Sowdeswari Amman Spinners Profile
Key Indicators
- Authorised Capital ₹ 6.00 Cr
- Paid Up Capital ₹ 2.86 Cr
- Company Age 37 Year, 7 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 20.92 Cr
- Satisfied Charges ₹ 4.52 Cr
- Revenue Growth -0.54%
- Profit Growth 169.89%
- Ebitda 93.79%
- Net Worth 1.29%
- Total Assets 11.30%
About Sowdeswari Amman Spinners
Sowdeswari Amman Spinners Limited (SASL) is a leading Public Limited Indian Non-Government Company incorporated in India on 09 June 1987 and has a history of 37 years and seven months. Its registered office is in Coimbatore, Tamil Nadu, India.
The Corporate was formerly known as Sowdeswari Amman Spinners 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 2023. It's a company limited by shares with an authorized capital of Rs 6.00 Cr and a paid-up capital of Rs 2.86 Cr.
The company currently has active open charges totaling ₹20.92 Cr. The company has closed loans amounting to ₹4.52 Cr, as per Ministry of Corporate Affairs (MCA) records.
Rangasamychettiar Palanisamy, Rangasamychettiar Selvaraj, and Vignesh Adithya serve as directors at the Company.
Company Details
- Location
Coimbatore, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
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- Social Media-
Corporate Identity Details
- CIN/LLPIN
U17111TZ1987PLC001980
- Company No.
001980
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
09 Jun 1987
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Coimbatore
Industry
Who are the key members and board of directors at Sowdeswari Amman Spinners?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Rangasamychettiar Palanisamy  | Managing Director | 21-Jun-1987 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Rangasamychettiar Selvaraj | Director | 21-Jun-1987 | Current |
| Vignesh Adithya | Director | 17-Mar-2022 | Current |
Financial Performance of Sowdeswari Amman Spinners.
Sowdeswari Amman Spinners Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 0.54% decrease. The company also saw a substantial improvement in profitability, with a 169.89% increase in profit. The company's net worth moved up by a moderate rise of 1.29%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Sowdeswari Amman Spinners?
In 2023, Sowdeswari Amman Spinners had a promoter holding of 40.42% and a public holding of 59.58%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Charges (Loans)
₹20.92 Cr
₹4.52 Cr
Charges Breakdown by Lending Institutions
- Indian Overseas Bank : 14.28 Cr
- Others : 6.50 Cr
- Lloyois Finance Ltd : 0.14 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 13 Sep 2023 | Others | ₹6.50 Cr | Open |
| 07 Jun 2004 | Indian Overseas Bank | ₹3.94 Cr | Open |
| 19 May 2004 | Indian Overseas Bank | ₹6.40 Cr | Open |
| 07 Jun 2001 | Indian Overseas Bank | ₹3.94 Cr | Open |
| 03 Apr 1995 | Lloyois Finance Ltd | ₹1.35 M | Open |
How Many Employees Work at Sowdeswari Amman Spinners?
Sowdeswari Amman Spinners has a workforce of 9 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Sowdeswari Amman Spinners, 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 Sowdeswari Amman Spinners'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.
