Sri Venkateswara Cotton Yarn Mills (Salem) Profile
Key Indicators
- Authorised Capital ₹ 3.00 Cr
- Paid Up Capital ₹ 2.82 Cr
- Company Age 30 Year, 9 Months
- Last Filing with ROC 31 Mar 2023
- 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 nine 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 2023. 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 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 Venkateswara Cotton Yarn Mills (Salem)?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Govindan Prabhakaran
|
Managing Director | 21-Apr-2017 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Usharani Prabhakaran
|
Director | 09-Feb-2015 | Current |
|
Prabhakaran Thennarasu
|
Director | 09-Feb-2015 | Current |
|
Pachiappan Saraswathi
|
Director | 09-Feb-2015 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
|
(FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
|
||||||
| Revenue from Operations |
|
||||||
| Total Assets |
|
||||||
| Profit or Loss |
|
||||||
| Net Worth |
|
||||||
| EBITDA |
|
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.
Related Corporates (Common Directorship)
-
-
M B S Spinning Mills Private Limited
Govindan Prabhakaran and Prabhakaran Thennarasu are mutual person
Charges (Loans)
₹12.81 Cr
₹9.78 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 12.70 Cr
- Kotak Mahindra Bank Limited : 0.11 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 18 Mar 2019 | Hdfc Bank Limited | ₹12.70 Cr | Open |
| 26 Jul 2014 | Kotak Mahindra Bank Limited | ₹1.13 M | Open |
| 05 Dec 2016 | Canara Bank | ₹2.00 Cr | Satisfied |
| 14 Feb 2014 | Lakshmi Vilas Bank Ltd | ₹1.00 Cr | Satisfied |
| 19 Feb 2009 | Axis Bank Ltd | ₹7.50 M | Satisfied |
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.
Deals i
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
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.
