Sowdeswari Amman Spinners Limited
Textile and apparel manufacturing and sales company established in 1987 in Coimbatore, Tamil Nadu.
1987 | Coimbatore, Tamil Nadu (India) | Active
Sowdeswari Amman Spinners Profile
Key Indicators
- Authorised Capital ₹ 6.00 Cr
- Paid Up Capital ₹ 2.86 Cr
- Company Age 37 Year, 11 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 11 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
- 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
Manufacturing
Sowdeswari Amman Spinners Limited
Explore comprehensive data for Sowdeswari Amman Spinners Limited, including financials, compliance details, shareholding patterns, and litigation history.
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
- Ratios
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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)
Open Charges
₹20.92 Cr
Satisfied Charges
₹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
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Alerts
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Latest Updates, News, and FAQs on Sowdeswari Amman Spinners
Recent activity within the organization
- Annual General Meeting
Sowdeswari Amman Spinners Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Charges
A charge with Others amounted to Rs. 6.50 Cr with Charge ID 100816971 was registered on 13 Sep 2023.
- Balance Sheet
Sowdeswari Amman Spinners Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Coimbatore.
- Director Appointment
Vignesh Adithya was appointed as a Director was appointed as a Director on 17 Mar 2022 & has been associated with this company since 3 years 1 month .
- Charges
A charge with Indian Overseas Bank of Rs. 6.40 Cr registered on 19 May 2004 with Charge ID 90004355 was modified on 31 Oct 2020.
- Charges
A charge registered on 11 Nov 1997 via Charge ID 90003193 with State Industries Promotion Corpn. Of Tamil Nadu Limited was fully satisfied on 24 Sep 2019.
Frequently asked questions
What is the Incorporation or founding date of Sowdeswari Amman Spinners Limited?
Sowdeswari Amman Spinners Limited was incorporated on 09 Jun 1987.
What is authorized share capital and paid-up capital of Sowdeswari Amman Spinners Limited?
The authorized share capital of Sowdeswari Amman Spinners Limited is ₹ 6.00 Cr and paid-up capital is ₹ 2.86 Cr.
Who are the current board members & directors of Sowdeswari Amman Spinners Limited?
Currently 3 directors are associated with Sowdeswari Amman Spinners Limited.
- Rangasamychettiar Palanisamy
- Rangasamychettiar Selvaraj
- Vignesh Adithya
What is the registered address of Sowdeswari Amman Spinners Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Sowdeswari Amman Spinners Limited is D.No.69 Raju Naidu Road Tatabad India, Coimbatore South, Tamil Nadu, 641012.
What is the corporate identification number (CIN) and company number of Sowdeswari Amman Spinners Limited?
The corporate identification number (CIN) of Sowdeswari Amman Spinners Limited is U17111TZ1987PLC001980 and the company number is 001980 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Sowdeswari Amman Spinners Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Sowdeswari Amman Spinners Limited has fallen by -0.54%.
How many employees does Sowdeswari Amman Spinners Limited currently have?
As Per 2023 financial reports, 9 employees are currently employed by Sowdeswari Amman Spinners Limited.
What change has been observed in the net worth of Sowdeswari Amman Spinners Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Sowdeswari Amman Spinners Limited has experienced an upsurge of 1.29%.
What are the total open charges for Sowdeswari Amman Spinners Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Sowdeswari Amman Spinners Limited amount to ₹ 20.92 Cr.
When was the last Balance Sheet of Sowdeswari Amman Spinners Limited filed with the ROC?
The most recent Balance Sheet for Sowdeswari Amman Spinners Limited was filed with the ROC on 31 Mar 2023.
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