Armstrong Spinning Mills Private Limited

Produces organic cotton yarn and knitted fabric with wind and solar power capabilities.

1994 | Coimbatore, Tamil Nadu (India) | Active
Last Updated:

Armstrong Spinning Mills Profile

Key Indicators

  • Authorised Capital ₹ 15.00 Cr
  • Paid Up Capital ₹ 14.40 Cr
  • Company Age 30 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 93.92 Cr
  • Satisfied Charges ₹ 126.39 Cr
  • Revenue Growth 57.56%
  • Profit Growth 30.23%
  • Ebitda 31.08%
  • Net Worth 19.95%
  • Total Assets 54.27%

About Armstrong Spinning Mills

Armstrong Spinning Mills Private Limited (ASMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 26 October 1994 and has a history of 30 years and four months. Its registered office is in Coimbatore, Tamil Nadu, India.

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 15.00 Cr and a paid-up capital of Rs 14.40 Cr.

The company currently has active open charges totaling ₹93.92 Cr. The company has closed loans amounting to ₹126.39 Cr, as per Ministry of Corporate Affairs (MCA) records.

Palanisamy Vivekanand, Renugadevi Palanisamy, and Palanisamy serve as directors at the Company.

Company Details

  • Location

    Coimbatore, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U17111TZ1994PTC005453

  • Company No.

    005453

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    26 Oct 1994

  • Date of AGM

    30 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 Armstrong Spinning Mills?

Executive Team (1)

NameDesignationAppointment DateStatus
Palanisamy Country flag representing In Managing Director23-Dec-2002Current

Board Members (2)

NameDesignationAppointment DateStatus
Palanisamy Vivekanand Country flag representing In Director 26-Oct-1994Current
Renugadevi Palanisamy Country flag representing In Director 26-Oct-1994Current

Financial Performance of Armstrong Spinning Mills.

Armstrong Spinning Mills Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 57.56% increase. The company also saw a substantial improvement in profitability, with a 30.23% increase in profit. The company's net worth Soared by an impressive increase of 19.95%.

Armstrong Spinning Mills revenue growth over time
Armstrong Spinning Mills 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
57.56%
Revenue from Operations
57.52%
Total Assets
54.27%
Profit or Loss
30.23%
Net Worth
19.95%
EBITDA
31.08%

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

In 2023, Armstrong Spinning Mills had a promoter holding of 66.56% and a public holding of 33.44%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹93.92 Cr

Satisfied Charges

₹126.39 Cr

Charges Breakdown by Lending Institutions

  • Canara Bank : 50.78 Cr
  • Hdfc Bank Limited : 43.14 Cr

Latest Charge Details

DateLenderAmountStatus
01 Mar 2024Hdfc Bank Limited₹10.00 CrOpen
17 Feb 2024Hdfc Bank Limited₹12.71 CrOpen
11 Jan 2024Hdfc Bank Limited₹20.43 CrOpen
15 Jun 2022Canara Bank₹50.78 CrOpen
28 Oct 2020City Union Bank Limited₹7.91 CrSatisfied

How Many Employees Work at Armstrong Spinning Mills?

Armstrong Spinning Mills has a workforce of 536 employees as of Nov 20, 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.

Employee growth trends for Armstrong Spinning Mills Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Armstrong 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 Armstrong 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 Armstrong Spinning Mills

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited of Rs. 20.43 Cr registered on 11 Jan 2024 with Charge ID 100852673 was modified on 24 May 2024.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 10.00 Cr with Charge ID 100882512 was registered on 01 Mar 2024.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 12.71 Cr with Charge ID 100883779 was registered on 17 Feb 2024.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 20.43 Cr with Charge ID 100852673 was registered on 11 Jan 2024.

  • Annual General Meeting

    Armstrong Spinning Mills Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Balance Sheet

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

Frequently asked questions

  • What is the Incorporation or founding date of Armstrong Spinning Mills Private Limited?

    Armstrong Spinning Mills Private Limited was incorporated on 26 Oct 1994.

  • What is authorized share capital and paid-up capital of Armstrong Spinning Mills Private Limited?

    The authorized share capital of Armstrong Spinning Mills Private Limited is ₹ 15.00 Cr and paid-up capital is ₹ 14.40 Cr.

  • Who are the current board members & directors of Armstrong Spinning Mills Private Limited?

    Currently 3 directors are associated with Armstrong Spinning Mills Private Limited.

    • Palanisamy Vivekanand
    • Renugadevi Palanisamy
    • Palanisamy

  • What is the registered address of Armstrong Spinning Mills Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Armstrong Spinning Mills Private Limited is 61 C Samynathapuram Ii Streetanupparpalayam Tirupur India, Coimbatore District, Tamil Nadu, 641652.

  • What is the corporate identification number (CIN) and company number of Armstrong Spinning Mills Private Limited?

    The corporate identification number (CIN) of Armstrong Spinning Mills Private Limited is U17111TZ1994PTC005453 and the company number is 005453 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Armstrong Spinning Mills Private Limited?

    The Official website of Armstrong Spinning Mills Private Limited is https://www.armstrong-india.com

  • What has been the recent revenue trend for Armstrong Spinning Mills Private Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Armstrong Spinning Mills Private Limited has risen by 57.56%.

  • How many employees does Armstrong Spinning Mills Private Limited currently have?

    As Per 2022 financial reports, 536 employees are currently employed by Armstrong Spinning Mills Private Limited.

  • What change has been observed in the net worth of Armstrong Spinning Mills Private Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Armstrong Spinning Mills Private Limited has experienced an upsurge of 19.95%.

  • What are the total open charges for Armstrong Spinning Mills Private Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Armstrong Spinning Mills Private Limited amount to ₹ 93.92 Cr.

  • When was the last Balance Sheet of Armstrong Spinning Mills Private Limited filed with the ROC?

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

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