Rathnaswami Spinners Private Limited

Manufactures man-made filament yarn in Tamil Nadu since 1993.

1993 | Coimbatore, Tamil Nadu (India) | Active
Last Updated: November 16, 2024

Rathnaswami Spinners Profile

Key Indicators

  • Authorised Capital ₹ 6.00 Cr
  • Paid Up Capital ₹ 6.00 Cr
  • Company Age 31 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 5.75 Cr
  • Revenue Growth -59.87%
  • Profit Growth -230.17%
  • Ebitda -207.97%
  • Net Worth -82.51%
  • Total Assets -24.13%

About Rathnaswami Spinners

Rathnaswami Spinners Private Limited (RSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 08 September 1993 and has a history of 31 years and five months. Its registered office is in Coimbatore, 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 6.00 Cr.

The company currently has active open charges totaling ₹5.75 Cr.

Rathinam Thirupathiswamy, Kuppusamy Manickavasagam, Ramaswamy Maruti, and One other member serve as directors at the Company.

Company Details

  • Location

    Coimbatore, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17111TZ1993PTC004568

  • Company No.

    004568

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    08 Sep 1993

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Manufacturing

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

Executive Team (1)

NameDesignationAppointment DateStatus
Rathinam Thirupathiswamy Country flag representing In Managing Director08-Sep-1993Current

Board Members (3)

NameDesignationAppointment DateStatus
Kuppusamy Manickavasagam Country flag representing In Director 13-Dec-1993Current
Ramaswamy Maruti Country flag representing In Director 17-Feb-1997Current
Selvaraj Chandran Country flag representing In Director 13-Dec-1993Current

Financial Performance of Rathnaswami Spinners.

Rathnaswami Spinners Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 59.87% decrease. The company also saw a substantial fall in profitability, with a 230.17% decrease in profit. The company's net worth observed a substantial decline by a decrease of 82.51%.

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
-59.87%
Revenue from Operations
-59.94%
Total Assets
-24.13%
Profit or Loss
-230.17%
Net Worth
-82.51%
EBITDA
-207.97%

What is the Ownership and Shareholding Structure of Rathnaswami Spinners?

In 2023, Rathnaswami Spinners had a promoter holding of 51.15% and a public holding of 48.84%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹5.75 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Karnataka Bank Ltd. : 5.75 Cr

Latest Charge Details

DateLenderAmountStatus
04 Nov 2022Karnataka Bank Ltd.₹1.78 CrOpen
16 May 1994Karnataka Bank Ltd.₹3.97 CrOpen

How Many Employees Work at Rathnaswami Spinners?

Rathnaswami Spinners has a workforce of 61 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

    Rathnaswami Spinners Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore.

    31 Mar 2024

  • Charges

    A charge with Karnataka Bank Ltd. amounted to Rs. 1.78 Cr with Charge ID 100624262 was registered on 04 Nov 2022.

    04 Nov 2022

  • Charges

    A charge with Karnataka Bank Ltd. of Rs. 3.97 Cr registered on 16 May 1994 with Charge ID 90002632 was modified on 20 May 1998.

    20 May 1998

  • Director Appointment

    Ramaswamy Shanmukam Maruti was appointed as a Director was appointed as a Director on 17 Feb 1997 & has been associated with this company since 28 years 4 days .

    17 Feb 1997

  • Charges

    A charge with Karnataka Bank Ltd. amounted to Rs. 3.97 Cr with Charge ID 90002632 was registered on 16 May 1994.

    16 May 1994

Frequently asked questions

  • Rathnaswami Spinners Private Limited was incorporated on 08 Sep 1993.

  • The authorized share capital of Rathnaswami Spinners Private Limited is ₹ 6.00 Cr and paid-up capital is ₹ 6.00 Cr.

  • Currently 4 directors are associated with Rathnaswami Spinners Private Limited.

    • Rathinam Thirupathiswamy
    • Kuppusamy Manickavasagam
    • Ramaswamy Shanmukam Maruti
    • Selvaraj Chandran
  • As per Ministry of Corporate Affairs (Mca), the registered address of Rathnaswami Spinners Private Limited is 74Raja Street Coimbatore India, Tamil Nadu, 641001.

  • The corporate identification number (CIN) of Rathnaswami Spinners Private Limited is U17111TZ1993PTC004568 and the company number is 004568 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Rathnaswami Spinners Private Limited has fallen by -59.87%.

  • As Per 2023 financial reports, 61 employees are currently employed by Rathnaswami Spinners Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Rathnaswami Spinners Private Limited has experienced an downturn of -82.51%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Rathnaswami Spinners Private Limited amount to ₹ 5.75 Cr.

  • The most recent Balance Sheet for Rathnaswami Spinners Private Limited was filed with the ROC on 31 Mar 2024.