About
Basic Data Updated:
14 days agoSugavaneswara Spinning Mills Private Limited, located in Salem, Tamil Nadu, is a renowned manufacturer of high-quality cotton yarn in various counts ranging from 30s to 80s. The company has also ventured into the production of wind power, showcasing its commitment towards sustainable and eco-friendly practices. The mill, situated in the bustling city of Salem, has been the backbone of the company since its inception in 1981. The company was incorporated with the sole purpose of carrying out the production and distribution of cotton, wool, silk, artificial silk, flex, jute, linen, hemp, and other man-made staple fibers and filaments. In addition to its core business, Sugavaneswara Spinning Mills Private Limited also caters to the needs of knitters, weavers, bleachers, yarn and cloth merchants, and machinery dealers. The company takes pride in its wide range of products and services, which includes the supply of bleaching and dyeing materials and other commodities. With its headquarters situated in Salem, Tamil Nadu, Sugavaneswara Spinning Mills Private Limited has established itself as a prominent player in the textile industry.
Industry
Company Details
- Location
Salem, Tamil Nadu, India
- Website12224421
- Telephone12224421
- Email Address12224421
- Social Media12224421
| CIN/LLPIN/FCRN | U17111TZ1981PTC001116 |
| Company No. | 001116 |
| Company Classification | Private Limited Indian Non-Government Company |
| Incorporation Date | 04 Nov 1981 |
| Date of AGM | 27 Sep 2023 |
| Date of Balance Sheet | 31 Mar 2023 |
| Listing Status | Unlisted |
| ROC Code | Roc Coimbatore |
Financials of Sugavaneswara Spinning Mills Private Limited
Sugavaneswara Spinning Mills Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 34.09% increase. The company also saw a substantial improvement in profitability, with a 183.13% increase in profit. The company's net worth Soared by an impressive increase of 45.66%.
Corporate Structure
Unlock access to Sugavaneswara Spinning Mills's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.
People in Sugavaneswara Spinning Mills Private Limited
Unlock and access historical data on people associated with Sugavaneswara Spinning Mills, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Executive Team (2)
AL
Angamuthu Loganathan
Managing DirectorAppointment Date: 14-Jul-1986
Status: Current
TS
Thangavel Sundaravel Managing DirectorAppointment Date: 05-May-1991
Status: Current
Board Members(10)
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Karnataka Bank Ltd. Creation Date: 15 Mar 2022 | ₹1.09 Cr | Open |
Karnataka Bank Ltd. Creation Date: 03 Jul 2020 | ₹2.15 Cr | Open |
Karnataka Bank Ltd. Creation Date: 06 Nov 2019 | ₹3.00 Cr | Open |
Deals i
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Rating
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Alert
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Recent activity within the organization
Annual General Meeting
Sugavaneswara Spinning Mills Private Limited last Annual general meeting of members was held on 27 Sep 2023 as per latest MCA records.
27 Sep 2023Charges
A charge with Karnataka Bank Ltd. of Rs. 3.00 cr registered on 27 Oct 2010 with Charge ID 10252786 was modified on 28 Apr 2023.
28 Apr 2023Balance Sheet
Sugavaneswara Spinning Mills Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Coimbatore.
31 Mar 2023Charges
A charge registered on 11 Apr 2019 via Charge ID 100263840 with Karnataka Bank Ltd. was fully satisfied on 27 Jan 2023.
27 Jan 2023Charges
A charge registered on 10 Jan 2009 via Charge ID 10142193 with Karnataka Bank Limited was fully satisfied on 27 Jan 2023.
27 Jan 2023
Frequently asked questions
What is the Incorporation or founding date of Sugavaneswara Spinning Mills Private Limited?
