Adisankara Spinning Mills Private Limited

Produces and sells cotton yarn and operates renewable energy plants.

1995 | Tirpur, Tamil Nadu (India) | Active
Last Updated: July 06, 2024

Adisankara Spinning Mills Profile

Key Indicators

  • Authorised Capital ₹ 9.50 M
  • Paid Up Capital ₹ 9.50 M
  • Company Age 29 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 128.87 Cr
  • Satisfied Charges ₹ 482.42 Cr
  • Revenue Growth -20.41%
  • Profit Growth -132.82%
  • Ebitda -103.63%
  • Net Worth -6.76%
  • Total Assets -9.66%

About Adisankara Spinning Mills

Adisankara Spinning Mills Private Limited (ASMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 17 March 1995 and has a history of 29 years and ten months. Its registered office is in Tirpur, Tamil Nadu, India.

The Corporate was formerly known as Adisankara Spinning Mills Limited. The Company is engaged in the Environment 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 9.50 M and a paid-up capital of Rs 9.50 M.

The company currently has active open charges totaling ₹128.87 Cr. The company has closed loans amounting to ₹482.42 Cr, as per Ministry of Corporate Affairs (MCA) records.

Ramesh Umamaheshwari, Krishnasamy Nimalan, Krishnasamy Niranjan, and One other member serve as directors at the Company.

Company Details

  • Location

    Tirpur, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17111TZ1995PTC005944

  • Company No.

    005944

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    17 Mar 1995

  • Date of AGM

    26 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Environment
Manufacturing

Who are the key members and board of directors at Adisankara Spinning Mills?

Executive Team (1)

Name Designation Appointment Date Status
Ramesh Umamaheshwari Country flag representing In Managing Director 01-Jun-2022 Current

Board Members (3)

Name Designation Appointment Date Status
Krishnasamy Nimalan Director 23-Feb-2023 Current
Krishnasamy Niranjan Director 23-Feb-2023 Current
Ramesh Krishnasamy Country flag representing In Director 01-Jun-2022 Current

Financial Performance of Adisankara Spinning Mills.

Adisankara Spinning Mills Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 20.41% decrease. The company also saw a substantial fall in profitability, with a 132.82% decrease in profit. The company's net worth dipped by a decrease of 6.76%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • 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
-20.41%
Revenue from Operations
-20.50%
Total Assets
-9.66%
Profit or Loss
-132.82%
Net Worth
-6.76%
EBITDA
-103.63%

What is the Ownership and Shareholding Structure of Adisankara Spinning Mills?

In 2023, Adisankara Spinning Mills had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹1,288.70 M

Satisfied Charges

₹4,824.15 M

Charges Breakdown by Lending Institutions

  • State Bank Of India : 128.87 Cr

Latest Charge Details

Date Lender Amount Status
24 Feb 2016 State Bank Of India ₹118.87 Cr Open
06 Mar 2015 State Bank Of India ₹10.00 Cr Open
26 Jun 2019 Hdfc Bank Limited ₹10.00 Cr Satisfied
23 Jan 2015 Idbi Bank Limited ₹75.00 Cr Satisfied
20 Nov 2013 Idbi Bank Limited ₹4.28 Cr Satisfied

How Many Employees Work at Adisankara Spinning Mills?

Adisankara Spinning Mills has a workforce of 1383 employees as of Apr 04, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Adisankara Spinning Mills, 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 Adisankara Spinning Mills'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.

Latest Updates, News, and FAQs on Adisankara Spinning Mills

Recent activity within the organization

  • Annual General Meeting

    Adisankara Spinning Mills Private Limited last Annual general meeting of members was held on 26 Sep 2023 as per latest MCA records.

    26 Sep 2023

  • Balance Sheet

    Adisankara Spinning Mills Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Coimbatore.

    31 Mar 2023

  • Director Appointment

    Krishnasamy Sakkthi Nimalan was appointed as a Director was appointed as a Director on 23 Feb 2023 & has been associated with this company since 1 year 11 months .

    23 Feb 2023

  • Director Appointment

    Krishnasamy Ramesh Visnu Niranjan was appointed as a Director was appointed as a Director on 23 Feb 2023 & has been associated with this company since 1 year 11 months .

    23 Feb 2023

  • Charges

    A charge with State Bank Of India of Rs. 1,188.70 M registered on 24 Feb 2016 with Charge ID 100018991 was modified on 15 Jul 2022.

    15 Jul 2022

  • Director Appointment

    Ramesh Krishnan Krishnasamy was appointed as a Director was appointed as a Director on 01 Jun 2022 & has been associated with this company since 2 years 8 months .

    01 Jun 2022

Frequently asked questions

  • Adisankara Spinning Mills Private Limited was incorporated on 17 Mar 1995.

  • The authorized share capital of Adisankara Spinning Mills Private Limited is ₹ 9.50 M and paid-up capital is ₹ 9.50 M.

  • Currently 4 directors are associated with Adisankara Spinning Mills Private Limited.

    • Ramesh Krishnan Umamaheshwari
    • Krishnasamy Sakkthi Nimalan
    • Krishnasamy Ramesh Visnu Niranjan
    • Ramesh Krishnan Krishnasamy
  • As per Ministry of Corporate Affairs (Mca), the registered address of Adisankara Spinning Mills Private Limited is # S F No :201/2 Site No 208/2 Sirupoolavapatti Main RoadVelampalayam, Tirpur, Tamil Nadu, India, 641652.

  • The corporate identification number (CIN) of Adisankara Spinning Mills Private Limited is U17111TZ1995PTC005944 and the company number is 005944 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Adisankara Spinning Mills Private Limited has fallen by -20.41%.

  • As Per 2023 financial reports, 1383 employees are currently employed by Adisankara Spinning Mills Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Adisankara Spinning Mills Private Limited has experienced an downturn of -6.76%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Adisankara Spinning Mills Private Limited amount to ₹ 128.87 Cr.

  • The most recent Balance Sheet for Adisankara Spinning Mills Private Limited was filed with the ROC on 31 Mar 2023.

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