Standard Spinning And Weaving Mills Profile
Key Indicators
- Authorised Capital ₹ 15.00 Cr
- Paid Up Capital ₹ 9.50 Cr
- Company Age 31 Year, 4 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 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 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
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Location
Virudhunagar, Tamil Nadu, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U17111TN1993PLC046531
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Company No.
046531
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Company Classification
Public Limited Indian Non-Government Company
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Incorporation Date
20 Sep 1993
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Date of AGM
29 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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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 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
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Director | 02-May-2014 | Current |
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Muthusamy
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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%.
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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 is a mutual person
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Yennarkay Printers Private LimitedRavindran Selvarathnam is a mutual person
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Aluminium Powder Company Limited
Ravindran Selvarathnam is a mutual person
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Greenza Wind Energy Private Limited
Ravindran Selvarathnam and Selvarathnam Pallavi are mutual person
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Selvarathnam Matches Private Limited
Ravindran Selvarathnam and Selvarathnam Pallavi are mutual person
Charges (Loans)
₹24.02 Cr
₹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
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Alerts
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