Solo Knit Process Private Limited

Apparel and fashion company specializing in bleaching, printing, finishing, and processing of various fabrics.

1984 | Coimbatore, Tamil Nadu (India) | Active
Last Updated: January 07, 2025

Solo Knit Process Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 2.00 Cr
  • Company Age 40 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 13.81 Cr
  • Satisfied Charges ₹ 5.81 Cr
  • Revenue Growth -61.18%
  • Profit Growth 3.20%
  • Ebitda 90.92%
  • Net Worth -71.23%
  • Total Assets -4.47%

About Solo Knit Process

Solo Knit Process Private Limited (SKPPL) is a Private Limited Indian Non-Government Company incorporated in India on 27 September 1984 and has a history of 40 years and four 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 2024. It's a company limited by shares with an authorized capital of Rs 2.00 Cr and a paid-up capital of Rs 2.00 Cr.

The company currently has active open charges totaling ₹13.81 Cr. The company has closed loans amounting to ₹5.81 Cr, as per Ministry of Corporate Affairs (MCA) records.

Sridharan and Sakunthala serve as directors at the Company.

Company Details

  • Location

    Coimbatore, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    tea-india.org

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U18101TZ1984PTC001487

  • Company No.

    001487

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    27 Sep 1984

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Manufacturing

Who are the key members and board of directors at Solo Knit Process?

Board Members (2)

Name Designation Appointment Date Status
Sridharan Country flag representing In Director 28-Sep-1998 Current
Sakunthala Country flag representing In Director 16-Mar-2022 Current

Financial Performance of Solo Knit Process.

Solo Knit Process Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 61.18% decrease. The company also saw a slight improvement in profitability, with a 3.2% increase in profit. The company's net worth observed a substantial decline by a decrease of 71.23%.

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
-61.18%
Revenue from Operations
-25.99%
Total Assets
-4.47%
Profit or Loss
3.20%
Net Worth
-71.23%
EBITDA
90.92%

What is the Ownership and Shareholding Structure of Solo Knit Process?

In 2020, Solo Knit Process 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

₹13.81 Cr

Satisfied Charges

₹5.81 Cr

Charges Breakdown by Lending Institutions

  • The Karur Vysya Bank Limited : 13.81 Cr

Latest Charge Details

Date Lender Amount Status
31 Mar 2015 The Karur Vysya Bank Limited ₹1.17 M Open
28 Oct 2011 The Karur Vysya Bank Limited ₹1.50 M Open
29 Nov 2006 The Karur Vysya Bank Limited ₹6.77 Cr Open
04 Oct 2006 The Karur Vysya Bank Limited ₹6.77 Cr Open
15 Oct 2004 Icici Bank Limited ₹5.81 Cr Satisfied

How Many Employees Work at Solo Knit Process?

Solo Knit Process has a workforce of 0 employees as of Apr 05, 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 Solo Knit Process, 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 Solo Knit Process'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 Solo Knit Process

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

    Solo Knit Process Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore.

    31 Mar 2024

  • Director Appointment

    Sakunthala was appointed as a Director was appointed as a Director on 16 Mar 2022 & has been associated with this company since 2 years 11 months .

    16 Mar 2022

  • Charges

    A charge with The Karur Vysya Bank Limited of Rs. 0.12 Cr registered on 31 Mar 2015 with Charge ID 10570580 was modified on 29 May 2015.

    29 May 2015

  • Charges

    A charge with The Karur Vysya Bank Limited amounted to Rs. 0.12 Cr with Charge ID 10570580 was registered on 31 Mar 2015.

    31 Mar 2015

  • Charges

    A charge with The Karur Vysya Bank Limited of Rs. 6.77 Cr registered on 29 Nov 2006 with Charge ID 10030542 was modified on 12 Nov 2012.

    12 Nov 2012

Frequently asked questions

  • Solo Knit Process Private Limited was incorporated on 27 Sep 1984.

  • The authorized share capital of Solo Knit Process Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 2.00 Cr.

  • Currently 2 directors are associated with Solo Knit Process Private Limited.

    • Sridharan
    • Sakunthala
  • As per Ministry of Corporate Affairs (Mca), the registered address of Solo Knit Process Private Limited is Shed No 63 Sidco Tekic Mudhalipalayam India, Tirupur, Tamil Nadu, 641606.

  • The corporate identification number (CIN) of Solo Knit Process Private Limited is U18101TZ1984PTC001487 and the company number is 001487 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Solo Knit Process Private Limited is https://www.tea-india.org

  • According to the financial reports for the fiscal year 2020, the revenue trend for Solo Knit Process Private Limited has fallen by -61.18%.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Solo Knit Process Private Limited has experienced an downturn of -71.23%.

  • As per the financial statements for fiscal Year 2020, The total open charges for Solo Knit Process Private Limited amount to ₹ 13.81 Cr.

  • The most recent Balance Sheet for Solo Knit Process Private Limited was filed with the ROC on 31 Mar 2024.

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