Swami Palani Anadavar Spinners (India) Private Limited
Manufactures cotton yarns in Tamil Nadu since 2004.
2004 | Erode, Tamil Nadu (India) | Active
Swami Palani Anadavar Spinners (India) Profile
Key Indicators
- Authorised Capital ₹ 4.00 Cr
- Paid Up Capital ₹ 3.80 Cr
- Company Age 21 Year, 1 Month
- Last Filing with ROC 31 Mar 2020
- Open Charges ₹ 34.26 Cr
- Satisfied Charges ₹ 3.26 Cr
- Revenue Growth -34.58%
- Profit Growth -32.58%
- Ebitda 53.67%
- Net Worth 4.19%
- Total Assets -4.45%
About Swami Palani Anadavar Spinners (India)
Swami Palani Anadavar Spinners (India) Private Limited (SPASIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 29 January 2004 and has a history of 21 years and one month. 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 2020. It's a company limited by shares with an authorized capital of Rs 4.00 Cr and a paid-up capital of Rs 3.80 Cr.
The company currently has active open charges totaling ₹34.26 Cr. The company has closed loans amounting to ₹3.26 Cr, as per Ministry of Corporate Affairs (MCA) records.
Ramasamy Kittusamy, Kulandaisamy Saroja, Kalidass Malarvizhi, 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
U17111TZ2004PTC010947
- Company No.
010947
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
29 Jan 2004
- Date of AGM
31 Dec 2020
- Date of Balance Sheet
31 Mar 2020
- Listing Status
Unlisted
- ROC Code
Roc Coimbatore
Industry
Manufacturing
Who are the key members and board of directors at Swami Palani Anadavar Spinners (India)?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Kittusamy Prabu  | Managing Director | 18-Dec-2021 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Ramasamy Kittusamy | Director | 29-Jan-2004 | Current |
| Kulandaisamy Saroja | Director | 29-Jan-2004 | Current |
| Kalidass Malarvizhi | Director | 18-Dec-2021 | Current |
Financial Performance of Swami Palani Anadavar Spinners (India).
Swami Palani Anadavar Spinners (India) Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 34.58% decrease. The company also saw a substantial fall in profitability, with a 32.58% decrease in profit. The company's net worth moved up by a moderate rise of 4.19%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Swami Palani Anadavar Spinners (India)?
In 2019, Swami Palani Anadavar Spinners (India) had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
- Palani Andavar Cotspin Private Limited
Ramasamy Kittusamy and Kulandaisamy Saroja are mutual person
- Swami Palani Andavar Green Energy Private Limited
Kalidass Malarvizhi and Kittusamy Prabu are mutual person
Charges (Loans)
Open Charges
₹34.26 Cr
Satisfied Charges
₹3.26 Cr
Charges Breakdown by Lending Institutions
- Karnataka Bank Ltd. : 34.26 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 24 May 2024 | Karnataka Bank Ltd. | ₹5.00 Cr | Open |
| 01 Sep 2006 | Karnataka Bank Ltd. | ₹29.26 Cr | Open |
| 13 May 2004 | Canara Bank | ₹2.60 Cr | Satisfied |
| 26 Mar 2004 | The Tamilnadu Industrial Investment Corp. Ltd | ₹6.58 M | Satisfied |
How Many Employees Work at Swami Palani Anadavar Spinners (India)?
Unlock and access historical data on people associated with Swami Palani Anadavar Spinners (India), such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Swami Palani Anadavar Spinners (India), 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 Swami Palani Anadavar Spinners (India)'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.
Latest Updates, News, and FAQs on Swami Palani Anadavar Spinners (India)
Recent activity within the organization
- Charges
A charge with Karnataka Bank Ltd. amounted to Rs. 5.00 Cr with Charge ID 100965644 was registered on 24 May 2024.
- Director Appointment
Kalidass Malarvizhi was appointed as a Director was appointed as a Director on 18 Dec 2021 & has been associated with this company since 3 years 2 months .
- Director Appointment
Kittusamy Prabu was appointed as a Managing Director was appointed as a Managing Director on 18 Dec 2021 & has been associated with this company since 3 years 2 months .
- Charges
A charge with Karnataka Bank Ltd. of Rs. 29.26 Cr registered on 01 Sep 2006 with Charge ID 10021870 was modified on 23 Mar 2021.
- Annual General Meeting
Swami Palani Anadavar Spinners (India) Private Limited last Annual general meeting of members was held on 31 Dec 2020 as per latest MCA records.
- Balance Sheet
Swami Palani Anadavar Spinners (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Coimbatore.
Frequently asked questions
What is the Incorporation or founding date of Swami Palani Anadavar Spinners (India) Private Limited?
Swami Palani Anadavar Spinners (India) Private Limited was incorporated on 29 Jan 2004.
What is authorized share capital and paid-up capital of Swami Palani Anadavar Spinners (India) Private Limited?
The authorized share capital of Swami Palani Anadavar Spinners (India) Private Limited is ₹ 4.00 Cr and paid-up capital is ₹ 3.80 Cr.
Who are the current board members & directors of Swami Palani Anadavar Spinners (India) Private Limited?
Currently 4 directors are associated with Swami Palani Anadavar Spinners (India) Private Limited.
- Ramasamy Gounder Kittusamy
- Kulandaisamy Saroja
- Kalidass Malarvizhi
- Kittusamy Prabu
What is the registered address of Swami Palani Anadavar Spinners (India) Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Swami Palani Anadavar Spinners (India) Private Limited is No.345/B, Molagoundanvalasu Road M.G.Valasu India, Vellakovil, Tamil Nadu, 638111.
What is the corporate identification number (CIN) and company number of Swami Palani Anadavar Spinners (India) Private Limited?
The corporate identification number (CIN) of Swami Palani Anadavar Spinners (India) Private Limited is U17111TZ2004PTC010947 and the company number is 010947 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Swami Palani Anadavar Spinners (India) Private Limited?
According to the financial reports for the fiscal year 2020, the revenue trend for Swami Palani Anadavar Spinners (India) Private Limited has fallen by -34.58%.
What change has been observed in the net worth of Swami Palani Anadavar Spinners (India) Private Limited, and by what percentage?
The financial reports for the fiscal year 2020 indicates that The net worth of Swami Palani Anadavar Spinners (India) Private Limited has experienced an upsurge of 4.19%.
What are the total open charges for Swami Palani Anadavar Spinners (India) Private Limited?
As per the financial statements for fiscal Year 2020, The total open charges for Swami Palani Anadavar Spinners (India) Private Limited amount to ₹ 34.26 Cr.
When was the last Balance Sheet of Swami Palani Anadavar Spinners (India) Private Limited filed with the ROC?
The most recent Balance Sheet for Swami Palani Anadavar Spinners (India) Private Limited was filed with the ROC on 31 Mar 2020.
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