Sri Vithya Spinners Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
- Paid Up Capital ₹ 7.79 M
- Company Age 31 Year, 4 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 1.09 Cr
- Satisfied Charges ₹ 6.62 M
- Revenue Growth -13.75%
- Profit Growth -114.63%
- Ebitda -51.60%
- Net Worth -8.95%
- Total Assets -1.15%
About Sri Vithya Spinners
Sri Vithya Spinners Private Limited (SVSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 11 October 1993 and has a history of 31 years and four months. Its registered office is in Virudhunagar, 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 2024. It's a company limited by shares with an authorized capital of Rs 1.00 Cr and a paid-up capital of Rs 7.79 M.
The company currently has active open charges totaling ₹1.09 Cr. The company has closed loans amounting to ₹6.62 M, as per Ministry of Corporate Affairs (MCA) records.
Sangareddiar Veeralakshmi, Subba Alagarsamy, and Jeyachandar serve as directors at the Company.
Company Details
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Location
Virudhunagar, Tamil Nadu, India
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Telephone
+91-XXXXXXXXXX
- Email Address
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Website
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Social Media
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Corporate Identity Details
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CIN/LLPIN
U17111TN1993PTC025971
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Company No.
025971
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
11 Oct 1993
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Date of AGM
24 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Chennai
Industry
Who are the key members and board of directors at Sri Vithya Spinners?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Subba Alagarsamy
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Managing Director | 11-Oct-1993 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
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Sangareddiar Veeralakshmi
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Director | 11-Oct-1993 | Current |
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Jeyachandar
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Director | 15-Apr-2023 | Current |
Financial Performance of Sri Vithya Spinners.
Sri Vithya Spinners Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 13.75% decrease. The company also saw a substantial fall in profitability, with a 114.63% decrease in profit. The company's net worth dipped by a decrease of 8.95%.
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What is the Ownership and Shareholding Structure of Sri Vithya Spinners?
In 2023, Sri Vithya Spinners had a promoter holding of 67.91% and a public holding of 32.09%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Padmavathi Spinners Private LimitedSangareddiar Veeralakshmi and Subba Alagarsamy are mutual person
Charges (Loans)
₹1.09 Cr
₹0.66 Cr
Charges Breakdown by Lending Institutions
- Union Bank : 0.70 Cr
- Others : 0.30 Cr
- Union Bank Of India : 0.09 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Oct 2021 | Others | ₹3.00 M | Open |
| 12 Apr 2012 | Union Bank Of India | ₹0.92 M | Open |
| 19 Aug 1994 | Union Bank | ₹7.00 M | Open |
| 30 Dec 2005 | Union Bank Of India | ₹3.74 M | Satisfied |
| 13 May 2003 | Union Bank Of India | ₹2.40 M | Satisfied |
How Many Employees Work at Sri Vithya Spinners?
Sri Vithya Spinners has a workforce of 24 employees as of Mar 31, 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 Vithya 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 Vithya 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.
