Chola Spinning Mills Private Limited
Manufacturer and seller of viscose yarn with installed capacity of 54,432 spindles and 7 windmills.
1992 | Namakkal, Tamil Nadu (India) | Active
Chola Spinning Mills Profile
Key Indicators
- Authorised Capital ₹ 6.00 Cr
- Paid Up Capital ₹ 5.71 Cr
- Company Age 32 Year, 3 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 175.13 Cr
- Satisfied Charges ₹ 23.82 Cr
- Revenue Growth -5.37%
- Profit Growth 7.78%
- Ebitda 55.69%
- Net Worth 19.29%
- Total Assets 57.62%
About Chola Spinning Mills
Chola Spinning Mills Private Limited (CSMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 15 December 1992 and has a history of 32 years and three months. Its registered office is in Namakkal, Tamil Nadu, India.
The Corporate was formerly known as Chola Spinning Mill Private 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 2024. It's a company limited by shares with an authorized capital of Rs 6.00 Cr and a paid-up capital of Rs 5.71 Cr.
The company currently has active open charges totaling ₹175.13 Cr. The company has closed loans amounting to ₹23.82 Cr, as per Ministry of Corporate Affairs (MCA) records.
Vediyarasampalayam Prasanth, Sengodan Venkatachalam, and Palaniappan Sengodan 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
U17111TZ1992PTC004166
- Company No.
004166
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
15 Dec 1992
- Date of AGM
28 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Coimbatore
Industry
Environment
Manufacturing
Chola Spinning Mills Private Limited
Explore comprehensive data for Chola Spinning Mills Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Chola Spinning Mills?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Vediyarasampalayam Prasanth  | Whole-Time Director | 20-Jan-2016 | Current |
| Sengodan Venkatachalam | Whole-Time Director | 07-May-2009 | Current |
| Palaniappan Sengodan | Whole-Time Director | 15-Dec-1992 | Current |
Financial Performance of Chola Spinning Mills.
Chola Spinning Mills Private Limited, for the financial year ended 2021, experienced Minor drop in revenue, with a 5.37% decrease. The company also saw a slight improvement in profitability, with a 7.78% increase in profit. The company's net worth Soared by an impressive increase of 19.29%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Chola Spinning Mills?
In 2024, Chola 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.
Charges (Loans)
Open Charges
₹175.13 Cr
Satisfied Charges
₹23.82 Cr
Charges Breakdown by Lending Institutions
- Others : 174.72 Cr
- Hdfc Bank Limited : 0.41 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 16 Nov 2020 | Hdfc Bank Limited | ₹4.06 M | Open |
| 29 Nov 2010 | Others | ₹1.40 M | Open |
| 26 Apr 1995 | Others | ₹174.58 Cr | Open |
| 04 Dec 2020 | Hdfc Bank Limited | ₹1.47 M | Satisfied |
| 24 Apr 2018 | Others | ₹3.00 M | Satisfied |
How Many Employees Work at Chola Spinning Mills?
Chola Spinning Mills has a workforce of 143 employees as of Feb 15, 2025. 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 Chola 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 Chola 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.
Latest Updates, News, and FAQs on Chola Spinning Mills
Recent activity within the organization
- Annual General Meeting
Chola Spinning Mills Private Limited last Annual general meeting of members was held on 28 Sep 2024 as per latest MCA records.
- Charges
A charge with Others of Rs. 174.58 Cr registered on 26 Apr 1995 with Charge ID 90002764 was modified on 03 Jul 2024.
- Balance Sheet
Chola Spinning Mills Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore.
- Charges
A charge registered on 04 Dec 2020 via Charge ID 100443892 with Hdfc Bank Limited was fully satisfied on 09 Dec 2023.
- Charges
A charge registered on 24 Apr 2018 via Charge ID 100174392 with Others was fully satisfied on 19 Nov 2022.
- Charges
A charge with Others of Rs. 0.14 Cr registered on 29 Nov 2010 with Charge ID 10261468 was modified on 25 Mar 2022.
Frequently asked questions
What is the Incorporation or founding date of Chola Spinning Mills Private Limited?
Chola Spinning Mills Private Limited was incorporated on 15 Dec 1992.
What is authorized share capital and paid-up capital of Chola Spinning Mills Private Limited?
The authorized share capital of Chola Spinning Mills Private Limited is ₹ 6.00 Cr and paid-up capital is ₹ 5.71 Cr.
Who are the current board members & directors of Chola Spinning Mills Private Limited?
Currently 3 directors are associated with Chola Spinning Mills Private Limited.
- Vediyarasampalayam Venkatachalam Prasanth
- Sengodan Venkatachalam
- Palaniappan Sengodan
What is the registered address of Chola Spinning Mills Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Chola Spinning Mills Private Limited is Sf 189/1 Kumarapalayam Roadveppadai Elanthakuttai Post India, Erode, Tamil Nadu, 638008.
What is the corporate identification number (CIN) and company number of Chola Spinning Mills Private Limited?
The corporate identification number (CIN) of Chola Spinning Mills Private Limited is U17111TZ1992PTC004166 and the company number is 004166 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Chola Spinning Mills Private Limited?
According to the financial reports for the fiscal year 2021, the revenue trend for Chola Spinning Mills Private Limited has fallen by -5.37%.
How many employees does Chola Spinning Mills Private Limited currently have?
As Per 2021 financial reports, 143 employees are currently employed by Chola Spinning Mills Private Limited.
What change has been observed in the net worth of Chola Spinning Mills Private Limited, and by what percentage?
The financial reports for the fiscal year 2021 indicates that The net worth of Chola Spinning Mills Private Limited has experienced an upsurge of 19.29%.
What are the total open charges for Chola Spinning Mills Private Limited?
As per the financial statements for fiscal Year 2021, The total open charges for Chola Spinning Mills Private Limited amount to ₹ 175.13 Cr.
When was the last Balance Sheet of Chola Spinning Mills Private Limited filed with the ROC?
The most recent Balance Sheet for Chola Spinning Mills Private Limited was filed with the ROC on 31 Mar 2024.
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