K T Spinning Mills Profile
Key Indicators
- Authorised Capital ₹ 2.00 Cr
as on 16-11-2024
- Paid Up Capital ₹ 1.75 Cr
as on 16-11-2024
- Company Age 34 Year, 9 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 21.39 Cr
as on 16-11-2024
- Satisfied Charges ₹ 21.65 Cr
as on 16-11-2024
- Revenue -21.05%
(FY 2023)
- Profit -186.67%
(FY 2023)
- Ebitda -77.08%
(FY 2023)
- Net Worth -27.05%
(FY 2023)
- Total Assets 8.24%
(FY 2023)
About K T Spinning Mills
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 2.00 Cr and a paid-up capital of Rs 1.75 Cr.
The company currently has active open charges totaling ₹21.39 Cr. The company has closed loans amounting to ₹21.65 Cr, as per Ministry of Corporate Affairs (MCA) records.
Dhanasekaran Thangavel, Sivakumar Thangavel, Vinodkumar, and Two other members serve as directors at the Company.
- CIN/LLPIN
U17111TZ1990PTC002678
- Company No.
002678
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
11 Apr 1990
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Coimbatore
Industry
Company Details
- Location
Salem, Tamil Nadu, India
- Telephone
- Email Address
- Website
- Social Media-
Who are the key members and board of directors at K T Spinning Mills?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Dhanasekaran Thangavel  | Managing Director | 11-Apr-1990 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Sivakumar Thangavel | Director | 11-Apr-1990 | Current |
| Vinodkumar | Director | 25-Sep-2003 | Current |
| Thangavel Sundaravel | Director | 11-Apr-1990 | Current |
| Bharani Khumar | Additional Director | 11-Oct-2019 | Current |
Financial Performance of K T Spinning Mills.
K T Spinning Mills Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 21.05% decrease. The company also saw a substantial fall in profitability, with a 186.67% decrease in profit. The company's net worth observed a substantial decline by a decrease of 27.05%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of K T Spinning Mills?
In 2023, K T Spinning Mills had a promoter holding of 71.03% and a public holding of 28.97%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Sugavaneswara Spinning Mills Private LimitedActive 43 years 2 monthsDhanasekaran Thangavel, Sivakumar Thangavel and 1 more are mutual person
Charges (Loans)
₹21.39 Cr
₹21.65 Cr
Charges Breakdown by Lending Institutions
- Karnataka Bank Ltd. : 19.46 Cr
- Others : 1.71 Cr
- Hdfc Bank Limited : 0.22 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 24 Oct 2024 | Karnataka Bank Ltd. | ₹7.50 M | Open |
| 07 Oct 2024 | Karnataka Bank Ltd. | ₹4.00 Cr | Open |
| 22 May 2024 | Hdfc Bank Limited | ₹2.20 M | Open |
| 02 Apr 2024 | Others | ₹1.71 Cr | Open |
| 27 Mar 2023 | Karnataka Bank Ltd. | ₹1.46 Cr | Open |
How Many Employees Work at K T Spinning Mills?
Unlock and access historical data on people associated with K T 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 K T 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 K T Spinning Mills's trajectory.
Rating
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Alerts
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