Srg Apparels Limited

Textile manufacturer specializing in knitwear for infants and children, serving renowned brands domestically and internationally.

1999 | Tirupur, Tamil Nadu (India) | Active
Last Updated: July 08, 2024

Srg Apparels Profile

Key Indicators

  • Authorised Capital ₹ 20.00 Cr
  • Paid Up Capital ₹ 14.33 Cr
  • Company Age 25 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 92.27 Cr
  • Satisfied Charges ₹ 81.00 Cr
  • Revenue Growth -9.39%
  • Profit Growth -39.46%
  • Ebitda -33.81%
  • Net Worth 10.20%
  • Total Assets -0.69%

About Srg Apparels

Srg Apparels Limited (SAL) is a leading Public Limited Indian Non-Government Company incorporated in India on 05 April 1999 and has a history of 25 years and ten months. Its registered office is in Tirupur, Tamil Nadu, India.

The Corporate was formerly known as Srg Apparels Private Limited. 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 20.00 Cr and a paid-up capital of Rs 14.33 Cr.

The company currently has active open charges totaling ₹92.27 Cr. The company has closed loans amounting to ₹81.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Srg Apparels Limited India is Govindaraju Saranya as CFO. Govindaraju Saranya, Dhananjayan Subramanian, Sivaramakrishnan Annamalai, and Seven other members serve as directors at the Company.

Company Details

  • Location

    Tirupur, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    srgapparels.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U18101TZ1999PLC008821

  • Company No.

    008821

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    05 Apr 1999

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Fashion and Textile
Manufacturing

Who are the key members and board of directors at Srg Apparels?

Executive Team (2)

NameDesignationAppointment DateStatus
Govindaraju Saranya Country flag representing In CFO30-Mar-2019Current
Ramaswamy Govindaraju Country flag representing In Managing Director05-Apr-1999Current

Board Members (8)

NameDesignationAppointment DateStatus
Sivasubramaniam Sakthiprabhu Country flag representing In Whole-Time Director 19-Dec-2012Current
Ramasamy Duraisamy Country flag representing In Director 26-Mar-2018Current
Dhananjayan Subramanian Country flag representing In Director 26-Mar-2018Current
Sivaramakrishnan Annamalai Country flag representing In Additional Director 03-May-2023Current
Subramanian Kumar Country flag representing In Whole-Time Director 19-Dec-2012Current
Karuppanan Meganathan Country flag representing In Whole-Time Director 05-Apr-1999Current

Financial Performance of Srg Apparels.

Srg Apparels Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 9.39% decrease. The company also saw a substantial fall in profitability, with a 39.46% decrease in profit. The company's net worth Soared by an impressive increase of 10.2%.

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
-9.39%
Revenue from Operations
-8.81%
Total Assets
-0.69%
Profit or Loss
-39.46%
Net Worth
10.20%
EBITDA
-33.81%

What is the Ownership and Shareholding Structure of Srg Apparels?

In 2022, Srg 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

₹92.27 Cr

Satisfied Charges

₹81.00 Cr

Charges Breakdown by Lending Institutions

  • Others : 92.27 Cr

Latest Charge Details

DateLenderAmountStatus
07 Nov 2015Others₹7.63 CrOpen
30 May 2003Others₹84.64 CrOpen
28 Mar 2019State Bank Of India₹27.50 CrSatisfied
06 Sep 2014Ing Vysya Bank Limited₹6.00 CrSatisfied
13 Mar 2014Ing Vysya Bank Limited₹3.00 CrSatisfied

How Many Employees Work at Srg Apparels?

Srg Apparels has a workforce of 3188 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 Srg 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 Srg 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 Srg Apparels

Recent activity within the organization

  • Annual General Meeting

    Srg Apparels 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 Others of Rs. 84.64 Cr registered on 30 May 2003 with Charge ID 90009095 was modified on 20 Sep 2023.

    20 Sep 2023

  • Balance Sheet

    Srg Apparels 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 of Rs. 7.63 Cr registered on 07 Nov 2015 with Charge ID 10608402 was modified on 10 Dec 2021.

    10 Dec 2021

  • Charges

    A charge registered on 28 Mar 2019 via Charge ID 100257943 with State Bank Of India was fully satisfied on 21 Aug 2021.

    21 Aug 2021

  • Charges

    A charge with State Bank Of India of Rs. 27.50 Cr registered on 28 Mar 2019 with Charge ID 100257943 was modified on 24 Sep 2020.

    24 Sep 2020

Frequently asked questions

  • Srg Apparels Limited was incorporated on 05 Apr 1999.

  • The authorized share capital of Srg Apparels Limited is ₹ 20.00 Cr and paid-up capital is ₹ 14.33 Cr.

  • Currently 11 directors are associated with Srg Apparels Limited.

    • Govindaraju Saranya
    • Govindaraju Saranya
    • Dhananjayan Subramanian
    • Sivaramakrishnan Annamalai
    • Sivasubramaniam Sakthiprabhu
    • Subramanian Saravana Kumar
    • Ramasamy Duraisamy
    • Karuppanan Meganathan
    • Ramaswamy Govindaraju
    • Govindaraj Revathi
    • Shiva Sankari Sakthi Prabhu
  • As per Ministry of Corporate Affairs (Mca), the registered address of Srg Apparels Limited is 10Padmavathipuram Gandhinagar Post, Tirupur, Tamil Nadu, India, 641603.

  • The corporate identification number (CIN) of Srg Apparels Limited is U18101TZ1999PLC008821 and the company number is 008821 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Srg Apparels Limited is https://www.srgapparels.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Srg Apparels Limited has fallen by -9.39%.

  • As Per 2023 financial reports, 3188 employees are currently employed by Srg Apparels Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Srg Apparels Limited has experienced an upsurge of 10.20%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Srg Apparels Limited amount to ₹ 92.27 Cr.

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

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