Saravanagiri Spinning Mill Profile
Key Indicators
- Authorised Capital ₹ 20.50 Cr
as on 17-11-2024
- Paid Up Capital ₹ 17.45 Cr
as on 17-11-2024
- Company Age 12 Year, 11 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 104.23 Cr
as on 17-11-2024
- Satisfied Charges ₹ 57.63 Cr
as on 17-11-2024
- Revenue -15.81%
(FY 2023)
- Profit -78.24%
(FY 2023)
- Ebitda -18.82%
(FY 2023)
- Net Worth 2.33%
(FY 2023)
- Total Assets 3.61%
(FY 2023)
About Saravanagiri Spinning Mill
The Corporate was formerly known as Saravanagiri Spinning Mill Limited. The Company is engaged in the Environment 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 20.50 Cr and a paid-up capital of Rs 17.45 Cr.
The company currently has active open charges totaling ₹104.23 Cr. The company has closed loans amounting to ₹57.63 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Saravanagiri Spinning Mill Private Limited India is Aditi Parwal as COMPANY SECRETARY. Ramasamy Sivananthan, Gowtham Sivananthan, Sivananthan Rukmani, and One other member serve as directors at the Company.
- CIN/LLPIN
U17111TZ2012PTC017843
- Company No.
017843
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
27 Jan 2012
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Coimbatore
Industry
Company Details
- Location
Namakkal, Tamil Nadu, India
- Telephone
- Email Address
- Website
- Social Media-
Who are the key members and board of directors at Saravanagiri Spinning Mill?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ramasamy Sivananthan  | Managing Director | 27-Jan-2012 | Current |
| Aditi Parwal | Company Secretary | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Gowtham Sivananthan | Director | 27-Jan-2012 | Current |
| Sivananthan Rukmani | Director | 27-Jan-2012 | Current |
| Mohanchand Kumar | Director | 02-Jul-2014 | Current |
Financial Performance of Saravanagiri Spinning Mill.
Saravanagiri Spinning Mill Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 15.81% decrease. The company also saw a substantial fall in profitability, with a 78.24% decrease in profit. The company's net worth moved up by a moderate rise of 2.33%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Saravanagiri Spinning Mill?
In 2023, Saravanagiri Spinning Mill had a promoter holding of 62.93% and a public holding of 37.08%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Rk Weaves India Private LimitedActive 4 years 3 monthsRamasamy Sivananthan, Gowtham Sivananthan and 1 more are mutual person
Charges (Loans)
₹104.23 Cr
₹57.63 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 86.89 Cr
- State Bank Of India : 12.04 Cr
- Sidbi : 5.15 Cr
- Others : 0.15 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 13 Mar 2024 | Sidbi | ₹5.15 Cr | Open |
| 11 May 2022 | State Bank Of India | ₹12.04 Cr | Open |
| 16 Mar 2021 | Hdfc Bank Limited | ₹86.89 Cr | Open |
| 17 Jun 2019 | Others | ₹1.50 M | Open |
| 28 Nov 2014 | State Bank Of India | ₹57.63 Cr | Satisfied |
How Many Employees Work at Saravanagiri Spinning Mill?
Saravanagiri Spinning Mill has a workforce of 22 employees as of Mar 31, 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 Saravanagiri Spinning Mill, 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 Saravanagiri Spinning Mill'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.
