Sri Kandha Spinners Private Limited

Produces and sells cotton yarn through spinning.

2004 | Rajapalayam-656 110, Tamil Nadu (India) | Active
Last Updated: January 13, 2025

Sri Kandha Spinners Profile

Key Indicators

  • Authorised Capital ₹ 3.00 M
  • Paid Up Capital ₹ 2.40 M
  • Company Age 21 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 10.01 Cr
  • Revenue Growth -97.46%
  • Profit Growth -175.56%
  • Ebitda -103.48%
  • Net Worth -3.42%
  • Total Assets -21.68%

About Sri Kandha Spinners

Sri Kandha Spinners Private Limited (SKSPL) is a Private Limited Indian Non-Government Company incorporated in India on 21 January 2004 and has a history of 21 years and one month. Its registered office is in Rajapalayam-656 110, Tamil Nadu.

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 3.00 M and a paid-up capital of Rs 2.40 M.

The company has closed loans amounting to ₹10.01 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Poosapadi Muthukrishnan, Poosapaadi Praveena, Poosabadi Rajha, and One other member serve as directors at the Company.

Company Details

  • Location Rajapalayam-656 110, Tamil Nadu
  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17111TN2004PTC052363

  • Company No.

    052363

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    21 Jan 2004

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Manufacturing

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

Board Members (4)

NameDesignationAppointment DateStatus
Poosapadi Muthukrishnan Country flag representing In Whole-Time Director 21-Jan-2004Current
Poosapaadi Praveena Country flag representing In Director 21-Jan-2004Current
Poosabadi Rajha Country flag representing In Director 29-Nov-2021Current
Posapadi Shanthilakshmi Country flag representing In Director 21-Jan-2004Current

Financial Performance of Sri Kandha Spinners.

Sri Kandha Spinners Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 97.46% decrease. The company also saw a substantial fall in profitability, with a 175.56% decrease in profit. The company's net worth dipped by a decrease of 3.42%.

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
-97.46%
Revenue from Operations
Total Assets
-21.68%
Profit or Loss
-175.56%
Net Worth
-3.42%
EBITDA
-103.48%

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

In 2018, Sri Kandha 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

₹0

Satisfied Charges

₹100.08 M

Charges Breakdown by Lending Institutions

  • Bank Of Baroda : 9.01 Cr
  • Canara Bank : 1.00 Cr

Latest Charge Details

DateLenderAmountStatus
01 Oct 2010Bank Of Baroda₹9.01 CrSatisfied
11 Oct 2008Canara Bank₹1.00 CrSatisfied

How Many Employees Work at Sri Kandha Spinners?

Unlock and access historical data on people associated with Sri Kandha 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 Kandha 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 Kandha 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 Kandha Spinners

Recent activity within the organization

  • Annual General Meeting

    Sri Kandha Spinners 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 Kandha Spinners Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

    31 Mar 2024

  • Charges

    A charge registered on 01 Oct 2010 via Charge ID 10250357 with Bank Of Baroda was fully satisfied on 30 Aug 2022.

    30 Aug 2022

  • Director Appointment

    Poosabadi Venkateswaran Vishvak Rajha was appointed as a Director was appointed as a Director on 29 Nov 2021 & has been associated with this company since 3 years 2 months .

    29 Nov 2021

  • Charges

    A charge registered on 11 Oct 2008 via Charge ID 10136135 with Canara Bank was fully satisfied on 20 Nov 2010.

    20 Nov 2010

  • Charges

    A charge with Bank Of Baroda of Rs. 90.08 M registered on 01 Oct 2010 with Charge ID 10250357 was modified on 27 Oct 2010.

    27 Oct 2010

Frequently asked questions

  • Sri Kandha Spinners Private Limited was incorporated on 21 Jan 2004.

  • The authorized share capital of Sri Kandha Spinners Private Limited is ₹ 3.00 M and paid-up capital is ₹ 2.40 M.

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

    • Poosapadi Bangarusamy Raja Muthukrishnan
    • Poosapaadi Muthukrishnan Praveena
    • Poosabadi Venkateswaran Vishvak Rajha
    • Posapadi Venkatesnaran Shanthilakshmi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sri Kandha Spinners Private Limited is S.F.184 Melapattnamkarisalkulam, Srivilliputtur India, Rajapalayam-656 110, Tamil Nadu.

  • The corporate identification number (CIN) of Sri Kandha Spinners Private Limited is U17111TN2004PTC052363 and the company number is 052363 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for Sri Kandha Spinners Private Limited has fallen by -97.46%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Sri Kandha Spinners Private Limited has experienced an downturn of -3.42%.

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

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