Sri Shanmugavel Mills Private Limited
Leading textile company with spinning, weaving, and windmill divisions, also producing home textiles.
1980 | Coimbatore, Tamil Nadu (India) | Active
Sri Shanmugavel Mills Profile
Key Indicators
- Authorised Capital ₹ 1.50 Cr
- Paid Up Capital ₹ 1.47 Cr
- Company Age 45 Year, 18 Days
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 788.28 Cr
- Satisfied Charges ₹ 778.26 Cr
- Revenue Growth -7.77%
- Profit Growth 56.93%
- Ebitda 62.43%
- Net Worth 10.71%
- Total Assets 13.88%
About Sri Shanmugavel Mills
Sri Shanmugavel Mills Private Limited (SSMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 24 April 1980 and has a history of 45 years. Its registered office is in Coimbatore, Tamil Nadu, India.
The Corporate was formerly known as Sri Shanmugavel 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 1.50 Cr and a paid-up capital of Rs 1.47 Cr.
The company currently has active open charges totaling ₹788.28 Cr. The company has closed loans amounting to ₹778.26 Cr, as per Ministry of Corporate Affairs (MCA) records.
Kandaswamy Shanmugavel, Shanmugavel Veenaabirami, Shanmugavel Siddarth, and Two other members 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
U17111TZ1980PTC000935
- Company No.
000935
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
24 Apr 1980
- Date of AGM
29 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Coimbatore
Industry
Manufacturing
Environment
Sri Shanmugavel Mills Private Limited
Explore comprehensive data for Sri Shanmugavel Mills Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Sri Shanmugavel Mills?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Kandaswamy Shanmugavel  | Managing Director | 11-Oct-1999 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Shanmugavel Veenaabirami | Whole-Time Director | 01-Jun-2022 | Current |
| Shanmugavel Siddarth | Whole-Time Director | 03-Mar-2023 | Current |
| Shakthivel Mukund | Whole-Time Director | 01-Jun-2024 | Current |
| Karuppasamy Krishnan | Director | 29-Aug-2024 | Current |
Financial Performance of Sri Shanmugavel Mills.
Sri Shanmugavel Mills Private Limited, for the financial year ended 2021, experienced Minor drop in revenue, with a 7.77% decrease. The company also saw a substantial improvement in profitability, with a 56.93% increase in profit. The company's net worth Soared by an impressive increase of 10.71%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Sri Shanmugavel Mills?
In 2021, Sri Shanmugavel 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.
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Kandaswamy Shanmugavel is a mutual person
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Kandaswamy Shanmugavel and Shanmugavel Siddarth are mutual person
Charges (Loans)
Open Charges
₹788.28 Cr
Satisfied Charges
₹778.26 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 512.65 Cr
- Canara Bank : 184.63 Cr
- Axis Bank Limited : 91.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 May 2024 | Canara Bank | ₹72.94 Cr | Open |
| 16 Mar 2023 | Canara Bank | ₹111.69 Cr | Open |
| 14 Nov 2022 | State Bank Of India | ₹199.95 Cr | Open |
| 20 Oct 2022 | Axis Bank Limited | ₹91.00 Cr | Open |
| 20 Mar 2015 | State Bank Of India | ₹272.70 Cr | Open |
How Many Employees Work at Sri Shanmugavel Mills?
Sri Shanmugavel Mills has a workforce of 2807 employees as of Apr 08, 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 Shanmugavel 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 Shanmugavel 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 Shanmugavel Mills
Recent activity within the organization
- Charges
A charge with Axis Bank Limited of Rs. 91.00 Cr registered on 20 Oct 2022 with Charge ID 100641865 was modified on 17 Oct 2024.
- Director Appointment
Karuppasamy Dhanabala Krishnan was appointed as a Director was appointed as a Director on 29 Aug 2024 & has been associated with this company since 8 months 13 days .
- Director Appointment
Shakthivel Mukund was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 01 Jun 2024 & has been associated with this company since 11 months 11 days .
- Charges
A charge with Canara Bank amounted to Rs. 72.94 Cr with Charge ID 100937183 was registered on 29 May 2024.
- Annual General Meeting
Sri Shanmugavel Mills Private Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.
- Charges
A charge with State Bank Of India of Rs. 199.95 Cr registered on 14 Nov 2022 with Charge ID 100662855 was modified on 15 Sep 2023.
Frequently asked questions
What is the Incorporation or founding date of Sri Shanmugavel Mills Private Limited?
Sri Shanmugavel Mills Private Limited was incorporated on 24 Apr 1980.
What is authorized share capital and paid-up capital of Sri Shanmugavel Mills Private Limited?
The authorized share capital of Sri Shanmugavel Mills Private Limited is ₹ 1.50 Cr and paid-up capital is ₹ 1.47 Cr.
Who are the current board members & directors of Sri Shanmugavel Mills Private Limited?
Currently 5 directors are associated with Sri Shanmugavel Mills Private Limited.
- Kandaswamy Shanmugavel
- Shanmugavel Veenaabirami
- Shanmugavel Sriram Siddarth
- Shakthivel Mukund
- Karuppasamy Dhanabala Krishnan
What is the registered address of Sri Shanmugavel Mills Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Sri Shanmugavel Mills Private Limited is 207Mangalam Road Tirupur India, Coimbatore Dist, Tamil Nadu, 641604.
What is the corporate identification number (CIN) and company number of Sri Shanmugavel Mills Private Limited?
The corporate identification number (CIN) of Sri Shanmugavel Mills Private Limited is U17111TZ1980PTC000935 and the company number is 000935 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Sri Shanmugavel Mills Private Limited?
According to the financial reports for the fiscal year 2021, the revenue trend for Sri Shanmugavel Mills Private Limited has fallen by -7.77%.
How many employees does Sri Shanmugavel Mills Private Limited currently have?
As Per 2021 financial reports, 2807 employees are currently employed by Sri Shanmugavel Mills Private Limited.
What change has been observed in the net worth of Sri Shanmugavel Mills Private Limited, and by what percentage?
The financial reports for the fiscal year 2021 indicates that The net worth of Sri Shanmugavel Mills Private Limited has experienced an upsurge of 10.71%.
What are the total open charges for Sri Shanmugavel Mills Private Limited?
As per the financial statements for fiscal Year 2021, The total open charges for Sri Shanmugavel Mills Private Limited amount to ₹ 788.28 Cr.
When was the last Balance Sheet of Sri Shanmugavel Mills Private Limited filed with the ROC?
The most recent Balance Sheet for Sri Shanmugavel Mills Private Limited was filed with the ROC on 31 Mar 2023.
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