Silver Spring Spinners India Private Limited

Silver Spring Spinners India Private Limited

Manufacturer of cotton yarn and fire resistant fabrics, also trades synthetic yarn under 'Silver Spring' brand.
1994 | Srivilliputhur, Tamil Nadu (India) | Active

Last Updated:

July 17, 2024
HomeCompanySilver Spring Spinners India Private Limited

Who are the key members and board of directors at Silver Spring Spinners India?

Board Members(3)

Financial Performance and Corporate Structure Insights 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%.

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  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
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Metric
FY 2023YOY Growth
FY 2022FY 2021FY 2020FY 2019
Total Revenue
-14.22%
Revenue from Operations
-15.54%
Total Assets
-9.92%
Profit or Loss
-45.10%
Net Worth
2.23%
EBITDA
-30.33%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges Satisfied Charges

₹56.31 Cr

₹40.47 Cr

LenderAmountStatus

Axis Bank Limited

Creation Date: 27 Aug 2021
₹23.48 CrOpen

Tamilnad Mercantile Bank Limited

Creation Date: 03 Jun 2020
₹2.75 CrOpen

Others

Creation Date: 19 May 2020
₹1.85 MOpen

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.

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Latest Updates, News, and FAQs on Silver Spring Spinners India

Recent activity within the organization

  • Annual General Meeting

    Silver Spring Spinners India Private Limited last Annual general meeting of members was held on 16 Sep 2023 as per latest MCA records.

    16 Sep 2023

  • Balance Sheet

    Silver Spring Spinners India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • Charges

    A charge with Axis Bank Limited of Rs. 23.48 Cr registered on 27 Aug 2021 with Charge ID 100481734 was modified on 02 Mar 2022.

    02 Mar 2022

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 23.48 Cr with Charge ID 100481734 was registered on 27 Aug 2021.

    27 Aug 2021

  • Charges

    A charge with Tamilnad Mercantile Bank Limited amounted to Rs. 2.75 Cr with Charge ID 100352036 was registered on 03 Jun 2020.

    03 Jun 2020

  • Charges

    A charge with Others amounted to Rs. 0.19 Cr with Charge ID 100339364 was registered on 19 May 2020.

    19 May 2020

Frequently asked questions

  • Silver Spring Spinners India Private Limited was incorporated 30 years 6 months ago on 10 Mar 1994 with Registrar of Companies Roc Chennai.

  • The authorized share capital of Silver Spring Spinners India Private Limited is ₹ 6.58 Cr and paid-up capital is ₹ 6.58 Cr.

  • Currently 3 directors are associated with Silver Spring Spinners India Private Limited.

    • Rajendran Sridhar
    • Ramasamy Rajendran
    • Sridhar Menaka
  • As per Ministry of Corporate Affairs (Mca), the registered address of Silver Spring Spinners India Private Limited is 136& 137Mulikulam Village, Srivilliputhur, Tamil Nadu, India, 626141.

  • The corporate identification number (CIN) of Silver Spring Spinners India Private Limited is U17293TN1994PTC027004 and the company number is 027004 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Silver Spring Spinners India Private Limited is https://www.silverspring.org.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Silver Spring Spinners India Private Limited has fallen by -14.22%.

  • As Per 2023 financial reports, 91 employees are currently employed by Silver Spring Spinners India Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Silver Spring Spinners India Private Limited has experienced an upsurge of 2.23%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Silver Spring Spinners India Private Limited amount to ₹ 56.31 Cr.

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

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