MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-TN-03-0000426
Rajave Textiles Private Limited - manufacturing in Coimbatore, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2020
₹8.3 Cr
▲ 297% YoY
Net loss · FY 2020
₹10.83 Cr
Net margin -130.5%
EBITDA · FY 2020
-₹8.67 Cr
EBITDA margin -104.4%
Authorised capital
₹7 Cr
Registered with MCA
Paid-up capital
₹7 Cr
Issued & subscribed
Open charges
₹98.68 Cr
Satisfied ₹12.87 Cr
Company age
31 yrs
Est. 1995
Employees · EPFO
8
Provident fund records
About Rajave Textiles Private Limited
Data last updated:
Rajave Textiles Private Limited is a private limited company based in Coimbatore, Tamil Nadu, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 30 January 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U17111TZ1995PTC005718. Its GSTIN is 33AABCR0295A1ZY (Tamil Nadu).
The company has an authorised share capital of ₹7 Cr and a paid-up capital of ₹7 Cr. It is led by directors including Sakthivadivel Ravindran (Managing Director) and Palanisamy Selvaraj.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at Sf No. 77/1 Kannampalayam Sulur, Coimbatore, Tamil Nadu, India – 641602.
As per the financials filed for FY 2020, the company reported a revenue of ₹8.3 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹10.83 Cr (net margin -130.5%) and EBITDA of -₹8.67 Cr (EBITDA margin -104.4%). Revenue has declined at a compounded annual rate (CAGR) of 27% over three years and 40% over five years.
The company has about 8 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹98.68 Cr and satisfied charges of ₹12.87 Cr on record. Court records list 41 cases involving the company, including 21 filed by the company and 20 filed against it; 5 cases are pending.
Rajave Textiles Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-03-0000426). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website rajavetextiles.in.
Company details
CIN U17111TZ1995PTC005718
Registration Number 005718
Incorporation Date 30 January 1995
ROC Coimbatore
Listing Status Unlisted
Company Status Active
Date of Last AGM 31 December 2020
Date of Balance Sheet 31 March 2020
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-TN-03-0000426
Key People
Sakthivadivel Ravindran Managing Director Palanisamy Selvaraj Director Sakthivadivel Periyasamy Director Recognitions & Rankings of Rajave Textiles
Contact details
Rajave Textiles Private Limited's registered office is in Coimbatore, Tamil Nadu. Its website is rajavetextiles.in. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressSf No. 77/1 Kannampalayam Sulur, Coimbatore, Tamil Nadu, India – 641602
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Rajave Textiles Private Limited, buy the company report.
Comprehensive company report
Rajave Textiles 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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Business activity
The main business activity of Rajave Textiles 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 Rajave Textiles Private Limited, buy the company report.
Financials of Rajave Textiles Private Limited
FY 2020 filings availableRajave Textiles Private Limited reported revenue of ₹8.3 Cr (up 297% YoY) for FY 2020.
Revenue · FY 2020
₹8.3 Cr ▲ 297%
Net loss · FY 2020
₹10.83 Cr margin -130.5%
EBITDA · FY 2020
-₹8.67 Cr margin -104.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 297%
3 years · compounded
▼ 27%
5 years · compounded
▼ 40%
Revenue rose 297% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 40%. 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹8.3 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹8.67 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹10.83 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -104.4% | ||||
| Net Profit Margin | -130.5% | ||||
| 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 Rajave Textiles Private Limited, buy the company report.
Board of directors of Rajave Textiles Private Limited
Rajave Textiles has 6 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Palanisamy Selvaraj | Director | 01 Nov 2006 | 19 Years 11 Months | Current |
| Sakthivadivel Periyasamy | Director | 30 Jan 1995 | 31 Years 8 Months | Current |
| Thangaraj Karthik | Additional Director | 02 Apr 2024 | 2 Years 6 Months | Current |
| Venugopal Prasath | Additional Director | 02 Apr 2024 | 2 Years 6 Months | Current |
| Sakthivadivel Ravindran | Managing Director | 30 Jan 1995 | 31 Years 8 Months | Current |
| Paramasivam Sripriya | Director | 30 Jan 1995 | 31 Years 8 Months | Current |
Peer comparison
Rajave Textiles Private Limited is compared with the 10 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 |
|---|---|---|---|---|---|---|
| Titan Tex Fab Private Limited | ₹108.3 Cr (FY 2025) | 3.0% | Bhilwara, Rajasthan, India | |||
| Raghuvir Cotton Ginning and Pressing Private Limited | ₹108.27 Cr (FY 2025) | -34.0% | Hadamtala, Gujarat, India | |||
| G.C. Fibres Limited | ₹108.19 Cr (FY 2025) | -9.0% | Solan, Himachal Pradesh, India | |||
| Partap Cotex Private Limited | ₹107.96 Cr (FY 2025) | 21.0% | Ambala, Haryana, India | |||
| Goyal Petrofils Yarns Private Limited | ₹107.96 Cr (FY 2025) | 22.0% | Punjab, India | |||
| National Fibres Private Limited | ₹107.7 Cr (FY 2025) | 49.0% | Thane, Maharashtra, India | |||
| A One Textech Private Limited | ₹107.45 Cr (FY 2025) | 7.0% | New Delhi, Delhi, India | |||
| Sausar Cotton Processing Private Limited | ₹107.21 Cr (FY 2025) | -17.0% | Nagpur, Maharashtra, India | |||
| Avgol India Private Limited | ₹107.1 Cr (FY 2025) | -10.0% | Bhopal, Madhya Pradesh, India | |||
| Bahubali Cottons Private Limited | ₹107.03 Cr (FY 2025) | 9.0% | Gevrai, Maharashtra, India | |||
| Rajave Textiles Private Limitedthis company | ₹8.3 Cr (FY 2020) | -₹10.83 Cr | -130.5% | 297.0% | 8 | Coimbatore, Tamil Nadu, India |
To see the full peer comparison of Rajave Textiles Private Limited, buy the company report.
Shareholding
The shareholding of Rajave Textiles Private Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Rajave Textiles Private Limited, buy the company report.
Charges & borrowings
Open charges
₹98.68 Cr
Satisfied charges
₹12.87 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Oct 2013 | 10459766 | Small Industries Development Bank of India | ₹3.5 Cr | Open | |
| 25 May 2006 | 10006453 | Corporation Bank | ₹12 Cr | Open | |
| 25 May 2006 | 10006517 | Corporation Bank | ₹4.5 Cr | Open | |
| 20 May 2005 | 90009359 | Corporation Bank | ₹4.75 Cr | Open | |
| 05 Feb 2004 | 90009177 | Corporation Bank | ₹73.93 Cr | Open |
To see the full charge records of Rajave Textiles Private Limited, buy the company report.
Total charge records: 7 View all charges
Legal cases
Rajave Textiles Private Limited has 41 court cases on record: 21 filed by Rajave Textiles, 20 filed against it. 5 cases are pending and 36 are disposed.
Total cases
41
Filed by the company
21
Filed against the company
20
Pending
5
Disposed
36
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 29 | 9 | 2 |
| District courts | 9 | 9 | 2 |
| Supreme Court | 2 | 1 | 1 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 41)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Civil suit | Filed against the company by Ms. Bhadresh Trading Corporation Ltd Th. Mr. Prakash Narendra | Pending |
| District court, Coimbatore, Tamil Nadu | Execution petition | Filed against the company by Louis Dreyfus Company India Pvt Ltd | Disposed |
| District court, Coimbatore, Tamil Nadu | Execution petition | Filed against the company by Louis Dreyfus Company India Pvt Ltd | Disposed |
| Bombay High Court | Court case (TD) | Filed against the company by Louis Dreyfus Company India Pvt.Ltd. | Disposed |
| Supreme Court | Court case (1418-Criminal Matters : Others) | Filed by the company against Nitin Sadashiv Ganatra Prop. of Tirupati Cotton Corp. 405, Maker Chamber V, 4Th Floor, Nariamn Point , Mumbai 21 ,Mumbai , Maharashtra and 1 other | Pending |
To see the full case history of Rajave Textiles 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
Rajave Textiles Private Limited was last rated by Crisil on 11 Dec 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 11 Dec 2020 |
To see the full credit ratings and regulatory alerts of Rajave Textiles Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Rajave Textiles Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Rajave Textiles Private Limited has a workforce of 8 employees on its EPFO records as of Mar 31, 2024, across 1 active EPFO establishment.
Employee count
8
Active EPFO establishments
1
Employee growth
-90.12%
GST
Rajave Textiles has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AABCR0295A1ZY | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Rajave Textiles Private Limited, buy the company report.
Recent activity
Rajave Textiles Private Limited has 8 board changes on record since 1995: 6 appointments and 2 cessations. The latest: Thangaraj Karthik was appointed as Additional Director on 02 Apr 2024.
Appointed
Thangaraj Karthik was appointed as Additional Director.
Appointed
Venugopal Prasath was appointed as Additional Director.
AGM
Rajave Textiles Private Limited last Annual general meeting of members was held on 31 Dec 2020 as per latest MCA records.
Filing
Rajave Textiles Private Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Coimbatore.
Charges
A charge registered on 24 Nov 2006 via Charge ID 10029111 with State Bank Of India was fully satisfied on 30 Aug 2016.
Ceased
Paramasivam Sripriya ceased to be Director.
Charges
A charge registered on 05 Feb 2004 via Charge ID 80053419 with Corporation Bank was fully satisfied on 13 Feb 2014.
Charges
A charge with Corporation Bank of Rs. 73.93 Cr registered on 05 Feb 2004 with Charge ID 90009177 was modified on 08 Feb 2014.
Charges
A charge with Small Industries Development Bank Of India amounted to Rs. 3.50 Cr with Charge ID 10459766 was registered on 17 Oct 2013.
Charges
A charge with State Bank Of India of Rs. 5.07 Cr registered on 24 Nov 2006 with Charge ID 10029111 was modified on 09 Nov 2009.
Charges
A charge with Corporation Bank of Rs. 12.00 Cr registered on 25 May 2006 with Charge ID 10006453 was modified on 28 Mar 2009.
Charges
A charge with Corporation Bank of Rs. 4.50 Cr registered on 25 May 2006 with Charge ID 10006517 was modified on 28 Mar 2009.
14 earlier events are in the company report.
Frequently asked questions
Rajave Textiles is an active private limited company based in Coimbatore, Tamil Nadu, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 30 January 1995 (31+ years old) and is registered under CIN U17111TZ1995PTC005718.
Rajave Textiles has 6 current directors:
- Sakthivadivel Ravindran - Managing Director
- Palanisamy Selvaraj - Director
- Sakthivadivel Periyasamy - Director
- Thangaraj Karthik - Additional Director
- Venugopal Prasath - Additional Director
- Paramasivam Sripriya - Director
The latest financial statements of Rajave Textiles on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from 2015 are in the company report.
The GSTIN of Rajave Textiles is 33AABCR0295A1ZY, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Rajave Textiles is U17111TZ1995PTC005718. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rajave Textiles has 41 court cases on record: 21 filed by the company and 20 filed against it. 5 are pending. Most are in the high courts.
Rajave Textiles was incorporated on 30 January 1995, making it 31+ years old. It is registered with the Registrar of Companies, Coimbatore.
The peers of Rajave Textiles by revenue are Titan Tex Fab Private Limited, Raghuvir Cotton Ginning and Pressing Private Limited, G.C. Fibres Limited, Partap Cotex Private Limited, Goyal Petrofils Yarns Private Limited and 5 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Thangaraj Karthik was appointed as Additional Director on 02 Apr 2024. Venugopal Prasath was appointed as Additional Director on 02 Apr 2024. Paramasivam Sripriya ceased to be Director on 31 Jul 2015. Rajave Textiles has 8 board changes on record in total.
Yes, Rajave Textiles is registered as a micro enterprise under Udyam registration (number: UDYAM-TN-03-0000426).
Rajave Textiles can be reached through the website rajavetextiles.in. Its registered office is in Coimbatore, Tamil Nadu, India.