Sri Saravana Tex Exports India Private Limited

Sri Saravana Tex Exports India Private Limited

Manufacturer and exporter of grey cloth cotton, with own spinning mill and wind energy utilization.

2005 Virudhu Nagar 626117, Tamil Nadu (India) Active

About

Basic Data Updated:

5 days ago

Sri Saravana Tex Exports India Private Limited, according to the credit rating report, is engaged in the production and export of grey cloth cotton to various European countries. The company has established its own spinning mill unit with a capacity of 6,720 spindles, as part of its backward integration strategy. With a total of 31,152 spindle machines, including 5 auto corners and 302 power looms, the company is able to efficiently process the raw material (cotton) sourced from local suppliers into high-quality yarn. The majority of the yarn produced by the company, ranging from 20s to 60s counts, is used in the manufacturing of grey cloth. However, the company also has a significant market for its yarn, with 20% being exported to other countries, particularly China, and the remaining 8... Read More

Industry

Company Details

  • Location
    Virudhu Nagar 626117, Tamil Nadu
  • Website
    1222442
  • Telephone
    1222442
  • Email Address
    1222442
CIN/LLPIN/FCRNU17111TN2005PTC056388
Company No.056388
Company ClassificationPrivate Limited Indian Non-Government Company
Incorporation Date25 May 2005
Date of AGM30 Sep 2023
Date of Balance Sheet31 Mar 2023
Listing StatusUnlisted
ROC CodeRoc Chennai

Financials of Sri Saravana Tex Exports India Private Limited

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Sri Saravana Tex Exports India Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 40.63% decrease. The company also saw a substantial improvement in profitability, with a 73.4% increase in profit. The company's net worth Soared by an impressive increase of 85.71%.

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Corporate Structure

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People in Sri Saravana Tex Exports India Private Limited

Board Members(3)

Charges (Loans)

Open Charges Satisfied Charges

₹13.67 cr

₹30.38 cr

LenderAmountStatus

State Bank Of India

Creation Date: 05 Jul 2023
₹1.14 MOpen

Others

Creation Date: 01 Sep 2020
₹1.08 CrOpen

State Bank Of India

Creation Date: 18 Oct 2007
₹12.48 CrOpen

Deals i

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Rating

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Alert

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Recent activity within the organization

  • Activity

    Annual General Meeting

    Sri Saravana Tex Exports India Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023
  • Activity

    Charges

    A charge with State Bank Of India of Rs. 12.48 cr registered on 18 Oct 2007 with Charge ID 10078022 was modified on 25 Sep 2023.

    25 Sep 2023
  • Activity

    Charges

    A charge with State Bank Of India amounted to Rs. 0.11 cr with Charge ID 100742024 was registered on 05 Jul 2023.

    05 Jul 2023
  • Activity

    Balance Sheet

    Sri Saravana Tex Exports India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023
  • Activity

    Charges

    A charge registered on 21 Jan 2014 via Charge ID 10480828 with Axis Bank Limited was fully satisfied on 21 Apr 2021.

    21 Apr 2021

Frequently asked questions

What is the Incorporation or founding date of Sri Saravana Tex Exports India Private Limited?

Sri Saravana Tex Exports India Private Limited was incorporated 18 years 11 months ago on 25 May 2005 with Registrar of Companies Roc Chennai.

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