Sathya Shyam Spinners Private Limited

Textile manufacturing and finishing company specializing in cotton, flax, hemp, jute, and wool products.

1992 | Coimbatore, Tamil Nadu (India) | Active
Last Updated: October 24, 2024

Sathya Shyam Spinners Profile

Key Indicators

  • Authorised Capital ₹ 6.50 M
  • Paid Up Capital ₹ 6.42 M
  • Company Age 32 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 3.54 Cr
  • Revenue Growth 7.76%
  • Profit Growth -32.79%
  • Ebitda
  • Net Worth 9.72%
  • Total Assets 16.12%

About Sathya Shyam Spinners

Sathya Shyam Spinners Private Limited (SSSPL) is a Private Limited Indian Non-Government Company incorporated in India on 18 June 1992 and has a history of 32 years and seven 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 6.50 M and a paid-up capital of Rs 6.42 M.

The company currently has active open charges totaling ₹3.54 Cr.

Shanmugham Shyamsunder, Poomalaipillai Shanmugam, and Shanmugam Thilagavathy 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

    U17111TZ1992PTC003788

  • Company No.

    003788

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    18 Jun 1992

  • 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 Sathya Shyam Spinners?

Board Members (3)

Name Designation Appointment Date Status
Shanmugham Shyamsunder Country flag representing In Director 18-Jun-1992 Current
Poomalaipillai Shanmugam Country flag representing In Director 18-Jun-1992 Current
Shanmugam Thilagavathy Country flag representing In Director 18-Oct-1992 Current

Financial Performance of Sathya Shyam Spinners.

Sathya Shyam Spinners Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 7.76% increase. The company also saw a substantial fall in profitability, with a 32.79% decrease in profit. The company's net worth moved up by a moderate rise of 9.72%.

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
7.76%
Revenue from Operations
7.76%
Total Assets
16.12%
Profit or Loss
-32.79%
Net Worth
9.72%
EBITDA

What is the Ownership and Shareholding Structure of Sathya Shyam Spinners?

In 2023, Sathya Shyam Spinners had a promoter holding of 38.47% and a public holding of 61.53%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹35.40 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • State Bank Of India : 3.54 Cr

Latest Charge Details

Date Lender Amount Status
08 Jun 2020 State Bank Of India ₹1.72 Cr Open
24 Mar 2015 State Bank Of India ₹9.00 M Open
24 Nov 1993 State Bank Of India ₹9.20 M Open

How Many Employees Work at Sathya Shyam Spinners?

Sathya Shyam Spinners has a workforce of 11 employees as of Apr 05, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Sathya Shyam 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 Sathya Shyam 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 Sathya Shyam Spinners

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Charges

    A charge with State Bank Of India of Rs. 17.20 M registered on 08 Jun 2020 with Charge ID 100347365 was modified on 03 Aug 2023.

    03 Aug 2023

  • Balance Sheet

    Sathya Shyam 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 State Bank Of India amounted to Rs. 17.20 M with Charge ID 100347365 was registered on 08 Jun 2020.

    08 Jun 2020

  • Charges

    A charge with State Bank Of India amounted to Rs. 9.00 M with Charge ID 10574232 was registered on 24 Mar 2015.

    24 Mar 2015

  • Charges

    A charge with State Bank Of India of Rs. 9.20 M registered on 24 Nov 1993 with Charge ID 90002583 was modified on 10 Nov 2011.

    10 Nov 2011

Frequently asked questions

  • Sathya Shyam Spinners Private Limited was incorporated on 18 Jun 1992.

  • The authorized share capital of Sathya Shyam Spinners Private Limited is ₹ 6.50 M and paid-up capital is ₹ 6.42 M.

  • Currently 3 directors are associated with Sathya Shyam Spinners Private Limited.

    • Shanmugham Shyamsunder
    • Poomalaipillai Shanmugam
    • Shanmugam Thilagavathy
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sathya Shyam Spinners Private Limited is 161Pollachi Road Pollachi India, Coimbatore, Tamil Nadu, 641021.

  • The corporate identification number (CIN) of Sathya Shyam Spinners Private Limited is U17111TZ1992PTC003788 and the company number is 003788 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Sathya Shyam Spinners Private Limited has risen by 7.76%.

  • As Per 2023 financial reports, 11 employees are currently employed by Sathya Shyam Spinners Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Sathya Shyam Spinners Private Limited has experienced an upsurge of 9.72%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Sathya Shyam Spinners Private Limited amount to ₹ 3.54 Cr.

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