Kumaragiri Spinnerss Profile
Key Indicators
- Authorised Capital ₹ 14.50 Cr
- Paid Up Capital ₹ 14.02 Cr
- Company Age 20 Year, 6 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 307.12 Cr
- Revenue Growth -13.18%
- Profit Growth -59.37%
- Ebitda -43.39%
- Net Worth 10.16%
- Total Assets 14.34%
About Kumaragiri Spinnerss
Kumaragiri Spinnerss Private Limited (KSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 14 July 2004 and has a history of 20 years and six months. Its registered office is in Namakkal, Tamil Nadu, India.
The Corporate was formerly known as Kumaragiri Spinners Limited. 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 14.50 Cr and a paid-up capital of Rs 14.02 Cr.
The company currently has active open charges totaling ₹307.12 Cr.
The Key Managerial Personnel (KMP) at Kumaragiri Spinnerss Private Limited India is Sneha Nagori as COMPANY SECRETARY. Murthy Arunachalam, Sudha Thangavell, Thottipalayam Rajavelu, and Two other members serve as directors at the Company.
Company Details
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Location
Namakkal, Tamil Nadu, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U01711TZ2004PTC011237
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Company No.
011237
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
14 Jul 2004
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Date of AGM
30 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Coimbatore
Industry
Who are the key members and board of directors at Kumaragiri Spinnerss?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sneha Nagori
|
Company Secretary | 10-Aug-2020 | Current |
|
Thottipalayam Rajavelu
|
Managing Director | 14-Jul-2004 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Murthy Arunachalam
|
Director | 14-Jul-2004 | Current |
|
Sudha Thangavell
|
Director | 22-Nov-2012 | Current |
|
Nagarajan
|
Director | 14-Jul-2004 | Current |
|
Rajavelu Prasad
|
Director | 27-Jan-2021 | Current |
Financial Performance of Kumaragiri Spinnerss.
Kumaragiri Spinnerss Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 13.18% decrease. The company also saw a substantial fall in profitability, with a 59.37% decrease in profit. The company's net worth Soared by an impressive increase of 10.16%.
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What is the Ownership and Shareholding Structure of Kumaragiri Spinnerss?
In 2023, Kumaragiri Spinnerss had a promoter holding of 100.00%. The company had 1 Subsidiary and 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Vst Weaves India Private LimitedThottipalayam Rajavelu and Rajavelu Prasad are mutual person
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Vst Spintex India Private LimitedSudha Thangavell and Nagarajan are mutual person
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Kumaragiri Fashions Private LimitedMurthy Arunachalam, Sudha Thangavell and 3 more are mutual person
Charges (Loans)
₹307.12 Cr
₹0
Charges Breakdown by Lending Institutions
- State Bank Of India : 122.22 Cr
- Others : 118.90 Cr
- Yes Bank Limited : 45.00 Cr
- Hdfc Bank Limited : 21.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 23 Feb 2024 | Others | ₹9.30 Cr | Open |
| 07 Jun 2023 | Yes Bank Limited | ₹20.00 Cr | Open |
| 30 Jun 2022 | Others | ₹54.80 Cr | Open |
| 23 Mar 2022 | Others | ₹54.80 Cr | Open |
| 26 Nov 2021 | Yes Bank Limited | ₹25.00 Cr | Open |
How Many Employees Work at Kumaragiri Spinnerss?
Kumaragiri Spinnerss has a workforce of 488 employees as of Apr 04, 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 Kumaragiri Spinnerss, 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 Kumaragiri Spinnerss'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.
