Sivalokanathar Spinning Mills Private Limited

Produces yarn through spinning process.

2004 | Erode, Tamil Nadu (India) | Active
Last Updated: November 16, 2024

Sivalokanathar Spinning Mills Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 2.00 Cr
  • Company Age 20 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 9.31 Cr
  • Revenue Growth 32.10%
  • Profit Growth 60.34%
  • Ebitda -44.18%
  • Net Worth 11.30%
  • Total Assets 11.70%

About Sivalokanathar Spinning Mills

Sivalokanathar Spinning Mills Private Limited (SSMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 17 June 2004 and has a history of 20 years and eight months. Its registered office is in Erode, Tamil Nadu, 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 2.00 Cr and a paid-up capital of Rs 2.00 Cr.

The company currently has active open charges totaling ₹9.31 Cr.

Manickam Balakrishnan, Manickam Shanmugam, and Balakrishnan Veerakumar serve as directors at the Company.

Company Details

  • Location

    Erode, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17111TZ2004PTC011185

  • Company No.

    011185

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    17 Jun 2004

  • 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 Sivalokanathar Spinning Mills?

Board Members (3)

NameDesignationAppointment DateStatus
Manickam Balakrishnan Country flag representing In Director 14-Jan-2006Current
Manickam Shanmugam Country flag representing In Director 17-Apr-2006Current
Balakrishnan Veerakumar Country flag representing 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%.

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
32.10%
Revenue from Operations
30.09%
Total Assets
11.70%
Profit or Loss
60.34%
Net Worth
11.30%
EBITDA
-44.18%

What is the Ownership and Shareholding Structure of Sivalokanathar Spinning Mills?

In 2022, Sivalokanathar 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

₹9.31 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Karnataka Bank Ltd. : 9.31 Cr

Latest Charge Details

DateLenderAmountStatus
03 Jul 2006Karnataka Bank Ltd.₹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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Sivalokanathar 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 Sivalokanathar 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 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 4 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 10 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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