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Chenduran Cotspin (India) Profile
Key Indicators
- Authorised Capital ₹ 4.75 Cr
- Paid Up Capital ₹ 4.73 Cr
- Company Age 33 Year, 6 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 74.13 Cr
- Satisfied Charges ₹ 148.15 Cr
- Revenue Growth -31.91%
- Profit Growth 898.76%
- Ebitda -82.49%
- Net Worth 2.28%
- Total Assets -7.64%
About Chenduran Cotspin (India)
Chenduran Cotspin (India) Private Limited (CCIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 12 August 1991 and has a history of 33 years and six months. Its registered office is in Tirupur, Tamil Nadu, India.
The Corporate was formerly known as Thuran Spinning Mills Private Limited. 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 4.75 Cr and a paid-up capital of Rs 4.73 Cr.
The company currently has active open charges totaling ₹74.13 Cr. The company has closed loans amounting to ₹148.15 Cr, as per Ministry of Corporate Affairs (MCA) records.
Kandaswamy Senthilkumar, Ponnuswamy Ramesh, Lakshmi Gounder, and Two other members serve as directors at the Company.
Company Details
- Location
Tirupur, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U17111TZ1991PTC003391
- Company No.
003391
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
12 Aug 1991
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Coimbatore
Industry
Manufacturing
Who are the key members and board of directors at Chenduran Cotspin (India)?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Govindaswamy Ponnuswamygounder  | Managing Director | 12-Aug-1991 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Ponnuswamy Balaji | Director | 02-Dec-1994 | Current |
| Kandaswamy Senthilkumar | Whole-Time Director | 16-Jun-1997 | Current |
| Ponnuswamy Ramesh | Director | 22-Dec-2008 | Current |
| Lakshmi Gounder | Director | 12-Feb-2009 | Current |
Financial Performance of Chenduran Cotspin (India).
Chenduran Cotspin (India) Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 31.91% decrease. The company also saw a substantial improvement in profitability, with a 898.76% increase in profit. The company's net worth moved up by a moderate rise of 2.28%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Chenduran Cotspin (India)?
In 2023, Chenduran Cotspin (India) 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)
Elkaypee Spinners Private LimitedKandaswamy Senthilkumar, Ponnuswamy Ramesh and 3 more are mutual person
- Pgl Power Private Limited
Lakshmi Gounder and Govindaswamy Ponnuswamygounder are mutual person
Charges (Loans)
Open Charges
₹74.13 Cr
Satisfied Charges
₹148.15 Cr
Charges Breakdown by Lending Institutions
- Others : 73.86 Cr
- Axis Bank Limited : 0.18 Cr
- Hdfc Bank Limited : 0.07 Cr
- Dbs Bank Ltd : 0.03 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 26 Dec 2023 | Others | ₹34.57 Cr | Open |
| 17 Jul 2023 | Axis Bank Limited | ₹1.79 M | Open |
| 30 Mar 2022 | Hdfc Bank Limited | ₹0.66 M | Open |
| 15 Nov 2021 | Others | ₹39.29 Cr | Open |
| 06 Mar 2021 | Dbs Bank Ltd | ₹0.29 M | Open |
How Many Employees Work at Chenduran Cotspin (India)?
Chenduran Cotspin (India) has a workforce of 278 employees as of Apr 02, 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 Chenduran Cotspin (India), 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 Chenduran Cotspin (India)'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.
