Sivaraj Spinning Mills Private Limited

Textile company with 31,872 spindles producing cotton yarn and exporting to 60 countries.

1982 | Coimbatore, Tamil Nadu (India) | Active
Last Updated: November 16, 2024

Sivaraj Spinning Mills Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 1.90 Cr
  • Company Age 42 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 662.94 Cr
  • Satisfied Charges ₹ 336.40 Cr
  • Revenue Growth -12.87%
  • Profit Growth -102.84%
  • Ebitda -48.18%
  • Net Worth -0.65%
  • Total Assets 11.65%

About Sivaraj Spinning Mills

Sivaraj Spinning Mills Private Limited (SSMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 01 July 1982 and has a history of 42 years and seven months. Its registered office is in Coimbatore, Tamil Nadu, India.

The Corporate was formerly known as Sivaraj Spinning Mills Limited. 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 1.90 Cr.

The company currently has active open charges totaling ₹662.94 Cr. The company has closed loans amounting to ₹336.40 Cr, as per Ministry of Corporate Affairs (MCA) records.

Kandaswamy Sivaraj and Sivaraj Gowthami serve as directors at the Company.

Company Details

  • Location

    Coimbatore, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    sivaraj.co.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17111TZ1982PTC001195

  • Company No.

    001195

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    01 Jul 1982

  • Date of AGM

    29 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 Sivaraj Spinning Mills?

Executive Team (2)

NameDesignationAppointment DateStatus
Kandaswamy Sivaraj Country flag representing In Managing Director06-Sep-2000Current
Sivaraj Gowthami Country flag representing In Managing Director01-Jun-2022Current

Board Members

People

No Directors or KMP associated with company. Upon reviewing the records, we can confirm that there are no Directors or Key Management Personnel (KMP) associated with this company at present.

Financial Performance of Sivaraj Spinning Mills.

Sivaraj Spinning Mills Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 12.87% decrease. The company also saw a substantial fall in profitability, with a 102.84% decrease in profit. The company's net worth dipped by a decrease of 0.65%.

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
-12.87%
Revenue from Operations
-12.98%
Total Assets
11.65%
Profit or Loss
-102.84%
Net Worth
-0.65%
EBITDA
-48.18%

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

In 2023, Sivaraj 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

₹662.94 Cr

Satisfied Charges

₹336.40 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 243.10 Cr
  • State Bank Of India : 179.84 Cr
  • Others : 120.00 Cr
  • Hdfc Bank Limited : 120.00 Cr

Latest Charge Details

DateLenderAmountStatus
19 Apr 2023Hdfc Bank Limited₹120.00 CrOpen
21 Sep 2022Others₹120.00 CrOpen
23 Jun 2022Axis Bank Limited₹243.00 CrOpen
19 Aug 2021Axis Bank Limited₹1.00 MOpen
09 Mar 2015State Bank Of India₹174.84 CrOpen

How Many Employees Work at Sivaraj Spinning Mills?

Sivaraj Spinning Mills has a workforce of 5211 employees as of Apr 08, 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 Sivaraj 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 Sivaraj 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 Sivaraj Spinning Mills

Recent activity within the organization

  • Charges

    A charge with Axis Bank Limited of Rs. 243.00 Cr registered on 23 Jun 2022 with Charge ID 100601495 was modified on 01 Jun 2024.

    01 Jun 2024

  • Charges

    A charge with Hdfc Bank Limited of Rs. 120.00 Cr registered on 19 Apr 2023 with Charge ID 100735602 was modified on 16 Feb 2024.

    16 Feb 2024

  • Annual General Meeting

    Sivaraj Spinning Mills Private Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

    29 Sep 2023

  • Charges

    A charge with Others of Rs. 120.00 Cr registered on 21 Sep 2022 with Charge ID 100609421 was modified on 21 Jul 2023.

    21 Jul 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 120.00 Cr with Charge ID 100735602 was registered on 19 Apr 2023.

    19 Apr 2023

  • Balance Sheet

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

    31 Mar 2023

Frequently asked questions

  • Sivaraj Spinning Mills Private Limited was incorporated on 01 Jul 1982.

  • The authorized share capital of Sivaraj Spinning Mills Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 1.90 Cr.

  • Currently 2 directors are associated with Sivaraj Spinning Mills Private Limited.

    • Kandaswamy Sivaraj
    • Sivaraj Gowthami
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sivaraj Spinning Mills Private Limited is 207 Mangalam Roadtirupur Tamilnadu India, Coimbatore Dist, Tamil Nadu, 641604.

  • The corporate identification number (CIN) of Sivaraj Spinning Mills Private Limited is U17111TZ1982PTC001195 and the company number is 001195 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Sivaraj Spinning Mills Private Limited is https://www.sivaraj.co.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Sivaraj Spinning Mills Private Limited has fallen by -12.87%.

  • As Per 2023 financial reports, 5211 employees are currently employed by Sivaraj Spinning Mills Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Sivaraj Spinning Mills Private Limited has experienced an downturn of -0.65%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Sivaraj Spinning Mills Private Limited amount to ₹ 662.94 Cr.

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

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