Sri Gangaaparameswari Spinners Private Limited

Textile company specializing in trading and manufacturing of natural fibers for yarn production.

1998 | Rajapalayam, Tamil Nadu (India) | Active
Last Updated: July 17, 2024

Sri Gangaaparameswari Spinners Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 5.00 M
  • Company Age 26 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 20.00 Cr
  • Satisfied Charges ₹ 3.53 Cr
  • Revenue Growth -11.32%
  • Profit Growth -72.59%
  • Ebitda -61.06%
  • Net Worth 7.27%
  • Total Assets 12.05%

About Sri Gangaaparameswari Spinners

Sri Gangaaparameswari Spinners Private Limited (SGSPL) is a Private Limited Indian Non-Government Company incorporated in India on 03 July 1998 and has a history of 26 years and seven months. Its registered office is in Rajapalayam, Tamil Nadu, India.

The Company is engaged in the Home & Lifestyle 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 5.00 M.

The company currently has active open charges totaling ₹20.00 Cr. The company has closed loans amounting to ₹3.53 Cr, as per Ministry of Corporate Affairs (MCA) records.

Kesavan Seenivasagam, Rajadurai Arun, Kesavan Raghavan, and Two other members serve as directors at the Company.

Company Details

  • Location

    Rajapalayam, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17111TN1998PTC040769

  • Company No.

    040769

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    03 Jul 1998

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Home & Lifestyle

Who are the key members and board of directors at Sri Gangaaparameswari Spinners?

Board Members (5)

Name Designation Appointment Date Status
Kesavan Seenivasagam Country flag representing In Director 31-Aug-2012 Current
Rajadurai Arun Country flag representing In Director 08-Feb-2019 Current
Kesavan Raghavan Country flag representing In Director 31-Aug-2012 Current
Kesavan Mathavan Country flag representing In Director 31-Aug-2012 Current
Kesavan Ravichandran Country flag representing In Director 31-Aug-2012 Current

Financial Performance of Sri Gangaaparameswari Spinners.

Sri Gangaaparameswari Spinners Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 11.32% decrease. The company also saw a substantial fall in profitability, with a 72.59% decrease in profit. The company's net worth moved up by a moderate rise of 7.27%.

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
-11.32%
Revenue from Operations
-11.60%
Total Assets
12.05%
Profit or Loss
-72.59%
Net Worth
7.27%
EBITDA
-61.06%

What is the Ownership and Shareholding Structure of Sri Gangaaparameswari Spinners?

In 2023, Sri Gangaaparameswari Spinners had a promoter holding of 28.00% and a public holding of 72.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹199.95 M

Satisfied Charges

₹35.30 M

Charges Breakdown by Lending Institutions

  • Others : 20.00 Cr

Latest Charge Details

Date Lender Amount Status
21 Apr 2023 Others ₹13.00 Cr Open
08 Jul 2022 Others ₹1.25 M Open
06 Jan 2022 Others ₹6.87 Cr Open
08 Nov 2017 Tamilnad Mercantile Bank Limited ₹1.20 Cr Satisfied
02 Dec 2010 Bank Of Baroda ₹1.00 Cr Satisfied

How Many Employees Work at Sri Gangaaparameswari Spinners?

Unlock and access historical data on people associated with Sri Gangaaparameswari Spinners, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Sri Gangaaparameswari Spinners, 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 Gangaaparameswari Spinners'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 Gangaaparameswari Spinners

Recent activity within the organization

  • Annual General Meeting

    Sri Gangaaparameswari Spinners Private Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

    29 Sep 2023

  • Charges

    A charge with Others amounted to Rs. 130.00 M with Charge ID 100716865 was registered on 21 Apr 2023.

    21 Apr 2023

  • Balance Sheet

    Sri Gangaaparameswari Spinners Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • Charges

    A charge registered on 08 Nov 2017 via Charge ID 100138514 with Tamilnad Mercantile Bank Limited was fully satisfied on 12 Jul 2022.

    12 Jul 2022

  • Charges

    A charge with Others amounted to Rs. 1.25 M with Charge ID 100593623 was registered on 08 Jul 2022.

    08 Jul 2022

  • Charges

    A charge with Others of Rs. 68.70 M registered on 06 Jan 2022 with Charge ID 100530688 was modified on 10 Jun 2022.

    10 Jun 2022

Frequently asked questions

  • Sri Gangaaparameswari Spinners Private Limited was incorporated on 03 Jul 1998.

  • The authorized share capital of Sri Gangaaparameswari Spinners Private Limited is ₹ 5.00 M and paid-up capital is ₹ 5.00 M.

  • Currently 5 directors are associated with Sri Gangaaparameswari Spinners Private Limited.

    • Kesavan Seenivasagam
    • Rajadurai Arun
    • Kesavan Raghavan
    • Kesavan Mathavan
    • Kesavan Ravichandran
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sri Gangaaparameswari Spinners Private Limited is 802 Malaiyadipatti, Rajapalayam, Tamil Nadu, India, 626117.

  • The corporate identification number (CIN) of Sri Gangaaparameswari Spinners Private Limited is U17111TN1998PTC040769 and the company number is 040769 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Sri Gangaaparameswari Spinners Private Limited has fallen by -11.32%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Sri Gangaaparameswari Spinners Private Limited has experienced an upsurge of 7.27%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Sri Gangaaparameswari Spinners Private Limited amount to ₹ 20.00 Cr.

  • The most recent Balance Sheet for Sri Gangaaparameswari Spinners Private Limited was filed with the ROC on 31 Mar 2023.

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