Madras Spinners Limited

Produces TFO yarn and related machinery since 1962 in Coimbatore, Tamil Nadu.

1962 | Coimbatore, Tamil Nadu (India) | Active
Last Updated:

Madras Spinners Profile

Key Indicators

  • Authorised Capital ₹ 1.50 Cr
  • Paid Up Capital ₹ 1.10 Cr
  • Company Age 62 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 5.47 Cr
  • Satisfied Charges ₹ 1.25 Cr
  • Revenue Growth %
  • Profit Growth 578.04%
  • Ebitda -26.73%
  • Net Worth 8.55%
  • Total Assets 39.60%

About Madras Spinners

Madras Spinners Limited (MSL) was founded in India on 07 July 1962 and has a glorious history of 62 years and ten months.Its registered office is in Coimbatore, 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 1.50 Cr and a paid-up capital of Rs 1.10 Cr.

The company currently has active open charges totaling ₹5.47 Cr. The company has closed loans amounting to ₹1.25 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Madras Spinners Limited India are Subbaiyan Kumar as CFO and Radha Sharma as Company Secretary. Santosh Kanodia, Subramanian Senthilnathan, Kalyanaswamy Renuka, and One other member 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

    L17111TZ1962PLC004619

  • Company No.

    004619

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    07 Jul 1962

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Coimbatore

Industry

Manufacturing
Company report

Madras Spinners Limited

Explore comprehensive data for Madras Spinners Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Madras Spinners?

Executive Team (3)

NameDesignationAppointment DateStatus
Santosh Kanodia Country flag representing In Managing Director09-Jun-2004Current
Subbaiyan Kumar Country flag representing In CFO01-Jan-2016Current
Radha Sharma Country flag representing In Company Secretary17-Oct-2024Current

Board Members (3)

NameDesignationAppointment DateStatus
Subramanian Senthilnathan Country flag representing In Director 01-Mar-2019Current
Kalyanaswamy Renuka Country flag representing In Director 01-Mar-2023Current
Govindkumargupta Country flag representing In Director 12-Oct-2021Current

Financial Performance of Madras Spinners.

Madras Spinners Limited, for the financial year ended 2023, experienced no change in revenue, with a 0% increase. The company also saw a substantial improvement in profitability, with a 578.04% increase in profit. The company's net worth moved up by a moderate rise of 8.55%.

Madras Spinners revenue growth over time
Madras Spinners profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
Revenue from Operations
Total Assets
39.60%
Profit or Loss
578.04%
Net Worth
8.55%
EBITDA
-26.73%

What is the Ownership and Shareholding Structure of Madras Spinners?

In 2023, Madras Spinners had a promoter holding of 50.79% and a public holding of 49.21%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹5.47 Cr

Satisfied Charges

₹1.25 Cr

Charges Breakdown by Lending Institutions

  • Edelweiss Asset Reconstruction Company Limited : 4.80 Cr
  • Idbi : 0.67 Cr

Latest Charge Details

DateLenderAmountStatus
09 Oct 1992Edelweiss Asset Reconstruction Company Limited₹4.13 CrOpen
02 Jul 1990Edelweiss Asset Reconstruction Company Limited₹6.70 MOpen
02 Jul 1990Idbi₹6.70 MOpen
07 May 1993State Bank Of India₹1.25 CrSatisfied

How Many Employees Work at Madras Spinners?

Unlock and access historical data on people associated with Madras Spinners, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Madras Spinners Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Madras 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 Madras Spinners's trajectory.

Rating

Graph displaying rating trends over time

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

Alert Indicator

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 Madras Spinners

Recent activity within the organization

  • Director Appointment

    Radha Sharma was appointed as a Company Secretary was appointed as a Company Secretary on 17 Oct 2024 & has been associated with this company since 6 months 24 days .

  • Annual General Meeting

    Madras Spinners Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Madras Spinners Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Coimbatore.

  • Director Appointment

    Kalyanaswamy Renuka was appointed as a Director was appointed as a Director on 01 Mar 2023 & has been associated with this company since 2 years 2 months .

  • Director Appointment

    Govindkumargupta was appointed as a Director was appointed as a Director on 12 Oct 2021 & has been associated with this company since 3 years 6 months .

  • Director Appointment

    Subramanian Senthilnathan was appointed as a Director was appointed as a Director on 01 Mar 2019 & has been associated with this company since 6 years 2 months .

Frequently asked questions

  • What is the Incorporation or founding date of Madras Spinners Limited?

    Madras Spinners Limited was incorporated on 07 Jul 1962.

  • What is authorized share capital and paid-up capital of Madras Spinners Limited?

    The authorized share capital of Madras Spinners Limited is ₹ 1.50 Cr and paid-up capital is ₹ 1.10 Cr.

  • Who are the current board members & directors of Madras Spinners Limited?

    Currently 6 directors are associated with Madras Spinners Limited.

    • Santosh Kumar Kanodia
    • Subramanian Senthilnathan
    • Kalyanaswamy Renuka
    • Subbaiyan Senthil Kumar
    • Radha Sharma
    • Govindkumargupta

  • What is the registered address of Madras Spinners Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Madras Spinners Limited is 8/1-M, Racecoursemansionracecourse India, Coimbatore, Tamil Nadu, 641018.

  • What is the corporate identification number (CIN) and company number of Madras Spinners Limited?

    The corporate identification number (CIN) of Madras Spinners Limited is L17111TZ1962PLC004619 and the company number is 004619 as per Ministry of Corporate Affairs (MCA).

  • What change has been observed in the net worth of Madras Spinners Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Madras Spinners Limited has experienced an upsurge of 8.55%.

  • What are the total open charges for Madras Spinners Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Madras Spinners Limited amount to ₹ 5.47 Cr.

  • When was the last Balance Sheet of Madras Spinners Limited filed with the ROC?

    The most recent Balance Sheet for Madras Spinners Limited was filed with the ROC on 31 Mar 2023.

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