Sri Jagannatha Spinners Private Limited

Manufactures cotton cloths and yarn with 37,128 spindles across three units in Coimbatore.

2014 | Coimbatore, Tamil Nadu (India) | Active
Last Updated: November 15, 2024

Sri Jagannatha Spinners Profile

Key Indicators

  • Authorised Capital ₹ 1.50 Cr
  • Paid Up Capital ₹ 1.50 Cr
  • Company Age 10 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 115.35 Cr
  • Satisfied Charges ₹ 26.40 Cr
  • Revenue Growth 21.73%
  • Profit Growth -42.36%
  • Ebitda 1.40%
  • Net Worth 12.18%
  • Total Assets 26.94%

About Sri Jagannatha Spinners

Sri Jagannatha Spinners Private Limited (SJSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 19 March 2014 and has a history of Ten years and ten months. Its registered office is in Coimbatore, 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 2023. It's a company limited by shares with an authorized capital of Rs 1.50 Cr and a paid-up capital of Rs 1.50 Cr.

The company currently has active open charges totaling ₹115.35 Cr. The company has closed loans amounting to ₹26.40 Cr, as per Ministry of Corporate Affairs (MCA) records.

Jaganathan Vijayakumar, Jaganathan Asokkumar, Jaganathan Chandrasekar, and One other member serve as directors at the Company.

Company Details

  • Location

    Coimbatore, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17111TZ2014PTC020365

  • Company No.

    020365

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    19 Mar 2014

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Manufacturing

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

Board Members (4)

Name Designation Appointment Date Status
Jaganathan Vijayakumar Country flag representing In Whole-Time Director 19-Mar-2014 Current
Jaganathan Asokkumar Country flag representing In Whole-Time Director 19-Mar-2014 Current
Jaganathan Chandrasekar Country flag representing In Whole-Time Director 19-Mar-2014 Current
Jaganathan Shantamani Country flag representing In Whole-Time Director 19-Mar-2014 Current

Financial Performance of Sri Jagannatha Spinners.

Sri Jagannatha Spinners Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 21.73% increase. The company also saw a substantial fall in profitability, with a 42.36% decrease in profit. The company's net worth Soared by an impressive increase of 12.18%.

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
21.73%
Revenue from Operations
21.74%
Total Assets
26.94%
Profit or Loss
-42.36%
Net Worth
12.18%
EBITDA
1.40%

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

In 2023, Sri Jagannatha Spinners 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

₹115.35 Cr

Satisfied Charges

₹26.40 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 105.10 Cr
  • Sidbi : 10.25 Cr

Latest Charge Details

Date Lender Amount Status
23 Jan 2023 Hdfc Bank Limited ₹16.73 Cr Open
12 Dec 2022 Hdfc Bank Limited ₹15.00 Cr Open
05 Jul 2021 Hdfc Bank Limited ₹73.37 Cr Open
27 Jan 2016 Sidbi ₹10.25 Cr Open
17 Apr 2014 State Bank Of India ₹26.40 Cr Satisfied

How Many Employees Work at Sri Jagannatha Spinners?

Sri Jagannatha Spinners has a workforce of 280 employees as of Apr 09, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Sri Jagannatha 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 Jagannatha 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 Jagannatha Spinners

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited of Rs. 16.73 Cr registered on 23 Jan 2023 with Charge ID 100699231 was modified on 06 Oct 2023.

    06 Oct 2023

  • Charges

    A charge with Hdfc Bank Limited of Rs. 73.37 Cr registered on 05 Jul 2021 with Charge ID 100467773 was modified on 06 Oct 2023.

    06 Oct 2023

  • Annual General Meeting

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

    29 Sep 2023

  • Balance Sheet

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

    31 Mar 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 16.73 Cr with Charge ID 100699231 was registered on 23 Jan 2023.

    23 Jan 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 15.00 Cr with Charge ID 100667141 was registered on 12 Dec 2022.

    12 Dec 2022

Frequently asked questions

  • Sri Jagannatha Spinners Private Limited was incorporated on 19 Mar 2014.

  • The authorized share capital of Sri Jagannatha Spinners Private Limited is ₹ 1.50 Cr and paid-up capital is ₹ 1.50 Cr.

  • Currently 4 directors are associated with Sri Jagannatha Spinners Private Limited.

    • Jaganathan Vijayakumar
    • Jaganathan Asokkumar
    • Jaganathan Chandrasekar
    • Jaganathan Shantamani
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sri Jagannatha Spinners Private Limited is New No.43, V.K.K.Menon Road Sidhapudur India, Coimbatore, Tamil Nadu, 641044.

  • The corporate identification number (CIN) of Sri Jagannatha Spinners Private Limited is U17111TZ2014PTC020365 and the company number is 020365 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Sri Jagannatha Spinners Private Limited has risen by 21.73%.

  • As Per 2023 financial reports, 280 employees are currently employed by Sri Jagannatha Spinners Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Sri Jagannatha Spinners Private Limited has experienced an upsurge of 12.18%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Sri Jagannatha Spinners Private Limited amount to ₹ 115.35 Cr.

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