Cheran Spinning Mills Profile
Key Indicators
- Authorised Capital ₹ 1.80 Cr
- Paid Up Capital ₹ 6.80 M
- Company Age 35 Year, 2 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 69.53 Cr
- Satisfied Charges ₹ 29.68 Cr
- Revenue Growth -28.47%
- Profit Growth -104.81%
- Ebitda -59.66%
- Net Worth -0.92%
- Total Assets 2.18%
About Cheran Spinning Mills
Cheran Spinning Mills Private Limited (CSMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 16 November 1989 and has a history of 35 years and two months. Its registered office is in Tirupur, Tamil Nadu, India.
The Corporate was formerly known as Cheran Spinning Mills Limited. The Company is engaged in the Environment 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 1.80 Cr and a paid-up capital of Rs 6.80 M.
The company currently has active open charges totaling ₹69.53 Cr. The company has closed loans amounting to ₹29.68 Cr, as per Ministry of Corporate Affairs (MCA) records.
Anand and Mamarathupalayam Palanisamy serve as directors at the Company.
Company Details
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Location
Tirupur, Tamil Nadu, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U17111TZ1989PTC004015
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Company No.
004015
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
16 Nov 1989
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Date of AGM
30 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 Cheran Spinning Mills?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Mamarathupalayam Palanisamy
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Managing Director | 18-Mar-1993 | Current |
Board Members (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Anand
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Whole-Time Director | 10-Aug-2015 | Current |
Financial Performance of Cheran Spinning Mills.
Cheran Spinning Mills Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 28.47% decrease. The company also saw a substantial fall in profitability, with a 104.81% decrease in profit. The company's net worth dipped by a decrease of 0.92%.
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What is the Ownership and Shareholding Structure of Cheran Spinning Mills?
In 2023, Cheran Spinning Mills had a promoter holding of 9.19% and a public holding of 90.81%. 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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Sri Baby Property Developers Private LimitedAnand is a mutual person
Charges (Loans)
₹69.53 Cr
₹29.68 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 52.60 Cr
- Hdfc Bank Limited : 16.93 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 07 Jan 2022 | Hdfc Bank Limited | ₹9.00 Cr | Open |
| 27 Jan 2020 | Hdfc Bank Limited | ₹7.93 Cr | Open |
| 24 Mar 2016 | State Bank Of India | ₹52.60 Cr | Open |
| 11 Jan 2007 | Hdfc Bank Limited | ₹4.00 Cr | Satisfied |
| 06 Feb 2006 | Indusind Bank Limited | ₹4.00 Cr | Satisfied |
How Many Employees Work at Cheran Spinning Mills?
Cheran Spinning Mills has a workforce of 286 employees as of Mar 29, 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 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 Cheran 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.
