Sri Venkateswara Cotton Yarn Mills (Salem) Private Limited

Produces yarn and generates wind power.

1994 | Salem, Tamil Nadu (India) | Active
Last Updated:

Sri Venkateswara Cotton Yarn Mills (Salem) Profile

Key Indicators

  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 2.82 Cr
  • Company Age 30 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 12.81 Cr
  • Satisfied Charges ₹ 9.78 Cr
  • Revenue Growth -9.56%
  • Profit Growth -19.72%
  • Ebitda 10.64%
  • Net Worth 17.15%
  • Total Assets 2.10%

About Sri Venkateswara Cotton Yarn Mills (Salem)

Sri Venkateswara Cotton Yarn Mills (Salem) Private Limited (SVCYMSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 24 April 1994 and has a history of 30 years and ten months. Its registered office is in Salem, Tamil Nadu, India.

The Corporate was formerly known as Vaithilingam 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 2024. It's a company limited by shares with an authorized capital of Rs 3.00 Cr and a paid-up capital of Rs 2.82 Cr.

The company currently has active open charges totaling ₹12.81 Cr. The company has closed loans amounting to ₹9.78 Cr, as per Ministry of Corporate Affairs (MCA) records.

Usharani Prabhakaran, Govindan Prabhakaran, Prabhakaran Thennarasu, and One other member serve as directors at the Company.

Company Details

  • Location

    Salem, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U17111TZ1994PTC005295

  • Company No.

    005295

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    24 Apr 1994

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Manufacturing
Company report

Sri Venkateswara Cotton Yarn Mills (Salem) Private Limited

Explore comprehensive data for Sri Venkateswara Cotton Yarn Mills (Salem) Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Sri Venkateswara Cotton Yarn Mills (Salem)?

Executive Team (1)

NameDesignationAppointment DateStatus
Govindan Prabhakaran Country flag representing In Managing Director21-Apr-2017Current

Board Members (3)

NameDesignationAppointment DateStatus
Usharani Prabhakaran Country flag representing In Director 09-Feb-2015Current
Prabhakaran Thennarasu Country flag representing In Director 09-Feb-2015Current
Pachiappan Saraswathi Country flag representing In Director 09-Feb-2015Current

Financial Performance of Sri Venkateswara Cotton Yarn Mills (Salem).

Sri Venkateswara Cotton Yarn Mills (Salem) Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 9.56% decrease. The company also saw a substantial fall in profitability, with a 19.72% decrease in profit. The company's net worth Soared by an impressive increase of 17.15%.

Sri Venkateswara Cotton Yarn Mills (Salem) revenue growth over time
Sri Venkateswara Cotton Yarn Mills (Salem) 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
-9.56%
Revenue from Operations
-9.57%
Total Assets
2.10%
Profit or Loss
-19.72%
Net Worth
17.15%
EBITDA
10.64%

What is the Ownership and Shareholding Structure of Sri Venkateswara Cotton Yarn Mills (Salem)?

In 2023, Sri Venkateswara Cotton Yarn Mills (Salem) 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

₹12.81 Cr

Satisfied Charges

₹9.78 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 12.70 Cr
  • Kotak Mahindra Bank Limited : 0.11 Cr

Latest Charge Details

DateLenderAmountStatus
18 Mar 2019Hdfc Bank Limited₹12.70 CrOpen
26 Jul 2014Kotak Mahindra Bank Limited₹1.13 MOpen
05 Dec 2016Canara Bank₹2.00 CrSatisfied
14 Feb 2014Lakshmi Vilas Bank Ltd₹1.00 CrSatisfied
19 Feb 2009Axis Bank Ltd₹7.50 MSatisfied

How Many Employees Work at Sri Venkateswara Cotton Yarn Mills (Salem)?

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

Employee growth trends for Sri Venkateswara Cotton Yarn Mills (Salem) Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Sri Venkateswara Cotton Yarn Mills (Salem), 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 Venkateswara Cotton Yarn Mills (Salem)'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 Venkateswara Cotton Yarn Mills (Salem)

Recent activity within the organization

  • Annual General Meeting

    Sri Venkateswara Cotton Yarn Mills (Salem) Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 12.70 Cr registered on 18 Mar 2019 with Charge ID 100247157 was modified on 20 Jun 2024.

  • Balance Sheet

    Sri Venkateswara Cotton Yarn Mills (Salem) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore.

  • Charges

    A charge registered on 05 Dec 2016 via Charge ID 100070796 with Canara Bank was fully satisfied on 22 Mar 2019.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 12.70 Cr with Charge ID 100247157 was registered on 18 Mar 2019.

  • Charges

    A charge with Canara Bank of Rs. 2.00 Cr registered on 05 Dec 2016 with Charge ID 100070796 was modified on 12 Feb 2018.

Frequently asked questions

  • What is the Incorporation or founding date of Sri Venkateswara Cotton Yarn Mills (Salem) Private Limited?

    Sri Venkateswara Cotton Yarn Mills (Salem) Private Limited was incorporated on 24 Apr 1994.

  • What is authorized share capital and paid-up capital of Sri Venkateswara Cotton Yarn Mills (Salem) Private Limited?

    The authorized share capital of Sri Venkateswara Cotton Yarn Mills (Salem) Private Limited is ₹ 3.00 Cr and paid-up capital is ₹ 2.82 Cr.

  • Who are the current board members & directors of Sri Venkateswara Cotton Yarn Mills (Salem) Private Limited?

    Currently 4 directors are associated with Sri Venkateswara Cotton Yarn Mills (Salem) Private Limited.

    • Usharani Prabhakaran
    • Govindan Prabhakaran
    • Prabhakaran Thennarasu
    • Pachiappan Saraswathi

  • What is the registered address of Sri Venkateswara Cotton Yarn Mills (Salem) Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Sri Venkateswara Cotton Yarn Mills (Salem) Private Limited is Ramalingapuram Pochinnagoundapuram Minnampalli India, Salem, Tamil Nadu, 636106.

  • What is the corporate identification number (CIN) and company number of Sri Venkateswara Cotton Yarn Mills (Salem) Private Limited?

    The corporate identification number (CIN) of Sri Venkateswara Cotton Yarn Mills (Salem) Private Limited is U17111TZ1994PTC005295 and the company number is 005295 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Sri Venkateswara Cotton Yarn Mills (Salem) Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Sri Venkateswara Cotton Yarn Mills (Salem) Private Limited has fallen by -9.56%.

  • What change has been observed in the net worth of Sri Venkateswara Cotton Yarn Mills (Salem) Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Sri Venkateswara Cotton Yarn Mills (Salem) Private Limited has experienced an upsurge of 17.15%.

  • What are the total open charges for Sri Venkateswara Cotton Yarn Mills (Salem) Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Sri Venkateswara Cotton Yarn Mills (Salem) Private Limited amount to ₹ 12.81 Cr.

  • When was the last Balance Sheet of Sri Venkateswara Cotton Yarn Mills (Salem) Private Limited filed with the ROC?

    The most recent Balance Sheet for Sri Venkateswara Cotton Yarn Mills (Salem) Private Limited was filed with the ROC on 31 Mar 2024.

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