Sivasakthiamman Spinning Mills Private Limited

Textile company specializing in polyester yarn manufacturing and factory establishment.

1994 | Erode, Tamil Nadu (India) | Active
Last Updated:

Sivasakthiamman Spinning Mills Profile

Key Indicators

  • Authorised Capital ₹ 6.00 Cr
  • Paid Up Capital ₹ 4.82 Cr
  • Company Age 30 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 2.57 Cr
  • Satisfied Charges ₹ 8.65 Cr
  • Revenue Growth -29.66%
  • Profit Growth -224.25%
  • Ebitda -30.57%
  • Net Worth -37.04%
  • Total Assets -65.50%

About Sivasakthiamman Spinning Mills

Sivasakthiamman Spinning Mills Private Limited (SSMPL) is a Private Limited Indian Non-Government Company incorporated in India on 31 August 1994 and has a history of 30 years and seven 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 2024. It's a company limited by shares with an authorized capital of Rs 6.00 Cr and a paid-up capital of Rs 4.82 Cr.

The company currently has active open charges totaling ₹2.57 Cr. The company has closed loans amounting to ₹8.65 Cr, as per Ministry of Corporate Affairs (MCA) records.

Gunatharan Krithik, Paramakumar, Ravichandran Deepa, and One other member 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

    U17111TZ1994PTC005311

  • Company No.

    005311

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    31 Aug 1994

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Manufacturing
Company report

Sivasakthiamman Spinning Mills Private Limited

Explore comprehensive data for Sivasakthiamman Spinning Mills Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

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

Board Members (4)

NameDesignationAppointment DateStatus
Gunatharan Krithik Country flag representing In Director 01-Apr-2009Current
Paramakumar Country flag representing In Director 18-Aug-2016Current
Ravichandran Deepa Director 03-Jan-2024Current
Sakthivel Sindhu Country flag representing In Director 03-Jan-2024Current

Financial Performance of Sivasakthiamman Spinning Mills.

Sivasakthiamman Spinning Mills Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 29.66% decrease. The company also saw a substantial fall in profitability, with a 224.25% decrease in profit. The company's net worth observed a substantial decline by a decrease of 37.04%.

Sivasakthiamman Spinning Mills revenue growth over time
Sivasakthiamman Spinning Mills 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
-29.66%
Revenue from Operations
-29.66%
Total Assets
-65.50%
Profit or Loss
-224.25%
Net Worth
-37.04%
EBITDA
-30.57%

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

In 2023, Sivasakthiamman 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

₹2.57 Cr

Satisfied Charges

₹8.65 Cr

Charges Breakdown by Lending Institutions

  • Tamilnad Mercantile Bank Ltd : 2.14 Cr
  • Sakthi Finance Limited : 0.41 Cr
  • Sundaram Finance Ltd. : 0.02 Cr

Latest Charge Details

DateLenderAmountStatus
28 Feb 2014Tamilnad Mercantile Bank Ltd₹6.00 MOpen
03 Oct 2011Tamilnad Mercantile Bank Ltd₹1.54 CrOpen
28 Mar 1997Sakthi Finance Limited₹2.58 MOpen
30 Aug 1996Sakthi Finance Limited₹1.50 MOpen
14 Aug 1996Sundaram Finance Ltd.₹0.19 MOpen

How Many Employees Work at Sivasakthiamman Spinning Mills?

Unlock and access historical data on people associated with Sivasakthiamman Spinning Mills, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Sivasakthiamman Spinning Mills Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Sivasakthiamman 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 Sivasakthiamman 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 Sivasakthiamman Spinning Mills

Recent activity within the organization

  • Annual General Meeting

    Sivasakthiamman Spinning Mills Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Sivasakthiamman Spinning Mills Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore.

  • Director Appointment

    Ravichandran Deepa was appointed as a Director was appointed as a Director on 03 Jan 2024 & has been associated with this company since 1 year 3 months .

  • Director Appointment

    Sakthivel Sindhu was appointed as a Director was appointed as a Director on 03 Jan 2024 & has been associated with this company since 1 year 3 months .

  • Charges

    A charge registered on 12 Sep 2014 via Charge ID 10528286 with Tamilnad Mercantile Bank Ltd was fully satisfied on 02 Jul 2022.

  • Charges

    A charge registered on 12 Sep 2014 via Charge ID 10528288 with Tamilnad Mercantile Bank Ltd was fully satisfied on 02 Jul 2022.

Frequently asked questions

  • What is the Incorporation or founding date of Sivasakthiamman Spinning Mills Private Limited?

    Sivasakthiamman Spinning Mills Private Limited was incorporated on 31 Aug 1994.

  • What is authorized share capital and paid-up capital of Sivasakthiamman Spinning Mills Private Limited?

    The authorized share capital of Sivasakthiamman Spinning Mills Private Limited is ₹ 6.00 Cr and paid-up capital is ₹ 4.82 Cr.

  • Who are the current board members & directors of Sivasakthiamman Spinning Mills Private Limited?

    Currently 4 directors are associated with Sivasakthiamman Spinning Mills Private Limited.

    • Gunatharan Sachithanantham Krithik
    • Paramakumar
    • Ravichandran Deepa
    • Sakthivel Sindhu

  • What is the registered address of Sivasakthiamman Spinning Mills Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Sivasakthiamman Spinning Mills Private Limited is 729/1 Vadamuagam Vellode Perundurai Taluka, India, Erode, Tamil Nadu, 638112.

  • What is the corporate identification number (CIN) and company number of Sivasakthiamman Spinning Mills Private Limited?

    The corporate identification number (CIN) of Sivasakthiamman Spinning Mills Private Limited is U17111TZ1994PTC005311 and the company number is 005311 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Sivasakthiamman Spinning Mills Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Sivasakthiamman Spinning Mills Private Limited has fallen by -29.66%.

  • What change has been observed in the net worth of Sivasakthiamman Spinning Mills Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Sivasakthiamman Spinning Mills Private Limited has experienced an downturn of -37.04%.

  • What are the total open charges for Sivasakthiamman Spinning Mills Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Sivasakthiamman Spinning Mills Private Limited amount to ₹ 2.57 Cr.

  • When was the last Balance Sheet of Sivasakthiamman Spinning Mills Private Limited filed with the ROC?

    The most recent Balance Sheet for Sivasakthiamman Spinning Mills Private Limited was filed with the ROC on 31 Mar 2024.

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