Rajalakshmi Spinners Private Limited

Cotton spinning services and products, established in 1994, based in Tamil Nadu.

1994 | Pin-626001, Tamil Nadu (India) | Active
Last Updated: July 26, 2024

Rajalakshmi Spinners Profile

Key Indicators

  • Authorised Capital ₹ 9.00 Cr
  • Paid Up Capital ₹ 9.00 Cr
  • Company Age 30 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 49.29 Cr
  • Satisfied Charges ₹ 56.87 Cr
  • Revenue Growth 17.74%
  • Profit Growth 44.46%
  • Ebitda -1.63%
  • Net Worth 53.25%
  • Total Assets 21.99%

About Rajalakshmi Spinners

Rajalakshmi Spinners Private Limited (RSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 28 November 1994 and has a history of 30 years and two months. Its registered office is in Pin-626001, 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 9.00 Cr and a paid-up capital of Rs 9.00 Cr.

The company currently has active open charges totaling ₹49.29 Cr. The company has closed loans amounting to ₹56.87 Cr, as per Ministry of Corporate Affairs (MCA) records.

Ramachandran Narayanan and Sathyabama Narayanan serve as directors at the Company.

Company Details

  • Location

    Pin-626001, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17111TN1994PTC029353

  • Company No.

    029353

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    28 Nov 1994

  • Date of AGM

    22 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Manufacturing

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

Executive Team (1)

Name Designation Appointment Date Status
Ramachandran Narayanan Country flag representing In Managing Director 28-Nov-1994 Current

Board Members (1)

Name Designation Appointment Date Status
Sathyabama Narayanan Country flag representing In Director 18-Apr-2011 Current

Financial Performance of Rajalakshmi Spinners.

Rajalakshmi Spinners Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 17.74% increase. The company also saw a substantial improvement in profitability, with a 44.46% increase in profit. The company's net worth Soared by an impressive increase of 53.25%.

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
17.74%
Revenue from Operations
17.04%
Total Assets
21.99%
Profit or Loss
44.46%
Net Worth
53.25%
EBITDA
-1.63%

What is the Ownership and Shareholding Structure of Rajalakshmi Spinners?

In 2023, Rajalakshmi Spinners had a promoter holding of 95.46% and a public holding of 4.54%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹49.29 Cr

Satisfied Charges

₹56.87 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 49.29 Cr

Latest Charge Details

Date Lender Amount Status
24 May 2024 State Bank Of India ₹5.00 M Open
22 Jul 2021 State Bank Of India ₹1.00 Cr Open
06 Feb 2020 State Bank Of India ₹8.00 Cr Open
30 Mar 2019 State Bank Of India ₹39.79 Cr Open
06 May 2020 State Bank Of India ₹1.40 Cr Satisfied

How Many Employees Work at Rajalakshmi Spinners?

Rajalakshmi Spinners has a workforce of 127 employees as of Apr 04, 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 Rajalakshmi 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 Rajalakshmi 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 Rajalakshmi Spinners

Recent activity within the organization

  • Charges

    A charge with State Bank Of India amounted to Rs. 0.50 Cr with Charge ID 100934925 was registered on 24 May 2024.

    24 May 2024

  • Charges

    A charge with State Bank Of India of Rs. 39.79 Cr registered on 30 Mar 2019 with Charge ID 100255679 was modified on 05 Oct 2023.

    05 Oct 2023

  • Annual General Meeting

    Rajalakshmi Spinners Private Limited last Annual general meeting of members was held on 22 Sep 2023 as per latest MCA records.

    22 Sep 2023

  • Charges

    A charge with State Bank Of India of Rs. 8.00 Cr registered on 06 Feb 2020 with Charge ID 100322408 was modified on 15 Apr 2023.

    15 Apr 2023

  • Balance Sheet

    Rajalakshmi Spinners Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • Charges

    A charge registered on 06 May 2020 via Charge ID 100336075 with State Bank Of India was fully satisfied on 16 Mar 2023.

    16 Mar 2023

Frequently asked questions

  • Rajalakshmi Spinners Private Limited was incorporated on 28 Nov 1994.

  • The authorized share capital of Rajalakshmi Spinners Private Limited is ₹ 9.00 Cr and paid-up capital is ₹ 9.00 Cr.

  • Currently 2 directors are associated with Rajalakshmi Spinners Private Limited.

    • Ramachandran Narayanan
    • Sathyabama Narayanan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Rajalakshmi Spinners Private Limited is 200Ramamoorthy RoadVirudhunagarKamarajar Dist Pin-626001, Tamil Nadu, India.

  • The corporate identification number (CIN) of Rajalakshmi Spinners Private Limited is U17111TN1994PTC029353 and the company number is 029353 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Rajalakshmi Spinners Private Limited has risen by 17.74%.

  • As Per 2023 financial reports, 127 employees are currently employed by Rajalakshmi Spinners Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Rajalakshmi Spinners Private Limited has experienced an upsurge of 53.25%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Rajalakshmi Spinners Private Limited amount to ₹ 49.29 Cr.

  • The most recent Balance Sheet for Rajalakshmi Spinners Private Limited was filed with the ROC on 31 Mar 2023.

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