Sri Sakthi Textiles Private Limited

Textile trading company established in 1955, based in Tamil Nadu.

1955 | Coimbatore, Tamil Nadu (India) | Active
Last Updated: January 13, 2025

Sri Sakthi Textiles Profile

Key Indicators

  • Authorised Capital ₹ 4.75 Cr
  • Paid Up Capital ₹ 4.29 Cr
  • Company Age 69 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 37.46 Cr
  • Revenue Growth -30.06%
  • Profit Growth -104.82%
  • Ebitda -74.51%
  • Net Worth -5.90%
  • Total Assets -7.03%

About Sri Sakthi Textiles

Sri Sakthi Textiles Private Limited (SSTPL) was founded in India on 07 July 1955 and has a glorious history of 69 years and six 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 2024. It's a company limited by shares with an authorized capital of Rs 4.75 Cr and a paid-up capital of Rs 4.29 Cr.

The company has closed loans amounting to ₹37.46 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Rajkumar Govindh, Balagopala Velayudasamy, and Krishnaraj Vanavarayar serve as directors at the Company.

Company Details

  • Location

    Coimbatore, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17111TZ1955PTC000199

  • Company No.

    000199

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    07 Jul 1955

  • Date of AGM

    27 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 Sakthi Textiles?

Board Members (3)

NameDesignationAppointment DateStatus
Rajkumar Govindh Country flag representing In Director 20-Jan-2022Current
Balagopala Velayudasamy Country flag representing In Director 03-Mar-1975Current
Krishnaraj Vanavarayar Country flag representing In Director 20-Jan-2022Current

Financial Performance of Sri Sakthi Textiles.

Sri Sakthi Textiles Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 30.06% decrease. The company also saw a substantial fall in profitability, with a 104.82% decrease in profit. The company's net worth dipped by a decrease of 5.9%.

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
-30.06%
Revenue from Operations
12.94%
Total Assets
-7.03%
Profit or Loss
-104.82%
Net Worth
-5.90%
EBITDA
-74.51%

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

In 2023, Sri Sakthi Textiles had a promoter holding of 91.45% and a public holding of 8.55%. 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

₹37.46 Cr

Charges Breakdown by Lending Institutions

  • Global Trust Bank Limited : 28.84 Cr
  • Global Trust Bank : 6.65 Cr
  • Oriental Bank Of Commerce : 1.50 Cr
  • State Bank Of India : 0.47 Cr

Latest Charge Details

DateLenderAmountStatus
21 Sep 2005Oriental Bank Of Commerce₹1.50 CrSatisfied
21 Jun 2004Global Trust Bank₹2.80 MSatisfied
30 Apr 2004Global Trust Bank Limited₹3.90 MSatisfied
22 Aug 2003Global Trust Bank Limited₹13.50 CrSatisfied
10 Oct 2002Global Trust Bank Limited₹3.00 CrSatisfied

How Many Employees Work at Sri Sakthi Textiles?

Sri Sakthi Textiles has a workforce of 0 employees as of Apr 06, 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 Sakthi 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 Sakthi 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 Sakthi Textiles

Recent activity within the organization

  • Annual General Meeting

    Sri Sakthi Textiles Private Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.

    27 Sep 2024

  • Balance Sheet

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

    31 Mar 2024

  • Charges

    A charge registered on 05 Apr 1990 via Charge ID 90006532 with State Bank Of India was fully satisfied on 01 Jul 2022.

    01 Jul 2022

  • Director Appointment

    Rajkumar Govindh was appointed as a Director was appointed as a Director on 20 Jan 2022 & has been associated with this company since 3 years 11 days .

    20 Jan 2022

  • Director Appointment

    Krishnaraj Shankar Vanavarayar was appointed as a Director was appointed as a Director on 20 Jan 2022 & has been associated with this company since 3 years 11 days .

    20 Jan 2022

  • Charges

    A charge registered on 21 Sep 2005 via Charge ID 90007290 with Oriental Bank Of Commerce was fully satisfied on 09 Jan 2017.

    09 Jan 2017

Frequently asked questions

  • Sri Sakthi Textiles Private Limited was incorporated on 07 Jul 1955.

  • The authorized share capital of Sri Sakthi Textiles Private Limited is ₹ 4.75 Cr and paid-up capital is ₹ 4.29 Cr.

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

    • Rajkumar Govindh
    • Balagopala Kulandai Krishnaraj Vanavarayar Velayudasamy
    • Krishnaraj Shankar Vanavarayar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sri Sakthi Textiles Private Limited is Post Box No 36 Pollachi India, Coimbatore, Tamil Nadu, 642001.

  • The corporate identification number (CIN) of Sri Sakthi Textiles Private Limited is U17111TZ1955PTC000199 and the company number is 000199 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Sri Sakthi Textiles Private Limited is https://www.srisakthitextiles.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Sri Sakthi Textiles Private Limited has fallen by -30.06%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Sri Sakthi Textiles Private Limited has experienced an downturn of -5.90%.

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

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