Sri Textile Erode Profile
Key Indicators
- Authorised Capital ₹ 14.00 Cr
- Paid Up Capital ₹ 13.98 Cr
- Company Age 16 Year, 10 Months
- Last Filing with ROC 31 Mar 2017
- Open Charges ₹ 63.86 Cr
- Satisfied Charges ₹ 42.77 Cr
- Revenue Growth 16.88%
- Profit Growth 17853.29%
- Ebitda 22.71%
- Net Worth 4.81%
- Total Assets -0.38%
About Sri Textile Erode
Sri Textile Erode Private Limited (STEPL) is Under Liquidation company established on 09 Apr 2008 with its office registered at Erode, Tamil Nadu, India and has been running since 16 Year, 10 Months with a paid up capital of 13.98 Cr. According to MCA records, 2 Directors are linked to this company as of 02 May 2024.
Company Details
- Location
Erode, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U18101TZ2008PTC014366
- Company No.
014366
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
09 Apr 2008
- Date of AGM
29 Sep 2017
- Date of Balance Sheet
31 Mar 2017
- Listing Status
Unlisted
- ROC Code
Roc Coimbatore
Industry
Manufacturing
Who are the key members and board of directors at Sri Textile Erode?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sengodan Venkatesan  | Director | 09-Apr-2008 | Current |
| Venkatesan Padmavathy | Director | 09-Apr-2008 | Current |
Financial Performance of Sri Textile Erode.
Sri Textile Erode Private Limited, for the financial year ended 2017, experienced significant growth in revenue, with a 16.88% increase. The company also saw a substantial improvement in profitability, with a 17853.29% increase in profit. The company's net worth moved up by a moderate rise of 4.81%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Sri Textile Erode?
In 2017, Sri Textile Erode had a promoter holding of 72.30% and a public holding of 27.70%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
Open Charges
₹63.86 Cr
Satisfied Charges
₹42.77 Cr
Charges Breakdown by Lending Institutions
- Tamilnad Mercantile Bank Limited : 63.86 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 15 Jul 2015 | Tamilnad Mercantile Bank Limited | ₹63.86 Cr | Open |
| 29 Sep 2011 | Indian Overseas Bank | ₹37.39 Cr | Satisfied |
| 13 Jul 2009 | Union Bank Of India | ₹5.38 Cr | Satisfied |
How Many Employees Work at Sri Textile Erode?
Sri Textile Erode has a workforce of 1020 employees as of Apr 07, 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 Textile Erode, 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 Textile Erode'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.
Latest Updates, News, and FAQs on Sri Textile Erode
Recent activity within the organization
- Charges
A charge with Tamilnad Mercantile Bank Limited of Rs. 63.86 Cr registered on 15 Jul 2015 with Charge ID 10585288 was modified on 17 Feb 2018.
17 Feb 2018
- Annual General Meeting
Sri Textile Erode Private Limited last Annual general meeting of members was held on 29 Sep 2017 as per latest MCA records.
29 Sep 2017
- Balance Sheet
Sri Textile Erode Private Limited has filed its annual Financial statements for the year ended 31 Mar 2017 with Roc Coimbatore.
31 Mar 2017
- Charges
A charge registered on 29 Sep 2011 via Charge ID 10313066 with Indian Overseas Bank was fully satisfied on 15 Oct 2015.
15 Oct 2015
- Charges
A charge with Tamilnad Mercantile Bank Limited amounted to Rs. 63.86 Cr with Charge ID 10585288 was registered on 15 Jul 2015.
15 Jul 2015
- Charges
A charge with Indian Overseas Bank of Rs. 37.39 Cr registered on 29 Sep 2011 with Charge ID 10313066 was modified on 01 Nov 2014.
01 Nov 2014
Frequently asked questions
What is the Incorporation or founding date of Sri Textile Erode Private Limited?
Sri Textile Erode Private Limited was incorporated on 09 Apr 2008.
What is authorized share capital and paid-up capital of Sri Textile Erode Private Limited?
The authorized share capital of Sri Textile Erode Private Limited is ₹ 14.00 Cr and paid-up capital is ₹ 13.98 Cr.
Who are the current board members & directors of Sri Textile Erode Private Limited?
Currently 2 directors are associated with Sri Textile Erode Private Limited.
- Sengodan Venkatesan
- Venkatesan Padmavathy
What is the registered address of Sri Textile Erode Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Sri Textile Erode Private Limited is 7 K.N.K.Road, Karungalpalayam, Erode, Tamil Nadu, India, 638003.
What is the corporate identification number (CIN) and company number of Sri Textile Erode Private Limited?
The corporate identification number (CIN) of Sri Textile Erode Private Limited is U18101TZ2008PTC014366 and the company number is 014366 as per Ministry of Corporate Affairs (MCA).
What is the official website of Sri Textile Erode Private Limited?
The Official website of Sri Textile Erode Private Limited is https://www.sritextiles.in
What has been the recent revenue trend for Sri Textile Erode Private Limited?
According to the financial reports for the fiscal year 2017, the revenue trend for Sri Textile Erode Private Limited has risen by 16.88%.
How many employees does Sri Textile Erode Private Limited currently have?
As Per 2017 financial reports, 1020 employees are currently employed by Sri Textile Erode Private Limited.
What change has been observed in the net worth of Sri Textile Erode Private Limited, and by what percentage?
The financial reports for the fiscal year 2017 indicates that The net worth of Sri Textile Erode Private Limited has experienced an upsurge of 4.81%.
What are the total open charges for Sri Textile Erode Private Limited?
As per the financial statements for fiscal Year 2017, The total open charges for Sri Textile Erode Private Limited amount to ₹ 63.86 Cr.
When was the last Balance Sheet of Sri Textile Erode Private Limited filed with the ROC?
The most recent Balance Sheet for Sri Textile Erode Private Limited was filed with the ROC on 31 Mar 2017.