Shiv Ganes Spinning Mills Private Limited

Trading cotton yarn since 2005, based in Namakkal, Tamil Nadu.

2005 | Namakkal District, Tamil Nadu (India) | Active
Last Updated: November 16, 2024

Shiv Ganes Spinning Mills Profile

Key Indicators

  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 2.57 Cr
  • Company Age 19 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 3.19 Cr
  • Revenue Growth -29.90%
  • Profit Growth -132.81%
  • Ebitda -51.49%
  • Net Worth -7.80%
  • Total Assets -8.02%

About Shiv Ganes Spinning Mills

Shiv Ganes Spinning Mills Private Limited (SGSMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 14 October 2005 and has a history of 19 years and four months. Its registered office is in Namakkal District, Tamil Nadu.

The Company is engaged in the Home & Lifestyle 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 3.00 Cr and a paid-up capital of Rs 2.57 Cr.

The company currently has active open charges totaling ₹3.19 Cr.

Sengodan Shivkumar, Veerappampalayam Sengodan, Annanagar Natesan, and One other member serve as directors at the Company.

Company Details

  • Location Namakkal District, Tamil Nadu
  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17111TZ2005PTC012214

  • Company No.

    012214

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    14 Oct 2005

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Home & Lifestyle

Who are the key members and board of directors at Shiv Ganes Spinning Mills?

Board Members (4)

Name Designation Appointment Date Status
Sengodan Shivkumar Country flag representing In Director 14-Oct-2005 Current
Veerappampalayam Sengodan Country flag representing In Director 14-Oct-2005 Current
Annanagar Natesan Country flag representing In Director 14-Oct-2005 Current
Ramasamy Ganesamoorthi Country flag representing In Director 14-Oct-2005 Current

Financial Performance of Shiv Ganes Spinning Mills.

Shiv Ganes Spinning Mills Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 29.9% decrease. The company also saw a substantial fall in profitability, with a 132.81% decrease in profit. The company's net worth dipped by a decrease of 7.8%.

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
-29.90%
Revenue from Operations
-29.95%
Total Assets
-8.02%
Profit or Loss
-132.81%
Net Worth
-7.80%
EBITDA
-51.49%

What is the Ownership and Shareholding Structure of Shiv Ganes Spinning Mills?

In 2022, Shiv Ganes Spinning Mills 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

₹3.19 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Indnian Overseas Bank : 3.00 Cr
  • Indian Overseas Bank : 0.19 Cr

Latest Charge Details

Date Lender Amount Status
05 Feb 2015 Indnian Overseas Bank ₹3.00 Cr Open
24 Apr 2006 Indian Overseas Bank ₹1.90 M Open

How Many Employees Work at Shiv Ganes Spinning Mills?

Shiv Ganes Spinning Mills has a workforce of 35 employees as of Apr 06, 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 Shiv Ganes Spinning Mills, 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 Shiv Ganes Spinning Mills'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 Shiv Ganes Spinning Mills

Recent activity within the organization

  • Annual General Meeting

    Shiv Ganes Spinning Mills Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Charges

    A charge with Indnian Overseas Bank of Rs. 3.00 Cr registered on 05 Feb 2015 with Charge ID 10556786 was modified on 10 Apr 2024.

    10 Apr 2024

  • Balance Sheet

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

    31 Mar 2024

  • Charges

    A charge with Indnian Overseas Bank amounted to Rs. 3.00 Cr with Charge ID 10556786 was registered on 05 Feb 2015.

    05 Feb 2015

  • Charges

    A charge with Indian Overseas Bank of Rs. 0.19 Cr registered on 24 Apr 2006 with Charge ID 10005068 was modified on 14 Sep 2009.

    14 Sep 2009

  • Charges

    A charge with Indian Overseas Bank amounted to Rs. 0.19 Cr with Charge ID 10005068 was registered on 24 Apr 2006.

    24 Apr 2006

Frequently asked questions

  • Shiv Ganes Spinning Mills Private Limited was incorporated on 14 Oct 2005.

  • The authorized share capital of Shiv Ganes Spinning Mills Private Limited is ₹ 3.00 Cr and paid-up capital is ₹ 2.57 Cr.

  • Currently 4 directors are associated with Shiv Ganes Spinning Mills Private Limited.

    • Sengodan Shivkumar
    • Veerappampalayam Rajagounder Sengodan
    • Annanagar Ramasamigounder Natesan
    • Ramasamy Natesan Ganesamoorthi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Shiv Ganes Spinning Mills Private Limited is 33 Nehru Nagar, Pallipalayam Pin 638 006 Thiruchengodu Taluk India, Namakkal District, Tamil Nadu.

  • The corporate identification number (CIN) of Shiv Ganes Spinning Mills Private Limited is U17111TZ2005PTC012214 and the company number is 012214 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Shiv Ganes Spinning Mills Private Limited has fallen by -29.90%.

  • As Per 2023 financial reports, 35 employees are currently employed by Shiv Ganes Spinning Mills Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Shiv Ganes Spinning Mills Private Limited has experienced an downturn of -7.80%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Shiv Ganes Spinning Mills Private Limited amount to ₹ 3.19 Cr.

  • The most recent Balance Sheet for Shiv Ganes Spinning Mills Private Limited was filed with the ROC on 31 Mar 2024.