Sri Shuba Tex Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
- Paid Up Capital ₹ 4.05 Cr
- Company Age 14 Year, 6 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 31.94 Cr
- Satisfied Charges ₹ 3.50 Cr
- Revenue Growth -19.02%
- Profit Growth -85.06%
- Ebitda 106.21%
- Net Worth 28.74%
- Total Assets 16.99%
About Sri Shuba Tex
Sri Shuba Tex Private Limited (SSTPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 16 July 2010 and has a history of 14 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 2023. It's a company limited by shares with an authorized capital of Rs 5.00 Cr and a paid-up capital of Rs 4.05 Cr.
The company currently has active open charges totaling ₹31.94 Cr. The company has closed loans amounting to ₹3.50 Cr, as per Ministry of Corporate Affairs (MCA) records.
Sasivarnan, Viswanathan Dharshini, and Velussami Sathyaseelan serve as directors at the Company.
Company Details
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Location
Coimbatore, Tamil Nadu, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U17111TZ2010PTC016224
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Company No.
016224
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
16 Jul 2010
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Coimbatore
Industry
Who are the key members and board of directors at Sri Shuba Tex?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sasivarnan
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Whole-Time Director | 16-Jul-2010 | Current |
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Viswanathan Dharshini
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Director | 14-Jun-2019 | Current |
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Velussami Sathyaseelan
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Whole-Time Director | 16-Jul-2010 | Current |
Financial Performance of Sri Shuba Tex.
Sri Shuba Tex Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 19.02% decrease. The company also saw a substantial fall in profitability, with a 85.06% decrease in profit. The company's net worth Soared by an impressive increase of 28.74%.
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What is the Ownership and Shareholding Structure of Sri Shuba Tex?
In 2023, Sri Shuba Tex had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Toplight Brands Private LimitedViswanathan Dharshini is a mutual person
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Top Light Fabrics Private LimitedSasivarnan is a mutual person
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Aadhavan Constructions Private LimitedSasivarnan is a mutual person
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Top Light Textiles Private LimitedSasivarnan is a mutual person
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Ultra Spinners India Private Limited
Sasivarnan is a mutual person
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Blue Bird Tex Spin Private Limited
Sasivarnan is a mutual person
Charges (Loans)
₹31.94 Cr
₹3.50 Cr
Charges Breakdown by Lending Institutions
- City Union Bank Limited : 25.44 Cr
- Sidbi : 6.50 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 02 Jan 2024 | City Union Bank Limited | ₹0.02 M | Open |
| 05 Dec 2022 | Sidbi | ₹3.57 Cr | Open |
| 01 Dec 2022 | Sidbi | ₹2.93 Cr | Open |
| 28 Mar 2022 | City Union Bank Limited | ₹5.20 M | Open |
| 08 Mar 2022 | City Union Bank Limited | ₹7.50 M | Open |
How Many Employees Work at Sri Shuba Tex?
Sri Shuba Tex has a workforce of 15 employees as of Apr 05, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Sri Shuba Tex, 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 Shuba Tex's trajectory.
Rating
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
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.