Sri Matha Spinning Mills Private Limited

Produces cotton yarn and exports to Sri Lanka and Bangladesh, with additional investment in windmills.

1998 | Coimbatore District, Tamil Nadu (India) | Active
Last Updated: July 04, 2024

Sri Matha Spinning Mills Profile

Key Indicators

  • Authorised Capital ₹ 9.50 M
  • Paid Up Capital ₹ 9.50 M
  • Company Age 26 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 148.30 Cr
  • Satisfied Charges ₹ 322.97 Cr
  • Revenue Growth -10.14%
  • Profit Growth -108.67%
  • Ebitda -91.16%
  • Net Worth -1.68%
  • Total Assets 0.86%

About Sri Matha Spinning Mills

Sri Matha Spinning Mills Private Limited (SMSMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 02 November 1998 and has a history of 26 years and three months. Its registered office is in Coimbatore District, Tamil Nadu, India.

The Company is engaged in the Environment 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 9.50 M and a paid-up capital of Rs 9.50 M.

The company currently has active open charges totaling ₹148.30 Cr. The company has closed loans amounting to ₹322.97 Cr, as per Ministry of Corporate Affairs (MCA) records.

Sudhan Kavitha and Shanmugasundaram Sudhan serve as directors at the Company.

Company Details

  • Location

    Coimbatore District, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17111TZ1998PTC008633

  • Company No.

    008633

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    02 Nov 1998

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Environment
Manufacturing

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

Executive Team (1)

NameDesignationAppointment DateStatus
Shanmugasundaram Sudhan Country flag representing In Managing Director01-Jun-2022Current

Board Members (1)

NameDesignationAppointment DateStatus
Sudhan Kavitha Country flag representing In Whole-Time Director 01-Jun-2022Current

Financial Performance of Sri Matha Spinning Mills.

Sri Matha Spinning Mills Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 10.14% decrease. The company also saw a substantial fall in profitability, with a 108.67% decrease in profit. The company's net worth dipped by a decrease of 1.68%.

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
-10.14%
Revenue from Operations
-10.20%
Total Assets
0.86%
Profit or Loss
-108.67%
Net Worth
-1.68%
EBITDA
-91.16%

What is the Ownership and Shareholding Structure of Sri Matha Spinning Mills?

In 2023, Sri Matha Spinning Mills 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

₹1,483.00 M

Satisfied Charges

₹3,229.74 M

Charges Breakdown by Lending Institutions

  • State Bank Of India : 123.55 Cr
  • Axis Bank Limited : 24.75 Cr

Latest Charge Details

DateLenderAmountStatus
30 Dec 2021Axis Bank Limited₹24.75 CrOpen
02 Mar 2015State Bank Of India₹108.55 CrOpen
02 Mar 2015State Bank Of India₹15.00 CrOpen
14 Feb 2013State Bank Of India₹20.00 CrSatisfied
19 Mar 2012Idbi Bank Limited₹15.00 CrSatisfied

How Many Employees Work at Sri Matha Spinning Mills?

Sri Matha Spinning Mills has a workforce of 1271 employees as of Apr 04, 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 Matha Spinning Mills, 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 Matha Spinning Mills'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 Matha Spinning Mills

Recent activity within the organization

  • Annual General Meeting

    Sri Matha Spinning Mills 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 Matha Spinning Mills 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 State Bank Of India of Rs. 1,085.50 M registered on 02 Mar 2015 with Charge ID 10552558 was modified on 15 Jul 2022.

    15 Jul 2022

  • Director Appointment

    Sudhan Kavitha was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 01 Jun 2022 & has been associated with this company since 2 years 8 months .

    01 Jun 2022

  • Director Appointment

    Shanmugasundaram Muthu Karthikeyan Sudhan was appointed as a Managing Director was appointed as a Managing Director on 01 Jun 2022 & has been associated with this company since 2 years 8 months .

    01 Jun 2022

  • Charges

    A charge with Axis Bank Limited of Rs. 247.50 M registered on 30 Dec 2021 with Charge ID 100524707 was modified on 19 May 2022.

    19 May 2022

Frequently asked questions

  • Sri Matha Spinning Mills Private Limited was incorporated on 02 Nov 1998.

  • The authorized share capital of Sri Matha Spinning Mills Private Limited is ₹ 9.50 M and paid-up capital is ₹ 9.50 M.

  • Currently 2 directors are associated with Sri Matha Spinning Mills Private Limited.

    • Sudhan Kavitha
    • Shanmugasundaram Muthu Karthikeyan Sudhan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sri Matha Spinning Mills Private Limited is 207Mangalam Road Karuvampalayam Tirupur, Coimbatore District, Tamil Nadu, India, 641604.

  • The corporate identification number (CIN) of Sri Matha Spinning Mills Private Limited is U17111TZ1998PTC008633 and the company number is 008633 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Sri Matha Spinning Mills Private Limited has fallen by -10.14%.

  • As Per 2023 financial reports, 1271 employees are currently employed by Sri Matha Spinning Mills Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Sri Matha Spinning Mills Private Limited has experienced an downturn of -1.68%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Sri Matha Spinning Mills Private Limited amount to ₹ 148.30 Cr.

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

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