The Tuticorin Spinning Mills Profile
Key Indicators
- Authorised Capital ₹ 5.50 Cr
as on 15-05-2024
- Paid Up Capital ₹ 5.32 Cr
as on 15-05-2024
- Company Age 78 Year, 5 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 3.51 Cr
as on 15-05-2024
- Satisfied Charges ₹ 287.18 Cr
as on 15-05-2024
- Revenue -55.54%
(FY 2021)
- Profit -70.20%
(FY 2021)
- Ebitda -42.35%
(FY 2021)
- Net Worth 39.55%
(FY 2021)
- Total Assets 33.21%
(FY 2021)
About The Tuticorin Spinning Mills
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 2023. It's a company limited by shares with an authorized capital of Rs 5.50 Cr and a paid-up capital of Rs 5.32 Cr.
The company currently has active open charges totaling ₹3.51 Cr. The company has closed loans amounting to ₹287.18 Cr, as per Ministry of Corporate Affairs (MCA) records.
Nataraja Gnanamani, Anitha Ilango, Ilango Vetrivel, and Two other members serve as directors at the Company.
- CIN/LLPIN
U17111TN1946PLC002999
- Company No.
002999
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
17 Jul 1946
- Date of AGM
29 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Company Details
- Location
Tuticorin, Tamil Nadu, India
- Telephone
- Email Address
- Website
- Social Media
Who are the key members and board of directors at The Tuticorin Spinning Mills?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ilango Vetrivel  | Managing Director | 24-Jan-2024 | Current |
Board Members(4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Anitha Ilango | Additional Director | 29-Feb-2024 | Current |
| Nataraja Gnanamani | Director | 28-Feb-1974 | Current |
| Antony Kannan | Additional Director | 10-Feb-2023 | Current |
| Chidambaram Amarnath | Director | 12-Nov-2004 | Current |
Financial Performance of The Tuticorin Spinning Mills.
The Tuticorin Spinning Mills Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 55.54% decrease. The company also saw a substantial fall in profitability, with a 70.2% decrease in profit. The company's net worth Soared by an impressive increase of 39.55%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of The Tuticorin Spinning Mills?
In 2020, The Tuticorin Spinning Mills had a promoter holding of 74.24% and a public holding of 25.76%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Osd Hrc Pipeline Engineers Private LimitedActive 14 years 10 monthsAnitha Ilango and Ilango Vetrivel are mutual person
Hydrocarbon Project Engineers LimitedActive 19 years 2 monthsAnitha Ilango and Ilango Vetrivel are mutual person
Tuticorin Peak Yarn Trading Company Private LimitedActive 34 years 9 monthsAnitha Ilango is a mutual person
- Blue Mountain Pharmaceutical Industries Private LimitedActive 3 years 7 months
Anitha Ilango and Ilango Vetrivel are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Bank Of Madura Ltd Creation Date: 01 Feb 1995 | ₹1.41 M | Open |
The Industrial Credit & Investment Co.Of India Ltd Creation Date: 04 Jul 1994 | ₹2.00 Cr | Open |
Bank Of Madura Ltd Creation Date: 08 May 1992 | ₹8.82 M | Open |
How Many Employees Work at The Tuticorin Spinning Mills?
The Tuticorin Spinning Mills has a workforce of 7 employees as of Apr 08, 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 The Tuticorin 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 The Tuticorin 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.
