Dhandapani Spinning Mills Limited
Manufactures and sells spun polyester and dyed filament yarn since 1994 in Salem, Tamil Nadu.
1994 | Salem, Tamil Nadu (India) | Active
Dhandapani Spinning Mills Profile
Key Indicators
- Authorised Capital ₹ 22.50 Cr
- Paid Up Capital ₹ 17.60 Cr
- Company Age 30 Year, 3 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 36.50 Cr
- Satisfied Charges ₹ 54.06 Cr
- Revenue Growth 8.74%
- Profit Growth 8.03%
- Ebitda 16.84%
- Net Worth -5.83%
- Total Assets -5.98%
About Dhandapani Spinning Mills
Dhandapani Spinning Mills Limited (DSML) is a leading Public Limited Indian Non-Government Company incorporated in India on 16 November 1994 and has a history of 30 years and three months. Its registered office is in Salem, Tamil Nadu, India.
The Company is engaged in the Home & Lifestyle 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 22.50 Cr and a paid-up capital of Rs 17.60 Cr.
The company currently has active open charges totaling ₹36.50 Cr. The company has closed loans amounting to ₹54.06 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Dhandapani Spinning Mills Limited India are Sridharan Subramanian as COMPANY SECRETARY and Ravi Kumar as Cfo. Anilkumar Dhandhania, Ravikumar Dhandhania, Parameswaran Parthiban, and Two other members 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
U17111TZ1994PLC005514
- Company No.
005514
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
16 Nov 1994
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Coimbatore
Industry
Home & Lifestyle
Who are the key members and board of directors at Dhandapani Spinning Mills?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ravikumar Dhandhania  | Managing Director | 10-Aug-2004 | Current |
| Sridharan Subramanian | Company Secretary | 01-Sep-2022 | Current |
| Ravi Kumar | CFO | 01-Jun-2019 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Anilkumar Dhandhania | Whole-Time Director | 29-Apr-2004 | Current |
| Parameswaran Parthiban | Director | 04-Apr-2014 | Current |
| Ayyappan Muthuswamychettiar | Director | 25-Apr-2019 | Current |
| Biswanath Dhandhania | Director | 29-Apr-2004 | Current |
Financial Performance of Dhandapani Spinning Mills.
Dhandapani Spinning Mills Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 8.74% increase. The company also saw a slight improvement in profitability, with a 8.03% increase in profit. The company's net worth dipped by a decrease of 5.83%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Dhandapani Spinning Mills?
In 2023, Dhandapani Spinning Mills had a promoter holding of 84.52% and a public holding of 15.48%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
- Meenakshisundareshwar Enterprises Private Limited
Ayyappan Muthuswamychettiar is a mutual person
Charges (Loans)
Open Charges
₹36.50 Cr
Satisfied Charges
₹54.06 Cr
Charges Breakdown by Lending Institutions
- City Union Bank Limited : 35.00 Cr
- Others : 1.50 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 06 Apr 2022 | Others | ₹1.50 Cr | Open |
| 03 Nov 2014 | City Union Bank Limited | ₹35.00 Cr | Open |
| 31 May 2022 | City Union Bank Limited | ₹1.80 M | Satisfied |
| 09 Nov 2020 | Hdfc Bank Limited | ₹3.08 M | Satisfied |
| 27 Feb 2018 | Others | ₹2.50 Cr | Satisfied |
How Many Employees Work at Dhandapani Spinning Mills?
Dhandapani Spinning Mills has a workforce of 71 employees as of Apr 06, 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 Dhandapani 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 Dhandapani 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 Dhandapani Spinning Mills
Recent activity within the organization
- Charges
A charge registered on 09 Nov 2020 via Charge ID 100396963 with Hdfc Bank Limited was fully satisfied on 30 Mar 2024.
- Charges
A charge registered on 27 Feb 2018 via Charge ID 100173982 with Others was fully satisfied on 29 Dec 2023.
- Charges
A charge registered on 31 May 2022 via Charge ID 100587042 with City Union Bank Limited was fully satisfied on 26 Dec 2023.
- Annual General Meeting
Dhandapani Spinning Mills Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Balance Sheet
Dhandapani Spinning Mills Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Coimbatore.
- Charges
A charge with Others of Rs. 2.50 Cr registered on 27 Feb 2018 with Charge ID 100173982 was modified on 29 Mar 2023.
Frequently asked questions
What is the Incorporation or founding date of Dhandapani Spinning Mills Limited?
Dhandapani Spinning Mills Limited was incorporated on 16 Nov 1994.
What is authorized share capital and paid-up capital of Dhandapani Spinning Mills Limited?
The authorized share capital of Dhandapani Spinning Mills Limited is ₹ 22.50 Cr and paid-up capital is ₹ 17.60 Cr.
Who are the current board members & directors of Dhandapani Spinning Mills Limited?
Currently 7 directors are associated with Dhandapani Spinning Mills Limited.
- Anilkumar Dhandhania
- Ravikumar Dhandhania
- Parameswaran Parthiban
- Sridharan Subramanian
- Ravi Kumar
- Ayyappan Muthuswamychettiar
- Biswanath Dhandhania
What is the registered address of Dhandapani Spinning Mills Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Dhandapani Spinning Mills Limited is 17F Rajaji Road, Tamilnadu India, Salem, Tamil Nadu, 636007.
What is the corporate identification number (CIN) and company number of Dhandapani Spinning Mills Limited?
The corporate identification number (CIN) of Dhandapani Spinning Mills Limited is U17111TZ1994PLC005514 and the company number is 005514 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Dhandapani Spinning Mills Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Dhandapani Spinning Mills Limited has risen by 8.74%.
How many employees does Dhandapani Spinning Mills Limited currently have?
As Per 2023 financial reports, 71 employees are currently employed by Dhandapani Spinning Mills Limited.
What change has been observed in the net worth of Dhandapani Spinning Mills Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Dhandapani Spinning Mills Limited has experienced an downturn of -5.83%.
What are the total open charges for Dhandapani Spinning Mills Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Dhandapani Spinning Mills Limited amount to ₹ 36.50 Cr.
When was the last Balance Sheet of Dhandapani Spinning Mills Limited filed with the ROC?
The most recent Balance Sheet for Dhandapani Spinning Mills Limited was filed with the ROC on 31 Mar 2023.
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