Birin Spinning Mills Limited

Produces and sells a variety of cotton and poly yarns using 14,400 spindles.

2005 | Coimbatore, Tamil Nadu (India) | Active
Last Updated:

Birin Spinning Mills Profile

Key Indicators

  • Authorised Capital ₹ 7.40 Cr
  • Paid Up Capital ₹ 7.39 Cr
  • Company Age 20 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 96.12 Cr
  • Satisfied Charges ₹ 35.34 Cr
  • Revenue Growth 31.71%
  • Profit Growth -56.15%
  • Ebitda -1.84%
  • Net Worth 13.62%
  • Total Assets 9.38%

About Birin Spinning Mills

Birin Spinning Mills Limited (BSML) is a leading Public Limited Indian Non-Government Company incorporated in India on 01 April 2005 and has a history of 20 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 2024. It's a company limited by shares with an authorized capital of Rs 7.40 Cr and a paid-up capital of Rs 7.39 Cr.

The company currently has active open charges totaling ₹96.12 Cr. The company has closed loans amounting to ₹35.34 Cr, as per Ministry of Corporate Affairs (MCA) records.

Doraiswamy Rangaswamy, Anil Popat, Avinashi Mathan, and Five other members 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

    U17111TZ2005PLC011704

  • Company No.

    011704

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    01 Apr 2005

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Manufacturing
Company report

Birin Spinning Mills Limited

Explore comprehensive data for Birin Spinning Mills Limited, including financials, compliance details, shareholding patterns, and litigation history.

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

Board Members (8)

NameDesignationAppointment DateStatus
Doraiswamy Rangaswamy Country flag representing In Whole-Time Director 01-Apr-2005Current
Anil Popat Country flag representing In Director 01-Apr-2024Current
Avinashi Mathan Country flag representing In Director 01-Apr-2024Current
Rangaswamy Venkatesh Country flag representing In Director 01-Apr-2024Current
Kuppana Thangavelu Country flag representing In Director 21-Aug-2023Current
Rupa Popat Country flag representing In Whole-Time Director 16-Aug-2018Current

Financial Performance of Birin Spinning Mills.

Birin Spinning Mills Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 31.71% increase. The company also saw a substantial fall in profitability, with a 56.15% decrease in profit. The company's net worth Soared by an impressive increase of 13.62%.

Birin Spinning Mills revenue growth over time
Birin 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
31.71%
Revenue from Operations
31.71%
Total Assets
9.38%
Profit or Loss
-56.15%
Net Worth
13.62%
EBITDA
-1.84%

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

In 2023, Birin 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

₹96.12 Cr

Satisfied Charges

₹35.34 Cr

Charges Breakdown by Lending Institutions

  • Canara Bank : 56.30 Cr
  • Others : 35.00 Cr
  • Sidbi : 4.82 Cr

Latest Charge Details

DateLenderAmountStatus
27 Jan 2025Sidbi₹4.82 CrOpen
16 Aug 2024Others₹35.00 CrOpen
07 Oct 2013Canara Bank₹56.30 CrOpen
27 Mar 2019Canara Bank₹0.75 MSatisfied
24 Sep 2009Union Bank Of India₹12.22 CrSatisfied

How Many Employees Work at Birin Spinning Mills?

Birin Spinning Mills has a workforce of 217 employees as of Mar 31, 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 Birin Spinning Mills Limited

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Charges

    A charge with Sidbi amounted to Rs. 4.82 Cr with Charge ID 101044651 was registered on 27 Jan 2025.

  • Charges

    A charge with Canara Bank of Rs. 56.30 Cr registered on 07 Oct 2013 with Charge ID 10462576 was modified on 31 Dec 2024.

  • Annual General Meeting

    Birin Spinning Mills Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Charges

    A charge with Others of Rs. 35.00 Cr registered on 16 Aug 2024 with Charge ID 100970489 was modified on 03 Sep 2024.

  • Charges

    A charge with Others amounted to Rs. 35.00 Cr with Charge ID 100970489 was registered on 16 Aug 2024.

  • Director Appointment

    Anil J Popat was appointed as a Director was appointed as a Director on 01 Apr 2024 & has been associated with this company since 1 year 1 month .

Frequently asked questions

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

    Birin Spinning Mills Limited was incorporated on 01 Apr 2005.

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

    The authorized share capital of Birin Spinning Mills Limited is ₹ 7.40 Cr and paid-up capital is ₹ 7.39 Cr.

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

    Currently 8 directors are associated with Birin Spinning Mills Limited.

    • Doraiswamy Rangaswamy
    • Anil J Popat
    • Avinashi Lingam Mathan
    • Rangaswamy Muthu Venkatesh
    • Kuppana Gounder Thangavelu
    • Rupa Popat
    • Chinnaappagounder Thirumurthy
    • Avanashilingam
  • What is the registered address of Birin Spinning Mills Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Birin Spinning Mills Limited is S F No 538 /2 Vengameduavanashi To Mangalam Road Avanashi India, Coimbatore, Tamil Nadu, 641654.

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

    The corporate identification number (CIN) of Birin Spinning Mills Limited is U17111TZ2005PLC011704 and the company number is 011704 as per Ministry of Corporate Affairs (MCA).

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

    According to the financial reports for the fiscal year 2023, the revenue trend for Birin Spinning Mills Limited has risen by 31.71%.

  • How many employees does Birin Spinning Mills Limited currently have?

    As Per 2023 financial reports, 217 employees are currently employed by Birin Spinning Mills Limited.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Birin Spinning Mills Limited has experienced an upsurge of 13.62%.

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

    As per the financial statements for fiscal Year 2023, The total open charges for Birin Spinning Mills Limited amount to ₹ 96.12 Cr.

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

    The most recent Balance Sheet for Birin Spinning Mills Limited was filed with the ROC on 31 Mar 2024.

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