Eastman Spinning Mills Private Limited

Textile company specializing in cotton yarn production and export, with a focus on fair trade practices.

1993 | Coimbatore, Tamil Nadu (India) | Merged
Last Updated:

Eastman Spinning Mills Profile

Key Indicators

  • Authorised Capital ₹ 49.50 Cr
  • Paid Up Capital ₹ 15.03 Cr
  • Company Age 31 Year, 6 Months
  • Last Filing with ROC 31 Mar 2022
  • Satisfied Charges ₹ 197.52 Cr
  • Revenue Growth 82.54%
  • Profit Growth 151.85%
  • Ebitda 24.49%
  • Net Worth 7.68%
  • Total Assets -6.91%

About Eastman Spinning Mills

Eastman Spinning Mills Private Limited (ESMPL) is Amalgamated company established on 24 Aug 1993 with its office registered at Coimbatore, Tamil Nadu, India and has been running since 31 Year, 6 Months with a paid up capital of 15.03 Cr. According to MCA records, 5 Directors and 1 Signatories are linked to this company as of 16 Jan 2025.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U17111TZ1993PTC004551

  • Company No.

    004551

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    24 Aug 1993

  • Date of AGM

    21 Oct 2022

  • Date of Balance Sheet

    31 Mar 2022

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Manufacturing

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

Executive Team (1)

NameDesignationAppointment DateStatus
Kumarasamy Periyasamy Country flag representing In Company Secretary24-Oct-2019Current

Board Members (5)

NameDesignationAppointment DateStatus
Nachimuthu Chandran Country flag representing In Director 24-Aug-1993Current
Ananthan Ramarao Country flag representing In Director 10-Apr-2019Current
Prakash Country flag representing In Director 10-Apr-2019Current
Vijayakumar Muthiah Country flag representing In Director 13-May-2019Current
Chathamur Rajagopal Country flag representing In Director 25-Nov-2020Current

Financial Performance of Eastman Spinning Mills.

Eastman Spinning Mills Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 82.54% increase. The company also saw a substantial improvement in profitability, with a 151.85% increase in profit. The company's net worth moved up by a moderate rise of 7.68%.

Eastman Spinning Mills revenue growth over time
Eastman Spinning Mills 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
82.54%
Revenue from Operations
82.79%
Total Assets
-6.91%
Profit or Loss
151.85%
Net Worth
7.68%
EBITDA
24.49%

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

In 2022, Eastman 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

₹0

Satisfied Charges

₹197.52 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 57.85 Cr
  • State Bank Of India : 26.42 Cr
  • Ing Vysya Bank Limited : 24.12 Cr
  • Idbi Bank Limited : 20.75 Cr
  • Punjab National Bank : 20.00 Cr
  • Others : 48.38 Cr

Latest Charge Details

DateLenderAmountStatus
22 Jul 2021Others₹4.00 CrSatisfied
14 Jun 2021Axis Bank Limited₹9.00 CrSatisfied
12 Feb 2021Others₹15.00 CrSatisfied
08 Jan 2021State Bank Of India₹3.12 CrSatisfied
12 Dec 2017Hdfc Bank Limited₹10.00 CrSatisfied

How Many Employees Work at Eastman Spinning Mills?

Eastman Spinning Mills has a workforce of 1072 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.

Employee growth trends for Eastman Spinning Mills Private Limited

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Charges

    A charge registered on 14 Jun 2021 via Charge ID 100457489 with Axis Bank Limited was fully satisfied on 26 Jun 2023.

  • Charges

    A charge registered on 22 Jul 2021 via Charge ID 100464495 with Others was fully satisfied on 17 Mar 2023.

  • Charges

    A charge registered on 08 Jan 2021 via Charge ID 100409775 with State Bank Of India was fully satisfied on 03 Mar 2023.

  • Charges

    A charge registered on 10 Feb 2011 via Charge ID 10294995 with State Bank Of India was fully satisfied on 03 Mar 2023.

  • Charges

    A charge registered on 12 Feb 2021 via Charge ID 100414065 with Others was fully satisfied on 17 Feb 2023.

  • Annual General Meeting

    Eastman Spinning Mills Private Limited last Annual general meeting of members was held on 21 Oct 2022 as per latest MCA records.

Frequently asked questions

  • What is the Incorporation or founding date of Eastman Spinning Mills Private Limited?

    Eastman Spinning Mills Private Limited was incorporated on 24 Aug 1993.

  • What is authorized share capital and paid-up capital of Eastman Spinning Mills Private Limited?

    The authorized share capital of Eastman Spinning Mills Private Limited is ₹ 49.50 Cr and paid-up capital is ₹ 15.03 Cr.

  • Who are the current board members & directors of Eastman Spinning Mills Private Limited?

    Currently 6 directors are associated with Eastman Spinning Mills Private Limited.

    • Nachimuthu Chandran
    • Ananthan Ramarao
    • Prakash
    • Vijayakumar Muthiah
    • Chathamur Raman Rajagopal
    • Kumarasamy Periyasamy

  • What is the registered address of Eastman Spinning Mills Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Eastman Spinning Mills Private Limited is 5/591 Sri Lakshmi Nagar, Pitchampalayam Pudur India, Tirupur, Tamil Nadu, 641603.

  • What is the corporate identification number (CIN) and company number of Eastman Spinning Mills Private Limited?

    The corporate identification number (CIN) of Eastman Spinning Mills Private Limited is U17111TZ1993PTC004551 and the company number is 004551 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Eastman Spinning Mills Private Limited?

    The Official website of Eastman Spinning Mills Private Limited is https://www.eastmanexports.com

  • What has been the recent revenue trend for Eastman Spinning Mills Private Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Eastman Spinning Mills Private Limited has risen by 82.54%.

  • How many employees does Eastman Spinning Mills Private Limited currently have?

    As Per 2022 financial reports, 1072 employees are currently employed by Eastman Spinning Mills Private Limited.

  • What change has been observed in the net worth of Eastman Spinning Mills Private Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Eastman Spinning Mills Private Limited has experienced an upsurge of 7.68%.

  • When was the last Balance Sheet of Eastman Spinning Mills Private Limited filed with the ROC?

    The most recent Balance Sheet for Eastman Spinning Mills Private Limited was filed with the ROC on 31 Mar 2022.

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