Salem Kandaa Textile Mills Private Limited - Company Profile

It is a manufacturing private limited company based in Salem, Tamil Nadu, India, established in 1993.
1993 Salem, Tamil Nadu, India Active
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About Salem Kandaa Textile Mills Private Limited

Salem Kandaa Textile Mills Private Limited, a active private limited company, was established on 26 April 1993 in Salem, Tamil Nadu, India. Engaging in textile & fabric production within the manufacturing sector, it holds CIN: U17111TZ1993PTC004364. Registered under ROC Roc Coimbatore. it is unlisted. It has an authorized capital of ₹1.99 Cr and a paid-up capital of ₹1.27 Cr.

It upholds a compliant status. Employing 83 professional, Its leadership includes Natesan Saravanan (Managing Director), Rathinam Sivagami (Director), Palaniappa Rathinam Chettiar (Director). Past directors included Natesan Rajeswari, Palaniappa Chettiar Natesan. It holds ₹13.14 Cr open charges and ₹8.76 Cr settled loans. Its latest AGM occurred on 29 September 2018, with the balance sheet filed on 31 March 2018. It is based at 50New Trichy Branch Road Gugai, Salem, Tamil Nadu, 636006.

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

    +91-XXXXXXXXXX

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

  • CIN/LLPIN

    U17111TZ1993PTC004364

  • Registration Number

    004364

  • Incorporation Date

    26 April 1993

  • Authorized Capital

    ₹1.99 Cr

  • Paid-Up Capital

    ₹1.27 Cr

  • ROC Code

    Roc Coimbatore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 1.99 Cr
  • Paid Up Capital ₹ 1.27 Cr
  • Company Age 32 Year, 9 Months
  • Last Filing with ROC 31 Mar 2018
  • Open Charges ₹ 13.14 Cr
  • Satisfied Charges ₹ 8.76 Cr
  • Revenue Growth **** -23.66%
  • Profit Growth **** 184.72%
  • Ebitda **** -4.35%
  • Net Worth 2.88%
  • Total Assets -0.06%
Company report

Salem Kandaa Textile Mills Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Salem Kandaa Textile Mills 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 Salem Kandaa Textile Mills Private Limited?
Current Directors
Name Designation Appointment Date Status
Natesan Saravanan Managing Director 26 Apr 1993 Current
Rathinam Sivagami Director 26 Apr 1993 Current
Palaniappa Rathinam Chettiar Director 26 Apr 1993 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 29 Nov 2019 Past
Pramod Abcsdd Director 01 May 2021 Past

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Financial Performance of Salem Kandaa Textile Mills.

Salem Kandaa Textile Mills Private Limited, for the financial year ended 2018, experienced significant reduction in revenue, with a 23.66% decrease. The company also saw a substantial improvement in profitability, with a 184.72% increase in profit. The company's net worth moved up by a moderate rise of 2.88%.

Salem Kandaa Textile Mills revenue growth over time
Salem Kandaa Textile Mills 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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 -23.66%
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*******
*******
*******
Revenue from Operations
*******
 -23.69%
*******
*******
*******
*******
Total Assets
*******
 -0.06%
*******
*******
*******
*******
Profit or Loss
*******
 184.72%
*******
*******
*******
*******
Net Worth
*******
 2.88%
*******
*******
*******
*******
EBITDA
*******
 -4.35%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Salem Kandaa Textile Mills?

In 2018, Salem Kandaa Textile Mills had a promoter holding of 92.83% and a public holding of 7.17%. 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

₹131,389,600.00

Satisfied Charges

₹87,630,000.00

Charges Breakdown by Lending Institutions
  • Axis Bank Limited : 6.45 Cr
  • Others : 2.61 Cr
  • Tamilnadu Industrial Investment Corporation Limited : 1.99 Cr
  • The Tamilnadu Industrial Investment Corporation Limited : 0.99 Cr
  • Reliance Capital Limited : 0.60 Cr
  • Others : 0.50 Cr
Latest Charge Details
Date Lender Amount Status
16 Mar 2018 Others ₹5.00 M Open
27 Mar 2017 Others ₹5.00 M Open
27 Jul 2016 Others ₹7.10 M Open
06 Jul 2016 Others ₹2.00 M Open
16 Jun 2016 Others ₹7.00 M Open

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How Many Employees Work at Salem Kandaa Textile Mills?

Salem Kandaa Textile Mills has a workforce of 83 employees as of Mar 27, 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 Salem Kandaa Textile Mills, 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 Salem Kandaa Textile Mills'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 Salem Kandaa Textile Mills
Recent Activity within the Organization
  • Annual General Meeting

    The activity Salem Kandaa Textile Mills Private Limited last Annual general meeting of members was held on 29 Sep 2018 as per latest MCA records. was completed.

  • Balance Sheet

    Progress on Salem Kandaa Textile Mills Private Limited has filed its annual Financial statements for the year ended 31 Mar 2018 with Roc Coimbatore. was documented.

  • Charges

    The activity A charge with Others amounted to Rs. 0.50 Cr with Charge ID 100161086 was registered on 16 Mar 2018. was completed.

  • Charges

    A charge with Axis Bank Limited of Rs. 6.45 Cr registered on 21 Mar 2014 with Charge ID 10486242 was modified on 03 Nov 2017. was recorded as a recent event.

  • Charges

    Progress on A charge with Others amounted to Rs. 0.50 Cr with Charge ID 100086394 was registered on 27 Mar 2017. was documented.

  • Charges

    Progress on A charge with Others amounted to Rs. 0.71 Cr with Charge ID 100040881 was registered on 27 Jul 2016. was documented.

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Frequently Asked Questions
What is the CIN of Salem Kandaa Textile Mills Private Limited?

The CIN of Salem Kandaa Textile Mills Private Limited is U17111TZ1993PTC004364.

Where is Salem Kandaa Textile Mills Private Limited headquartered?

Salem Kandaa Textile Mills Private Limited is headquartered at 50New Trichy Branch Road Gugai, Salem, Tamil Nadu, 636006.

When was Salem Kandaa Textile Mills Private Limited incorporated?

Salem Kandaa Textile Mills Private Limited was incorporated on 26 April 1993.

Who are the current directors of Salem Kandaa Textile Mills Private Limited?

The current directors of Salem Kandaa Textile Mills Private Limited are

What is the primary industry of Salem Kandaa Textile Mills Private Limited?

The primary industry of Salem Kandaa Textile Mills Private Limited is Manufacturing.

Is Salem Kandaa Textile Mills Private Limited a listed company?

Salem Kandaa Textile Mills Private Limited is unlisted.

What is the capital structure of Salem Kandaa Textile Mills Private Limited?

The authorized capital of Salem Kandaa Textile Mills Private Limited is ₹1.99 Cr, and the paid-up capital is ₹1.27 Cr.

What is the compliance status of Salem Kandaa Textile Mills Private Limited?

The compliance status of Salem Kandaa Textile Mills Private Limited is Compliant.

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