Armstrong Spinning Mills Profile
Key Indicators
- Authorised Capital ₹ 15.00 Cr
- Paid Up Capital ₹ 14.40 Cr
- Company Age 30 Year, 3 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 three 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
Who are the key members and board of directors at Armstrong Spinning Mills?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Palanisamy  | Managing Director | 23-Dec-2002 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Palanisamy Vivekanand | Director | 26-Oct-1994 | Current |
| Renugadevi Palanisamy | Director | 26-Oct-1994 | Current |
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%.
- Key Matrics
- Balance Sheet
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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.
Related Corporates (Common Directorship)
Apex Coco And Solar Energy LimitedPalanisamy is a mutual person
- Apex Parivar Infra And Solar Power Private Limited
Palanisamy is a mutual person
Aic-Nift Tea Incubation Centre For Textiles And ApparelsPalanisamy is a mutual person
Sivapuram Properties LlpPalanisamy Vivekanand is a mutual person
- Sense Organics Sustainable Private Limited
Palanisamy Vivekanand and Palanisamy are mutual person
Charges (Loans)
₹93.92 Cr
₹126.39 Cr
Charges Breakdown by Lending Institutions
- Canara Bank : 50.78 Cr
- Hdfc Bank Limited : 43.14 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 01 Mar 2024 | Hdfc Bank Limited | ₹10.00 Cr | Open |
| 17 Feb 2024 | Hdfc Bank Limited | ₹12.71 Cr | Open |
| 11 Jan 2024 | Hdfc Bank Limited | ₹20.43 Cr | Open |
| 15 Jun 2022 | Canara Bank | ₹50.78 Cr | Open |
| 28 Oct 2020 | City Union Bank Limited | ₹7.91 Cr | Satisfied |
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.
Deals i
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
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.
