India₹5.00 MSatisfied

How Many Employees Work at Sofinco Industries?

Sofinco Industries 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.

Employee growth trends for Sofinco Industries Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Sofinco 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 Sofinco 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 Sofinco Industries

Recent activity within the organization

  • Annual General Meeting

    Sofinco Industries Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Sofinco Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

  • Director Appointment

    Prashant Bothra was appointed as a Director was appointed as a Director on 11 Mar 2020 & has been associated with this company since 5 years 1 month .

  • Director Appointment

    Kanchan Bothra was appointed as a Director was appointed as a Director on 27 Apr 2019 & has been associated with this company since 6 years 6 days .

  • Charges

    A charge registered on 16 Nov 2010 via Charge ID 10251496 with Small Industries Development Bank Of India was fully satisfied on 10 Sep 2013.

  • Charges

    A charge registered on 16 Nov 2010 via Charge ID 10251500 with Small Industries Development Bank Of India was fully satisfied on 10 Sep 2013.

Frequently asked questions

  • What is the Incorporation or founding date of Sofinco Industries Private Limited?

    Sofinco Industries Private Limited was incorporated on 14 Jun 1991.

  • What is authorized share capital and paid-up capital of Sofinco Industries Private Limited?

    The authorized share capital of Sofinco Industries Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 1.97 M.

  • Who are the current board members & directors of Sofinco Industries Private Limited?

    Currently 3 directors are associated with Sofinco Industries Private Limited.

    • Prakash Chandra Bothra
    • Kanchan Bothra
    • Prashant Bothra

  • What is the registered address of Sofinco Industries Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Sofinco Industries Private Limited is 152 Thambuchetty Street Ii Floor, India, Floor Madras-1, Tamil Nadu, 600001.

  • What is the corporate identification number (CIN) and company number of Sofinco Industries Private Limited?

    The corporate identification number (CIN) of Sofinco Industries Private Limited is U52321TN1991PTC020956 and the company number is 020956 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Sofinco Industries Private Limited?

    The Official website of Sofinco Industries Private Limited is https://www.sofinco.in

  • What has been the recent revenue trend for Sofinco Industries Private Limited?

    According to the financial reports for the fiscal year 2021, the revenue trend for Sofinco Industries Private Limited has fallen by -24.61%.

  • How many employees does Sofinco Industries Private Limited currently have?

    As Per 2021 financial reports, 8 employees are currently employed by Sofinco Industries Private Limited.

  • What change has been observed in the net worth of Sofinco Industries Private Limited, and by what percentage?

    The financial reports for the fiscal year 2021 indicates that The net worth of Sofinco Industries Private Limited has experienced an downturn of -4.69%.

  • When was the last Balance Sheet of Sofinco Industries Private Limited filed with the ROC?

    The most recent Balance Sheet for Sofinco Industries Private Limited was filed with the ROC on 31 Mar 2024.

Unlock Business Insights – Explore Instantly!

Search company & director profiles for free and gain access to critical business data.

  • 3.1M+ Companies
  • 15M+ Legal Cases
  • 525K+ Credit Ratings
  • 5.8M+ Directors & KMP
  • 750K+ Regulatory Alerts
  • 1.1M+ Companies' Financial Records
Start Free Trial

People also Viewed

Similar Companies Based on Textile Retail & Distribution