Sri Sivajothi Spinning Mills Profile
Key Indicators
- Authorised Capital ₹ 9.50 M
- Paid Up Capital ₹ 7.79 M
- Company Age 29 Year, 4 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 80.72 Cr
- Satisfied Charges ₹ 61.57 Cr
- Revenue Growth -14.85%
- Profit Growth -226.86%
- Ebitda -42.80%
- Net Worth -7.02%
- Total Assets 6.82%
About Sri Sivajothi Spinning Mills
Sri Sivajothi Spinning Mills Private Limited (SSSMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 17 November 1995 and has a history of 29 years and four months. Its registered office is in Coimbatore, 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 9.50 M and a paid-up capital of Rs 7.79 M.
The company currently has active open charges totaling ₹80.72 Cr. The company has closed loans amounting to ₹61.57 Cr, as per Ministry of Corporate Affairs (MCA) records.
Vellingiri and Vellingiri Karthik 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
U17111TZ1995PTC006702
- Company No.
006702
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
17 Nov 1995
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Coimbatore
Industry
Manufacturing
What products or services does Sri Sivajothi Spinning Mills Private Limited offer?
Sri Sivajothi Spinning Mills Private Limited offers a wide range of products and services, including Cotton Yarn, Melange Cotton Yarn, Yarns & Threads, Polyester Yarn.
Who are the key members and board of directors at Sri Sivajothi Spinning Mills?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Vellingiri Karthik  | Managing Director | 27-Dec-2013 | Current |
Board Members (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Vellingiri | Director | 11-Dec-1996 | Current |
Financial Performance of Sri Sivajothi Spinning Mills.
Sri Sivajothi Spinning Mills Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 14.85% decrease. The company also saw a substantial fall in profitability, with a 226.86% decrease in profit. The company's net worth dipped by a decrease of 7.02%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Sri Sivajothi Spinning Mills?
In 2023, Sri Sivajothi Spinning 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)
Cigma Process Solutions Private LimitedVellingiri is a mutual person
Ace Agro Lubricant Product India Private LimitedVellingiri is a mutual person
- Rajvin Chemicals Private Limited
Vellingiri is a mutual person
- Veetree Green Energy Private Limited
Vellingiri is a mutual person
- Top Light Renewable Energy Private Limited
Vellingiri is a mutual person
- M.A.G Renewable Energy Private Limited
Vellingiri and Vellingiri Karthik are mutual person
Charges (Loans)
Open Charges
₹807.16 M
Satisfied Charges
₹615.71 M
Charges Breakdown by Lending Institutions
- City Union Bank Limited : 80.42 Cr
- City Union Bank Ltd : 0.30 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Sep 2024 | City Union Bank Limited | ₹1.38 Cr | Open |
| 11 Jul 2024 | City Union Bank Limited | ₹6.00 Cr | Open |
| 11 Jun 2024 | City Union Bank Limited | ₹1.59 Cr | Open |
| 28 Mar 2024 | City Union Bank Limited | ₹1.49 Cr | Open |
| 24 Jan 2024 | City Union Bank Limited | ₹0.32 M | Open |
How Many Employees Work at Sri Sivajothi Spinning Mills?
Sri Sivajothi Spinning Mills has a workforce of 260 employees as of Apr 07, 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 Sivajothi 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 Sivajothi Spinning 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 Sivajothi Spinning Mills
Recent activity within the organization
- Charges
A charge with City Union Bank Limited amounted to Rs. 13.81 M with Charge ID 100983754 was registered on 30 Sep 2024.
- Charges
A charge registered on 17 Nov 2023 via Charge ID 100826377 with City Union Bank Limited was fully satisfied on 04 Sep 2024.
- Charges
A charge with City Union Bank Limited amounted to Rs. 60.00 M with Charge ID 100949525 was registered on 11 Jul 2024.
- Charges
A charge with City Union Bank Limited amounted to Rs. 15.85 M with Charge ID 100943709 was registered on 11 Jun 2024.
- Charges
A charge with City Union Bank Limited amounted to Rs. 14.86 M with Charge ID 100940192 was registered on 28 Mar 2024.
- Charges
A charge with City Union Bank Limited amounted to Rs. 0.32 M with Charge ID 100874227 was registered on 24 Jan 2024.
Frequently asked questions
What is the Incorporation or founding date of Sri Sivajothi Spinning Mills Private Limited?
Sri Sivajothi Spinning Mills Private Limited was incorporated on 17 Nov 1995.
What is authorized share capital and paid-up capital of Sri Sivajothi Spinning Mills Private Limited?
The authorized share capital of Sri Sivajothi Spinning Mills Private Limited is ₹ 9.50 M and paid-up capital is ₹ 7.79 M.
Who are the current board members & directors of Sri Sivajothi Spinning Mills Private Limited?
Currently 2 directors are associated with Sri Sivajothi Spinning Mills Private Limited.
- Vellingiri
- Vellingiri Karthik
What is the registered address of Sri Sivajothi Spinning Mills Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Sri Sivajothi Spinning Mills Private Limited is S F No 896 Suriyan Nagar Abt Road New Extension India, Tirupur, Tamil Nadu, 641604.
What is the corporate identification number (CIN) and company number of Sri Sivajothi Spinning Mills Private Limited?
The corporate identification number (CIN) of Sri Sivajothi Spinning Mills Private Limited is U17111TZ1995PTC006702 and the company number is 006702 as per Ministry of Corporate Affairs (MCA).
What is the official website of Sri Sivajothi Spinning Mills Private Limited?
The Official website of Sri Sivajothi Spinning Mills Private Limited is https://www.srisivajothi.com
What has been the recent revenue trend for Sri Sivajothi Spinning Mills Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Sri Sivajothi Spinning Mills Private Limited has fallen by -14.85%.
How many employees does Sri Sivajothi Spinning Mills Private Limited currently have?
As Per 2023 financial reports, 260 employees are currently employed by Sri Sivajothi Spinning Mills Private Limited.
What change has been observed in the net worth of Sri Sivajothi Spinning Mills Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Sri Sivajothi Spinning Mills Private Limited has experienced an downturn of -7.02%.
What are the total open charges for Sri Sivajothi Spinning Mills Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Sri Sivajothi Spinning Mills Private Limited amount to ₹ 80.72 Cr.
When was the last Balance Sheet of Sri Sivajothi Spinning Mills Private Limited filed with the ROC?
The most recent Balance Sheet for Sri Sivajothi Spinning Mills Private Limited was filed with the ROC on 31 Mar 2023.