Birin Spinning Mills Profile
Key Indicators
- Authorised Capital ₹ 7.40 Cr
- Paid Up Capital ₹ 4.39 Cr
- Company Age 19 Year, 10 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 78.09 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 19 years and ten months. 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 7.40 Cr and a paid-up capital of Rs 4.39 Cr.
The company currently has active open charges totaling ₹78.09 Cr. The company has closed loans amounting to ₹35.34 Cr, as per Ministry of Corporate Affairs (MCA) records.
Anil Popat, Avinashi Mathan, Rangaswamy Venkatesh, and Five other members serve as directors at the Company.
Company Details
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Location
Coimbatore, Tamil Nadu, India
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Telephone
+91-XXXXXXXXXX
- Email Address
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Website
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Social Media
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Corporate Identity Details
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CIN/LLPIN
U17111TZ2005PLC011704
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Company No.
011704
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Company Classification
Public Limited Indian Non-Government Company
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Incorporation Date
01 Apr 2005
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Date of AGM
18 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Coimbatore
Industry
Who are the key members and board of directors at Birin Spinning Mills?
Board Members (8)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Anil Popat
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Additional Director | 01-Apr-2024 | Current |
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Avinashi Mathan
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Additional Director | 01-Apr-2024 | Current |
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Rangaswamy Venkatesh
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Additional Director | 01-Apr-2024 | Current |
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Kuppana Thangavelu
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Director | 21-Aug-2023 | Current |
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Avanashilingam
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Whole-Time Director | 01-Apr-2005 | Current |
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Doraiswamy Rangaswamy
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Whole-Time Director | 01-Apr-2005 | Current |
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%.
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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.
Related Corporates (Common Directorship)
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K.P.R. Mill LimitedKuppana Thangavelu is a mutual person
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K.P.R. Sugar Mill Limited
Kuppana Thangavelu is a mutual person
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C S Corporate Solutions Private LimitedKuppana Thangavelu is a mutual person
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Uday Exim Private Limited
Rupa Popat is a mutual person
Charges (Loans)
₹78.09 Cr
₹35.34 Cr
Charges Breakdown by Lending Institutions
- Canara Bank : 78.09 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 07 Oct 2013 | Canara Bank | ₹78.09 Cr | Open |
| 27 Mar 2019 | Canara Bank | ₹0.75 M | Satisfied |
| 24 Sep 2009 | Union Bank Of India | ₹12.22 Cr | Satisfied |
| 29 Dec 2005 | Indian Overseas Bank | ₹23.05 Cr | Satisfied |
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.
Deals i
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
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.
