Southern Spinners And Processors Limited

Manufactures and trades polymer products, also involved in cotton spinning.

2005 | Madurai, Tamil Nadu (India) | Active
Last Updated:

Southern Spinners And Processors Profile

Key Indicators

  • Authorised Capital ₹ 5.05 Cr
  • Paid Up Capital ₹ 5.05 Cr
  • Company Age 19 Year, 8 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 eight 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

    -

  • 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

Manufacturing

Who are the key members and board of directors at Southern Spinners And Processors?

Board Members (3)

NameDesignationAppointment DateStatus
Pawan Rustagi Country flag representing In Director 01-Aug-2006Current
Nagaraju Srirama Country flag representing In Director 06-May-2013Current
Vidya Shukla Country flag representing In Director 24-Oct-2019Current

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%.

Southern Spinners And Processors revenue growth over time
Southern Spinners And Processors 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
-11.49%
Revenue from Operations
-11.20%
Total Assets
-5.85%
Profit or Loss
-33.99%
Net Worth
3.31%
EBITDA
-68.05%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹14.00 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 7.00 Cr
  • Canara Bank : 7.00 Cr

Latest Charge Details

DateLenderAmountStatus
21 Dec 2021Hdfc Bank Limited₹7.00 CrOpen
29 Oct 2007Canara Bank₹7.00 CrOpen

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.

Employee growth trends for Southern Spinners And Processors Limited

Deals i

Graph showing company valuation over time

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

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 Spinners And Processors

Recent activity within the organization

  • Annual General Meeting

    Southern Spinners And Processors Limited last Annual general meeting of members was held on 12 Aug 2024 as per latest MCA records.

  • Balance Sheet

    Southern Spinners And Processors Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

  • Charges

    A charge with Canara Bank of Rs. 7.00 Cr registered on 29 Oct 2007 with Charge ID 10078626 was modified on 28 Nov 2023.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 7.00 Cr registered on 21 Dec 2021 with Charge ID 100518517 was modified on 18 Jul 2022.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 7.00 Cr with Charge ID 100518517 was registered on 21 Dec 2021.

  • Director Appointment

    Vidya Charan Shukla was appointed as a Director was appointed as a Director on 24 Oct 2019 & has been associated with this company since 5 years 4 months .

Frequently asked questions

  • What is the Incorporation or founding date of Southern Spinners And Processors Limited?

    Southern Spinners And Processors Limited was incorporated on 09 Jun 2005.

  • What is authorized share capital and paid-up capital of Southern Spinners And Processors Limited?

    The authorized share capital of Southern Spinners And Processors Limited is ₹ 5.05 Cr and paid-up capital is ₹ 5.05 Cr.

  • Who are the current board members & directors of Southern Spinners And Processors Limited?

    Currently 3 directors are associated with Southern Spinners And Processors Limited.

    • Pawan Kumar Rustagi
    • Nagaraju Srirama
    • Vidya Charan Shukla

  • What is the registered address of Southern Spinners And Processors Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Southern Spinners And Processors Limited is 3, -Melakkal Road India, Madurai, Tamil Nadu, 625016.

  • What is the corporate identification number (CIN) and company number of Southern Spinners And Processors Limited?

    The corporate identification number (CIN) of Southern Spinners And Processors Limited is U17111TN2005PLC056558 and the company number is 056558 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Southern Spinners And Processors Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Southern Spinners And Processors Limited has fallen by -11.49%.

  • How many employees does Southern Spinners And Processors Limited currently have?

    As Per 2023 financial reports, 81 employees are currently employed by Southern Spinners And Processors Limited.

  • What change has been observed in the net worth of Southern Spinners And Processors Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Southern Spinners And Processors Limited has experienced an upsurge of 3.31%.

  • What are the total open charges for Southern Spinners And Processors Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Southern Spinners And Processors Limited amount to ₹ 14.00 Cr.

  • When was the last Balance Sheet of Southern Spinners And Processors Limited filed with the ROC?

    The most recent Balance Sheet for Southern Spinners And Processors Limited was filed with the ROC on 31 Mar 2024.

People also Viewed

Similar Companies Based on Textile & Fabric Production