Sadhana Spinners Limited
Textile company specializing in manufacturing and trading yarn and textile products, with a facility in Tamil Nadu.
1991 | Erode, Tamil Nadu (India) | Active
Sadhana Spinners Profile
Key Indicators
- Authorised Capital ₹ 4.50 Cr
- Paid Up Capital ₹ 3.59 Cr
- Company Age 34 Year, 2 Days
- 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 34 years. 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
Manufacturing
Sadhana Spinners Limited
Explore comprehensive data for Sadhana Spinners Limited, including financials, compliance details, shareholding patterns, and litigation history.
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
- Cash Flow
- Ratios
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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)
Open Charges
₹0
Satisfied Charges
₹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.
Latest Updates, News, and FAQs on Sadhana Spinners
Recent activity within the organization
- Annual General Meeting
Sadhana Spinners Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Balance Sheet
Sadhana Spinners Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Coimbatore.
- Charges
A charge registered on 20 Aug 2010 via Charge ID 10243737 with Andhra Bank was fully satisfied on 14 Oct 2015.
- Charges
A charge with Andhra Bank of Rs. 4.56 Cr registered on 20 Aug 2010 with Charge ID 10243737 was modified on 31 Jan 2012.
- Charges
A charge registered on 09 Aug 1995 via Charge ID 90000530 with The Vysya Bank Ltd. was fully satisfied on 15 Mar 2011.
- Charges
A charge registered on 28 Nov 1994 via Charge ID 90000467 with Ing Vysya Bank Limited was fully satisfied on 15 Mar 2011.
Frequently asked questions
What is the Incorporation or founding date of Sadhana Spinners Limited?
Sadhana Spinners Limited was incorporated on 20 May 1991.
What is authorized share capital and paid-up capital of Sadhana Spinners Limited?
The authorized share capital of Sadhana Spinners Limited is ₹ 4.50 Cr and paid-up capital is ₹ 3.59 Cr.
Who are the current board members & directors of Sadhana Spinners Limited?
Currently 6 directors are associated with Sadhana Spinners Limited.
- Venkatapathy Vijayasekar
- Kasthuriswamy Naidu Venkatapathy
- Kasthuriswamynaidu Chelladurai
- Venkatasamynaidu Jaganathan
- Vimala
- Venkatapathy Shriprakash
What is the registered address of Sadhana Spinners Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Sadhana Spinners Limited is 4.689, Nochi Palayam Road Veerapandi India, Tirupur, Tamil Nadu, 641605.
What is the corporate identification number (CIN) and company number of Sadhana Spinners Limited?
The corporate identification number (CIN) of Sadhana Spinners Limited is U17111TZ1991PLC003273 and the company number is 003273 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Sadhana Spinners Limited?
According to the financial reports for the fiscal year 2020, the revenue trend for Sadhana Spinners Limited has risen by 7.64%.
What change has been observed in the net worth of Sadhana Spinners Limited, and by what percentage?
The financial reports for the fiscal year 2020 indicates that The net worth of Sadhana Spinners Limited has experienced an upsurge of 0.14%.
When was the last Balance Sheet of Sadhana Spinners Limited filed with the ROC?
The most recent Balance Sheet for Sadhana Spinners Limited was filed with the ROC on 31 Mar 2023.
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