Sri Lakshmi Saraswathi Spintex Limited Company Logo

Sri Lakshmi Saraswathi Spintex Limited - Company Profile

It is a manufacturing public limited company based in Chennai, Tamil Nadu, India, established in 2010.

2010 | Chennai, Tamil Nadu, India | Under Liquidation
Last Updated:

About Sri Lakshmi Saraswathi Spintex Limited

Sri Lakshmi Saraswathi Spintex Limited, a under liquidation public limited company, was established on 20 December 2010 in Chennai, Tamil Nadu, India. Engaging in textile & fabric production within the manufacturing sector, it holds CIN: U17120TN2010PLC078474. Registered under ROC Roc Chennai. it is unlisted. It has an authorized capital of ₹14.00 Cr and a paid-up capital of ₹12.60 Cr.

It upholds a active non-compliant status. Employing 7 professional, Its leadership includes Swaminathan Prabhu (Irp/Rp/Liquidator), Banu Chandra Sarath Chandra (Director), Suresh Kumar Mahalingam (Irp/Rp/Liquidator). Past directors included Sarath Chander Aditya Praveen, Sarath Chander Naveen Chandra. It holds ₹40.95 Cr open charges and ₹5.48 Cr settled loans. Its latest AGM occurred on 24 September 2019, with the balance sheet filed on 31 March 2019. It is based at No.9, [Old No.8], Crescent Road Shenoy Nagar, Chennai, Tamil Nadu, 600030.

Company Details

  • CIN/LLPIN

    U17120TN2010PLC078474

  • Registration Number

    078474

  • Incorporation Date

    20 December 2010

  • Authorized Capital

    ₹14.00 Cr

  • Paid-Up Capital

    ₹12.60 Cr

  • ROC Code

    Roc Chennai

  • Listing Status

    Unlisted

  • Company Status

    Under Liquidation

Key Indicators

  • Authorised Capital ₹ 14.00 Cr
  • Paid Up Capital ₹ 12.60 Cr
  • Company Age 15 Year, 30 Days
  • Last Filing with ROC 31 Mar 2019
  • Open Charges ₹ 40.95 Cr
  • Satisfied Charges ₹ 5.48 Cr
  • Revenue Growth -1.63%
  • Profit Growth -105.72%
  • Ebitda -28.03%
  • Net Worth -0.24%
  • Total Assets -1.08%
Company report

Sri Lakshmi Saraswathi Spintex Limited

Company Report FY 2025-2026

Explore comprehensive insights into Sri Lakshmi Saraswathi Spintex Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Sri Lakshmi Saraswathi Spintex Limited?

Current Directors

NameDesignationAppointment DateStatus
Swaminathan PrabhuIrp/Rp/Liquidator19 Feb 2024Current
Banu Chandra Sarath ChandraDirector20 Dec 2010Current
Suresh Kumar MahalingamIrp/Rp/Liquidator23 Jun 2023Current
Sarath Chander Aditya PraveenManaging Director20 Dec 2010Current
Sarath Chander Naveen ChandraManaging Director20 Dec 2010Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector03 Jan 2011Past
Pramod AbcsddDirector09 Feb 2013Past

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Financial Performance of Sri Lakshmi Saraswathi Spintex.

Sri Lakshmi Saraswathi Spintex Limited, for the financial year ended 2019, experienced Minor drop in revenue, with a 1.63% decrease. The company also saw a substantial fall in profitability, with a 105.72% decrease in profit. The company's net worth dipped by a decrease of 0.24%.

Sri Lakshmi Saraswathi Spintex revenue growth over time
Sri Lakshmi Saraswathi Spintex 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
-1.63%
Revenue from Operations
-1.19%
Total Assets
-1.08%
Profit or Loss
-105.72%
Net Worth
-0.24%
EBITDA
-28.03%

What is the Ownership and Shareholding Structure of Sri Lakshmi Saraswathi Spintex?

In 2019, Sri Lakshmi Saraswathi Spintex 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

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Charges (Loans)

Open Charges

₹409,500,000.00

Satisfied Charges

₹54,758,000.00

Charges Breakdown by Lending Institutions

  • Bank Of Maharashtra : 25.95 Cr
  • Idbi Bank Limited : 15.00 Cr

Latest Charge Details

DateLenderAmountStatus
27 Jul 2015Idbi Bank Limited₹15.00 CrOpen
06 Sep 2011Bank Of Maharashtra₹25.95 CrOpen
16 May 2014Sbi Global Factors Limited₹5.00 CrSatisfied
30 Apr 2013Oriental Bank Of Commerce₹0.55 MSatisfied
09 Mar 2013Oriental Bank Of Commerce₹3.20 MSatisfied

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How Many Employees Work at Sri Lakshmi Saraswathi Spintex?

Sri Lakshmi Saraswathi Spintex has a workforce of 7 employees as of Apr 03, 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.

Employee growth trends for Sri Lakshmi Saraswathi Spintex Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Sri Lakshmi Saraswathi Spintex, 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 Lakshmi Saraswathi Spintex'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 Lakshmi Saraswathi Spintex

Recent Activity within the Organization

  • Director Appointment

    Progress on Swaminathan Prabhu was appointed as a IRP/RP/Liquidator was appointed as a IRP/RP/Liquidator on 19 Feb 2024 & has been associated with this company since 1 year 11 months . was documented.

  • Director Appointment

    Suresh Kumar Mahalingam was appointed as a IRP/RP/Liquidator was appointed as a IRP/RP/Liquidator on 23 Jun 2023 & has been associated with this company since 2 years 6 months . was recorded as a recent event.

  • Annual General Meeting

    Sri Lakshmi Saraswathi Spintex Limited last Annual general meeting of members was held on 24 Sep 2019 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    The activity Sri Lakshmi Saraswathi Spintex Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Chennai. was completed.

  • Charges

    Progress on A charge registered on 09 Mar 2013 via Charge ID 10506685 with Oriental Bank Of Commerce was fully satisfied on 19 Dec 2017. was documented.

  • Charges

    The activity A charge registered on 16 May 2014 via Charge ID 10493320 with Sbi Global Factors Limited was fully satisfied on 21 Apr 2017. was completed.

Frequently Asked Questions

  • What is the CIN of Sri Lakshmi Saraswathi Spintex Limited?

    The CIN of Sri Lakshmi Saraswathi Spintex Limited is U17120TN2010PLC078474.

  • Where is Sri Lakshmi Saraswathi Spintex Limited headquartered?

    Sri Lakshmi Saraswathi Spintex Limited is headquartered at No.9, [Old No.8], Crescent Road Shenoy Nagar, Chennai, Tamil Nadu, 600030.

  • When was Sri Lakshmi Saraswathi Spintex Limited incorporated?

    Sri Lakshmi Saraswathi Spintex Limited was incorporated on 20 December 2010.

  • Who are the current directors of Sri Lakshmi Saraswathi Spintex Limited?

    The current directors of Sri Lakshmi Saraswathi Spintex Limited are

  • What is the primary industry of Sri Lakshmi Saraswathi Spintex Limited?

    The primary industry of Sri Lakshmi Saraswathi Spintex Limited is Manufacturing.

  • Is Sri Lakshmi Saraswathi Spintex Limited a listed company?

    Sri Lakshmi Saraswathi Spintex Limited is unlisted.

  • What is the capital structure of Sri Lakshmi Saraswathi Spintex Limited?

    The authorized capital of Sri Lakshmi Saraswathi Spintex Limited is ₹14.00 Cr, and the paid-up capital is ₹12.60 Cr.

  • What is the compliance status of Sri Lakshmi Saraswathi Spintex Limited?

    The compliance status of Sri Lakshmi Saraswathi Spintex Limited is Active Non-Compliant.

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