Sundaram Textiles Private Limited logo

Sundaram Textiles Private Limited

Textile company manufacturing cotton yarn, with mills in Tamilnadu and Madurai, exporting to multiple countries.

1960 Madurai, Tamil Nadu (India) Active

About

Basic Data Updated:

2 months ago
Sundaram Textiles Private Limited (STPL) was founded in India on 30 November 1960 and has a glorious history of 63 years and nine months. Its registered office is in Madurai, Tamil Nadu, India.

The Corporate was formerly known as Sundaram Textiles Limited. 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 85.00 Lakh and a paid-up capital of Rs 45.00 Lakh.

The Corporate currently has active open charges totaling ₹50.39 cr. It has already closed loans amounting to ₹117.38 cr, as per the Ministry of Corporate Affairs (MCA) records.

Mridula Ramesh, Krishnamachari Srinivasan, and Ramesh Soumini serve as directors at the Company.

Industry

Company Details

  • Location

    Madurai, Tamil Nadu, India

  • Website
    12224421
  • Telephone
    12224421
  • Email Address
    12224421
  • Social Media
    12224421
CIN/LLPIN/FCRNU17111TN1960PTC004340
Company No.004340
Company ClassificationPrivate Limited Indian Non-Government Company
Incorporation Date30 Nov 1960
Date of AGM29 Sep 2023
Date of Balance Sheet31 Mar 2023
Listing StatusUnlisted
ROC CodeRoc Chennai

Products or Services related to Sundaram Textiles Private Limited

Mercerized And Gassed Yarns

Mercerized Yarn

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Sundaram Textiles Private Limited offers a wide range of products and services, including: Yarn, Mercerized Yarn.

Financials of Sundaram Textiles Private Limited

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Sundaram Textiles Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 60.5% increase. The company also saw a substantial improvement in profitability, with a 615.03% increase in profit. The company's net worth Soared by an impressive increase of 46.6%.

Corporate Structure

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Unlock access to Sundaram Textiles's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

People in Sundaram Textiles Private Limited

Executive Team (1)

  • RS

    Ramesh Soumini In Managing Director

    Appointment Date: 20-Sep-2000

    Status: Current

Board Members(2)

Charges (Loans)

Open Charges Satisfied Charges

₹5,039.47 Lakh

₹11,737.94 Lakh

LenderAmountStatus

Canara Bank

Creation Date: 13 Sep 2019
₹2.50 MOpen

Canara Bank

Creation Date: 21 Jun 2014
₹1.98 MOpen

Canara Bank

Creation Date: 29 Apr 2014
₹0.74 MOpen

Deals i

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Gain comprehensive insights into the Deals and Valuation data of Sundaram 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 Sundaram Textiles's trajectory.

Rating

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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.

Alert

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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.

Related Corporates (Common Directorship)

  • The Cotton Textiles Export Promotion Council

    The Cotton Textiles Export Promotion Council

    Active build-icon 69 years 11 months

    Mridula Ramesh is a mutual person

  • Sundaram Transtech Solutions Private Limited

    Sundaram Transtech Solutions Private Limited

    Active build-icon 8 years 3 months

    Mridula Ramesh is a mutual person

  • Dattatreya Textiles Private Limited

    Dattatreya Textiles Private Limited

    Active build-icon 41 years 11 months

    Mridula Ramesh and Ramesh Soumini are mutual person

  • Confederation Of Indian Textile Industry

    Confederation Of Indian Textile Industry

    Active build-icon 57 years 7 months

    Mridula Ramesh is a mutual person

  • Athreya Textiles Private Limited

    Athreya Textiles Private Limited

    Active build-icon 26 years 5 months

    Mridula Ramesh and Ramesh Soumini are mutual person

  • Sundaram Climate Institute Private Limited

    Sundaram Climate Institute Private Limited

    Active build-icon 5 years 3 months

    Mridula Ramesh is a mutual person

Recent activity within the organization

  • Activity

    Annual General Meeting

    Sundaram Textiles Private Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

    29 Sep 2023
  • Activity

    Balance Sheet

    Sundaram Textiles Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023
  • Activity

    Director Appointment

    Krishnamachari Srinivasan was appointed as a Director was appointed as a Director on 16 Apr 2022 & has been associated with this company since 2 years 5 months .

    16 Apr 2022
  • Activity

    Charges

    A charge with Canara Bank of Rs. 4,661.50 Lakh registered on 23 Mar 1978 with Charge ID 90293388 was modified on 16 Nov 2021.

    16 Nov 2021
  • Activity

    Charges

    A charge with Canara Bank amounted to Rs. 25.00 Lakh with Charge ID 100288890 was registered on 13 Sep 2019.

    13 Sep 2019

Frequently asked questions

What is the Incorporation or founding date of Sundaram Textiles Private Limited?

Sundaram Textiles Private Limited was incorporated 63 years 9 months ago on 30 Nov 1960 with Registrar of Companies Roc Chennai.

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