Jaya Velu Spinning Mills Private Limited

Premium cotton yarn manufacturer with modern spinning mill and large production capacity.

1994 | Pandalgudi, Tamil Nadu (India) | Active
Last Updated: July 17, 2024

Jaya Velu Spinning Mills Profile

Key Indicators

  • Authorised Capital ₹ 44.00 Cr
  • Paid Up Capital ₹ 21.70 Cr
  • Company Age 31 Year, 27 Days
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 86.75 Cr
  • Satisfied Charges ₹ 140.10 Cr
  • Revenue Growth -1.01%
  • Profit Growth -45.44%
  • Ebitda -34.69%
  • Net Worth 7.88%
  • Total Assets 66.20%

About Jaya Velu Spinning Mills

Jaya Velu Spinning Mills Private Limited (JVSMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 24 January 1994 and has a history of 31 years. Its registered office is in Pandalgudi, 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 2023. It's a company limited by shares with an authorized capital of Rs 44.00 Cr and a paid-up capital of Rs 21.70 Cr.

The company currently has active open charges totaling ₹86.75 Cr. The company has closed loans amounting to ₹140.10 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Jaya Velu Spinning Mills Private Limited India is Seema Sanei as COMPANY SECRETARY. Ramasamy Renugadevi, Gopalsamy Ravi, and Gopalsamy Rajagopal serve as directors at the Company.

Company Details

  • Location

    Pandalgudi, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17111TN1994PTC026608

  • Company No.

    026608

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    24 Jan 1994

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Manufacturing

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

Executive Team (1)

NameDesignationAppointment DateStatus
Seema Sanei Company Secretary26-Mar-2024Current

Board Members (3)

NameDesignationAppointment DateStatus
Ramasamy Renugadevi Country flag representing In Director 04-Jan-2013Current
Gopalsamy Ravi Country flag representing In Director 04-Jan-2013Current
Gopalsamy Rajagopal Country flag representing In Director 22-Aug-2022Current

Financial Performance of Jaya Velu Spinning Mills.

Jaya Velu Spinning Mills Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 1.01% decrease. The company also saw a substantial fall in profitability, with a 45.44% decrease in profit. The company's net worth moved up by a moderate rise of 7.88%.

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
-1.01%
Revenue from Operations
-1.04%
Total Assets
66.20%
Profit or Loss
-45.44%
Net Worth
7.88%
EBITDA
-34.69%

What is the Ownership and Shareholding Structure of Jaya Velu Spinning Mills?

In 2023, Jaya Velu Spinning Mills had a promoter holding of 39.17% and a public holding of 60.83%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹86.75 Cr

Satisfied Charges

₹140.10 Cr

Charges Breakdown by Lending Institutions

  • The Catholic Syrian Bank Ltd : 68.75 Cr
  • State Bank Of India : 18.00 Cr

Latest Charge Details

DateLenderAmountStatus
20 Apr 2023State Bank Of India₹18.00 CrOpen
24 Mar 2021The Catholic Syrian Bank Ltd₹68.75 CrOpen
23 Nov 2018State Bank Of India₹15.00 CrSatisfied
15 Dec 2017Idbi Bank Limited₹10.00 CrSatisfied
30 Mar 2016Lakshmi Vilas Bank Limited₹10.00 CrSatisfied

How Many Employees Work at Jaya Velu Spinning Mills?

Unlock and access historical data on people associated with Jaya Velu Spinning Mills, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Director Appointment

    Seema Sanei was appointed as a Company Secretary was appointed as a Company Secretary on 26 Mar 2024 & has been associated with this company since 10 months 26 days .

    26 Mar 2024

  • Annual General Meeting

    Jaya Velu Spinning Mills Private Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

    29 Sep 2023

  • Charges

    A charge with The Catholic Syrian Bank Ltd of Rs. 68.75 Cr registered on 24 Mar 2021 with Charge ID 100437358 was modified on 15 May 2023.

    15 May 2023

  • Charges

    A charge with State Bank Of India amounted to Rs. 18.00 Cr with Charge ID 100712206 was registered on 20 Apr 2023.

    20 Apr 2023

  • Charges

    A charge registered on 30 Mar 2016 via Charge ID 100022449 with Lakshmi Vilas Bank Limited was fully satisfied on 15 Apr 2023.

    15 Apr 2023

  • Balance Sheet

    Jaya Velu Spinning Mills Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

Frequently asked questions

  • Jaya Velu Spinning Mills Private Limited was incorporated on 24 Jan 1994.

  • The authorized share capital of Jaya Velu Spinning Mills Private Limited is ₹ 44.00 Cr and paid-up capital is ₹ 21.70 Cr.

  • Currently 4 directors are associated with Jaya Velu Spinning Mills Private Limited.

    • Ramasamy Naicker Renugadevi
    • Gopalsamy Ravi
    • Gopalsamy Rajagopal
    • Seema Sanei
  • As per Ministry of Corporate Affairs (Mca), the registered address of Jaya Velu Spinning Mills Private Limited is Survey No.38394A Great Cotton Road, Pandalgudi, Tamil Nadu, India, 626113.

  • The corporate identification number (CIN) of Jaya Velu Spinning Mills Private Limited is U17111TN1994PTC026608 and the company number is 026608 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Jaya Velu Spinning Mills Private Limited has fallen by -1.01%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Jaya Velu Spinning Mills Private Limited has experienced an upsurge of 7.88%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Jaya Velu Spinning Mills Private Limited amount to ₹ 86.75 Cr.

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

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