Kurinji Spinning Mills Private Limited
Textile company that produces and sells various types of cotton, wool, silk, and synthetic yarn and products.
1990 | Erode, Tamil Nadu (India) | Active
Kurinji Spinning Mills Profile
Key Indicators
- Authorised Capital ₹ 8.00 Cr
- Paid Up Capital ₹ 8.00 Cr
- Company Age 34 Year, 5 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 five 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
Manufacturing
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
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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 Limited
Ramasamy Gnanaprakash and Ponnusamy Karthikeyan are mutual person
Charges (Loans)
Open Charges
₹23.18 Cr
Satisfied Charges
₹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.
Latest Updates, News, and FAQs on Kurinji Spinning Mills
Recent activity within the organization
- Charges
A charge registered on 22 Jun 2020 via Charge ID 100350728 with Karnataka Bank Ltd. was fully satisfied on 03 Oct 2024.
- Charges
A charge registered on 19 Nov 2018 via Charge ID 100227092 with Karnataka Bank Ltd. was fully satisfied on 03 Oct 2024.
- Charges
A charge with City Union Bank Limited amounted to Rs. 19.28 Cr with Charge ID 100984074 was registered on 27 Sep 2024.
- Annual General Meeting
Kurinji Spinning Mills Private Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.
- Balance Sheet
Kurinji Spinning Mills Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Coimbatore.
- Charges
A charge with Karnataka Bank Ltd. of Rs. 22.72 Cr registered on 22 Jun 2020 with Charge ID 100350728 was modified on 06 Jan 2023.
Frequently asked questions
What is the Incorporation or founding date of Kurinji Spinning Mills Private Limited?
Kurinji Spinning Mills Private Limited was incorporated on 15 Oct 1990.
What is authorized share capital and paid-up capital of Kurinji Spinning Mills Private Limited?
The authorized share capital of Kurinji Spinning Mills Private Limited is ₹ 8.00 Cr and paid-up capital is ₹ 8.00 Cr.
Who are the current board members & directors of Kurinji Spinning Mills Private Limited?
Currently 4 directors are associated with Kurinji Spinning Mills Private Limited.
- Thirumalaisamy Ponnusamy
- Ramasamy Gnanaprakash
- Gnanaprakash Gandhimathi
- Ponnusamy Karthikeyan
What is the registered address of Kurinji Spinning Mills Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Kurinji Spinning Mills Private Limited is No 874/2 Tirupur Road Idayankinaru Vengipalayam (Po), (Tk) India, Dharapuram, Tamil Nadu, 638703.
What is the corporate identification number (CIN) and company number of Kurinji Spinning Mills Private Limited?
The corporate identification number (CIN) of Kurinji Spinning Mills Private Limited is U17111TZ1990PTC002897 and the company number is 002897 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Kurinji Spinning Mills Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Kurinji Spinning Mills Private Limited has fallen by -24.86%.
How many employees does Kurinji Spinning Mills Private Limited currently have?
As Per 2023 financial reports, 75 employees are currently employed by Kurinji Spinning Mills Private Limited.
What change has been observed in the net worth of Kurinji Spinning Mills Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Kurinji Spinning Mills Private Limited has experienced an upsurge of 2.68%.
What are the total open charges for Kurinji Spinning Mills Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Kurinji Spinning Mills Private Limited amount to ₹ 23.18 Cr.
When was the last Balance Sheet of Kurinji Spinning Mills Private Limited filed with the ROC?
The most recent Balance Sheet for Kurinji Spinning Mills Private Limited was filed with the ROC on 31 Mar 2023.
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