Sri Parameswari Spinning Mills Profile
Key Indicators
- Authorised Capital ₹ 35.00 Cr
- Paid Up Capital ₹ 27.79 Cr
- Company Age 44 Year, 7 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 193.94 Cr
- Satisfied Charges ₹ 131.14 Cr
- Revenue Growth -18.87%
- Profit Growth -79.95%
- Ebitda -46.02%
- Net Worth 3.53%
- Total Assets 8.82%
About Sri Parameswari Spinning Mills
Sri Parameswari Spinning Mills Private Limited (SPSMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 01 July 1980 and has a history of 44 years and seven months. Its registered office is in Aruppukottai Taluk, Tamil Nadu, India.
The Corporate was formerly known as Kamaraj Spinning Mills Private Limited. 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 35.00 Cr and a paid-up capital of Rs 27.79 Cr.
The company currently has active open charges totaling ₹193.94 Cr. The company has closed loans amounting to ₹131.14 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Sri Parameswari Spinning Mills Private Limited India is Bhag Sharma as COMPANY SECRETARY. Ramasamy Renugadevi, Gopalsamy Ravi, and Gopalsamy Rajagopal serve as directors at the Company.
Company Details
- Location
Aruppukottai Taluk, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U18101TN1980PTC008322
- Company No.
008322
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
01 Jul 1980
- Date of AGM
29 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Who are the key members and board of directors at Sri Parameswari Spinning Mills?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Bhag Sharma | Company Secretary | 29-Mar-2024 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ramasamy Renugadevi  | Director | 04-Jan-2013 | Current |
| Gopalsamy Ravi | Director | 04-Jan-2013 | Current |
| Gopalsamy Rajagopal | Director | 22-Aug-2022 | Current |
Financial Performance of Sri Parameswari Spinning Mills.
Sri Parameswari Spinning Mills Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 18.87% decrease. The company also saw a substantial fall in profitability, with a 79.95% decrease in profit. The company's net worth moved up by a moderate rise of 3.53%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Sri Parameswari Spinning Mills?
In 2023, Sri Parameswari Spinning Mills had a promoter holding of 53.68% and a public holding of 46.32%. The company had 2 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Versatile Card Technology Private LimitedRamasamy Renugadevi and Gopalsamy Rajagopal are mutual person
Madurai Integrated Textile Park Private LimitedGopalsamy Ravi is a mutual person
Celegence Systems Private LimitedGopalsamy Ravi and Gopalsamy Rajagopal are mutual person
Aruppukottai Shri Vijayalakshmi Textile Mills P LtdRamasamy Renugadevi and Gopalsamy Ravi are mutual person
Jaya Velu Spinning Mills Private LimitedRamasamy Renugadevi, Gopalsamy Ravi and 1 more are mutual person
- Jayaarun Spinning Mills Private Limited
Gopalsamy Ravi is a mutual person
Charges (Loans)
₹193.94 Cr
₹131.14 Cr
Charges Breakdown by Lending Institutions
- Canara Bank : 78.63 Cr
- The Catholic Syrian Bank Ltd : 36.00 Cr
- Others : 35.00 Cr
- State Bank Of India : 18.00 Cr
- The South Indian Bank Limited : 15.00 Cr
- Others : 11.31 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Jan 2023 | The Catholic Syrian Bank Ltd | ₹36.00 Cr | Open |
| 08 Dec 2022 | State Bank Of India | ₹18.00 Cr | Open |
| 14 Sep 2021 | Others | ₹15.00 Cr | Open |
| 31 Mar 2021 | Others | ₹20.00 Cr | Open |
| 24 Dec 2018 | The South Indian Bank Limited | ₹15.00 Cr | Open |
How Many Employees Work at Sri Parameswari Spinning Mills?
Sri Parameswari Spinning Mills has a workforce of 1159 employees as of Mar 28, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Sri Parameswari 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 Parameswari Spinning Mills's trajectory.
Rating
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
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.
