Sri Venkatalakshmi Spinners Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
- Paid Up Capital ₹ 1.00 Cr
- Company Age 43 Year, 11 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 11.72 Cr
- Satisfied Charges ₹ 26.28 Cr
- Revenue Growth 20.82%
- Profit Growth -76.90%
- Ebitda -113.36%
- Net Worth -0.01%
- Total Assets -2.73%
About Sri Venkatalakshmi Spinners
Sri Venkatalakshmi Spinners Private Limited (SVSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 11 March 1981 and has a history of 43 years and 11 months. Its registered office is in Tiruppur, 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 2023. It's a company limited by shares with an authorized capital of Rs 1.00 Cr and a paid-up capital of Rs 1.00 Cr.
The company currently has active open charges totaling ₹11.72 Cr. The company has closed loans amounting to ₹26.28 Cr, as per Ministry of Corporate Affairs (MCA) records.
Ramaswami Saranya, Venkatachala Balasubramaniyan, Govindarajulu Soundararajan, and Two other members serve as directors at the Company.
Company Details
- Location
Tiruppur, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
-
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U17111TZ1981PTC001023
- Company No.
001023
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
11 Mar 1981
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Coimbatore
Industry
Who are the key members and board of directors at Sri Venkatalakshmi Spinners?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Venkatachala Balasubramaniyan  | Managing Director | 11-Mar-1981 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Gopinath Bala | Whole-Time Director | 20-Nov-2006 | Current |
| Ramaswami Saranya | Director | 28-Mar-2014 | Current |
| Govindarajulu Soundararajan | Director | 11-Mar-1981 | Current |
| Balasubramaniyan Saraswathi | Director | 11-Mar-1981 | Current |
Financial Performance of Sri Venkatalakshmi Spinners.
Sri Venkatalakshmi Spinners Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 20.82% increase. The company also saw a substantial fall in profitability, with a 76.9% decrease in profit. The company's net worth dipped by a decrease of 0.01%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Sri Venkatalakshmi Spinners?
In 2023, Sri Venkatalakshmi Spinners had a promoter holding of 100.00% and a public holding of 0.01%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Super Sales India LimitedGopinath Bala is a mutual person
Vangal Amman Health Service LimitedRamaswami Saranya is a mutual person
- Svs Advanced Fabrics Private Limited
Gopinath Bala is a mutual person
Charges (Loans)
₹11.72 Cr
₹26.28 Cr
Charges Breakdown by Lending Institutions
- Tamilnad Mercantile Bank Limited : 6.00 Cr
- Others : 5.72 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 16 Jun 2020 | Others | ₹1.37 Cr | Open |
| 08 Mar 2018 | Tamilnad Mercantile Bank Limited | ₹6.00 Cr | Open |
| 28 Oct 2013 | Others | ₹4.35 Cr | Open |
| 25 Sep 2020 | Others | ₹4.04 M | Satisfied |
| 17 May 2019 | Others | ₹5.80 M | Satisfied |
How Many Employees Work at Sri Venkatalakshmi Spinners?
Sri Venkatalakshmi Spinners has a workforce of 5 employees as of Mar 24, 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 Venkatalakshmi Spinners, 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 Venkatalakshmi Spinners'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.
