Sree Mangalambigai Cotton Mills Private Limited

Textile company specializing in cotton and cotton blend fabric manufacturing, weaving, and processing.

1979 | Salem, Tamil Nadu (India) | Active
Last Updated: November 16, 2024

Sree Mangalambigai Cotton Mills Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 4.00 M
  • Company Age 45 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 24.66 Cr
  • Satisfied Charges ₹ 31.88 Cr
  • Revenue Growth -13.19%
  • Profit Growth -36.49%
  • Ebitda -27.61%
  • Net Worth -0.10%
  • Total Assets 8.89%

About Sree Mangalambigai Cotton Mills

Sree Mangalambigai Cotton Mills Private Limited (SMCMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 11 September 1979 and has a history of 45 years and five months. Its registered office is in Salem, 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 5.00 M and a paid-up capital of Rs 4.00 M.

The company currently has active open charges totaling ₹24.66 Cr. The company has closed loans amounting to ₹31.88 Cr, as per Ministry of Corporate Affairs (MCA) records.

Krishnan Viswanathan and Kalarani Krishnan serve as directors at the Company.

Company Details

  • Location

    Salem, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17115TZ1979PTC004022

  • Company No.

    004022

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    11 Sep 1979

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Manufacturing

Who are the key members and board of directors at Sree Mangalambigai Cotton Mills?

Board Members (2)

Name Designation Appointment Date Status
Krishnan Viswanathan Country flag representing In Director 01-Sep-1997 Current
Kalarani Krishnan Country flag representing In Director 09-Jan-2013 Current

Financial Performance of Sree Mangalambigai Cotton Mills.

Sree Mangalambigai Cotton Mills Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 13.19% decrease. The company also saw a substantial fall in profitability, with a 36.49% decrease in profit. The company's net worth dipped by a decrease of 0.1%.

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
-13.19%
Revenue from Operations
-14.83%
Total Assets
8.89%
Profit or Loss
-36.49%
Net Worth
-0.10%
EBITDA
-27.61%

What is the Ownership and Shareholding Structure of Sree Mangalambigai Cotton Mills?

In 2023, Sree Mangalambigai Cotton 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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹246.58 M

Satisfied Charges

₹318.82 M

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 21.10 Cr
  • Others : 3.27 Cr
  • Canara Bank : 0.29 Cr

Latest Charge Details

Date Lender Amount Status
04 Jan 2024 Others ₹0.50 M Open
03 May 2023 Axis Bank Limited ₹21.10 Cr Open
05 Apr 2023 Others ₹3.00 Cr Open
31 Jan 2023 Others ₹1.50 M Open
01 Mar 2022 Canara Bank ₹2.92 M Open

How Many Employees Work at Sree Mangalambigai Cotton Mills?

Sree Mangalambigai Cotton Mills has a workforce of 38 employees as of Apr 02, 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 Sree Mangalambigai Cotton 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 Mangalambigai Cotton 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 Mangalambigai Cotton Mills

Recent activity within the organization

  • Charges

    A charge with Axis Bank Limited of Rs. 211.00 M registered on 03 May 2023 with Charge ID 100722527 was modified on 22 Mar 2024.

    22 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 0.50 M with Charge ID 100845204 was registered on 04 Jan 2024.

    04 Jan 2024

  • Annual General Meeting

    Sree Mangalambigai Cotton Mills Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge registered on 05 Mar 2022 via Charge ID 100546742 with Canara Bank was fully satisfied on 05 Jun 2023.

    05 Jun 2023

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 211.00 M with Charge ID 100722527 was registered on 03 May 2023.

    03 May 2023

  • Charges

    A charge with Others amounted to Rs. 30.00 M with Charge ID 100704267 was registered on 05 Apr 2023.

    05 Apr 2023

Frequently asked questions

  • Sree Mangalambigai Cotton Mills Private Limited was incorporated on 11 Sep 1979.

  • The authorized share capital of Sree Mangalambigai Cotton Mills Private Limited is ₹ 5.00 M and paid-up capital is ₹ 4.00 M.

  • Currently 2 directors are associated with Sree Mangalambigai Cotton Mills Private Limited.

    • Krishnan Viswanathan
    • Kalarani Krishnan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sree Mangalambigai Cotton Mills Private Limited is Seelickenpatty P.O., Salem-636 201. Tamil Du India, Na, Tamil Nadu, 636201.

  • The corporate identification number (CIN) of Sree Mangalambigai Cotton Mills Private Limited is U17115TZ1979PTC004022 and the company number is 004022 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Sree Mangalambigai Cotton Mills Private Limited has fallen by -13.19%.

  • As Per 2023 financial reports, 38 employees are currently employed by Sree Mangalambigai Cotton Mills Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Sree Mangalambigai Cotton Mills Private Limited has experienced an downturn of -0.10%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Sree Mangalambigai Cotton Mills Private Limited amount to ₹ 24.66 Cr.

  • The most recent Balance Sheet for Sree Mangalambigai Cotton Mills Private Limited was filed with the ROC on 31 Mar 2023.

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