S P Spinning Mills Private Limited

Textile manufacturing company with a focus on medium and coarser cotton yarn production.

1979 | Salem, Tamil Nadu (India) | Active
Last Updated:

S P Spinning Mills Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 1.23 Cr
  • Company Age 45 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 19.93 Cr
  • Satisfied Charges ₹ 44.43 Cr
  • Revenue Growth -3.29%
  • Profit Growth -208.09%
  • Ebitda -154.01%
  • Net Worth -5.91%
  • Total Assets -10.69%

About S P Spinning Mills

S P Spinning Mills Private Limited (SPSMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 20 June 1979 and has a history of 45 years and nine months. Its registered office is in Salem, Tamil Nadu, India.

The Corporate was formerly known as S P 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 2024. It's a company limited by shares with an authorized capital of Rs 2.00 Cr and a paid-up capital of Rs 1.23 Cr.

The company currently has active open charges totaling ₹19.93 Cr. The company has closed loans amounting to ₹44.43 Cr, as per Ministry of Corporate Affairs (MCA) records.

Kanakarajan Perumal, Sivabalan Kanakarajan, and Kalaimani Vaithilingam serve as directors at the Company.

Company Details

  • Location

    Salem, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U17111TZ1979PTC000862

  • Company No.

    000862

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    20 Jun 1979

  • Date of AGM

    25 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Manufacturing

What products or services does S P Spinning Mills Private Limited offer?

S P Spinning Mills Private Limited offers a wide range of products and services, including Printed Fabrics, Check Fabric, Cladding Stone, Stone Strips, Plain Weave, Dobby Fabrics.

Company report

S P Spinning Mills Private Limited

Explore comprehensive data for S P Spinning Mills Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at S P Spinning Mills?

Executive Team (1)

NameDesignationAppointment DateStatus
Kanakarajan Perumal Country flag representing In Managing Director12-Jul-2001Current

Board Members (2)

NameDesignationAppointment DateStatus
Sivabalan Kanakarajan Country flag representing In Whole-Time Director 24-Aug-2009Current
Kalaimani Vaithilingam Country flag representing In Whole-Time Director 07-Oct-2013Current

Financial Performance of S P Spinning Mills.

S P Spinning Mills Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 3.29% decrease. The company also saw a substantial fall in profitability, with a 208.09% decrease in profit. The company's net worth dipped by a decrease of 5.91%.

S P Spinning Mills revenue growth over time
S P Spinning Mills 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
-3.29%
Revenue from Operations
-2.34%
Total Assets
-10.69%
Profit or Loss
-208.09%
Net Worth
-5.91%
EBITDA
-154.01%

What is the Ownership and Shareholding Structure of S P Spinning Mills?

In 2022, S P Spinning Mills had a promoter holding of 62.97% and a public holding of 37.03%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹19.93 Cr

Satisfied Charges

₹44.43 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 19.93 Cr

Latest Charge Details

DateLenderAmountStatus
20 Mar 1985State Bank Of India₹19.93 CrOpen
02 Mar 2015State Bank Of India₹9.00 CrSatisfied
21 Feb 2015State Bank Of Mysore₹3.00 CrSatisfied
18 Jan 2007State Bank Of Mysore₹1.26 CrSatisfied
21 Dec 2005State Bank Of Mysore₹3.00 CrSatisfied

How Many Employees Work at S P Spinning Mills?

S P Spinning Mills has a workforce of 361 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.

Employee growth trends for S P Spinning Mills Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of S P 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 S P 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 S P Spinning Mills

Recent activity within the organization

  • Annual General Meeting

    S P Spinning Mills Private Limited last Annual general meeting of members was held on 25 Sep 2024 as per latest MCA records.

  • Charges

    A charge with State Bank Of India of Rs. 19.93 Cr registered on 20 Mar 1985 with Charge ID 90007660 was modified on 08 Apr 2024.

  • Balance Sheet

    S P Spinning Mills Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore.

  • Charges

    A charge registered on 07 Jan 1983 via Charge ID 90007528 with The Tamilnadu Industrial Investment Cor. Ltd. was fully satisfied on 14 Sep 2021.

  • Charges

    A charge registered on 07 Oct 1988 via Charge ID 90007867 with State Industries Promotion Corpn. Of Tamil Nadu Ltd. was fully satisfied on 14 Jul 2020.

  • Charges

    A charge registered on 17 Sep 1986 via Charge ID 90007734 with State Industries Promotion Corporation Of Tamil Nadu Ltd. was fully satisfied on 14 Jul 2020.

Frequently asked questions

  • What is the Incorporation or founding date of S P Spinning Mills Private Limited?

    S P Spinning Mills Private Limited was incorporated on 20 Jun 1979.

  • What is authorized share capital and paid-up capital of S P Spinning Mills Private Limited?

    The authorized share capital of S P Spinning Mills Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 1.23 Cr.

  • Who are the current board members & directors of S P Spinning Mills Private Limited?

    Currently 3 directors are associated with S P Spinning Mills Private Limited.

    • Kanakarajan Perumal
    • Sivabalan Kanakarajan
    • Kalaimani Vaithilingam

  • What is the registered address of S P Spinning Mills Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of S P Spinning Mills Private Limited is 1/147/104 Cuddalore Main Road, Karipatti India, Salem, Tamil Nadu, 636106.

  • What is the corporate identification number (CIN) and company number of S P Spinning Mills Private Limited?

    The corporate identification number (CIN) of S P Spinning Mills Private Limited is U17111TZ1979PTC000862 and the company number is 000862 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of S P Spinning Mills Private Limited?

    The Official website of S P Spinning Mills Private Limited is https://www.spmills.com

  • What has been the recent revenue trend for S P Spinning Mills Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for S P Spinning Mills Private Limited has fallen by -3.29%.

  • How many employees does S P Spinning Mills Private Limited currently have?

    As Per 2023 financial reports, 361 employees are currently employed by S P Spinning Mills Private Limited.

  • What change has been observed in the net worth of S P Spinning Mills Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of S P Spinning Mills Private Limited has experienced an downturn of -5.91%.

  • What are the total open charges for S P Spinning Mills Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for S P Spinning Mills Private Limited amount to ₹ 19.93 Cr.

  • When was the last Balance Sheet of S P Spinning Mills Private Limited filed with the ROC?

    The most recent Balance Sheet for S P Spinning Mills Private Limited was filed with the ROC on 31 Mar 2024.

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