Sulochana Cotton Spinning Mills Private Limited logo

Sulochana Cotton Spinning Mills Private Limited

Produces various types of yarn and fibers for textile industry since 1990 in Tamil Nadu.
1990 | Tirupur, Tamil Nadu (India) | Active

Last Updated:

July 17, 2024
HomeCompanySulochana Cotton Spinning Mills Private Limited

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

Executive Team (4)

NameDesignationAppointment DateStatus
Krishnakumar Kaushikmurugan InManaging Director11-Sep-2008Current
Shanmugamchettiar Krishnakumar InManaging Director18-Jan-1990Current
Prithvi Krishnakumar InManaging Director04-Sep-2014Current
Gopal GopalakrishnanCEO14-Sep-2020Current

Board Members(4)

NameDesignationAppointment DateStatus
Gopal Gopalakrishnan In Director 14-Sep-2020Current
Krishnakumar Asha In Whole-Time Director 01-Sep-2005Current
Kunjammal In Director 18-Jan-1990Current
Shanmugam Kumar In Additional Director 11-Mar-2021Current

Financial Performance and Corporate Structure Insights 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%.

Revenue Growth Graph
Profit Loss Graph
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-23.24%
Revenue from Operations
-23.99%
Total Assets
5.66%
Profit or Loss
-86.11%
Net Worth
2.59%
EBITDA
-43.38%

Charges (Loans)

Open Charges Satisfied Charges

₹1,831.35 Cr

₹197.22 Cr

LenderAmountStatus

Indian Overseas Bank

Creation Date: 30 Dec 2023
₹36.00 CrOpen

Indian Bank

Creation Date: 20 Dec 2023
₹40.00 CrOpen

Hdfc Bank Limited

Creation Date: 17 Oct 2023
₹81.60 CrOpen

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.

Employee Graph

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Rating

Alerts

Latest Updates, News, and FAQs on Sulochana Cotton Spinning Mills

Recent activity within the organization

  • Charges

    A charge with Indian Overseas Bank amounted to Rs. 36.00 Cr with Charge ID 100840439 was registered on 30 Dec 2023.

    30 Dec 2023

  • Charges

    A charge with Indian Bank amounted to Rs. 40.00 Cr with Charge ID 100833772 was registered on 20 Dec 2023.

    20 Dec 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 81.60 Cr with Charge ID 100818837 was registered on 17 Oct 2023.

    17 Oct 2023

  • Annual General Meeting

    Sulochana Cotton Spinning Mills Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 4.50 Cr with Charge ID 100745941 was registered on 02 Jun 2023.

    02 Jun 2023

  • Charges

    A charge registered on 13 Oct 2021 via Charge ID 100498151 with Others was fully satisfied on 01 Jun 2023.

    01 Jun 2023

Frequently asked questions

  • Sulochana Cotton Spinning Mills Private Limited was incorporated on 08 Jan 1990.

  • The authorized share capital of Sulochana Cotton Spinning Mills Private Limited is ₹ 7.50 Cr and paid-up capital is ₹ 4.94 Cr.

  • Currently 8 directors are associated with Sulochana Cotton Spinning Mills Private Limited.

    • Gopal Damodaran Gopalakrishnan
    • Shanmugamchettiar Krishnakumar
    • Krishnakumar Asha
    • Kunjammal
    • Krishnakumar Kaushikmurugan
    • Prithvi Murugan Krishnakumar
    • Shanmugam Nandha Kumar
    • Gopal Damodaran Gopalakrishnan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sulochana Cotton Spinning Mills Private Limited is 483Kamaraj Road Tirupur, Tamil Nadu, India, 641604.

  • The corporate identification number (CIN) of Sulochana Cotton Spinning Mills Private Limited is U17111TZ1990PTC002580 and the company number is 002580 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Sulochana Cotton Spinning Mills Private Limited is https://www.sulochanamills.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Sulochana Cotton Spinning Mills Private Limited has fallen by -23.24%.

  • As Per 2023 financial reports, 2221 employees are currently employed by Sulochana Cotton Spinning Mills Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Sulochana Cotton Spinning Mills Private Limited has experienced an upsurge of 2.59%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Sulochana Cotton Spinning Mills Private Limited amount to ₹ 1,831.35 Cr.

  • The most recent Balance Sheet for Sulochana Cotton Spinning Mills Private Limited was filed with the ROC on 31 Mar 2023.

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