South India Spinning Mills Private Limited

Specializes in processing natural fibers for spinning.

2015 | Erode, Tamil Nadu (India) | Active
Last Updated:

South India Spinning Mills Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 8.08 Cr
  • Company Age 10 Year, 29 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 31.36 Cr
  • Revenue Growth 47.70%
  • Profit Growth -60.10%
  • Ebitda -26.66%
  • Net Worth 1896.73%
  • Total Assets 1.69%

About South India Spinning Mills

South India Spinning Mills Private Limited (SISMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 30 March 2015 and has a history of Ten years. 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 10.00 Cr and a paid-up capital of Rs 8.08 Cr.

The company currently has active open charges totaling ₹31.36 Cr.

Ramanathan Anitha, Doraisami Gurumoorthy, Doraisami Rajalaxmi, and Three other members 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

    U17100TZ2015PTC021253

  • Company No.

    021253

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    30 Mar 2015

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Manufacturing
Company report

South India Spinning Mills Private Limited

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

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

Executive Team (1)

NameDesignationAppointment DateStatus
Chenniappagounder Duraisamy Country flag representing In Managing Director30-Mar-2015Current

Board Members (5)

NameDesignationAppointment DateStatus
Ramanathan Anitha Country flag representing In Director 07-Nov-2018Current
Doraisami Gurumoorthy Additional Director 24-Dec-2024Current
Doraisami Rajalaxmi Additional Director 24-Dec-2024Current
Asaithambi Kavitha Country flag representing In Director 07-Nov-2018Current
Sengodagounder Asaithambi Country flag representing In Director 07-Nov-2018Current

Financial Performance of South India Spinning Mills.

South India Spinning Mills Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 47.7% increase. The company also saw a substantial fall in profitability, with a 60.1% decrease in profit. The company's net worth Soared by an impressive increase of 1896.73%.

South India Spinning Mills revenue growth over time
South India 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
47.70%
Revenue from Operations
47.69%
Total Assets
1.69%
Profit or Loss
-60.10%
Net Worth
1896.73%
EBITDA
-26.66%

What is the Ownership and Shareholding Structure of South India Spinning Mills?

In 2022, South India Spinning Mills had a promoter holding of 40.03% and a public holding of 59.97%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹31.36 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Canara Bank : 31.36 Cr

Latest Charge Details

DateLenderAmountStatus
25 Jan 2022Canara Bank₹0.60 MOpen
18 Apr 2015Canara Bank₹31.30 CrOpen

How Many Employees Work at South India Spinning Mills?

South India Spinning Mills has a workforce of 60 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.

Employee growth trends for South India Spinning Mills Private Limited

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Director Appointment

    Doraisami Gurumoorthy was appointed as a Additional Director was appointed as a Additional Director on 24 Dec 2024 & has been associated with this company since 4 months 4 days .

  • Director Appointment

    Doraisami Rajalaxmi was appointed as a Additional Director was appointed as a Additional Director on 24 Dec 2024 & has been associated with this company since 4 months 4 days .

  • Annual General Meeting

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

  • Balance Sheet

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

  • Charges

    A charge with Canara Bank amounted to Rs. 0.06 Cr with Charge ID 100539659 was registered on 25 Jan 2022.

  • Charges

    A charge with Canara Bank of Rs. 31.30 Cr registered on 18 Apr 2015 with Charge ID 10572993 was modified on 31 Dec 2019.

Frequently asked questions

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

    South India Spinning Mills Private Limited was incorporated on 30 Mar 2015.

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

    The authorized share capital of South India Spinning Mills Private Limited is ₹ 10.00 Cr and paid-up capital is ₹ 8.08 Cr.

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

    Currently 6 directors are associated with South India Spinning Mills Private Limited.

    • Ramanathan Anitha
    • Doraisami Gurumoorthy
    • Doraisami Rajalaxmi
    • Asaithambi Kavitha
    • Chenniappagounder Duraisamy
    • Sengodagounder Asaithambi
  • What is the registered address of South India Spinning Mills Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of South India Spinning Mills Private Limited is S.F.185 South India Nagar Mettupudur Village, Vijayamangalam, Perundurai, Tamil Nadu, 638056.

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

    The corporate identification number (CIN) of South India Spinning Mills Private Limited is U17100TZ2015PTC021253 and the company number is 021253 as per Ministry of Corporate Affairs (MCA).

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

    According to the financial reports for the fiscal year 2023, the revenue trend for South India Spinning Mills Private Limited has risen by 47.70%.

  • How many employees does South India Spinning Mills Private Limited currently have?

    As Per 2023 financial reports, 60 employees are currently employed by South India Spinning Mills Private Limited.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of South India Spinning Mills Private Limited has experienced an upsurge of 1896.73%.

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

    As per the financial statements for fiscal Year 2023, The total open charges for South India Spinning Mills Private Limited amount to ₹ 31.36 Cr.

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

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

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