Sri Garudadri Spinning Mills Private Limited

Textile company specializing in cotton spinning and manufacturing of various fibrous materials.

1981 | Salem, Tamil Nadu (India) | Active
Last Updated: January 01, 2025

Sri Garudadri Spinning Mills Profile

Key Indicators

  • Authorised Capital ₹ 1.50 Cr
  • Paid Up Capital ₹ 1.31 Cr
  • Company Age 43 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 11.53 Cr
  • Revenue Growth 3.64%
  • Profit Growth 6.40%
  • Ebitda -10.46%
  • Net Worth -1.14%
  • Total Assets -1.08%

About Sri Garudadri Spinning Mills

Sri Garudadri Spinning Mills Private Limited (SGSMPL) is a Private Limited Indian Non-Government Company incorporated in India on 22 July 1981 and has a history of 43 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 1.50 Cr and a paid-up capital of Rs 1.31 Cr.

The company has closed loans amounting to ₹11.53 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Ashok Viswanath and Parthasarathy Bagyalakshmi 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

    U17111TZ1981PTC001082

  • Company No.

    001082

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    22 Jul 1981

  • 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 Garudadri Spinning Mills?

Board Members (2)

Name Designation Appointment Date Status
Ashok Viswanath Country flag representing In Director 31-Oct-2020 Current
Parthasarathy Bagyalakshmi Country flag representing In Director 23-Jan-2013 Current

Financial Performance of Sri Garudadri Spinning Mills.

Sri Garudadri Spinning Mills Private Limited, for the financial year ended 2017, experienced modest growth in revenue, with a 3.64% increase. The company also saw a slight improvement in profitability, with a 6.4% increase in profit. The company's net worth dipped by a decrease of 1.14%.

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
3.64%
Revenue from Operations
Total Assets
-1.08%
Profit or Loss
6.40%
Net Worth
-1.14%
EBITDA
-10.46%

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

In 2017, Sri Garudadri 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

₹0

Satisfied Charges

₹11.53 Cr

Charges Breakdown by Lending Institutions

  • Bank Of India : 11.25 Cr
  • Lakshmi Vilas Bank Limited : 0.28 Cr

Latest Charge Details

Date Lender Amount Status
02 Sep 2008 Bank Of India ₹11.25 Cr Satisfied
23 Sep 1985 Lakshmi Vilas Bank Limited ₹2.75 M Satisfied

How Many Employees Work at Sri Garudadri Spinning Mills?

Unlock and access historical data on people associated with Sri Garudadri Spinning Mills, 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 Garudadri 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 Garudadri 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 Garudadri Spinning Mills

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

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

    31 Mar 2024

  • Director Appointment

    Ashok Viswanath was appointed as a Director was appointed as a Director on 31 Oct 2020 & has been associated with this company since 4 years 3 months .

    31 Oct 2020

  • Charges

    A charge registered on 02 Sep 2008 via Charge ID 10124243 with Bank Of India was fully satisfied on 26 Sep 2019.

    26 Sep 2019

  • Charges

    A charge with Bank Of India of Rs. 11.25 Cr registered on 02 Sep 2008 with Charge ID 10124243 was modified on 20 Oct 2015.

    20 Oct 2015

  • Director Appointment

    Parthasarathy Bagyalakshmi was appointed as a Director was appointed as a Director on 23 Jan 2013 & has been associated with this company since 12 years 19 days .

    23 Jan 2013

Frequently asked questions

  • Sri Garudadri Spinning Mills Private Limited was incorporated on 22 Jul 1981.

  • The authorized share capital of Sri Garudadri Spinning Mills Private Limited is ₹ 1.50 Cr and paid-up capital is ₹ 1.31 Cr.

  • Currently 2 directors are associated with Sri Garudadri Spinning Mills Private Limited.

    • Ashok Viswanath
    • Parthasarathy Bagyalakshmi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sri Garudadri Spinning Mills Private Limited is Cuddalore Main Roadvalappady India, Salem, Tamil Nadu, 636115.

  • The corporate identification number (CIN) of Sri Garudadri Spinning Mills Private Limited is U17111TZ1981PTC001082 and the company number is 001082 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2017, the revenue trend for Sri Garudadri Spinning Mills Private Limited has risen by 3.64%.

  • The financial reports for the fiscal year 2017 indicates that The net worth of Sri Garudadri Spinning Mills Private Limited has experienced an downturn of -1.14%.

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

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