Sri Akilaa Spinning Mills Private Limited

Produces cotton yarns with 26,000 spindles and 5,200 kg daily output.

2002 | Salem, Tamil Nadu (India) | Active
Last Updated:

Sri Akilaa Spinning Mills Profile

Key Indicators

  • Authorised Capital ₹ 4.00 Cr
  • Paid Up Capital ₹ 4.00 Cr
  • Company Age 22 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 11.20 Cr
  • Satisfied Charges ₹ 21.83 Cr
  • Revenue Growth -17.57%
  • Profit Growth 46.69%
  • Ebitda -13.49%
  • Net Worth 6.50%
  • Total Assets -4.37%

About Sri Akilaa Spinning Mills

Sri Akilaa Spinning Mills Private Limited (SASMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 06 September 2002 and has a history of 22 years and six 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 2024. It's a company limited by shares with an authorized capital of Rs 4.00 Cr and a paid-up capital of Rs 4.00 Cr.

The company currently has active open charges totaling ₹11.20 Cr. The company has closed loans amounting to ₹21.83 Cr, as per Ministry of Corporate Affairs (MCA) records.

Ramasamy Poovathal, Ramasamy Kumar, Ramasamy Kumar, and One other member 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

    U17111TZ2002PTC010307

  • Company No.

    010307

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    06 Sep 2002

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Manufacturing

Who are the key members and board of directors at Sri Akilaa Spinning Mills?

Executive Team (1)

NameDesignationAppointment DateStatus
Pattaiappagounder Ramasamy Country flag representing In Managing Director23-Jan-2013Current

Board Members (3)

NameDesignationAppointment DateStatus
Ramasamy Poovathal Country flag representing In Director 23-Jan-2013Current
Ramasamy Kumar Country flag representing In Director 23-Jan-2013Current
Ramasamy Kumar Country flag representing In Director 23-Jan-2013Current

Financial Performance of Sri Akilaa Spinning Mills.

Sri Akilaa Spinning Mills Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 17.57% decrease. The company also saw a substantial improvement in profitability, with a 46.69% increase in profit. The company's net worth moved up by a moderate rise of 6.5%.

Sri Akilaa Spinning Mills revenue growth over time
Sri Akilaa Spinning 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
-17.57%
Revenue from Operations
-17.95%
Total Assets
-4.37%
Profit or Loss
46.69%
Net Worth
6.50%
EBITDA
-13.49%

What is the Ownership and Shareholding Structure of Sri Akilaa Spinning Mills?

In 2023, Sri Akilaa 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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹11.20 Cr

Satisfied Charges

₹21.83 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 10.95 Cr
  • Others : 0.25 Cr

Latest Charge Details

DateLenderAmountStatus
19 May 2020Others₹2.50 MOpen
30 Mar 2019Axis Bank Limited₹10.95 CrOpen
09 Dec 2005Bank Of India₹18.83 CrSatisfied
02 Jun 2005Canara Bank₹1.67 CrSatisfied
26 Dec 2002State Bank Of Travancore₹1.34 CrSatisfied

How Many Employees Work at Sri Akilaa Spinning Mills?

Sri Akilaa Spinning Mills has a workforce of 128 employees as of Mar 22, 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 Sri Akilaa Spinning Mills Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Sri Akilaa 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 Sri Akilaa Spinning 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 Sri Akilaa Spinning Mills

Recent activity within the organization

  • Annual General Meeting

    Sri Akilaa Spinning Mills Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Sri Akilaa Spinning Mills Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore.

  • Charges

    A charge with Axis Bank Limited of Rs. 10.95 Cr registered on 30 Mar 2019 with Charge ID 100252170 was modified on 03 Jul 2020.

  • Charges

    A charge with Others amounted to Rs. 0.25 Cr with Charge ID 100337581 was registered on 19 May 2020.

  • Charges

    A charge registered on 09 Dec 2005 via Charge ID 80005178 with Bank Of India was fully satisfied on 24 Jun 2019.

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 10.95 Cr with Charge ID 100252170 was registered on 30 Mar 2019.

Frequently asked questions

  • What is the Incorporation or founding date of Sri Akilaa Spinning Mills Private Limited?

    Sri Akilaa Spinning Mills Private Limited was incorporated on 06 Sep 2002.

  • What is authorized share capital and paid-up capital of Sri Akilaa Spinning Mills Private Limited?

    The authorized share capital of Sri Akilaa Spinning Mills Private Limited is ₹ 4.00 Cr and paid-up capital is ₹ 4.00 Cr.

  • Who are the current board members & directors of Sri Akilaa Spinning Mills Private Limited?

    Currently 4 directors are associated with Sri Akilaa Spinning Mills Private Limited.

    • Ramasamy Poovathal
    • Ramasamy Suresh Kumar
    • Ramasamy Sambath Kumar
    • Pattaiappagounder Ramasamy

  • What is the registered address of Sri Akilaa Spinning Mills Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Sri Akilaa Spinning Mills Private Limited is 111/1, 111/2 Kapparthampatti Jalakandapuram India, Salem, Tamil Nadu, 636501.

  • What is the corporate identification number (CIN) and company number of Sri Akilaa Spinning Mills Private Limited?

    The corporate identification number (CIN) of Sri Akilaa Spinning Mills Private Limited is U17111TZ2002PTC010307 and the company number is 010307 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Sri Akilaa Spinning Mills Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Sri Akilaa Spinning Mills Private Limited has fallen by -17.57%.

  • How many employees does Sri Akilaa Spinning Mills Private Limited currently have?

    As Per 2023 financial reports, 128 employees are currently employed by Sri Akilaa Spinning Mills Private Limited.

  • What change has been observed in the net worth of Sri Akilaa Spinning Mills Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Sri Akilaa Spinning Mills Private Limited has experienced an upsurge of 6.50%.

  • What are the total open charges for Sri Akilaa Spinning Mills Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Sri Akilaa Spinning Mills Private Limited amount to ₹ 11.20 Cr.

  • When was the last Balance Sheet of Sri Akilaa Spinning Mills Private Limited filed with the ROC?

    The most recent Balance Sheet for Sri Akilaa Spinning Mills Private Limited was filed with the ROC on 31 Mar 2024.

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