Kutti Spinners Profile
Key Indicators
- Authorised Capital ₹ 7.50 M
as on 16-07-2024
- Paid Up Capital ₹ 7.50 M
as on 16-07-2024
- Company Age 34 Year, 9 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 20.61 Cr
as on 16-07-2024
- Satisfied Charges ₹ 41.43 Cr
as on 16-07-2024
- Revenue -19.18%
(FY 2023)
- Profit -136.36%
(FY 2023)
- Ebitda -106.66%
(FY 2023)
- Net Worth -17.38%
(FY 2023)
- Total Assets -33.78%
(FY 2023)
About Kutti Spinners
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.
- 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
Company Details
- Location
Tamilnadu, Tamil Nadu, India
- Telephone
- Email Address
- Website
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- Social Media-
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 LimitedActive 44 years 9 monthsTiruchengode Gunasekaran and Thiruvengada Gnanasekar are mutual person
- Kutti Ultra Weaving Mills Private LimitedActive 3 years 4 months
Tiruchengode Gunasekaran, Thiruvengada Gnanasekar and 2 more are mutual person
Charges (Loans)
₹206.10 M
₹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.
