Swift Textiles Private Limited logo

Swift Textiles Private Limited

Manufactures and sells garments and hosiery garments.
2020 | Tirupur, Tamil Nadu (India) | Active

Last Updated:

July 03, 2024
HomeCompanySwift Textiles Private Limited

Who are the key members and board of directors at Swift Textiles?

Board Members(2)

NameDesignationAppointment DateStatus
Velusamy Revathi In Director 18-Feb-2020Current
Palanisamy Gandhi In Director 18-Feb-2020Current

Financial Performance of Swift Textiles.

Swift Textiles Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 318.44% increase. The company also saw a substantial improvement in profitability, with a 353.51% increase in profit. The company's net worth Soared by an impressive increase of 198.42%.

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  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
318.44%
Revenue from Operations
316.40%
Total Assets
99.96%
Profit or Loss
353.51%
Net Worth
198.42%
EBITDA
473.39%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges

₹3.99 Cr

LenderAmountStatus

Sidbi

Creation Date: 25 Nov 2021
₹5.83 MOpen

Sidbi

Creation Date: 24 Nov 2021
₹1.25 CrOpen

The South Indian Bank Limited

Creation Date: 18 Nov 2021
₹0.68 MOpen

How Many Employees Work at Swift Textiles?

Swift Textiles has a workforce of 585 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.

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Latest Updates, News, and FAQs on Swift Textiles

Recent activity within the organization

  • Annual General Meeting

    Swift Textiles Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

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

    31 Mar 2023

  • Charges

    A charge with Sidbi amounted to Rs. 0.58 Cr with Charge ID 100503929 was registered on 25 Nov 2021.

    25 Nov 2021

  • Charges

    A charge with Sidbi amounted to Rs. 1.25 Cr with Charge ID 100502639 was registered on 24 Nov 2021.

    24 Nov 2021

  • Charges

    A charge with The South Indian Bank Limited amounted to Rs. 0.07 Cr with Charge ID 100506381 was registered on 18 Nov 2021.

    18 Nov 2021

  • Charges

    A charge with Sidbi amounted to Rs. 2.00 Cr with Charge ID 100426230 was registered on 22 Mar 2021.

    22 Mar 2021

Frequently asked questions

  • Swift Textiles Private Limited was incorporated on 18 Feb 2020.

  • The authorized share capital of Swift Textiles Private Limited is ₹ 1.50 Cr and paid-up capital is ₹ 1.25 Cr.

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

    • Velusamy Revathi
    • Palanisamy Gandhi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Swift Textiles Private Limited is Sf No.200 Iris Gardens Ranganathapuram Sirupooluvapatti Main Road, Tirupur, Tamil Nadu, India, 641603.

  • The corporate identification number (CIN) of Swift Textiles Private Limited is U17299TZ2020PTC033537 and the company number is 033537 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Swift Textiles Private Limited is https://www.swiftmerchandise.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Swift Textiles Private Limited has risen by 318.44%.

  • As Per 2022 financial reports, 585 employees are currently employed by Swift Textiles Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Swift Textiles Private Limited has experienced an upsurge of 198.42%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Swift Textiles Private Limited amount to ₹ 3.99 Cr.

  • The most recent Balance Sheet for Swift Textiles Private Limited was filed with the ROC on 31 Mar 2023.

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