Sadhana Spinners Profile
Key Indicators
- Authorised Capital ₹ 4.50 Cr
- Paid Up Capital ₹ 3.59 Cr
- Company Age 33 Year, 9 Months
- Last Filing with ROC 31 Mar 2023
- Satisfied Charges ₹ 11.39 Cr
- Revenue Growth 7.64%
- Profit Growth 100.40%
- Ebitda -9.65%
- Net Worth 0.14%
- Total Assets 0.44%
About Sadhana Spinners
Sadhana Spinners Limited (SSL) is a Public Limited Indian Non-Government Company incorporated in India on 20 May 1991 and has a history of 33 years and nine months. Its registered office is in Erode, Tamil Nadu, India.
The Corporate was formerly known as Sadhana Spinners Private 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 4.50 Cr and a paid-up capital of Rs 3.59 Cr.
The company has closed loans amounting to ₹11.39 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
Venkatapathy Vijayasekar, Kasthuriswamy Venkatapathy, Kasthuriswamynaidu Chelladurai, and Three other members serve as directors at the Company.
Company Details
- Location
Erode, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
-
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U17111TZ1991PLC003273
- Company No.
003273
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
20 May 1991
- Date of AGM
30 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 Sadhana Spinners?
Board Members (6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Venkatapathy Vijayasekar  | Director | 20-May-1991 | Current |
| Kasthuriswamy Venkatapathy | Director | 20-May-1991 | Current |
| Kasthuriswamynaidu Chelladurai | Director | 20-May-1991 | Current |
| Venkatasamynaidu Jaganathan | Director | 20-May-1991 | Current |
| Vimala | Director | 09-Oct-2004 | Current |
| Venkatapathy Shriprakash | Director | 09-Oct-2004 | Current |
Financial Performance of Sadhana Spinners.
Sadhana Spinners Limited, for the financial year ended 2020, experienced modest growth in revenue, with a 7.64% increase. The company also saw a substantial improvement in profitability, with a 100.4% increase in profit. The company's net worth moved up by a moderate rise of 0.14%.
- Key Matrics
- Balance Sheet
- Profit and Loss
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What is the Ownership and Shareholding Structure of Sadhana Spinners?
In 2020, Sadhana Spinners had a promoter holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Tirupur Textiles Private LimitedKasthuriswamynaidu Chelladurai is a mutual person
Sovereign Engineers Private LimitedKasthuriswamynaidu Chelladurai is a mutual person
- Tirupur Gin And Press Private Limited
Kasthuriswamynaidu Chelladurai is a mutual person
Charges (Loans)
₹0
₹11.39 Cr
Charges Breakdown by Lending Institutions
- Ing Vysya Bank Limited : 6.53 Cr
- Andhra Bank : 4.56 Cr
- The Vysya Bank Ltd. : 0.30 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 20 Aug 2010 | Andhra Bank | ₹4.56 Cr | Satisfied |
| 09 Aug 1995 | The Vysya Bank Ltd. | ₹3.00 M | Satisfied |
| 28 Nov 1994 | Ing Vysya Bank Limited | ₹6.53 Cr | Satisfied |
How Many Employees Work at Sadhana Spinners?
Sadhana Spinners has a workforce of 0 employees as of Mar 30, 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 Sadhana 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 Sadhana Spinners'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.