Salem Spices Private Limited

Specializes in creating decorative and gift items using spices since 2003.

2003 | Salem, Tamil Nadu (India) | Active
Last Updated:

Salem Spices Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 1.51 M
  • Company Age 22 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 3.38 Cr
  • Revenue Growth -30.02%
  • Profit Growth -113.21%
  • Ebitda 233.68%
  • Net Worth -0.33%
  • Total Assets 5.02%

About Salem Spices

Salem Spices Private Limited (SSPL) is a Private Limited Indian Non-Government Company incorporated in India on 16 January 2003 and has a history of 22 years and three months. Its registered office is in Salem, Tamil Nadu, India.

The Company is engaged in the Agriculture 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 2.50 M and a paid-up capital of Rs 1.51 M.

The company has closed loans amounting to ₹3.38 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Rajeswaran Sathyaraj and Rajaram Nirmala 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

    U15495TZ2003PTC010437

  • Company No.

    010437

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    16 Jan 2003

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Agriculture
Food and Beverages
Company report

Salem Spices Private Limited

Explore comprehensive data for Salem Spices Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Salem Spices?

Board Members (2)

NameDesignationAppointment DateStatus
Rajeswaran Sathyaraj Country flag representing In Director 16-Jan-2003Current
Rajaram Nirmala Country flag representing In Director 16-Jan-2003Current

Financial Performance of Salem Spices.

Salem Spices Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 30.02% decrease. The company also saw a substantial fall in profitability, with a 113.21% decrease in profit. The company's net worth dipped by a decrease of 0.33%.

Salem Spices revenue growth over time
Salem Spices 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
-30.02%
Revenue from Operations
-30.73%
Total Assets
5.02%
Profit or Loss
-113.21%
Net Worth
-0.33%
EBITDA
233.68%

What is the Ownership and Shareholding Structure of Salem Spices?

In 2020, Salem Spices had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹33.82 M

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 2.20 Cr
  • Canara Bank : 1.18 Cr

Latest Charge Details

DateLenderAmountStatus
13 Jul 2010Axis Bank Limited₹1.50 MSatisfied
12 Feb 2010Axis Bank Limited₹2.05 CrSatisfied
25 Mar 2009Canara Bank₹0.99 MSatisfied
10 Mar 2003Canara Bank₹1.08 CrSatisfied

How Many Employees Work at Salem Spices?

Unlock and access historical data on people associated with Salem Spices, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Salem Spices Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Salem Spices, 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 Salem Spices'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 Salem Spices

Recent activity within the organization

  • Annual General Meeting

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

  • Balance Sheet

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

  • Charges

    A charge registered on 12 Feb 2010 via Charge ID 10208667 with Axis Bank Limited was fully satisfied on 24 Jan 2019.

  • Charges

    A charge registered on 13 Jul 2010 via Charge ID 10235175 with Axis Bank Limited was fully satisfied on 20 Nov 2015.

  • Charges

    A charge with Axis Bank Limited of Rs. 20.50 M registered on 12 Feb 2010 with Charge ID 10208667 was modified on 16 Nov 2015.

  • Charges

    A charge registered on 25 Mar 2009 via Charge ID 10154700 with Canara Bank was fully satisfied on 13 Dec 2013.

Frequently asked questions

  • What is the Incorporation or founding date of Salem Spices Private Limited?

    Salem Spices Private Limited was incorporated on 16 Jan 2003.

  • What is authorized share capital and paid-up capital of Salem Spices Private Limited?

    The authorized share capital of Salem Spices Private Limited is ₹ 2.50 M and paid-up capital is ₹ 1.51 M.

  • Who are the current board members & directors of Salem Spices Private Limited?

    Currently 2 directors are associated with Salem Spices Private Limited.

    • Rajeswaran Sathyaraj
    • Rajaram Nirmala

  • What is the registered address of Salem Spices Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Salem Spices Private Limited is Door No 7 (Ground Floor) Swarnambigai Street Balaji Nagar Fairlands, India, Salem, Tamil Nadu, 636016.

  • What is the corporate identification number (CIN) and company number of Salem Spices Private Limited?

    The corporate identification number (CIN) of Salem Spices Private Limited is U15495TZ2003PTC010437 and the company number is 010437 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Salem Spices Private Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Salem Spices Private Limited has fallen by -30.02%.

  • What change has been observed in the net worth of Salem Spices Private Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Salem Spices Private Limited has experienced an downturn of -0.33%.

  • When was the last Balance Sheet of Salem Spices Private Limited filed with the ROC?

    The most recent Balance Sheet for Salem Spices Private Limited was filed with the ROC on 31 Mar 2024.

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