Styleman Textiles Private Limited

Manufactures and exports woven garments, recycled pet bottle scraps and flakes, and polyester fiber.

1978 | Active
Last Updated: December 16, 2024

Styleman Textiles Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 7.80 Cr
  • Company Age 46 Year, 3 Months
  • Last Filing with ROC 31 Mar 2021
  • Open Charges ₹ 20.19 Cr
  • Satisfied Charges ₹ 8.25 Cr
  • Revenue Growth -81.82%
  • Profit Growth -53.57%
  • Ebitda 57.55%
  • Net Worth -1.70%
  • Total Assets -0.21%

About Styleman Textiles

Styleman Textiles Private Limited (STPL) is a Private Limited Indian Non-Government Company incorporated in India on 08 November 1978 and has a history of 46 years and three months. Its registered office is in Na, Tamil Nadu.

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 10.00 Cr and a paid-up capital of Rs 7.80 Cr.

The company currently has active open charges totaling ₹20.19 Cr. The company has closed loans amounting to ₹8.25 Cr, as per Ministry of Corporate Affairs (MCA) records.

Palanisamy Vidhyaprakash and Venkatachala Palanisamy serve as directors at the Company.

Company Details

  • Location Na, Tamil Nadu
  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    stylemantextiles.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17111TZ1978PTC000885

  • Company No.

    000885

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    08 Nov 1978

  • 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 Styleman Textiles?

Executive Team (1)

NameDesignationAppointment DateStatus
Venkatachala Palanisamy Country flag representing In Managing Director08-Nov-1978Current

Board Members (1)

NameDesignationAppointment DateStatus
Palanisamy Vidhyaprakash Country flag representing In Director 05-Jul-1993Current

Financial Performance of Styleman Textiles.

Styleman Textiles Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 81.82% decrease. The company also saw a substantial fall in profitability, with a 53.57% decrease in profit. The company's net worth dipped by a decrease of 1.7%.

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
-81.82%
Revenue from Operations
Total Assets
-0.21%
Profit or Loss
-53.57%
Net Worth
-1.70%
EBITDA
57.55%

What is the Ownership and Shareholding Structure of Styleman Textiles?

In 2021, Styleman Textiles had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹20.19 Cr

Satisfied Charges

₹8.25 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 20.19 Cr

Latest Charge Details

DateLenderAmountStatus
15 Feb 2005State Bank Of India₹20.19 CrOpen
28 Oct 2002Indian Overseas Bank₹7.75 CrSatisfied
12 Aug 2002Indian Overseas Bank₹5.00 MSatisfied

How Many Employees Work at Styleman Textiles?

Styleman Textiles has a workforce of 0 employees as of Mar 21, 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 Styleman 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 Styleman 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 Styleman Textiles

Recent activity within the organization

  • Annual General Meeting

    Styleman Textiles Private Limited last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records.

    30 Nov 2021

  • Balance Sheet

    Styleman Textiles Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Coimbatore.

    31 Mar 2021

  • Charges

    A charge with State Bank Of India of Rs. 20.19 Cr registered on 15 Feb 2005 with Charge ID 90005182 was modified on 23 Oct 2013.

    23 Oct 2013

  • Charges

    A charge registered on 28 Oct 2002 via Charge ID 90005137 with Indian Overseas Bank was fully satisfied on 01 Sep 2009.

    01 Sep 2009

  • Charges

    A charge registered on 12 Aug 2002 via Charge ID 90005133 with Indian Overseas Bank was fully satisfied on 01 Sep 2009.

    01 Sep 2009

  • Charges

    A charge with State Bank Of India amounted to Rs. 20.19 Cr with Charge ID 90005182 was registered on 15 Feb 2005.

    15 Feb 2005

Frequently asked questions

  • Styleman Textiles Private Limited was incorporated on 08 Nov 1978.

  • The authorized share capital of Styleman Textiles Private Limited is ₹ 10.00 Cr and paid-up capital is ₹ 7.80 Cr.

  • Currently 2 directors are associated with Styleman Textiles Private Limited.

    • Palanisamy Vidhyaprakash
    • Venkatachala Gounder Palanisamy
  • As per Ministry of Corporate Affairs (Mca), the registered address of Styleman Textiles Private Limited is 169/10 Chinkkaraiveerapandi Post Tirupur-638 605. Tamil Du India, Na, Tamil Nadu.

  • The corporate identification number (CIN) of Styleman Textiles Private Limited is U17111TZ1978PTC000885 and the company number is 000885 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Styleman Textiles Private Limited is https://www.stylemantextiles.com

  • According to the financial reports for the fiscal year 2021, the revenue trend for Styleman Textiles Private Limited has fallen by -81.82%.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Styleman Textiles Private Limited has experienced an downturn of -1.70%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Styleman Textiles Private Limited amount to ₹ 20.19 Cr.

  • The most recent Balance Sheet for Styleman Textiles Private Limited was filed with the ROC on 31 Mar 2021.

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