Southern Cotspinners Coimbatore Private Limited

Manufacturer of high-quality cotton yarn in Coimbatore, Tamil Nadu with increasing capacity.

2004 | Coimbatore, Tamil Nadu (India) | Active
Last Updated: July 18, 2024

Southern Cotspinners Coimbatore Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 4.79 Cr
  • Company Age 20 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 22.88 Cr
  • Satisfied Charges ₹ 20.93 Cr
  • Revenue Growth 8.56%
  • Profit Growth -78.29%
  • Ebitda -64.15%
  • Net Worth -1.91%
  • Total Assets 9.10%

About Southern Cotspinners Coimbatore

Southern Cotspinners Coimbatore Private Limited (SCCPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 04 June 2004 and has a history of 20 years and eight months. Its registered office is in Coimbatore, 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 5.00 Cr and a paid-up capital of Rs 4.79 Cr.

The company currently has active open charges totaling ₹22.88 Cr. The company has closed loans amounting to ₹20.93 Cr, as per Ministry of Corporate Affairs (MCA) records.

Devarajan Vasnthamani, Devarajan Anand, and Venkatesannaidu Devarajan serve as directors at the Company.

Company Details

  • Location

    Coimbatore, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17111TZ2004PTC011172

  • Company No.

    011172

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    04 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 Southern Cotspinners Coimbatore?

Executive Team (1)

Name Designation Appointment Date Status
Venkatesannaidu Devarajan Country flag representing In Managing Director 04-Jun-2004 Current

Board Members (2)

Name Designation Appointment Date Status
Devarajan Vasnthamani Country flag representing In Director 03-Dec-2007 Current
Devarajan Anand Country flag representing In Director 04-Jun-2004 Current

Financial Performance of Southern Cotspinners Coimbatore.

Southern Cotspinners Coimbatore Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 8.56% increase. The company also saw a substantial fall in profitability, with a 78.29% decrease in profit. The company's net worth dipped by a decrease of 1.91%.

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
8.56%
Revenue from Operations
8.48%
Total Assets
9.10%
Profit or Loss
-78.29%
Net Worth
-1.91%
EBITDA
-64.15%

What is the Ownership and Shareholding Structure of Southern Cotspinners Coimbatore?

In 2023, Southern Cotspinners Coimbatore 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

₹22.88 Cr

Satisfied Charges

₹20.93 Cr

Charges Breakdown by Lending Institutions

  • Others : 22.88 Cr

Latest Charge Details

Date Lender Amount Status
16 Jun 2015 Others ₹22.88 Cr Open
12 Feb 2021 Others ₹5.00 M Satisfied
15 Dec 2005 The Catholic Syrian Bank Ltd ₹18.13 Cr Satisfied
12 Aug 2004 Indian Overseas Bank ₹2.30 Cr Satisfied

How Many Employees Work at Southern Cotspinners Coimbatore?

Southern Cotspinners Coimbatore has a workforce of 577 employees as of Apr 05, 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 Southern Cotspinners Coimbatore, 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 Southern Cotspinners Coimbatore'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 Southern Cotspinners Coimbatore

Recent activity within the organization

  • Charges

    A charge registered on 12 Feb 2021 via Charge ID 100433843 with Others was fully satisfied on 16 Feb 2024.

    16 Feb 2024

  • Annual General Meeting

    Southern Cotspinners Coimbatore Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge with Others of Rs. 22.88 Cr registered on 16 Jun 2015 with Charge ID 10598234 was modified on 28 Aug 2023.

    28 Aug 2023

  • Balance Sheet

    Southern Cotspinners Coimbatore 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 Others amounted to Rs. 0.50 Cr with Charge ID 100433843 was registered on 12 Feb 2021.

    12 Feb 2021

  • Charges

    A charge registered on 15 Dec 2005 via Charge ID 80003924 with The Catholic Syrian Bank Ltd was fully satisfied on 07 Jul 2015.

    07 Jul 2015

Frequently asked questions

  • Southern Cotspinners Coimbatore Private Limited was incorporated on 04 Jun 2004.

  • The authorized share capital of Southern Cotspinners Coimbatore Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 4.79 Cr.

  • Currently 3 directors are associated with Southern Cotspinners Coimbatore Private Limited.

    • Devarajan Vasnthamani
    • Devarajan Anand
    • Venkatesannaidu Devarajan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Southern Cotspinners Coimbatore Private Limited is 27/9Athirunagar Singanallur, Coimbatore, Tamil Nadu, India, 641005.

  • The corporate identification number (CIN) of Southern Cotspinners Coimbatore Private Limited is U17111TZ2004PTC011172 and the company number is 011172 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Southern Cotspinners Coimbatore Private Limited has risen by 8.56%.

  • As Per 2023 financial reports, 577 employees are currently employed by Southern Cotspinners Coimbatore Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Southern Cotspinners Coimbatore Private Limited has experienced an downturn of -1.91%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Southern Cotspinners Coimbatore Private Limited amount to ₹ 22.88 Cr.

  • The most recent Balance Sheet for Southern Cotspinners Coimbatore Private Limited was filed with the ROC on 31 Mar 2023.

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