Status Spinning Mills Private Limited

Textile company specializing in cotton and polyester yarn production with over 11,000 spindles.

1995 | Namakkal, Tamil Nadu (India) | Merged
Last Updated: January 18, 2025

Status Spinning Mills Profile

Key Indicators

  • Authorised Capital ₹ 1.60 Cr
  • Paid Up Capital ₹ 1.60 Cr
  • Company Age 29 Year, 7 Months
  • Last Filing with ROC 31 Mar 2017
  • Open Charges ₹ 6.48 Cr
  • Satisfied Charges ₹ 10.48 Cr
  • Revenue Growth 18.62%
  • Profit Growth 204.05%
  • Ebitda 214.73%
  • Net Worth 74.72%
  • Total Assets 98.74%

About Status Spinning Mills

Status Spinning Mills Private Limited (SSMPL) is Amalgamated company established on 23 Jun 1995 with its office registered at Namakkal, Tamil Nadu, India and has been running since 29 Year, 7 Months with a paid up capital of 1.60 Cr. According to MCA records, 4 Directors are linked to this company as of 18 Jan 2025.

Company Details

  • Location

    Namakkal, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17111TZ1995PTC006259

  • Company No.

    006259

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    23 Jun 1995

  • Date of AGM

    30 Sep 2017

  • Date of Balance Sheet

    31 Mar 2017

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Manufacturing

Who are the key members and board of directors at Status Spinning Mills?

Board Members (4)

Name Designation Appointment Date Status
Amit Saigal Country flag representing In Director 31-Oct-2014 Current
Nagarajan Country flag representing In Director 15-Oct-2014 Current
Sudha Thangavell Country flag representing In Director 31-Oct-2014 Current
Balasubramaniam Suresh Country flag representing In Director 31-Oct-2014 Current

Financial Performance of Status Spinning Mills.

Status Spinning Mills Private Limited, for the financial year ended 2016, experienced significant growth in revenue, with a 18.62% increase. The company also saw a substantial improvement in profitability, with a 204.05% increase in profit. The company's net worth Soared by an impressive increase of 74.72%.

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
18.62%
Revenue from Operations
36.87%
Total Assets
98.74%
Profit or Loss
204.05%
Net Worth
74.72%
EBITDA
214.73%

What is the Ownership and Shareholding Structure of Status Spinning Mills?

In 2017, Status Spinning Mills had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹6.48 Cr

Satisfied Charges

₹10.48 Cr

Charges Breakdown by Lending Institutions

  • Tamilnad Mercantile Bank Ltd : 6.48 Cr

Latest Charge Details

Date Lender Amount Status
20 Apr 2015 Tamilnad Mercantile Bank Ltd ₹6.48 Cr Open
29 Apr 2005 Indian Overseas Bank ₹7.53 Cr Satisfied
22 Mar 1997 Tamilnadu Mercantile Bank Ltd ₹4.50 M Satisfied
30 Apr 1996 State Industries Promotion Corp. Of Tamilnadu Ltd ₹2.50 Cr Satisfied

How Many Employees Work at Status Spinning Mills?

Status Spinning Mills has a workforce of 56 employees as of Apr 05, 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 Status Spinning 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 Status Spinning 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 Status Spinning Mills

Recent activity within the organization

  • Annual General Meeting

    Status Spinning Mills Private Limited last Annual general meeting of members was held on 30 Sep 2017 as per latest MCA records.

    30 Sep 2017

  • Balance Sheet

    Status Spinning Mills Private Limited has filed its annual Financial statements for the year ended 31 Mar 2017 with Roc Coimbatore.

    31 Mar 2017

  • Charges

    A charge with Tamilnad Mercantile Bank Ltd of Rs. 6.48 Cr registered on 20 Apr 2015 with Charge ID 10566060 was modified on 25 Sep 2015.

    25 Sep 2015

  • Charges

    A charge with Tamilnad Mercantile Bank Ltd amounted to Rs. 6.48 Cr with Charge ID 10566060 was registered on 20 Apr 2015.

    20 Apr 2015

  • Charges

    A charge registered on 29 Apr 2005 via Charge ID 90007272 with Indian Overseas Bank was fully satisfied on 24 Nov 2014.

    24 Nov 2014

  • Director Appointment

    Amit Saigal was appointed as a Director was appointed as a Director on 31 Oct 2014 & has been associated with this company since 10 years 3 months .

    31 Oct 2014

Frequently asked questions

  • Status Spinning Mills Private Limited was incorporated on 23 Jun 1995.

  • The authorized share capital of Status Spinning Mills Private Limited is ₹ 1.60 Cr and paid-up capital is ₹ 1.60 Cr.

  • Currently 4 directors are associated with Status Spinning Mills Private Limited.

    • Amit Saigal
    • Nagarajan
    • Sudha Thangavell
    • Balasubramaniam Suresh
  • As per Ministry of Corporate Affairs (Mca), the registered address of Status Spinning Mills Private Limited is 4 K.R.P.A.D.Road, Cross Street -2 India, Pallipalayam, Tamil Nadu, 638006.

  • The corporate identification number (CIN) of Status Spinning Mills Private Limited is U17111TZ1995PTC006259 and the company number is 006259 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2016, the revenue trend for Status Spinning Mills Private Limited has risen by 18.62%.

  • As Per 2016 financial reports, 56 employees are currently employed by Status Spinning Mills Private Limited.

  • The financial reports for the fiscal year 2016 indicates that The net worth of Status Spinning Mills Private Limited has experienced an upsurge of 74.72%.

  • As per the financial statements for fiscal Year 2016, The total open charges for Status Spinning Mills Private Limited amount to ₹ 6.48 Cr.

  • The most recent Balance Sheet for Status Spinning Mills Private Limited was filed with the ROC on 31 Mar 2017.

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