Finecot Spinning Mills Profile
Key Indicators
- Authorised Capital ₹ 3.00 M
- Paid Up Capital ₹ 3.00 M
- Company Age 30 Year, 8 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 10.00 Cr
- Satisfied Charges ₹ 9.90 M
- Revenue Growth -28.41%
- Profit Growth -125.55%
- Ebitda 309.05%
- Net Worth -2.63%
- Total Assets 138.04%
About Finecot Spinning Mills
Finecot Spinning Mills Private Limited (FSMPL) is a Private Limited Indian Non-Government Company incorporated in India on 03 June 1994 and has a history of 30 years and eight months. Its registered office is in Coimbatore Dist, Tamil Nadu.
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 2024. It's a company limited by shares with an authorized capital of Rs 3.00 M and a paid-up capital of Rs 3.00 M.
The company currently has active open charges totaling ₹10.00 Cr. The company has closed loans amounting to ₹9.90 M, as per Ministry of Corporate Affairs (MCA) records.
Duraikhannan Samiyathal and Duraikannan Kamalakannan serve as directors at the Company.
Company Details
- Location Coimbatore Dist, Tamil Nadu
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
-
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U17111TZ1994PTC005101
- Company No.
005101
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
03 Jun 1994
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Coimbatore
Industry
Who are the key members and board of directors at Finecot Spinning Mills?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Duraikannan Kamalakannan  | Managing Director | 03-Jun-1994 | Current |
Board Members (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Duraikhannan Samiyathal | Director | 07-Mar-2011 | Current |
Financial Performance of Finecot Spinning Mills.
Finecot Spinning Mills Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 28.41% decrease. The company also saw a substantial fall in profitability, with a 125.55% decrease in profit. The company's net worth dipped by a decrease of 2.63%.
- Key Matrics
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What is the Ownership and Shareholding Structure of Finecot Spinning Mills?
In 2023, Finecot Spinning Mills had a promoter holding of 74.00% and a public holding of 26.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Finecot Textiles Coimbatore Private LimitedDuraikannan Kamalakannan is a mutual person
Charges (Loans)
₹100.00 M
₹9.90 M
Charges Breakdown by Lending Institutions
- Indian Overseas Bank : 10.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 21 Mar 2024 | Indian Overseas Bank | ₹4.00 Cr | Open |
| 24 Jan 2024 | Indian Overseas Bank | ₹4.00 Cr | Open |
| 23 Feb 2023 | Indian Overseas Bank | ₹5.00 M | Open |
| 01 Feb 2023 | Indian Overseas Bank | ₹1.50 Cr | Open |
| 26 Apr 2004 | Indian Overseas Bank | ₹9.90 M | Satisfied |
How Many Employees Work at Finecot Spinning Mills?
Finecot Spinning Mills has a workforce of 7 employees as of Apr 07, 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 Finecot 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 Finecot 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.
