Targetknits Private Limited
About Targetknits Private Limited
Data last updated:
Targetknits Private Limited was a private limited company based in Tirupur, Tamil Nadu, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the knitted textile segment of the textiles sector. It was incorporated on 25 May 2017.
The company was registered with the Registrar of Companies (ROC), Coimbatore, under CIN U17309TZ2017PTC028981.
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors including Vadivel Ganeshmaruthachalam (Managing Director) and Palaniappa Chettiar Vadivelu.
Its last annual general meeting (AGM) was held on 05 July 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office was at No.27/16 Kunnathur Road 2nd Street Uthukuli R.S., Tirupur, Tamil Nadu, India – 638752.
As per the financials filed for FY 2019, the company reported a revenue of ₹18.47 Lakh, a growth of 21% compared to the previous year. For the same year it recorded a net loss of ₹71,251 (net margin -3.9%) and EBITDA of -₹71,251 (EBITDA margin -3.9%).
Company details
Contact details
Targetknits Private Limited's registered office is in Tirupur, Tamil Nadu.
- Registered AddressNo.27/16 Kunnathur Road 2nd Street Uthukuli R.S., Tirupur, Tamil Nadu, India – 638752
- IndustryTextile, Knitted Textile, Manufacturing
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Targetknits is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Targetknits Private Limited, buy the company report.
Financials of Targetknits Private Limited
FY 2019 filings availableTargetknits Private Limited reported revenue of ₹18.47 Lakh (up 21% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue rose 21% in the latest year. EBITDA fell 321% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2018-19 | FY 2017-18 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ||
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
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| Depreciation and Amortisation | ||
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| Total Expenses | ||
| EBITDA | -₹71,251 | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹71,251 | |
| Balance Sheet | ||
| Share Capital | ||
| Reserves and Surplus | ||
| Net Worth (Total Equity) | ||
| Long-term Borrowings | ||
| Short-term Borrowings | ||
| Trade Payables | ||
| Total Liabilities | ||
| Fixed Assets | ||
| Investments | ||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -3.9% | |
| Net Profit Margin | -3.9% | |
| Return on Equity (ROE) | ||
| Return on Capital Employed (ROCE) | ||
| Return on Assets (ROA) | ||
| Liquidity and Debt | ||
| Current Ratio | ||
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| Efficiency and Growth | ||
| Asset Turnover | ||
| Receivable Days | ||
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| Inventory Days | ||
| Revenue Growth | ||
| Net Profit Growth | ||
To see the full financial statements and ratios of Targetknits Private Limited, buy the company report.
Board of directors of Targetknits Private Limited
Targetknits has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Palaniappa Chettiar Vadivelu | Director | 25 May 2017 | 9 Years 5 Months | As last reported |
| Murugeshan Ramya | Director | 25 May 2017 | 9 Years 5 Months | As last reported |
| Vadivel Ganeshmaruthachalam | Managing Director | 25 May 2017 | 9 Years 5 Months | As last reported |
Peer comparison
Targetknits Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Axis Polymers Private Limited | ₹18.6 Lakh (FY 2025) | 51.0% | New Delhi, Delhi, India | |||
| Hopesy Entrepreneurs Private Limited | ₹18.6 Lakh (FY 2023) | 424.0% | Palanpur, Gujarat, India | |||
| Arihant Wooltex Private Limited | ₹18.58 Lakh (FY 2024) | 81.0% | Bikaner, Rajasthan, India | |||
| Kam Garments Private Limited | ₹18.49 Lakh (FY 2024) | -80.0% | Mumbai, Maharashtra, India | |||
| Kikani Knitfab Private Limited | ₹18.48 Lakh (FY 2025) | Coimbatore, Tamil Nadu, India | ||||
| Targetknits Private Limitedthis company | ₹18.47 Lakh (FY 2019) | -₹71,251 | -3.9% | 21.0% | Tirupur, Tamil Nadu, India | |
| Parakh Fabrics Pvt Ltd | ₹18.47 Lakh (FY 2025) | 37.0% | Indore, Madhya Pradesh, India | |||
| TNFC Private Limited | ₹18.44 Lakh (FY 2024) | 476.0% | Kolkata, West Bengal, India | |||
| Kamalpushap Fashions Private Limited | ₹18.41 Lakh (FY 2025) | -51.0% | Kolkata, West Bengal, India | |||
| Shruthi Silks Private Limited | ₹18.39 Lakh (FY 2022) | -56.0% | Bangalore, Karnataka, India | |||
| Deepak Woollens Private Limited | ₹18.38 Lakh (FY 2024) | -59.0% | Indore, Madhya Pradesh, India |
To see the full peer comparison of Targetknits Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Targetknits Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Targetknits Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Targetknits Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Targetknits Private Limited has 4 board changes on record since 2017: 3 appointments and 1 cessation. The latest: Rajendran Thiagarajan ceased to be Director on 11 Sep 2019.
Frequently asked questions
Targetknits has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Targetknits was a private limited company based in Tirupur, Tamil Nadu, India. The company worked in knitted textile, within the textile industry. It was incorporated on 25 May 2017 and is registered under CIN U17309TZ2017PTC028981. The company has been struck off by the Registrar of Companies and is no longer operational.
Targetknits had 3 directors:
- Vadivel Ganeshmaruthachalam - Managing Director
- Palaniappa Chettiar Vadivelu - Director
- Murugeshan Ramya - Director
The CIN (Corporate Identification Number) of Targetknits is U17309TZ2017PTC028981. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Targetknits is at No.2716 Kunnathur Road 2nd Street Uthukuli R.S., Tirupur, Tamil Nadu, India – 638752.
Targetknits was incorporated on 25 May 2017. It is registered with the Registrar of Companies, Coimbatore.
The latest financial statements of Targetknits on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 05 July 2019. Year-wise statements from FY 2018 are in the company report.
Targetknits operated in the textile industry, in the knitted textile segment. It worked in this industry before it was struck off.
The peers of Targetknits by revenue are Axis Polymers Private Limited, Hopesy Entrepreneurs Private Limited, Arihant Wooltex Private Limited, Kam Garments Private Limited, Kikani Knitfab Private Limited and 5 more, all in the same principal business activity (textile, leather and other apparel products).
Rajendran Thiagarajan ceased to be Director on 11 Sep 2019. Murugeshan Ramya was appointed as Director on 25 May 2017. Palaniappa Chettiar Vadivelu was appointed as Director on 25 May 2017. Targetknits has 4 board changes on record in total.
The compliance status of Targetknits is compliant as of 02 July 2026.
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