Sri Sivajothi Spinning Mills Profile
Key Indicators
- Authorised Capital ₹ 9.50 M
- Paid Up Capital ₹ 7.79 M
- Company Age 29 Year, 3 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 three 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
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
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- Cash Flow
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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)
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- 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)
₹807.16 M
₹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.
