Savute Textiles Private Limited - Company Profile

It is a manufacturing private limited company based in Kakkanad, Kerala, India, established in 2012.
2012 Kakkanad, Kerala, India Under Liquidation
Last Updated:
About Savute Textiles Private Limited

Savute Textiles Private Limited, a under liquidation private limited company, was established on 28 March 2012 in Kakkanad, Kerala, India. Engaging in textile & fabric production within the manufacturing sector, it holds CIN: U17200KL2012PTC030889. Registered under ROC Roc Ernakulam. it is unlisted. It has an authorized capital of ₹4.00 Cr and a paid-up capital of ₹4.00 Cr.

Formerly known as Savute Trading Private Limited. It upholds a active non-compliant status. Employing 11 professional, Its leadership includes Easwara Pillai Kesavan Nair (Irp/Rp/Liquidator), Peedimakkal Abdulsalim Najeeb (Director), Vinesan Gopinathan (Whole-Time Director). Past directors included Satish Gopalakrishna Pillai, Peedimakkal Abdulsalim Najeeb, Nasreen Basheer. It holds ₹20.00 Cr open charges and no settled loans. Its latest AGM occurred on 30 September 2019, with the balance sheet filed on 31 March 2019. It is based at Vaninilayam, Pra : 68 Friends Nagar, Palachuvadu, Kakkanad, Kerala, 682038.

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

    +91-XXXXXXXXXX

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

  • CIN/LLPIN

    U17200KL2012PTC030889

  • Registration Number

    030889

  • Incorporation Date

    28 March 2012

  • Authorized Capital

    ₹4.00 Cr

  • Paid-Up Capital

    ₹4.00 Cr

  • ROC Code

    Roc Ernakulam

  • Listing Status

    Unlisted

  • Company Status

    Under Liquidation

Key Metrics
  • Authorised Capital ₹ 4.00 Cr
  • Paid Up Capital ₹ 4.00 Cr
  • Company Age 13 Year, 10 Months
  • Last Filing with ROC 31 Mar 2019
  • Open Charges ₹ 20.00 Cr
  • Revenue Growth **** 3.17%
  • Profit Growth **** -2701.38%
  • Ebitda **** -320.57%
  • Net Worth -186.26%
  • Total Assets -7.42%
Company report

Savute Textiles Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Savute Textiles 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 Savute Textiles Private Limited?
Current Directors
Name Designation Appointment Date Status
Easwara Pillai Kesavan Nair Irp/Rp/Liquidator 03 Sep 2023 Current
Peedimakkal Abdulsalim Najeeb Director 26 Mar 2015 Current
Vinesan Gopinathan Whole-Time Director 28 Mar 2012 Current
Stephen Logan Director 21 May 2012 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Additional Director 27 May 2017 Past
Pramod Abcsdd Director 10 Nov 2021 Past
Pramod Abcsdd Whole-Time Director 08 Feb 2014 Past
Pramod Abcsdd Director 04 Oct 2019 Past
Pramod Abcsdd Additional Director 13 Mar 2013 Past
Pramod Abcsdd Additional Director 30 Sep 2014 Past

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Financial Performance of Savute Textiles.

Savute Textiles Private Limited, for the financial year ended 2019, experienced modest growth in revenue, with a 3.17% increase. The company also saw a substantial fall in profitability, with a 2701.38% decrease in profit. The company's net worth observed a substantial decline by a decrease of 186.26%.

Savute Textiles revenue growth over time
Savute Textiles profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

  • 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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3.17%
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*******
*******
*******
Revenue from Operations
*******
3.14%
*******
*******
*******
*******
Total Assets
*******
-7.42%
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*******
*******
*******
Profit or Loss
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-2701.38%
*******
*******
*******
*******
Net Worth
*******
-186.26%
*******
*******
*******
*******
EBITDA
*******
-320.57%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Savute Textiles?

In 2019, Savute Textiles had a promoter holding of 77.44% and a public holding of 22.56%. The company had 2 Subsidiaries. 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

₹200,000,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions
  • Canara Bank : 20.00 Cr
Latest Charge Details
Date Lender Amount Status
30 Jun 2014 Canara Bank ₹20.00 Cr Open

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How Many Employees Work at Savute Textiles?

Savute Textiles has a workforce of 11 employees as of Apr 03, 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 Savute 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 Savute 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 Savute Textiles
Recent Activity within the Organization
  • Director Appointment

    The activity Easwara Pillai Kesavan Nair was appointed as a IRP/RP/Liquidator was appointed as a IRP/RP/Liquidator on 03 Sep 2023 & has been associated with this company since 2 years 5 months . was completed.

  • Annual General Meeting

    Progress on Savute Textiles Private Limited last Annual general meeting of members was held on 30 Sep 2019 as per latest MCA records. was documented.

  • Balance Sheet

    The activity Savute Textiles Private Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Ernakulam. was completed.

  • Charges

    A charge with Canara Bank of Rs. 20.00 Cr registered on 30 Jun 2014 with Charge ID 10546025 was modified on 31 Jan 2018. was recorded as a recent event.

  • Director Appointment

    Peedimakkal Abdulsalim Najeeb was appointed as a Director was appointed as a Director on 26 Mar 2015 & has been associated with this company since 10 years 10 months . was recorded as a recent event.

  • Charges

    The activity A charge with Canara Bank amounted to Rs. 20.00 Cr with Charge ID 10546025 was registered on 30 Jun 2014. was completed.

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Frequently Asked Questions
What is the CIN of Savute Textiles Private Limited?

The CIN of Savute Textiles Private Limited is U17200KL2012PTC030889.

Where is Savute Textiles Private Limited headquartered?

Savute Textiles Private Limited is headquartered at Vaninilayam, Pra : 68 Friends Nagar, Palachuvadu, Kakkanad, Kerala, 682038.

When was Savute Textiles Private Limited incorporated?

Savute Textiles Private Limited was incorporated on 28 March 2012.

Who are the current directors of Savute Textiles Private Limited?

The current directors of Savute Textiles Private Limited are

What is the primary industry of Savute Textiles Private Limited?

The primary industry of Savute Textiles Private Limited is Manufacturing.

Is Savute Textiles Private Limited a listed company?

Savute Textiles Private Limited is unlisted.

What is the capital structure of Savute Textiles Private Limited?

The authorized capital of Savute Textiles Private Limited is ₹4.00 Cr, and the paid-up capital is ₹4.00 Cr.

What is the compliance status of Savute Textiles Private Limited?

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

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