Erode Sri Palani Murugan Spinning Mills Private Limited

Erode Sri Palani Murugan Spinning Mills Private Limited

Textile spinning and manufacturing of various types of yarns using natural and synthetic fibers.
2006 | Erode, Tamil Nadu (India) | Active

Last Updated:

December 04, 2024
HomeCompanyErode Sri Palani Murugan Spinning Mills Private Limited

Who are the key members and board of directors at Erode Sri Palani Murugan Spinning Mills?

Executive Team (1)

NameDesignationAppointment DateStatus
Ettiyagounder Palanisamy InManaging Director01-Dec-2006Current

Board Members(5)

NameDesignationAppointment DateStatus
Pramod Patwari In Director 16-Sep-2013Current
Songappa Palanisamy In Director 01-Dec-2006Current
Palanisamy Pavayee In Director 16-Sep-2013Current
Muthu Kandasamy In Director 16-Sep-2013Current
Ramasamy Sivalingam In Director 16-Sep-2013Current

Financial Performance of Erode Sri Palani Murugan Spinning Mills.

Erode Sri Palani Murugan Spinning Mills Private Limited, for the financial year ended 2021, experienced Minor drop in revenue, with a 5.98% decrease. The company also saw a substantial fall in profitability, with a 17.35% decrease in profit. The company's net worth moved up by a moderate rise of 6.56%.

Revenue Growth Graph
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  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-5.98%
Revenue from Operations
-7.06%
Total Assets
-1.06%
Profit or Loss
-17.35%
Net Worth
6.56%
EBITDA
-12.98%

Related Corporates (Common Directorship)

Charges (Loans)

Satisfied Charges

₹96.86 Cr

LenderAmountStatus

Hdfc Bank Limited

Creation Date: 01 Dec 2021
₹17.58 CrSatisfied

Tamilnad Mercantile Bank Limited

Creation Date: 11 Jun 2020
₹2.87 CrSatisfied

Tamilnad Mercantile Bank Limited

Creation Date: 25 Feb 2019
₹8.48 CrSatisfied

How Many Employees Work at Erode Sri Palani Murugan Spinning Mills?

Erode Sri Palani Murugan Spinning Mills has a workforce of 50 employees as of Mar 27, 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 Graph

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Rating

Alerts

Latest Updates, News, and FAQs on Erode Sri Palani Murugan Spinning Mills

Recent activity within the organization

  • Charges

    A charge registered on 01 Dec 2021 via Charge ID 100517869 with Hdfc Bank Limited was fully satisfied on 12 Nov 2024.

    12 Nov 2024

  • Annual General Meeting

    Erode Sri Palani Murugan Spinning Mills Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.

    30 Sep 2022

  • Charges

    A charge with Hdfc Bank Limited of Rs. 17.58 Cr registered on 01 Dec 2021 with Charge ID 100517869 was modified on 10 Sep 2022.

    10 Sep 2022

  • Charges

    A charge registered on 11 Jun 2020 via Charge ID 100346973 with Tamilnad Mercantile Bank Limited was fully satisfied on 14 Jul 2022.

    14 Jul 2022

  • Charges

    A charge registered on 25 Feb 2019 via Charge ID 100245130 with Tamilnad Mercantile Bank Limited was fully satisfied on 14 Jul 2022.

    14 Jul 2022

  • Charges

    A charge registered on 18 Sep 2018 via Charge ID 100240112 with Tamilnad Mercantile Bank Limited was fully satisfied on 14 Jul 2022.

    14 Jul 2022

Frequently asked questions

  • Erode Sri Palani Murugan Spinning Mills Private Limited was incorporated on 01 Dec 2006.

  • The authorized share capital of Erode Sri Palani Murugan Spinning Mills Private Limited is ₹ 4.50 Cr and paid-up capital is ₹ 4.50 Cr.

  • Currently 6 directors are associated with Erode Sri Palani Murugan Spinning Mills Private Limited.

    • Ettiyagounder Palanisamy
    • Pramod Kumar Patwari
    • Songappa Gounder Palanisamy
    • Palanisamy Pavayee
    • Muthu Kandasamy
    • Ramasamy Sengodagounder Sivalingam
  • As per Ministry of Corporate Affairs (Mca), the registered address of Erode Sri Palani Murugan Spinning Mills Private Limited is Sf No.238/1 239/1 M.S.Mangalam Village Kaspapettai Aval Poondurai Main Road, India, Erode, Tamil Nadu, 638115.

  • The corporate identification number (CIN) of Erode Sri Palani Murugan Spinning Mills Private Limited is U17111TZ2006PTC013250 and the company number is 013250 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2021, the revenue trend for Erode Sri Palani Murugan Spinning Mills Private Limited has fallen by -5.98%.

  • As Per 2021 financial reports, 50 employees are currently employed by Erode Sri Palani Murugan Spinning Mills Private Limited.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Erode Sri Palani Murugan Spinning Mills Private Limited has experienced an upsurge of 6.56%.

  • The most recent Balance Sheet for Erode Sri Palani Murugan Spinning Mills Private Limited was filed with the ROC on 31 Mar 2022.

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