Aadhavan Spinners Profile
Key Indicators
- Authorised Capital ₹ 7.00 Cr
as on 16-11-2024
- Paid Up Capital ₹ 6.25 Cr
as on 16-11-2024
- Company Age 7 Year, 10 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 11.67 Cr
as on 16-11-2024
- Revenue -19.25%
(FY 2023)
- Profit -86.80%
(FY 2023)
- Ebitda -6.48%
(FY 2023)
- Net Worth 25.50%
(FY 2023)
- Total Assets 16.98%
(FY 2023)
About Aadhavan Spinners
The Company is engaged in the Manufacturing Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 7.00 Cr and a paid-up capital of Rs 6.25 Cr.
The company currently has active open charges totaling ₹11.67 Cr.
Easwaran Nachimuthu, Manikandan Easwaran, Chandrasekaran Natarajan, and One other member serve as directors at the Company.
- CIN/LLPIN
U17309TZ2017PTC028608
- Company No.
028608
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
08 Mar 2017
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Coimbatore
Industry
Company Details
- Location
Erode, Tamil Nadu, India
- Telephone
- Email Address
- Website
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- Social Media-
Who are the key members and board of directors at Aadhavan Spinners?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Easwaran Nachimuthu  | Managing Director | 08-Mar-2017 | Current |
Board Members(3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Manikandan Easwaran | Director | 08-Mar-2017 | Current |
| Chandrasekaran Natarajan | Director | 08-Mar-2017 | Current |
| Chandraseharan Vidhya | Director | 21-Aug-2020 | Current |
Financial Performance of Aadhavan Spinners.
Aadhavan Spinners Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 19.25% decrease. The company also saw a substantial fall in profitability, with a 86.8% decrease in profit. The company's net worth Soared by an impressive increase of 25.5%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Aadhavan Spinners?
In 2023, Aadhavan Spinners had a promoter holding of 84.30% and a public holding of 15.70%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Canara Bank Creation Date: 27 Sep 2017 | ₹11.67 Cr | Open |
How Many Employees Work at Aadhavan Spinners?
Aadhavan Spinners has a workforce of 54 employees as of Apr 01, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Aadhavan Spinners, 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 Aadhavan Spinners's trajectory.
Rating
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
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.
