Sri Gnanavel Spinning Mills Private Limited

Sri Gnanavel Spinning Mills Private Limited

Manufactures cotton and synthetic yarn for domestic and industrial use.
1993 | Erode, Tamil Nadu (India) | Active

Last Updated:

November 17, 2024
HomeCompanySri Gnanavel Spinning Mills Private Limited

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

Executive Team (1)

NameDesignationAppointment DateStatus
Subbannaudayar Gnanapandithan InManaging Director03-Dec-1993Current

Board Members(2)

NameDesignationAppointment DateStatus
Senthil Gnanapandithan In Director 24-Feb-2017Current
Gnanapandithan Malarvizhi In Director 03-Dec-1993Current

Financial Performance of Sri Gnanavel Spinning Mills.

Sri Gnanavel Spinning Mills Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 19.07% decrease. The company also saw a substantial fall in profitability, with a 54.37% decrease in profit. The company's net worth moved up by a moderate rise of 8.24%.

Revenue Growth Graph
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  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-19.07%
Revenue from Operations
-18.18%
Total Assets
18.44%
Profit or Loss
-54.37%
Net Worth
8.24%
EBITDA
43.58%

Charges (Loans)

Open Charges Satisfied Charges

₹15.80 Cr

₹2.90 Cr

LenderAmountStatus

Yes Bank Limited

Creation Date: 25 Mar 2024
₹12.67 CrOpen

Sidbi

Creation Date: 29 Dec 2021
₹3.00 CrOpen

Indian Overseas Bank

Creation Date: 31 Oct 1996
₹1.31 MOpen

How Many Employees Work at Sri Gnanavel Spinning Mills?

Sri Gnanavel Spinning Mills has a workforce of 40 employees as of Apr 07, 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.

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Latest Updates, News, and FAQs on Sri Gnanavel Spinning Mills

Recent activity within the organization

  • Charges

    A charge registered on 09 Mar 2023 via Charge ID 100689057 with Indian Overseas Bank was fully satisfied on 29 Apr 2024.

    29 Apr 2024

  • Charges

    A charge registered on 25 Jan 2022 via Charge ID 100571808 with Indian Overseas Bank was fully satisfied on 29 Apr 2024.

    29 Apr 2024

  • Charges

    A charge with Indian Overseas Bank of Rs. 0.13 Cr registered on 31 Oct 1996 with Charge ID 90003012 was modified on 29 Apr 2024.

    29 Apr 2024

  • Charges

    A charge with Yes Bank Limited of Rs. 12.67 Cr registered on 25 Mar 2024 with Charge ID 100893546 was modified on 18 Apr 2024.

    18 Apr 2024

  • Charges

    A charge with Yes Bank Limited amounted to Rs. 12.67 Cr with Charge ID 100893546 was registered on 25 Mar 2024.

    25 Mar 2024

  • Annual General Meeting

    Sri Gnanavel Spinning Mills Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

Frequently asked questions

  • Sri Gnanavel Spinning Mills Private Limited was incorporated on 03 Dec 1993.

  • The authorized share capital of Sri Gnanavel Spinning Mills Private Limited is ₹ 3.00 Cr and paid-up capital is ₹ 1.52 Cr.

  • Currently 3 directors are associated with Sri Gnanavel Spinning Mills Private Limited.

    • Subbannaudayar Gnanapandithan
    • Senthil Kumar Gnanapandithan
    • Gnanapandithan Malarvizhi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sri Gnanavel Spinning Mills Private Limited is 365/1B, Kovai Sathy Main Road India, Punjai Puliampatti, Tamil Nadu, 638459.

  • The corporate identification number (CIN) of Sri Gnanavel Spinning Mills Private Limited is U17111TZ1993PTC004720 and the company number is 004720 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Sri Gnanavel Spinning Mills Private Limited has fallen by -19.07%.

  • As Per 2023 financial reports, 40 employees are currently employed by Sri Gnanavel Spinning Mills Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Sri Gnanavel Spinning Mills Private Limited has experienced an upsurge of 8.24%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Sri Gnanavel Spinning Mills Private Limited amount to ₹ 15.80 Cr.

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

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