Threads & Colors Textile Confederation Solapur
Textile manufacturing company based in Solapur, Maharashtra, established in 2019.
2019 | Solapur, Maharashtra (India) | Active
Threads & Colors Textile Confederation Solapur Profile
Key Indicators
- Authorised Capital ₹ 1.50 Cr
- Paid Up Capital ₹ 1.36 Cr
- Company Age 5 Year, 7 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 3.23 Cr
- Revenue Growth -34.18%
- Profit Growth -41.46%
- Ebitda
- Net Worth 10.25%
- Total Assets -8.00%
About Threads & Colors Textile Confederation Solapur
Threads & Colors Textile Confederation Solapur (TCTCS) is a Private Not For Profit Company incorporated in India on 07 August 2019 (Five years and seven months 20 days old ). Its registered office is in Solapur, Maharashtra, 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 2024. It's a company limited by shares with an authorized capital of Rs 1.50 Cr and a paid-up capital of Rs 1.36 Cr.
The company currently has active open charges totaling ₹3.23 Cr.
Shankar Jagilam, Loknath Gundeti, Ramesh Bhairi, and Five other members serve as directors at the Company.
Company Details
- Location
Solapur, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U17299PN2019NPL185942
- Company No.
185942
- Company Classification
Private Not For Profit Company
- Incorporation Date
07 Aug 2019
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Pune
Industry
Manufacturing
Who are the key members and board of directors at Threads & Colors Textile Confederation Solapur?
Board Members (8)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Shrinivas Gundeti  | Director | 07-Aug-2019 | Current |
| Shankar Jagilam | Director | 05-Jul-2021 | Current |
| Loknath Gundeti | Director | 05-Jul-2021 | Current |
| Ramesh Bhairi | Director | 05-Jul-2021 | Current |
| Rajesh Goski | Director | 05-Jul-2021 | Current |
| Govind Bura | Director | 07-Aug-2019 | Current |
Financial Performance of Threads & Colors Textile Confederation Solapur.
Threads & Colors Textile Confederation Solapur, for the financial year ended 2023, experienced significant reduction in revenue, with a 34.18% decrease. The company also saw a substantial fall in profitability, with a 41.46% decrease in profit. The company's net worth Soared by an impressive increase of 10.25%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Threads & Colors Textile Confederation Solapur?
In 2023, Threads & Colors Textile Confederation Solapur had a promoter holding of 47.22% and a public holding of 52.78%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
- Glamour Global Limited
Shrinivas Gundeti is a mutual person
- Kanakraj Textiles Private Limited
Shrinivas Gundeti is a mutual person
- Goski International Private Limited
Rajesh Goski is a mutual person
- Well Woven Textiles Private Limited
Govind Bura is a mutual person
Charges (Loans)
Open Charges
₹3.23 Cr
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- Others : 3.23 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 08 Dec 2022 | Others | ₹5.50 M | Open |
| 27 Aug 2021 | Others | ₹2.68 Cr | Open |
How Many Employees Work at Threads & Colors Textile Confederation Solapur?
Unlock and access historical data on people associated with Threads & Colors Textile Confederation Solapur, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Threads & Colors Textile Confederation Solapur, 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 Threads & Colors Textile Confederation Solapur'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.
Latest Updates, News, and FAQs on Threads & Colors Textile Confederation Solapur
Recent activity within the organization
- Annual General Meeting
Threads & Colors Textile Confederation Solapur last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Threads & Colors Textile Confederation Solapur has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.
- Charges
A charge with Others amounted to Rs. 0.55 Cr with Charge ID 100648636 was registered on 08 Dec 2022.
- Charges
A charge with Others amounted to Rs. 2.68 Cr with Charge ID 100474567 was registered on 27 Aug 2021.
- Director Appointment
Shankar Rajmallu Jagilam was appointed as a Director was appointed as a Director on 05 Jul 2021 & has been associated with this company since 3 years 8 months .
- Director Appointment
Loknath Ramchandra Gundeti was appointed as a Director was appointed as a Director on 05 Jul 2021 & has been associated with this company since 3 years 8 months .
Frequently asked questions
What is the Incorporation or founding date of Threads & Colors Textile Confederation Solapur?
Threads & Colors Textile Confederation Solapur was incorporated on 07 Aug 2019.
What is authorized share capital and paid-up capital of Threads & Colors Textile Confederation Solapur?
The authorized share capital of Threads & Colors Textile Confederation Solapur is ₹ 1.50 Cr and paid-up capital is ₹ 1.36 Cr.
Who are the current board members & directors of Threads & Colors Textile Confederation Solapur?
Currently 8 directors are associated with Threads & Colors Textile Confederation Solapur.
- Shankar Rajmallu Jagilam
- Loknath Ramchandra Gundeti
- Ramesh Mallayya Bhairi
- Shrinivas Rajayya Gundeti
- Rajesh Shantaram Goski
- Govind Hanmantu Bura
- Govind Narayandas Zanwar
- Vandana Venugopal Alli
What is the registered address of Threads & Colors Textile Confederation Solapur?
As per Ministry of Corporate Affairs (Mca), the registered address of Threads & Colors Textile Confederation Solapur is Plot No. B- 82 Near Annapurn Adal Mill Midc C. Kati, India, Solapur, Maharashtra, 413255.
What is the corporate identification number (CIN) and company number of Threads & Colors Textile Confederation Solapur?
The corporate identification number (CIN) of Threads & Colors Textile Confederation Solapur is U17299PN2019NPL185942 and the company number is 185942 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Threads & Colors Textile Confederation Solapur?
According to the financial reports for the fiscal year 2023, the revenue trend for Threads & Colors Textile Confederation Solapur has fallen by -34.18%.
What change has been observed in the net worth of Threads & Colors Textile Confederation Solapur, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Threads & Colors Textile Confederation Solapur has experienced an upsurge of 10.25%.
What are the total open charges for Threads & Colors Textile Confederation Solapur?
As per the financial statements for fiscal Year 2023, The total open charges for Threads & Colors Textile Confederation Solapur amount to ₹ 3.23 Cr.
When was the last Balance Sheet of Threads & Colors Textile Confederation Solapur filed with the ROC?
The most recent Balance Sheet for Threads & Colors Textile Confederation Solapur was filed with the ROC on 31 Mar 2024.