Sumathi Spinning Mills Private Limited

Manufactures cotton yarn in various counts since 2006, based in Coimbatore, Tamil Nadu.

2006 | Coimbatore, Tamil Nadu (India) | Active
Last Updated:

Sumathi Spinning Mills Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 1.00 Cr
  • Company Age 18 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 38.41 Cr
  • Satisfied Charges ₹ 31.45 Cr
  • Revenue Growth 9.93%
  • Profit Growth -77.04%
  • Ebitda -27.00%
  • Net Worth 2.07%
  • Total Assets -0.81%

About Sumathi Spinning Mills

Sumathi Spinning Mills Private Limited (SSMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 31 March 2006 and has a history of 18 years and 11 months. Its registered office is in Coimbatore, Tamil Nadu, India.

The Corporate was formerly known as Shumathy Spinning Mills Private 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 1.00 Cr and a paid-up capital of Rs 1.00 Cr.

The company currently has active open charges totaling ₹38.41 Cr. The company has closed loans amounting to ₹31.45 Cr, as per Ministry of Corporate Affairs (MCA) records.

Karthikeyan Swaminathan and Sumathi Karthikeyan 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

    U17111TZ2006PTC012693

  • Company No.

    012693

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    31 Mar 2006

  • Date of AGM

    28 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Manufacturing

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

Board Members (2)

NameDesignationAppointment DateStatus
Karthikeyan Swaminathan Country flag representing In Director 23-May-2012Current
Sumathi Karthikeyan Country flag representing In Director 31-Mar-2006Current

Financial Performance of Sumathi Spinning Mills.

Sumathi Spinning Mills Private Limited, for the financial year ended 2024, experienced modest growth in revenue, with a 9.93% increase. The company also saw a substantial fall in profitability, with a 77.04% decrease in profit. The company's net worth moved up by a moderate rise of 2.07%.

Sumathi Spinning Mills revenue growth over time
Sumathi Spinning Mills 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
9.93%
Revenue from Operations
7.83%
Total Assets
-0.81%
Profit or Loss
-77.04%
Net Worth
2.07%
EBITDA
-27.00%

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

In 2024, Sumathi 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

₹38.41 Cr

Satisfied Charges

₹31.45 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 38.00 Cr
  • Kirloskar Investments And Finance Ltd : 0.41 Cr

Latest Charge Details

DateLenderAmountStatus
26 Mar 2022State Bank Of India₹35.00 CrOpen
13 Nov 2020State Bank Of India₹3.00 CrOpen
12 May 1998Kirloskar Investments And Finance Ltd₹4.14 MOpen
13 Dec 2021Indian Bank₹2.05 CrSatisfied
30 Apr 2010Indian Bank₹24.19 CrSatisfied

How Many Employees Work at Sumathi Spinning Mills?

Sumathi Spinning Mills has a workforce of 120 employees as of Dec 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.

Employee growth trends for Sumathi Spinning Mills Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Sumathi 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 Sumathi 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 Sumathi Spinning Mills

Recent activity within the organization

  • Charges

    A charge with State Bank Of India of Rs. 35.00 Cr registered on 26 Mar 2022 with Charge ID 100552315 was modified on 17 Feb 2025.

  • Annual General Meeting

    Sumathi Spinning Mills Private Limited last Annual general meeting of members was held on 28 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Sumathi Spinning Mills Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore.

  • Charges

    A charge with State Bank Of India amounted to Rs. 35.00 Cr with Charge ID 100552315 was registered on 26 Mar 2022.

  • Charges

    A charge registered on 13 Dec 2021 via Charge ID 100513942 with Indian Bank was fully satisfied on 05 Mar 2022.

  • Charges

    A charge registered on 30 Apr 2010 via Charge ID 10220272 with Indian Bank was fully satisfied on 05 Mar 2022.

Frequently asked questions

  • What is the Incorporation or founding date of Sumathi Spinning Mills Private Limited?

    Sumathi Spinning Mills Private Limited was incorporated on 31 Mar 2006.

  • What is authorized share capital and paid-up capital of Sumathi Spinning Mills Private Limited?

    The authorized share capital of Sumathi Spinning Mills Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 1.00 Cr.

  • Who are the current board members & directors of Sumathi Spinning Mills Private Limited?

    Currently 2 directors are associated with Sumathi Spinning Mills Private Limited.

    • Karthikeyan Swaminathan
    • Sumathi Karthikeyan
  • What is the registered address of Sumathi Spinning Mills Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Sumathi Spinning Mills Private Limited is 3/48 C Sathy Main Road Kariyampalayam Post, Annur India, Coimbatore, Tamil Nadu, 641653.

  • What is the corporate identification number (CIN) and company number of Sumathi Spinning Mills Private Limited?

    The corporate identification number (CIN) of Sumathi Spinning Mills Private Limited is U17111TZ2006PTC012693 and the company number is 012693 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Sumathi Spinning Mills Private Limited?

    The Official website of Sumathi Spinning Mills Private Limited is https://www.sumathiyarns.com

  • What has been the recent revenue trend for Sumathi Spinning Mills Private Limited?

    According to the financial reports for the fiscal year 2024, the revenue trend for Sumathi Spinning Mills Private Limited has risen by 9.93%.

  • How many employees does Sumathi Spinning Mills Private Limited currently have?

    As Per 2024 financial reports, 120 employees are currently employed by Sumathi Spinning Mills Private Limited.

  • What change has been observed in the net worth of Sumathi Spinning Mills Private Limited, and by what percentage?

    The financial reports for the fiscal year 2024 indicates that The net worth of Sumathi Spinning Mills Private Limited has experienced an upsurge of 2.07%.

  • What are the total open charges for Sumathi Spinning Mills Private Limited?

    As per the financial statements for fiscal Year 2024, The total open charges for Sumathi Spinning Mills Private Limited amount to ₹ 38.41 Cr.

  • When was the last Balance Sheet of Sumathi Spinning Mills Private Limited filed with the ROC?

    The most recent Balance Sheet for Sumathi Spinning Mills Private Limited was filed with the ROC on 31 Mar 2024.