Tirumala Finetex Private Limited

This company manufactures air texturised yarn and fabric with a capacity of 3.5 lakh meters per month.

1993 | Surat, Gujarat (India) | Active
Last Updated:

Tirumala Finetex Profile

Key Indicators

  • Authorised Capital ₹ 1.40 Cr
  • Paid Up Capital ₹ 1.26 Cr
  • Company Age 31 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 20.04 Cr
  • Satisfied Charges ₹ 14.19 Cr
  • Revenue Growth 5.53%
  • Profit Growth 107.13%
  • Ebitda 4.09%
  • Net Worth 16.22%
  • Total Assets 5.43%

About Tirumala Finetex

Tirumala Finetex Private Limited (TFPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 22 December 1993 and has a history of 31 years and two months. Its registered office is in Surat, Gujarat, 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 1.40 Cr and a paid-up capital of Rs 1.26 Cr.

The company currently has active open charges totaling ₹20.04 Cr. The company has closed loans amounting to ₹14.19 Cr, as per Ministry of Corporate Affairs (MCA) records.

Vikash Saharia and Himanshu Mittal serve as directors at the Company.

Company Details

  • Location

    Surat, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    mittalgroup.biz

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17110GJ1993PTC020909

  • Company No.

    020909

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    22 Dec 1993

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Manufacturing

Who are the key members and board of directors at Tirumala Finetex?

Executive Team (1)

NameDesignationAppointment DateStatus
Vikash Saharia Country flag representing In Managing Director01-May-2007Current

Board Members (1)

NameDesignationAppointment DateStatus
Himanshu Mittal Country flag representing In Director 01-Jul-2022Current

Financial Performance of Tirumala Finetex.

Tirumala Finetex Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 5.53% increase. The company also saw a substantial improvement in profitability, with a 107.13% increase in profit. The company's net worth Soared by an impressive increase of 16.22%.

Tirumala Finetex revenue growth over time
Tirumala Finetex 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
5.53%
Revenue from Operations
5.85%
Total Assets
5.43%
Profit or Loss
107.13%
Net Worth
16.22%
EBITDA
4.09%

What is the Ownership and Shareholding Structure of Tirumala Finetex?

In 2023, Tirumala Finetex had a promoter holding of 46.09% and a public holding of 53.91%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹20.04 Cr

Satisfied Charges

₹14.19 Cr

Charges Breakdown by Lending Institutions

  • Others : 11.89 Cr
  • The Cosmos Co-Operative Bank Ltd : 8.15 Cr

Latest Charge Details

DateLenderAmountStatus
01 Jul 2020Others₹6.00 MOpen
23 Feb 2018Others₹1.57 CrOpen
05 Jan 2016Others₹9.72 CrOpen
19 Dec 2015The Cosmos Co-Operative Bank Ltd₹8.15 CrOpen
15 Feb 2007State Bank Of India₹7.84 CrSatisfied

How Many Employees Work at Tirumala Finetex?

Tirumala Finetex has a workforce of 17 employees as of Apr 04, 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.

Employee growth trends for Tirumala Finetex Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Tirumala Finetex, 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 Tirumala Finetex'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 Tirumala Finetex

Recent activity within the organization

  • Annual General Meeting

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

  • Balance Sheet

    Tirumala Finetex Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

  • Director Appointment

    Himanshu Vikash Mittal was appointed as a Director was appointed as a Director on 01 Jul 2022 & has been associated with this company since 2 years 8 months .

  • Charges

    A charge with Others amounted to Rs. 0.60 Cr with Charge ID 100347746 was registered on 01 Jul 2020.

  • Charges

    A charge with Others amounted to Rs. 1.57 Cr with Charge ID 100157547 was registered on 23 Feb 2018.

  • Charges

    A charge with Others of Rs. 9.72 Cr registered on 05 Jan 2016 with Charge ID 10614187 was modified on 23 Feb 2018.

Frequently asked questions

  • What is the Incorporation or founding date of Tirumala Finetex Private Limited?

    Tirumala Finetex Private Limited was incorporated on 22 Dec 1993.

  • What is authorized share capital and paid-up capital of Tirumala Finetex Private Limited?

    The authorized share capital of Tirumala Finetex Private Limited is ₹ 1.40 Cr and paid-up capital is ₹ 1.26 Cr.

  • Who are the current board members & directors of Tirumala Finetex Private Limited?

    Currently 2 directors are associated with Tirumala Finetex Private Limited.

    • Vikash Saharia
    • Himanshu Vikash Mittal

  • What is the registered address of Tirumala Finetex Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Tirumala Finetex Private Limited is Plot No.90 Mollvand Road Village: Karanj Taluka: Mandvi, Surat, Gujarat, India, 394160.

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

    The corporate identification number (CIN) of Tirumala Finetex Private Limited is U17110GJ1993PTC020909 and the company number is 020909 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Tirumala Finetex Private Limited?

    The Official website of Tirumala Finetex Private Limited is https://www.mittalgroup.biz

  • What has been the recent revenue trend for Tirumala Finetex Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Tirumala Finetex Private Limited has risen by 5.53%.

  • How many employees does Tirumala Finetex Private Limited currently have?

    As Per 2023 financial reports, 17 employees are currently employed by Tirumala Finetex Private Limited.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Tirumala Finetex Private Limited has experienced an upsurge of 16.22%.

  • What are the total open charges for Tirumala Finetex Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Tirumala Finetex Private Limited amount to ₹ 20.04 Cr.

  • When was the last Balance Sheet of Tirumala Finetex Private Limited filed with the ROC?

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

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