Sri Vignesh Yarns Private Limited

Produces hosiery and compact yarns in various counts and greige fabric through job work.

1983 | Coimbatore, Tamil Nadu (India) | Active
Last Updated: December 24, 2024

Sri Vignesh Yarns Profile

Key Indicators

  • Authorised Capital ₹ 6.00 M
  • Paid Up Capital ₹ 4.80 M
  • Company Age 41 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 136.16 Cr
  • Satisfied Charges ₹ 5.00 Cr
  • Revenue Growth -10.94%
  • Profit Growth -45.65%
  • Ebitda -42.00%
  • Net Worth 3.70%
  • Total Assets -3.97%

About Sri Vignesh Yarns

Sri Vignesh Yarns Private Limited (SVYPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 02 April 1983 and has a history of 41 years and ten months. Its registered office is in Coimbatore, Tamil Nadu, India.

The Corporate was formerly known as Sri Vignesh Yarns 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 6.00 M and a paid-up capital of Rs 4.80 M.

The company currently has active open charges totaling ₹136.16 Cr. The company has closed loans amounting to ₹5.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Thangannagounder Sivakumar and Sivakumar Shanthi serve as directors at the Company.

Company Details

  • Location

    Coimbatore, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17111TZ1983PTC001266

  • Company No.

    001266

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    02 Apr 1983

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Manufacturing

Who are the key members and board of directors at Sri Vignesh Yarns?

Executive Team (1)

Name Designation Appointment Date Status
Thangannagounder Sivakumar Country flag representing In Managing Director 16-Jan-1984 Current

Board Members (1)

Name Designation Appointment Date Status
Sivakumar Shanthi Country flag representing In Director 19-Jan-2011 Current

Financial Performance of Sri Vignesh Yarns.

Sri Vignesh Yarns Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 10.94% decrease. The company also saw a substantial fall in profitability, with a 45.65% decrease in profit. The company's net worth moved up by a moderate rise of 3.7%.

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
-10.94%
Revenue from Operations
-12.46%
Total Assets
-3.97%
Profit or Loss
-45.65%
Net Worth
3.70%
EBITDA
-42.00%

What is the Ownership and Shareholding Structure of Sri Vignesh Yarns?

In 2022, Sri Vignesh Yarns had a promoter holding of 58.73% and a public holding of 41.27%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹1,361.65 M

Satisfied Charges

₹50.00 M

Charges Breakdown by Lending Institutions

  • Others : 124.23 Cr
  • Punjab National Bank : 11.88 Cr
  • The Tiic Ltd : 0.05 Cr

Latest Charge Details

Date Lender Amount Status
28 Jun 2024 Others ₹10.00 Cr Open
30 Aug 2023 Others ₹23.47 Cr Open
03 Jan 2020 Others ₹15.00 Cr Open
19 Mar 2004 Punjab National Bank ₹1.00 Cr Open
23 Apr 2001 Punjab National Bank ₹1.60 Cr Open

How Many Employees Work at Sri Vignesh Yarns?

Sri Vignesh Yarns has a workforce of 192 employees as of Mar 29, 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 Vignesh Yarns, 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 Vignesh Yarns'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 Vignesh Yarns

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 100.00 M with Charge ID 100940309 was registered on 28 Jun 2024.

    28 Jun 2024

  • Charges

    A charge with Others of Rs. 234.70 M registered on 30 Aug 2023 with Charge ID 100775165 was modified on 22 Apr 2024.

    22 Apr 2024

  • Annual General Meeting

    Sri Vignesh Yarns Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge with Others amounted to Rs. 234.70 M with Charge ID 100775165 was registered on 30 Aug 2023.

    30 Aug 2023

  • Charges

    A charge with Others of Rs. 757.60 M registered on 07 Dec 1994 with Charge ID 90000472 was modified on 30 Aug 2023.

    30 Aug 2023

  • Balance Sheet

    Sri Vignesh Yarns Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Coimbatore.

    31 Mar 2023

Frequently asked questions

  • Sri Vignesh Yarns Private Limited was incorporated on 02 Apr 1983.

  • The authorized share capital of Sri Vignesh Yarns Private Limited is ₹ 6.00 M and paid-up capital is ₹ 4.80 M.

  • Currently 2 directors are associated with Sri Vignesh Yarns Private Limited.

    • Thangannagounder Sivakumar
    • Sivakumar Shanthi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sri Vignesh Yarns Private Limited is 88F 17 - C, Kamaraj Road India, Tirupur, Tamil Nadu, 641604.

  • The corporate identification number (CIN) of Sri Vignesh Yarns Private Limited is U17111TZ1983PTC001266 and the company number is 001266 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Sri Vignesh Yarns Private Limited is https://www.vigneshyarns.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Sri Vignesh Yarns Private Limited has fallen by -10.94%.

  • As Per 2023 financial reports, 192 employees are currently employed by Sri Vignesh Yarns Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Sri Vignesh Yarns Private Limited has experienced an upsurge of 3.70%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Sri Vignesh Yarns Private Limited amount to ₹ 136.16 Cr.

  • The most recent Balance Sheet for Sri Vignesh Yarns Private Limited was filed with the ROC on 31 Mar 2023.

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