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
Erode Sri Palani Murugan Spinning Mills Profile
Key Indicators
- Authorised Capital ₹ 4.50 Cr
- Paid Up Capital ₹ 4.50 Cr
- Company Age 18 Year, 2 Months
- Last Filing with ROC 31 Mar 2022
- Satisfied Charges ₹ 96.86 Cr
- Revenue Growth -5.98%
- Profit Growth -17.35%
- Ebitda -12.98%
- Net Worth 6.56%
- Total Assets -1.06%
About Erode Sri Palani Murugan Spinning Mills
Erode Sri Palani Murugan Spinning Mills Private Limited (ESPMSMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 01 December 2006 and has a history of 18 years and two months. Its registered office is in Erode, Tamil Nadu, India.
The Company is engaged in the Manufacturing Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2022. It's a company limited by shares with an authorized capital of Rs 4.50 Cr and a paid-up capital of Rs 4.50 Cr.
The company has closed loans amounting to ₹96.86 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
Ettiyagounder Palanisamy, Pramod Patwari, Songappa Palanisamy, and Three other members serve as directors at the Company.
Company Details
- Location
Erode, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
-
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U17111TZ2006PTC013250
- Company No.
013250
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
01 Dec 2006
- Date of AGM
30 Sep 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 Erode Sri Palani Murugan Spinning Mills?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ettiyagounder Palanisamy  | Managing Director | 01-Dec-2006 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Pramod Patwari | Director | 16-Sep-2013 | Current |
| Songappa Palanisamy | Director | 01-Dec-2006 | Current |
| Palanisamy Pavayee | Director | 16-Sep-2013 | Current |
| Muthu Kandasamy | Director | 16-Sep-2013 | Current |
| Ramasamy Sivalingam | Director | 16-Sep-2013 | Current |
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%.
- Key Matrics
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What is the Ownership and Shareholding Structure of Erode Sri Palani Murugan Spinning Mills?
In 2021, Erode Sri Palani Murugan 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.
Related Corporates (Common Directorship)
- Parampara Spinning Mills Private Limited
Pramod Patwari is a mutual person
- Kgm Cotspin Tex Private Limited
Muthu Kandasamy is a mutual person
Charges (Loans)
Open Charges
₹0
Satisfied Charges
₹96.86 Cr
Charges Breakdown by Lending Institutions
- Tamilnad Mercantile Bank Limited : 44.12 Cr
- Others : 35.16 Cr
- Hdfc Bank Limited : 17.58 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 01 Dec 2021 | Hdfc Bank Limited | ₹17.58 Cr | Satisfied |
| 11 Jun 2020 | Tamilnad Mercantile Bank Limited | ₹2.87 Cr | Satisfied |
| 25 Feb 2019 | Tamilnad Mercantile Bank Limited | ₹8.48 Cr | Satisfied |
| 18 Sep 2018 | Tamilnad Mercantile Bank Limited | ₹4.02 Cr | Satisfied |
| 12 Sep 2018 | Tamilnad Mercantile Bank Limited | ₹2.99 Cr | Satisfied |
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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Erode Sri Palani Murugan 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 Erode Sri Palani Murugan 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
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