Sri Akilaa Spinning Mills Profile
Key Indicators
- Authorised Capital ₹ 4.00 Cr
as on 16-11-2024
- Paid Up Capital ₹ 4.00 Cr
as on 16-11-2024
- Company Age 22 Year, 4 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 11.20 Cr
as on 16-11-2024
- Satisfied Charges ₹ 21.83 Cr
as on 16-11-2024
- Revenue -17.57%
(FY 2023)
- Profit 46.69%
(FY 2023)
- Ebitda -13.49%
(FY 2023)
- Net Worth 6.50%
(FY 2023)
- Total Assets -4.37%
(FY 2023)
About Sri Akilaa Spinning Mills
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.
- 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
Company Details
- Location
Salem, Tamil Nadu, India
- Telephone
- Email Address
- Website
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- Social Media-
Who are the key members and board of directors at Sri Akilaa Spinning Mills?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Pattaiappagounder Ramasamy  | Managing Director | 23-Jan-2013 | Current |
Board Members(3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Ramasamy Poovathal | Director | 23-Jan-2013 | Current |
| Ramasamy Kumar | Director | 23-Jan-2013 | Current |
| Ramasamy Kumar | Director | 23-Jan-2013 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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.
Related Corporates (Common Directorship)
R R Spinning Mills Private LimitedActive 44 years 1 monthRamasamy Poovathal, Ramasamy Kumar and 2 more are mutual person
- Sambathkumar Mills Private LimitedActive 21 years 6 months
Ramasamy Poovathal, Ramasamy Kumar and 2 more are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 19 May 2020 | ₹2.50 M | Open |
Axis Bank Limited Creation Date: 30 Mar 2019 | ₹10.95 Cr | Open |
Bank Of India Creation Date: 09 Dec 2005 | ₹18.83 Cr | Satisfied |
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.
Deals i
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
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.
