Sudhan Spinning Mills Private Limited
Manufactures cotton yarn, knitted fabric, and cotton waste since 1988 in Coimbatore, Tamil Nadu.
1988 | Coimbatore, Tamil Nadu (India) | Active
Sudhan Spinning Mills Profile
Key Indicators
- Authorised Capital ₹ 6.00 M
- Paid Up Capital ₹ 6.00 M
- Company Age 37 Year, 1 Month
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 378.59 Cr
- Satisfied Charges ₹ 381.76 Cr
- Revenue Growth -43.36%
- Profit Growth -131.54%
- Ebitda -112.87%
- Net Worth -5.57%
- Total Assets -14.50%
About Sudhan Spinning Mills
Sudhan Spinning Mills Private Limited (SSMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 16 March 1988 and has a history of 37 years and one month. Its registered office is in Coimbatore, Tamil Nadu, India.
The Corporate was formerly known as Sudhan Spinning Mills 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 2024. It's a company limited by shares with an authorized capital of Rs 6.00 M and a paid-up capital of Rs 6.00 M.
The company currently has active open charges totaling ₹378.59 Cr. The company has closed loans amounting to ₹381.76 Cr, as per Ministry of Corporate Affairs (MCA) records.
Sennimalai Veluswamy and Veluswamy Dhanalakshmi serve as directors at the Company.
Company Details
- Location
Coimbatore, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U17111TZ1988PTC002135
- Company No.
002135
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
16 Mar 1988
- Date of AGM
23 Aug 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Coimbatore
Industry
Manufacturing
Sudhan Spinning Mills Private Limited
Explore comprehensive data for Sudhan Spinning Mills Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Sudhan Spinning Mills?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sennimalai Veluswamy  | Managing Director | 26-Mar-2004 | Current |
Board Members (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Veluswamy Dhanalakshmi | Whole-Time Director | 21-Jul-2014 | Current |
Financial Performance of Sudhan Spinning Mills.
Sudhan Spinning Mills Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 43.36% decrease. The company also saw a substantial fall in profitability, with a 131.54% decrease in profit. The company's net worth dipped by a decrease of 5.57%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Sudhan Spinning Mills?
In 2023, Sudhan 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.
Related Corporates (Common Directorship)
- Sudhan Trading Private Limited
Sennimalai Veluswamy and Veluswamy Dhanalakshmi are mutual person
- Renergy Equipments India Private Limited
Sennimalai Veluswamy is a mutual person
- Prabhu Spinning Mills Private Limited
Veluswamy Dhanalakshmi is a mutual person
Charges (Loans)
Open Charges
₹3,785.90 M
Satisfied Charges
₹3,817.63 M
Charges Breakdown by Lending Institutions
- Canara Bank : 378.59 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 19 Apr 2023 | Canara Bank | ₹145.00 Cr | Open |
| 27 Dec 2021 | Canara Bank | ₹6.00 Cr | Open |
| 27 Dec 2021 | Canara Bank | ₹6.24 Cr | Open |
| 28 Sep 2020 | Canara Bank | ₹3.85 Cr | Open |
| 28 Sep 2020 | Canara Bank | ₹3.85 Cr | Open |
How Many Employees Work at Sudhan Spinning Mills?
Sudhan Spinning Mills has a workforce of 890 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Sudhan 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 Sudhan Spinning 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 Sudhan Spinning Mills
Recent activity within the organization
- Annual General Meeting
Sudhan Spinning Mills Private Limited last Annual general meeting of members was held on 23 Aug 2024 as per latest MCA records.
- Charges
A charge with Canara Bank of Rs. 1,450.00 M registered on 19 Apr 2023 with Charge ID 100715338 was modified on 26 Jun 2024.
- Balance Sheet
Sudhan Spinning Mills Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore.
- Charges
A charge with Canara Bank amounted to Rs. 1,450.00 M with Charge ID 100715338 was registered on 19 Apr 2023.
- Charges
A charge registered on 06 Mar 2015 via Charge ID 10555907 with State Bank Of India was fully satisfied on 18 Jul 2022.
- Charges
A charge with Canara Bank amounted to Rs. 60.00 M with Charge ID 100524708 was registered on 27 Dec 2021.
Frequently asked questions
What is the Incorporation or founding date of Sudhan Spinning Mills Private Limited?
Sudhan Spinning Mills Private Limited was incorporated on 16 Mar 1988.
What is authorized share capital and paid-up capital of Sudhan Spinning Mills Private Limited?
The authorized share capital of Sudhan Spinning Mills Private Limited is ₹ 6.00 M and paid-up capital is ₹ 6.00 M.
Who are the current board members & directors of Sudhan Spinning Mills Private Limited?
Currently 2 directors are associated with Sudhan Spinning Mills Private Limited.
- Sennimalai Gounder Pallapalayam Veluswamy
- Veluswamy Dhanalakshmi
What is the registered address of Sudhan Spinning Mills Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Sudhan Spinning Mills Private Limited is 19/1, Errukkadu First Street Karuvampalayam India, Tirpur, Tamil Nadu, 641604.
What is the corporate identification number (CIN) and company number of Sudhan Spinning Mills Private Limited?
The corporate identification number (CIN) of Sudhan Spinning Mills Private Limited is U17111TZ1988PTC002135 and the company number is 002135 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Sudhan Spinning Mills Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Sudhan Spinning Mills Private Limited has fallen by -43.36%.
How many employees does Sudhan Spinning Mills Private Limited currently have?
As Per 2023 financial reports, 890 employees are currently employed by Sudhan Spinning Mills Private Limited.
What change has been observed in the net worth of Sudhan Spinning Mills Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Sudhan Spinning Mills Private Limited has experienced an downturn of -5.57%.
What are the total open charges for Sudhan Spinning Mills Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Sudhan Spinning Mills Private Limited amount to ₹ 378.59 Cr.
When was the last Balance Sheet of Sudhan Spinning Mills Private Limited filed with the ROC?
The most recent Balance Sheet for Sudhan Spinning Mills Private Limited was filed with the ROC on 31 Mar 2024.
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