Sri Velayudhaswamy Spinning Mills Profile
Key Indicators
- Authorised Capital ₹ 1.50 Cr
- Paid Up Capital ₹ 9.50 M
- Company Age 36 Year, 5 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 309.24 Cr
- Satisfied Charges ₹ 1,052.20 Cr
- Revenue Growth -13.10%
- Profit Growth -135.87%
- Ebitda -99.42%
- Net Worth -6.68%
- Total Assets 23.97%
About Sri Velayudhaswamy Spinning Mills
Sri Velayudhaswamy Spinning Mills Private Limited (SVSMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 22 August 1988 and has a history of 36 years and five months. Its registered office is in Coimbatore, Tamil Nadu, India.
The Corporate was formerly known as Sri Velayudhaswamy Spinning Mills Limited. The Company is engaged in the Environment 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 1.50 Cr and a paid-up capital of Rs 9.50 M.
The company currently has active open charges totaling ₹309.24 Cr. The company has closed loans amounting to ₹1,052.20 Cr, as per Ministry of Corporate Affairs (MCA) records.
Sivanmalai Rathnasabapathy, Geetha Rathinasabapathy, Aravind Prabhu, and One other member serve as directors at the Company.
Company Details
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Location
Coimbatore, 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
U17111TZ1988PTC002240
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Company No.
002240
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
22 Aug 1988
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Date of AGM
25 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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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 Velayudhaswamy Spinning Mills?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Geetha Rathinasabapathy
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Managing Director | 01-Jun-2022 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
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Sivanmalai Rathnasabapathy
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Whole-Time Director | 01-Jun-2022 | Current |
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Aravind Prabhu
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Director | 27-Mar-2023 | Current |
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Prem Rathnasabapathy
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Director | 27-Mar-2023 | Current |
Financial Performance of Sri Velayudhaswamy Spinning Mills.
Sri Velayudhaswamy Spinning Mills Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 13.1% decrease. The company also saw a substantial fall in profitability, with a 135.87% decrease in profit. The company's net worth dipped by a decrease of 6.68%.
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What is the Ownership and Shareholding Structure of Sri Velayudhaswamy Spinning Mills?
In 2023, Sri Velayudhaswamy 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.
Related Corporates (Common Directorship)
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Apex Coco And Solar Energy LimitedSivanmalai Rathnasabapathy and Prem Rathnasabapathy are mutual person
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Apex Parivar Infra And Solar Power Private Limited
Sivanmalai Rathnasabapathy is a mutual person
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Prsm Exports Private LimitedSivanmalai Rathnasabapathy, Geetha Rathinasabapathy and 2 more are mutual person
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Svsm Apparels Private Limited
Sivanmalai Rathnasabapathy, Geetha Rathinasabapathy and 2 more are mutual person
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Prassanna Spinning Mills Private Limited
Sivanmalai Rathnasabapathy and Geetha Rathinasabapathy are mutual person
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Kubhera Asset Holdings Limited
Aravind Prabhu and Prem Rathnasabapathy are mutual person
Charges (Loans)
₹309.24 Cr
₹1,052.20 Cr
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 158.67 Cr
- Hdfc Bank Limited : 118.23 Cr
- Canara Bank : 32.34 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 09 Jul 2024 | Hdfc Bank Limited | ₹2.30 M | Open |
| 06 Oct 2023 | Hdfc Bank Limited | ₹14.00 Cr | Open |
| 06 Oct 2023 | Hdfc Bank Limited | ₹45.00 Cr | Open |
| 25 Sep 2023 | Hdfc Bank Limited | ₹59.00 Cr | Open |
| 21 Oct 2022 | Canara Bank | ₹32.34 Cr | Open |
How Many Employees Work at Sri Velayudhaswamy Spinning Mills?
Sri Velayudhaswamy Spinning Mills has a workforce of 865 employees as of Apr 08, 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 Velayudhaswamy 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 Velayudhaswamy Spinning 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.
