Kutti Spinners Private Limited
Produces and sells cotton yarn and generates electricity through wind mills.
1990 | Tamilnadu, Tamil Nadu (India) | Active
Kutti Spinners Profile
Key Indicators
- Authorised Capital ₹ 7.50 M
- Paid Up Capital ₹ 7.50 M
- Company Age 35 Year, 1 Month
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 20.61 Cr
- Satisfied Charges ₹ 41.43 Cr
- Revenue Growth -19.18%
- Profit Growth -136.36%
- Ebitda -106.66%
- Net Worth -17.38%
- Total Assets -33.78%
About Kutti Spinners
Kutti Spinners Private Limited (KSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 06 April 1990 and has a history of 35 years and one month. Its registered office is in Tamilnadu, Tamil Nadu, India.
The Company is engaged in the Environment 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 7.50 M and a paid-up capital of Rs 7.50 M.
The company currently has active open charges totaling ₹20.61 Cr. The company has closed loans amounting to ₹41.43 Cr, as per Ministry of Corporate Affairs (MCA) records.
Sri Nithyasadhananda, Tiruchengode Gunasekaran, Thiruvengada Gnanasekar, and Two other members serve as directors at the Company.
Company Details
- Location
Tamilnadu, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U17111TZ1990PTC002671
- Company No.
002671
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
06 Apr 1990
- Date of AGM
28 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Coimbatore
Industry
Environment
Manufacturing
Kutti Spinners Private Limited
Explore comprehensive data for Kutti Spinners Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Kutti Spinners?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sri Nithyasadhananda  | Managing Director | 06-Apr-1990 | Current |
| Tiruchengode Gunasekaran | Managing Director | 06-Apr-1990 | Current |
| Thiruvengada Gnanasekar | Managing Director | 06-Apr-1990 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Sri Ajith | Whole-Time Director | 27-Apr-2011 | Current |
| Sri Gunasekaran | Whole-Time Director | 16-May-2019 | Current |
Financial Performance of Kutti Spinners.
Kutti Spinners Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 19.18% decrease. The company also saw a substantial fall in profitability, with a 136.36% decrease in profit. The company's net worth observed a substantial decline by a decrease of 17.38%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Kutti Spinners?
In 2023, Kutti Spinners had a promoter holding of 97.33% and a public holding of 2.67%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
- Sengunthar Mills Private Limited
Tiruchengode Gunasekaran and Thiruvengada Gnanasekar are mutual person
Charges (Loans)
Open Charges
₹206.10 M
Satisfied Charges
₹414.32 M
Charges Breakdown by Lending Institutions
- Tamilnad Mercantile Bank Limited : 20.61 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 19 Apr 2021 | Tamilnad Mercantile Bank Limited | ₹1.74 Cr | Open |
| 07 Oct 2020 | Tamilnad Mercantile Bank Limited | ₹2.60 M | Open |
| 10 Jun 2020 | Tamilnad Mercantile Bank Limited | ₹2.15 Cr | Open |
| 05 Jan 2018 | Tamilnad Mercantile Bank Limited | ₹2.46 Cr | Open |
| 29 Jan 2011 | Tamilnad Mercantile Bank Limited | ₹7.00 Cr | Open |
How Many Employees Work at Kutti Spinners?
Unlock and access historical data on people associated with Kutti Spinners, 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 Kutti Spinners, 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 Kutti Spinners'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 Kutti Spinners
Recent activity within the organization
- Annual General Meeting
Kutti Spinners Private Limited last Annual general meeting of members was held on 28 Sep 2023 as per latest MCA records.
- Balance Sheet
Kutti Spinners Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Coimbatore.
- Charges
A charge registered on 20 May 2015 via Charge ID 10573545 with Tamilnad Mercantile Bank Limited was fully satisfied on 03 Oct 2022.
- Charges
A charge registered on 20 May 2015 via Charge ID 10574054 with Tamilnad Mercantile Bank Limited was fully satisfied on 13 Sep 2021.
- Charges
A charge registered on 07 Oct 2020 via Charge ID 100379144 with Tamilnad Mercantile Bank Limited was fully satisfied on 25 May 2021.
- Charges
A charge with Tamilnad Mercantile Bank Limited amounted to Rs. 17.40 M with Charge ID 100442621 was registered on 19 Apr 2021.
Frequently asked questions
What is the Incorporation or founding date of Kutti Spinners Private Limited?
Kutti Spinners Private Limited was incorporated on 06 Apr 1990.
What is authorized share capital and paid-up capital of Kutti Spinners Private Limited?
The authorized share capital of Kutti Spinners Private Limited is ₹ 7.50 M and paid-up capital is ₹ 7.50 M.
Who are the current board members & directors of Kutti Spinners Private Limited?
Currently 5 directors are associated with Kutti Spinners Private Limited.
- Sri Nithyasadhananda
- Tiruchengode Tiruvengadam Gunasekaran
- Thiruvengada Gnanasekar
- Sri Nithyasadhanandha Sri Nithya Ajith
- Sri Ram Pranesh Gunasekaran
What is the registered address of Kutti Spinners Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Kutti Spinners Private Limited is No 83 Salem Roadtiruchengode Salem, Tamilnadu, Tamil Nadu, India, 637211.
What is the corporate identification number (CIN) and company number of Kutti Spinners Private Limited?
The corporate identification number (CIN) of Kutti Spinners Private Limited is U17111TZ1990PTC002671 and the company number is 002671 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Kutti Spinners Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Kutti Spinners Private Limited has fallen by -19.18%.
What change has been observed in the net worth of Kutti Spinners Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Kutti Spinners Private Limited has experienced an downturn of -17.38%.
What are the total open charges for Kutti Spinners Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Kutti Spinners Private Limited amount to ₹ 20.61 Cr.
When was the last Balance Sheet of Kutti Spinners Private Limited filed with the ROC?
The most recent Balance Sheet for Kutti Spinners Private Limited was filed with the ROC on 31 Mar 2023.
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