Sree Snehavalli Textiles Private Limited
Textile manufacturing and spinning of yarn, cotton, and fabrics.
1978 | Distt., Tamil Nadu (India) | Active
Sree Snehavalli Textiles Profile
Key Indicators
- Authorised Capital ₹ 12.50 Cr
- Paid Up Capital ₹ 12.25 Cr
- Company Age 46 Year, 2 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 5.00 Cr
- Satisfied Charges ₹ 83.20 Cr
- Revenue Growth -21.03%
- Profit Growth -66.46%
- Ebitda -15.48%
- Net Worth -39.68%
- Total Assets -2.14%
About Sree Snehavalli Textiles
Sree Snehavalli Textiles Private Limited (SSTPL) is a Private Limited Indian Non-Government Company incorporated in India on 29 December 1978 and has a history of 46 years and two months. Its registered office is in Distt., 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 2023. It's a company limited by shares with an authorized capital of Rs 12.50 Cr and a paid-up capital of Rs 12.25 Cr.
The company currently has active open charges totaling ₹5.00 Cr. The company has closed loans amounting to ₹83.20 Cr, as per Ministry of Corporate Affairs (MCA) records.
Kannan Nagappan and Nachiappan Nagappan serve as directors at the Company.
Company Details
- Location
Distt., Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
-
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U18101TN1978PTC007689
- Company No.
007689
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
29 Dec 1978
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Manufacturing
Who are the key members and board of directors at Sree Snehavalli Textiles?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Kannan Nagappan  | Managing Director | 01-Apr-2006 | Current |
Board Members (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Nachiappan Nagappan | Director | 30-Sep-2005 | Current |
Financial Performance of Sree Snehavalli Textiles.
Sree Snehavalli Textiles Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 21.03% decrease. The company also saw a substantial fall in profitability, with a 66.46% decrease in profit. The company's net worth observed a substantial decline by a decrease of 39.68%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Sree Snehavalli Textiles?
In 2023, Sree Snehavalli Textiles had a promoter holding of 99.04% and a public holding of 0.96%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
- Kannan Finance Co Private Limited
Kannan Nagappan is a mutual person
- Nithyakalyani Investments Private Limited
Kannan Nagappan is a mutual person
Charges (Loans)
Open Charges
₹5.00 Cr
Satisfied Charges
₹83.20 Cr
Charges Breakdown by Lending Institutions
- M/S Tamilnad Merchantile Bank Ltd : 2.75 Cr
- M/S Industrial Development Bank Of India : 1.55 Cr
- Tamilnad Mercantile Bank Ltd : 0.70 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 09 Oct 1997 | M/S Tamilnad Merchantile Bank Ltd | ₹2.75 Cr | Open |
| 07 Aug 1995 | M/S Industrial Development Bank Of India | ₹1.55 Cr | Open |
| 26 Nov 1983 | Tamilnad Mercantile Bank Ltd | ₹7.00 M | Open |
| 21 Jun 2000 | Tamilnad Merchantile Bank Ltd | ₹1.50 Cr | Satisfied |
| 16 Oct 1998 | M/S Sundaram Finance Ltd | ₹4.18 Cr | Satisfied |
How Many Employees Work at Sree Snehavalli Textiles?
Unlock and access historical data on people associated with Sree Snehavalli Textiles, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Sree Snehavalli 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 Snehavalli 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 Snehavalli Textiles
Recent activity within the organization
- Annual General Meeting
Sree Snehavalli Textiles Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Balance Sheet
Sree Snehavalli Textiles Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.
- Charges
A charge registered on 22 Sep 1998 via Charge ID 90284735 with M/S Canara Bank was fully satisfied on 16 Feb 2012.
- Charges
A charge registered on 27 Jan 1989 via Charge ID 90284983 with M/S Canara Bank was fully satisfied on 16 Feb 2012.
- Charges
A charge registered on 23 Sep 1988 via Charge ID 90284976 with M/S Canara Bank was fully satisfied on 16 Feb 2012.
- Charges
A charge registered on 23 Jul 1987 via Charge ID 90284957 with M/S Canara Bank was fully satisfied on 16 Feb 2012.
Frequently asked questions
What is the Incorporation or founding date of Sree Snehavalli Textiles Private Limited?
Sree Snehavalli Textiles Private Limited was incorporated on 29 Dec 1978.
What is authorized share capital and paid-up capital of Sree Snehavalli Textiles Private Limited?
The authorized share capital of Sree Snehavalli Textiles Private Limited is ₹ 12.50 Cr and paid-up capital is ₹ 12.25 Cr.
Who are the current board members & directors of Sree Snehavalli Textiles Private Limited?
Currently 2 directors are associated with Sree Snehavalli Textiles Private Limited.
- Kannan Nagappan
- Nachiappan Nagappan
What is the registered address of Sree Snehavalli Textiles Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Sree Snehavalli Textiles Private Limited is Sangarapuram KaraikudiPasumpon Muthuramalingam Distt., Tamil Nadu, India, 630005.
What is the corporate identification number (CIN) and company number of Sree Snehavalli Textiles Private Limited?
The corporate identification number (CIN) of Sree Snehavalli Textiles Private Limited is U18101TN1978PTC007689 and the company number is 007689 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Sree Snehavalli Textiles Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Sree Snehavalli Textiles Private Limited has fallen by -21.03%.
What change has been observed in the net worth of Sree Snehavalli Textiles Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Sree Snehavalli Textiles Private Limited has experienced an downturn of -39.68%.
What are the total open charges for Sree Snehavalli Textiles Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Sree Snehavalli Textiles Private Limited amount to ₹ 5.00 Cr.
When was the last Balance Sheet of Sree Snehavalli Textiles Private Limited filed with the ROC?
The most recent Balance Sheet for Sree Snehavalli Textiles Private Limited was filed with the ROC on 31 Mar 2023.
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