Summer India Textile Mills Private Limited

Produces and exports high-quality textile products for hospitality and retail industries.

1997 | Namakkal, Tamil Nadu (India) | Under Liquidation
Last Updated: May 14, 2024

Summer India Textile Mills Profile

Key Indicators

  • Authorised Capital ₹ 36.00 Cr
  • Paid Up Capital ₹ 35.16 Cr
  • Company Age 27 Year, 4 Months
  • Last Filing with ROC 31 Mar 2016
  • Open Charges ₹ 207.60 Cr
  • Satisfied Charges ₹ 20.47 Cr
  • Revenue Growth -30.44%
  • Profit Growth -1452.27%
  • Ebitda -30.86%
  • Net Worth -81.05%
  • Total Assets -11.84%

About Summer India Textile Mills

Summer India Textile Mills Private Limited (SITMPL) is Under Liquidation company established on 09 Oct 1997 with its office registered at Namakkal, Tamil Nadu, India and has been running since 27 Year, 4 Months with a paid up capital of 35.16 Cr. According to MCA records, 2 Directors are linked to this company as of 14 May 2024.

Company Details

  • Location

    Namakkal, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    summerindia.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17111TZ1997PTC008133

  • Company No.

    008133

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    09 Oct 1997

  • Date of AGM

    30 Sep 2016

  • Date of Balance Sheet

    31 Mar 2016

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Manufacturing

What products or services does Summer India Textile Mills Private Limited offer?

Summer India Textile Mills Private Limited offers a wide range of products and services, including Towels, Napkins & Handkerchieves, Kitchen Towel, Bed Linen & Bedspreads, Bed Linen, Inspection & Quality Check Services, Quality Inspection Service, Napkins, Apparel & Textile Machinery, Textile Finishing Machine, Dyeing Machinery.

Who are the key members and board of directors at Summer India Textile Mills?

Executive Team (2)

NameDesignationAppointment DateStatus
Aasaithambhee Amuthaa Country flag representing In Managing Director09-Oct-1997Current
Rangasamy Asaithambi Country flag representing In Managing Director09-Oct-1997Current

Board Members

People

No Directors or KMP associated with company. Upon reviewing the records, we can confirm that there are no Directors or Key Management Personnel (KMP) associated with this company at present.

Financial Performance of Summer India Textile Mills.

Summer India Textile Mills Private Limited, for the financial year ended 2013, experienced significant reduction in revenue, with a 30.44% decrease. The company also saw a substantial fall in profitability, with a 1452.27% decrease in profit. The company's net worth observed a substantial decline by a decrease of 81.05%.

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
-30.44%
Revenue from Operations
-30.86%
Total Assets
-11.84%
Profit or Loss
-1452.27%
Net Worth
-81.05%
EBITDA
-30.86%

What is the Ownership and Shareholding Structure of Summer India Textile Mills?

In 2016, Summer India Textile Mills had a promoter holding of 100.00%. 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

₹207.60 Cr

Satisfied Charges

₹20.47 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 192.60 Cr
  • State Bank Of Patiala : 15.00 Cr

Latest Charge Details

DateLenderAmountStatus
19 Aug 2011State Bank Of India₹35.79 CrOpen
10 Nov 2010State Bank Of Patiala₹15.00 CrOpen
13 Mar 1998State Bank Of India₹156.81 CrOpen
04 Apr 2005Indian Overseas Bank₹20.47 CrSatisfied

How Many Employees Work at Summer India Textile Mills?

Summer India Textile Mills has a workforce of 72 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Summer India Textile Mills, 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 Summer India Textile Mills'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 Summer India Textile Mills

Recent activity within the organization

  • Annual General Meeting

    Summer India Textile Mills Private Limited last Annual general meeting of members was held on 30 Sep 2016 as per latest MCA records.

    30 Sep 2016

  • Balance Sheet

    Summer India Textile Mills Private Limited has filed its annual Financial statements for the year ended 31 Mar 2016 with Roc Coimbatore.

    31 Mar 2016

  • Charges

    A charge with State Bank Of India amounted to Rs. 35.79 Cr with Charge ID 10310101 was registered on 19 Aug 2011.

    19 Aug 2011

  • Charges

    A charge with State Bank Of India of Rs. 156.81 Cr registered on 13 Mar 1998 with Charge ID 90008556 was modified on 19 Aug 2011.

    19 Aug 2011

  • Charges

    A charge with State Bank Of Patiala amounted to Rs. 15.00 Cr with Charge ID 10249766 was registered on 10 Nov 2010.

    10 Nov 2010

  • Charges

    A charge registered on 04 Apr 2005 via Charge ID 90009345 with Indian Overseas Bank was fully satisfied on 01 Oct 2009.

    01 Oct 2009

Frequently asked questions

  • Summer India Textile Mills Private Limited was incorporated on 09 Oct 1997.

  • The authorized share capital of Summer India Textile Mills Private Limited is ₹ 36.00 Cr and paid-up capital is ₹ 35.16 Cr.

  • Currently 2 directors are associated with Summer India Textile Mills Private Limited.

    • Aasaithambhee Amuthaa
    • Rangasamy Asaithambi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Summer India Textile Mills Private Limited is 176/2Akozhikalnatham Road, Tiruchengode, Namakkal, Tamil Nadu, India, 637211.

  • The corporate identification number (CIN) of Summer India Textile Mills Private Limited is U17111TZ1997PTC008133 and the company number is 008133 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Summer India Textile Mills Private Limited is https://www.summerindia.com

  • According to the financial reports for the fiscal year 2013, the revenue trend for Summer India Textile Mills Private Limited has fallen by -30.44%.

  • As Per 2013 financial reports, 72 employees are currently employed by Summer India Textile Mills Private Limited.

  • The financial reports for the fiscal year 2013 indicates that The net worth of Summer India Textile Mills Private Limited has experienced an downturn of -81.05%.

  • As per the financial statements for fiscal Year 2013, The total open charges for Summer India Textile Mills Private Limited amount to ₹ 207.60 Cr.

  • The most recent Balance Sheet for Summer India Textile Mills Private Limited was filed with the ROC on 31 Mar 2016.

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