Sri Ratnalakshmi Spinning Mills Private Limited

Manufactures cotton yarn and cloth since 1994 in Periyar, Tamil Nadu.

1994 | Erode, Tamil Nadu (India) | Active
Last Updated:

Sri Ratnalakshmi Spinning Mills Profile

Key Indicators

  • Authorised Capital ₹ 4.00 Cr
  • Paid Up Capital ₹ 3.65 Cr
  • Company Age 30 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 36.65 Cr
  • Satisfied Charges ₹ 47.13 Cr
  • Revenue Growth 8.60%
  • Profit Growth -34.01%
  • Ebitda 1.41%
  • Net Worth 4.97%
  • Total Assets -2.82%

About Sri Ratnalakshmi Spinning Mills

Sri Ratnalakshmi Spinning Mills Private Limited (SRSMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 02 December 1994 and has a history of 30 years and five months. Its registered office is in Erode, Tamil Nadu, India.

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 4.00 Cr and a paid-up capital of Rs 3.65 Cr.

The company currently has active open charges totaling ₹36.65 Cr. The company has closed loans amounting to ₹47.13 Cr, as per Ministry of Corporate Affairs (MCA) records.

Kavandampalayam Vasudevan, Mahesh Thuhillmallawen, Karattupalayam Chinnannan, and One other member serve as directors at the Company.

Company Details

  • Location

    Erode, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U17111TZ1994PTC005557

  • Company No.

    005557

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    02 Dec 1994

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Manufacturing
Company report

Sri Ratnalakshmi Spinning Mills Private Limited

Explore comprehensive data for Sri Ratnalakshmi Spinning Mills Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

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

Board Members (4)

NameDesignationAppointment DateStatus
Kavandampalayam Vasudevan Country flag representing In Director 27-May-2020Current
Mahesh Thuhillmallawen Country flag representing In Director 03-Jul-2020Current
Karattupalayam Chinnannan Country flag representing In Additional Director 16-Dec-2021Current
Thangavel Kanthimathi Country flag representing In Additional Director 24-Apr-2024Current

Financial Performance of Sri Ratnalakshmi Spinning Mills.

Sri Ratnalakshmi Spinning Mills Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 8.6% increase. The company also saw a substantial fall in profitability, with a 34.01% decrease in profit. The company's net worth moved up by a moderate rise of 4.97%.

Sri Ratnalakshmi Spinning Mills revenue growth over time
Sri Ratnalakshmi Spinning Mills 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
8.60%
Revenue from Operations
8.54%
Total Assets
-2.82%
Profit or Loss
-34.01%
Net Worth
4.97%
EBITDA
1.41%

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

In 2021, Sri Ratnalakshmi Spinning Mills had a public 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

₹36.65 Cr

Satisfied Charges

₹47.13 Cr

Charges Breakdown by Lending Institutions

  • Tamilnad Mercantile Bank Limited : 31.31 Cr
  • Sidbi : 5.00 Cr
  • Hdfc Bank Limited : 0.34 Cr

Latest Charge Details

DateLenderAmountStatus
03 Jul 2024Sidbi₹5.00 CrOpen
29 Oct 2020Tamilnad Mercantile Bank Limited₹31.31 CrOpen
20 Oct 2020Hdfc Bank Limited₹3.40 MOpen
29 Oct 2020Tamilnad Mercantile Bank Limited₹12.44 CrSatisfied
19 Aug 2017Others₹2.50 CrSatisfied

How Many Employees Work at Sri Ratnalakshmi Spinning Mills?

Sri Ratnalakshmi Spinning Mills has a workforce of 26 employees as of Apr 06, 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 Ratnalakshmi Spinning Mills Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Sri Ratnalakshmi 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 Ratnalakshmi 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 Ratnalakshmi Spinning Mills

Recent activity within the organization

  • Charges

    A charge with Sidbi amounted to Rs. 5.00 Cr with Charge ID 100944204 was registered on 03 Jul 2024.

  • Charges

    A charge with Tamilnad Mercantile Bank Limited of Rs. 31.31 Cr registered on 29 Oct 2020 with Charge ID 100390724 was modified on 26 Apr 2024.

  • Director Appointment

    Thangavel Kanthimathi was appointed as a Additional Director was appointed as a Additional Director on 24 Apr 2024 & has been associated with this company since 1 year 12 days .

  • Annual General Meeting

    Sri Ratnalakshmi Spinning Mills Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Sri Ratnalakshmi Spinning Mills Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Coimbatore.

  • Director Appointment

    Karattupalayam Ponnuraj Chinnannan was appointed as a Additional Director was appointed as a Additional Director on 16 Dec 2021 & has been associated with this company since 3 years 4 months .

Frequently asked questions

  • What is the Incorporation or founding date of Sri Ratnalakshmi Spinning Mills Private Limited?

    Sri Ratnalakshmi Spinning Mills Private Limited was incorporated on 02 Dec 1994.

  • What is authorized share capital and paid-up capital of Sri Ratnalakshmi Spinning Mills Private Limited?

    The authorized share capital of Sri Ratnalakshmi Spinning Mills Private Limited is ₹ 4.00 Cr and paid-up capital is ₹ 3.65 Cr.

  • Who are the current board members & directors of Sri Ratnalakshmi Spinning Mills Private Limited?

    Currently 4 directors are associated with Sri Ratnalakshmi Spinning Mills Private Limited.

    • Kavandampalayam Senniappa Gounder Vasudevan
    • Mahesh Thuhillmallawen
    • Karattupalayam Ponnuraj Chinnannan
    • Thangavel Kanthimathi

  • What is the registered address of Sri Ratnalakshmi Spinning Mills Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Sri Ratnalakshmi Spinning Mills Private Limited is Vasu Palace 1, Perumal Koil Street India, Gobichettipalayam, Tamil Nadu, 638452.

  • What is the corporate identification number (CIN) and company number of Sri Ratnalakshmi Spinning Mills Private Limited?

    The corporate identification number (CIN) of Sri Ratnalakshmi Spinning Mills Private Limited is U17111TZ1994PTC005557 and the company number is 005557 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Sri Ratnalakshmi Spinning Mills Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Sri Ratnalakshmi Spinning Mills Private Limited has risen by 8.60%.

  • How many employees does Sri Ratnalakshmi Spinning Mills Private Limited currently have?

    As Per 2023 financial reports, 26 employees are currently employed by Sri Ratnalakshmi Spinning Mills Private Limited.

  • What change has been observed in the net worth of Sri Ratnalakshmi Spinning Mills Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Sri Ratnalakshmi Spinning Mills Private Limited has experienced an upsurge of 4.97%.

  • What are the total open charges for Sri Ratnalakshmi Spinning Mills Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Sri Ratnalakshmi Spinning Mills Private Limited amount to ₹ 36.65 Cr.

  • When was the last Balance Sheet of Sri Ratnalakshmi Spinning Mills Private Limited filed with the ROC?

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

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