About
Basic Data Updated:
27 days agoSambandam Spinning Mills Limited is a company that specializes in the manufacturing and selling of cotton yarn. The product portfolio of the company consists of various types of yarn such as cotton auto coned/ siro cleared, single/multiply yarn, carded/combed weaving and knitting yarns, ring doubled wet spliced/TFO yarns, and value-added products like gassed yarn/compact yarn/slub yarn. With a synergy of 5 mills and a total of 2,000 spindles, SSML has a combined spindle capacity of 1,10,000. The company has the capability to produce 12 mk (million kilos) of 100% cotton yarns per annum. Additionally, SSML has an installed capacity of 1,00,000 spindles and is proud to be an ISO 9001:2000 certified company.
Industry
Company Details
- Location
Salem, Tamil Nadu, India
- Website12224421
- Telephone12224421
- Email Address12224421
- Social Media12224421
| CIN/LLPIN/FCRN | L17111TZ1973PLC000675 |
| Company No. | 000675 |
| Stock Symbol | BSE : 521240 |
| Company Classification | Public Limited Indian Non-Government Company |
| Incorporation Date | 07 Nov 1973 |
| Date of AGM | 12 Aug 2023 |
| Date of Balance Sheet | 31 Mar 2023 |
| Listing Status | Listed |
| ROC Code | Roc Coimbatore |
Financials of Sambandam Spinning Mills Limited
Sambandam Spinning Mills Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 53.58% increase. The company also saw a substantial improvement in profitability, with a 79.88% increase in profit. The company's net worth Soared by an impressive increase of 14.07%.
Corporate Structure
Unlock access to Sambandam Spinning Mills's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.
People in Sambandam Spinning Mills Limited
Unlock and access historical data on people associated with Sambandam Spinning Mills, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Executive Team (5)
Boopalan Periasamy
CFOAppointment Date: 03-Jun-2019
Status: Current
DS
Devarajan Sambandam Managing DirectorAppointment Date: 01-Apr-2005
Status: Current
DS
Dinakaran Sambandam Managing DirectorAppointment Date: 01-Apr-2005
Status: Current
JS
Jegarajan Sambandam Managing DirectorAppointment Date: 01-Apr-2005
Status: Current
S
Snatarajan Company SecretaryAppointment Date: 09-Jun-2016
Status: Current
Board Members(9)
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 31 Jul 2023 | ₹3.67 M | Open |
Others Creation Date: 13 Jul 2023 | ₹1.58 M | Open |
Canara Bank Creation Date: 19 Jun 2023 | ₹122.69 Cr | Open |
Deals i
Gain comprehensive insights into the Deals and Valuation data of Sambandam 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 Sambandam Spinning Mills's trajectory.
Rating
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Alert
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Related Corporates (Common Directorship)
Sambandam Dairy Farm Private Limited
Active
32 years 1 month Devarajan Sambandam and Dinakaran Sambandam are mutual person
Sambandam Siva Textiles Private Limited
Active 29 years 11 months Devarajan Sambandam, Dinakaran Sambandam and 2 more are mutual person
Kandagiri Spinning Mills Limited
Active 48 years 13 days Devarajan Sambandam and Subramaniam Gnanashekaran are mutual person
Spmm Health Care Services Private Limited
Active 20 years 8 months Devarajan Sambandam, Dinakaran Sambandam and 2 more are mutual person
Recent activity within the organization
Charges
A charge with Canara Bank of Rs. 122.69 cr registered on 19 Jun 2023 with Charge ID 100737592 was modified on 27 Feb 2024.
27 Feb 2024Charges
A charge registered on 30 Nov 2007 via Charge ID 10078908 with State Bank Of India was fully satisfied on 26 Feb 2024.
26 Feb 2024Charges
A charge registered on 23 Jun 2020 via Charge ID 100350763 with The Catholic Syrian Bank Ltd was fully satisfied on 12 Oct 2023.
12 Oct 2023Charges
A charge registered on 28 Sep 2018 via Charge ID 100216941 with Hdfc Bank Limited was fully satisfied on 07 Oct 2023.
07 Oct 2023Charges
A charge registered on 18 Oct 2022 via Charge ID 100650963 with Canara Bank was fully satisfied on 05 Oct 2023.
05 Oct 2023
Recent News, Updates & Announcement
Surprising Losses for Sambandam Spinning Mills Net Sales and EBITDA Plummet Shareholders Express Disappointment.When you thought your business was doing well but then you see the numbers and realize youre actually losing money Sambandam Spinning Mills net sales and EBITDA are down resulting in a net loss of Rs 729 crore Shareholders be like I trusted you while the promoters are probably sweating bullets Source Dion Global Solutions Limited.
Moneycontrol 12 Feb 2023
- Sambandam Spinning Mills disposes old Windmill machine vacant land in Tamil Nadu.
Udaipurkiran 01 Dec 2018
Frequently asked questions
What is the Incorporation or founding date of Sambandam Spinning Mills Limited?
