Sri Ramiah Spinners Profile
Key Indicators
- Authorised Capital ₹ 10.50 Cr
- Paid Up Capital ₹ 10.50 Cr
- Company Age 25 Year, 5 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 11.50 Cr
- Satisfied Charges ₹ 5.00 Cr
- Revenue Growth -99.97%
- Profit Growth -1543.06%
- Ebitda 72.36%
- Net Worth -39.29%
- Total Assets -19.73%
About Sri Ramiah Spinners
Sri Ramiah Spinners Limited (SRSL) is a Public Limited Indian Non-Government Company incorporated in India on 21 September 1999 and has a history of 25 years and five months. Its registered office is in Madurai, Tamil Nadu, India.
The Corporate was formerly known as Sri Ramiah Spinners P 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 2024. It's a company limited by shares with an authorized capital of Rs 10.50 Cr and a paid-up capital of Rs 10.50 Cr.
The company currently has active open charges totaling ₹11.50 Cr. The company has closed loans amounting to ₹5.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Sri Ramiah Spinners Limited India are Karuppasamy Rameshkrishnan as CFO and Karuppasamy Krishnan as Cfo. Gopalakrishnayadav Parameswaran, Ramiah Rengasamy, Ramar Esakkimuthu, and One other member serve as directors at the Company.
Company Details
- Location
Madurai, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
-
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U17111TN1999PLC043204
- Company No.
043204
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
21 Sep 1999
- Date of AGM
14 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Who are the key members and board of directors at Sri Ramiah Spinners?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Karuppasamy Rameshkrishnan  | CFO | 13-Mar-2017 | Current |
| Karuppasamy Krishnan | CFO | 13-Mar-2017 | Current |
| Ramaiah Karuppasamy | Managing Director | 15-Sep-2017 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Gopalakrishnayadav Parameswaran | Director | 13-Mar-2017 | Current |
| Ramiah Rengasamy | Director | 21-Sep-1999 | Current |
| Ramar Esakkimuthu | Director | 13-Mar-2017 | Current |
Financial Performance of Sri Ramiah Spinners.
Sri Ramiah Spinners Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 99.97% decrease. The company also saw a substantial fall in profitability, with a 1543.06% decrease in profit. The company's net worth observed a substantial decline by a decrease of 39.29%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations | |||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Sri Ramiah Spinners?
In 2020, Sri Ramiah Spinners had a promoter holding of 99.45% and a public holding of 0.55%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Pondicherry Chlorate LtdRamiah Rengasamy and Ramaiah Karuppasamy are mutual person
- Aravind Chemical Products Pvt. Ltd.
Ramaiah Karuppasamy is a mutual person
- Alaguram Securities Private Limited
Ramaiah Karuppasamy is a mutual person
Charges (Loans)
₹11.50 Cr
₹5.00 Cr
Charges Breakdown by Lending Institutions
- Indian Bank : 11.50 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 11 Feb 1998 | Indian Bank | ₹5.35 Cr | Open |
| 11 Feb 1998 | Indian Bank | ₹6.15 Cr | Open |
| 31 Mar 2016 | Others | ₹1.00 Cr | Satisfied |
| 17 Feb 2015 | Mr. R. Ramachandran F.C.A. | ₹2.00 Cr | Satisfied |
| 17 May 2005 | Mr. R. Ramachandran F.C.A., | ₹1.00 Cr | Satisfied |
How Many Employees Work at Sri Ramiah Spinners?
Unlock and access historical data on people associated with Sri Ramiah Spinners, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Sri Ramiah 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 Ramiah Spinners'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.
