Sri Lakshmi Saraswathi Spintex Limited

Manufacturer and exporter of dyed fabrics and knitted garments, with plans for own brand and expansion.

2010 | Chennai, Tamil Nadu (India) | Under Liquidation
Last Updated: May 01, 2024

Sri Lakshmi Saraswathi Spintex Profile

Key Indicators

  • Authorised Capital ₹ 14.00 Cr
  • Paid Up Capital ₹ 12.60 Cr
  • Company Age 14 Year, 2 Months
  • 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%

About Sri Lakshmi Saraswathi Spintex

Sri Lakshmi Saraswathi Spintex Limited (SLSSL) is Under Liquidation company established on 20 Dec 2010 with its office registered at Chennai, Tamil Nadu, India and has been running since 14 Year, 2 Months with a paid up capital of 12.60 Cr. According to MCA records, 3 Directors are linked to this company as of 01 May 2024.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    slsgroupind.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17120TN2010PLC078474

  • Company No.

    078474

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    20 Dec 2010

  • Date of AGM

    24 Sep 2019

  • Date of Balance Sheet

    31 Mar 2019

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Manufacturing

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

Executive Team (2)

NameDesignationAppointment DateStatus
Sarath Chandra Country flag representing In Managing Director20-Dec-2010Current
Sarath Praveen Country flag representing In Managing Director20-Dec-2010Current

Board Members (1)

NameDesignationAppointment DateStatus
Banu Chandra Country flag representing In Director 20-Dec-2010Current

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%.

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
-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

Charges (Loans)

Open Charges

₹40.95 Cr

Satisfied Charges

₹5.48 Cr

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

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.

Graph showing employee growth trends

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

  • 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.

    24 Sep 2019

  • Balance Sheet

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

    31 Mar 2019

  • Charges

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

    19 Dec 2017

  • Charges

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

    21 Apr 2017

  • Charges

    A charge registered on 30 Apr 2013 via Charge ID 10502539 with Oriental Bank Of Commerce was fully satisfied on 21 Mar 2017.

    21 Mar 2017

  • Charges

    A charge registered on 11 Jul 2012 via Charge ID 10373115 with Oriental Bank Of Commerce was fully satisfied on 21 Mar 2017.

    21 Mar 2017

Frequently asked questions

  • Sri Lakshmi Saraswathi Spintex Limited was incorporated on 20 Dec 2010.

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

  • Currently 3 directors are associated with Sri Lakshmi Saraswathi Spintex Limited.

    • Sarath Chander Naveen Chandra
    • Banu Chandra Sarath Chandra
    • Sarath Chander Aditya Praveen
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sri Lakshmi Saraswathi Spintex Limited is No.9 [Old No.8] Crescent Road, Shenoy Nagar, Chennai, Tamil Nadu, India, 600030.

  • The corporate identification number (CIN) of Sri Lakshmi Saraswathi Spintex Limited is U17120TN2010PLC078474 and the company number is 078474 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Sri Lakshmi Saraswathi Spintex Limited is https://www.slsgroupind.com

  • According to the financial reports for the fiscal year 2019, the revenue trend for Sri Lakshmi Saraswathi Spintex Limited has fallen by -1.63%.

  • As Per 2019 financial reports, 7 employees are currently employed by Sri Lakshmi Saraswathi Spintex Limited.

  • The financial reports for the fiscal year 2019 indicates that The net worth of Sri Lakshmi Saraswathi Spintex Limited has experienced an downturn of -0.24%.

  • As per the financial statements for fiscal Year 2019, The total open charges for Sri Lakshmi Saraswathi Spintex Limited amount to ₹ 40.95 Cr.

  • The most recent Balance Sheet for Sri Lakshmi Saraswathi Spintex Limited was filed with the ROC on 31 Mar 2019.