Sarlak Spinners Private Limited

Manufactures cotton yarn since 2011, with registered office in Tamil Nadu.

2011 | Virudhunagar, Tamil Nadu (India) | Active
Last Updated:

Sarlak Spinners Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 9.85 M
  • Company Age 14 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 4.50 M
  • Satisfied Charges ₹ 1.11 Cr
  • Revenue Growth 7.33%
  • Profit Growth -35.00%
  • Ebitda -8.16%
  • Net Worth 2.80%
  • Total Assets 10.44%

About Sarlak Spinners

Sarlak Spinners Private Limited (SSPL) is a Private Limited Indian Non-Government Company incorporated in India on 01 February 2011 and has a history of 14 years and one month. Its registered office is in Virudhunagar, 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 2024. It's a company limited by shares with an authorized capital of Rs 1.00 Cr and a paid-up capital of Rs 9.85 M.

The company currently has active open charges totaling ₹4.50 M. The company has closed loans amounting to ₹1.11 Cr, as per Ministry of Corporate Affairs (MCA) records.

Solainaicker Ragavan and Seenivasan Sankarappan serve as directors at the Company.

Company Details

  • Location

    Virudhunagar, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U17120TN2011PTC079002

  • Company No.

    079002

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    01 Feb 2011

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Manufacturing

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

Board Members (2)

NameDesignationAppointment DateStatus
Solainaicker Ragavan Country flag representing In Director 18-Mar-2019Current
Seenivasan Sankarappan Country flag representing In Director 25-Apr-2011Current

Financial Performance of Sarlak Spinners.

Sarlak Spinners Private Limited, for the financial year ended 2022, experienced modest growth in revenue, with a 7.33% increase. The company also saw a substantial fall in profitability, with a 35% decrease in profit. The company's net worth moved up by a moderate rise of 2.8%.

Sarlak Spinners revenue growth over time
Sarlak Spinners 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
7.33%
Revenue from Operations
7.99%
Total Assets
10.44%
Profit or Loss
-35.00%
Net Worth
2.80%
EBITDA
-8.16%

What is the Ownership and Shareholding Structure of Sarlak Spinners?

In 2020, Sarlak Spinners had a promoter holding of 37.56% and a public holding of 62.44%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0.45 Cr

Satisfied Charges

₹1.11 Cr

Charges Breakdown by Lending Institutions

  • Others : 0.45 Cr

Latest Charge Details

DateLenderAmountStatus
07 May 2024Others₹4.50 MOpen
11 Oct 2011State Bank Of India₹1.11 CrSatisfied

How Many Employees Work at Sarlak Spinners?

Sarlak Spinners has a workforce of 13 employees as of Mar 28, 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.

Employee growth trends for Sarlak Spinners Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Sarlak 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 Sarlak 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 Sarlak Spinners

Recent activity within the organization

  • Annual General Meeting

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

  • Charges

    A charge with Others amounted to Rs. 0.45 Cr with Charge ID 100923866 was registered on 07 May 2024.

  • Balance Sheet

    Sarlak Spinners Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

  • Charges

    A charge registered on 11 Oct 2011 via Charge ID 10315346 with State Bank Of India was fully satisfied on 01 Dec 2023.

  • Director Appointment

    Solainaicker Ragavan was appointed as a Director was appointed as a Director on 18 Mar 2019 & has been associated with this company since 6 years 10 days .

  • Charges

    A charge with State Bank Of India of Rs. 1.11 Cr registered on 11 Oct 2011 with Charge ID 10315346 was modified on 26 Feb 2015.

Frequently asked questions

  • What is the Incorporation or founding date of Sarlak Spinners Private Limited?

    Sarlak Spinners Private Limited was incorporated on 01 Feb 2011.

  • What is authorized share capital and paid-up capital of Sarlak Spinners Private Limited?

    The authorized share capital of Sarlak Spinners Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 9.85 M.

  • Who are the current board members & directors of Sarlak Spinners Private Limited?

    Currently 2 directors are associated with Sarlak Spinners Private Limited.

    • Solainaicker Ragavan
    • Seenivasan Sankarappan
  • What is the registered address of Sarlak Spinners Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Sarlak Spinners Private Limited is 2/1710, Gopal Nagar Sithurajapuram India, Sivakasi, Tamil Nadu, 626123.

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

    The corporate identification number (CIN) of Sarlak Spinners Private Limited is U17120TN2011PTC079002 and the company number is 079002 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Sarlak Spinners Private Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Sarlak Spinners Private Limited has risen by 7.33%.

  • How many employees does Sarlak Spinners Private Limited currently have?

    As Per 2022 financial reports, 13 employees are currently employed by Sarlak Spinners Private Limited.

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

    The financial reports for the fiscal year 2022 indicates that The net worth of Sarlak Spinners Private Limited has experienced an upsurge of 2.80%.

  • What are the total open charges for Sarlak Spinners Private Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Sarlak Spinners Private Limited amount to ₹ 4.50 M.

  • When was the last Balance Sheet of Sarlak Spinners Private Limited filed with the ROC?

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