Swastik Spinners (India) Private Limited

Manufactures yarn in Chennai, Tamil Nadu since 2012.

2012 | Chennai, Tamil Nadu (India) | Under Liquidation
Last Updated: May 09, 2024

Swastik Spinners (India) Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 1.00 Cr
  • Company Age 12 Year, 2 Months
  • Last Filing with ROC 31 Mar 2018
  • Open Charges ₹ 7.14 Cr
  • Revenue Growth 4.36%
  • Profit Growth 16.55%
  • Ebitda -64.39%
  • Net Worth -100.04%
  • Total Assets 0.25%

About Swastik Spinners (India)

Swastik Spinners (India) Private Limited (SSIPL) is Under Liquidation company established on 30 Nov 2012 with its office registered at Chennai, Tamil Nadu, India and has been running since 12 Year, 2 Months with a paid up capital of 1.00 Cr. According to MCA records, 2 Directors are linked to this company as of 09 May 2024.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17122TN2012PTC088721

  • Company No.

    088721

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    30 Nov 2012

  • Date of AGM

    12 Sep 2018

  • Date of Balance Sheet

    31 Mar 2018

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Manufacturing

Who are the key members and board of directors at Swastik Spinners (India)?

Executive Team (1)

Name Designation Appointment Date Status
Sevugan Ramasamy Country flag representing In Managing Director 30-Nov-2012 Current

Board Members (1)

Name Designation Appointment Date Status
Girish Ramaswamy Country flag representing In Director 30-Nov-2012 Current

Financial Performance of Swastik Spinners (India).

Swastik Spinners (India) Private Limited, for the financial year ended 2018, experienced modest growth in revenue, with a 4.36% increase. The company also saw a substantial improvement in profitability, with a 16.55% increase in profit. The company's net worth observed a substantial decline by a decrease of 100.04%.

Graph illustrating revenue growth over time
Graph showing 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
4.36%
Revenue from Operations
4.31%
Total Assets
0.25%
Profit or Loss
16.55%
Net Worth
-100.04%
EBITDA
-64.39%

What is the Ownership and Shareholding Structure of Swastik Spinners (India)?

In 2018, Swastik 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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹7.14 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Tamilnad Mercantile Bank Limited : 7.14 Cr

Latest Charge Details

Date Lender Amount Status
31 Aug 2016 Tamilnad Mercantile Bank Limited ₹5.00 M Open
20 Mar 2013 Tamilnad Mercantile Bank Limited ₹6.64 Cr Open

How Many Employees Work at Swastik Spinners (India)?

Unlock and access historical data on people associated with Swastik Spinners (India), such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Swastik 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 Swastik Spinners (India)'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 Swastik Spinners (India)

Recent activity within the organization

  • Annual General Meeting

    Swastik Spinners (India) Private Limited last Annual general meeting of members was held on 12 Sep 2018 as per latest MCA records.

    12 Sep 2018

  • Balance Sheet

    Swastik Spinners (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2018 with Roc Chennai.

    31 Mar 2018

  • Charges

    A charge with Tamilnad Mercantile Bank Limited amounted to Rs. 0.50 Cr with Charge ID 100063128 was registered on 31 Aug 2016.

    31 Aug 2016

  • Charges

    A charge with Tamilnad Mercantile Bank Limited of Rs. 6.64 Cr registered on 20 Mar 2013 with Charge ID 10423185 was modified on 30 Jun 2016.

    30 Jun 2016

  • Charges

    A charge with Tamilnad Mercantile Bank Limited amounted to Rs. 6.64 Cr with Charge ID 10423185 was registered on 20 Mar 2013.

    20 Mar 2013

  • Director Appointment

    Girish Ramaswamy was appointed as a Director was appointed as a Director on 30 Nov 2012 & has been associated with this company since 12 years 2 months .

    30 Nov 2012

Frequently asked questions

  • Swastik Spinners (India) Private Limited was incorporated on 30 Nov 2012.

  • The authorized share capital of Swastik Spinners (India) Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 1.00 Cr.

  • Currently 2 directors are associated with Swastik Spinners (India) Private Limited.

    • Girish Ramaswamy
    • Sevugan Chettiar Ramasamy
  • As per Ministry of Corporate Affairs (Mca), the registered address of Swastik Spinners (India) Private Limited is No.22/1 Ormes Road, Kilpauk, Chennai, Tamil Nadu, India, 600010.

  • The corporate identification number (CIN) of Swastik Spinners (India) Private Limited is U17122TN2012PTC088721 and the company number is 088721 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2018, the revenue trend for Swastik Spinners (India) Private Limited has risen by 4.36%.

  • The financial reports for the fiscal year 2018 indicates that The net worth of Swastik Spinners (India) Private Limited has experienced an downturn of -100.04%.

  • As per the financial statements for fiscal Year 2018, The total open charges for Swastik Spinners (India) Private Limited amount to ₹ 7.14 Cr.

  • The most recent Balance Sheet for Swastik Spinners (India) Private Limited was filed with the ROC on 31 Mar 2018.