Sulochana Cotton Spinning Mills Profile
Key Indicators
- Authorised Capital ₹ 7.50 Cr
- Paid Up Capital ₹ 4.94 Cr
- Company Age 35 Year, 1 Month
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 1,831.35 Cr
- Satisfied Charges ₹ 197.22 Cr
- Revenue Growth -23.24%
- Profit Growth -86.11%
- Ebitda -43.38%
- Net Worth 2.59%
- Total Assets 5.66%
About Sulochana Cotton Spinning Mills
Sulochana Cotton Spinning Mills Private Limited (SCSMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 08 January 1990 and has a history of 35 years and one month. Its registered office is in Tirupur, Tamil Nadu, India.
The Company is engaged in the Environment 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 7.50 Cr and a paid-up capital of Rs 4.94 Cr.
The company currently has active open charges totaling ₹1,831.35 Cr. The company has closed loans amounting to ₹197.22 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Sulochana Cotton Spinning Mills Private Limited India is Gopal Gopalakrishnan as CEO. Gopal Gopalakrishnan, Shanmugamchettiar Krishnakumar, Krishnakumar Asha, and Four other members serve as directors at the Company.
Company Details
- Location
Tirupur, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U17111TZ1990PTC002580
- Company No.
002580
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
08 Jan 1990
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Coimbatore
Industry
What products or services does Sulochana Cotton Spinning Mills Private Limited offer?
Sulochana Cotton Spinning Mills Private Limited offers a wide range of products and services, including Bed Mattress, Sleeping Mattress, Synthetic Fibers, Polyester Fiber, Yarn, Melange Yarn, Solar Power Plants, Solar Power Systems, Ladies Wear, Women Clothes.
Who are the key members and board of directors at Sulochana Cotton Spinning Mills?
Executive Team (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Krishnakumar Kaushikmurugan  | Managing Director | 11-Sep-2008 | Current |
| Shanmugamchettiar Krishnakumar | Managing Director | 18-Jan-1990 | Current |
| Prithvi Krishnakumar | Managing Director | 04-Sep-2014 | Current |
| Gopal Gopalakrishnan | CEO | 14-Sep-2020 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Gopal Gopalakrishnan | Director | 14-Sep-2020 | Current |
| Krishnakumar Asha | Whole-Time Director | 01-Sep-2005 | Current |
| Kunjammal | Director | 18-Jan-1990 | Current |
| Shanmugam Kumar | Additional Director | 11-Mar-2021 | Current |
Financial Performance of Sulochana Cotton Spinning Mills.
Sulochana Cotton Spinning Mills Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 23.24% decrease. The company also saw a substantial fall in profitability, with a 86.11% decrease in profit. The company's net worth moved up by a moderate rise of 2.59%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Sulochana Cotton Spinning Mills?
In 2023, Sulochana Cotton Spinning Mills had a promoter holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Sima Textile Processing Centre LimitedShanmugamchettiar Krishnakumar is a mutual person
- Confederation Of Indian Textile Industry
Shanmugamchettiar Krishnakumar is a mutual person
Charges (Loans)
₹1,831.35 Cr
₹197.22 Cr
Charges Breakdown by Lending Institutions
- Indian Bank : 1274.69 Cr
- Hdfc Bank Limited : 263.53 Cr
- State Bank Of India : 140.08 Cr
- Indian Overseas Bank : 123.05 Cr
- Others : 30.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Dec 2023 | Indian Overseas Bank | ₹36.00 Cr | Open |
| 20 Dec 2023 | Indian Bank | ₹40.00 Cr | Open |
| 17 Oct 2023 | Hdfc Bank Limited | ₹81.60 Cr | Open |
| 02 Jun 2023 | Hdfc Bank Limited | ₹4.50 Cr | Open |
| 20 May 2023 | Hdfc Bank Limited | ₹77.20 Cr | Open |
How Many Employees Work at Sulochana Cotton Spinning Mills?
Sulochana Cotton Spinning Mills has a workforce of 2221 employees as of Mar 23, 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 Sulochana Cotton 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 Sulochana Cotton 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.
