Balu Spinning Mills Profile
Key Indicators
- Authorised Capital ₹ 50.00 Cr
as on 01-07-2024
- Paid Up Capital ₹ 42.14 Cr
as on 01-07-2024
- Company Age 30 Year, 7 Months
- Last Filing with ROC 31 Mar 2023
- Satisfied Charges ₹ 375.91 Cr
as on 01-07-2024
- Revenue -86.74%
(FY 2021)
- Profit 54.67%
(FY 2021)
- Ebitda 129.85%
(FY 2021)
- Net Worth -42.20%
(FY 2021)
- Total Assets -31.47%
(FY 2021)
About Balu Spinning Mills
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 50.00 Cr and a paid-up capital of Rs 42.14 Cr.
The company has closed loans amounting to ₹375.91 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
Balasubramaniam Rajalakshmi, Balasubramaniam Roopa, and Balasubramaniam Eashwar serve as directors at the Company.
- CIN/LLPIN
U17111TZ1994PTC005050
- Company No.
005050
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
05 May 1994
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Coimbatore
Industry
Company Details
- Location
Coimbatore, Tamil Nadu, India
- Telephone
- Email Address
- Website
- Social Media-
What products or services does Balu Spinning Mills Private Limited offer?
Balu Spinning Mills Private Limited offers a wide range of products and services, including Yarns & Threads, Cotton Yarn.
Who are the key members and board of directors at Balu Spinning Mills?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Balasubramaniam Rajalakshmi  | Managing Director | 05-May-1994 | Current |
Board Members(2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Balasubramaniam Roopa | Director | 05-May-1994 | Current |
| Balasubramaniam Eashwar | Additional Director | 16-Sep-2013 | Current |
Financial Performance of Balu Spinning Mills.
Balu Spinning Mills Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 86.74% decrease. The company also saw a substantial improvement in profitability, with a 54.67% increase in profit. The company's net worth observed a substantial decline by a decrease of 42.2%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Balu Spinning Mills?
In 2020, Balu 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.
Related Corporates (Common Directorship)
Roopa Cotton Mills Private LimitedActive 13 years 7 monthsBalasubramaniam Rajalakshmi and Balasubramaniam Eashwar are mutual person
- Roopalakshmi Cotton Spinning Mills Private LimitedActive 18 years 5 months
Balasubramaniam Rajalakshmi and Balasubramaniam Roopa are mutual person
- Balu Wind Power Private LimitedActive 14 years 9 months
Balasubramaniam Rajalakshmi and Balasubramaniam Eashwar are mutual person
- Bsm Wind Energy Private LimitedActive 14 years 7 months
Balasubramaniam Rajalakshmi and Balasubramaniam Eashwar are mutual person
- Aarrwin Textile Apparel Private LimitedActive 9 months 25 days
Balasubramaniam Eashwar is a mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 23 Jul 2020 | ₹10.00 Cr | Satisfied |
Others Creation Date: 29 Jun 2020 | ₹18.00 Cr | Satisfied |
Canara Bank Creation Date: 07 Feb 2014 | ₹8.00 Cr | Satisfied |
How Many Employees Work at Balu Spinning Mills?
Unlock and access historical data on people associated with Balu Spinning Mills, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Balu 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 Balu 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
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