Space Textiles Private Limited

Textile company with large format showroom and jewelry store, expanding with new retail showroom.

2006 | Coimbatore, Tamil Nadu (India) | Active
Last Updated: October 24, 2024

Space Textiles Profile

Key Indicators

  • Authorised Capital ₹ 18.50 Cr
  • Paid Up Capital ₹ 18.22 Cr
  • Company Age 18 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 637.02 Cr
  • Satisfied Charges ₹ 131.00 Cr
  • Revenue Growth 32.96%
  • Profit Growth -25.26%
  • Ebitda 3.76%
  • Net Worth 13.93%
  • Total Assets 9.17%

About Space Textiles

Space Textiles Private Limited (STPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 21 July 2006 and has a history of 18 years and seven months. Its registered office is in Coimbatore, Tamil Nadu, India.

The Company is engaged in the Fashion And Textile Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 18.50 Cr and a paid-up capital of Rs 18.22 Cr.

The company currently has active open charges totaling ₹637.02 Cr. The company has closed loans amounting to ₹131.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Kulandaivel Vinayakam, Meenakshi Vinayakam, and Vinayakam Narayen serve as directors at the Company.

Company Details

  • Location

    Coimbatore, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    spacetextiles.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U17111TZ2006PTC012949

  • Company No.

    012949

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    21 Jul 2006

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Fashion and Textile
Consumer Goods
Manufacturing

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

Executive Team (1)

NameDesignationAppointment DateStatus
Kulandaivel Vinayakam Country flag representing In Managing Director21-Jul-2006Current

Board Members (2)

NameDesignationAppointment DateStatus
Meenakshi Vinayakam Country flag representing In Director 21-Jul-2006Current
Vinayakam Narayen Country flag representing In Director 30-Jan-2012Current

Financial Performance of Space Textiles.

Space Textiles Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 32.96% increase. The company also saw a substantial fall in profitability, with a 25.26% decrease in profit. The company's net worth Soared by an impressive increase of 13.93%.

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
32.96%
Revenue from Operations
33.15%
Total Assets
9.17%
Profit or Loss
-25.26%
Net Worth
13.93%
EBITDA
3.76%

What is the Ownership and Shareholding Structure of Space Textiles?

In 2023, Space Textiles 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

₹637.02 Cr

Satisfied Charges

₹131.00 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 262.60 Cr
  • Hdfc Bank Limited : 255.60 Cr
  • Others : 118.82 Cr

Latest Charge Details

DateLenderAmountStatus
18 Jul 2024Hdfc Bank Limited₹15.00 CrOpen
12 Apr 2024Hdfc Bank Limited₹1.20 CrOpen
25 Aug 2023Hdfc Bank Limited₹3.70 CrOpen
07 Nov 2022Hdfc Bank Limited₹18.00 CrOpen
10 Nov 2021Others₹25.00 CrOpen

How Many Employees Work at Space Textiles?

Space Textiles has a workforce of 2796 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 Space 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 Space Textiles'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 Space Textiles

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 15.00 Cr with Charge ID 100959772 was registered on 18 Jul 2024.

    18 Jul 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 1.20 Cr with Charge ID 100909918 was registered on 12 Apr 2024.

    12 Apr 2024

  • Annual General Meeting

    Space Textiles Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 3.70 Cr with Charge ID 100786759 was registered on 25 Aug 2023.

    25 Aug 2023

  • Charges

    A charge with State Bank Of India of Rs. 262.60 Cr registered on 21 Sep 2012 with Charge ID 10386223 was modified on 24 Jul 2023.

    24 Jul 2023

  • Balance Sheet

    Space Textiles Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Coimbatore.

    31 Mar 2023

Frequently asked questions

  • Space Textiles Private Limited was incorporated on 21 Jul 2006.

  • The authorized share capital of Space Textiles Private Limited is ₹ 18.50 Cr and paid-up capital is ₹ 18.22 Cr.

  • Currently 3 directors are associated with Space Textiles Private Limited.

    • Kulandaivel Vinayakam
    • Meenakshi Vinayakam
    • Vinayakam Vikram Narayen
  • As per Ministry of Corporate Affairs (Mca), the registered address of Space Textiles Private Limited is A.Ku Towers, Cross Cut Road Gandhipuram India, Coimbatore South, Tamil Nadu, 641012.

  • The corporate identification number (CIN) of Space Textiles Private Limited is U17111TZ2006PTC012949 and the company number is 012949 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Space Textiles Private Limited is https://www.spacetextiles.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Space Textiles Private Limited has risen by 32.96%.

  • As Per 2023 financial reports, 2796 employees are currently employed by Space Textiles Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Space Textiles Private Limited has experienced an upsurge of 13.93%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Space Textiles Private Limited amount to ₹ 637.02 Cr.

  • The most recent Balance Sheet for Space Textiles Private Limited was filed with the ROC on 31 Mar 2023.

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