Perumal Spinning Mills Private Limited

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

1989 | Tamil Nadu, Tamil Nadu (India) | Active
Last Updated: July 18, 2024

Perumal Spinning Mills Profile

Key Indicators

  • Authorised Capital ₹ 6.00 Cr
  • Paid Up Capital ₹ 5.80 Cr
  • Company Age 35 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 19.60 Cr
  • Satisfied Charges ₹ 31.41 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 35 years and nine months. Its registered office is in Tamil Nadu, 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 6.00 Cr and a paid-up capital of Rs 5.80 Cr.

The company currently has active open charges totaling ₹19.60 Cr. The company has closed loans amounting to ₹31.41 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

    Tamil Nadu, 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 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Manufacturing

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 DirectorCurrent

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%.

Graph illustrating revenue growth over time
Graph showing 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

₹19.60 Cr

Satisfied Charges

₹31.41 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 19.35 Cr
  • Hdfc Bank Limited : 0.25 Cr

Latest Charge Details

DateLenderAmountStatus
18 Dec 2021Hdfc Bank Limited₹2.50 MOpen
19 Jan 2018State Bank Of India₹19.35 CrOpen
22 Apr 2016State Bank Of Travancore₹1.56 CrSatisfied
19 Dec 2014State Bank Of Mysore₹1.70 CrSatisfied
08 Mar 2007State Bank Of Mysore₹4.00 MSatisfied

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.

Graph showing employee growth trends

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 State Bank Of India of Rs. 19.35 Cr registered on 19 Jan 2018 with Charge ID 100155076 was modified on 27 Nov 2023.

    27 Nov 2023

  • Charges

    A charge registered on 22 Apr 2016 via Charge ID 100023610 with State Bank Of Travancore was fully satisfied on 07 Oct 2023.

    07 Oct 2023

  • Charges

    A charge registered on 19 Dec 2014 via Charge ID 10541929 with State Bank Of Mysore was fully satisfied on 07 Oct 2023.

    07 Oct 2023

  • Charges

    A charge registered on 17 May 1996 via Charge ID 90008389 with State Bank Of Travancore was fully satisfied on 07 Oct 2023.

    07 Oct 2023

  • Charges

    A charge registered on 22 Dec 1995 via Charge ID 90008330 with State Bank Of Mysore was fully satisfied on 07 Oct 2023.

    07 Oct 2023

  • Annual General Meeting

    Perumal Spinning Mills Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

Frequently asked questions

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

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

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

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

  • 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).

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

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

  • 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%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Perumal Spinning Mills Private Limited amount to ₹ 19.60 Cr.

  • The most recent Balance Sheet for Perumal Spinning Mills Private Limited was filed with the ROC on 31 Mar 2023.

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