Tirupur Textiles Profile
Key Indicators
- Authorised Capital ₹ 9.00 M
- Paid Up Capital ₹ 9.00 M
- Company Age 69 Year, 15 Days
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 66.65 Cr
- Satisfied Charges ₹ 257.14 Cr
- Revenue Growth -31.61%
- Profit Growth -99.19%
- Ebitda -77.65%
- Net Worth 0.32%
- Total Assets 0.76%
About Tirupur Textiles
Tirupur Textiles Private Limited (TTPL) was founded in India on 19 January 1956 and has a glorious history of 69 years . Its registered office is in Coimbatore, 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 2024. It's a company limited by shares with an authorized capital of Rs 9.00 M and a paid-up capital of Rs 9.00 M.
The company currently has active open charges totaling ₹66.65 Cr. The company has closed loans amounting to ₹257.14 Cr, as per Ministry of Corporate Affairs (MCA) records.
Kasthuriswamynaidu Chelladurai, Sivasubramaniam Vijaykrishna, Krishnaswamy Devarajan, and One other member serve as directors at the Company.
Company Details
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Location
Coimbatore, Tamil Nadu, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U17111TZ1956PTC000231
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Company No.
000231
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
19 Jan 1956
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Date of AGM
30 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Coimbatore
Industry
Who are the key members and board of directors at Tirupur Textiles?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sivasubramaniam Vijaykrishna
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Managing Director | 07-Jan-1985 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
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Kasthuriswamynaidu Chelladurai
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Whole-Time Director | 18-Feb-2002 | Current |
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Krishnaswamy Devarajan
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Director | 31-Mar-2021 | Current |
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Narayanasamy
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Director | 31-Mar-2021 | Current |
Financial Performance of Tirupur Textiles.
Tirupur Textiles Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 31.61% decrease. The company also saw a substantial fall in profitability, with a 99.19% decrease in profit. The company's net worth moved up by a moderate rise of 0.32%.
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What is the Ownership and Shareholding Structure of Tirupur Textiles?
In 2023, Tirupur Textiles had a promoter holding of 93.32% and a public holding of 6.68%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Sovereign Engineers Private LimitedKasthuriswamynaidu Chelladurai is a mutual person
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Sadhana Spinners LimitedKasthuriswamynaidu Chelladurai is a mutual person
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Tirupur Travels Private Limited
Kasthuriswamynaidu Chelladurai and Sivasubramaniam Vijaykrishna are mutual person
Charges (Loans)
₹666.50 M
₹2,571.36 M
Charges Breakdown by Lending Institutions
- Others : 33.65 Cr
- State Bank Of India : 20.00 Cr
- Hdfc Bank Limited : 13.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 13 Sep 2023 | Hdfc Bank Limited | ₹13.00 Cr | Open |
| 04 Jan 2023 | Others | ₹33.65 Cr | Open |
| 30 Nov 2022 | State Bank Of India | ₹20.00 Cr | Open |
| 24 Nov 2023 | Others | ₹7.50 Cr | Satisfied |
| 31 Mar 2021 | Others | ₹10.33 Cr | Satisfied |
How Many Employees Work at Tirupur Textiles?
Tirupur Textiles has a workforce of 571 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Tirupur 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 Tirupur Textiles'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.
