Perumal Spinning Mills Private Limited

Produces medium count cotton yarn for domestic garment manufacturers with 14,112 spindles in Tamil Nadu.

1989 | Salem, Tamil Nadu (India) | Active
Last Updated:

Perumal Spinning Mills Profile

Key Indicators

  • Authorised Capital ₹ 6.00 Cr
  • Paid Up Capital ₹ 5.80 Cr
  • Company Age 36 Year, 15 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 22.28 Cr
  • Satisfied Charges ₹ 41.41 Cr
  • Revenue Growth -21.17%
  • Profit Growth -1097.69%
  • Ebitda -129.99%
  • Net Worth -89.66%
  • Total Assets 10.87%

About Perumal Spinning Mills

Perumal Spinning Mills Private Limited (PSMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 08 May 1989 and has a history of 36 years. Its registered office is in Salem, 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 2024. It's a company limited by shares with an authorized capital of Rs 6.00 Cr and a paid-up capital of Rs 5.80 Cr.

The company currently has active open charges totaling ₹22.28 Cr. The company has closed loans amounting to ₹41.41 Cr, as per Ministry of Corporate Affairs (MCA) records.

Karthi Ashokaraman, Perumal Ashokaraman, Ashokaraman Shakthikumar, and One other member serve as directors at the Company.

Company Details

  • Location

    Salem, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U17111TZ1989PTC002430

  • Company No.

    002430

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    08 May 1989

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Manufacturing
Company report

Perumal Spinning Mills Private Limited

Explore comprehensive data for Perumal Spinning Mills Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Perumal Spinning Mills?

Executive Team (1)

NameDesignationAppointment DateStatus
Perumal Ashokaraman Country flag representing In Managing Director08-May-1989Current

Board Members (3)

NameDesignationAppointment DateStatus
Karthi Ashokaraman Country flag representing In Director 29-Sep-2003Current
Ashokaraman Shakthikumar Country flag representing In Director 02-Feb-2015Current
Ashokaraman Murugavel Country flag representing In Director 02-Feb-2015Current

Financial Performance of Perumal Spinning Mills.

Perumal Spinning Mills Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 21.17% decrease. The company also saw a substantial fall in profitability, with a 1097.69% decrease in profit. The company's net worth observed a substantial decline by a decrease of 89.66%.

Perumal Spinning Mills revenue growth over time
Perumal Spinning Mills 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
-21.17%
Revenue from Operations
-21.17%
Total Assets
10.87%
Profit or Loss
-1097.69%
Net Worth
-89.66%
EBITDA
-129.99%

What is the Ownership and Shareholding Structure of Perumal Spinning Mills?

In 2023, Perumal Spinning Mills had a promoter holding of 95.57% and a public holding of 4.43%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹22.28 Cr

Satisfied Charges

₹41.41 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 22.28 Cr

Latest Charge Details

DateLenderAmountStatus
04 Oct 2024Hdfc Bank Limited₹10.00 CrOpen
31 Jul 2024Hdfc Bank Limited₹10.00 CrOpen
26 Jun 2024Hdfc Bank Limited₹1.50 CrOpen
25 Jun 2024Hdfc Bank Limited₹5.31 MOpen
18 Dec 2021Hdfc Bank Limited₹2.50 MOpen

How Many Employees Work at Perumal Spinning Mills?

Perumal Spinning Mills has a workforce of 104 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.

Employee growth trends for Perumal Spinning Mills Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Perumal 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 Perumal Spinning Mills'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 Perumal Spinning Mills

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 10.00 Cr with Charge ID 100987111 was registered on 04 Oct 2024.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 10.00 Cr registered on 31 Jul 2024 with Charge ID 100960691 was modified on 04 Oct 2024.

  • Annual General Meeting

    Perumal Spinning Mills Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 10.00 Cr with Charge ID 100960691 was registered on 31 Jul 2024.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 1.50 Cr with Charge ID 100949657 was registered on 26 Jun 2024.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.53 Cr with Charge ID 100949625 was registered on 25 Jun 2024.

Frequently asked questions

  • What is the Incorporation or founding date of Perumal Spinning Mills Private Limited?

    Perumal Spinning Mills Private Limited was incorporated on 08 May 1989.

  • What is authorized share capital and paid-up capital of Perumal Spinning Mills Private Limited?

    The authorized share capital of Perumal Spinning Mills Private Limited is ₹ 6.00 Cr and paid-up capital is ₹ 5.80 Cr.

  • Who are the current board members & directors of Perumal Spinning Mills Private Limited?

    Currently 4 directors are associated with Perumal Spinning Mills Private Limited.

    • Karthi Ashokaraman
    • Perumal Ashokaraman
    • Ashokaraman Shakthikumar
    • Ashokaraman Murugavel
  • What is the registered address of Perumal Spinning Mills Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Perumal Spinning Mills Private Limited is Cuddalore Main Roadseshanchavadi Post Salem India, Tamil Nadu, 636111.

  • What is the corporate identification number (CIN) and company number of Perumal Spinning Mills Private Limited?

    The corporate identification number (CIN) of Perumal Spinning Mills Private Limited is U17111TZ1989PTC002430 and the company number is 002430 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Perumal Spinning Mills Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Perumal Spinning Mills Private Limited has fallen by -21.17%.

  • How many employees does Perumal Spinning Mills Private Limited currently have?

    As Per 2023 financial reports, 104 employees are currently employed by Perumal Spinning Mills Private Limited.

  • What change has been observed in the net worth of Perumal Spinning Mills Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Perumal Spinning Mills Private Limited has experienced an downturn of -89.66%.

  • What are the total open charges for Perumal Spinning Mills Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Perumal Spinning Mills Private Limited amount to ₹ 22.28 Cr.

  • When was the last Balance Sheet of Perumal Spinning Mills Private Limited filed with the ROC?

    The most recent Balance Sheet for Perumal Spinning Mills Private Limited was filed with the ROC on 31 Mar 2024.

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