Sri Sowdeswari Mills Profile
Key Indicators
- Authorised Capital ₹ 1.75 Cr
- Paid Up Capital ₹ 7.50 M
- Company Age 33 Year, 5 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 five 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
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Location
Salem, Tamil Nadu, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U17115TZ1991PTC003398
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Company No.
003398
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
20 Aug 1991
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Date of AGM
30 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Coimbatore
Industry
Who are the key members and board of directors at Sri Sowdeswari Mills?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Arthanari Saravanan
|
Managing Director | 20-Aug-1991 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Sowndarya Saravanan
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Director | 07-Aug-2018 | Current |
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Ramasamychettiar Chockalingam
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Director | 20-Aug-1991 | Current |
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Nagamani Saravanan
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Director | 01-Apr-2014 | Current |
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Saravanan Kowsika
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Director | 24-May-2022 | Current |
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%.
- Key Matrics
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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.
Charges (Loans)
₹13.10 Cr
₹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
| Date | Lender | Amount | Status |
|---|---|---|---|
| 20 Nov 2009 | City Union Bank Limited | ₹11.70 Cr | Open |
| 12 Jul 2004 | The Lakshmi Vilas Bank Limited | ₹1.40 Cr | Open |
| 16 Feb 2012 | City Union Bank Limited | ₹3.75 Cr | Satisfied |
| 15 Nov 2010 | City Union Bank Limited | ₹0.48 M | Satisfied |
| 06 Jan 2005 | The Lakshmi Vilas Bank Limited | ₹6.78 M | Satisfied |
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.
Deals i
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
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.
