Suryavarada Spinning Mills Profile
Key Indicators
- Authorised Capital ₹ 4.25 Cr
- Paid Up Capital ₹ 4.25 Cr
- Company Age 29 Year, 8 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 40.30%
- 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 eight 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, Poopathi Villalan, 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
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 |
|---|---|---|---|
| Poopathi Villalan | Director | 15-Jul-2009 | Current |
| Karthic Sugumari | Director | 24-Aug-2020 | Current |
| Nagarajan Karthic | Whole-Time Director | 19-Jun-1995 | 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
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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)
₹1.70 Cr
₹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
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.
