Ashwinram Spinning Mills Private Limited

This company manufactures and trades cotton yarn in various counts for domestic markets.

1990 | Coimbatore, Tamil Nadu (India) | Active
Last Updated: June 22, 2024

Ashwinram Spinning Mills Profile

Key Indicators

  • Authorised Capital ₹ 6.50 M
  • Paid Up Capital ₹ 6.50 M
  • Company Age 35 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 53.37 Cr
  • Revenue Growth -11.94%
  • Profit Growth -624.03%
  • Ebitda -60.06%
  • Net Worth -14.24%
  • Total Assets -4.65%

About Ashwinram Spinning Mills

Ashwinram Spinning Mills Private Limited (ASMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 03 January 1990 and has a history of 35 years and one month. Its registered office is in Coimbatore, 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 2023. It's a company limited by shares with an authorized capital of Rs 6.50 M and a paid-up capital of Rs 6.50 M.

The company currently has active open charges totaling ₹53.37 Cr.

Chitra, Murali Dwarakaesh, and Srinivasan Murali serve as directors at the Company.

Company Details

  • Location

    Coimbatore, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    ashwinram.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U17111TZ1990PTC002572

  • Company No.

    002572

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    03 Jan 1990

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Manufacturing

What products or services does Ashwinram Spinning Mills Private Limited offer?

Ashwinram Spinning Mills Private Limited offers a wide range of products and services, including Yarn, Open End Yarn.

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

Executive Team (1)

NameDesignationAppointment DateStatus
Srinivasan Murali Country flag representing In Managing Director03-Jan-1990Current

Board Members (2)

NameDesignationAppointment DateStatus
Murali Dwarakaesh Country flag representing In Director 05-Jan-2015Current
Chitra Country flag representing In Director 11-May-2022Current

Financial Performance of Ashwinram Spinning Mills.

Ashwinram Spinning Mills Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 11.94% decrease. The company also saw a substantial fall in profitability, with a 624.03% decrease in profit. The company's net worth observed a substantial decline by a decrease of 14.24%.

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
-11.94%
Revenue from Operations
-11.97%
Total Assets
-4.65%
Profit or Loss
-624.03%
Net Worth
-14.24%
EBITDA
-60.06%

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

In 2023, Ashwinram 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

₹533.70 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Indian Bank : 53.01 Cr
  • Hdfc Bank Limited : 0.36 Cr

Latest Charge Details

DateLenderAmountStatus
30 Sep 2022Hdfc Bank Limited₹0.51 MOpen
30 Sep 2022Hdfc Bank Limited₹0.51 MOpen
22 Aug 2022Indian Bank₹4.95 CrOpen
15 Jul 2022Hdfc Bank Limited₹0.59 MOpen
03 Jan 2022Indian Bank₹1.80 CrOpen

How Many Employees Work at Ashwinram Spinning Mills?

Unlock and access historical data on people associated with Ashwinram Spinning Mills, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

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

    31 Mar 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.51 M with Charge ID 100655293 was registered on 30 Sep 2022.

    30 Sep 2022

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.51 M with Charge ID 100655324 was registered on 30 Sep 2022.

    30 Sep 2022

  • Charges

    A charge with Indian Bank amounted to Rs. 49.50 M with Charge ID 100644771 was registered on 22 Aug 2022.

    22 Aug 2022

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.59 M with Charge ID 100655149 was registered on 15 Jul 2022.

    15 Jul 2022

Frequently asked questions

  • Ashwinram Spinning Mills Private Limited was incorporated on 03 Jan 1990.

  • The authorized share capital of Ashwinram Spinning Mills Private Limited is ₹ 6.50 M and paid-up capital is ₹ 6.50 M.

  • Currently 3 directors are associated with Ashwinram Spinning Mills Private Limited.

    • Chitra
    • Murali Ashwin Dwarakaesh
    • Srinivasan Murali
  • As per Ministry of Corporate Affairs (Mca), the registered address of Ashwinram Spinning Mills Private Limited is No 15 Lml Colony AmmankulamP N Palayam, Coimbatore, Tamil Nadu, India, 641037.

  • The corporate identification number (CIN) of Ashwinram Spinning Mills Private Limited is U17111TZ1990PTC002572 and the company number is 002572 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Ashwinram Spinning Mills Private Limited is https://www.ashwinram.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Ashwinram Spinning Mills Private Limited has fallen by -11.94%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Ashwinram Spinning Mills Private Limited has experienced an downturn of -14.24%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Ashwinram Spinning Mills Private Limited amount to ₹ 53.37 Cr.

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

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