MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-TN-07-0040577
Erode Textile Mall Private Limited - home & lifestyle in Erode, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹7.29 Cr
▼ 7% YoY
Net loss · FY 2024
₹4.27 Cr
Net margin -58.6%
EBITDA · FY 2024
-₹75.18 Lakh
EBITDA margin -10.3%
Authorised capital
₹50 Cr
Registered with MCA
Paid-up capital
₹48 Cr
Issued & subscribed
Open charges
₹242.05 Cr
Secured borrowings
Company age
17 yrs
Est. 2009
Employees · EPFO
55
Provident fund records
About Erode Textile Mall Private Limited
Data last updated:
Erode Textile Mall Private Limited is a private limited company based in Erode, Tamil Nadu, India, a subsidiary of Texvalley Market Limited. It operates in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 06 January 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U74999TZ2009PTC014968. Its GSTIN is 33AACCE1718J1ZX (Tamil Nadu).
The company has an authorised share capital of ₹50 Cr and a paid-up capital of ₹48 Cr. It was formerly known as Erode Textile Mall Limited. It is led by directors including Periyaswamy Raajashekar (Managing Director) and Devarajan Chinnusamy.
Its last annual general meeting (AGM) was held on 30 December 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at No.37 Tvs Lotus Building I Floor Sathy Road Veerappan Chathiram, Erode, Tamil Nadu, India – 638003.
As per the financials filed for FY 2024, the company reported a revenue of ₹7.29 Cr, a decline of 7% compared to the previous year. For the same year it recorded a net loss of ₹4.27 Cr (net margin -58.6%) and EBITDA of -₹75.18 Lakh (EBITDA margin -10.3%). Revenue has grown at a compounded annual rate (CAGR) of 23% over three years.
The company has about 55 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: Texvalley. As per MCA filings, the company has open charges of ₹242.05 Cr on record. Court records list 2 cases involving the company, including 2 filed against it.
Erode Textile Mall Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-07-0040577). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website texvalleyindia.com.
Company details
CIN U74999TZ2009PTC014968
Registration Number 014968
Incorporation Date 06 January 2009
ROC Coimbatore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 December 2024
Date of Balance Sheet 31 March 2024
Parent Company Texvalley Market Limited
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-TN-07-0040577
CIN history
Erode Textile Mall has one previous CIN (Corporate Identification Number): U74999TZ2009PLC014968. The current CIN is U74999TZ2009PTC014968, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74999TZ2009PTC014968 | Current |
| U74999TZ2009PLC014968 | Previous |
Key People
Periyaswamy Raajashekar Managing Director Devarajan Chinnusamy Director Dhanalakshmi Periaswamy Kumar Director Recognitions & Rankings of Erode Textile Mall
Contact details
Erode Textile Mall Private Limited's registered office is in Erode, Tamil Nadu. Its website is texvalleyindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo.37 Tvs Lotus Building I Floor Sathy Road Veerappan Chathiram, Erode, Tamil Nadu, India – 638003
- IndustryHome & Lifestyle, Textile Retail & Distribution
To see the full contact details of Erode Textile Mall Private Limited, buy the company report.
Comprehensive company report
Erode Textile Mall Private Limited - one report that includes everything
- 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
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Brands
Erode Textile Mall operates one associated brand: Texvalley. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Online B2B marketplace platform for trading multi-category products. | texvalleyb2b.in |
Business activity
The main business activity of Erode Textile Mall is support service to organizations. In detail, this covers rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N1 | Rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities |
To see the full business activity and turnover split of Erode Textile Mall Private Limited, buy the company report.
Financials of Erode Textile Mall Private Limited
FY 2024 filings availableErode Textile Mall Private Limited reported revenue of ₹7.29 Cr (down 7% YoY) for FY 2024.
Revenue · FY 2024
₹7.29 Cr ▼ 7%
Net loss · FY 2024
₹4.27 Cr margin -58.6%
EBITDA · FY 2024
-₹75.18 Lakh margin -10.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 7%
3 years · compounded
▲ 23%
EBITDA CAGR growth
1 year
▼ 155%
3 years · compounded
▲ 11%
Revenue fell 7% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 23%. EBITDA fell 155% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Total Expenses | |||||
| EBITDA | -₹75.18 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹4.27 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -10.3% | ||||
| Net Profit Margin | -58.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of Erode Textile Mall Private Limited, buy the company report.
Board of directors of Erode Textile Mall Private Limited
Erode Textile Mall has 5 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Periyaswamy Raajashekar Also directs: Tex Value Mall Private Limited, Texvalley Weekly Market Limited, Texvalley Market Limited and 5 more | Managing Director | 06 Jan 2009 | 17 Years 10 Months | Current |
| Devarajan Chinnusamy Also directs: Modest Imperia Trading LLP, Bannari Amman Sugars Limited, Urc Construction Enterprise Private Limited and 5 more | Director | 02 Jul 2010 | 16 Years 4 Months | Current |
| Dhanalakshmi Periaswamy Kumar Also directs: Tex Value Mall Private Limited, Texvalley Weekly Market Limited, Texvalley Market Limited and 5 more | Director | 06 Jan 2009 | 17 Years 10 Months | Current |
| Palanimalaigounder Periyaswamy | Director | 06 Jan 2009 | 17 Years 10 Months | Current |
| Rajamanickam Manikandan | Director | 27 May 2013 | 13 Years 5 Months | Current |
Shareholding
The shareholding of Erode Textile Mall 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 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Erode Textile Mall Private Limited, buy the company report.
Charges & borrowings
Open charges
₹242.05 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Nov 2024 | 101012141 | State Bank of India | ₹95 Cr | Open | |
| 09 Sep 2022 | 100610574 | Indian Overseas Bank | ₹6.31 Cr | Open | |
| 30 Dec 2021 | 100558083 | Bank of India | ₹5.14 Cr | Open | |
| 03 Jan 2013 | 10407135 | Bank of India | ₹53.36 Cr | Open | |
| 18 Dec 2012 | 10402530 | Indian Overseas Bank | ₹82.24 Cr | Open |
To see the full charge records of Erode Textile Mall Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Erode Textile Mall Private Limited has 2 court cases on record: 2 filed against it. All cases are disposed.
Total cases
2
Filed against the company
2
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Erode, Tamil Nadu | Motor accident claim | Filed against the company by an individual | Disposed |
| District court, Erode, Tamil Nadu | Motor accident claim | Filed against the company by an individual | Disposed |
To see the full case history of Erode Textile Mall 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.
Credit ratings & regulatory alerts
Erode Textile Mall Private Limited was last rated by Icra on 23 Sep 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 23 Sep 2021 |
To see the full credit ratings and regulatory alerts of Erode Textile Mall Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Erode Textile Mall Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Erode Textile Mall has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
1
Subsidiary companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Texvalley B2b India Private Limited | U17299TZ2019PTC031507 |
To see the full group structure of Erode Textile Mall Private Limited, buy the company report.
Employees & EPFO
Erode Textile Mall Private Limited has a workforce of 55 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
Employee count
55
Active EPFO establishments
1
Employee growth
-39.56%
GST
Erode Textile Mall has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AACCE1718J1ZX | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Erode Textile Mall Private Limited, buy the company report.
Recent activity
Erode Textile Mall Private Limited has 9 board changes on record since 2009: 5 appointments and 4 cessations. The latest: Periyaswamy Raajashekar ceased to be Managing Director on 06 Apr 2021.
AGM
Erode Textile Mall Private Limited last Annual general meeting of members was held on 30 Dec 2024 as per latest MCA records.
Charges
A charge with State Bank Of India amounted to Rs. 95.00 Cr with Charge ID 101012141 was registered on 29 Nov 2024.
Filing
Erode Textile Mall Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore.
Charges
A charge with Indian Overseas Bank amounted to Rs. 6.31 Cr with Charge ID 100610574 was registered on 09 Sep 2022.
Charges
A charge with Bank Of India of Rs. 5.14 Cr registered on 30 Dec 2021 with Charge ID 100558083 was modified on 18 Apr 2022.
Charges
A charge with Bank Of India amounted to Rs. 5.14 Cr with Charge ID 100558083 was registered on 30 Dec 2021.
Ceased
Periyaswamy Raajashekar ceased to be Managing Director.
Charges
A charge with Indian Overseas Bank of Rs. 82.24 Cr registered on 18 Dec 2012 with Charge ID 10402530 was modified on 22 Feb 2021.
Charges
A charge with Bank Of India of Rs. 53.36 Cr registered on 03 Jan 2013 with Charge ID 10407135 was modified on 19 Jan 2021.
Ceased
Rajamanickam Manikandan ceased to be Additional Director.
Appointed
Rajamanickam Manikandan was appointed as Director.
Charges
A charge with Bank Of India amounted to Rs. 53.36 Cr with Charge ID 10407135 was registered on 03 Jan 2013.
8 earlier events are in the company report.
Frequently asked questions
Erode Textile Mall is an active private limited company based in Erode, Tamil Nadu, India. The company works in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 06 January 2009 (17+ years old) and is registered under CIN U74999TZ2009PTC014968.
Erode Textile Mall has 5 current directors:
- Periyaswamy Raajashekar - Managing Director
- Devarajan Chinnusamy - Director
- Dhanalakshmi Periaswamy Kumar - Director
- Palanimalaigounder Periyaswamy - Director
- Rajamanickam Manikandan - Director
The latest financial statements of Erode Textile Mall on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 December 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Erode Textile Mall is 33AACCE1718J1ZX, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Erode Textile Mall is U74999TZ2009PTC014968. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Erode Textile Mall has 2 court cases on record: 2 filed against it.
Erode Textile Mall was incorporated on 06 January 2009, making it 17+ years old. It is registered with the Registrar of Companies, Coimbatore.
Periyaswamy Raajashekar ceased to be Managing Director on 06 Apr 2021. Rajamanickam Manikandan ceased to be Additional Director on 30 Sep 2013. Rajamanickam Manikandan was appointed as Director on 27 May 2013. Erode Textile Mall has 9 board changes on record in total.
Yes, Erode Textile Mall is registered as a small enterprise under Udyam registration (number: UDYAM-TN-07-0040577).
Erode Textile Mall can be reached through the website texvalleyindia.com. Its registered office is in Erode, Tamil Nadu, India.
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