Knitvel Needles Private Limited - Company Profile

It is a machinery and equipment private limited company based in Dharmapuri District, Tamil Nadu, India, established in 1974.
1974 Dharmapuri District, Tamil Nadu, India Active
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About Knitvel Needles Private Limited

Knitvel Needles Private Limited, a active private limited company, was established on 12 December 1974 in Dharmapuri District, Tamil Nadu, India. Engaging in industrial machinery manufacturing within the manufacturing sector, it holds CIN: U02893TZ1974PTC000720. Registered under ROC Roc Coimbatore. it is unlisted. It has an authorized capital of ₹5.00 M and a paid-up capital of ₹4.10 M.

Formerly known as Knitvel Needles Limited. It upholds a compliant status. Employing 217 professional, Its leadership includes Adhi Muthusamy Lakkapuram Krishnasamy (Managing Director), Kalavathy Adhi (Director), Arvind Muthusamy Adhi (Director). Past directors included Adhi Muthusamy Lakkapuram Krishnasamy, Arvind Muthusamy Adhi, Arjun Adhi. It holds ₹7.30 Cr open charges and ₹18.65 Cr settled loans. Its latest AGM occurred on 12 September 2025, with the balance sheet filed on 31 March 2025. It is based at 110Sipcot Industrial Complex Hosur, Dharmapuri District, Tamil Nadu, 635126.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
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Company Details

  • CIN/LLPIN

    U02893TZ1974PTC000720

  • Registration Number

    000720

  • Incorporation Date

    12 December 1974

  • Authorized Capital

    ₹5.00 M

  • Paid-Up Capital

    ₹4.10 M

  • ROC Code

    Roc Coimbatore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 4.10 M
  • Company Age 51 Year, 2 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 7.30 Cr
  • Satisfied Charges ₹ 18.65 Cr
  • Revenue Growth **** 12.01%
  • Profit Growth **** -31.27%
  • Ebitda **** -7.40%
  • Net Worth 14.45%
  • Total Assets **** 28.35%
Company report

Knitvel Needles Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Knitvel Needles Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Knitvel Needles Private Limited?
Current Directors
Name Designation Appointment Date Status
Adhi Muthusamy Lakkapuram Krishnasamy Managing Director 16 Feb 1976 Current
Kalavathy Adhi Director 30 Jul 2001 Current
Arvind Muthusamy Adhi Director 21 Jun 2025 Current
Arjun Adhi Whole-Time Director 03 Aug 2021 Current
Sakthivel Ahalya Director 14 Oct 2022 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 01 Jun 2022 Past
Pramod Abcsdd Additional Director 11 Sep 2025 Past
Pramod Abcsdd Additional Director 16 Feb 2022 Past
Pramod Abcsdd Additional Director 15 Sep 2023 Past
Pramod Abcsdd Director 20 Jun 2020 Past
Pramod Abcsdd Director 31 Jan 2023 Past

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Financial Performance of Knitvel Needles.

Knitvel Needles Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 12.01% increase. The company also saw a substantial fall in profitability, with a 31.27% decrease in profit. The company's net worth Soared by an impressive increase of 14.45%.

Knitvel Needles revenue growth over time
Knitvel Needles profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • 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
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 12.01%
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*******
*******
*******
Revenue from Operations
*******
 12.03%
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*******
*******
Total Assets
*******
 28.35%
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*******
*******
*******
Profit or Loss
*******
 -31.27%
*******
*******
*******
*******
Net Worth
*******
 14.45%
*******
*******
*******
*******
EBITDA
*******
 -7.40%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Knitvel Needles?

In 2023, Knitvel Needles had a promoter holding of 85.68% and a public holding of 14.32%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹72,965,743.00

Satisfied Charges

₹186,519,500.00

Charges Breakdown by Lending Institutions
  • Indian Overseas Bank : 7.30 Cr
Latest Charge Details
Date Lender Amount Status
29 Mar 2025 Indian Overseas Bank ₹2.32 M Open
29 Mar 2025 Indian Overseas Bank ₹5.00 M Open
29 Mar 2025 Indian Overseas Bank ₹8.45 M Open
29 Mar 2025 Indian Overseas Bank ₹3.86 Cr Open
29 Mar 2025 Indian Overseas Bank ₹1.86 Cr Open

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How Many Employees Work at Knitvel Needles?

Knitvel Needles has a workforce of 217 employees as of Apr 06, 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 Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Knitvel Needles, 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 Knitvel Needles'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.

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Latest Updates, News, and FAQs on Knitvel Needles
Recent Activity within the Organization
  • Annual General Meeting

    The activity Knitvel Needles Private Limited last Annual general meeting of members was held on 12 Sep 2025 as per latest MCA records. was completed.

  • Director Appointment

    Progress on Arvind Muthusamy Adhi was appointed as a Director was appointed as a Director on 21 Jun 2025 & has been associated with this company since 8 months 12 days . was documented.

  • Charges

    A charge registered on 19 Nov 2021 via Charge ID 100512321 with Indian Overseas Bank was fully satisfied on 23 May 2025. was recorded as a recent event.

  • Charges

    Progress on A charge registered on 27 Mar 2024 via Charge ID 100889269 with Others was fully satisfied on 21 Apr 2025. was documented.

  • Charges

    The activity A charge registered on 28 Mar 2023 via Charge ID 100692560 with Others was fully satisfied on 21 Apr 2025. was completed.

  • Charges

    A charge registered on 08 Oct 2020 via Charge ID 100376625 with Others was fully satisfied on 21 Apr 2025. was recorded as a recent event.

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Frequently Asked Questions
What is the CIN of Knitvel Needles Private Limited?

The CIN of Knitvel Needles Private Limited is U02893TZ1974PTC000720.

Where is Knitvel Needles Private Limited headquartered?

Knitvel Needles Private Limited is headquartered at 110Sipcot Industrial Complex Hosur, Dharmapuri District, Tamil Nadu, 635126.

When was Knitvel Needles Private Limited incorporated?

Knitvel Needles Private Limited was incorporated on 12 December 1974.

Who are the current directors of Knitvel Needles Private Limited?

The current directors of Knitvel Needles Private Limited are

What is the primary industry of Knitvel Needles Private Limited?

The primary industry of Knitvel Needles Private Limited is Manufacturing.

Is Knitvel Needles Private Limited a listed company?

Knitvel Needles Private Limited is unlisted.

What is the capital structure of Knitvel Needles Private Limited?

The authorized capital of Knitvel Needles Private Limited is ₹5.00 M, and the paid-up capital is ₹4.10 M.

What is the compliance status of Knitvel Needles Private Limited?

The compliance status of Knitvel Needles Private Limited is Compliant.

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