About Salona Spinntex Private Limited
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Salona Spinntex Private Limited is a private limited company based in Coimbatore, Tamil Nadu, India. It operates in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 10 February 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U17111TZ2006PTC012561. Its GSTIN is 33AAJCS7926B1ZF (Tamil Nadu).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹90 Lakh. It is led by directors including Pramod Kumar Jhajharia (Whole-Time Director) and Pista Devi Jhajharia.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at No.9 Ramalinga Nagar IV Cross Saibaba Colony, Coimbatore, Tamil Nadu, India – 641011.
As per the financials filed for FY 2024, the company reported a revenue of ₹43.85 Cr, a growth of 20% compared to the previous year. For the same year it recorded a net profit of ₹8.77 Lakh (net margin 0.2%) and EBITDA of ₹45.36 Lakh (EBITDA margin 1%). Revenue has grown at a compounded annual rate (CAGR) of 21% over three years and 18% over five years.
The company is associated with 1 brand: Salona. As per MCA filings, the company has satisfied charges of ₹10 Lakh on record. Court records list 3 cases involving the company, including 3 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website salonagroup.com.
Company details
Contact details
Salona Spinntex Private Limited's registered office is in Coimbatore, Tamil Nadu. Its website is salonagroup.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressNo.9 Ramalinga Nagar IV Cross Saibaba Colony, Coimbatore, Tamil Nadu, India – 641011
- IndustryHome & Lifestyle, Textile Retail & Distribution
To see the full contact details of Salona Spinntex 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
Brands
Salona Spinntex operates one associated brand: Salona. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Yarn, fabrics, and related products are manufactured under contract. | salonagroup.com |
Business activity
The main business activity of Salona Spinntex 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 Salona Spinntex Private Limited, buy the company report.
Financials of Salona Spinntex Private Limited
FY 2025 filings availableSalona Spinntex Private Limited reported revenue of ₹43.85 Cr (up 20% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 18% over five years, including 20% growth in the latest year. EBITDA rose 93% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹45.36 Lakh | ||||
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| Net Profit (PAT) | ₹8.77 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 1% | ||||
| Net Profit Margin | 0.2% | ||||
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To see the full financial statements and ratios of Salona Spinntex Private Limited, buy the company report.
Board of directors of Salona Spinntex Private Limited
Salona Spinntex has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pramod Kumar Jhajharia Also directs: Mettle Energy Limited, Shristi Cotspinn Private Limited | Whole-Time Director | 10 Feb 2006 | 20 Years 8 Months | Current |
| Pista Devi Jhajharia | Director | 10 Feb 2006 | 20 Years 8 Months | Current |
| Saloni Agarwal | Director | 21 Jul 2014 | 12 Years 3 Months | Current |
Auditor
Salona Spinntex Private Limited is audited by V K S AIYER & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V K S AIYER & CO | FY 2022 | 000066S |
Shareholding
The shareholding of Salona Spinntex Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Salona Spinntex Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Mar 2008 | 10098169 | Tamilnad Mercantile Bank Ltd. | ₹10 Lakh | Satisfied |
To see the full charge records of Salona Spinntex Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Salona Spinntex Private Limited has 3 court cases on record: 3 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 0 |
Cases on record (2 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Coimbatore, Tamil Nadu | Motor accident claim | Filed against the company | Disposed |
| District court, Coimbatore, Tamil Nadu | Motor accident claim | Filed against the company by an individual | Disposed |
To see the full case history of Salona Spinntex 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 Salona Spinntex Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Salona Spinntex has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAJCS7926B1ZF | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Salona Spinntex Private Limited, buy the company report.
Recent activity
Salona Spinntex Private Limited has 5 board changes on record since 2006: 3 appointments and 2 cessations. The latest: Pramod Kumar Jhajharia ceased to be Director on 01 Jan 2015.
Frequently asked questions
Salona Spinntex is an active private limited company based in Coimbatore, Tamil Nadu, India. The company works in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 10 February 2006 (20+ years old) and is registered under CIN U17111TZ2006PTC012561.
Salona Spinntex has 3 current directors:
- Pramod Kumar Jhajharia - Whole-Time Director
- Pista Devi Jhajharia - Director
- Saloni Agarwal - Director
The latest financial statements of Salona Spinntex on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Salona Spinntex is 33AAJCS7926B1ZF, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Salona Spinntex is U17111TZ2006PTC012561. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Salona Spinntex has 3 court cases on record: 3 filed against it.
Salona Spinntex was incorporated on 10 February 2006, making it 20+ years old. It is registered with the Registrar of Companies, Coimbatore.
Pramod Kumar Jhajharia ceased to be Director on 01 Jan 2015. Saloni Agarwal ceased to be Additional Director on 26 Sep 2014. Saloni Agarwal was appointed as Director on 21 Jul 2014. Salona Spinntex has 5 board changes on record in total.
Salona Spinntex can be reached through the website salonagroup.com. Its registered office is in Coimbatore, Tamil Nadu, India.
The registered office of Salona Spinntex is at No.9 Ramalinga Nagar IV Cross Saibaba Colony, Coimbatore, Tamil Nadu, India – 641011.
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