Rineile Micro Fabrics Private Limited
About Rineile Micro Fabrics Private Limited
Data last updated:
Rineile Micro Fabrics Private Limited was a private limited company based in Vellakovil, Tamil Nadu, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the textile and fabric production segment of the manufacturing sector. It was incorporated on 31 August 2006.
The company was registered with the Registrar of Companies (ROC), Coimbatore, under CIN U17111TZ2006PTC013037. Its GSTIN is 33AADCR4515P1Z6 (Tamil Nadu).
The company had an authorised share capital of ₹2.2 Cr and a paid-up capital of ₹1.79 Cr. It was led by directors including Selvamani (Managing Director) and Palaniyappa Gounder Nataraja Gounder.
Its last annual general meeting (AGM) was held on 11 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at Sf.No.118 Valliyarachal Village Vellakovil (Via), Tamil Nadu, India – 638111.
As per the financials filed for FY 2023, the company reported a revenue of ₹43.27 Cr, a decline of 8% compared to the previous year. For the same year it recorded a net profit of ₹81.48 Lakh (net margin 1.9%) and EBITDA of ₹1.55 Cr (EBITDA margin 3.6%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 6% over five years.
The company had about 28 employees on its provident fund (EPFO) records before it was dissolved.
As per MCA filings, the company had satisfied charges of ₹5.07 Cr on record. Court records list 3 cases involving the company, including 2 filed by the company and 1 filed against it.
Company details
Contact details
Rineile Micro Fabrics Private Limited's registered office is in Vellakovil, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressSf.No.118 Valliyarachal Village Vellakovil (Via), Tamil Nadu, India – 638111
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Rineile Micro Fabrics 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
Business activity
The main business activity of Rineile Micro Fabrics 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 Rineile Micro Fabrics Private Limited, buy the company report.
Financials of Rineile Micro Fabrics Private Limited
FY 2023 filings availableRineile Micro Fabrics Private Limited reported revenue of ₹43.27 Cr (down 8% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue fell 8% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 6%. EBITDA fell 48% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | ₹1.55 Cr | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹81.48 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.6% | ||||
| Net Profit Margin | 1.9% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Rineile Micro Fabrics Private Limited, buy the company report.
Board of directors of Rineile Micro Fabrics Private Limited
Rineile Micro Fabrics has 4 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Palaniyappa Gounder Nataraja Gounder Also directs: G.V.S. Spinners Private Limited | Director | 09 Mar 2015 | 11 Years 7 Months | As last reported |
| Vijayakumar Also directs: G.V.S. Spinners Private Limited, G.V.S. Green Private Limited | Director | 23 Jul 2013 | 13 Years 3 Months | As last reported |
| Ponnammal Also directs: G.V.S. Spinners Private Limited | Director | 09 Mar 2015 | 11 Years 7 Months | As last reported |
| Selvamani Also directs: G.V.S. Spinners Private Limited, G.V.S. Green Private Limited | Managing Director | 23 Jul 2013 | 13 Years 3 Months | As last reported |
Peer comparison
Rineile Micro Fabrics Private Limited is compared with the 8 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 |
|---|---|---|---|---|---|---|
| SBT Textiles Private Limited | ₹43.35 Cr (FY 2024) | 19.0% | Raipur, Chhattisgarh, India | |||
| Ampm Fashions Private Limited | ₹43.33 Cr (FY 2025) | 10.0% | New Delhi, Delhi, India | |||
| Swadeshi Dyeing and Bleaching Mills Private Limited | ₹43.32 Cr (FY 2024) | -8.0% | Kolhapur, Maharashtra, India | |||
| Rivaa Exports Limited | ₹43.28 Cr (FY 2025) | -52.0% | Surat, Gujarat, India | |||
| Rineile Micro Fabrics Private Limitedthis company | ₹43.27 Cr (FY 2023) | ₹81.48 Lakh | 1.9% | -8.0% | 28 | Vellakovil, Tamil Nadu, India |
| J.B. Sulzfab Private Limited | ₹43.25 Cr (FY 2025) | -1.0% | Bhilwara, Rajasthan, India | |||
| KKK Cotspin Private Limited | ₹43.25 Cr (FY 2017) | -70.0% | Ludhiana, Punjab, India | |||
| R R Trends Private Limited | ₹43.25 Cr (FY 2025) | -13.0% | New Delhi, Delhi, India | |||
| Mony Prints Private Limited | ₹43.24 Cr (FY 2025) | -11.0% | Surat, Gujarat, India |
To see the full peer comparison of Rineile Micro Fabrics Private Limited, buy the company report.
Auditor
Rineile Micro Fabrics Private Limited is audited by SATHISH S & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SATHISH S & CO | FY 2020 | 017444S |
Shareholding
The shareholding of Rineile Micro Fabrics 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 Rineile Micro Fabrics Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Nov 2013 | 10464523 | Corporation Bank | ₹3 Cr | Satisfied | |
| 25 Jul 2007 | 10067297 | Corporation Bank | ₹2.07 Cr | Satisfied |
To see the full charge records of Rineile Micro Fabrics Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Rineile Micro Fabrics Private Limited has 3 court cases on record: 2 filed by Rineile Micro Fabrics, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 2 | 0 | 0 |
| District courts | 1 | 1 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Chennai | Court case (C.P.(CAA)) | Filed by the company | Disposed |
| NCLT, Chennai | Court case (C.A.(CAA)) | Filed by the company | Disposed |
| District court, Erode, Tamil Nadu | Court case (IP) | Filed against the company by Sree Harini Textiles Rep. by Its Proprietor P. Marimuthu | Disposed |
To see the full case history of Rineile Micro Fabrics 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
No delayed payments to MSME suppliers are on our record for Rineile Micro Fabrics Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Rineile Micro Fabrics Private Limited has a workforce of 28 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
Rineile Micro Fabrics has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AADCR4515P1Z6 | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Rineile Micro Fabrics Private Limited, buy the company report.
Recent activity
Rineile Micro Fabrics Private Limited has 9 board changes on record since 2013: 4 appointments and 5 cessations. The latest: Selvamani ceased to be Director on 22 Mar 2017.
6 earlier events are in the company report.
Frequently asked questions
Rineile Micro Fabrics has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Rineile Micro Fabrics was a private limited company based in Vellakovil, Tamil Nadu, India. The company worked in textile and fabric production, within the manufacturing industry. It was incorporated on 31 August 2006 and is registered under CIN U17111TZ2006PTC013037. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Rineile Micro Fabrics was incorporated on 31 August 2006. It is registered with the Registrar of Companies, Coimbatore.
Rineile Micro Fabrics had 4 directors:
- Selvamani - Managing Director
- Palaniyappa Gounder Nataraja Gounder - Director
- Vijayakumar - Director
- Ponnammal - Director
The CIN (Corporate Identification Number) of Rineile Micro Fabrics is U17111TZ2006PTC013037. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Rineile Micro Fabrics is at Sf.No.118 Valliyarachal Village Vellakovil Via, Tamil Nadu, India – 638111.
The latest financial statements of Rineile Micro Fabrics on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 11 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Rineile Micro Fabrics is 33AADCR4515P1Z6, registered in Tamil Nadu.
Rineile Micro Fabrics operated in the manufacturing industry, in the textile and fabric production segment.
The peers of Rineile Micro Fabrics by revenue are SBT Textiles Private Limited, Ampm Fashions Private Limited, Swadeshi Dyeing and Bleaching Mills Private Limited, Rivaa Exports Limited, J.B. Sulzfab Private Limited and 3 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Rineile Micro Fabrics has 3 court cases on record: 2 filed by the company and 1 filed against it. Most are in the nclt.