Midhunam Spinners Profile
Key Indicators
- Authorised Capital ₹ 1.95 Cr
- Paid Up Capital ₹ 1.95 Cr
- Company Age 30 Year, 24 Days
- Last Filing with ROC 31 Mar 2016
- Open Charges ₹ 7.55 Cr
- Satisfied Charges ₹ 2.67 Cr
- Revenue Growth -30.74%
- Profit Growth -2524.22%
- Ebitda -114.00%
- Net Worth -104.38%
- Total Assets -5.16%
About Midhunam Spinners
Midhunam Spinners Private Limited (MSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 02 February 1995 and has a history of 30 years. Its registered office is in Namakkal, 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 2016. It's a company limited by shares with an authorized capital of Rs 1.95 Cr and a paid-up capital of Rs 1.95 Cr.
The company currently has active open charges totaling ₹7.55 Cr. The company has closed loans amounting to ₹2.67 Cr, as per Ministry of Corporate Affairs (MCA) records.
Anand Tirunavkkarasu and Raja Praveen serve as directors at the Company.
Company Details
- Location
Namakkal, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
-
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U17111TZ1995PTC005755
- Company No.
005755
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
02 Feb 1995
- Date of AGM
28 Sep 2016
- Date of Balance Sheet
31 Mar 2016
- Listing Status
Unlisted
- ROC Code
Roc Coimbatore
Industry
Who are the key members and board of directors at Midhunam Spinners?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Anand Tirunavkkarasu  | Whole-Time Director | 10-Apr-2000 | Current |
| Raja Praveen | Whole-Time Director | 05-Jan-2006 | Current |
Financial Performance of Midhunam Spinners.
Midhunam Spinners Private Limited, for the financial year ended 2016, experienced significant reduction in revenue, with a 30.74% decrease. The company also saw a substantial fall in profitability, with a 2524.22% decrease in profit. The company's net worth observed a substantial decline by a decrease of 104.38%.
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What is the Ownership and Shareholding Structure of Midhunam Spinners?
In 2016, Midhunam Spinners 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)
Ucm Fabrics Private LimitedRaja Praveen is a mutual person
Charges (Loans)
₹7.55 Cr
₹2.67 Cr
Charges Breakdown by Lending Institutions
- Tamilnad Mercantile Bank Limited : 7.55 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 04 Sep 2000 | Tamilnad Mercantile Bank Limited | ₹7.55 Cr | Open |
| 12 Feb 2005 | Tamilnad Mercantile Bank Ltd. | ₹2.48 Cr | Satisfied |
| 19 Feb 2001 | Tamilnad Mercantile Bank Ltd | ₹1.92 M | Satisfied |
How Many Employees Work at Midhunam Spinners?
Midhunam Spinners has a workforce of 27 employees as of Mar 27, 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 Midhunam 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 Midhunam 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.
