South India Spinning Mills Private Limited

Specializes in processing natural fibers for spinning.

2015 | Perundurai, Tamil Nadu (India) | Active
Last Updated: June 15, 2024

South India Spinning Mills Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 8.08 Cr
  • Company Age 9 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • 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 Private Limited Indian Non-Government Company incorporated in India on 30 March 2015 (Nine years and ten months 7 days old ). Its registered office is in Perundurai, 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 10.00 Cr and a paid-up capital of Rs 8.08 Cr.

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

Asaithambi Kavitha, Ramanathan Anitha, Sengodagounder Asaithambi, and One other member serve as directors at the Company.

Company Details

  • Location

    Perundurai, 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 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 South India Spinning Mills?

Executive Team (1)

Name Designation Appointment Date Status
Chenniappagounder Duraisamy Country flag representing In Managing Director 30-Mar-2015 Current

Board Members (3)

Name Designation Appointment Date Status
Asaithambi Kavitha Country flag representing In Director 07-Nov-2018 Current
Ramanathan Anitha Country flag representing In Director 07-Nov-2018 Current
Sengodagounder Asaithambi Country flag representing In Director 07-Nov-2018 Current

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%.

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
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

Date Lender Amount Status
25 Jan 2022 Canara Bank ₹0.60 M Open
18 Apr 2015 Canara Bank ₹31.30 Cr Open

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.

Graph showing employee growth trends

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

  • Annual General Meeting

    South India 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

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

    31 Mar 2023

  • Charges

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

    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.

    31 Dec 2019

  • Director Appointment

    Asaithambi Kavitha was appointed as a Director was appointed as a Director on 07 Nov 2018 & has been associated with this company since 6 years 2 months .

    07 Nov 2018

  • Director Appointment

    Ramanathan Anitha was appointed as a Director was appointed as a Director on 07 Nov 2018 & has been associated with this company since 6 years 2 months .

    07 Nov 2018

Frequently asked questions

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

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

  • Currently 4 directors are associated with South India Spinning Mills Private Limited.

    • Asaithambi Kavitha
    • Ramanathan Anitha
    • Sengodagounder Asaithambi
    • Chenniappagounder Duraisamy
  • 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.

  • 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).

  • 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%.

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

  • 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%.

  • 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.

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

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