Suryavarada Spinning Mills Limited
Produces polyester cotton yarn and trades in various natural and synthetic fibers.
1995 | Erode, Tamil Nadu (India) | Active
Suryavarada Spinning Mills Profile
Key Indicators
- Authorised Capital ₹ 4.25 Cr
- Paid Up Capital ₹ 4.25 Cr
- Company Age 29 Year, 10 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 1.70 Cr
- Satisfied Charges ₹ 3.90 Cr
- Revenue Growth 26.58%
- Profit Growth 46.61%
- Ebitda 302.61%
- Net Worth 17.64%
- Total Assets -4.62%
About Suryavarada Spinning Mills
Suryavarada Spinning Mills Limited (SSML) is a leading Public Limited Indian Non-Government Company incorporated in India on 19 June 1995 and has a history of 29 years and ten months. Its registered office is in Erode, Tamil Nadu, India.
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 4.25 Cr and a paid-up capital of Rs 4.25 Cr.
The company currently has active open charges totaling ₹1.70 Cr. The company has closed loans amounting to ₹3.90 Cr, as per Ministry of Corporate Affairs (MCA) records.
Muthuraja Nagarajan, Nagarajan Karthic, Karthic Sugumari, and One other member serve as directors at the Company.
Company Details
- Location
Erode, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U17111TZ1995PLC006226
- Company No.
006226
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
19 Jun 1995
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Coimbatore
Industry
Manufacturing
Suryavarada Spinning Mills Limited
Explore comprehensive data for Suryavarada Spinning Mills Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Suryavarada Spinning Mills?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Muthuraja Nagarajan  | Managing Director | 19-Jun-1995 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Nagarajan Karthic | Whole-Time Director | 19-Jun-1995 | Current |
| Karthic Sugumari | Director | 24-Aug-2020 | Current |
| Poopathi Villalan | Director | 15-Jul-2009 | Current |
Financial Performance of Suryavarada Spinning Mills.
Suryavarada Spinning Mills Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 26.58% increase. The company also saw a substantial improvement in profitability, with a 46.61% increase in profit. The company's net worth Soared by an impressive increase of 17.64%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Suryavarada Spinning Mills?
In 2022, Suryavarada Spinning Mills had a promoter holding of 98.37% and a public holding of 1.63%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Vendan Technologies Private LimitedMuthuraja Nagarajan is a mutual person
Charges (Loans)
Open Charges
₹1.70 Cr
Satisfied Charges
₹3.90 Cr
Charges Breakdown by Lending Institutions
- Tamilnad Mercantile Bank Limited : 1.52 Cr
- Hdfc Bank Limited : 0.18 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Jan 2021 | Hdfc Bank Limited | ₹1.80 M | Open |
| 17 Jun 2020 | Tamilnad Mercantile Bank Limited | ₹2.40 M | Open |
| 28 Sep 2015 | Tamilnad Mercantile Bank Limited | ₹0.84 M | Open |
| 04 Feb 2015 | Tamilnad Mercantile Bank Limited | ₹1.20 Cr | Open |
| 10 Aug 1998 | The South Indian Bank Limited | ₹1.15 Cr | Satisfied |
How Many Employees Work at Suryavarada Spinning Mills?
Suryavarada Spinning Mills has a workforce of 20 employees as of Apr 06, 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 Suryavarada 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 Suryavarada Spinning Mills's trajectory.
Rating
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Alerts
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Latest Updates, News, and FAQs on Suryavarada Spinning Mills
Recent activity within the organization
- Annual General Meeting
Suryavarada Spinning Mills Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Suryavarada Spinning Mills Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore.
- Charges
A charge with Tamilnad Mercantile Bank Limited of Rs. 1.20 Cr registered on 04 Feb 2015 with Charge ID 10551508 was modified on 23 Mar 2021.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.18 Cr with Charge ID 100444225 was registered on 29 Jan 2021.
- Director Appointment
Karthic Sugumari was appointed as a Director was appointed as a Director on 24 Aug 2020 & has been associated with this company since 4 years 8 months .
- Charges
A charge with Tamilnad Mercantile Bank Limited amounted to Rs. 0.24 Cr with Charge ID 100398122 was registered on 17 Jun 2020.
Frequently asked questions
What is the Incorporation or founding date of Suryavarada Spinning Mills Limited?
Suryavarada Spinning Mills Limited was incorporated on 19 Jun 1995.
What is authorized share capital and paid-up capital of Suryavarada Spinning Mills Limited?
The authorized share capital of Suryavarada Spinning Mills Limited is ₹ 4.25 Cr and paid-up capital is ₹ 4.25 Cr.
Who are the current board members & directors of Suryavarada Spinning Mills Limited?
Currently 4 directors are associated with Suryavarada Spinning Mills Limited.
- Muthuraja Nagarajan
- Nagarajan Karthic
- Karthic Sugumari
- Poopathi Villalan
What is the registered address of Suryavarada Spinning Mills Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Suryavarada Spinning Mills Limited is Mills Premises At 109, Oddanchatram Road India, Dharapuram, Tamil Nadu, 638673.
What is the corporate identification number (CIN) and company number of Suryavarada Spinning Mills Limited?
The corporate identification number (CIN) of Suryavarada Spinning Mills Limited is U17111TZ1995PLC006226 and the company number is 006226 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Suryavarada Spinning Mills Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Suryavarada Spinning Mills Limited has risen by 26.58%.
How many employees does Suryavarada Spinning Mills Limited currently have?
As Per 2022 financial reports, 20 employees are currently employed by Suryavarada Spinning Mills Limited.
What change has been observed in the net worth of Suryavarada Spinning Mills Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Suryavarada Spinning Mills Limited has experienced an upsurge of 17.64%.
What are the total open charges for Suryavarada Spinning Mills Limited?
As per the financial statements for fiscal Year 2022, The total open charges for Suryavarada Spinning Mills Limited amount to ₹ 1.70 Cr.
When was the last Balance Sheet of Suryavarada Spinning Mills Limited filed with the ROC?
The most recent Balance Sheet for Suryavarada Spinning Mills Limited was filed with the ROC on 31 Mar 2024.
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