Sree Narasimha Textiles Profile
Key Indicators
- Authorised Capital ₹ 3.00 M
- Paid Up Capital ₹ 1.34 M
- Company Age 49 Year, 27 Days
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 236.25 Cr
- Satisfied Charges ₹ 161.71 Cr
- Revenue Growth 25.76%
- Profit Growth -41.74%
- Ebitda -44.40%
- Net Worth 5.87%
- Total Assets -3.10%
About Sree Narasimha Textiles
Sree Narasimha Textiles Private Limited (SNTPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 10 February 1976 and has a history of 49 years. Its registered office is in Coimbatore, Tamil Nadu, India.
The Corporate was formerly known as Sree Narasimha Textiles Limited. 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 2023. It's a company limited by shares with an authorized capital of Rs 3.00 M and a paid-up capital of Rs 1.34 M.
The company currently has active open charges totaling ₹236.25 Cr. The company has closed loans amounting to ₹161.71 Cr, as per Ministry of Corporate Affairs (MCA) records.
Coimbatore Jeyabal, Karadibhavi Srinivasan, Shanthi Srinivasan, and Five other members serve as directors at the Company.
Company Details
- Location
Coimbatore, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U17111TZ1976PTC000755
- Company No.
000755
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
10 Feb 1976
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Coimbatore
Industry
Manufacturing
Who are the key members and board of directors at Sree Narasimha Textiles?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Karadibhavi Srinivasan  | Managing Director | 27-Mar-2021 | Current |
Board Members (7)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Shanthi Srinivasan | Additional Director | 12-Apr-2024 | Current |
| Lingam Sankar | Director | 07-Jun-1991 | Current |
| Coimbatore Jeyabal | Director | 30-Nov-2009 | Current |
| Jampala Chowdhury | Director | 27-Apr-1987 | Current |
| Varun Srinivasan | Director | 01-Aug-2022 | Current |
| Aditya Srinivasan | Director | 30-Nov-2019 | Current |
Financial Performance of Sree Narasimha Textiles.
Sree Narasimha Textiles Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 25.76% increase. The company also saw a substantial fall in profitability, with a 41.74% decrease in profit. The company's net worth moved up by a moderate rise of 5.87%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Sree Narasimha Textiles?
In 2023, Sree Narasimha Textiles had a promoter holding of 100.00%. The company had 6 Subsidiaries and 8 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Premier Evolvics Private LimitedKaradibhavi Srinivasan and Shanthi Srinivasan are mutual person
Holiday Travels Private LimitedShanthi Srinivasan and Varun Srinivasan are mutual person
- Premier Mills Private Limited
Karadibhavi Srinivasan, Shanthi Srinivasan and 2 more are mutual person
- Premier Cotton Textiles Private Limited
Shanthi Srinivasan is a mutual person
- Vijayalakshmi Investments Private Limited
Shanthi Srinivasan is a mutual person
Brahmayya Consultants Private LimitedLingam Sankar is a mutual person
Charges (Loans)
Open Charges
₹2,362.50 M
Satisfied Charges
₹1,617.10 M
Charges Breakdown by Lending Institutions
- The Bank Of Nova Scotia : 68.70 Cr
- Idbi Bank Limited : 52.50 Cr
- Hdfc Bank Limited : 50.00 Cr
- Export Import Bank Of India : 25.60 Cr
- Others : 23.90 Cr
- Others : 15.55 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 22 Feb 2022 | Others | ₹18.50 Cr | Open |
| 20 Nov 2020 | Hdfc Bank Limited | ₹50.00 Cr | Open |
| 25 Apr 2007 | Idbi Bank Limited | ₹20.00 Cr | Open |
| 24 Apr 2007 | Others | ₹5.40 Cr | Open |
| 14 Dec 2006 | Export Import Bank Of India | ₹25.60 Cr | Open |
How Many Employees Work at Sree Narasimha Textiles?
Sree Narasimha Textiles has a workforce of 728 employees as of Apr 03, 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 Sree Narasimha 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 Sree Narasimha Textiles'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.
Latest Updates, News, and FAQs on Sree Narasimha Textiles
Recent activity within the organization
- Director Appointment
Shanthi Srinivasan was appointed as a Additional Director was appointed as a Additional Director on 12 Apr 2024 & has been associated with this company since 10 months 26 days .
- Director Appointment
Santhanagopalakrishnan Vaidyanathan was appointed as a Additional Director was appointed as a Additional Director on 12 Apr 2024 & has been associated with this company since 10 months 26 days .
- Annual General Meeting
Sree Narasimha Textiles Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Balance Sheet
Sree Narasimha Textiles Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Coimbatore.
- Charges
A charge with Hdfc Bank Limited of Rs. 500.00 M registered on 20 Nov 2020 with Charge ID 100389960 was modified on 15 Mar 2022.
- Charges
A charge with Others amounted to Rs. 185.00 M with Charge ID 100546531 was registered on 22 Feb 2022.
Frequently asked questions
What is the Incorporation or founding date of Sree Narasimha Textiles Private Limited?
Sree Narasimha Textiles Private Limited was incorporated on 10 Feb 1976.
What is authorized share capital and paid-up capital of Sree Narasimha Textiles Private Limited?
The authorized share capital of Sree Narasimha Textiles Private Limited is ₹ 3.00 M and paid-up capital is ₹ 1.34 M.
Who are the current board members & directors of Sree Narasimha Textiles Private Limited?
Currently 8 directors are associated with Sree Narasimha Textiles Private Limited.
- Coimbatore Rangian Jeyabal
- Karadibhavi Varadarajan Srinivasan
- Shanthi Srinivasan
- Jampala Venkatesam Chowdhury
- Lingam Ravi Sankar
- Varun Srinivasan
- Aditya Srinivasan
- Santhanagopalakrishnan Vaidyanathan
What is the registered address of Sree Narasimha Textiles Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Sree Narasimha Textiles Private Limited is P.B. No.2 Sulur, Coimbatore, Tamil Nadu, India, 641402.
What is the corporate identification number (CIN) and company number of Sree Narasimha Textiles Private Limited?
The corporate identification number (CIN) of Sree Narasimha Textiles Private Limited is U17111TZ1976PTC000755 and the company number is 000755 as per Ministry of Corporate Affairs (MCA).
What is the official website of Sree Narasimha Textiles Private Limited?
The Official website of Sree Narasimha Textiles Private Limited is https://www.premiermills.com
What has been the recent revenue trend for Sree Narasimha Textiles Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Sree Narasimha Textiles Private Limited has risen by 25.76%.
How many employees does Sree Narasimha Textiles Private Limited currently have?
As Per 2023 financial reports, 728 employees are currently employed by Sree Narasimha Textiles Private Limited.
What change has been observed in the net worth of Sree Narasimha Textiles Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Sree Narasimha Textiles Private Limited has experienced an upsurge of 5.87%.
What are the total open charges for Sree Narasimha Textiles Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Sree Narasimha Textiles Private Limited amount to ₹ 236.25 Cr.
When was the last Balance Sheet of Sree Narasimha Textiles Private Limited filed with the ROC?
The most recent Balance Sheet for Sree Narasimha Textiles Private Limited was filed with the ROC on 31 Mar 2023.
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