Salem Textiles Limited - Company Profile

It is a manufacturing public limited company based in Attur, Tamil Nadu, India, established in 1964.
1964 Attur, Tamil Nadu, India Active
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About Salem Textiles Limited

Salem Textiles Limited, a active public limited company, was established on 29 July 1964 in Attur, Tamil Nadu, India. Engaging in textile & fabric production within the manufacturing sector, it holds CIN: U17111TZ1964PLC000534. Registered under ROC Roc Coimbatore. it is unlisted. It has an authorized capital of ₹15.00 Cr and a paid-up capital of ₹6.60 Cr.

It upholds a active non-compliant status. Employing 1 professional, Its leadership includes Suresh Kumar (Additional Director), Ramasamy Udayar Prabakaran Rajaram (Additional Director), Ramasamy Udayar Prabakaran (Managing Director). Past directors included Ramabathiran Manoharan, Nagarajan Harinarasimhan, Murugan Sundaram. It holds ₹2.61 Cr open charges and no settled loans. Its latest AGM occurred on 30 September 2018, with the balance sheet filed on 31 March 2018. It is based at Selliampalayam Narasingapuram Post, Attur, Tamil Nadu, 636108.

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

    +91-XXXXXXXXXX

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

  • CIN/LLPIN

    U17111TZ1964PLC000534

  • Registration Number

    000534

  • Incorporation Date

    29 July 1964

  • Authorized Capital

    ₹15.00 Cr

  • Paid-Up Capital

    ₹6.60 Cr

  • ROC Code

    Roc Coimbatore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 15.00 Cr
  • Paid Up Capital ₹ 6.60 Cr
  • Company Age 61 Year, 9 Months
  • Last Filing with ROC 31 Mar 2018
  • Open Charges ₹ 2.61 Cr
  • Revenue Growth **** %
  • Profit Growth **** 77.66%
  • Ebitda **** 83.04%
  • Net Worth -0.02%
  • Total Assets -0.01%
Company report

Salem Textiles Limited

Company Report FY 2026-2027

Comprehensive Company Insights

Explore comprehensive insights into Salem Textiles 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 Textiles Limited?
Current Directors
Name Designation Appointment Date Status
Suresh Kumar Additional Director 14 Mar 2023 Current
Ramasamy Udayar Prabakaran Rajaram Additional Director 14 Mar 2023 Current
Ramasamy Udayar Prabakaran Managing Director 26 Feb 1977 Current
Ramabathiran Manoharan Director 14 Feb 2015 Current
Velayutha Udayar Subramani Director 04 Sep 2002 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Additional Director 30 Sep 2015 Past
Pramod Abcsdd Additional Director 13 Feb 2015 Past
Pramod Abcsdd Director 21 Jul 2017 Past
Pramod Abcsdd Director 15 Feb 2014 Past

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Financial Performance of Salem Textiles.

Salem Textiles Limited, for the financial year ended 2018, experienced no change in revenue, with a 0% increase. The company also saw a substantial improvement in profitability, with a 77.66% increase in profit. The company's net worth dipped by a decrease of 0.02%.

Salem Textiles revenue growth over time
Salem Textiles 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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Revenue from Operations
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*******
*******
*******
*******
Total Assets
*******
 -0.01%
*******
*******
*******
*******
Profit or Loss
*******
 77.66%
*******
*******
*******
*******
Net Worth
*******
 -0.02%
*******
*******
*******
*******
EBITDA
*******
 83.04%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Salem Textiles?

In 2018, Salem Textiles had a promoter holding of 60.81% and a public holding of 39.19%. 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

₹26,100,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions
  • Industrial Devlopment Bank Of India : 2.09 Cr
  • Industrial Development Bank Of India : 0.52 Cr
Latest Charge Details
Date Lender Amount Status
01 Mar 1991 Industrial Development Bank Of India ₹5.20 M Open
14 Feb 1991 Industrial Devlopment Bank Of India ₹2.09 Cr Open

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How Many Employees Work at Salem Textiles?

Unlock and access historical data on people associated with Salem Textiles, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

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 Textiles, 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 Textiles'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 Textiles
Recent Activity within the Organization
  • Director Appointment

    Suresh Kumar was appointed as a Additional Director was appointed as a Additional Director on 14 Mar 2023 & has been associated with this company since 3 years 2 months . was recorded as a recent event.

  • Director Appointment

    Progress on Ramasamy Udayar Prabakaran Rajaram was appointed as a Additional Director was appointed as a Additional Director on 14 Mar 2023 & has been associated with this company since 3 years 2 months . was documented.

  • Annual General Meeting

    The activity Salem Textiles Limited last Annual general meeting of members was held on 30 Sep 2018 as per latest MCA records. was completed.

  • Balance Sheet

    Salem Textiles Limited has filed its annual Financial statements for the year ended 31 Mar 2018 with Roc Coimbatore. was recorded as a recent event.

  • Director Appointment

    The activity Ramabathiran Manoharan was appointed as a Director was appointed as a Director on 14 Feb 2015 & has been associated with this company since 11 years 3 months . was completed.

  • Director Appointment

    The activity Velayutha Udayar Subramani was appointed as a Director was appointed as a Director on 04 Sep 2002 & has been associated with this company since 23 years 8 months . was completed.

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Frequently Asked Questions
What is the CIN of Salem Textiles Limited?

The CIN of Salem Textiles Limited is U17111TZ1964PLC000534.

Where is Salem Textiles Limited headquartered?

Salem Textiles Limited is headquartered at Selliampalayam Narasingapuram Post, Attur, Tamil Nadu, 636108.

When was Salem Textiles Limited incorporated?

Salem Textiles Limited was incorporated on 29 July 1964.

Who are the current directors of Salem Textiles Limited?

The current directors of Salem Textiles Limited are

What is the primary industry of Salem Textiles Limited?

The primary industry of Salem Textiles Limited is Manufacturing.

Is Salem Textiles Limited a listed company?

Salem Textiles Limited is unlisted.

What is the capital structure of Salem Textiles Limited?

The authorized capital of Salem Textiles Limited is ₹15.00 Cr, and the paid-up capital is ₹6.60 Cr.

What is the compliance status of Salem Textiles Limited?

The compliance status of Salem Textiles Limited is Active Non-Compliant.

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