Kurinji Spinning Mills Profile
Key Indicators
- Authorised Capital ₹ 8.00 Cr
- Paid Up Capital ₹ 8.00 Cr
- Company Age 34 Year, 3 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 23.18 Cr
- Satisfied Charges ₹ 72.27 Cr
- Revenue Growth -24.86%
- Profit Growth -74.69%
- Ebitda -31.97%
- Net Worth 2.68%
- Total Assets 4.90%
About Kurinji Spinning Mills
Kurinji Spinning Mills Private Limited (KSMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 15 October 1990 and has a history of 34 years and three months. Its registered office is in Erode, 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 8.00 Cr and a paid-up capital of Rs 8.00 Cr.
The company currently has active open charges totaling ₹23.18 Cr. The company has closed loans amounting to ₹72.27 Cr, as per Ministry of Corporate Affairs (MCA) records.
Thirumalaisamy Ponnusamy, Ramasamy Gnanaprakash, Gnanaprakash Gandhimathi, and One other member serve as directors at the Company.
Company Details
- Location
Erode, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
-
- Social Media-
Corporate Identity Details
- CIN/LLPIN
U17111TZ1990PTC002897
- Company No.
002897
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
15 Oct 1990
- Date of AGM
29 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Coimbatore
Industry
Who are the key members and board of directors at Kurinji Spinning Mills?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Thirumalaisamy Ponnusamy  | Managing Director | 15-Oct-1990 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Ramasamy Gnanaprakash | Director | 27-Feb-2019 | Current |
| Gnanaprakash Gandhimathi | Director | 27-Feb-2019 | Current |
| Ponnusamy Karthikeyan | Director | 21-Dec-2018 | Current |
Financial Performance of Kurinji Spinning Mills.
Kurinji Spinning Mills Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 24.86% decrease. The company also saw a substantial fall in profitability, with a 74.69% decrease in profit. The company's net worth moved up by a moderate rise of 2.68%.
- Key Matrics
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What is the Ownership and Shareholding Structure of Kurinji Spinning Mills?
In 2023, Kurinji Spinning Mills had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Sri Kandavel Clothing Private LimitedRamasamy Gnanaprakash and Ponnusamy Karthikeyan are mutual person
Charges (Loans)
₹23.18 Cr
₹72.27 Cr
Charges Breakdown by Lending Institutions
- City Union Bank Limited : 19.28 Cr
- State Bank Of India : 3.90 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Sep 2024 | City Union Bank Limited | ₹19.28 Cr | Open |
| 17 Apr 2021 | State Bank Of India | ₹3.90 Cr | Open |
| 22 Jun 2020 | Karnataka Bank Ltd. | ₹22.72 Cr | Satisfied |
| 19 Nov 2018 | Karnataka Bank Ltd. | ₹19.00 Cr | Satisfied |
| 08 Feb 2005 | State Bank Of India | ₹30.55 Cr | Satisfied |
How Many Employees Work at Kurinji Spinning Mills?
Kurinji Spinning Mills has a workforce of 75 employees as of Mar 28, 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 Kurinji 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 Kurinji 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.
