Speedline Spinners India Private Limited

Manufactures and trades cotton yarn and other natural/synthetic fibers, established in 2004.

2004 | Coimbatore, Tamil Nadu (India) | Active
Last Updated: November 15, 2024

Speedline Spinners India Profile

Key Indicators

  • Authorised Capital ₹ 1.50 Cr
  • Paid Up Capital ₹ 1.50 Cr
  • Company Age 20 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 40.69 Cr
  • Satisfied Charges ₹ 5.35 Cr
  • Revenue Growth 1.68%
  • Profit Growth -87.63%
  • Ebitda -64.50%
  • Net Worth 4.31%
  • Total Assets 8.54%

About Speedline Spinners India

Speedline Spinners India Private Limited (SSIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 01 November 2004 and has a history of 20 years and three 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 2024. It's a company limited by shares with an authorized capital of Rs 1.50 Cr and a paid-up capital of Rs 1.50 Cr.

The company currently has active open charges totaling ₹40.69 Cr. The company has closed loans amounting to ₹5.35 Cr, as per Ministry of Corporate Affairs (MCA) records.

Santhamani, Gowtham Gopalsamy, Subramaniam Gopalswamy, and One other member 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

    U17111TZ2004PTC011412

  • Company No.

    011412

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    01 Nov 2004

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Manufacturing

Who are the key members and board of directors at Speedline Spinners India?

Board Members (4)

Name Designation Appointment Date Status
Santhamani Country flag representing In Whole-Time Director 01-Nov-2004 Current
Gowtham Gopalsamy Country flag representing In Whole-Time Director 13-Aug-2014 Current
Subramaniam Gopalswamy Country flag representing In Whole-Time Director 01-Nov-2004 Current
Thangaraj Country flag representing In Whole-Time Director 01-Nov-2004 Current

Financial Performance of Speedline Spinners India.

Speedline Spinners India Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 1.68% increase. The company also saw a substantial fall in profitability, with a 87.63% decrease in profit. The company's net worth moved up by a moderate rise of 4.31%.

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
1.68%
Revenue from Operations
1.95%
Total Assets
8.54%
Profit or Loss
-87.63%
Net Worth
4.31%
EBITDA
-64.50%

What is the Ownership and Shareholding Structure of Speedline Spinners India?

In 2023, Speedline Spinners India 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

₹40.69 Cr

Satisfied Charges

₹5.35 Cr

Charges Breakdown by Lending Institutions

  • City Union Bank Limited : 36.31 Cr
  • Small Industries Development Bank Of India : 3.38 Cr
  • Sidbi : 1.00 Cr

Latest Charge Details

Date Lender Amount Status
04 Oct 2019 City Union Bank Limited ₹36.31 Cr Open
15 Feb 2010 Sidbi ₹1.00 Cr Open
15 Feb 2010 Small Industries Development Bank Of India ₹3.38 Cr Open
29 Dec 2004 Indian Overseas Bank ₹5.35 Cr Satisfied

How Many Employees Work at Speedline Spinners India?

Speedline Spinners India has a workforce of 24 employees as of Mar 22, 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 Speedline Spinners India, 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 Speedline Spinners India'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 Speedline Spinners India

Recent activity within the organization

  • Annual General Meeting

    Speedline Spinners India Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Speedline Spinners India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore.

    31 Mar 2024

  • Charges

    A charge with City Union Bank Limited of Rs. 36.31 Cr registered on 04 Oct 2019 with Charge ID 100295805 was modified on 29 Feb 2024.

    29 Feb 2024

  • Charges

    A charge registered on 29 Dec 2004 via Charge ID 90004547 with Indian Overseas Bank was fully satisfied on 12 Aug 2020.

    12 Aug 2020

  • Charges

    A charge with City Union Bank Limited amounted to Rs. 36.31 Cr with Charge ID 100295805 was registered on 04 Oct 2019.

    04 Oct 2019

  • Charges

    A charge with Indian Overseas Bank of Rs. 5.35 Cr registered on 29 Dec 2004 with Charge ID 90004547 was modified on 01 Mar 2019.

    01 Mar 2019

Frequently asked questions

  • Speedline Spinners India Private Limited was incorporated on 01 Nov 2004.

  • The authorized share capital of Speedline Spinners India Private Limited is ₹ 1.50 Cr and paid-up capital is ₹ 1.50 Cr.

  • Currently 4 directors are associated with Speedline Spinners India Private Limited.

    • Santhamani
    • Gowtham Prasad Gopalsamy
    • Subramaniam Gopalswamy
    • Thangaraj
  • As per Ministry of Corporate Affairs (Mca), the registered address of Speedline Spinners India Private Limited is 2/12C M Thottam Pallapalayam India, Coimbatore, Tamil Nadu, 641103.

  • The corporate identification number (CIN) of Speedline Spinners India Private Limited is U17111TZ2004PTC011412 and the company number is 011412 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Speedline Spinners India Private Limited has risen by 1.68%.

  • As Per 2023 financial reports, 24 employees are currently employed by Speedline Spinners India Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Speedline Spinners India Private Limited has experienced an upsurge of 4.31%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Speedline Spinners India Private Limited amount to ₹ 40.69 Cr.

  • The most recent Balance Sheet for Speedline Spinners India Private Limited was filed with the ROC on 31 Mar 2024.

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