Sri Onkar Textiles Private Limited

Textile company specializing in finishing cotton and blended cotton fabrics, established in 1993 in Tamil Nadu.

1993 | Erode, Tamil Nadu (India) | Active
Last Updated: December 03, 2024

Sri Onkar Textiles Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 4.03 M
  • Company Age 31 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 8.00 M
  • Satisfied Charges ₹ 2.96 Cr
  • Revenue Growth 15.52%
  • Profit Growth 62.06%
  • Ebitda 295.94%
  • Net Worth 10.17%
  • Total Assets 10.29%

About Sri Onkar Textiles

Sri Onkar Textiles Private Limited (SOTPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 15 April 1993 and has a history of 31 years and nine 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 2024. It's a company limited by shares with an authorized capital of Rs 5.00 M and a paid-up capital of Rs 4.03 M.

The company currently has active open charges totaling ₹8.00 M. The company has closed loans amounting to ₹2.96 Cr, as per Ministry of Corporate Affairs (MCA) records.

Sunder Chandak, Mukesh Chandak, and Ragini Chandak 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

    U17111TZ1993PTC004335

  • Company No.

    004335

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    15 Apr 1993

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Manufacturing

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

Board Members (3)

Name Designation Appointment Date Status
Sunder Chandak Country flag representing In Whole-Time Director 22-Aug-2016 Current
Mukesh Chandak Country flag representing In Whole-Time Director 30-Sep-1999 Current
Ragini Chandak Country flag representing In Director 30-Nov-2021 Current

Financial Performance of Sri Onkar Textiles.

Sri Onkar Textiles Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 15.52% increase. The company also saw a substantial improvement in profitability, with a 62.06% increase in profit. The company's net worth Soared by an impressive increase of 10.17%.

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
15.52%
Revenue from Operations
15.97%
Total Assets
10.29%
Profit or Loss
62.06%
Net Worth
10.17%
EBITDA
295.94%

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

In 2021, Sri Onkar Textiles had a promoter holding of 36.33% and a public holding of 63.67%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹8.00 M

Satisfied Charges

₹29.62 M

Charges Breakdown by Lending Institutions

  • Union Bank Of India : 0.80 Cr

Latest Charge Details

Date Lender Amount Status
13 Jan 2015 Union Bank Of India ₹8.00 M Open
23 Apr 2009 Union Bank Of India ₹2.60 Cr Satisfied
29 Sep 2005 Sundaram Finace Ltd ₹0.42 M Satisfied
29 Apr 1999 Union Bank Of India ₹3.20 M Satisfied

How Many Employees Work at Sri Onkar Textiles?

Sri Onkar Textiles has a workforce of 38 employees as of Apr 02, 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 Onkar 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 Onkar 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 Onkar Textiles

Recent activity within the organization

  • Annual General Meeting

    Sri Onkar Textiles Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Sri Onkar Textiles Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore.

    31 Mar 2024

  • Director Appointment

    Ragini Chandak was appointed as a Director was appointed as a Director on 30 Nov 2021 & has been associated with this company since 3 years 2 months .

    30 Nov 2021

  • Charges

    A charge registered on 23 Apr 2009 via Charge ID 10157473 with Union Bank Of India was fully satisfied on 30 May 2017.

    30 May 2017

  • Director Appointment

    Sunder Devi Chandak was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 22 Aug 2016 & has been associated with this company since 8 years 5 months .

    22 Aug 2016

  • Charges

    A charge with Union Bank Of India of Rs. 26.00 M registered on 23 Apr 2009 with Charge ID 10157473 was modified on 02 Jan 2016.

    02 Jan 2016

Frequently asked questions

  • Sri Onkar Textiles Private Limited was incorporated on 15 Apr 1993.

  • The authorized share capital of Sri Onkar Textiles Private Limited is ₹ 5.00 M and paid-up capital is ₹ 4.03 M.

  • Currently 3 directors are associated with Sri Onkar Textiles Private Limited.

    • Sunder Devi Chandak
    • Mukesh Kumar Chandak
    • Ragini Chandak
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sri Onkar Textiles Private Limited is 51 Kalaignarnagar Karungalpalayam India, Erode, Tamil Nadu, 638003.

  • The corporate identification number (CIN) of Sri Onkar Textiles Private Limited is U17111TZ1993PTC004335 and the company number is 004335 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for Sri Onkar Textiles Private Limited has risen by 15.52%.

  • As Per 2022 financial reports, 38 employees are currently employed by Sri Onkar Textiles Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Sri Onkar Textiles Private Limited has experienced an upsurge of 10.17%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Sri Onkar Textiles Private Limited amount to ₹ 8.00 M.

  • The most recent Balance Sheet for Sri Onkar Textiles Private Limited was filed with the ROC on 31 Mar 2024.

People also Viewed

Similar Companies Based on Textile & Fabric Production