Srinidhi Synthetics Limited

This company manufactures synthetic and cotton yarns, including polyester and viscose blends.

1999 | Erode, Tamil Nadu (India) | Active
Last Updated:

Srinidhi Synthetics Profile

Key Indicators

  • Authorised Capital ₹ 4.00 Cr
  • Paid Up Capital ₹ 2.63 Cr
  • Company Age 25 Year, 3 Months
  • Last Filing with ROC 31 Mar 2021
  • Open Charges ₹ 3.57 Cr
  • Satisfied Charges ₹ 4.09 Cr
  • Revenue Growth -27.07%
  • Profit Growth -10129.61%
  • Ebitda -964.87%
  • Net Worth -88.84%
  • Total Assets -21.63%

About Srinidhi Synthetics

Srinidhi Synthetics Limited (SSL) is a leading Public Limited Indian Non-Government Company incorporated in India on 26 November 1999 and has a history of 25 years and three months. 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 2021. It's a company limited by shares with an authorized capital of Rs 4.00 Cr and a paid-up capital of Rs 2.63 Cr.

The company currently has active open charges totaling ₹3.57 Cr. The company has closed loans amounting to ₹4.09 Cr, as per Ministry of Corporate Affairs (MCA) records.

Raghav Kanodia, Rajendra Kumar, and Renganathan Nagasubramanian 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

    U17119TZ1999PLC009095

  • Company No.

    009095

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    26 Nov 1999

  • Date of AGM

    30 Nov 2021

  • Date of Balance Sheet

    31 Mar 2021

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Manufacturing

Who are the key members and board of directors at Srinidhi Synthetics?

Financial Performance of Srinidhi Synthetics.

Srinidhi Synthetics Limited, for the financial year ended 2019, experienced significant reduction in revenue, with a 27.07% decrease. The company also saw a substantial fall in profitability, with a 10129.61% decrease in profit. The company's net worth observed a substantial decline by a decrease of 88.84%.

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
-27.07%
Revenue from Operations
-26.52%
Total Assets
-21.63%
Profit or Loss
-10129.61%
Net Worth
-88.84%
EBITDA
-964.87%

What is the Ownership and Shareholding Structure of Srinidhi Synthetics?

In 2019, Srinidhi Synthetics had a promoter holding of 77.31% and a public holding of 22.69%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹3.57 Cr

Satisfied Charges

₹4.09 Cr

Charges Breakdown by Lending Institutions

  • Others : 3.57 Cr

Latest Charge Details

DateLenderAmountStatus
29 Dec 2014Others₹3.57 CrOpen
18 Sep 2013Hdfc Bank Limited₹1.75 CrSatisfied
14 Jul 2008State Bank Of India₹1.50 CrSatisfied
21 Mar 2003Union Bank Of India₹8.37 MSatisfied

How Many Employees Work at Srinidhi Synthetics?

Srinidhi Synthetics has a workforce of 90 employees as of Mar 30, 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 Srinidhi Synthetics, 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 Synthetics'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 Srinidhi Synthetics

Recent activity within the organization

  • Annual General Meeting

    Srinidhi Synthetics Limited last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records.

    30 Nov 2021

  • Balance Sheet

    Srinidhi Synthetics Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Coimbatore.

    31 Mar 2021

  • Charges

    A charge with Others of Rs. 3.57 Cr registered on 29 Dec 2014 with Charge ID 10543517 was modified on 21 Mar 2016.

    21 Mar 2016

  • Charges

    A charge registered on 18 Sep 2013 via Charge ID 10458004 with Hdfc Bank Limited was fully satisfied on 09 Apr 2015.

    09 Apr 2015

  • Director Appointment

    Renganathan Nagasubramanian was appointed as a Director was appointed as a Director on 07 Jan 2015 & has been associated with this company since 10 years 1 month .

    07 Jan 2015

  • Charges

    A charge with Others amounted to Rs. 3.57 Cr with Charge ID 10543517 was registered on 29 Dec 2014.

    29 Dec 2014

Frequently asked questions

  • What is the Incorporation or founding date of Srinidhi Synthetics Limited?

    Srinidhi Synthetics Limited was incorporated on 26 Nov 1999.

  • What is authorized share capital and paid-up capital of Srinidhi Synthetics Limited?

    The authorized share capital of Srinidhi Synthetics Limited is ₹ 4.00 Cr and paid-up capital is ₹ 2.63 Cr.

  • Who are the current board members & directors of Srinidhi Synthetics Limited?

    Currently 3 directors are associated with Srinidhi Synthetics Limited.

    • Raghav Kanodia
    • Rajendra Kanodia Kumar
    • Renganathan Nagasubramanian

  • What is the registered address of Srinidhi Synthetics Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Srinidhi Synthetics Limited is 159 Krishna Talkies Road159 Road India, Erode, Tamil Nadu, 638003.

  • What is the corporate identification number (CIN) and company number of Srinidhi Synthetics Limited?

    The corporate identification number (CIN) of Srinidhi Synthetics Limited is U17119TZ1999PLC009095 and the company number is 009095 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Srinidhi Synthetics Limited?

    According to the financial reports for the fiscal year 2019, the revenue trend for Srinidhi Synthetics Limited has fallen by -27.07%.

  • How many employees does Srinidhi Synthetics Limited currently have?

    As Per 2019 financial reports, 90 employees are currently employed by Srinidhi Synthetics Limited.

  • What change has been observed in the net worth of Srinidhi Synthetics Limited, and by what percentage?

    The financial reports for the fiscal year 2019 indicates that The net worth of Srinidhi Synthetics Limited has experienced an downturn of -88.84%.

  • What are the total open charges for Srinidhi Synthetics Limited?

    As per the financial statements for fiscal Year 2019, The total open charges for Srinidhi Synthetics Limited amount to ₹ 3.57 Cr.

  • When was the last Balance Sheet of Srinidhi Synthetics Limited filed with the ROC?

    The most recent Balance Sheet for Srinidhi Synthetics Limited was filed with the ROC on 31 Mar 2021.

People also Viewed

Similar Companies Based on Textile & Fabric Production