Sri Sivanmalai Andavar Spinning Mills Private Limited

Manufactures yarn in Tamil Nadu since 1994.

1994 | Erode, Tamil Nadu (India) | Active
Last Updated: December 04, 2024

Sri Sivanmalai Andavar Spinning Mills Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 8.50 M
  • Company Age 30 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 4.42 Cr
  • Satisfied Charges ₹ 1.50 Cr
  • Revenue Growth 38.52%
  • Profit Growth 59.66%
  • Ebitda -49.50%
  • Net Worth 3.03%
  • Total Assets 63.08%

About Sri Sivanmalai Andavar Spinning Mills

Sri Sivanmalai Andavar Spinning Mills Private Limited (SSASMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 11 August 1994 and has a history of 30 years and five months. Its registered office is in Erode, 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 1.00 Cr and a paid-up capital of Rs 8.50 M.

The company currently has active open charges totaling ₹4.42 Cr. The company has closed loans amounting to ₹1.50 Cr, as per Ministry of Corporate Affairs (MCA) records.

Samiappan Rathinasamy and Loganathan Senthilkumar serve as directors at the Company.

Company Details

  • Location

    Erode, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17111TZ1994PTC005263

  • Company No.

    005263

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    11 Aug 1994

  • Date of AGM

    30 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 Sivanmalai Andavar Spinning Mills?

Board Members (2)

Name Designation Appointment Date Status
Samiappan Rathinasamy Country flag representing In Director 15-Jul-2021 Current
Loganathan Senthilkumar Country flag representing In Director 15-Jul-2021 Current

Financial Performance of Sri Sivanmalai Andavar Spinning Mills.

Sri Sivanmalai Andavar Spinning Mills Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 38.52% increase. The company also saw a substantial improvement in profitability, with a 59.66% increase in profit. The company's net worth moved up by a moderate rise of 3.03%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
38.52%
Revenue from Operations
39.54%
Total Assets
63.08%
Profit or Loss
59.66%
Net Worth
3.03%
EBITDA
-49.50%

What is the Ownership and Shareholding Structure of Sri Sivanmalai Andavar Spinning Mills?

In 2019, Sri Sivanmalai Andavar 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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹4.42 Cr

Satisfied Charges

₹1.50 Cr

Charges Breakdown by Lending Institutions

  • Canara Bank : 2.42 Cr
  • Axis Bank Limited : 2.00 Cr

Latest Charge Details

Date Lender Amount Status
28 Mar 2024 Axis Bank Limited ₹2.00 Cr Open
06 Oct 2022 Canara Bank ₹2.42 Cr Open
13 Feb 2010 Others ₹9.50 M Satisfied
17 Oct 1996 The Karnataka Bank Ltd ₹5.50 M Satisfied

How Many Employees Work at Sri Sivanmalai Andavar Spinning Mills?

Sri Sivanmalai Andavar Spinning Mills has a workforce of 3 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Sri Sivanmalai Andavar 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 Sivanmalai Andavar Spinning Mills's trajectory.

Rating

Graph displaying rating trends over time

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

Alert Indicator

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 Sivanmalai Andavar Spinning Mills

Recent activity within the organization

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 2.00 Cr with Charge ID 100910097 was registered on 28 Mar 2024.

    28 Mar 2024

  • Annual General Meeting

    Sri Sivanmalai Andavar Spinning Mills Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge with Canara Bank of Rs. 2.42 Cr registered on 06 Oct 2022 with Charge ID 100670321 was modified on 24 May 2023.

    24 May 2023

  • Balance Sheet

    Sri Sivanmalai Andavar Spinning Mills Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Coimbatore.

    31 Mar 2023

  • Charges

    A charge registered on 13 Feb 2010 via Charge ID 10209176 with Others was fully satisfied on 26 Oct 2022.

    26 Oct 2022

  • Charges

    A charge with Canara Bank amounted to Rs. 2.42 Cr with Charge ID 100670321 was registered on 06 Oct 2022.

    06 Oct 2022

Frequently asked questions

  • Sri Sivanmalai Andavar Spinning Mills Private Limited was incorporated on 11 Aug 1994.

  • The authorized share capital of Sri Sivanmalai Andavar Spinning Mills Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 8.50 M.

  • Currently 2 directors are associated with Sri Sivanmalai Andavar Spinning Mills Private Limited.

    • Samiappan Rathinasamy
    • Loganathan Senthilkumar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sri Sivanmalai Andavar Spinning Mills Private Limited is 448/1 Nall Roadparanchervazhi Po Knangayam Tk India, Erode Dist, Tamil Nadu, 638701.

  • The corporate identification number (CIN) of Sri Sivanmalai Andavar Spinning Mills Private Limited is U17111TZ1994PTC005263 and the company number is 005263 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for Sri Sivanmalai Andavar Spinning Mills Private Limited has risen by 38.52%.

  • As Per 2022 financial reports, 3 employees are currently employed by Sri Sivanmalai Andavar Spinning Mills Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Sri Sivanmalai Andavar Spinning Mills Private Limited has experienced an upsurge of 3.03%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Sri Sivanmalai Andavar Spinning Mills Private Limited amount to ₹ 4.42 Cr.

  • The most recent Balance Sheet for Sri Sivanmalai Andavar Spinning Mills Private Limited was filed with the ROC on 31 Mar 2023.

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