Sri Saravana Mills Profile
Key Indicators
- Authorised Capital ₹ 10.00 Cr
as on 24-10-2024
- Paid Up Capital ₹ 3.71 Cr
as on 24-10-2024
- Company Age 41 Year, 6 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 434.24 Cr
as on 24-10-2024
- Satisfied Charges ₹ 733.70 Cr
as on 24-10-2024
- Revenue -14.32%
(FY 2023)
- Profit -57.84%
(FY 2023)
- Ebitda -36.29%
(FY 2023)
- Net Worth 7.93%
(FY 2023)
- Total Assets -7.66%
(FY 2023)
About Sri Saravana Mills
The Corporate was formerly known as Sri Saravana 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 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.
Jaikumar Krishnasamy, Vanitha Jaikumar, Nithin Hariharann, and One other member serve as directors at the Company.
- 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
Company Details
- Location
Dindigul, Tamil Nadu, India
- Telephone
- Email Address
- Website
- Social Media-
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 |
|---|---|---|---|
| Vanitha Jaikumar | Whole-Time Director | 11-May-2016 | Current |
| Nithin Hariharann | Additional Director | 18-Mar-2024 | Current |
| Subbaiah Palanivel | Director | 28-Mar-2023 | 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 LimitedActive 8 years 4 monthsJaikumar Krishnasamy and Nithin Hariharann are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Hdfc Bank Limited Creation Date: 13 May 2024 | ₹4.73 Cr | Open |
Hdfc Bank Limited Creation Date: 19 Oct 2023 | ₹9.01 M | Open |
Hdfc Bank Limited Creation Date: 25 Jul 2021 | ₹8.90 Cr | 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.
