Sri Saravana Mills Profile
Key Indicators
- Authorised Capital ₹ 10.00 Cr
- Paid Up Capital ₹ 3.71 Cr
- Company Age 41 Year, 9 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 434.24 Cr
- Satisfied Charges ₹ 733.70 Cr
- Revenue Growth -14.32%
- Profit Growth -57.84%
- Ebitda -36.29%
- Net Worth 7.93%
- Total Assets -7.66%
About Sri Saravana Mills
Sri Saravana Mills Private Limited (SSMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 10 June 1983 and has a history of 41 years and nine months. Its registered office is in Dindigul, Tamil Nadu, India.
The Corporate was formerly known as Saravana Spinning Mills 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 10.00 Cr and a paid-up capital of Rs 3.71 Cr.
The company currently has active open charges totaling ₹434.24 Cr. The company has closed loans amounting to ₹733.70 Cr, as per Ministry of Corporate Affairs (MCA) records.
Nithin Hariharann, Subbaiah Palanivel, Vanitha Jaikumar, and One other member serve as directors at the Company.
Company Details
- Location
Dindigul, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U17111TZ1983PTC001296
- Company No.
001296
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
10 Jun 1983
- Date of AGM
28 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Coimbatore
Industry
Manufacturing
Who are the key members and board of directors at Sri Saravana Mills?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Jaikumar Krishnasamy  | Managing Director | 01-Oct-1997 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Nithin Hariharann | Additional Director | 18-Mar-2024 | Current |
| Subbaiah Palanivel | Director | 28-Mar-2023 | Current |
| Vanitha Jaikumar | Whole-Time Director | 11-May-2016 | Current |
Financial Performance of Sri Saravana Mills.
Sri Saravana Mills Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 14.32% decrease. The company also saw a substantial fall in profitability, with a 57.84% decrease in profit. The company's net worth moved up by a moderate rise of 7.93%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Sri Saravana Mills?
In 2023, Sri Saravana 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.
Related Corporates (Common Directorship)
Color Jerseys Private LimitedNithin Hariharann and Jaikumar Krishnasamy are mutual person
Charges (Loans)
Open Charges
₹434.24 Cr
Satisfied Charges
₹733.70 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 157.06 Cr
- Hdfc Bank Limited : 107.85 Cr
- Axis Bank Limited : 82.88 Cr
- Others : 49.73 Cr
- Idbi Bank Limited : 25.24 Cr
- Others : 11.49 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 13 May 2024 | Hdfc Bank Limited | ₹4.73 Cr | Open |
| 19 Oct 2023 | Hdfc Bank Limited | ₹9.01 M | Open |
| 25 Jul 2021 | Hdfc Bank Limited | ₹8.90 Cr | Open |
| 21 Dec 2020 | Idbi Bank Limited | ₹10.24 Cr | Open |
| 31 Oct 2020 | Hdfc Bank Limited | ₹8.85 M | Open |
How Many Employees Work at Sri Saravana Mills?
Sri Saravana Mills has a workforce of 1514 employees as of Apr 09, 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 Saravana 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 Saravana 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.
Latest Updates, News, and FAQs on Sri Saravana Mills
Recent activity within the organization
- Charges
A charge with Axis Bank Limited of Rs. 82.67 Cr registered on 11 Jan 2017 with Charge ID 100075196 was modified on 01 Jul 2024.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 4.73 Cr with Charge ID 100929909 was registered on 13 May 2024.
- Director Appointment
Nithin Hariharann was appointed as a Additional Director was appointed as a Additional Director on 18 Mar 2024 & has been associated with this company since 1 year 11 days .
- Charges
A charge with State Bank Of India of Rs. 157.06 Cr registered on 01 Feb 2018 with Charge ID 100156594 was modified on 31 Jan 2024.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.90 Cr with Charge ID 100808563 was registered on 19 Oct 2023.
- Annual General Meeting
Sri Saravana Mills Private Limited last Annual general meeting of members was held on 28 Sep 2023 as per latest MCA records.
Frequently asked questions
What is the Incorporation or founding date of Sri Saravana Mills Private Limited?
Sri Saravana Mills Private Limited was incorporated on 10 Jun 1983.
What is authorized share capital and paid-up capital of Sri Saravana Mills Private Limited?
The authorized share capital of Sri Saravana Mills Private Limited is ₹ 10.00 Cr and paid-up capital is ₹ 3.71 Cr.
Who are the current board members & directors of Sri Saravana Mills Private Limited?
Currently 4 directors are associated with Sri Saravana Mills Private Limited.
- Nithin Hariharann
- Subbaiah Palanivel
- Vanitha Jaikumar
- Jaikumar Krishnasamy
What is the registered address of Sri Saravana Mills Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Sri Saravana Mills Private Limited is Renganathapuram Kasipalayam (Post) India, Vedasandur Taluk, Tamil Nadu, 624711.
What is the corporate identification number (CIN) and company number of Sri Saravana Mills Private Limited?
The corporate identification number (CIN) of Sri Saravana Mills Private Limited is U17111TZ1983PTC001296 and the company number is 001296 as per Ministry of Corporate Affairs (MCA).
What is the official website of Sri Saravana Mills Private Limited?
The Official website of Sri Saravana Mills Private Limited is https://www.ssm-india.com
What has been the recent revenue trend for Sri Saravana Mills Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Sri Saravana Mills Private Limited has fallen by -14.32%.
How many employees does Sri Saravana Mills Private Limited currently have?
As Per 2023 financial reports, 1514 employees are currently employed by Sri Saravana Mills Private Limited.
What change has been observed in the net worth of Sri Saravana Mills Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Sri Saravana Mills Private Limited has experienced an upsurge of 7.93%.
What are the total open charges for Sri Saravana Mills Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Sri Saravana Mills Private Limited amount to ₹ 434.24 Cr.
When was the last Balance Sheet of Sri Saravana Mills Private Limited filed with the ROC?
The most recent Balance Sheet for Sri Saravana Mills Private Limited was filed with the ROC on 31 Mar 2023.
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