Saran Spinners Private Limited

Textile company specializing in cotton preparation, spinning, weaving, dyeing, and printing.

1990 | Coimbatore, Tamil Nadu (India) | Active
Last Updated: November 16, 2024

Saran Spinners Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 3.60 M
  • Company Age 34 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 1.56 Cr
  • Satisfied Charges ₹ 4.80 M
  • Revenue Growth 14.90%
  • Profit Growth -17.53%
  • Ebitda -5.14%
  • Net Worth 11.61%
  • Total Assets -10.86%

About Saran Spinners

Saran Spinners Private Limited (SSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 12 June 1990 and has a history of 34 years and eight months. Its registered office is in Coimbatore, Tamil Nadu, India.

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 5.00 M and a paid-up capital of Rs 3.60 M.

The company currently has active open charges totaling ₹1.56 Cr. The company has closed loans amounting to ₹4.80 M, as per Ministry of Corporate Affairs (MCA) records.

Krishnan Saravanan and Lakshmipriya serve as directors at the Company.

Company Details

  • Location

    Coimbatore, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17111TZ1990PTC002744

  • Company No.

    002744

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    12 Jun 1990

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Manufacturing

Who are the key members and board of directors at Saran Spinners?

Board Members (2)

Name Designation Appointment Date Status
Krishnan Saravanan Country flag representing In Director 20-Mar-1994 Current
Lakshmipriya Country flag representing In Director 31-Jul-2013 Current

Financial Performance of Saran Spinners.

Saran Spinners Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 14.9% increase. The company also saw a substantial fall in profitability, with a 17.53% decrease in profit. The company's net worth Soared by an impressive increase of 11.61%.

Graph illustrating revenue growth over time
Graph showing 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
14.90%
Revenue from Operations
14.88%
Total Assets
-10.86%
Profit or Loss
-17.53%
Net Worth
11.61%
EBITDA
-5.14%

What is the Ownership and Shareholding Structure of Saran Spinners?

In 2023, Saran Spinners 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

₹15.55 M

Satisfied Charges

₹4.80 M

Charges Breakdown by Lending Institutions

  • Others : 1.56 Cr

Latest Charge Details

Date Lender Amount Status
31 Mar 2022 Others ₹0.95 M Open
11 Feb 2022 Others ₹1.00 M Open
01 Jun 2020 Others ₹1.60 M Open
01 Aug 2005 Others ₹1.20 Cr Open
19 Sep 2018 Others ₹4.00 M Satisfied

How Many Employees Work at Saran Spinners?

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

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Saran 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 Saran Spinners'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 Saran Spinners

Recent activity within the organization

  • Annual General Meeting

    Saran Spinners Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Saran Spinners Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Coimbatore.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 0.95 M with Charge ID 100561240 was registered on 31 Mar 2022.

    31 Mar 2022

  • Charges

    A charge with Others amounted to Rs. 1.00 M with Charge ID 100541928 was registered on 11 Feb 2022.

    11 Feb 2022

  • Charges

    A charge registered on 19 Sep 2018 via Charge ID 100208526 with Others was fully satisfied on 05 Feb 2021.

    05 Feb 2021

  • Charges

    A charge registered on 27 Apr 1991 via Charge ID 90002426 with Central Bank Of India was fully satisfied on 02 Dec 2020.

    02 Dec 2020

Frequently asked questions

  • Saran Spinners Private Limited was incorporated on 12 Jun 1990.

  • The authorized share capital of Saran Spinners Private Limited is ₹ 5.00 M and paid-up capital is ₹ 3.60 M.

  • Currently 2 directors are associated with Saran Spinners Private Limited.

    • Krishnan Saravanan
    • Lakshmipriya
  • As per Ministry of Corporate Affairs (Mca), the registered address of Saran Spinners Private Limited is 3 G K D Nagar, Pappanaicken Palayam India, Coimbatore, Tamil Nadu, 641037.

  • The corporate identification number (CIN) of Saran Spinners Private Limited is U17111TZ1990PTC002744 and the company number is 002744 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Saran Spinners Private Limited has risen by 14.90%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Saran Spinners Private Limited has experienced an upsurge of 11.61%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Saran Spinners Private Limited amount to ₹ 1.56 Cr.

  • The most recent Balance Sheet for Saran Spinners Private Limited was filed with the ROC on 31 Mar 2023.

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