Sivalokanathar Spinning Mills Private Limited

Sivalokanathar Spinning Mills Private Limited

Produces yarn through spinning process.
2004 | Erode, Tamil Nadu (India) | Active

Last Updated:

November 16, 2024
HomeCompanySivalokanathar Spinning Mills Private Limited

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

Board Members(3)

NameDesignationAppointment DateStatus
Manickam Balakrishnan In Director 14-Jan-2006Current
Manickam Shanmugam In Director 17-Apr-2006Current
Balakrishnan Veerakumar In Additional Director 18-Oct-2012Current

Financial Performance of Sivalokanathar Spinning Mills.

Sivalokanathar Spinning Mills Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 32.1% increase. The company also saw a substantial improvement in profitability, with a 60.34% increase in profit. The company's net worth Soared by an impressive increase of 11.3%.

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  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
32.10%
Revenue from Operations
30.09%
Total Assets
11.70%
Profit or Loss
60.34%
Net Worth
11.30%
EBITDA
-44.18%

Charges (Loans)

Open Charges

₹9.31 Cr

LenderAmountStatus

Karnataka Bank Ltd.

Creation Date: 03 Jul 2006
₹9.31 CrOpen

How Many Employees Work at Sivalokanathar Spinning Mills?

Sivalokanathar Spinning Mills has a workforce of 132 employees as of Mar 30, 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 Sivalokanathar Spinning Mills

Recent activity within the organization

  • Charges

    A charge with Karnataka Bank Ltd. of Rs. 9.31 Cr registered on 03 Jul 2006 with Charge ID 10018074 was modified on 11 Dec 2023.

    11 Dec 2023

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Sivalokanathar Spinning Mills Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Coimbatore.

    31 Mar 2023

  • Director Appointment

    Balakrishnan Veerakumar was appointed as a Additional Director was appointed as a Additional Director on 18 Oct 2012 & has been associated with this company since 12 years 3 months .

    18 Oct 2012

  • Charges

    A charge with Karnataka Bank Ltd. amounted to Rs. 9.31 Cr with Charge ID 10018074 was registered on 03 Jul 2006.

    03 Jul 2006

  • Director Appointment

    Manickam Shanmugam was appointed as a Director was appointed as a Director on 17 Apr 2006 & has been associated with this company since 18 years 9 months .

    17 Apr 2006

Frequently asked questions

  • Sivalokanathar Spinning Mills Private Limited was incorporated on 17 Jun 2004.

  • The authorized share capital of Sivalokanathar Spinning Mills Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 2.00 Cr.

  • Currently 3 directors are associated with Sivalokanathar Spinning Mills Private Limited.

    • Manickam Balakrishnan
    • Manickam Shanmugam
    • Balakrishnan Veerakumar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sivalokanathar Spinning Mills Private Limited is 199 T C Main Roadvellakovil Erode Dist India, Tamil Nadu, 638111.

  • The corporate identification number (CIN) of Sivalokanathar Spinning Mills Private Limited is U17111TZ2004PTC011185 and the company number is 011185 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Sivalokanathar Spinning Mills Private Limited has risen by 32.10%.

  • As Per 2023 financial reports, 132 employees are currently employed by Sivalokanathar Spinning Mills Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Sivalokanathar Spinning Mills Private Limited has experienced an upsurge of 11.30%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Sivalokanathar Spinning Mills Private Limited amount to ₹ 9.31 Cr.

  • The most recent Balance Sheet for Sivalokanathar Spinning Mills Private Limited was filed with the ROC on 31 Mar 2023.

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