Swift Textiles Private Limited

Manufactures and sells garments and hosiery garments.

2020 | Coimbatore, Tamil Nadu (India) | Active
Last Updated: January 01, 2025

Swift Textiles Profile

Key Indicators

  • Authorised Capital ₹ 1.50 Cr
  • Paid Up Capital ₹ 1.25 Cr
  • Company Age 5 Year, 10 Days
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 5.94 Cr
  • Revenue Growth 7.56%
  • Profit Growth 34.13%
  • Ebitda 19.40%
  • Net Worth 32.52%
  • Total Assets -15.48%

About Swift Textiles

Swift Textiles Private Limited (STPL) is a Private Limited Indian Non-Government Company incorporated in India on 18 February 2020 (Five years 10 days old ). Its registered office is in Coimbatore, Tamil Nadu, India.

The Company is engaged in the Fashion And Textile 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 1.50 Cr and a paid-up capital of Rs 1.25 Cr.

The company currently has active open charges totaling ₹5.94 Cr.

Palanisamy Gandhi, Velusamy Revathi, and Ridhan serve as directors at the Company.

Company Details

  • Location

    Coimbatore, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    swiftmerchandise.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17299TZ2020PTC033537

  • Company No.

    033537

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    18 Feb 2020

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Fashion and Textile

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

Financial Performance of Swift Textiles.

Swift Textiles Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 7.56% increase. The company also saw a substantial improvement in profitability, with a 34.13% increase in profit. The company's net worth Soared by an impressive increase of 32.52%.

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
7.56%
Revenue from Operations
5.86%
Total Assets
-15.48%
Profit or Loss
34.13%
Net Worth
32.52%
EBITDA
19.40%

What is the Ownership and Shareholding Structure of Swift Textiles?

Unlock access to Swift 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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹5.94 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Sidbi : 5.77 Cr
  • The South Indian Bank Limited : 0.16 Cr

Latest Charge Details

DateLenderAmountStatus
04 Jun 2024Sidbi₹1.94 CrOpen
25 Nov 2021Sidbi₹5.83 MOpen
24 Nov 2021Sidbi₹1.25 CrOpen
18 Nov 2021The South Indian Bank Limited₹0.68 MOpen
22 Mar 2021Sidbi₹2.00 CrOpen

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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Swift 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 Swift 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 Swift Textiles

Recent activity within the organization

  • Director Appointment

    Ridhan was appointed as a Director was appointed as a Director on 16 Sep 2024 & has been associated with this company since 5 months 13 days .

    16 Sep 2024

  • Charges

    A charge with Sidbi amounted to Rs. 1.94 Cr with Charge ID 100937177 was registered on 04 Jun 2024.

    04 Jun 2024

  • 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

Frequently asked questions

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

    Swift Textiles Private Limited was incorporated on 18 Feb 2020.

  • What is authorized share capital and paid-up capital of Swift Textiles Private Limited?

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

  • Who are the current board members & directors of Swift Textiles Private Limited?

    Currently 3 directors are associated with Swift Textiles Private Limited.

    • Palanisamy Gandhi
    • Velusamy Revathi
    • Ridhan
  • What is the registered address of Swift Textiles Private Limited?

    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, India, Tirupur, Tamil Nadu, 641603.

  • What is the corporate identification number (CIN) and company number of Swift Textiles Private Limited?

    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).

  • What is the official website of Swift Textiles Private Limited?

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

  • What has been the recent revenue trend for Swift Textiles Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Swift Textiles Private Limited has risen by 7.56%.

  • How many employees does Swift Textiles Private Limited currently have?

    As Per 2023 financial reports, 585 employees are currently employed by Swift Textiles Private Limited.

  • What change has been observed in the net worth of Swift Textiles Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Swift Textiles Private Limited has experienced an upsurge of 32.52%.

  • What are the total open charges for Swift Textiles Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Swift Textiles Private Limited amount to ₹ 5.94 Cr.

  • When was the last Balance Sheet of Swift Textiles Private Limited filed with the ROC?

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