Sri Visaka Textiles Private Limited

Textile company specializing in yarn manufacturing and processing of various fibrous materials.

1994 | Coimbatore, Tamil Nadu (India) | Active
Last Updated: November 16, 2024

Sri Visaka Textiles Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 8.74 M
  • Company Age 30 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 21.27 Cr
  • Satisfied Charges ₹ 15.42 Cr
  • Revenue Growth -5.08%
  • Profit Growth -138.33%
  • Ebitda -44.34%
  • Net Worth 6.64%
  • Total Assets 25.95%

About Sri Visaka Textiles

Sri Visaka Textiles Private Limited (SVTPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 26 October 1994 and has a history of 30 years and three 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 1.00 Cr and a paid-up capital of Rs 8.74 M.

The company currently has active open charges totaling ₹21.27 Cr. The company has closed loans amounting to ₹15.42 Cr, as per Ministry of Corporate Affairs (MCA) records.

Selvapathy Venkataswamynaidu, Indirani Selvapathy, and Indirani Hema serve as directors at the Company.

Company Details

  • Location

    Coimbatore, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17111TZ1994PTC005455

  • Company No.

    005455

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    26 Oct 1994

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Manufacturing

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

Executive Team (1)

NameDesignationAppointment DateStatus
Indirani Hema Country flag representing In Managing Director01-Feb-2021Current

Board Members (2)

NameDesignationAppointment DateStatus
Selvapathy Venkataswamynaidu Country flag representing In Director 27-Dec-2001Current
Indirani Selvapathy Country flag representing In Director 27-Oct-2003Current

Financial Performance of Sri Visaka Textiles.

Sri Visaka Textiles Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 5.08% decrease. The company also saw a substantial fall in profitability, with a 138.33% decrease in profit. The company's net worth moved up by a moderate rise of 6.64%.

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
-5.08%
Revenue from Operations
-5.40%
Total Assets
25.95%
Profit or Loss
-138.33%
Net Worth
6.64%
EBITDA
-44.34%

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

In 2023, Sri Visaka Textiles had a promoter holding of 99.99% and a public holding of 0.01%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹21.27 Cr

Satisfied Charges

₹15.42 Cr

Charges Breakdown by Lending Institutions

  • Others : 21.27 Cr

Latest Charge Details

DateLenderAmountStatus
11 Dec 2019Others₹21.27 CrOpen
19 Jun 2014Tamilnad Mercantile Bank Limited₹4.54 CrSatisfied
26 Nov 2007Axis Bank Limited₹6.97 CrSatisfied
04 Sep 1999Indian Bank₹3.91 CrSatisfied

How Many Employees Work at Sri Visaka Textiles?

Sri Visaka Textiles has a workforce of 77 employees as of Apr 10, 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 Visaka 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 Visaka 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 Visaka Textiles

Recent activity within the organization

  • Annual General Meeting

    Sri Visaka Textiles Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge with Others of Rs. 21.27 Cr registered on 11 Dec 2019 with Charge ID 100319159 was modified on 27 Apr 2023.

    27 Apr 2023

  • Balance Sheet

    Sri Visaka Textiles Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Coimbatore.

    31 Mar 2023

  • Director Appointment

    Indirani Selvapathy Hema was appointed as a Managing Director was appointed as a Managing Director on 01 Feb 2021 & has been associated with this company since 4 years 20 days .

    01 Feb 2021

  • Charges

    A charge registered on 19 Jun 2014 via Charge ID 10511107 with Tamilnad Mercantile Bank Limited was fully satisfied on 02 Jan 2020.

    02 Jan 2020

  • Charges

    A charge with Others amounted to Rs. 21.27 Cr with Charge ID 100319159 was registered on 11 Dec 2019.

    11 Dec 2019

Frequently asked questions

  • Sri Visaka Textiles Private Limited was incorporated on 26 Oct 1994.

  • The authorized share capital of Sri Visaka Textiles Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 8.74 M.

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

    • Selvapathy Venkataswamynaidu
    • Indirani Selvapathy
    • Indirani Selvapathy Hema
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sri Visaka Textiles Private Limited is 8 Sundaram Apartments 83 Race Course Road India, Coimbatore, Tamil Nadu, 641018.

  • The corporate identification number (CIN) of Sri Visaka Textiles Private Limited is U17111TZ1994PTC005455 and the company number is 005455 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Sri Visaka Textiles Private Limited has fallen by -5.08%.

  • As Per 2023 financial reports, 77 employees are currently employed by Sri Visaka Textiles Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Sri Visaka Textiles Private Limited has experienced an upsurge of 6.64%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Sri Visaka Textiles Private Limited amount to ₹ 21.27 Cr.

  • The most recent Balance Sheet for Sri Visaka Textiles Private Limited was filed with the ROC on 31 Mar 2023.

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