Kwality Spinning Mills Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
- Paid Up Capital ₹ 1.20 Cr
- Company Age 66 Year, 7 Months
- Last Filing with ROC 31 Mar 2024
- Satisfied Charges ₹ 44.43 Cr
- Revenue Growth -19.04%
- Profit Growth -124.57%
- Ebitda 89.16%
- Net Worth 50.35%
- Total Assets 1.00%
About Kwality Spinning Mills
Kwality Spinning Mills Private Limited (KSMPL) was founded in India on 26 June 1958 and has a glorious history of 66 years and seven months.Its registered office is in Coimbatore, Tamil Nadu, India.
The Corporate was formerly known as Kwality Spinning Mills 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 5.00 Cr and a paid-up capital of Rs 1.20 Cr.
The company has closed loans amounting to ₹44.43 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
Palaniappan Annamalai and Meyyappan Ravi serve as directors at the Company.
Company Details
- Location
Coimbatore, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
-
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U17111TZ1958PTC000286
- Company No.
000286
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
26 Jun 1958
- Date of AGM
28 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Coimbatore
Industry
Who are the key members and board of directors at Kwality Spinning Mills?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Meyyappan Ravi  | Managing Director | 02-Feb-2009 | Current |
Board Members (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Palaniappan Annamalai | Director | 30-Sep-2008 | Current |
Financial Performance of Kwality Spinning Mills.
Kwality Spinning Mills Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 19.04% decrease. The company also saw a substantial fall in profitability, with a 124.57% decrease in profit. The company's net worth Soared by an impressive increase of 50.35%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Kwality Spinning Mills?
In 2021, Kwality 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.
Charges (Loans)
₹0
₹44.43 Cr
Charges Breakdown by Lending Institutions
- K.V.Varadharaj : 30.03 Cr
- Syndicate Bank : 11.00 Cr
- Sydicate Bank : 1.00 Cr
- Industrial Finance Corporation Of India : 0.62 Cr
- The Icici Ltd : 0.62 Cr
- Others : 1.16 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 12 Dec 1995 | K.V.Varadharaj | ₹3.73 Cr | Satisfied |
| 30 Mar 1995 | Sydicate Bank | ₹1.00 Cr | Satisfied |
| 30 Mar 1995 | Syndicate Bank | ₹7.65 Cr | Satisfied |
| 30 Mar 1995 | Syndicate Bank | ₹1.25 Cr | Satisfied |
| 28 Sep 1994 | K.V.Varadharaj | ₹12.63 Cr | Satisfied |
How Many Employees Work at Kwality Spinning Mills?
Kwality Spinning Mills has a workforce of 14 employees as of Apr 08, 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 Kwality 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 Kwality 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.
