Sri Veereswara Spinning Mills Private Limited

Yarn manufacturing company established in 1983, based in Tamil Nadu.

1983 | Coimbatore, Tamil Nadu (India) | Active
Last Updated:

Sri Veereswara Spinning Mills Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 4.90 M
  • Company Age 41 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 2.76 Cr
  • Satisfied Charges ₹ 6.30 Cr
  • Revenue Growth 164.07%
  • Profit Growth 377.58%
  • Ebitda -7.58%
  • Net Worth 61.62%
  • Total Assets 126.78%

About Sri Veereswara Spinning Mills

Sri Veereswara Spinning Mills Private Limited (SVSMPL) is a Private Limited Indian Non-Government Company incorporated in India on 04 May 1983 and has a history of 41 years and ten months. Its registered office is in Coimbatore, Tamil Nadu, India.

The Corporate was formerly known as Sri Veereswara Garments And Spinning Mills Private Limited. 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 5.00 M and a paid-up capital of Rs 4.90 M.

The company currently has active open charges totaling ₹2.76 Cr. The company has closed loans amounting to ₹6.30 Cr, as per Ministry of Corporate Affairs (MCA) records.

Radhakrishnan Shanmugam and Shanmugam Vanitha 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

    U17111TZ1983PTC001280

  • Company No.

    001280

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    04 May 1983

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Manufacturing
Company report

Sri Veereswara Spinning Mills Private Limited

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

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

Executive Team (1)

NameDesignationAppointment DateStatus
Radhakrishnan Shanmugam Country flag representing In Managing Director13-Jun-2014Current

Board Members (1)

NameDesignationAppointment DateStatus
Shanmugam Vanitha Additional Director 01-Aug-2024Current

Financial Performance of Sri Veereswara Spinning Mills.

Sri Veereswara Spinning Mills Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 164.07% increase. The company also saw a substantial improvement in profitability, with a 377.58% increase in profit. The company's net worth Soared by an impressive increase of 61.62%.

Sri Veereswara Spinning Mills revenue growth over time
Sri Veereswara Spinning 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
164.07%
Revenue from Operations
Total Assets
126.78%
Profit or Loss
377.58%
Net Worth
61.62%
EBITDA
-7.58%

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

Unlock access to Sri Veereswara Spinning Mills's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹27.58 M

Satisfied Charges

₹63.00 M

Charges Breakdown by Lending Institutions

  • The Karur Vysya Bank Ltd. : 1.31 Cr
  • The Nedungadi Bank Ltd. : 0.80 Cr
  • Sakthi Finance Ltd. : 0.65 Cr

Latest Charge Details

DateLenderAmountStatus
12 Dec 1995The Nedungadi Bank Ltd.₹4.50 MOpen
22 Feb 1992Sakthi Finance Ltd.₹2.27 MOpen
12 Aug 1991The Nedungadi Bank Ltd.₹3.00 MOpen
21 May 1991Sakthi Finance Ltd.₹0.97 MOpen
27 Feb 1991The Karur Vysya Bank Ltd.₹1.31 CrOpen

How Many Employees Work at Sri Veereswara Spinning Mills?

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

Employee growth trends for Sri Veereswara Spinning Mills Private Limited

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Director Appointment

    Shanmugam Ravi Vanitha was appointed as a Additional Director was appointed as a Additional Director on 01 Aug 2024 & has been associated with this company since 7 months 11 days .

  • Annual General Meeting

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

  • Balance Sheet

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

  • Director Appointment

    Radhakrishnan Shanmugam was appointed as a Managing Director was appointed as a Managing Director on 13 Jun 2014 & has been associated with this company since 10 years 9 months .

  • Charges

    A charge registered on 07 Feb 2003 via Charge ID 90009052 with Ing Vysya Bank Ltd. was fully satisfied on 28 Jul 2007.

  • Charges

    A charge with Ing Vysya Bank Ltd. of Rs. 63.00 M registered on 07 Feb 2003 with Charge ID 90009052 was modified on 17 Feb 2003.

Frequently asked questions

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

    Sri Veereswara Spinning Mills Private Limited was incorporated on 04 May 1983.

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

    The authorized share capital of Sri Veereswara Spinning Mills Private Limited is ₹ 5.00 M and paid-up capital is ₹ 4.90 M.

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

    Currently 2 directors are associated with Sri Veereswara Spinning Mills Private Limited.

    • Radhakrishnan Shanmugam
    • Shanmugam Ravi Vanitha
  • What is the registered address of Sri Veereswara Spinning Mills Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Sri Veereswara Spinning Mills Private Limited is 363/1B Bharathi Nagar Ammapalayam, Anuparpalayam Post India, Tirupur, Tamil Nadu, 641652.

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

    The corporate identification number (CIN) of Sri Veereswara Spinning Mills Private Limited is U17111TZ1983PTC001280 and the company number is 001280 as per Ministry of Corporate Affairs (MCA).

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

    According to the financial reports for the fiscal year 2022, the revenue trend for Sri Veereswara Spinning Mills Private Limited has risen by 164.07%.

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

    The financial reports for the fiscal year 2022 indicates that The net worth of Sri Veereswara Spinning Mills Private Limited has experienced an upsurge of 61.62%.

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

    As per the financial statements for fiscal Year 2022, The total open charges for Sri Veereswara Spinning Mills Private Limited amount to ₹ 2.76 Cr.

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

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

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