Sree Mangayarkarasi Mills Private Limited

Founded in 1984 and headquartered in Tamil Nadu, India.

1984 | Madurai, Tamil Nadu (India) | Active
Last Updated: November 16, 2024

Sree Mangayarkarasi Mills Profile

Key Indicators

  • Authorised Capital ₹ 1.30 Cr
  • Paid Up Capital ₹ 1.00 Cr
  • Company Age 41 Year, 25 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 14.90 Cr
  • Satisfied Charges ₹ 41.54 Cr
  • Revenue Growth 6.71%
  • Profit Growth -153.75%
  • Ebitda -108.16%
  • Net Worth -12.72%
  • Total Assets -4.99%

About Sree Mangayarkarasi Mills

Sree Mangayarkarasi Mills Private Limited (SMMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 09 January 1984 and has a history of 41 years. Its registered office is in Madurai, 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 1.30 Cr and a paid-up capital of Rs 1.00 Cr.

The company currently has active open charges totaling ₹14.90 Cr. The company has closed loans amounting to ₹41.54 Cr, as per Ministry of Corporate Affairs (MCA) records.


Company Details

  • Location

    Madurai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17111TN1984PTC010578

  • Company No.

    010578

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    09 Jan 1984

  • Date of AGM

    23 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Manufacturing

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

Executive Team (2)

Name Designation Appointment Date Status
Kannappan Murugesan Country flag representing In Managing Director 31-May-1988 Current
Kannappan Muthupalaniappan Country flag representing In Managing Director 31-May-1985 Current

Board Members (1)

Name Designation Appointment Date Status
Kandasamy Sankaralingam Country flag representing In Director 25-Sep-2015 Current

Financial Performance of Sree Mangayarkarasi Mills.

Sree Mangayarkarasi Mills Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 6.71% increase. The company also saw a substantial fall in profitability, with a 153.75% decrease in profit. The company's net worth observed a substantial decline by a decrease of 12.72%.

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
6.71%
Revenue from Operations
6.33%
Total Assets
-4.99%
Profit or Loss
-153.75%
Net Worth
-12.72%
EBITDA
-108.16%

What is the Ownership and Shareholding Structure of Sree Mangayarkarasi Mills?

In 2023, Sree Mangayarkarasi 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

₹14.90 Cr

Satisfied Charges

₹41.54 Cr

Charges Breakdown by Lending Institutions

  • City Union Bank Limited : 13.71 Cr
  • State Industries Promotion Corporation Of Tamil Nadu Ltd. : 0.62 Cr
  • Industrial Development Bank Of India : 0.57 Cr

Latest Charge Details

Date Lender Amount Status
22 Jan 2024 City Union Bank Limited ₹1.20 Cr Open
28 Feb 2022 City Union Bank Limited ₹12.51 Cr Open
26 Oct 1994 Industrial Development Bank Of India ₹5.70 M Open
26 Sep 1986 State Industries Promotion Corporation Of Tamil Nadu Ltd. ₹6.20 M Open
03 Mar 2014 Lakshmi Vilas Bank Limited ₹20.12 Cr Satisfied

How Many Employees Work at Sree Mangayarkarasi Mills?

Sree Mangayarkarasi Mills has a workforce of 325 employees as of Mar 31, 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 Mangayarkarasi 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 Mangayarkarasi 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 Mangayarkarasi Mills

Recent activity within the organization

  • Annual General Meeting

    Sree Mangayarkarasi Mills Private Limited last Annual general meeting of members was held on 23 Aug 2024 as per latest MCA records.

    23 Aug 2024

  • Balance Sheet

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

    31 Mar 2024

  • Charges

    A charge with City Union Bank Limited amounted to Rs. 1.20 Cr with Charge ID 100859338 was registered on 22 Jan 2024.

    22 Jan 2024

  • Charges

    A charge with City Union Bank Limited of Rs. 12.51 Cr registered on 28 Feb 2022 with Charge ID 100550644 was modified on 21 Apr 2022.

    21 Apr 2022

  • Charges

    A charge registered on 03 Mar 2014 via Charge ID 10486014 with Lakshmi Vilas Bank Limited was fully satisfied on 11 Apr 2022.

    11 Apr 2022

  • Charges

    A charge with City Union Bank Limited amounted to Rs. 12.51 Cr with Charge ID 100550644 was registered on 28 Feb 2022.

    28 Feb 2022

Frequently asked questions

  • Sree Mangayarkarasi Mills Private Limited was incorporated on 09 Jan 1984.

  • The authorized share capital of Sree Mangayarkarasi Mills Private Limited is ₹ 1.30 Cr and paid-up capital is ₹ 1.00 Cr.

  • Currently 3 directors are associated with Sree Mangayarkarasi Mills Private Limited.

    • Kannappan Murugesan
    • Kannappan Muthupalaniappan
    • Kandasamy Sankaralingam
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sree Mangayarkarasi Mills Private Limited is Mill Premises Puliyankulam Village Near Silaiman India, Madurai, Tamil Nadu, 625201.

  • The corporate identification number (CIN) of Sree Mangayarkarasi Mills Private Limited is U17111TN1984PTC010578 and the company number is 010578 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Sree Mangayarkarasi Mills Private Limited is https://www.mangayarkarasimills.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Sree Mangayarkarasi Mills Private Limited has risen by 6.71%.

  • As Per 2023 financial reports, 325 employees are currently employed by Sree Mangayarkarasi Mills Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Sree Mangayarkarasi Mills Private Limited has experienced an downturn of -12.72%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Sree Mangayarkarasi Mills Private Limited amount to ₹ 14.90 Cr.

  • The most recent Balance Sheet for Sree Mangayarkarasi Mills Private Limited was filed with the ROC on 31 Mar 2024.

Similar Companies Based on Textile & Fabric Production