Sri Cheran Synthetics India Private Limited

Textile company producing various types of yarns in Erode, Tamil Nadu.

2005 | Namakkal, Tamil Nadu (India) | Merged
Last Updated:

Sri Cheran Synthetics India Profile

Key Indicators

  • Authorised Capital ₹ 40.30 Cr
  • Paid Up Capital ₹ 17.87 Cr
  • Company Age 20 Year, 1 Month
  • Last Filing with ROC 31 Mar 2021
  • Satisfied Charges ₹ 202.84 Cr
  • Revenue Growth -1.37%
  • Profit Growth 227.08%
  • Ebitda 59.02%
  • Net Worth 29.59%
  • Total Assets 8.74%

About Sri Cheran Synthetics India

Sri Cheran Synthetics India Private Limited (SCSIPL) is Amalgamated company established on 21 Apr 2005 with its office registered at Namakkal, Tamil Nadu, India and has been running since 20 Year, 1 Month with a paid up capital of 17.87 Cr. According to MCA records, 7 Directors and 1 Signatories are linked to this company as of 18 Jan 2025.

Company Details

  • Location

    Namakkal, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U17111TZ2005PTC011749

  • Company No.

    011749

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    21 Apr 2005

  • Date of AGM

    31 Dec 2021

  • Date of Balance Sheet

    31 Mar 2021

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Manufacturing
Company report

Sri Cheran Synthetics India Private Limited

Explore comprehensive data for Sri Cheran Synthetics India Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Sri Cheran Synthetics India?

Executive Team (1)

NameDesignationAppointment DateStatus
Ramasamy Shanmugam Country flag representing In Company Secretary01-Feb-2021Current

Board Members (7)

NameDesignationAppointment DateStatus
Sengodagounder Muthusamy Country flag representing In Director 21-Apr-2005Current
Muthusamy Devarajan Country flag representing In Director 21-Apr-2005Current
Govindampalyam Palanisamy Country flag representing In Director 21-Apr-2005Current
Ravichandran Muralidharan Country flag representing In Director 29-Aug-2012Current
Palanisamy Duraiswamy Country flag representing In Director 21-Apr-2005Current
Muthusamy Ravichandran Country flag representing In Director 21-Apr-2005Current

Financial Performance of Sri Cheran Synthetics India.

Sri Cheran Synthetics India Private Limited, for the financial year ended 2021, experienced Minor drop in revenue, with a 1.37% decrease. The company also saw a substantial improvement in profitability, with a 227.08% increase in profit. The company's net worth Soared by an impressive increase of 29.59%.

Sri Cheran Synthetics India revenue growth over time
Sri Cheran Synthetics India 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
-1.37%
Revenue from Operations
-0.75%
Total Assets
8.74%
Profit or Loss
227.08%
Net Worth
29.59%
EBITDA
59.02%

What is the Ownership and Shareholding Structure of Sri Cheran Synthetics India?

In 2021, Sri Cheran Synthetics India 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

₹0

Satisfied Charges

₹202.84 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 87.29 Cr
  • Hdfc Bank Limited : 58.15 Cr
  • Corporation Bank : 33.30 Cr
  • Ing Vysya Bank Limited : 15.00 Cr
  • Others : 9.10 Cr

Latest Charge Details

DateLenderAmountStatus
20 Mar 2018Hdfc Bank Limited₹20.01 CrSatisfied
10 Jan 2017Others₹9.10 CrSatisfied
28 Dec 2016Hdfc Bank Limited₹38.14 CrSatisfied
17 Dec 2011State Bank Of India₹87.29 CrSatisfied
01 Jun 2007Corporation Bank₹2.40 CrSatisfied

How Many Employees Work at Sri Cheran Synthetics India?

Sri Cheran Synthetics India has a workforce of 3297 employees as of Apr 08, 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.

Employee growth trends for Sri Cheran Synthetics India Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Sri Cheran Synthetics India, 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 Sri Cheran Synthetics India'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 Sri Cheran Synthetics India

Recent activity within the organization

  • Annual General Meeting

    Sri Cheran Synthetics India Private Limited last Annual general meeting of members was held on 31 Dec 2021 as per latest MCA records.

  • Balance Sheet

    Sri Cheran Synthetics India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Coimbatore.

  • Director Appointment

    Ramasamy Shanmugam was appointed as a Company Secretary was appointed as a Company Secretary on 01 Feb 2021 & has been associated with this company since 4 years 3 months .

  • Charges

    A charge registered on 20 Mar 2018 via Charge ID 100180393 with Hdfc Bank Limited was fully satisfied on 18 Sep 2020.

  • Charges

    A charge registered on 28 Dec 2016 via Charge ID 100098619 with Hdfc Bank Limited was fully satisfied on 18 Sep 2020.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 20.01 Cr registered on 20 Mar 2018 with Charge ID 100180393 was modified on 17 Mar 2020.

Frequently asked questions

  • What is the Incorporation or founding date of Sri Cheran Synthetics India Private Limited?

    Sri Cheran Synthetics India Private Limited was incorporated on 21 Apr 2005.

  • What is authorized share capital and paid-up capital of Sri Cheran Synthetics India Private Limited?

    The authorized share capital of Sri Cheran Synthetics India Private Limited is ₹ 40.30 Cr and paid-up capital is ₹ 17.87 Cr.

  • Who are the current board members & directors of Sri Cheran Synthetics India Private Limited?

    Currently 8 directors are associated with Sri Cheran Synthetics India Private Limited.

    • Sengodagounder Muthusamy
    • Muthusamy Palanisamy Devarajan
    • Govindampalyam Muthusamy Palanisamy
    • Ravichandran Muralidharan
    • Ramasamy Shanmugam
    • Palanisamy Duraiswamy
    • Muthusamy Ravichandran
    • Sengoda Gounder Palanisamy Valliyappa Gounder
  • What is the registered address of Sri Cheran Synthetics India Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Sri Cheran Synthetics India Private Limited is 24 Sankari Byepass Road Pallipalayam India, Erode, Tamil Nadu, 638006.

  • What is the corporate identification number (CIN) and company number of Sri Cheran Synthetics India Private Limited?

    The corporate identification number (CIN) of Sri Cheran Synthetics India Private Limited is U17111TZ2005PTC011749 and the company number is 011749 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Sri Cheran Synthetics India Private Limited?

    The Official website of Sri Cheran Synthetics India Private Limited is https://www.pallavaagroup.com

  • What has been the recent revenue trend for Sri Cheran Synthetics India Private Limited?

    According to the financial reports for the fiscal year 2021, the revenue trend for Sri Cheran Synthetics India Private Limited has fallen by -1.37%.

  • How many employees does Sri Cheran Synthetics India Private Limited currently have?

    As Per 2021 financial reports, 3297 employees are currently employed by Sri Cheran Synthetics India Private Limited.

  • What change has been observed in the net worth of Sri Cheran Synthetics India Private Limited, and by what percentage?

    The financial reports for the fiscal year 2021 indicates that The net worth of Sri Cheran Synthetics India Private Limited has experienced an upsurge of 29.59%.

  • When was the last Balance Sheet of Sri Cheran Synthetics India Private Limited filed with the ROC?

    The most recent Balance Sheet for Sri Cheran Synthetics India Private Limited was filed with the ROC on 31 Mar 2021.

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