Sree Meenakshi Salt Works Private Limited

Produces and sells common and iodized salt since 1928 in Tamil Nadu.

1928 | Tuticorin, Tamil Nadu (India) | Active
Last Updated: January 05, 2025

Sree Meenakshi Salt Works Profile

Key Indicators

  • Authorised Capital ₹ 1.08 Cr
  • Paid Up Capital ₹ 1.08 Cr
  • Company Age 96 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 8.50 M
  • Satisfied Charges ₹ 2.14 M
  • Revenue Growth 20.15%
  • Profit Growth 2871.84%
  • Ebitda -1.91%
  • Net Worth 153.07%
  • Total Assets 25.10%

About Sree Meenakshi Salt Works

Sree Meenakshi Salt Works Private Limited (SMSWPL) was founded in India on 19 November 1928 and has a glorious history of 96 years and three months.Its registered office is in Tuticorin, Tamil Nadu, India.

The Company is engaged in the Food And Beverages 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 1.08 Cr and a paid-up capital of Rs 1.08 Cr.

The company currently has active open charges totaling ₹8.50 M. The company has closed loans amounting to ₹2.14 M, as per Ministry of Corporate Affairs (MCA) records.

Marthi Sankaranarayanan, Jonnagadla Ramaswamy, Sankaranarayanan Ramachandran, and Two other members serve as directors at the Company.

Company Details

  • Location

    Tuticorin, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U51101TN1928PTC002624

  • Company No.

    002624

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    19 Nov 1928

  • Date of AGM

    02 Jun 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Food and Beverages

Who are the key members and board of directors at Sree Meenakshi Salt Works?

Executive Team (1)

NameDesignationAppointment DateStatus
Sankaranarayanan Ramachandran Country flag representing In Managing Director26-Dec-2012Current

Board Members (4)

NameDesignationAppointment DateStatus
Marthi Sankaranarayanan Country flag representing In Director 27-Sep-2001Current
Jonnagadla Ramaswamy Country flag representing In Additional Director 01-Dec-2011Current
Jonnakatla Subramanian Country flag representing In Director 07-Aug-2019Current
Saradha Country flag representing In Director 24-Aug-2021Current

Financial Performance of Sree Meenakshi Salt Works.

Sree Meenakshi Salt Works Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 20.15% increase. The company also saw a substantial improvement in profitability, with a 2871.84% increase in profit. The company's net worth Soared by an impressive increase of 153.07%.

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
20.15%
Revenue from Operations
19.40%
Total Assets
25.10%
Profit or Loss
2871.84%
Net Worth
153.07%
EBITDA
-1.91%

What is the Ownership and Shareholding Structure of Sree Meenakshi Salt Works?

In 2022, Sree Meenakshi Salt Works had a public holding of 65.08%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0.85 Cr

Satisfied Charges

₹0.21 Cr

Charges Breakdown by Lending Institutions

  • Others : 0.85 Cr

Latest Charge Details

DateLenderAmountStatus
01 Aug 2016Others₹8.50 MOpen
18 Oct 2021Others₹0.86 MSatisfied
06 Apr 2015Karur Vysya Bank Limited₹0.54 MSatisfied
25 Apr 2014Karur Vysya Bank₹0.74 MSatisfied

How Many Employees Work at Sree Meenakshi Salt Works?

Sree Meenakshi Salt Works has a workforce of 33 employees as of Mar 27, 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 Meenakshi Salt Works, 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 Meenakshi Salt Works'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 Meenakshi Salt Works

Recent activity within the organization

  • Charges

    A charge registered on 18 Oct 2021 via Charge ID 100509591 with Others was fully satisfied on 12 Nov 2024.

    12 Nov 2024

  • Annual General Meeting

    Sree Meenakshi Salt Works Private Limited last Annual general meeting of members was held on 02 Jun 2024 as per latest MCA records.

    02 Jun 2024

  • Balance Sheet

    Sree Meenakshi Salt Works 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 Others of Rs. 0.85 Cr registered on 01 Aug 2016 with Charge ID 100045861 was modified on 26 Dec 2022.

    26 Dec 2022

  • Charges

    A charge with Others amounted to Rs. 0.09 Cr with Charge ID 100509591 was registered on 18 Oct 2021.

    18 Oct 2021

  • Director Appointment

    Saradha was appointed as a Director was appointed as a Director on 24 Aug 2021 & has been associated with this company since 3 years 6 months .

    24 Aug 2021

Frequently asked questions

  • Sree Meenakshi Salt Works Private Limited was incorporated on 19 Nov 1928.

  • The authorized share capital of Sree Meenakshi Salt Works Private Limited is ₹ 1.08 Cr and paid-up capital is ₹ 1.08 Cr.

  • Currently 5 directors are associated with Sree Meenakshi Salt Works Private Limited.

    • Marthi Krishnaswamy Sankaranarayanan
    • Jonnagadla Sankaranarayanan Ramaswamy
    • Sankaranarayanan Ramachandran
    • Jonnakatla Venkatraman Subramanian
    • Saradha
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sree Meenakshi Salt Works Private Limited is No 12-B Meenakshipuram India, Thoothukudi, Tamil Nadu, 628002.

  • The corporate identification number (CIN) of Sree Meenakshi Salt Works Private Limited is U51101TN1928PTC002624 and the company number is 002624 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for Sree Meenakshi Salt Works Private Limited has risen by 20.15%.

  • As Per 2022 financial reports, 33 employees are currently employed by Sree Meenakshi Salt Works Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Sree Meenakshi Salt Works Private Limited has experienced an upsurge of 153.07%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Sree Meenakshi Salt Works Private Limited amount to ₹ 8.50 M.

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

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