Sel Textiles Limited - Company overview

Sel Textiles Limited is shown as "Under Cirp" in MCA records.

2008-07-01 Ludhiana, Punjab Under Cirp Unlisted Active Compliant
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Key Metrics Public MCA facts are exact. Revenue, profit, assets, and employee figures may show as ranges until unlocked.

REVENUE
₹50–100 Cr
▼ -59.7%
FY 2021
PROFIT / LOSS
Loss · ₹1–5 Cr
▲ 96.3%
FY 2021
EBITDA
Loss · ₹10–25 Cr
▲ 48.8%
FY 2021
NET WORTH
Loss · ₹500–1000 Cr
▼ -14.5%
FY 2021
TOTAL ASSETS
₹1000+ Cr
▼ -8.3%
FY 2021
EMPLOYEE COUNT
301–310
OPEN CHARGES
10
4,365.88 cr
PAID-UP CAPITAL
127.06 cr
AUTHORISED CAPITAL
200.00 cr
COMPANY AGE
18 Years 3 Months
since 2008-07-01
LAST FILING WITH ROC
2021-03-31
Last AGM: 2021-11-30
ACTIVE GST
3
Updated: 2025-02-06 18:40:25
TOTAL MONEY RAISED
₹500–1000 Cr
SATISFIED CHARGES
-
-

Company Health Scores Scores from 0–100 based on filings, compliance signals, financials, and board history on this profile.

Health scores for Sel Textiles Limited covering vendor trust, statutory compliance, financial health and director risk - derived from MCA filings, GST and EPFO records, financial statements and the company's board history.

Vendor Trust Score High risk
28/100
Overall counterparty comfort for vendors and customers.
  • Blend of compliance (5), financial health (5), director (55) and company-foundation signals.
  • Operating for 18+ years.
Compliance Score High risk
5/100
Statutory filings, status and regulatory flags.
  • Company status is "Under Cirp" (not Active).
  • Last balance sheet filed for Mar 2021 - filings look overdue.
Financial Health Score High risk
5/100
Profitability, leverage and liquidity from filed statements.
  • Loss-making in FY 2021.
  • Negative net worth - capital eroded by losses.
Director Risk Score Moderate
55/100
Board strength, DIN status and churn.
  • 5 directors on the board.
  • Director NAVNEET GUPTA has DIN status "Deactivated due to non-filing of DIR-3 KYC".
Scores are derived from MCA filings, financial statements and public records on this page. Higher is safer. They are indicative, not a credit rating.
360° Intelligence Report: trust score, financial health, credit risk, growth & distress signals - auto-generated from filings. View report →

About Sel Textiles Limited Company identity, industry, contact, and registration details from MCA and company records.

Sel Textiles Limited is shown as "Under Cirp" in MCA records. It was registered with ROC Chandigarh on 1 July 2008 as a public limited company. Its registered office is at G.T. Road, Opp Mcdonalds Doraha, Ludhiana, Punjab. Earlier names on record include Sel Textiles Private Limited and Jupiter Drapes & Cuts Apparels Private Limited.

Its filings describe the main line of business as textile, leather and other apparel products, which made up 68% of turnover.

It has five directors: Navneet Gupta, Neeraj Saluja, Dhiraj Saluja and 2 others. The longest-serving is Dhiraj Saluja, on the board since 2008; the most recent to join is Rajeev Sharma, appointed in September 2023. 15 former directors are on record; the most recent to leave was Simmi Cheema in December 2020. Between them, the directors also sit on the boards of 4 other companies, including Silverline Corporation Limited and Rythm Textile & Apparels Park Private Limited.

Paid-up capital stands at ₹127 crore out of ₹200 crore authorised. The last AGM on record was on 30 November 2021, for accounts made up to 31 March 2021. Ten charges (secured loans) are still open, with Central Bank Of India and Punjab National Bank among the lenders.

Manufacturing ••••••••
  • Location G.T. Road, Opp Mcdonalds Doraha, Ludhiana, Punjab - 141421
  • Website seltextiles.com
Name History
Legal NameSel Textiles Limited
CIN / LLPINU17299PB2008PLC032050
Company No.032050
ClassificationPublic Limited Indian Non-Government Company
Incorporation Date2008-07-01
Date of AGM2021-11-30
Date of Balance Sheet2021-03-31
Listing StatusUnlisted
ROC CodeRoc Chandigarh
PAN
LEI Number
Active ComplianceActive Compliant

Current Directors of Sel Textiles Limited (5) Current board members from MCA filings, including designation and appointment details.

N
Navneet Gupta
CFO | Since 2014-05-29 | DIN: 02122420
N
Neeraj Saluja
Director | Since 2009-05-07 | DIN: 00871939
D
Dhiraj Saluja
Director | Since 2008-07-01 | DIN: 01144870
N
Navneet Gupta
CFO | Since 2014-05-29
R
Rajeev Sharma
IRP/RP/Liquidator | Since 2023-09-06 | DIN: 10893330

Financial Performance of Sel Textiles Limited Bands and Low / Medium / High trend shape. Exact figures unlock with your report.

Estimated bands · FY 2021
Revenue ₹50–100 Cr ▼ -59.7%
P&L Loss · ₹1–5 Cr ▲ 96.3%
EBITDA Loss · ₹10–25 Cr ▲ 48.8%
Net worth Loss · ₹500–1000 Cr ▼ -14.5%

Exact figures and labelled charts require an active report plan.

Verified entity values are shown only after access is granted.

Charges of Sel Textiles Limited Open and satisfied charges registered against the company with MCA.

Central Bank Of India : 2,486.57 cr
Punjab National Bank : 262.62 cr
Union Bank Of India : 63.04 cr
Corporation Bank : 3.50 cr
Open Charges: 10 Satisfied Charges: 0
Open 4,365.88 cr
Satisfied 0
LenderAmountStatus
Central Bank Of India
Creation Date: 04 Feb 2015
 2,013.26 cr Open
Central Bank Of India
Creation Date: 30 Sep 2014
 473.31 cr Open
Punjab National Bank
Creation Date: 29 Sep 2014
 262.62 cr Open

Business Activity Principal business activity and turnover mix from MCA filings.

Activity GroupDescriptionTurnover %
ManufacturingTextile, leather and other apparel products68
TradeWholesale Trading32

Companies With Common Directors Of Sel Textiles Limited Other companies that share directors with this entity, based on MCA and compliance network data.

Board Overlap From MCA / Compliance Filings

Silverline Corporation Limited 2 Shared Directors
Rythm Textile & Apparels Park Private Limited 1 Shared Director
Sel Renewable Power Limited 1 Shared Director
Shiv Narayan Investments Private Limited 1 Shared Director

Financial Ratios of Sel Textiles Limited Profitability, leverage, and liquidity ratios from filed statements. Exact values unlock with your report.

6 years of ratios on record

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Net profit margin Debt / Equity Current ratio ROE

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Shareholding Pattern of Sel Textiles Limited Ownership and contribution detail from filings. Full breakdown unlocks with your report.

6 shareholder categories on record

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Ownership mix Category breakdown Year-wise pattern Promoter holding

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Employees and EPFO Compliance at Sel Textiles Limited EPFO establishments, contributions, and headcount history. Full records unlock with your report.

1 establishment linked

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Monthly headcount PF contributions ECR filing status Establishment history

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GST Compliance of Sel Textiles Limited GST registrations and filing status by state. Full compliance detail unlocks with your report.

State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.

GSTIN registrations State-wise filing status HSN and SAC details Tax jurisdiction records

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Credit Ratings, Litigation & Regulatory Alerts for Sel Textiles Limited Ratings, court records, and regulatory alerts. Full risk detail unlocks with your report.

1 regulatory flag on record

Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.

Rating history Court and tribunal cases Regulatory alerts Director-linked violations

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MSME Payment Delays by Sel Textiles Limited MSME supplier payment delays and filing history. Full amounts unlock with your report.

Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.

Outstanding amounts Delay periods and reasons MSME-1 filing history Vendor payment signals

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Subsidiaries & Group Companies of Sel Textiles Limited Parent, subsidiary, and related group entities. Full ownership map unlocks with your report.

1 subsidiary on record

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Parent company Subsidiaries and ownership Associates and joint ventures Entity investments

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MCA Filings & Documents of Sel Textiles Limited Official MCA forms, returns, and filing index. Document access unlocks with your report.

Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.

Incorporation documents Annual returns and statements Charge filings Complete filing index

MCA filings and documents require an active report plan.

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Frequently Asked Questions about Sel Textiles Limited Common questions about this company from MCA and profile data. Some answers are limited until unlocked.
Who is the owner of Sel Textiles Limited?
MCA does not publish an "owner" field. Sel Textiles Limited is run by its directors, Navneet Gupta, Neeraj Saluja, Dhiraj Saluja and two others. The people who own the shares are listed in its annual return (form MGT-7), which can differ from the directors.
Who are the current board members and directors of Sel Textiles Limited?
Sel Textiles Limited has five current directors: Navneet Gupta (since May 2014), Neeraj Saluja (since May 2009), Dhiraj Saluja (since July 2008), Navneet Gupta (since May 2014) and Rajeev Sharma (since September 2023).
What is CIN of Sel Textiles Limited?
The CIN of Sel Textiles Limited is U17299PB2008PLC032050. Reading it left to right: U means it is not listed, 17299 is the industry code it registered under, PB is Punjab, 2008 is the year it was registered, PLC is the company type and 032050 is its registration number.
When was Sel Textiles Limited incorporated?
Sel Textiles Limited was incorporated on 1 July 2008 with ROC Chandigarh. That makes it about 18 years old.
What is the registered address of Sel Textiles Limited?
The registered office on MCA records is G.T. Road, Opp Mcdonalds Doraha, Ludhiana, Punjab - 141421.
What is the current status of Sel Textiles Limited?
MCA shows Sel Textiles Limited as "Under Cirp". It is going through insolvency proceedings under the IBC.
What is the contact number or email for Sel Textiles Limited?
You can post to its registered office at G.T. Road, Opp Mcdonalds Doraha, Ludhiana, Punjab - 141421 and use its website, https://seltextiles.com.
What industry or business activity is Sel Textiles Limited associated with?
Its MCA filings list the main business as textile, leather and other apparel products (68% of turnover).
What is paid-up capital and authorised share capital of Sel Textiles Limited?
Paid-up capital is ₹127 crore and authorised capital is ₹200 crore, so about 64% of the authorised amount has been issued.
When did Sel Textiles Limited last file accounts and hold an AGM?
The last AGM on record was on 30 November 2021, and the latest balance sheet is for the year ending 31 March 2021.
Where can I see charges and lenders for Sel Textiles Limited?
Ten charges against Sel Textiles Limited are still open. Lenders named in the filings include Central Bank Of India, Punjab National Bank and Corporation Bank.
Have any directors left Sel Textiles Limited?
Yes, 15 former directors are on record. The most recent to leave were Simmi Cheema (December 2020), Ram Saran Saluja (October 2020) and Ashwani Kumar (August 2019).
Which companies share directors with Sel Textiles Limited?
4 companies share directors with Sel Textiles Limited. Among them are Silverline Corporation Limited, Rythm Textile & Apparels Park Private Limited, Sel Renewable Power Limited and 1 more.
What is the turnover or revenue of Sel Textiles Limited?
Based on filed financial statements, the revenue of Sel Textiles Limited for FY 2021 was in the ₹50–100 Cr range. That is down 59.7% on the previous year. Exact year-wise revenue, profit and balance sheet figures are on the Financial tab.
What is the net worth of Sel Textiles Limited?
For FY 2021, the net worth of Sel Textiles Limited was negative, in the ₹500–1000 Cr range.
How can I get the financial details of Sel Textiles Limited?
The latest accounts on record are for FY 2021. The Financial tab has year-wise profit and loss, balance sheet and ratios, with exact figures after you sign in.
What is the official website of Sel Textiles Limited?
The website on record for Sel Textiles Limited is https://seltextiles.com.
Which company owns seltextiles.com?
seltextiles.com is the website listed for Sel Textiles Limited in its company records.
Sel Textiles Limited - is it listed or unlisted?
Sel Textiles Limited is unlisted, so its shares are not traded on a stock exchange. Its CIN starts with U for the same reason.
What is the ROC code of Sel Textiles Limited?
Sel Textiles Limited is registered with ROC Chandigarh.
What is the company classification of Sel Textiles Limited?
MCA classifies Sel Textiles Limited as: Public Limited Indian Non-Government Company.
Does Sel Textiles Limited have subsidiaries?
Yes, one subsidiary is on record for Sel Textiles Limited.
Does Sel Textiles Limited have GST registrations on file?
Yes, 3 active GST registrations are linked to Sel Textiles Limited, usually one per state it operates in.

Disclaimer: Data on this page is compiled from public sources as available in our system at the time of the last update and is for general information only. Scores are derived indicators, not credit ratings or advice - please verify from official sources and consult a professional before making any business or financial decision.