Archana Spinners Limited

Textile company specializing in spinning and manufacturing various types of cloth and wool.

1993 | Tuticorin, Tamil Nadu (India) | Active
Last Updated: January 13, 2025

Archana Spinners Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 1.83 Cr
  • Company Age 31 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 3.70 Cr
  • Revenue Growth 438.40%
  • Profit Growth -594.75%
  • Ebitda -7737.10%
  • Net Worth 32.29%
  • Total Assets 6.26%

About Archana Spinners

Archana Spinners Limited (ASL) is a Public Limited Indian Non-Government Company incorporated in India on 25 October 1993 and has a history of 31 years and three months. Its registered office is in Tuticorin, Tamil Nadu, India.

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 2024. It's a company limited by shares with an authorized capital of Rs 2.00 Cr and a paid-up capital of Rs 1.83 Cr.

The company has closed loans amounting to ₹3.70 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Marthi Rajaram, Marthi Krishnamohan, and Marthi Rajaram serve as directors at the Company.

Company Details

  • Location

    Tuticorin, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17111TN1993PLC026088

  • Company No.

    026088

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    25 Oct 1993

  • Date of AGM

    13 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Manufacturing

Who are the key members and board of directors at Archana Spinners?

Board Members (3)

Name Designation Appointment Date Status
Marthi Rajaram Country flag representing In Director 25-Oct-1993 Current
Marthi Krishnamohan Country flag representing In Director 27-Nov-2008 Current
Marthi Rajaram Country flag representing In Director 25-Oct-1993 Current

Financial Performance of Archana Spinners.

Archana Spinners Limited, for the financial year ended 2020, experienced significant growth in revenue, with a 438.4% increase. The company also saw a substantial fall in profitability, with a 594.75% decrease in profit. The company's net worth Soared by an impressive increase of 32.29%.

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
438.40%
Revenue from Operations
Total Assets
6.26%
Profit or Loss
-594.75%
Net Worth
32.29%
EBITDA
-7737.10%

What is the Ownership and Shareholding Structure of Archana Spinners?

In 2020, Archana Spinners had a promoter holding of 60.79% and a public holding of 39.21%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹3.70 Cr

Charges Breakdown by Lending Institutions

  • The Federal Bank Ltd : 1.65 Cr
  • The Tamilnadu Industrial Investment Corporation Limited : 0.90 Cr
  • Upasana Finance Limited : 0.58 Cr
  • Tamilnadu Indl. Investment Corpn. Ltd. : 0.57 Cr

Latest Charge Details

Date Lender Amount Status
22 Jan 1998 The Federal Bank Ltd ₹7.50 M Satisfied
02 Jul 1997 Upasana Finance Limited ₹5.80 M Satisfied
28 May 1997 Tamilnadu Indl. Investment Corpn. Ltd. ₹5.70 M Satisfied
07 Jul 1995 The Federal Bank Ltd ₹9.00 M Satisfied
27 Apr 1995 The Tamilnadu Industrial Investment Corporation Limited ₹9.00 M Satisfied

How Many Employees Work at Archana Spinners?

Archana Spinners has a workforce of 0 employees as of Apr 09, 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 Archana 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 Archana Spinners'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 Archana Spinners

Recent activity within the organization

  • Annual General Meeting

    Archana Spinners Limited last Annual general meeting of members was held on 13 Sep 2024 as per latest MCA records.

    13 Sep 2024

  • Balance Sheet

    Archana Spinners Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

    31 Mar 2024

  • Director Appointment

    Marthi Rajaram Krishnamohan was appointed as a Director was appointed as a Director on 27 Nov 2008 & has been associated with this company since 16 years 2 months .

    27 Nov 2008

  • Charges

    A charge registered on 28 May 1997 via Charge ID 90295389 with Tamilnadu Indl. Investment Corpn. Ltd. was fully satisfied on 29 Nov 2007.

    29 Nov 2007

  • Charges

    A charge registered on 27 Apr 1995 via Charge ID 90295368 with The Tamilnadu Industrial Investment Corporation Limited was fully satisfied on 29 Nov 2007.

    29 Nov 2007

  • Charges

    A charge registered on 22 Jan 1998 via Charge ID 90294546 with The Federal Bank Ltd was fully satisfied on 28 Sep 2007.

    28 Sep 2007

Frequently asked questions

  • Archana Spinners Limited was incorporated on 25 Oct 1993.

  • The authorized share capital of Archana Spinners Limited is ₹ 2.00 Cr and paid-up capital is ₹ 1.83 Cr.

  • Currently 3 directors are associated with Archana Spinners Limited.

    • Marthi Subrahmanyam Rajaram
    • Marthi Rajaram Krishnamohan
    • Marthi Girija Rajaram
  • As per Ministry of Corporate Affairs (Mca), the registered address of Archana Spinners Limited is Chettimalanpattii Village Ellanaickenpatti Post- Srivaikunda M Taluk Tuticorin India, Distrct, Tamil Nadu, 628851.

  • The corporate identification number (CIN) of Archana Spinners Limited is U17111TN1993PLC026088 and the company number is 026088 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2020, the revenue trend for Archana Spinners Limited has risen by 438.40%.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Archana Spinners Limited has experienced an upsurge of 32.29%.

  • The most recent Balance Sheet for Archana Spinners Limited was filed with the ROC on 31 Mar 2024.