Sri Vishnu Shankar Mills Limited

Manufacturer of cotton yarn with a wide range of products and large production capacity.

1981 | Virudhunagar, Tamil Nadu (India) | Active
Last Updated: July 06, 2024

Sri Vishnu Shankar Mills Profile

Key Indicators

  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 1.50 Cr
  • Company Age 43 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 873.63 Cr
  • Satisfied Charges ₹ 535.69 Cr
  • Revenue Growth 5.13%
  • Profit Growth -130.29%
  • Ebitda -63.78%
  • Net Worth -10.58%
  • Total Assets -5.54%

About Sri Vishnu Shankar Mills

Sri Vishnu Shankar Mills Limited (SVSML) is a leading Public Limited Indian Non-Government Company incorporated in India on 23 March 1981 and has a history of 43 years and 11 months. Its registered office is in Virudhunagar, Tamil Nadu, India.

The Corporate was formerly known as Sri Vishnu Textiles 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 1.50 Cr.

The company currently has active open charges totaling ₹873.63 Cr. The company has closed loans amounting to ₹535.69 Cr, as per Ministry of Corporate Affairs (MCA) records.

Poosapadi Raja, Sinthalapadi Raja, Sharadha Deepa, and Five other members serve as directors at the Company.

Company Details

  • Location

    Virudhunagar, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    vishnushankarmill.co.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17301TN1981PLC008677

  • Company No.

    008677

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    23 Mar 1981

  • Date of AGM

    18 Aug 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Manufacturing

Who are the key members and board of directors at Sri Vishnu Shankar Mills?

Executive Team (1)

NameDesignationAppointment DateStatus
Sharadha Deepa Country flag representing In Managing Director02-Jul-2003Current

Board Members (7)

NameDesignationAppointment DateStatus
Poosapadi Raja Country flag representing In Director 23-Mar-1981Current
Sinthalapadi Raja Country flag representing In Director 25-Apr-1986Current
Srirama Raja Country flag representing Us Director 02-Jul-2003Current
Arun Goenka Country flag representing In Director 23-Oct-1983Current
Poosapadi Alagharraja Country flag representing In Director 19-May-2016Current
Kanthimathinathan Subramanian Country flag representing In Director 28-Oct-2013Current

Financial Performance of Sri Vishnu Shankar Mills.

Sri Vishnu Shankar Mills Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 5.13% increase. The company also saw a substantial fall in profitability, with a 130.29% decrease in profit. The company's net worth observed a substantial decline by a decrease of 10.58%.

Graph illustrating revenue growth over time
Graph showing 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
5.13%
Revenue from Operations
3.81%
Total Assets
-5.54%
Profit or Loss
-130.29%
Net Worth
-10.58%
EBITDA
-63.78%

What is the Ownership and Shareholding Structure of Sri Vishnu Shankar Mills?

In 2023, Sri Vishnu Shankar Mills had a promoter holding of 62.18% and a public holding of 37.82%. The company had 4 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹873.63 Cr

Satisfied Charges

₹535.69 Cr

Charges Breakdown by Lending Institutions

  • Tamilnad Mercantile Bank Limited : 516.37 Cr
  • Others : 241.55 Cr
  • Idbi Bank Limited : 64.10 Cr
  • State Bank Of India : 26.58 Cr
  • Indian Bank : 25.00 Cr
  • Others : 0.03 Cr

Latest Charge Details

DateLenderAmountStatus
27 Dec 2023Indian Bank₹25.00 CrOpen
30 Jun 2023Others₹8.50 CrOpen
13 Apr 2023Idbi Bank Limited₹11.60 CrOpen
17 Feb 2023Tamilnad Mercantile Bank Limited₹11.60 CrOpen
14 Feb 2023Others₹15.00 CrOpen

How Many Employees Work at Sri Vishnu Shankar Mills?

Sri Vishnu Shankar Mills has a workforce of 1386 employees as of Mar 27, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Sri Vishnu Shankar 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 Vishnu Shankar Mills'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 Vishnu Shankar Mills

Recent activity within the organization

  • Charges

    A charge with Tamilnad Mercantile Bank Limited of Rs. 423.51 Cr registered on 16 Sep 2009 with Charge ID 10176282 was modified on 13 Mar 2024.

    13 Mar 2024

  • Director Appointment

    Posapadi Perumal Subba Raja Janarthana Raja was appointed as a Additional Director was appointed as a Additional Director on 11 Mar 2024 & has been associated with this company since 11 months 12 days .

    11 Mar 2024

  • Charges

    A charge with Indian Bank amounted to Rs. 25.00 Cr with Charge ID 100842039 was registered on 27 Dec 2023.

    27 Dec 2023

  • Annual General Meeting

    Sri Vishnu Shankar Mills Limited last Annual general meeting of members was held on 18 Aug 2023 as per latest MCA records.

    18 Aug 2023

  • Charges

    A charge with Others amounted to Rs. 8.50 Cr with Charge ID 100744569 was registered on 30 Jun 2023.

    30 Jun 2023

  • Charges

    A charge with Idbi Bank Limited amounted to Rs. 11.60 Cr with Charge ID 100710066 was registered on 13 Apr 2023.

    13 Apr 2023

Frequently asked questions

  • Sri Vishnu Shankar Mills Limited was incorporated on 23 Mar 1981.

  • The authorized share capital of Sri Vishnu Shankar Mills Limited is ₹ 3.00 Cr and paid-up capital is ₹ 1.50 Cr.

  • Currently 8 directors are associated with Sri Vishnu Shankar Mills Limited.

    • Poosapadi Ramasubrahmaneya Rajha Venketrama Raja
    • Sinthalapadi Srirenga Raja Ramachandra Raja
    • Sharadha Deepa
    • Srirama Raja
    • Arun Kumar Goenka
    • Poosapadi Sankarraja Alagharraja
    • Kanthimathinathan Subramanian
    • Posapadi Perumal Subba Raja Janarthana Raja
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sri Vishnu Shankar Mills Limited is Sri Vishnu Shanker Mills Perm-Ises, Post Box No 109 P A C R R Salai, RajapalayamTamil Nadu, India, 626117.

  • The corporate identification number (CIN) of Sri Vishnu Shankar Mills Limited is U17301TN1981PLC008677 and the company number is 008677 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Sri Vishnu Shankar Mills Limited is https://www.vishnushankarmill.co.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Sri Vishnu Shankar Mills Limited has risen by 5.13%.

  • As Per 2023 financial reports, 1386 employees are currently employed by Sri Vishnu Shankar Mills Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Sri Vishnu Shankar Mills Limited has experienced an downturn of -10.58%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Sri Vishnu Shankar Mills Limited amount to ₹ 873.63 Cr.

  • The most recent Balance Sheet for Sri Vishnu Shankar Mills Limited was filed with the ROC on 31 Mar 2023.

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