R G Spinning Mills Profile
Key Indicators
- Authorised Capital ₹ 10.00 Cr
- Paid Up Capital ₹ 10.00 Cr
- Company Age 20 Year, 6 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 51.64 Cr
- Satisfied Charges ₹ 44.73 Cr
- Revenue Growth -25.84%
- Profit Growth -90.17%
- Ebitda -24.15%
- Net Worth 1.33%
- Total Assets 4.14%
About R G Spinning Mills
R G Spinning Mills Private Limited (RGSMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 18 August 2004 and has a history of 20 years and six months. Its registered office is in Namakkal, Tamil Nadu, India.
The Corporate was formerly known as R G 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 2023. It's a company limited by shares with an authorized capital of Rs 10.00 Cr and a paid-up capital of Rs 10.00 Cr.
The company currently has active open charges totaling ₹51.64 Cr. The company has closed loans amounting to ₹44.73 Cr, as per Ministry of Corporate Affairs (MCA) records.
Pongiannan Vasanth, Pongiyannan Prema, Palanisamy Vijaya, and Two other members 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
U17111TZ2004PTC011274
- Company No.
011274
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
18 Aug 2004
- Date of AGM
29 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Coimbatore
Industry
Who are the key members and board of directors at R G Spinning Mills?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Pongiannan Vasanth  | Managing Director | 18-Aug-2004 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Pongiyannan Prema | Director | 18-Aug-2004 | Current |
| Palanisamy Vijaya | Director | 30-Sep-2009 | Current |
| Mekala Vasanth | Director | 30-Jan-2013 | Current |
| Divakar | Whole-Time Director | 01-Jul-2017 | Current |
Financial Performance of R G Spinning Mills.
R G Spinning Mills Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 25.84% decrease. The company also saw a substantial fall in profitability, with a 90.17% decrease in profit. The company's net worth moved up by a moderate rise of 1.33%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of R G Spinning Mills?
In 2023, R G Spinning Mills had a promoter holding of 91.87% and a public holding of 8.13%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
₹51.64 Cr
₹44.73 Cr
Charges Breakdown by Lending Institutions
- Others : 31.80 Cr
- State Bank Of India : 12.94 Cr
- Sidbi : 6.90 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 26 Jul 2023 | Sidbi | ₹6.90 Cr | Open |
| 05 Jan 2022 | State Bank Of India | ₹12.94 Cr | Open |
| 04 Dec 2021 | Others | ₹12.00 Cr | Open |
| 04 Dec 2021 | Others | ₹19.80 Cr | Open |
| 07 Jul 2011 | Lakshmi Vilas Bank Limited | ₹23.75 Cr | Satisfied |
How Many Employees Work at R G Spinning Mills?
R G Spinning Mills has a workforce of 214 employees as of Apr 09, 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 R G 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 R G 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.
