Standard Spinning And Weaving Mills Limited
Produces cotton yarn through spinning and weaving in Tamil Nadu.
1993 | Virudhunagar, Tamil Nadu (India) | Active
Standard Spinning And Weaving Mills Profile
Key Indicators
- Authorised Capital ₹ 15.00 Cr
- Paid Up Capital ₹ 9.50 Cr
- Company Age 31 Year, 5 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 24.02 Cr
- Satisfied Charges ₹ 17.70 Cr
- Revenue Growth -22.11%
- Profit Growth -90.60%
- Ebitda 12.40%
- Net Worth 0.12%
- Total Assets 7.75%
About Standard Spinning And Weaving Mills
Standard Spinning And Weaving Mills Limited (SSAWML) is a leading Public Limited Indian Non-Government Company incorporated in India on 20 September 1993 and has a history of 31 years and five 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 2023. It's a company limited by shares with an authorized capital of Rs 15.00 Cr and a paid-up capital of Rs 9.50 Cr.
The company currently has active open charges totaling ₹24.02 Cr. The company has closed loans amounting to ₹17.70 Cr, as per Ministry of Corporate Affairs (MCA) records.
Ravindran Selvarathnam, Selvarathnam Pallavi, and Muthusamy serve as directors at the Company.
Company Details
- Location
Virudhunagar, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
-
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U17111TN1993PLC046531
- Company No.
046531
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
20 Sep 1993
- Date of AGM
29 Sep 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 Standard Spinning And Weaving Mills?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ravindran Selvarathnam  | Managing Director | 15-Mar-2013 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Selvarathnam Pallavi | Director | 02-May-2014 | Current |
| Muthusamy | Director | 17-Feb-2023 | Current |
Financial Performance of Standard Spinning And Weaving Mills.
Standard Spinning And Weaving Mills Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 22.11% decrease. The company also saw a substantial fall in profitability, with a 90.6% decrease in profit. The company's net worth moved up by a moderate rise of 0.12%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Standard Spinning And Weaving Mills?
In 2023, Standard Spinning And Weaving Mills had a promoter holding of 95.36% and a public holding of 4.64%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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Ravindran Selvarathnam and Selvarathnam Pallavi are mutual person
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Charges (Loans)
Open Charges
₹24.02 Cr
Satisfied Charges
₹17.70 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 17.92 Cr
- Indian Overseas Bank : 6.10 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 15 Nov 2003 | Indian Overseas Bank | ₹6.10 Cr | Open |
| 22 Feb 1999 | State Bank Of India | ₹17.92 Cr | Open |
| 22 May 2018 | Axis Bank Limited | ₹3.00 Cr | Satisfied |
| 30 Jun 2007 | State Bank Of Travancore | ₹2.10 Cr | Satisfied |
| 19 Jan 2005 | The Laxmi Vilas Bank Ltd | ₹11.05 Cr | Satisfied |
How Many Employees Work at Standard Spinning And Weaving Mills?
Unlock and access historical data on people associated with Standard Spinning And Weaving Mills, 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 Standard Spinning And Weaving 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 Standard Spinning And Weaving Mills'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.
Latest Updates, News, and FAQs on Standard Spinning And Weaving Mills
Recent activity within the organization
- Charges
A charge with Indian Overseas Bank of Rs. 6.10 Cr registered on 15 Nov 2003 with Charge ID 90293161 was modified on 16 Sep 2024.
- Charges
A charge registered on 22 May 2018 via Charge ID 100185825 with Axis Bank Limited was fully satisfied on 22 Nov 2023.
- Annual General Meeting
Standard Spinning And Weaving Mills Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.
- Balance Sheet
Standard Spinning And Weaving Mills Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.
- Charges
A charge with State Bank Of India of Rs. 17.92 Cr registered on 22 Feb 1999 with Charge ID 90287553 was modified on 18 Mar 2023.
- Director Appointment
Muthusamy was appointed as a Director was appointed as a Director on 17 Feb 2023 & has been associated with this company since 2 years 16 days .
Frequently asked questions
What is the Incorporation or founding date of Standard Spinning And Weaving Mills Limited?
Standard Spinning And Weaving Mills Limited was incorporated on 20 Sep 1993.
What is authorized share capital and paid-up capital of Standard Spinning And Weaving Mills Limited?
The authorized share capital of Standard Spinning And Weaving Mills Limited is ₹ 15.00 Cr and paid-up capital is ₹ 9.50 Cr.
Who are the current board members & directors of Standard Spinning And Weaving Mills Limited?
Currently 3 directors are associated with Standard Spinning And Weaving Mills Limited.
- Ravindran Yennarkay Selvarathnam
- Selvarathnam Pallavi
- Muthusamy
What is the registered address of Standard Spinning And Weaving Mills Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Standard Spinning And Weaving Mills Limited is Chinnapandithanpatti Near Malli Village Srivilliputtur Taluk, India, Virudhunagar, Tamil Nadu, 626141.
What is the corporate identification number (CIN) and company number of Standard Spinning And Weaving Mills Limited?
The corporate identification number (CIN) of Standard Spinning And Weaving Mills Limited is U17111TN1993PLC046531 and the company number is 046531 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Standard Spinning And Weaving Mills Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Standard Spinning And Weaving Mills Limited has fallen by -22.11%.
What change has been observed in the net worth of Standard Spinning And Weaving Mills Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Standard Spinning And Weaving Mills Limited has experienced an upsurge of 0.12%.
What are the total open charges for Standard Spinning And Weaving Mills Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Standard Spinning And Weaving Mills Limited amount to ₹ 24.02 Cr.
When was the last Balance Sheet of Standard Spinning And Weaving Mills Limited filed with the ROC?
The most recent Balance Sheet for Standard Spinning And Weaving Mills Limited was filed with the ROC on 31 Mar 2023.
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