Thangavel Fabrics Profile
Key Indicators
- Authorised Capital ₹ 6.00 Cr
as on 17-11-2024
- Paid Up Capital ₹ 6.00 Cr
as on 17-11-2024
- Company Age 19 Year, 11 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 23.69 Cr
as on 17-11-2024
- Satisfied Charges ₹ 71.63 Cr
as on 17-11-2024
- Revenue -41.56%
(FY 2023)
- Profit -59.57%
(FY 2023)
- Ebitda -11.43%
(FY 2023)
- Net Worth 2.39%
(FY 2023)
- Total Assets -11.38%
(FY 2023)
About Thangavel Fabrics
The Corporate was formerly known as Thangavelu Fabrics Private 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 6.00 Cr and a paid-up capital of Rs 6.00 Cr.
The company currently has active open charges totaling ₹23.69 Cr. The company has closed loans amounting to ₹71.63 Cr, as per Ministry of Corporate Affairs (MCA) records.
Arumugagounder Thangavel, Thangavel Vijayaragavan, Jayachandran Thangavel, and One other member serve as directors at the Company.
- CIN/LLPIN
U17115TZ2005PTC011538
- Company No.
011538
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
24 Jan 2005
- Date of AGM
29 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Coimbatore
Industry
Company Details
- Location
Namakkal, Tamil Nadu, India
- Telephone
- Email Address
- Website
-
- Social Media-
Who are the key members and board of directors at Thangavel Fabrics?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Arumugagounder Thangavel  | Managing Director | 24-Jan-2005 | Current |
| Thangavel Vijayaragavan | Managing Director | 24-Jan-2005 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Jayachandran Thangavel | Director | 24-Jan-2005 | Current |
| Thangavel Thangamani | Director | 24-Jan-2005 | Current |
Financial Performance of Thangavel Fabrics.
Thangavel Fabrics Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 41.56% decrease. The company also saw a substantial fall in profitability, with a 59.57% decrease in profit. The company's net worth moved up by a moderate rise of 2.39%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Thangavel Fabrics?
In 2023, Thangavel Fabrics had a promoter holding of 93.33% and a public holding of 6.67%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
₹23.69 Cr
₹71.63 Cr
Charges Breakdown by Lending Institutions
- Canara Bank : 23.67 Cr
- Others : 0.02 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 19 Apr 2023 | Others | ₹0.19 M | Open |
| 29 Mar 2023 | Canara Bank | ₹23.67 Cr | Open |
| 28 Feb 2022 | Others | ₹5.00 M | Satisfied |
| 10 Nov 2017 | Lakshmi Vilas Bank Limited | ₹3.46 Cr | Satisfied |
| 12 Apr 2013 | Tamilnadu Industrial Investment Corporation Limited | ₹2.00 Cr | Satisfied |
How Many Employees Work at Thangavel Fabrics?
Thangavel Fabrics has a workforce of 26 employees as of Apr 08, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Thangavel Fabrics, 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 Thangavel Fabrics's trajectory.
Rating
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
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.