Silver Spring Spinners India Profile
Key Indicators
- Authorised Capital ₹ 6.58 Cr
as on 17-07-2024
- Paid Up Capital ₹ 6.58 Cr
as on 17-07-2024
- Company Age 30 Year, 10 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 56.31 Cr
as on 17-07-2024
- Satisfied Charges ₹ 40.47 Cr
as on 17-07-2024
- Revenue -14.22%
(FY 2023)
- Profit -45.10%
(FY 2023)
- Ebitda -30.33%
(FY 2023)
- Net Worth 2.23%
(FY 2023)
- Total Assets -9.92%
(FY 2023)
About Silver Spring Spinners 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 6.58 Cr and a paid-up capital of Rs 6.58 Cr.
The company currently has active open charges totaling ₹56.31 Cr. The company has closed loans amounting to ₹40.47 Cr, as per Ministry of Corporate Affairs (MCA) records.
Rajendran Sridhar, Ramasamy Rajendran, and Sridhar Menaka serve as directors at the Company.
- CIN/LLPIN
U17293TN1994PTC027004
- Company No.
027004
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
10 Mar 1994
- Date of AGM
16 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Company Details
- Location
Srivilliputhur, Tamil Nadu, India
- Telephone
- Email Address
- Website
- Social Media-
What products or services does Silver Spring Spinners India Private Limited offer?
Silver Spring Spinners India Private Limited offers a wide range of products and services, including Yarns & Threads, Yarn, Cotton Yarn.
Who are the key members and board of directors at Silver Spring Spinners India?
Board Members(3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Rajendran Sridhar  | Director | 03-Oct-2002 | Current |
| Ramasamy Rajendran | Director | 01-Apr-2007 | Current |
| Sridhar Menaka | Director | 09-Dec-2014 | Current |
Financial Performance of Silver Spring Spinners India.
Silver Spring Spinners India Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 14.22% decrease. The company also saw a substantial fall in profitability, with a 45.1% decrease in profit. The company's net worth moved up by a moderate rise of 2.23%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Silver Spring Spinners India?
In 2023, Silver Spring Spinners India had a promoter holding of 32.70% and a public holding of 67.30%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Amrit Spices Private LimitedActive 19 years 5 monthsRajendran Sridhar and Sridhar Menaka are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Axis Bank Limited Creation Date: 27 Aug 2021 | ₹23.48 Cr | Open |
Tamilnad Mercantile Bank Limited Creation Date: 03 Jun 2020 | ₹2.75 Cr | Open |
Others Creation Date: 19 May 2020 | ₹1.85 M | Open |
How Many Employees Work at Silver Spring Spinners India?
Silver Spring Spinners India has a workforce of 91 employees as of Apr 04, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Silver Spring Spinners 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 Silver Spring Spinners India's trajectory.
Rating
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
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.
