Sasi Anand Spinning Mills India Private Limited

Tamil Nadu-based cotton yarn manufacturer with 28,320 spindles and poultry business.

2004 | Erode, Tamil Nadu (India) | Active
Last Updated:

Sasi Anand Spinning Mills India Profile

Key Indicators

  • Authorised Capital ₹ 6.00 Cr
  • Paid Up Capital ₹ 4.50 Cr
  • Company Age 20 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 65.18 Cr
  • Satisfied Charges ₹ 27.47 Cr
  • Revenue Growth 19.50%
  • Profit Growth -29.64%
  • Ebitda -12.06%
  • Net Worth 16.98%
  • Total Assets -0.86%

About Sasi Anand Spinning Mills India

Sasi Anand Spinning Mills India Private Limited (SASMIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 23 September 2004 and has a history of 20 years and five months. Its registered office is in Erode, Tamil Nadu, India.

The Corporate was formerly known as Sasi Anand Spinning Mills India Limited. 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 6.00 Cr and a paid-up capital of Rs 4.50 Cr.

The company currently has active open charges totaling ₹65.18 Cr. The company has closed loans amounting to ₹27.47 Cr, as per Ministry of Corporate Affairs (MCA) records.

Duraisamy Anand, Duraisamy Sasikumar, Duraisamy Rajalakshmi, and Two other members serve as directors at the Company.

Company Details

  • Location

    Erode, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U17111TZ2004PTC011352

  • Company No.

    011352

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    23 Sep 2004

  • Date of AGM

    26 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Agriculture
Manufacturing

Who are the key members and board of directors at Sasi Anand Spinning Mills India?

Executive Team (1)

NameDesignationAppointment DateStatus
Duraisamy Rajalakshmi Country flag representing In Managing Director23-Sep-2004Current

Board Members (4)

NameDesignationAppointment DateStatus
Duraisamy Anand Country flag representing In Whole-Time Director 23-Sep-2004Current
Duraisamy Sasikumar Country flag representing In Whole-Time Director 23-Sep-2004Current
Priyadharshini Country flag representing In Director 07-Apr-2017Current
Saranya Country flag representing In Director 07-Apr-2017Current

Financial Performance of Sasi Anand Spinning Mills India.

Sasi Anand Spinning Mills India Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 19.5% increase. The company also saw a substantial fall in profitability, with a 29.64% decrease in profit. The company's net worth Soared by an impressive increase of 16.98%.

Sasi Anand Spinning Mills India revenue growth over time
Sasi Anand Spinning Mills India 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
19.50%
Revenue from Operations
19.32%
Total Assets
-0.86%
Profit or Loss
-29.64%
Net Worth
16.98%
EBITDA
-12.06%

What is the Ownership and Shareholding Structure of Sasi Anand Spinning Mills India?

In 2023, Sasi Anand Spinning Mills India 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

₹65.18 Cr

Satisfied Charges

₹27.47 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 65.18 Cr

Latest Charge Details

DateLenderAmountStatus
20 Jun 2022State Bank Of India₹1.00 CrOpen
13 Jun 2005State Bank Of India₹64.18 CrOpen
30 Dec 2020Hdfc Bank Limited₹7.50 MSatisfied
06 Mar 2018Tamilnad Mercantile Bank Limited₹9.82 CrSatisfied
27 Dec 2017State Bank Of India₹16.00 CrSatisfied

How Many Employees Work at Sasi Anand Spinning Mills India?

Sasi Anand Spinning Mills India has a workforce of 193 employees as of Apr 08, 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 Sasi Anand Spinning Mills India Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Sasi Anand Spinning Mills India, 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 Sasi Anand Spinning Mills India'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 Sasi Anand Spinning Mills India

Recent activity within the organization

  • Annual General Meeting

    Sasi Anand Spinning Mills India Private Limited last Annual general meeting of members was held on 26 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Sasi Anand Spinning Mills India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore.

  • Charges

    A charge with State Bank Of India of Rs. 64.18 Cr registered on 13 Jun 2005 with Charge ID 90001895 was modified on 28 Dec 2023.

  • Charges

    A charge with State Bank Of India amounted to Rs. 1.00 Cr with Charge ID 100589680 was registered on 20 Jun 2022.

  • Charges

    A charge registered on 30 Dec 2020 via Charge ID 100444203 with Hdfc Bank Limited was fully satisfied on 29 Dec 2021.

  • Charges

    A charge registered on 06 Mar 2018 via Charge ID 100169619 with Tamilnad Mercantile Bank Limited was fully satisfied on 03 Mar 2021.

Frequently asked questions

  • What is the Incorporation or founding date of Sasi Anand Spinning Mills India Private Limited?

    Sasi Anand Spinning Mills India Private Limited was incorporated on 23 Sep 2004.

  • What is authorized share capital and paid-up capital of Sasi Anand Spinning Mills India Private Limited?

    The authorized share capital of Sasi Anand Spinning Mills India Private Limited is ₹ 6.00 Cr and paid-up capital is ₹ 4.50 Cr.

  • Who are the current board members & directors of Sasi Anand Spinning Mills India Private Limited?

    Currently 5 directors are associated with Sasi Anand Spinning Mills India Private Limited.

    • Duraisamy Anand
    • Duraisamy Sasikumar
    • Duraisamy Rajalakshmi
    • Priyadharshini
    • Saranya
  • What is the registered address of Sasi Anand Spinning Mills India Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Sasi Anand Spinning Mills India Private Limited is Sf 14/2 To 8 Ellapalayam Pethampalayam Road Karumandichellipalayam Post, Perundurai India, Erode, Tamil Nadu, 638052.

  • What is the corporate identification number (CIN) and company number of Sasi Anand Spinning Mills India Private Limited?

    The corporate identification number (CIN) of Sasi Anand Spinning Mills India Private Limited is U17111TZ2004PTC011352 and the company number is 011352 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Sasi Anand Spinning Mills India Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Sasi Anand Spinning Mills India Private Limited has risen by 19.50%.

  • How many employees does Sasi Anand Spinning Mills India Private Limited currently have?

    As Per 2023 financial reports, 193 employees are currently employed by Sasi Anand Spinning Mills India Private Limited.

  • What change has been observed in the net worth of Sasi Anand Spinning Mills India Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Sasi Anand Spinning Mills India Private Limited has experienced an upsurge of 16.98%.

  • What are the total open charges for Sasi Anand Spinning Mills India Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Sasi Anand Spinning Mills India Private Limited amount to ₹ 65.18 Cr.

  • When was the last Balance Sheet of Sasi Anand Spinning Mills India Private Limited filed with the ROC?

    The most recent Balance Sheet for Sasi Anand Spinning Mills India Private Limited was filed with the ROC on 31 Mar 2024.

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