Chida Spinning Mills Pvt Ltd

Produces and sells cotton yarn since 1982, based in Andhra Pradesh.

1982 | Chittoor, Andhra Pradesh (India) | Active
Last Updated: December 23, 2024

Chida Spinning Mills Profile

Key Indicators

  • Authorised Capital ₹ 2.40 Cr
  • Paid Up Capital ₹ 2.25 Cr
  • Company Age 43 Year, 8 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 9.11 Cr
  • Satisfied Charges ₹ 60.13 Cr
  • Revenue Growth -5.61%
  • Profit Growth 70.56%
  • Ebitda 37.98%
  • Net Worth -546.06%
  • Total Assets 22.28%

About Chida Spinning Mills

Chida Spinning Mills Pvt Ltd (CSMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 15 February 1982 and has a history of 43 years. Its registered office is in Chittoor, Andhra Pradesh, 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 2.40 Cr and a paid-up capital of Rs 2.25 Cr.

The company currently has active open charges totaling ₹9.11 Cr. The company has closed loans amounting to ₹60.13 Cr, as per Ministry of Corporate Affairs (MCA) records.

Murugappan, Periakaruppan Veerappan, Chidambaram Periakaruppan, and One other member serve as directors at the Company.

Company Details

  • Location

    Chittoor, Andhra Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    chidaspinning.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U18100AP1982PTC003396

  • Company No.

    003396

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    15 Feb 1982

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Vijayawada

Industry

Manufacturing

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

Board Members (4)

NameDesignationAppointment DateStatus
Murugappan Country flag representing In Director 02-Jun-1982Current
Periakaruppan Veerappan Country flag representing In Director 21-Jun-2019Current
Chidambaram Periakaruppan Country flag representing Sg Director 30-Nov-2010Current
Chidambaram Nachiappan Country flag representing In Director 24-Nov-2007Current

Financial Performance of Chida Spinning Mills.

Chida Spinning Mills Pvt Ltd, for the financial year ended 2021, experienced Minor drop in revenue, with a 5.61% decrease. The company also saw a substantial improvement in profitability, with a 70.56% increase in profit. The company's net worth observed a substantial decline by a decrease of 546.06%.

Graph illustrating revenue growth over time
Graph showing 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
-5.61%
Revenue from Operations
-5.47%
Total Assets
22.28%
Profit or Loss
70.56%
Net Worth
-546.06%
EBITDA
37.98%

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

In 2022, Chida 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

₹9.11 Cr

Satisfied Charges

₹60.13 Cr

Charges Breakdown by Lending Institutions

  • Bank Of Madura Ltd. : 5.09 Cr
  • A.P. Industrial Dev. Corporation Ltd. : 2.70 Cr
  • A.P. State Financial Corporation : 1.02 Cr
  • A.P. Industrial Dev. Corpn. Ltd. : 0.30 Cr

Latest Charge Details

DateLenderAmountStatus
16 Feb 1994Bank Of Madura Ltd.₹2.50 MOpen
12 May 1993A.P. Industrial Dev. Corporation Ltd.₹1.88 MOpen
07 Apr 1992A.P. Industrial Dev. Corporation Ltd.₹9.00 MOpen
03 Mar 1992Bank Of Madura Ltd.₹1.20 CrOpen
12 Apr 1991Bank Of Madura Ltd.₹2.00 MOpen

How Many Employees Work at Chida Spinning Mills?

Unlock and access historical data on people associated with Chida Spinning Mills, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

    Chida Spinning Mills Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Vijayawada.

    31 Mar 2024

  • Charges

    A charge registered on 29 Mar 2021 via Charge ID 100431919 with City Union Bank Limited was fully satisfied on 19 Apr 2023.

    19 Apr 2023

  • Charges

    A charge registered on 30 Nov 2021 via Charge ID 100514915 with City Union Bank Limited was fully satisfied on 18 Apr 2023.

    18 Apr 2023

  • Charges

    A charge registered on 17 Nov 2020 via Charge ID 100394084 with City Union Bank Limited was fully satisfied on 18 Apr 2023.

    18 Apr 2023

  • Charges

    A charge registered on 17 Nov 2020 via Charge ID 100394089 with City Union Bank Limited was fully satisfied on 18 Apr 2023.

    18 Apr 2023

Frequently asked questions

  • Chida Spinning Mills Pvt Ltd was incorporated on 15 Feb 1982.

  • The authorized share capital of Chida Spinning Mills Pvt Ltd is ₹ 2.40 Cr and paid-up capital is ₹ 2.25 Cr.

  • Currently 4 directors are associated with Chida Spinning Mills Pvt Ltd.

    • Murugappan
    • Periakaruppan Veerappan
    • Chidambaram Periakaruppan
    • Chidambaram Chettiar Nachiappan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Chida Spinning Mills Pvt Ltd is Post Box : 14Naraanavanam Raod Puttur, Chittoor India, Andhra Pradesh, 517583.

  • The corporate identification number (CIN) of Chida Spinning Mills Pvt Ltd is U18100AP1982PTC003396 and the company number is 003396 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Chida Spinning Mills Pvt Ltd is https://www.chidaspinning.com

  • According to the financial reports for the fiscal year 2021, the revenue trend for Chida Spinning Mills Pvt Ltd has fallen by -5.61%.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Chida Spinning Mills Pvt Ltd has experienced an downturn of -546.06%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Chida Spinning Mills Pvt Ltd amount to ₹ 9.11 Cr.

  • The most recent Balance Sheet for Chida Spinning Mills Pvt Ltd was filed with the ROC on 31 Mar 2024.

Similar Companies Based on Textile & Fabric Production