About Classic Knits India Private Limited
Data last updated:
Classic Knits India Private Limited is a private limited company based in Tirupur, Tamil Nadu, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 28 January 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U18101TZ2010PTC015783. Its GSTIN is 33AADCC8765G1ZK (Tamil Nadu). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹16 Cr and a paid-up capital of ₹1 Cr. It is led by directors Pudhuvalasu Nallasamy Padmanabhan and Pudhuvalasu Nallasamy Kumaresan.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 43 Jayalakshmi Ginning Factory Compound Alangadu Mangalam Road, Tirupur, Tamil Nadu, India – 641604.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.23 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹1.24 Cr (net margin 38.2%) and EBITDA of ₹2.27 Cr (EBITDA margin 70.2%).
The company has about 6 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹45.26 Cr and satisfied charges of ₹82.55 Cr on record. Court records list 32 cases involving the company, including 22 filed by the company and 10 filed against it; 5 cases are pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website classicknits.co.in.
Company details
Contact details
Classic Knits India Private Limited's registered office is in Tirupur, Tamil Nadu. Its website is classicknits.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address43 Jayalakshmi Ginning Factory Compound Alangadu Mangalam Road, Tirupur, Tamil Nadu, India – 641604
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Classic Knits India Private Limited, buy the company report.
- 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
Financials of Classic Knits India Private Limited
FY 2024 filings availableClassic Knits India Private Limited reported revenue of ₹3.23 Cr (up 2578% YoY) for FY 2024.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹2.27 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.24 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 70.2% | ||||
| Net Profit Margin | 38.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Classic Knits India Private Limited, buy the company report.
Board of directors of Classic Knits India Private Limited
Classic Knits India has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pudhuvalasu Nallasamy Padmanabhan | Director | 27 Dec 2022 | 3 Years 10 Months | Current |
| Pudhuvalasu Nallasamy Kumaresan | Director | 27 Dec 2022 | 3 Years 10 Months | Current |
Peer comparison
Classic Knits India Private Limited is compared with the 6 companies closest to it by revenue in the Manufacturing industry (Textiles), with 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 |
|---|---|---|---|---|---|---|
| Blaze Polypacks (India) Private Limited | ₹3.24 Cr (FY 2024) | 436334.0% | Kozhikode, Kerala, India | |||
| Sri Singhal Foams Private Limited | ₹3.23 Cr (FY 2025) | -51.0% | Patna, Bihar, India | |||
| Classic Knits India Private Limitedthis company | ₹3.23 Cr (FY 2024) | ₹1.24 Cr | 38.2% | 2578.0% | 6 | Tirupur, Tamil Nadu, India |
| Chandramani Pvt Ltd | ₹3.23 Cr (FY 2025) | -20.0% | New Delhi, Delhi, India | |||
| Looks Apparels Private Limited | ₹3.23 Cr (FY 2024) | 10.0% | New Delhi, Delhi, India | |||
| Rajkamal Clothing & Processing (India) Private Limited | ₹3.23 Cr (FY 2023) | 23.0% | Burhanpur, Madhya Pradesh, India | |||
| Manidhari Textiles Private Limited | ₹3.23 Cr (FY 2025) | 53.0% | Pali, Rajasthan, India |
To see the full peer comparison of Classic Knits India Private Limited, buy the company report.
Shareholding
The shareholding of Classic Knits India Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Classic Knits India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Mar 2011 | 10288598 | Others | ₹45.26 Cr | Open | |
| 26 Jun 2018 | 100234149 | Canara Bank | ₹10 Cr | Satisfied | |
| 22 Apr 2013 | 10426963 | Idbi Bank Limited | ₹22 Cr | Satisfied | |
| 01 Dec 2011 | 10324831 | State Bank of India | ₹33 Cr | Satisfied | |
| 27 Jul 2011 | 10307693 | The South Indian Bank Limited | ₹1.16 Cr | Satisfied |
To see the full charge records of Classic Knits India Private Limited, buy the company report.
Total charge records: 7 View all charges
Legal cases
Classic Knits India Private Limited has 32 court cases on record: 22 filed by Classic Knits India, 10 filed against it. 5 cases are pending and 27 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 22 | 2 | 1 |
| NCLAT | 6 | 6 | 4 |
| District courts | 4 | 2 | 0 |
Cases on record (5 of 32)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Madras High Court | Civil miscellaneous application | Filed against the company by an individual | Pending |
| NCLAT, Court I | Tribunal matter | Filed against the company by Employees Provident Fund Organisation Regional Office | Pending |
| NCLAT, Court I | Tribunal matter | Filed against the company by Employees Provident Fund Organisation Regional Office | Disposed |
| High Court, TAMIL NADU | Writ petition | Filed by the company against The Superintendent of GST and Central Excise and 1 other | Disposed |
| High Court, TAMIL NADU | Interim or miscellaneous application | Filed by the company against The Superintendent of GST and Central Excise and 1 other | Disposed |
To see the full case history of Classic Knits India Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
Classic Knits India Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 52 overdue payments to 52 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 52)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Prem Steels | |||
| Mahalakshmi Paper Stores | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Classic Knits India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Classic Knits India Private Limited has a workforce of 6 employees on its EPFO records as of Apr 05, 2024, across 4 active EPFO establishments.
GST
Classic Knits India has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AADCC8765G1ZK | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Classic Knits India Private Limited, buy the company report.
Recent activity
Classic Knits India Private Limited has 10 board changes on record since 2010: 6 appointments and 4 cessations. The latest: Goutham Shanmugam ceased to be Director on 28 Dec 2022.
18 earlier events are in the company report.
Frequently asked questions
Classic Knits India is an active private limited company based in Tirupur, Tamil Nadu, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 28 January 2010 (16+ years old) and is registered under CIN U18101TZ2010PTC015783.
Classic Knits India has 2 current directors:
- Pudhuvalasu Nallasamy Padmanabhan - Director
- Pudhuvalasu Nallasamy Kumaresan - Director
The latest financial statements of Classic Knits India on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Classic Knits India is 33AADCC8765G1ZK, registered in Tamil Nadu. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Classic Knits India is U18101TZ2010PTC015783. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Classic Knits India has 32 court cases on record: 22 filed by the company and 10 filed against it. 5 are pending. Most are in the high courts.
Classic Knits India was incorporated on 28 January 2010, making it 16+ years old. It is registered with the Registrar of Companies, Coimbatore.
The peers of Classic Knits India by revenue are Blaze Polypacks (India) Private Limited, Sri Singhal Foams Private Limited, Chandramani Pvt Ltd, Looks Apparels Private Limited, Rajkamal Clothing & Processing (India) Private Limited and 1 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Goutham Shanmugam ceased to be Director on 28 Dec 2022. Shanmugam Parvathavarthini ceased to be Managing Director on 28 Dec 2022. Pudhuvalasu Nallasamy Kumaresan was appointed as Director on 27 Dec 2022. Classic Knits India has 10 board changes on record in total.
Classic Knits India has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 52 overdue payments to 52 micro and small suppliers. The latest return was filed on 31 May 2019.
Classic Knits India can be reached through the website classicknits.co.in. Its registered office is in Tirupur, Tamil Nadu, India.
The registered office of Classic Knits India is at 43 Jayalakshmi Ginning Factory Compound Alangadu Mangalam Road, Tirupur, Tamil Nadu, India – 641604.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
