Restolex Coir Products Private Limited Company Logo

Restolex Coir Products Private Limited - Company Profile

It is a consumer goods private limited company based in Bangalore North, Karnataka, India, established in 1981.

1981 | Bangalore North, Karnataka, India | Active
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About Restolex Coir Products Private Limited

Restolex Coir Products Private Limited, a active private limited company, was established on 25 September 1981 in Bangalore North, Karnataka, India. Engaging in home furnishings manufacturing within the manufacturing sector, it holds CIN: U17233KA1981PTC004407. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹1.50 Cr and a paid-up capital of ₹1.00 Cr.

It upholds a compliant status. Employing 140 professional, Its leadership includes Vasantha Panambur (Director), Daveed Kuruvilla (Director). Past directors included Varghese Joseph, Shaji Joseph, Vasantha Panambur. It holds ₹23.30 Cr open charges and ₹8.07 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at Prestige Meridian 2, Unit No.801 And 802, 8Th Floor, Bangalore North, Karnataka, 560001.

Company Details

  • CIN/LLPIN

    U17233KA1981PTC004407

  • Registration Number

    004407

  • Incorporation Date

    25 September 1981

  • Authorized Capital

    ₹1.50 Cr

  • Paid-Up Capital

    ₹1.00 Cr

  • ROC Code

    Roc Bangalore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 1.50 Cr
  • Paid Up Capital ₹ 1.00 Cr
  • Company Age 44 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 23.30 Cr
  • Satisfied Charges ₹ 8.07 Cr
  • Revenue Growth 44.30%
  • Profit Growth 463.58%
  • Ebitda 36.50%
  • Net Worth 53.67%
  • Total Assets 16.21%
Company report

Restolex Coir Products Private Limited

Company Report FY 2025-2026

Explore comprehensive insights into Restolex Coir Products 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 Restolex Coir Products Private Limited?

Current Directors

NameDesignationAppointment DateStatus
Vasantha PanamburDirector13 Feb 2020Current
Daveed KuruvillaDirector02 Nov 2017Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector17 Apr 2019Past
Pramod AbcsddAdditional Director29 Sep 2018Past
Pramod AbcsddAdditional Director31 Dec 2020Past
Pramod AbcsddDirector18 Jul 2013Past
Pramod AbcsddDirector31 Oct 2011Past
Pramod AbcsddDirector31 Oct 2011Past

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Financial Performance of Restolex Coir Products.

Restolex Coir Products Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 44.3% increase. The company also saw a substantial improvement in profitability, with a 463.58% increase in profit. The company's net worth Soared by an impressive increase of 53.67%.

Restolex Coir Products revenue growth over time
Restolex Coir Products profit and loss trends over time
  • 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
44.30%
Revenue from Operations
36.55%
Total Assets
16.21%
Profit or Loss
463.58%
Net Worth
53.67%
EBITDA
36.50%

What is the Ownership and Shareholding Structure of Restolex Coir Products?

In 2023, Restolex Coir Products had a promoter holding of 71.08% and a public holding of 28.92%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

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Charges (Loans)

Open Charges

₹232,955,508.00

Satisfied Charges

₹80,671,000.00

Charges Breakdown by Lending Institutions

  • Others : 14.00 Cr
  • Hdfc Bank Limited : 8.73 Cr
  • Bank Of India : 0.57 Cr

Latest Charge Details

DateLenderAmountStatus
30 Nov 2023Others₹14.00 CrOpen
11 Jan 2023Hdfc Bank Limited₹2.50 MOpen
11 Oct 2021Hdfc Bank Limited₹1.79 MOpen
29 Aug 2021Hdfc Bank Limited₹8.30 CrOpen
15 Jun 2000Bank Of India₹2.00 MOpen

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How Many Employees Work at Restolex Coir Products?

Restolex Coir Products has a workforce of 140 employees as of Apr 08, 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 growth trends for Restolex Coir Products Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Restolex Coir Products, 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 Restolex Coir Products'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.

Latest Updates, News, and FAQs on Restolex Coir Products

Recent Activity within the Organization

  • Charges

    Progress on A charge with Others of Rs. 14.00 Cr registered on 30 Nov 2023 with Charge ID 100851160 was modified on 12 Feb 2025. was documented.

  • Annual General Meeting

    The activity Restolex Coir Products Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was completed.

  • Balance Sheet

    Progress on Restolex Coir Products Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore. was documented.

  • Charges

    The activity A charge with Others amounted to Rs. 14.00 Cr with Charge ID 100851160 was registered on 30 Nov 2023. was completed.

  • Charges

    The activity A charge with Hdfc Bank Limited amounted to Rs. 0.25 Cr with Charge ID 100715777 was registered on 11 Jan 2023. was completed.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 8.30 Cr registered on 29 Aug 2021 with Charge ID 100484288 was modified on 09 May 2022. was recorded as a recent event.

Frequently Asked Questions

  • What is the CIN of Restolex Coir Products Private Limited?

    The CIN of Restolex Coir Products Private Limited is U17233KA1981PTC004407.

  • Where is Restolex Coir Products Private Limited headquartered?

    Restolex Coir Products Private Limited is headquartered at Prestige Meridian 2, Unit No.801 And 802, 8Th Floor, Bangalore North, Karnataka, 560001.

  • When was Restolex Coir Products Private Limited incorporated?

    Restolex Coir Products Private Limited was incorporated on 25 September 1981.

  • Who are the current directors of Restolex Coir Products Private Limited?

    The current directors of Restolex Coir Products Private Limited are

  • What is the primary industry of Restolex Coir Products Private Limited?

    The primary industry of Restolex Coir Products Private Limited is Manufacturing.

  • Is Restolex Coir Products Private Limited a listed company?

    Restolex Coir Products Private Limited is unlisted.

  • What is the capital structure of Restolex Coir Products Private Limited?

    The authorized capital of Restolex Coir Products Private Limited is ₹1.50 Cr, and the paid-up capital is ₹1.00 Cr.

  • What is the compliance status of Restolex Coir Products Private Limited?

    The compliance status of Restolex Coir Products Private Limited is Compliant.

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