Ragavendra Spinners Limited

Textile manufacturing company specializing in various fibers and yarns, established in 1983 in Tamil Nadu.

1983 | Tirunelveli, Tamil Nadu (India) | Active
Last Updated: December 20, 2024

Ragavendra Spinners Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 1.70 Cr
  • Company Age 41 Year, 11 Months
  • Last Filing with ROC 31 Mar 2017
  • Open Charges ₹ 12.62 Cr
  • Revenue Growth %
  • Ebitda
  • Net Worth
  • Total Assets %

About Ragavendra Spinners

Ragavendra Spinners Limited (RSL) is a Public Limited Indian Non-Government Company incorporated in India on 17 March 1983 and has a history of 41 years and 11 months. Its registered office is in Tirunelveli, 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 2017. It's a company limited by shares with an authorized capital of Rs 2.00 Cr and a paid-up capital of Rs 1.70 Cr.

The company currently has active open charges totaling ₹12.62 Cr.

Ramachandran Mayandi, Ulagamuthu Nambi, and Ramachandran Guruvigneshkumar serve as directors at the Company.

Company Details

  • Location

    Tirunelveli, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17111TN1983PLC009899

  • Company No.

    009899

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    17 Mar 1983

  • Date of AGM

    30 Sep 2017

  • Date of Balance Sheet

    31 Mar 2017

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Manufacturing

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

Board Members (3)

NameDesignationAppointment DateStatus
Ramachandran Mayandi Country flag representing In Director 31-Jul-2006Current
Ulagamuthu Nambi Country flag representing In Director 31-Jul-2006Current
Ramachandran Guruvigneshkumar Country flag representing In Director 28-Mar-2018Current

Financial Performance of Ragavendra Spinners.

Ragavendra Spinners Limited, for the financial year ended 2017, experienced no change in revenue, with a 0% increase. The company also saw a no change in profitability, with a 0% increase in profit. The company's net worth witnessed no change by increase of 0%.

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
Revenue from Operations
Total Assets
Profit or Loss
Net Worth
EBITDA

What is the Ownership and Shareholding Structure of Ragavendra Spinners?

In 2017, Ragavendra Spinners had a promoter holding of 19.88% and a public holding of 80.12%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹12.62 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Canara Bank : 8.04 Cr
  • City Union Bank Ltd. : 3.11 Cr
  • Indian Bank : 0.91 Cr
  • M/S. Canara Bank : 0.57 Cr

Latest Charge Details

DateLenderAmountStatus
03 Aug 2005Canara Bank₹3.90 CrOpen
21 Jun 2005Canara Bank₹3.90 CrOpen
17 Jul 1996City Union Bank Ltd.₹1.55 CrOpen
07 Jul 1996City Union Bank Ltd.₹1.55 CrOpen
22 Jun 1992Indian Bank₹1.67 MOpen

How Many Employees Work at Ragavendra Spinners?

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

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Ragavendra 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 Ragavendra 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 Ragavendra Spinners

Recent activity within the organization

  • Director Appointment

    Ramachandran Guruvigneshkumar was appointed as a Director was appointed as a Director on 28 Mar 2018 & has been associated with this company since 6 years 10 months .

    28 Mar 2018

  • Annual General Meeting

    Ragavendra Spinners Limited last Annual general meeting of members was held on 30 Sep 2017 as per latest MCA records.

    30 Sep 2017

  • Balance Sheet

    Ragavendra Spinners Limited has filed its annual Financial statements for the year ended 31 Mar 2017 with Roc Chennai.

    31 Mar 2017

  • Director Appointment

    Ramachandran Mayandi was appointed as a Director was appointed as a Director on 31 Jul 2006 & has been associated with this company since 18 years 6 months .

    31 Jul 2006

  • Director Appointment

    Ulagamuthu Thirmalai Nambi was appointed as a Director was appointed as a Director on 31 Jul 2006 & has been associated with this company since 18 years 6 months .

    31 Jul 2006

  • Charges

    A charge with Canara Bank amounted to Rs. 3.90 Cr with Charge ID 90287010 was registered on 03 Aug 2005.

    03 Aug 2005

Frequently asked questions

  • Ragavendra Spinners Limited was incorporated on 17 Mar 1983.

  • The authorized share capital of Ragavendra Spinners Limited is ₹ 2.00 Cr and paid-up capital is ₹ 1.70 Cr.

  • Currently 3 directors are associated with Ragavendra Spinners Limited.

    • Ramachandran Mayandi
    • Ulagamuthu Thirmalai Nambi
    • Ramachandran Guruvigneshkumar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Ragavendra Spinners Limited is A-6 Veerabahu Nagar Pettai, Tirunvlveli India, Tirunvlveli 627004., Tamil Nadu.

  • The corporate identification number (CIN) of Ragavendra Spinners Limited is U17111TN1983PLC009899 and the company number is 009899 as per Ministry of Corporate Affairs (MCA).

  • As per the financial statements for fiscal Year 2017, The total open charges for Ragavendra Spinners Limited amount to ₹ 12.62 Cr.

  • The most recent Balance Sheet for Ragavendra Spinners Limited was filed with the ROC on 31 Mar 2017.

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