Sri Sowdeswari Mills Private Limited

Manufactures yarn from cotton and operates spinning, processing, and ginning mills.

1991 | Salem, Tamil Nadu (India) | Active
Last Updated:

Sri Sowdeswari Mills Profile

Key Indicators

  • Authorised Capital ₹ 1.75 Cr
  • Paid Up Capital ₹ 7.50 M
  • Company Age 33 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 13.10 Cr
  • Satisfied Charges ₹ 8.48 Cr
  • Revenue Growth -1.61%
  • Profit Growth -222.64%
  • Ebitda -90.79%
  • Net Worth -39.03%
  • Total Assets -0.58%

About Sri Sowdeswari Mills

Sri Sowdeswari Mills Private Limited (SSMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 20 August 1991 and has a history of 33 years and eight months. Its registered office is in Salem, 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 2024. It's a company limited by shares with an authorized capital of Rs 1.75 Cr and a paid-up capital of Rs 7.50 M.

The company currently has active open charges totaling ₹13.10 Cr. The company has closed loans amounting to ₹8.48 Cr, as per Ministry of Corporate Affairs (MCA) records.

Arthanari Saravanan, Ramasamychettiar Chockalingam, Nagamani Saravanan, and Two other members serve as directors at the Company.

Company Details

  • Location

    Salem, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U17115TZ1991PTC003398

  • Company No.

    003398

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    20 Aug 1991

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Manufacturing
Company report

Sri Sowdeswari Mills Private Limited

Explore comprehensive data for Sri Sowdeswari Mills Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Sri Sowdeswari Mills?

Executive Team (1)

NameDesignationAppointment DateStatus
Arthanari Saravanan Country flag representing In Managing Director20-Aug-1991Current

Board Members (4)

NameDesignationAppointment DateStatus
Sowndarya Saravanan Country flag representing In Director 07-Aug-2018Current
Ramasamychettiar Chockalingam Country flag representing In Director 20-Aug-1991Current
Nagamani Saravanan Country flag representing In Director 01-Apr-2014Current
Saravanan Kowsika Country flag representing In Director 24-May-2022Current

Financial Performance of Sri Sowdeswari Mills.

Sri Sowdeswari Mills Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 1.61% decrease. The company also saw a substantial fall in profitability, with a 222.64% decrease in profit. The company's net worth observed a substantial decline by a decrease of 39.03%.

Sri Sowdeswari Mills revenue growth over time
Sri Sowdeswari Mills 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
-1.61%
Revenue from Operations
-1.79%
Total Assets
-0.58%
Profit or Loss
-222.64%
Net Worth
-39.03%
EBITDA
-90.79%

What is the Ownership and Shareholding Structure of Sri Sowdeswari Mills?

In 2023, Sri Sowdeswari 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

₹13.10 Cr

Satisfied Charges

₹8.48 Cr

Charges Breakdown by Lending Institutions

  • City Union Bank Limited : 11.70 Cr
  • The Lakshmi Vilas Bank Limited : 1.40 Cr

Latest Charge Details

DateLenderAmountStatus
20 Nov 2009City Union Bank Limited₹11.70 CrOpen
12 Jul 2004The Lakshmi Vilas Bank Limited₹1.40 CrOpen
16 Feb 2012City Union Bank Limited₹3.75 CrSatisfied
15 Nov 2010City Union Bank Limited₹0.48 MSatisfied
06 Jan 2005The Lakshmi Vilas Bank Limited₹6.78 MSatisfied

How Many Employees Work at Sri Sowdeswari Mills?

Sri Sowdeswari Mills has a workforce of 82 employees as of Mar 29, 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.

Employee growth trends for Sri Sowdeswari Mills Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Sri Sowdeswari 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 Sowdeswari 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 Sowdeswari Mills

Recent activity within the organization

  • Annual General Meeting

    Sri Sowdeswari Mills Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Sri Sowdeswari Mills Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore.

  • Charges

    A charge with City Union Bank Limited of Rs. 11.70 Cr registered on 20 Nov 2009 with Charge ID 10191020 was modified on 06 Jan 2023.

  • Director Appointment

    Saravanan Kowsika was appointed as a Director was appointed as a Director on 24 May 2022 & has been associated with this company since 2 years 11 months .

  • Charges

    A charge registered on 16 Feb 2012 via Charge ID 10341783 with City Union Bank Limited was fully satisfied on 28 Feb 2019.

  • Director Appointment

    Sowndarya Saravanan was appointed as a Director was appointed as a Director on 07 Aug 2018 & has been associated with this company since 6 years 9 months .

Frequently asked questions

  • What is the Incorporation or founding date of Sri Sowdeswari Mills Private Limited?

    Sri Sowdeswari Mills Private Limited was incorporated on 20 Aug 1991.

  • What is authorized share capital and paid-up capital of Sri Sowdeswari Mills Private Limited?

    The authorized share capital of Sri Sowdeswari Mills Private Limited is ₹ 1.75 Cr and paid-up capital is ₹ 7.50 M.

  • Who are the current board members & directors of Sri Sowdeswari Mills Private Limited?

    Currently 5 directors are associated with Sri Sowdeswari Mills Private Limited.

    • Arthanari Saravanan
    • Ramasamychettiar Chockalingam
    • Nagamani Saravanan
    • Sowndarya Saravanan
    • Saravanan Kowsika

  • What is the registered address of Sri Sowdeswari Mills Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Sri Sowdeswari Mills Private Limited is No.396/1A Soorapalli Village Door No 15-148, Near Kattampatty India, Jalakandapuram, Tamil Nadu, 636501.

  • What is the corporate identification number (CIN) and company number of Sri Sowdeswari Mills Private Limited?

    The corporate identification number (CIN) of Sri Sowdeswari Mills Private Limited is U17115TZ1991PTC003398 and the company number is 003398 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Sri Sowdeswari Mills Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Sri Sowdeswari Mills Private Limited has fallen by -1.61%.

  • How many employees does Sri Sowdeswari Mills Private Limited currently have?

    As Per 2023 financial reports, 82 employees are currently employed by Sri Sowdeswari Mills Private Limited.

  • What change has been observed in the net worth of Sri Sowdeswari Mills Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Sri Sowdeswari Mills Private Limited has experienced an downturn of -39.03%.

  • What are the total open charges for Sri Sowdeswari Mills Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Sri Sowdeswari Mills Private Limited amount to ₹ 13.10 Cr.

  • When was the last Balance Sheet of Sri Sowdeswari Mills Private Limited filed with the ROC?

    The most recent Balance Sheet for Sri Sowdeswari Mills Private Limited was filed with the ROC on 31 Mar 2024.

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