Ultra Spinners India Private Limited

Manufactures hosiery garments for private businesses.

2006 | Coimbatore, Tamil Nadu (India) | Active
Last Updated:

Ultra Spinners India Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 0.10 M
  • Company Age 18 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 38.99 Cr
  • Satisfied Charges ₹ 37.05 Cr
  • Revenue Growth 39.03%
  • Profit Growth 645.69%
  • Ebitda 6422.35%
  • Net Worth 52.20%
  • Total Assets -19.78%

About Ultra Spinners India

Ultra Spinners India Private Limited (USIPL) is a Private Limited Indian Non-Government Company incorporated in India on 23 August 2006 and has a history of 18 years and nine months. Its registered office is in Coimbatore, Tamil Nadu, India.

The Company is engaged in the Fashion And Textile 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 2.00 Cr and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹38.99 Cr. The company has closed loans amounting to ₹37.05 Cr, as per Ministry of Corporate Affairs (MCA) records.

Nachimuthu Velusamy, Chinnasamy Ramesharavind, and Sasivarnan serve as directors at the Company.

Company Details

  • Location

    Coimbatore, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U17111TZ2006PTC013013

  • Company No.

    013013

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    23 Aug 2006

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Fashion and Textile
Company report

Ultra Spinners India Private Limited

Explore comprehensive data for Ultra Spinners India Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Ultra Spinners India?

Executive Team (1)

NameDesignationAppointment DateStatus
Nachimuthu Velusamy Country flag representing In Managing Director04-Aug-2014Current

Board Members (2)

NameDesignationAppointment DateStatus
Chinnasamy Ramesharavind Country flag representing In Director 02-Mar-2015Current
Sasivarnan Country flag representing In Director 02-Mar-2015Current

Financial Performance of Ultra Spinners India.

Ultra Spinners India Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 39.03% increase. The company also saw a substantial improvement in profitability, with a 645.69% increase in profit. The company's net worth Soared by an impressive increase of 52.2%.

Ultra Spinners India revenue growth over time
Ultra Spinners India 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
39.03%
Revenue from Operations
-14.67%
Total Assets
-19.78%
Profit or Loss
645.69%
Net Worth
52.20%
EBITDA
6422.35%

What is the Ownership and Shareholding Structure of Ultra Spinners India?

In 2023, Ultra 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

₹38.99 Cr

Satisfied Charges

₹37.05 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 20.50 Cr
  • The South Indian Bank Limited : 18.49 Cr

Latest Charge Details

DateLenderAmountStatus
26 Apr 2022Axis Bank Limited₹20.50 CrOpen
24 Jun 2016The South Indian Bank Limited₹18.49 CrOpen
17 Apr 2007State Bank Of India₹37.05 CrSatisfied

How Many Employees Work at Ultra Spinners India?

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

Employee growth trends for Ultra Spinners India Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Ultra 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 Ultra 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 Ultra Spinners India

Recent activity within the organization

  • Annual General Meeting

    Ultra Spinners India Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Ultra Spinners India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Coimbatore.

  • Charges

    A charge with The South Indian Bank Limited of Rs. 18.49 Cr registered on 24 Jun 2016 with Charge ID 100043470 was modified on 02 Nov 2022.

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 20.50 Cr with Charge ID 100578907 was registered on 26 Apr 2022.

  • Charges

    A charge with The South Indian Bank Limited amounted to Rs. 18.49 Cr with Charge ID 100043470 was registered on 24 Jun 2016.

  • Director Appointment

    Chinnasamy Ramesharavind was appointed as a Director was appointed as a Director on 02 Mar 2015 & has been associated with this company since 10 years 2 months .

Frequently asked questions

  • What is the Incorporation or founding date of Ultra Spinners India Private Limited?

    Ultra Spinners India Private Limited was incorporated on 23 Aug 2006.

  • What is authorized share capital and paid-up capital of Ultra Spinners India Private Limited?

    The authorized share capital of Ultra Spinners India Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 0.10 M.

  • Who are the current board members & directors of Ultra Spinners India Private Limited?

    Currently 3 directors are associated with Ultra Spinners India Private Limited.

    • Nachimuthu Velusamy
    • Chinnasamy Ramesharavind
    • Sasivarnan
  • What is the registered address of Ultra Spinners India Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Ultra Spinners India Private Limited is No.7(2)/3B Toplight Building Palladam Road, India, Tirupur, Tamil Nadu, 641604.

  • What is the corporate identification number (CIN) and company number of Ultra Spinners India Private Limited?

    The corporate identification number (CIN) of Ultra Spinners India Private Limited is U17111TZ2006PTC013013 and the company number is 013013 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Ultra Spinners India Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Ultra Spinners India Private Limited has risen by 39.03%.

  • What change has been observed in the net worth of Ultra Spinners India Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Ultra Spinners India Private Limited has experienced an upsurge of 52.20%.

  • What are the total open charges for Ultra Spinners India Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Ultra Spinners India Private Limited amount to ₹ 38.99 Cr.

  • When was the last Balance Sheet of Ultra Spinners India Private Limited filed with the ROC?

    The most recent Balance Sheet for Ultra Spinners India Private Limited was filed with the ROC on 31 Mar 2023.

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