Sreevari Apparels Private Limited

Textile garment manufacturing and trading, specializing in dobby shirts, chino pants, shorts, and cotton pants.

1993 | Coimbatore, Tamil Nadu (India) | Active
Last Updated: October 23, 2024

Sreevari Apparels Profile

Key Indicators

  • Authorised Capital ₹ 7.50 M
  • Paid Up Capital ₹ 6.52 M
  • Company Age 31 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 3.71 M
  • Satisfied Charges ₹ 6.47 Cr
  • Revenue Growth 49.38%
  • Profit Growth -140.76%
  • Ebitda 88.83%
  • Net Worth -3.63%
  • Total Assets 10.15%

About Sreevari Apparels

Sreevari Apparels Private Limited (SAPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 21 May 1993 and has a history of 31 years and eight 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 2023. It's a company limited by shares with an authorized capital of Rs 7.50 M and a paid-up capital of Rs 6.52 M.

The company currently has active open charges totaling ₹3.71 M. The company has closed loans amounting to ₹6.47 Cr, as per Ministry of Corporate Affairs (MCA) records.

Ellamanaidu Mounaguruswamy, Usha Ashokkumar, Dhamodaraswamy Ashokkumar, and Two 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

    U18101TZ1993PTC004411

  • Company No.

    004411

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    21 May 1993

  • 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 Sreevari Apparels?

Executive Team (2)

Name Designation Appointment Date Status
Varunkrishna Ashokkumar Country flag representing In Managing Director 01-Nov-2013 Current
Dhamodaraswamy Ashokkumar Country flag representing In Managing Director 21-May-1993 Current

Board Members (3)

Name Designation Appointment Date Status
Ellamanaidu Mounaguruswamy Country flag representing In Director 21-May-1993 Current
Usha Ashokkumar Country flag representing In Whole-Time Director 21-May-1993 Current
Jayakumar Naidu Country flag representing In Whole-Time Director 01-Nov-2013 Current

Financial Performance of Sreevari Apparels.

Sreevari Apparels Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 49.38% increase. The company also saw a substantial fall in profitability, with a 140.76% decrease in profit. The company's net worth dipped by a decrease of 3.63%.

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
49.38%
Revenue from Operations
51.27%
Total Assets
10.15%
Profit or Loss
-140.76%
Net Worth
-3.63%
EBITDA
88.83%

What is the Ownership and Shareholding Structure of Sreevari Apparels?

In 2023, Sreevari Apparels 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

₹3.71 M

Satisfied Charges

₹64.69 M

Charges Breakdown by Lending Institutions

  • Others : 0.35 Cr
  • Anz Grindlays Bank Ltd. : 0.03 Cr

Latest Charge Details

Date Lender Amount Status
21 Nov 2022 Others ₹2.00 M Open
22 Jun 2022 Others ₹1.46 M Open
06 Feb 1996 Anz Grindlays Bank Ltd. ₹0.25 M Open
20 Nov 2019 Others ₹0.50 M Satisfied
04 Sep 2015 Punjab National Bank ₹1.30 M Satisfied

How Many Employees Work at Sreevari Apparels?

Sreevari Apparels has a workforce of 72 employees as of Apr 09, 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 Sreevari Apparels, 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 Sreevari Apparels'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 Sreevari Apparels

Recent activity within the organization

  • Annual General Meeting

    Sreevari Apparels 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 registered on 20 Nov 2019 via Charge ID 100325219 with Others was fully satisfied on 21 Sep 2023.

    21 Sep 2023

  • Charges

    A charge registered on 23 Feb 1994 via Charge ID 90000404 with Others was fully satisfied on 21 Sep 2023.

    21 Sep 2023

  • Balance Sheet

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

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 2.00 M with Charge ID 100651200 was registered on 21 Nov 2022.

    21 Nov 2022

  • Charges

    A charge with Others amounted to Rs. 1.46 M with Charge ID 100599191 was registered on 22 Jun 2022.

    22 Jun 2022

Frequently asked questions

  • Sreevari Apparels Private Limited was incorporated on 21 May 1993.

  • The authorized share capital of Sreevari Apparels Private Limited is ₹ 7.50 M and paid-up capital is ₹ 6.52 M.

  • Currently 5 directors are associated with Sreevari Apparels Private Limited.

    • Ellamanaidu Mounaguruswamy
    • Usha Ashokkumar
    • Dhamodaraswamy Ashokkumar
    • Jayakumar Dhamodaraswamy Naidu
    • Varunkrishna Ashokkumar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sreevari Apparels Private Limited is Sf No. 399/2 Door 8/6 Level Crossing Road India, Mettupalayam, Tamil Nadu, 641103.

  • The corporate identification number (CIN) of Sreevari Apparels Private Limited is U18101TZ1993PTC004411 and the company number is 004411 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Sreevari Apparels Private Limited is https://www.sreevari.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Sreevari Apparels Private Limited has risen by 49.38%.

  • As Per 2023 financial reports, 72 employees are currently employed by Sreevari Apparels Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Sreevari Apparels Private Limited has experienced an downturn of -3.63%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Sreevari Apparels Private Limited amount to ₹ 3.71 M.

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

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