Sri Sankari Yarns Private Limited
Produces open-ended yarn for home furnishing products using waste cotton, with spinning mill and power generation.
2007 | Coimbatore, Tamil Nadu (India) | Active
Sri Sankari Yarns Profile
Key Indicators
- Authorised Capital ₹ 9.50 M
- Paid Up Capital ₹ 9.50 M
- Company Age 18 Year, 16 Days
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 37.21 Cr
- Satisfied Charges ₹ 17.60 Cr
- Revenue Growth -7.39%
- Profit Growth -61.25%
- Ebitda -6.86%
- Net Worth 3.28%
- Total Assets -0.38%
About Sri Sankari Yarns
Sri Sankari Yarns Private Limited (SSYPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 04 May 2007 and has a history of 18 years. Its registered office is in Coimbatore, Tamil Nadu, India.
The Company is engaged in the Energy And Power 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 9.50 M and a paid-up capital of Rs 9.50 M.
The company currently has active open charges totaling ₹37.21 Cr. The company has closed loans amounting to ₹17.60 Cr, as per Ministry of Corporate Affairs (MCA) records.
Shanmugasundaram Sudhan and Sudhan Kavitha serve as directors at the Company.
Company Details
- Location
Coimbatore, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U17111TZ2007PTC013690
- Company No.
013690
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
04 May 2007
- Date of AGM
16 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Coimbatore
Industry
Energy and Power
Manufacturing
Sri Sankari Yarns Private Limited
Explore comprehensive data for Sri Sankari Yarns Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Sri Sankari Yarns?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Shanmugasundaram Sudhan  | Managing Director | 04-May-2007 | Current |
Board Members (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Sudhan Kavitha | Whole-Time Director | 04-May-2007 | Current |
Financial Performance of Sri Sankari Yarns.
Sri Sankari Yarns Private Limited, for the financial year ended 2021, experienced Minor drop in revenue, with a 7.39% decrease. The company also saw a substantial fall in profitability, with a 61.25% decrease in profit. The company's net worth moved up by a moderate rise of 3.28%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Sri Sankari Yarns?
In 2021, Sri Sankari Yarns had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
- Kanakathara Estates Llp
Shanmugasundaram Sudhan and Sudhan Kavitha are mutual person
- Dhyana Enterprises Private Limited
Shanmugasundaram Sudhan is a mutual person
- Sri Matha Spinning Mills Private Limited
Shanmugasundaram Sudhan and Sudhan Kavitha are mutual person
Charges (Loans)
Open Charges
₹372.10 M
Satisfied Charges
₹176.00 M
Charges Breakdown by Lending Institutions
- State Bank Of India : 28.51 Cr
- Axis Bank Limited : 8.70 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Dec 2021 | Axis Bank Limited | ₹8.70 Cr | Open |
| 29 Oct 2007 | State Bank Of India | ₹28.51 Cr | Open |
| 24 Oct 2014 | Others | ₹10.00 Cr | Satisfied |
| 24 Oct 2011 | Axis Bank Limited | ₹7.60 Cr | Satisfied |
How Many Employees Work at Sri Sankari Yarns?
Sri Sankari Yarns has a workforce of 445 employees as of Mar 22, 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 Sankari Yarns, 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 Sankari Yarns'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.
Latest Updates, News, and FAQs on Sri Sankari Yarns
Recent activity within the organization
- Annual General Meeting
Sri Sankari Yarns Private Limited last Annual general meeting of members was held on 16 Sep 2024 as per latest MCA records.
- Balance Sheet
Sri Sankari Yarns Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore.
- Charges
A charge with Axis Bank Limited of Rs. 87.00 M registered on 28 Dec 2021 with Charge ID 100525837 was modified on 19 May 2022.
- Charges
A charge with State Bank Of India of Rs. 285.10 M registered on 29 Oct 2007 with Charge ID 10081405 was modified on 21 Jan 2022.
- Charges
A charge with Axis Bank Limited amounted to Rs. 87.00 M with Charge ID 100525837 was registered on 28 Dec 2021.
- Charges
A charge registered on 24 Oct 2011 via Charge ID 10313712 with Axis Bank Limited was fully satisfied on 01 Jul 2019.
Frequently asked questions
What is the Incorporation or founding date of Sri Sankari Yarns Private Limited?
Sri Sankari Yarns Private Limited was incorporated on 04 May 2007.
What is authorized share capital and paid-up capital of Sri Sankari Yarns Private Limited?
The authorized share capital of Sri Sankari Yarns Private Limited is ₹ 9.50 M and paid-up capital is ₹ 9.50 M.
Who are the current board members & directors of Sri Sankari Yarns Private Limited?
Currently 2 directors are associated with Sri Sankari Yarns Private Limited.
- Shanmugasundaram Muthu Karthikeyan Sudhan
- Sudhan Kavitha
What is the registered address of Sri Sankari Yarns Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Sri Sankari Yarns Private Limited is No.48 (Old No.27) Kangayam Road Cotton Market India, Tirupur, Tamil Nadu, 641604.
What is the corporate identification number (CIN) and company number of Sri Sankari Yarns Private Limited?
The corporate identification number (CIN) of Sri Sankari Yarns Private Limited is U17111TZ2007PTC013690 and the company number is 013690 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Sri Sankari Yarns Private Limited?
According to the financial reports for the fiscal year 2021, the revenue trend for Sri Sankari Yarns Private Limited has fallen by -7.39%.
How many employees does Sri Sankari Yarns Private Limited currently have?
As Per 2021 financial reports, 445 employees are currently employed by Sri Sankari Yarns Private Limited.
What change has been observed in the net worth of Sri Sankari Yarns Private Limited, and by what percentage?
The financial reports for the fiscal year 2021 indicates that The net worth of Sri Sankari Yarns Private Limited has experienced an upsurge of 3.28%.
What are the total open charges for Sri Sankari Yarns Private Limited?
As per the financial statements for fiscal Year 2021, The total open charges for Sri Sankari Yarns Private Limited amount to ₹ 37.21 Cr.
When was the last Balance Sheet of Sri Sankari Yarns Private Limited filed with the ROC?
The most recent Balance Sheet for Sri Sankari Yarns Private Limited was filed with the ROC on 31 Mar 2024.
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