Southern Spinners And Processors Profile
Key Indicators
- Authorised Capital ₹ 5.05 Cr
- Paid Up Capital ₹ 5.05 Cr
- Company Age 19 Year, 7 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 14.00 Cr
- Revenue Growth -11.49%
- Profit Growth -33.99%
- Ebitda -68.05%
- Net Worth 3.31%
- Total Assets -5.85%
About Southern Spinners And Processors
Southern Spinners And Processors Limited (SSAPL) is a leading Public Limited Indian Non-Government Company incorporated in India on 09 June 2005 and has a history of 19 years and seven months. Its registered office is in Madurai, Tamil Nadu, India.
The Corporate was formerly known as Southern Spinners And Processors Private 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 2024. It's a company limited by shares with an authorized capital of Rs 5.05 Cr and a paid-up capital of Rs 5.05 Cr.
The company currently has active open charges totaling ₹14.00 Cr.
Pawan Rustagi, Nagaraju Srirama, and Vidya Shukla serve as directors at the Company.
Company Details
- Location
Madurai, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
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- Social Media-
Corporate Identity Details
- CIN/LLPIN
U17111TN2005PLC056558
- Company No.
056558
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
09 Jun 2005
- Date of AGM
12 Aug 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Who are the key members and board of directors at Southern Spinners And Processors?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Pawan Rustagi  | Director | 01-Aug-2006 | Current |
| Nagaraju Srirama | Director | 06-May-2013 | Current |
| Vidya Shukla | Director | 24-Oct-2019 | Current |
Financial Performance of Southern Spinners And Processors.
Southern Spinners And Processors Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 11.49% decrease. The company also saw a substantial fall in profitability, with a 33.99% decrease in profit. The company's net worth moved up by a moderate rise of 3.31%.
- Key Matrics
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What is the Ownership and Shareholding Structure of Southern Spinners And Processors?
In 2023, Southern Spinners And Processors had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
J.K. Fenner (India) LimitedNagaraju Srirama is a mutual person
The Sirpur Paper Mills LtdNagaraju Srirama is a mutual person
Terrestrial Finance Ltd.Pawan Rustagi is a mutual person
- Clinirx Research Private Limited
Pawan Rustagi is a mutual person
- Modern Cotton Yarn Spinners Limited
Nagaraju Srirama and Vidya Shukla are mutual person
- Jkf Evolve Limited
Nagaraju Srirama is a mutual person
Charges (Loans)
₹14.00 Cr
₹0
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 7.00 Cr
- Canara Bank : 7.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 21 Dec 2021 | Hdfc Bank Limited | ₹7.00 Cr | Open |
| 29 Oct 2007 | Canara Bank | ₹7.00 Cr | Open |
How Many Employees Work at Southern Spinners And Processors?
Southern Spinners And Processors has a workforce of 81 employees as of Apr 07, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Southern Spinners And Processors, 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 Spinners And Processors's trajectory.
Rating
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
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.
