Sree Ayyanar Spinning And Weaving Mills Private Limited

Manufactures cotton yarn with 67,744 spindles and 480 rotors, also invested in windmills.

1962 | Virudhunagar, Tamil Nadu (India) | Active
Last Updated:

Sree Ayyanar Spinning And Weaving Mills Profile

Key Indicators

  • Authorised Capital ₹ 7.00 Cr
  • Paid Up Capital ₹ 5.75 Cr
  • Company Age 62 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 194.42 Cr
  • Satisfied Charges ₹ 249.98 Cr
  • Revenue Growth -24.32%
  • Profit Growth -568.82%
  • Ebitda -94.32%
  • Net Worth -463.44%
  • Total Assets 18.46%

About Sree Ayyanar Spinning And Weaving Mills

Sree Ayyanar Spinning And Weaving Mills Private Limited (SASAWMPL) was founded in India on 23 July 1962 and has a glorious history of 62 years and eight months. Its registered office is in Virudhunagar, Tamil Nadu, India.

The Corporate was formerly known as Sree Ayyanar Spinning And Weaving Mills 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 7.00 Cr and a paid-up capital of Rs 5.75 Cr.

The company currently has active open charges totaling ₹194.42 Cr. The company has closed loans amounting to ₹249.98 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Sree Ayyanar Spinning And Weaving Mills Private Limited India is N Selvaraj as COMPANY SECRETARY. Sankaralingam Maheswaran, Balakrishnan Prabaharan, Pradeep Maheswaran, and Three other members serve as directors at the Company.

Company Details

  • Location

    Virudhunagar, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U17111TN1962PTC004842

  • Company No.

    004842

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    23 Jul 1962

  • Date of AGM

    27 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Manufacturing
Environment

Who are the key members and board of directors at Sree Ayyanar Spinning And Weaving Mills?

Executive Team (1)

NameDesignationAppointment DateStatus
N Selvaraj Country flag representing In Company Secretary06-Aug-2019Current

Board Members (6)

NameDesignationAppointment DateStatus
Sankaralingam Maheswaran Country flag representing In Director 07-Aug-2006Current
Balakrishnan Prabaharan Country flag representing In Whole-Time Director 21-Sep-2005Current
Pradeep Maheswaran Country flag representing In Director 29-Jun-2019Current
Aruna Ashok Country flag representing In Director 30-Mar-2012Current
Sankaralingam Annamalai Country flag representing In Director 21-Sep-2005Current
Krishnamoorthy Sathiavan Country flag representing In Director 30-Sep-2015Current

Financial Performance of Sree Ayyanar Spinning And Weaving Mills.

Sree Ayyanar Spinning And Weaving Mills Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 24.32% decrease. The company also saw a substantial fall in profitability, with a 568.82% decrease in profit. The company's net worth observed a substantial decline by a decrease of 463.44%.

Sree Ayyanar Spinning And Weaving Mills revenue growth over time
Sree Ayyanar Spinning And Weaving Mills 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
-24.32%
Revenue from Operations
-25.44%
Total Assets
18.46%
Profit or Loss
-568.82%
Net Worth
-463.44%
EBITDA
-94.32%

What is the Ownership and Shareholding Structure of Sree Ayyanar Spinning And Weaving Mills?

In 2023, Sree Ayyanar Spinning And Weaving Mills had a promoter holding of 98.03% and a public holding of 1.97%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹194.42 Cr

Satisfied Charges

₹249.98 Cr

Charges Breakdown by Lending Institutions

  • Indian Bank And Indian Overseas Bank : 89.80 Cr
  • Indian Bank : 71.90 Cr
  • Indian Overseas Bank : 23.29 Cr
  • City Union Bank Limited : 7.95 Cr
  • Integrated Finance Company Ltd. : 0.91 Cr
  • Others : 0.57 Cr

Latest Charge Details

DateLenderAmountStatus
19 Dec 2024Hdfc Bank Limited₹1.85 MOpen
21 Oct 2023Indian Bank₹1.00 CrOpen
21 Oct 2023Indian Bank₹5.00 CrOpen
25 Aug 2022Indian Bank₹3.30 CrOpen
21 Jul 2022Hdfc Bank Limited₹3.88 MOpen

How Many Employees Work at Sree Ayyanar Spinning And Weaving Mills?

Sree Ayyanar Spinning And Weaving Mills has a workforce of 410 employees as of Apr 08, 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 Sree Ayyanar Spinning And Weaving Mills Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Sree Ayyanar Spinning And Weaving Mills, 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 Sree Ayyanar Spinning And Weaving Mills'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 Sree Ayyanar Spinning And Weaving Mills

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.19 Cr with Charge ID 101031323 was registered on 19 Dec 2024.

  • Annual General Meeting

    Sree Ayyanar Spinning And Weaving Mills Private Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Sree Ayyanar Spinning And Weaving Mills Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

  • Charges

    A charge with Indian Bank amounted to Rs. 1.00 Cr with Charge ID 100819899 was registered on 21 Oct 2023.

  • Charges

    A charge with Indian Bank amounted to Rs. 5.00 Cr with Charge ID 100819900 was registered on 21 Oct 2023.

  • Charges

    A charge registered on 29 Oct 2005 via Charge ID 90290900 with Indian Overseas Bank was fully satisfied on 16 Oct 2023.

Frequently asked questions

  • What is the Incorporation or founding date of Sree Ayyanar Spinning And Weaving Mills Private Limited?

    Sree Ayyanar Spinning And Weaving Mills Private Limited was incorporated on 23 Jul 1962.

  • What is authorized share capital and paid-up capital of Sree Ayyanar Spinning And Weaving Mills Private Limited?

    The authorized share capital of Sree Ayyanar Spinning And Weaving Mills Private Limited is ₹ 7.00 Cr and paid-up capital is ₹ 5.75 Cr.

  • Who are the current board members & directors of Sree Ayyanar Spinning And Weaving Mills Private Limited?

    Currently 7 directors are associated with Sree Ayyanar Spinning And Weaving Mills Private Limited.

    • Sankaralingam Maheswaran
    • N Selvaraj
    • Balakrishnan Prabaharan
    • Pradeep Sankar Maheswaran
    • Aruna Ashok
    • Sankaralingam Annamalai
    • Krishnamoorthy Sathiavan

  • What is the registered address of Sree Ayyanar Spinning And Weaving Mills Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Sree Ayyanar Spinning And Weaving Mills Private Limited is Mills Premises Mallanginar, Kariapatti (T.K.) Sistrict India, Virudhunagar, Tamil Nadu, 626109.

  • What is the corporate identification number (CIN) and company number of Sree Ayyanar Spinning And Weaving Mills Private Limited?

    The corporate identification number (CIN) of Sree Ayyanar Spinning And Weaving Mills Private Limited is U17111TN1962PTC004842 and the company number is 004842 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Sree Ayyanar Spinning And Weaving Mills Private Limited?

    The Official website of Sree Ayyanar Spinning And Weaving Mills Private Limited is https://www.pioneerasia.com

  • What has been the recent revenue trend for Sree Ayyanar Spinning And Weaving Mills Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Sree Ayyanar Spinning And Weaving Mills Private Limited has fallen by -24.32%.

  • How many employees does Sree Ayyanar Spinning And Weaving Mills Private Limited currently have?

    As Per 2023 financial reports, 410 employees are currently employed by Sree Ayyanar Spinning And Weaving Mills Private Limited.

  • What change has been observed in the net worth of Sree Ayyanar Spinning And Weaving Mills Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Sree Ayyanar Spinning And Weaving Mills Private Limited has experienced an downturn of -463.44%.

  • What are the total open charges for Sree Ayyanar Spinning And Weaving Mills Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Sree Ayyanar Spinning And Weaving Mills Private Limited amount to ₹ 194.42 Cr.

  • When was the last Balance Sheet of Sree Ayyanar Spinning And Weaving Mills Private Limited filed with the ROC?

    The most recent Balance Sheet for Sree Ayyanar Spinning And Weaving Mills Private Limited was filed with the ROC on 31 Mar 2024.

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