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
Last Updated: November 15, 2024

Dhandapani Spinning Mills Profile

Key Indicators

  • Authorised Capital ₹ 22.50 Cr
  • Paid Up Capital ₹ 17.60 Cr
  • Company Age 30 Year, 2 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 two 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 Country flag representing In 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 Country flag representing In Whole-Time Director 29-Apr-2004 Current
Parameswaran Parthiban Country flag representing In Director 04-Apr-2014 Current
Ayyappan Muthuswamychettiar Country flag representing In Director 25-Apr-2019 Current
Biswanath Dhandhania Country flag representing In 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%.

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
8.74%
Revenue from Operations
8.59%
Total Assets
-5.98%
Profit or Loss
8.03%
Net Worth
-5.83%
EBITDA
16.84%

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.

Shareholding Indicator graph

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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

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 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.

    30 Mar 2024

  • Charges

    A charge registered on 27 Feb 2018 via Charge ID 100173982 with Others was fully satisfied on 29 Dec 2023.

    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.

    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.

    30 Sep 2023

  • Balance Sheet

    Dhandapani Spinning Mills Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Coimbatore.

    31 Mar 2023

  • 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.

    29 Mar 2023

Frequently asked questions

  • Dhandapani Spinning Mills Limited was incorporated on 16 Nov 1994.

  • The authorized share capital of Dhandapani Spinning Mills Limited is ₹ 22.50 Cr and paid-up capital is ₹ 17.60 Cr.

  • Currently 7 directors are associated with Dhandapani Spinning Mills Limited.

    • Anilkumar Dhandhania
    • Ravikumar Dhandhania
    • Parameswaran Parthiban
    • Sridharan Subramanian
    • Ravi Kumar
    • Ayyappan Muthuswamychettiar
    • Biswanath Dhandhania
  • 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.

  • 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).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Dhandapani Spinning Mills Limited has risen by 8.74%.

  • As Per 2023 financial reports, 71 employees are currently employed by Dhandapani Spinning Mills Limited.

  • 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%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Dhandapani Spinning Mills Limited amount to ₹ 36.50 Cr.

  • The most recent Balance Sheet for Dhandapani Spinning Mills Limited was filed with the ROC on 31 Mar 2023.

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