Solo Knit Process Private Limited

Solo Knit Process Private Limited - manufacturing in Tirupur, Tamil Nadu, India. FY 2026 financials & compliance.
CIN U18101TZ1984PTC001487 Incorporated 27 September 1984 ROC Coimbatore HQ Tirupur, Tamil Nadu, India
Active Private Limited Company manufacturing
Data last updated
Revenue · FY 2024
₹3.27 Cr
▲ 485% YoY
Net profit · FY 2024
₹35.18 Lakh
Net margin 10.8%
EBITDA · FY 2024
₹42.87 Lakh
EBITDA margin 13.1%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹2 Cr
Issued & subscribed
Open charges
₹13.81 Cr
Satisfied ₹5.81 Cr
Company age
42 yrs
Est. 1984
Directors on board
2
As per MCA filings

About Solo Knit Process Private Limited

Data last updated:

Solo Knit Process Private Limited is a private limited company based in Tirupur, Tamil Nadu, India, a subsidiary of Vijay Granites Private Limited. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 27 September 1984 and has been in existence for over 42 years.

The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U18101TZ1984PTC001487. The company has 1 GST registration on record, which is no longer active.

The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹2 Cr. It is led by directors Sridharan and Sampathkumar Nivrutha.

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 Shed No 63 SIDCO Tekic Mudhalipalayam, Tirupur, Tamil Nadu, India – 641606.

As per the financials filed for FY 2024, the company reported a revenue of ₹3.27 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹35.18 Lakh (net margin 10.8%) and EBITDA of ₹42.87 Lakh (EBITDA margin 13.1%). Revenue has grown at a compounded annual rate (CAGR) of 939% over three years and 52% over five years.

As per MCA filings, the company has open charges of ₹13.81 Cr and satisfied charges of ₹5.81 Cr on record. Court records list 14 cases involving the company, including 13 filed by the company and 1 filed against it; 1 case is pending.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website tea-india.org.

Company details

CIN U18101TZ1984PTC001487
Registration Number 001487
Incorporation Date 27 September 1984
ROC Coimbatore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Vijay Granites Private Limited
Compliance Status Active Compliant

Contact details

Solo Knit Process Private Limited's registered office is in Tirupur, Tamil Nadu. Its website is tea-india.org. Its e-mail address is in the company report.

  • Email
  • Registered Address
    Shed No 63 SIDCO Tekic Mudhalipalayam, Tirupur, Tamil Nadu, India – 641606
  • Industry
    Manufacturing, Textile & Fabric Production

To see the full contact details of Solo Knit Process Private Limited, buy the company report.

Comprehensive company report
Solo Knit Process Private Limited - one report that includes everything
  • 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
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Business activity

The main business activity of Solo Knit Process is manufacturing. In detail, this covers textile, leather and other apparel products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC2Textile, leather and other apparel products

To see the full business activity and turnover split of Solo Knit Process Private Limited, buy the company report.

Financials of Solo Knit Process Private Limited

FY 2025 filings available

Solo Knit Process Private Limited reported revenue of ₹3.27 Cr (up 485% YoY) for FY 2024.

Revenue · FY 2024
₹3.27 Cr ▲ 485%
Net profit · FY 2024
₹35.18 Lakh margin 10.8%
EBITDA · FY 2024
₹42.87 Lakh margin 13.1%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 485%
3 years · compounded
▲ 939%
5 years · compounded
▲ 52%
EBITDA CAGR growth
1 year
▲ 122%
3 years · compounded
▲ 746%
5 years · compounded
▲ 35%

Revenue has grown at a compounded annual rate (CAGR) of 52% over five years, including 485% growth in the latest year. EBITDA rose 122% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹42.87 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹35.18 Lakh
Balance Sheet
Share Capital
Reserves and Surplus
Net Worth (Total Equity)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin13.1%
Net Profit Margin10.8%
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
Efficiency and Growth
Asset Turnover
Receivable Days
Payable Days
Inventory Days
Revenue Growth
Net Profit Growth

To see the full financial statements and ratios of Solo Knit Process Private Limited, buy the company report.

Board of directors of Solo Knit Process Private Limited

Solo Knit Process has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
SridharanDirector28 Sep 199828 Years 0 MonthsCurrent
Sampathkumar NivruthaDirector12 May 20251 Years 5 MonthsCurrent

Peer comparison

Solo Knit Process Private Limited is compared with the 5 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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Anijeev Tradeserve Private Limited₹3.27 Cr (FY 2024)0.0%Delhi, India
Solo Knit Process Private Limitedthis company₹3.27 Cr (FY 2024)₹35.18 Lakh10.8%485.0%Tirupur, Tamil Nadu, India
Thughi Apparels Private Limited₹3.27 Cr (FY 2024)-64.0%Tiruppur, Tamil Nadu, India
Bholanath Cotton Mills Pvt Ltd₹3.27 Cr (FY 2024)-12.0%Kolkata, West Bengal, India
Porus Knits Private Limited₹3.26 Cr (FY 2025)-28.0%Punjab, India
Fabzin Private Limited₹3.26 Cr (FY 2025)22.0%Mumbai, Maharashtra, India

To see the full peer comparison of Solo Knit Process Private Limited, buy the company report.

Auditor

Solo Knit Process Private Limited is audited by A R JAGANNATHAN & CO for the financial year 2020.

Auditor firmFinancial yearFirm registration number
A R JAGANNATHAN & COFY 2020001206S

Shareholding

The shareholding of Solo Knit Process Private Limited is on record for 5 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2020FY 2019FY 2017FY 2016FY 2015
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Solo Knit Process Private Limited, buy the company report.

Charges & borrowings

Open charges
₹13.81 Cr
Satisfied charges
₹5.81 Cr
Breakdown by lending institutions
The Karur Vysya Bank Limited₹13.81 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
31 Mar 201510570580The Karur Vysya Bank Limited₹11.65 LakhOpen
28 Oct 201110322555The Karur Vysya Bank Limited₹15 LakhOpen
29 Nov 200610030542The Karur Vysya Bank Limited₹6.77 CrOpen
04 Oct 200610033905The Karur Vysya Bank Limited₹6.77 CrOpen
15 Oct 200480000788Icici Bank Limited₹5.81 CrSatisfied

To see the full charge records of Solo Knit Process Private Limited, buy the company report.

Total charge records: 5 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Solo Knit Process Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Solo Knit Process Private Limited has 1 active EPFO establishment as of Apr 05, 2024.

Active EPFO establishments
1

GST

Solo Knit Process has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.

Total GSTINs
1
Cancelled / inactive
1

To see the full GST registrations and return filing status of Solo Knit Process Private Limited, buy the company report.

Recent activity

Solo Knit Process Private Limited has 4 board changes on record since 1998: 2 appointments and 2 cessations. The latest: Sampathkumar Nivrutha was appointed as Director on 12 May 2025.

AGM
Solo Knit Process Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Appointed
Sampathkumar Nivrutha was appointed as Director.
Filing
Solo Knit Process Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Coimbatore.
Ceased
Srinivasan Jayabal ceased to be Director.
Charges
A charge with The Karur Vysya Bank Limited of Rs. 0.12 Cr registered on 31 Mar 2015 with Charge ID 10570580 was modified on 29 May 2015.
Charges
A charge with The Karur Vysya Bank Limited amounted to Rs. 0.12 Cr with Charge ID 10570580 was registered on 31 Mar 2015.
Ceased
Sakunthala ceased to be Director.
Charges
A charge with The Karur Vysya Bank Limited of Rs. 6.77 Cr registered on 29 Nov 2006 with Charge ID 10030542 was modified on 12 Nov 2012.
Charges
A charge with The Karur Vysya Bank Limited of Rs. 6.77 Cr registered on 04 Oct 2006 with Charge ID 10033905 was modified on 12 Nov 2012.
Charges
A charge with The Karur Vysya Bank Limited amounted to Rs. 0.15 Cr with Charge ID 10322555 was registered on 28 Oct 2011.
Charges
A charge registered on 15 Oct 2004 via Charge ID 80000788 with Icici Bank Limited was fully satisfied on 19 Feb 2007.
Charges
A charge with The Karur Vysya Bank Limited amounted to Rs. 6.77 Cr with Charge ID 10030542 was registered on 29 Nov 2006.

5 earlier events are in the company report.

Frequently asked questions

Solo Knit Process is an active private limited company based in Tirupur, Tamil Nadu, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 27 September 1984 (42+ years old) and is registered under CIN U18101TZ1984PTC001487.

Solo Knit Process has 2 current directors:

The latest financial statements of Solo Knit Process 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.

No. Solo Knit Process has 1 GST registration on record and it is cancelled or inactive.

The CIN (Corporate Identification Number) of Solo Knit Process is U18101TZ1984PTC001487. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Solo Knit Process has 14 court cases on record: 13 filed by the company and 1 filed against it. 1 is pending.

Solo Knit Process was incorporated on 27 September 1984, making it 42+ years old. It is registered with the Registrar of Companies, Coimbatore.

The peers of Solo Knit Process by revenue are Anijeev Tradeserve Private Limited, Thughi Apparels Private Limited, Bholanath Cotton Mills Pvt Ltd, Porus Knits Private Limited, Fabzin Private Limited, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).

Sampathkumar Nivrutha was appointed as Director on 12 May 2025. Srinivasan Jayabal ceased to be Director on 16 Mar 2022. Sakunthala ceased to be Director on 29 Nov 2012. Solo Knit Process has 4 board changes on record in total.

Solo Knit Process can be reached through the website tea-india.org. Its registered office is in Tirupur, Tamil Nadu, India.

The registered office of Solo Knit Process is at Shed No 63 SIDCO Tekic Mudhalipalayam, Tirupur, Tamil Nadu, India – 641606.