Sree Lakshmi Venkateswara Spinning Mills Profile
Key Indicators
- Authorised Capital ₹ 2.25 Cr
- Paid Up Capital ₹ 2.24 Cr
- Company Age 31 Year, 5 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 49.50 Cr
- Satisfied Charges ₹ 15.49 Cr
- Revenue Growth -18.69%
- Profit Growth -31.09%
- Ebitda -17.42%
- Net Worth 15.84%
- Total Assets -17.48%
About Sree Lakshmi Venkateswara Spinning Mills
Sree Lakshmi Venkateswara Spinning Mills Private Limited (SLVSMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 24 August 1993 and has a history of 31 years and five 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 2023. It's a company limited by shares with an authorized capital of Rs 2.25 Cr and a paid-up capital of Rs 2.24 Cr.
The company currently has active open charges totaling ₹49.50 Cr. The company has closed loans amounting to ₹15.49 Cr, as per Ministry of Corporate Affairs (MCA) records.
Palanisamy, Anukruthika Nachimuthu, Tamilselvan Palanisamy, and One other member serve as directors at the Company.
Company Details
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Location
Coimbatore, Tamil Nadu, India
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Telephone
+91-XXXXXXXXXX
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Website
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Social Media
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Corporate Identity Details
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CIN/LLPIN
U17111TZ1993PTC004552
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Company No.
004552
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
24 Aug 1993
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Coimbatore
Industry
Who are the key members and board of directors at Sree Lakshmi Venkateswara Spinning Mills?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Palanisamy
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Additional Director | 05-Nov-2007 | Current |
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Anukruthika Nachimuthu
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Director | 30-Sep-2017 | Current |
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Tamilselvan Palanisamy
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Director | 03-Jan-2008 | Current |
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Suseela Palnisamy
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Additional Director | 05-Nov-2007 | Current |
Financial Performance of Sree Lakshmi Venkateswara Spinning Mills.
Sree Lakshmi Venkateswara Spinning Mills Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 18.69% decrease. The company also saw a substantial fall in profitability, with a 31.09% decrease in profit. The company's net worth Soared by an impressive increase of 15.84%.
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What is the Ownership and Shareholding Structure of Sree Lakshmi Venkateswara Spinning Mills?
In 2023, Sree Lakshmi Venkateswara Spinning Mills had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Poongodhai Textiles Private LimitedPalanisamy and Suseela Palnisamy are mutual person
Charges (Loans)
₹49.50 Cr
₹15.49 Cr
Charges Breakdown by Lending Institutions
- Others : 49.50 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 19 Feb 2019 | Others | ₹12.50 Cr | Open |
| 25 May 2015 | Others | ₹37.00 Cr | Open |
| 08 Jun 2005 | Andhra Bank | ₹10.16 Cr | Satisfied |
| 24 Mar 1999 | The Catholic Syrian Bank Ltd. | ₹1.10 M | Satisfied |
| 24 Feb 1997 | The Catholic Syrian Bank Ltd | ₹2.32 Cr | Satisfied |
How Many Employees Work at Sree Lakshmi Venkateswara Spinning Mills?
Sree Lakshmi Venkateswara Spinning Mills has a workforce of 169 employees as of Mar 29, 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 Sree Lakshmi Venkateswara Spinning 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 Lakshmi Venkateswara Spinning Mills'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.
