Sri Karvembu Textiles Private Limited

Produces open-ended and viscose yarn in various counts at a facility in Tamil Nadu.

1994 | Erode, Tamil Nadu (India) | Active
Last Updated: December 24, 2024

Sri Karvembu Textiles Profile

Key Indicators

  • Authorised Capital ₹ 7.00 Cr
  • Paid Up Capital ₹ 6.20 Cr
  • Company Age 30 Year, 6 Months
  • Last Filing with ROC 31 Mar 2022
  • Open Charges ₹ 30.42 Cr
  • Satisfied Charges ₹ 1.08 Cr
  • Revenue Growth 46.63%
  • Profit Growth 52.01%
  • Ebitda 204.11%
  • Net Worth 6.07%
  • Total Assets 15.22%

About Sri Karvembu Textiles

Sri Karvembu Textiles Private Limited (SKTPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 17 August 1994 and has a history of 30 years and six months. Its registered office is in Erode, 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 2022. It's a company limited by shares with an authorized capital of Rs 7.00 Cr and a paid-up capital of Rs 6.20 Cr.

The company currently has active open charges totaling ₹30.42 Cr. The company has closed loans amounting to ₹1.08 Cr, as per Ministry of Corporate Affairs (MCA) records.

Karukkampalayam Sadhasivam, Karukkampalayam Selvakumar, Sengappa Rangasamy, and Two other members serve as directors at the Company.

Company Details

  • Location

    Erode, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17111TZ1994PTC005278

  • Company No.

    005278

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    17 Aug 1994

  • Date of AGM

    30 Sep 2022

  • Date of Balance Sheet

    31 Mar 2022

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Manufacturing

What products or services does Sri Karvembu Textiles Private Limited offer?

Sri Karvembu Textiles Private Limited offers a wide range of products and services, including Yarns & Threads, Yarn Waste, Spinning Machinery, Cotton TFO Machine, Yarn, Cotton Yarn, Carded Weaving Yarn, Cotton Blended Yarn.

Who are the key members and board of directors at Sri Karvembu Textiles?

Board Members (5)

NameDesignationAppointment DateStatus
Karukkampalayam Sadhasivam Country flag representing In Director 04-Feb-2019Current
Karukkampalayam Selvakumar Country flag representing In Director 17-Aug-1994Current
Sengappa Rangasamy Country flag representing In Director 04-Feb-2019Current
Songappa Kumarasamy Country flag representing In Director 04-Feb-2019Current
Velusamy Country flag representing In Director 11-May-2021Current

Financial Performance of Sri Karvembu Textiles.

Sri Karvembu Textiles Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 46.63% increase. The company also saw a substantial improvement in profitability, with a 52.01% increase in profit. The company's net worth moved up by a moderate rise of 6.07%.

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
46.63%
Revenue from Operations
51.42%
Total Assets
15.22%
Profit or Loss
52.01%
Net Worth
6.07%
EBITDA
204.11%

What is the Ownership and Shareholding Structure of Sri Karvembu Textiles?

In 2019, Sri Karvembu Textiles 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

₹30.42 Cr

Satisfied Charges

₹1.08 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 24.28 Cr
  • State Bank Of India : 6.00 Cr
  • Karnataka Bank Ltd. : 0.14 Cr

Latest Charge Details

DateLenderAmountStatus
12 Sep 2024Axis Bank Limited₹1.00 CrOpen
30 Jul 2021State Bank Of India₹6.00 CrOpen
31 Aug 2019Axis Bank Limited₹0.90 MOpen
05 Aug 2019Axis Bank Limited₹23.19 CrOpen
13 Oct 2004Karnataka Bank Ltd.₹1.43 MOpen

How Many Employees Work at Sri Karvembu Textiles?

Sri Karvembu Textiles has a workforce of 55 employees as of Mar 29, 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 Sri Karvembu 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 Sri Karvembu Textiles'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 Karvembu Textiles

Recent activity within the organization

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 1.00 Cr with Charge ID 101005118 was registered on 12 Sep 2024.

    12 Sep 2024

  • Charges

    A charge with Axis Bank Limited of Rs. 23.19 Cr registered on 05 Aug 2019 with Charge ID 100283710 was modified on 25 Apr 2024.

    25 Apr 2024

  • Annual General Meeting

    Sri Karvembu Textiles Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.

    30 Sep 2022

  • Charges

    A charge with State Bank Of India of Rs. 6.00 Cr registered on 30 Jul 2021 with Charge ID 100469706 was modified on 28 Jul 2022.

    28 Jul 2022

  • Balance Sheet

    Sri Karvembu Textiles Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Coimbatore.

    31 Mar 2022

  • Charges

    A charge with State Bank Of India amounted to Rs. 6.00 Cr with Charge ID 100469706 was registered on 30 Jul 2021.

    30 Jul 2021

Frequently asked questions

  • Sri Karvembu Textiles Private Limited was incorporated on 17 Aug 1994.

  • The authorized share capital of Sri Karvembu Textiles Private Limited is ₹ 7.00 Cr and paid-up capital is ₹ 6.20 Cr.

  • Currently 5 directors are associated with Sri Karvembu Textiles Private Limited.

    • Karukkampalayam Ramasamy Sadhasivam
    • Karukkampalayam Ramachandran Selvakumar
    • Sengappa Gounder Rangasamy
    • Songappa Gounder Kumarasamy
    • Velusamy
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sri Karvembu Textiles Private Limited is Sf No 94 Thottiyapalayammuthur Post Kangayam Taluk Periyar Dist India, Tamilnadu, Tamil Nadu, 638111.

  • The corporate identification number (CIN) of Sri Karvembu Textiles Private Limited is U17111TZ1994PTC005278 and the company number is 005278 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for Sri Karvembu Textiles Private Limited has risen by 46.63%.

  • As Per 2022 financial reports, 55 employees are currently employed by Sri Karvembu Textiles Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Sri Karvembu Textiles Private Limited has experienced an upsurge of 6.07%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Sri Karvembu Textiles Private Limited amount to ₹ 30.42 Cr.

  • The most recent Balance Sheet for Sri Karvembu Textiles Private Limited was filed with the ROC on 31 Mar 2022.

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