Sri Sumugan Spinning Mills Private Limited

Textile company specializing in spinning and weaving various types of yarn and textile products.

2013 | Salem, Tamil Nadu (India) | Inactive
Last Updated: April 24, 2024

Sri Sumugan Spinning Mills Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 1.00 M
  • Company Age 11 Year, 10 Months
  • Last Filing with ROC 31 Mar 2019
  • Satisfied Charges ₹ 3.00 Cr
  • Revenue Growth -23.40%
  • Profit Growth 84.54%
  • Ebitda -9.49%
  • Net Worth -24.77%
  • Total Assets -0.14%

About Sri Sumugan Spinning Mills

Sri Sumugan Spinning Mills Private Limited (SSSMPL) is Strike Off company established on 15 Mar 2013 with its office registered at Salem, Tamil Nadu, India and has been running since 11 Year, 10 Months with a paid up capital of 1.00 M. According to MCA records, 3 Directors are linked to this company as of 24 Apr 2024.

Company Details

  • Location

    Salem, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17111TZ2013PTC019270

  • Company No.

    019270

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    15 Mar 2013

  • Date of AGM

    30 Sep 2019

  • Date of Balance Sheet

    31 Mar 2019

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Manufacturing

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

Executive Team (1)

Name Designation Appointment Date Status
Shunmugam Balaji Country flag representing In Managing Director 15-Mar-2013 Current

Board Members (2)

Name Designation Appointment Date Status
Shanmugam Bakkiam Country flag representing In Director 15-Mar-2013 Current
Sinnakkamman Shanmugam Country flag representing In Whole-Time Director 15-Mar-2013 Current

Financial Performance of Sri Sumugan Spinning Mills.

Sri Sumugan Spinning Mills Private Limited, for the financial year ended 2016, experienced significant reduction in revenue, with a 23.4% decrease. The company also saw a substantial improvement in profitability, with a 84.54% increase in profit. The company's net worth observed a substantial decline by a decrease of 24.77%.

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
-23.40%
Revenue from Operations
-23.58%
Total Assets
-0.14%
Profit or Loss
84.54%
Net Worth
-24.77%
EBITDA
-9.49%

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

In 2017, Sri Sumugan 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

₹0

Satisfied Charges

₹30.00 M

Charges Breakdown by Lending Institutions

  • Indian Overseas Bank : 3.00 Cr

Latest Charge Details

Date Lender Amount Status
03 Oct 2013 Indian Overseas Bank ₹3.00 Cr Satisfied

How Many Employees Work at Sri Sumugan Spinning Mills?

Unlock and access historical data on people associated with Sri Sumugan Spinning Mills, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

    Sri Sumugan Spinning Mills Private Limited last Annual general meeting of members was held on 30 Sep 2019 as per latest MCA records.

    30 Sep 2019

  • Balance Sheet

    Sri Sumugan Spinning Mills Private Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Coimbatore.

    31 Mar 2019

  • Charges

    A charge registered on 03 Oct 2013 via Charge ID 10456332 with Indian Overseas Bank was fully satisfied on 06 Feb 2019.

    06 Feb 2019

  • Charges

    A charge with Indian Overseas Bank amounted to Rs. 30.00 M with Charge ID 10456332 was registered on 03 Oct 2013.

    03 Oct 2013

  • Director Appointment

    Shanmugam Bakkiam was appointed as a Director was appointed as a Director on 15 Mar 2013 & has been associated with this company since 11 years 10 months .

    15 Mar 2013

  • Director Appointment

    Shunmugam Balaji was appointed as a Managing Director was appointed as a Managing Director on 15 Mar 2013 & has been associated with this company since 11 years 10 months .

    15 Mar 2013

Frequently asked questions

  • Sri Sumugan Spinning Mills Private Limited was incorporated on 15 Mar 2013.

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

  • Currently 3 directors are associated with Sri Sumugan Spinning Mills Private Limited.

    • Shanmugam Bakkiam
    • Shunmugam Balaji
    • Sinnakkamman Subramanian Shanmugam
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sri Sumugan Spinning Mills Private Limited is 18/3D Park View Apartments, Tamil Sangam Road Rajaram Nagar, Salem, Tamil Nadu, India, 636007.

  • The corporate identification number (CIN) of Sri Sumugan Spinning Mills Private Limited is U17111TZ2013PTC019270 and the company number is 019270 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2016, the revenue trend for Sri Sumugan Spinning Mills Private Limited has fallen by -23.40%.

  • The financial reports for the fiscal year 2016 indicates that The net worth of Sri Sumugan Spinning Mills Private Limited has experienced an downturn of -24.77%.

  • The most recent Balance Sheet for Sri Sumugan Spinning Mills Private Limited was filed with the ROC on 31 Mar 2019.