Cheran Spinner Profile
Key Indicators
- Authorised Capital ₹ 7.00 Cr
- Paid Up Capital ₹ 6.92 Cr
- Company Age 35 Year, 7 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 81.51 Cr
- Satisfied Charges ₹ 315.97 Cr
- Revenue Growth -1.53%
- Profit Growth -78.68%
- Ebitda -29.98%
- Net Worth 1.35%
- Total Assets 1.57%
About Cheran Spinner
Cheran Spinner Private Limited (CSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 21 July 1989 and has a history of 35 years and seven months. Its registered office is in Namakkal, Tamil Nadu, India.
The Corporate was formerly known as Cheran Spinner 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 2024. It's a company limited by shares with an authorized capital of Rs 7.00 Cr and a paid-up capital of Rs 6.92 Cr.
The company currently has active open charges totaling ₹81.51 Cr. The company has closed loans amounting to ₹315.97 Cr, as per Ministry of Corporate Affairs (MCA) records.
Sengodagounder Muthusamy, Alampalayam Palanisamy, Palanisamy Thangavel, and One other member serve as directors at the Company.
Company Details
- Location
Namakkal, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U17111TZ1989PTC002487
- Company No.
002487
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
21 Jul 1989
- Date of AGM
28 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Coimbatore
Industry
Who are the key members and board of directors at Cheran Spinner?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sengodagounder Muthusamy  | Director | 21-Jul-1989 | Current |
| Alampalayam Palanisamy | Director | 21-Jul-1989 | Current |
| Palanisamy Thangavel | Director | 01-Mar-2019 | Current |
| Muthusamy Ramakrishnaprasad | Whole-Time Director | 01-Mar-2019 | Current |
Financial Performance of Cheran Spinner.
Cheran Spinner Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 1.53% decrease. The company also saw a substantial fall in profitability, with a 78.68% decrease in profit. The company's net worth moved up by a moderate rise of 1.35%.
- Key Matrics
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What is the Ownership and Shareholding Structure of Cheran Spinner?
In 2023, Cheran Spinner 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)
Charges (Loans)
₹81.51 Cr
₹315.97 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 34.05 Cr
- Others : 26.37 Cr
- Axis Bank Limited : 21.09 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 11 Jul 2022 | Others | ₹26.37 Cr | Open |
| 15 Mar 2021 | Hdfc Bank Limited | ₹34.05 Cr | Open |
| 24 Feb 2021 | Axis Bank Limited | ₹21.09 Cr | Open |
| 22 Jan 2020 | Canara Bank | ₹5.93 Cr | Satisfied |
| 26 Dec 2014 | Others | ₹9.00 Cr | Satisfied |
How Many Employees Work at Cheran Spinner?
Cheran Spinner has a workforce of 426 employees as of Apr 07, 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 Cheran Spinner, 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 Cheran Spinner'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.
