Sel Spin Private Limited

Textile manufacturing and trading company specializing in wool, cotton, silk, and synthetic fibers.

1990 | Coimbatore, Tamil Nadu (India) | Active
Last Updated: December 31, 2024

Sel Spin Profile

Key Indicators

  • Authorised Capital ₹ 1.35 Cr
  • Paid Up Capital ₹ 1.35 Cr
  • Company Age 34 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 2.63 Cr
  • Revenue Growth -40.94%
  • Profit Growth -220.76%
  • Ebitda 43.39%
  • Net Worth -15.82%
  • Total Assets -13.14%

About Sel Spin

Sel Spin Private Limited (SSPL) is a Private Limited Indian Non-Government Company incorporated in India on 12 April 1990 and has a history of 34 years and ten months. Its registered office is in Coimbatore, Tamil Nadu.

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 1.35 Cr and a paid-up capital of Rs 1.35 Cr.

The company currently has active open charges totaling ₹2.63 Cr.

Rathinasamy Giri and Giri Geetha serve as directors at the Company.

Company Details

  • Location Coimbatore, Tamil Nadu
  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17111TZ1990PTC002681

  • Company No.

    002681

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    12 Apr 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 Sel Spin?

Executive Team (1)

NameDesignationAppointment DateStatus
Rathinasamy Giri Country flag representing In Managing Director12-Apr-1990Current

Board Members (1)

NameDesignationAppointment DateStatus
Giri Geetha Country flag representing In Director 12-Apr-1990Current

Financial Performance of Sel Spin.

Sel Spin Private Limited, for the financial year ended 2017, experienced significant reduction in revenue, with a 40.94% decrease. The company also saw a substantial fall in profitability, with a 220.76% decrease in profit. The company's net worth observed a substantial decline by a decrease of 15.82%.

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
-40.94%
Revenue from Operations
Total Assets
-13.14%
Profit or Loss
-220.76%
Net Worth
-15.82%
EBITDA
43.39%

What is the Ownership and Shareholding Structure of Sel Spin?

In 2017, Sel Spin had a promoter holding of 75.33% and a public holding of 24.67%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹2.63 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • State Bank Of Travancore : 1.38 Cr
  • State Bank Of India : 1.00 Cr
  • Union Bank Of India : 0.25 Cr

Latest Charge Details

DateLenderAmountStatus
01 Dec 2004State Bank Of Travancore₹1.38 CrOpen
31 Jan 2001State Bank Of India₹1.00 CrOpen
23 Jan 1998Union Bank Of India₹2.50 MOpen

How Many Employees Work at Sel Spin?

Unlock and access historical data on people associated with Sel Spin, 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 Sel Spin, 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 Sel Spin'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 Sel Spin

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Sel Spin 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 of Rs. 1.00 Cr registered on 31 Jan 2001 with Charge ID 90003694 was modified on 08 Sep 2010.

    08 Sep 2010

  • Charges

    A charge with State Bank Of Travancore amounted to Rs. 1.38 Cr with Charge ID 90004510 was registered on 01 Dec 2004.

    01 Dec 2004

  • Charges

    A charge with State Bank Of India amounted to Rs. 1.00 Cr with Charge ID 90003694 was registered on 31 Jan 2001.

    31 Jan 2001

  • Charges

    A charge with Union Bank Of India amounted to Rs. 0.25 Cr with Charge ID 90003219 was registered on 23 Jan 1998.

    23 Jan 1998

Frequently asked questions

  • Sel Spin Private Limited was incorporated on 12 Apr 1990.

  • The authorized share capital of Sel Spin Private Limited is ₹ 1.35 Cr and paid-up capital is ₹ 1.35 Cr.

  • Currently 2 directors are associated with Sel Spin Private Limited.

    • Rathinasamy Giri
    • Giri Geetha
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sel Spin Private Limited is Ellapalayam P Oannur Annur India, Coimbatore, Tamil Nadu, 638697.

  • The corporate identification number (CIN) of Sel Spin Private Limited is U17111TZ1990PTC002681 and the company number is 002681 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2017, the revenue trend for Sel Spin Private Limited has fallen by -40.94%.

  • The financial reports for the fiscal year 2017 indicates that The net worth of Sel Spin Private Limited has experienced an downturn of -15.82%.

  • As per the financial statements for fiscal Year 2017, The total open charges for Sel Spin Private Limited amount to ₹ 2.63 Cr.

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