Sri Velayudhaswamy Spinning Mills Profile
Key Indicators
- Authorised Capital ₹ 1.50 Cr
- Paid Up Capital ₹ 9.50 M
- Company Age 36 Year, 8 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 eight 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
- Location
Coimbatore, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U17111TZ1988PTC002240
- Company No.
002240
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
22 Aug 1988
- Date of AGM
25 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Coimbatore
Industry
Environment
Manufacturing
Sri Velayudhaswamy Spinning Mills Private Limited
Explore comprehensive data for Sri Velayudhaswamy Spinning Mills Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Sri Velayudhaswamy Spinning Mills?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Geetha Rathinasabapathy  | Managing Director | 01-Jun-2022 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Sivanmalai Rathnasabapathy | Whole-Time Director | 01-Jun-2022 | Current |
| Aravind Prabhu | Director | 27-Mar-2023 | Current |
| Prem Rathnasabapathy | 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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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)
Apex Coco And Solar Energy LimitedSivanmalai Rathnasabapathy and Prem Rathnasabapathy are mutual person
- Apex Parivar Infra And Solar Power Private Limited
Sivanmalai Rathnasabapathy is a mutual person
- Prassanna Spinning Mills Private Limited
Sivanmalai Rathnasabapathy and Geetha Rathinasabapathy are mutual person
- Kubhera Asset Holdings Limited
Aravind Prabhu and Prem Rathnasabapathy are mutual person
Charges (Loans)
Open Charges
₹309.24 Cr
Satisfied Charges
₹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.
Latest Updates, News, and FAQs on Sri Velayudhaswamy Spinning Mills
Recent activity within the organization
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.23 Cr with Charge ID 100953636 was registered on 09 Jul 2024.
- Charges
A charge with Canara Bank of Rs. 32.34 Cr registered on 21 Oct 2022 with Charge ID 100625571 was modified on 30 Apr 2024.
- Charges
A charge with Hdfc Bank Limited of Rs. 45.00 Cr registered on 06 Oct 2023 with Charge ID 100796889 was modified on 05 Mar 2024.
- Charges
A charge registered on 10 Nov 2021 via Charge ID 100518220 with Hdfc Bank Limited was fully satisfied on 06 Dec 2023.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 14.00 Cr with Charge ID 100796884 was registered on 06 Oct 2023.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 45.00 Cr with Charge ID 100796889 was registered on 06 Oct 2023.
Frequently asked questions
What is the Incorporation or founding date of Sri Velayudhaswamy Spinning Mills Private Limited?
Sri Velayudhaswamy Spinning Mills Private Limited was incorporated on 22 Aug 1988.
What is authorized share capital and paid-up capital of Sri Velayudhaswamy Spinning Mills Private Limited?
The authorized share capital of Sri Velayudhaswamy Spinning Mills Private Limited is ₹ 1.50 Cr and paid-up capital is ₹ 9.50 M.
Who are the current board members & directors of Sri Velayudhaswamy Spinning Mills Private Limited?
Currently 4 directors are associated with Sri Velayudhaswamy Spinning Mills Private Limited.
- Sivanmalai Gounder Deivasigamani Rathnasabapathy
- Geetha Rathinasabapathy
- Aravind Prabhu
- Prem Prasanna Rathnasabapathy
What is the registered address of Sri Velayudhaswamy Spinning Mills Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Sri Velayudhaswamy Spinning Mills Private Limited is 6/4A Cotton Mill Road Third Street India, Tirupur, Tamil Nadu, 641602.
What is the corporate identification number (CIN) and company number of Sri Velayudhaswamy Spinning Mills Private Limited?
The corporate identification number (CIN) of Sri Velayudhaswamy Spinning Mills Private Limited is U17111TZ1988PTC002240 and the company number is 002240 as per Ministry of Corporate Affairs (MCA).
What is the official website of Sri Velayudhaswamy Spinning Mills Private Limited?
The Official website of Sri Velayudhaswamy Spinning Mills Private Limited is https://www.svsmgroup.com
What has been the recent revenue trend for Sri Velayudhaswamy Spinning Mills Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Sri Velayudhaswamy Spinning Mills Private Limited has fallen by -13.10%.
How many employees does Sri Velayudhaswamy Spinning Mills Private Limited currently have?
As Per 2023 financial reports, 865 employees are currently employed by Sri Velayudhaswamy Spinning Mills Private Limited.
What change has been observed in the net worth of Sri Velayudhaswamy Spinning Mills Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Sri Velayudhaswamy Spinning Mills Private Limited has experienced an downturn of -6.68%.
What are the total open charges for Sri Velayudhaswamy Spinning Mills Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Sri Velayudhaswamy Spinning Mills Private Limited amount to ₹ 309.24 Cr.
When was the last Balance Sheet of Sri Velayudhaswamy Spinning Mills Private Limited filed with the ROC?
The most recent Balance Sheet for Sri Velayudhaswamy Spinning Mills Private Limited was filed with the ROC on 31 Mar 2023.
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