Chiranjilal Spinners Private Limited

Produces various types of yarn using polyester, viscose, and cotton materials.

1993 | Salem, Tamil Nadu (India) | Active
Last Updated: November 16, 2024

Chiranjilal Spinners Profile

Key Indicators

  • Authorised Capital ₹ 3.50 Cr
  • Paid Up Capital ₹ 2.73 Cr
  • Company Age 31 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 47.12 Cr
  • Satisfied Charges ₹ 25.12 Cr
  • Revenue Growth -18.33%
  • Profit Growth -92.70%
  • Ebitda -50.86%
  • Net Worth 1.37%
  • Total Assets 27.33%

About Chiranjilal Spinners

Chiranjilal Spinners Private Limited (CSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 03 November 1993 and has a history of 31 years and three months. Its registered office is in Salem, 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 2024. It's a company limited by shares with an authorized capital of Rs 3.50 Cr and a paid-up capital of Rs 2.73 Cr.

The company currently has active open charges totaling ₹47.12 Cr. The company has closed loans amounting to ₹25.12 Cr, as per Ministry of Corporate Affairs (MCA) records.

Anurag and Ashok Parasrampuria serve as directors at the Company.

Company Details

  • Location

    Salem, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U18101TZ1993PTC004671

  • Company No.

    004671

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    03 Nov 1993

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Manufacturing

Who are the key members and board of directors at Chiranjilal Spinners?

Executive Team (1)

Name Designation Appointment Date Status
Ashok Parasrampuria Country flag representing In Managing Director 03-Nov-1993 Current

Board Members (1)

Name Designation Appointment Date Status
Anurag Country flag representing In Whole-Time Director 30-Apr-2007 Current

Financial Performance of Chiranjilal Spinners.

Chiranjilal Spinners Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 18.33% decrease. The company also saw a substantial fall in profitability, with a 92.7% decrease in profit. The company's net worth moved up by a moderate rise of 1.37%.

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
-18.33%
Revenue from Operations
-18.21%
Total Assets
27.33%
Profit or Loss
-92.70%
Net Worth
1.37%
EBITDA
-50.86%

What is the Ownership and Shareholding Structure of Chiranjilal Spinners?

In 2023, Chiranjilal Spinners 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

₹47.12 Cr

Satisfied Charges

₹25.12 Cr

Charges Breakdown by Lending Institutions

  • Karnataka Bank Ltd. : 45.87 Cr
  • The Karnataka Bank Limited : 1.25 Cr

Latest Charge Details

Date Lender Amount Status
27 Feb 2012 The Karnataka Bank Limited ₹1.25 Cr Open
10 Feb 2011 Karnataka Bank Ltd. ₹45.87 Cr Open
09 Jun 2017 Others ₹5.00 Cr Satisfied
07 Dec 2012 Karnataka Bank Ltd. ₹3.72 Cr Satisfied
29 Jun 2012 The Karnataka Bank Limited ₹4.00 Cr Satisfied

How Many Employees Work at Chiranjilal Spinners?

Chiranjilal Spinners has a workforce of 80 employees as of Mar 28, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Chiranjilal Spinners, 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 Chiranjilal Spinners'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 Chiranjilal Spinners

Recent activity within the organization

  • Charges

    A charge with Karnataka Bank Ltd. of Rs. 45.87 Cr registered on 10 Feb 2011 with Charge ID 10314070 was modified on 30 Oct 2024.

    30 Oct 2024

  • Annual General Meeting

    Chiranjilal Spinners Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Chiranjilal Spinners Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore.

    31 Mar 2024

  • Charges

    A charge registered on 09 Jun 2017 via Charge ID 100104613 with Others was fully satisfied on 07 Sep 2022.

    07 Sep 2022

  • Charges

    A charge registered on 05 Jul 2011 via Charge ID 10302902 with Karnataka Bank Ltd was fully satisfied on 07 Sep 2022.

    07 Sep 2022

  • Charges

    A charge registered on 07 Dec 2012 via Charge ID 10395269 with Karnataka Bank Ltd. was fully satisfied on 01 Jul 2020.

    01 Jul 2020

Frequently asked questions

  • Chiranjilal Spinners Private Limited was incorporated on 03 Nov 1993.

  • The authorized share capital of Chiranjilal Spinners Private Limited is ₹ 3.50 Cr and paid-up capital is ₹ 2.73 Cr.

  • Currently 2 directors are associated with Chiranjilal Spinners Private Limited.

    • Anurag
    • Ashok Kumar Parasrampuria
  • As per Ministry of Corporate Affairs (Mca), the registered address of Chiranjilal Spinners Private Limited is 12/62E 1St Cross Brindavan Road Fairlands, India, Salem, Tamil Nadu, 636016.

  • The corporate identification number (CIN) of Chiranjilal Spinners Private Limited is U18101TZ1993PTC004671 and the company number is 004671 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Chiranjilal Spinners Private Limited has fallen by -18.33%.

  • As Per 2023 financial reports, 80 employees are currently employed by Chiranjilal Spinners Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Chiranjilal Spinners Private Limited has experienced an upsurge of 1.37%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Chiranjilal Spinners Private Limited amount to ₹ 47.12 Cr.

  • The most recent Balance Sheet for Chiranjilal Spinners Private Limited was filed with the ROC on 31 Mar 2024.

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