Srinidhi Industries Limited
Manufacturer and trader of various yarns, including polyester, with 3 divisions and 2 spinning mills.
1999 | Erode, Tamil Nadu (India) | Active
Srinidhi Industries Profile
Key Indicators
- Authorised Capital ₹ 15.75 Cr
- Paid Up Capital ₹ 7.70 Cr
- Company Age 26 Year, 1 Month
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 8.75 Cr
- Satisfied Charges ₹ 23.79 Cr
- Revenue Growth 42.04%
- Profit Growth -27.19%
- Ebitda -138.65%
- Net Worth 9.06%
- Total Assets 8.56%
About Srinidhi Industries
Srinidhi Industries Limited (SIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 25 March 1999 and has a history of 26 years and one month. 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 2023. It's a company limited by shares with an authorized capital of Rs 15.75 Cr and a paid-up capital of Rs 7.70 Cr.
The company currently has active open charges totaling ₹8.75 Cr. The company has closed loans amounting to ₹23.79 Cr, as per Ministry of Corporate Affairs (MCA) records.
Naresh Rateria, Ashok Kanodia, Coimbatore Ganesan, and One other member 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
U17111TZ1999PLC008802
- Company No.
008802
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
25 Mar 1999
- Date of AGM
30 Dec 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Coimbatore
Industry
Manufacturing
Srinidhi Industries Limited
Explore comprehensive data for Srinidhi Industries Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Srinidhi Industries?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Naresh Rateria  | Director | 20-Jan-2007 | Current |
| Ashok Kanodia | Director | 03-Mar-2005 | Current |
| Coimbatore Ganesan | Director | 30-Jul-2004 | Current |
| Raghav Kanodia | Director | 22-Jun-2011 | Current |
Financial Performance of Srinidhi Industries.
Srinidhi Industries Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 42.04% increase. The company also saw a substantial fall in profitability, with a 27.19% decrease in profit. The company's net worth moved up by a moderate rise of 9.06%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Srinidhi Industries?
In 2023, Srinidhi Industries had a promoter holding of 99.90% and a public holding of 0.09%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
- Ramraghav Industries Limited
Naresh Rateria, Ashok Kanodia and 1 more are mutual person
- Raghuraj Textiles Private Limited
Ashok Kanodia is a mutual person
- Raghuraj Industries Private Limited
Ashok Kanodia and Raghav Kanodia are mutual person
- Sri Ramraghav Spinning Mills Llp
Raghav Kanodia is a mutual person
- Srinidhi Synthetics Limited
Raghav Kanodia is a mutual person
- Sri Ramraghav Ecomills Private Limited
Raghav Kanodia is a mutual person
Charges (Loans)
Open Charges
₹8.75 Cr
Satisfied Charges
₹23.79 Cr
Charges Breakdown by Lending Institutions
- Others : 7.95 Cr
- Standard Chartered Bank : 0.55 Cr
- Bank Of Madura Ltd. : 0.09 Cr
- Standard Charted Bank; : 0.06 Cr
- Bank Of Madura Ltd. : 0.04 Cr
- Others : 0.06 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 19 Jun 2007 | Others | ₹7.95 Cr | Open |
| 08 Nov 1988 | Standard Chartered Bank | ₹1.21 M | Open |
| 31 Aug 1988 | Standard Chartered Bank | ₹0.37 M | Open |
| 20 Jun 1988 | Standard Chartered Bank | ₹0.16 M | Open |
| 17 May 1988 | Standard Chartered Bank | ₹0.36 M | Open |
How Many Employees Work at Srinidhi Industries?
Srinidhi Industries has a workforce of 0 employees as of Mar 28, 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 Srinidhi Industries, 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 Srinidhi Industries'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 Srinidhi Industries
Recent activity within the organization
- Annual General Meeting
Srinidhi Industries Limited last Annual general meeting of members was held on 30 Dec 2023 as per latest MCA records.
- Charges
A charge with Others of Rs. 7.95 Cr registered on 19 Jun 2007 with Charge ID 10060568 was modified on 20 Sep 2023.
- Balance Sheet
Srinidhi Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Coimbatore.
- Charges
A charge registered on 10 Jul 1985 via Charge ID 90318330 with State Industries Promotion Corporation Of Tamilnadu Ltd. was fully satisfied on 21 Jan 2016.
- Charges
A charge registered on 15 Jun 1964 via Charge ID 90317302 with State Industries Promotion Corporation Of Tamilnadu Ltd. was fully satisfied on 21 Jan 2016.
- Charges
A charge registered on 06 Jan 1979 via Charge ID 90323017 with The Madras Industrial Investment Corproation Ltd. was fully satisfied on 29 Jun 2015.
Frequently asked questions
What is the Incorporation or founding date of Srinidhi Industries Limited?
Srinidhi Industries Limited was incorporated on 25 Mar 1999.
What is authorized share capital and paid-up capital of Srinidhi Industries Limited?
The authorized share capital of Srinidhi Industries Limited is ₹ 15.75 Cr and paid-up capital is ₹ 7.70 Cr.
Who are the current board members & directors of Srinidhi Industries Limited?
Currently 4 directors are associated with Srinidhi Industries Limited.
- Naresh Kumar Rateria
- Ashok Kumar Kanodia
- Coimbatore Ramanathan Ganesan
- Raghav Kanodia
What is the registered address of Srinidhi Industries Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Srinidhi Industries Limited is 159 Krishna Talkies Road, India, Erode, Tamil Nadu, 638003.
What is the corporate identification number (CIN) and company number of Srinidhi Industries Limited?
The corporate identification number (CIN) of Srinidhi Industries Limited is U17111TZ1999PLC008802 and the company number is 008802 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Srinidhi Industries Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Srinidhi Industries Limited has risen by 42.04%.
What change has been observed in the net worth of Srinidhi Industries Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Srinidhi Industries Limited has experienced an upsurge of 9.06%.
What are the total open charges for Srinidhi Industries Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Srinidhi Industries Limited amount to ₹ 8.75 Cr.
When was the last Balance Sheet of Srinidhi Industries Limited filed with the ROC?
The most recent Balance Sheet for Srinidhi Industries Limited was filed with the ROC on 31 Mar 2023.
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