Sofinco Industries Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
- Paid Up Capital ₹ 1.97 M
- Company Age 33 Year, 8 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 eight 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
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Location
Chennai, Tamil Nadu, India
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Telephone
+91-XXXXXXXXXX
- Email Address
- Website
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Social Media
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Corporate Identity Details
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CIN/LLPIN
U52321TN1991PTC020956
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Company No.
020956
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
14 Jun 1991
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Date of AGM
30 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Chennai
Industry
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.
Who are the key members and board of directors at Sofinco Industries?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Prashant Bothra
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Director | 11-Mar-2020 | Current |
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Prakash Bothra
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Director | 14-Jun-1991 | Current |
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Kanchan Bothra
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Director | 27-Apr-2019 | Current |
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%.
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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.
Related Corporates (Common Directorship)
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Fhero Accounting Solutions Private LimitedKanchan Bothra and Prashant Bothra are mutual person
Charges (Loans)
₹0
₹2.11 Cr
Charges Breakdown by Lending Institutions
- Small Industries Development Bank Of India : 2.11 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 16 Nov 2010 | Small Industries Development Bank Of India | ₹1.61 Cr | Satisfied |
| 16 Nov 2010 | Small Industries Development Bank Of India | ₹5.00 M | Satisfied |
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.
Deals i
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
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.
