Tarak Textiles Private Limited

Wholesale trading of textiles, incorporated in 2018 with registered office in Tamil Nadu.

2018 | Anna Nagar, Tamil Nadu (India) | Active
Last Updated: June 16, 2024

Tarak Textiles Profile

Key Indicators

  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 1.00 Cr
  • Company Age 6 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 59.10 Cr
  • Satisfied Charges ₹ 3.00 M
  • Revenue Growth -5.51%
  • Profit Growth -200.69%
  • Ebitda -15.58%
  • Net Worth 229.44%
  • Total Assets 3.01%

About Tarak Textiles

Tarak Textiles Private Limited (TTPL) is a Private Limited Indian Non-Government Company incorporated in India on 13 December 2018 (Six years and two months 12 days old ). Its registered office is in Anna Nagar, Tamil Nadu, India.

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 3.00 Cr and a paid-up capital of Rs 1.00 Cr.

The company currently has active open charges totaling ₹59.10 Cr. The company has closed loans amounting to ₹3.00 M, as per Ministry of Corporate Affairs (MCA) records.

Kondrakunta Bandhavi, Ravela Narayana, Peravali Raghavarao, and Two other members serve as directors at the Company.

Company Details

  • Location

    Anna Nagar, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17299TN2018PTC126323

  • Company No.

    126323

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    13 Dec 2018

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Manufacturing

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

Board Members (5)

NameDesignationAppointment DateStatus
Kondrakunta Bandhavi Country flag representing In Director Current
Ravela Narayana Country flag representing In Director 22-Mar-2019Current
Peravali Raghavarao Country flag representing In Director 22-Mar-2019Current
Danda Brahmanandam Country flag representing In Director 22-Mar-2019Current
Javvaji Ramanjaneyulu Country flag representing In Director 13-Dec-2018Current

Financial Performance of Tarak Textiles.

Tarak Textiles Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 5.51% decrease. The company also saw a substantial fall in profitability, with a 200.69% decrease in profit. The company's net worth Soared by an impressive increase of 229.44%.

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
-5.51%
Revenue from Operations
-5.49%
Total Assets
3.01%
Profit or Loss
-200.69%
Net Worth
229.44%
EBITDA
-15.58%

What is the Ownership and Shareholding Structure of Tarak Textiles?

In 2023, Tarak Textiles had a promoter holding of 23.00% and a public holding of 77.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹59.10 Cr

Satisfied Charges

₹0.30 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 59.10 Cr

Latest Charge Details

DateLenderAmountStatus
26 Apr 2022Hdfc Bank Limited₹4.26 CrOpen
29 Mar 2022Hdfc Bank Limited₹3.40 MOpen
06 Mar 2021Hdfc Bank Limited₹23.00 CrOpen
02 Jun 2020Hdfc Bank Limited₹31.50 CrOpen
30 Oct 2021Others₹3.00 MSatisfied

How Many Employees Work at Tarak Textiles?

Tarak Textiles has a workforce of 64 employees as of Mar 28, 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 Tarak 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 Tarak 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 Tarak Textiles

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Charges

    A charge with Hdfc Bank Limited of Rs. 23.00 Cr registered on 06 Mar 2021 with Charge ID 100426408 was modified on 21 Jul 2023.

    21 Jul 2023

  • Balance Sheet

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

    31 Mar 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 4.26 Cr with Charge ID 100569719 was registered on 26 Apr 2022.

    26 Apr 2022

  • Charges

    A charge registered on 30 Oct 2021 via Charge ID 100506746 with Others was fully satisfied on 31 Mar 2022.

    31 Mar 2022

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.34 Cr with Charge ID 100562683 was registered on 29 Mar 2022.

    29 Mar 2022

Frequently asked questions

  • Tarak Textiles Private Limited was incorporated on 13 Dec 2018.

  • The authorized share capital of Tarak Textiles Private Limited is ₹ 3.00 Cr and paid-up capital is ₹ 1.00 Cr.

  • Currently 5 directors are associated with Tarak Textiles Private Limited.

    • Kondrakunta Lakshmi Bandhavi
    • Ravela Satya Narayana
    • Peravali Raghavarao
    • Danda Brahmanandam
    • Javvaji Ramanjaneyulu
  • As per Ministry of Corporate Affairs (Mca), the registered address of Tarak Textiles Private Limited is No 137/8 3B Third Floor 2Nd Avenue Ac Block , Anna Nagar, Tamil Nadu, India, 600040.

  • The corporate identification number (CIN) of Tarak Textiles Private Limited is U17299TN2018PTC126323 and the company number is 126323 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Tarak Textiles Private Limited has fallen by -5.51%.

  • As Per 2023 financial reports, 64 employees are currently employed by Tarak Textiles Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Tarak Textiles Private Limited has experienced an upsurge of 229.44%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Tarak Textiles Private Limited amount to ₹ 59.10 Cr.

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