Jaya Velu Spinning Mills Private Limited
Premium cotton yarn manufacturer with modern spinning mill and large production capacity.
1994 | Virudhunagar, Tamil Nadu (India) | Active
Jaya Velu Spinning Mills Profile
Key Indicators
- Authorised Capital ₹ 44.00 Cr
- Paid Up Capital ₹ 21.70 Cr
- Company Age 31 Year, 2 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 98.63 Cr
- Satisfied Charges ₹ 158.10 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 and two months. Its registered office is in Virudhunagar, 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 ₹98.63 Cr. The company has closed loans amounting to ₹158.10 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. Gopalsamy Rajagopal, Gopalsamy Ravi, and Ramasamy Renugadevi serve as directors at the Company.
Company Details
- Location
Virudhunagar, 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)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Seema Sanei  | Company Secretary | 26-Mar-2024 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Gopalsamy Rajagopal | Director | 22-Aug-2022 | Current |
| Gopalsamy Ravi | Director | 04-Jan-2013 | Current |
| Ramasamy Renugadevi | Director | 04-Jan-2013 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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.
Related Corporates (Common Directorship)
Versatile Card Technology Private LimitedGopalsamy Rajagopal and Ramasamy Renugadevi are mutual person
Madurai Integrated Textile Park Private LimitedGopalsamy Ravi is a mutual person
Celegence Systems Private LimitedGopalsamy Rajagopal and Gopalsamy Ravi are mutual person
Aruppukottai Shri Vijayalakshmi Textile Mills P LtdGopalsamy Ravi and Ramasamy Renugadevi are mutual person
- Global Card Systems Private Limited
Gopalsamy Rajagopal is a mutual person
Charges (Loans)
Open Charges
₹98.63 Cr
Satisfied Charges
₹158.10 Cr
Charges Breakdown by Lending Institutions
- The Catholic Syrian Bank Ltd : 68.75 Cr
- Canara Bank : 19.50 Cr
- Tamilnad Mercantile Bank Limited : 10.00 Cr
- Hdfc Bank Limited : 0.38 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 17 Aug 2024 | Canara Bank | ₹19.50 Cr | Open |
| 15 Jun 2024 | Hdfc Bank Limited | ₹3.80 M | Open |
| 28 Feb 2024 | Tamilnad Mercantile Bank Limited | ₹10.00 Cr | Open |
| 24 Mar 2021 | The Catholic Syrian Bank Ltd | ₹68.75 Cr | Open |
| 20 Apr 2023 | State Bank Of India | ₹18.00 Cr | Satisfied |
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.
Deals i
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
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.
Latest Updates, News, and FAQs on Jaya Velu Spinning Mills
Recent activity within the organization
- Charges
A charge with Canara Bank amounted to Rs. 19.50 Cr with Charge ID 100999003 was registered on 17 Aug 2024.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.38 Cr with Charge ID 100941808 was registered on 15 Jun 2024.
- Charges
A charge registered on 20 Apr 2023 via Charge ID 100712206 with State Bank Of India was fully satisfied on 16 May 2024.
- 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 1 year 1 day .
- Charges
A charge with Tamilnad Mercantile Bank Limited amounted to Rs. 10.00 Cr with Charge ID 100934429 was registered on 28 Feb 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.
Frequently asked questions
What is the Incorporation or founding date of Jaya Velu Spinning Mills Private Limited?
Jaya Velu Spinning Mills Private Limited was incorporated on 24 Jan 1994.
What is authorized share capital and paid-up capital of Jaya Velu Spinning Mills Private Limited?
The authorized share capital of Jaya Velu Spinning Mills Private Limited is ₹ 44.00 Cr and paid-up capital is ₹ 21.70 Cr.
Who are the current board members & directors of Jaya Velu Spinning Mills Private Limited?
Currently 4 directors are associated with Jaya Velu Spinning Mills Private Limited.
- Seema Sanei
- Gopalsamy Rajagopal
- Gopalsamy Ravi
- Ramasamy Naicker Renugadevi
What is the registered address of Jaya Velu Spinning Mills Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Jaya Velu Spinning Mills Private Limited is Survey No.38 39, 4A Great Cotton Road India, Pandalgudi, Tamil Nadu, 626113.
What is the corporate identification number (CIN) and company number of Jaya Velu Spinning Mills Private Limited?
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).
What has been the recent revenue trend for Jaya Velu Spinning Mills Private Limited?
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%.
What change has been observed in the net worth of Jaya Velu Spinning Mills Private Limited, and by what percentage?
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%.
What are the total open charges for Jaya Velu Spinning Mills Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Jaya Velu Spinning Mills Private Limited amount to ₹ 98.63 Cr.
When was the last Balance Sheet of Jaya Velu Spinning Mills Private Limited filed with the ROC?
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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