Venkatagiri Spinning Mills Private Limited

Textile spinning company established in 1989 with headquarters in Coimbatore, Tamil Nadu.

1989 | Coimbatore, Tamil Nadu (India) | Active
Last Updated:

Venkatagiri Spinning Mills Profile

Key Indicators

  • Authorised Capital ₹ 7.80 M
  • Paid Up Capital ₹ 7.30 M
  • Company Age 35 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 4.43 Cr
  • Revenue Growth -11.80%
  • Profit Growth -1046.51%
  • Ebitda 27.71%
  • Net Worth -72.17%
  • Total Assets -16.35%

About Venkatagiri Spinning Mills

Venkatagiri Spinning Mills Private Limited (VSMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 09 November 1989 and has a history of 35 years and six months. Its registered office is in Coimbatore, 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 7.80 M and a paid-up capital of Rs 7.30 M.

The company has closed loans amounting to ₹4.43 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Chandrapuram Ramraj, Jayanthisuresh, Rajalakshmi Ramaraj, and One other member 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

    U17111TZ1989PTC002518

  • Company No.

    002518

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    09 Nov 1989

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Manufacturing
Company report

Venkatagiri Spinning Mills Private Limited

Explore comprehensive data for Venkatagiri Spinning Mills Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Venkatagiri Spinning Mills?

Executive Team (1)

NameDesignationAppointment DateStatus
Chandrapuram Ramraj Country flag representing In Managing Director09-Nov-1989Current

Board Members (3)

NameDesignationAppointment DateStatus
Anusha Aditya Country flag representing In Director 16-Dec-2021Current
Jayanthisuresh Country flag representing In Whole-Time Director 30-Oct-1997Current
Rajalakshmi Ramaraj Country flag representing In Director 31-Mar-2002Current

Financial Performance of Venkatagiri Spinning Mills.

Venkatagiri Spinning Mills Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 11.8% decrease. The company also saw a substantial fall in profitability, with a 1046.51% decrease in profit. The company's net worth observed a substantial decline by a decrease of 72.17%.

Venkatagiri Spinning Mills revenue growth over time
Venkatagiri Spinning Mills 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
-11.80%
Revenue from Operations
-12.14%
Total Assets
-16.35%
Profit or Loss
-1046.51%
Net Worth
-72.17%
EBITDA
27.71%

What is the Ownership and Shareholding Structure of Venkatagiri Spinning Mills?

In 2020, Venkatagiri Spinning Mills had a promoter holding of 92.98% and a public holding of 7.02%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹44.30 M

Charges Breakdown by Lending Institutions

  • Canara Bank : 3.46 Cr
  • Others : 0.97 Cr

Latest Charge Details

DateLenderAmountStatus
04 Jan 2017Others₹9.70 MSatisfied
29 Feb 1992Canara Bank₹1.00 MSatisfied
20 Feb 1992Canara Bank₹3.36 CrSatisfied

How Many Employees Work at Venkatagiri Spinning Mills?

Venkatagiri Spinning Mills has a workforce of 21 employees as of Mar 28, 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.

Employee growth trends for Venkatagiri Spinning Mills Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Venkatagiri 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 Venkatagiri Spinning Mills'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 Venkatagiri Spinning Mills

Recent activity within the organization

  • Annual General Meeting

    Venkatagiri Spinning Mills Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Venkatagiri Spinning Mills Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore.

  • Charges

    A charge registered on 20 Feb 1992 via Charge ID 90000305 with Canara Bank was fully satisfied on 20 Apr 2023.

  • Charges

    A charge with Canara Bank of Rs. 33.60 M registered on 20 Feb 1992 with Charge ID 90000305 was modified on 11 Jan 2022.

  • Director Appointment

    Anusha Aditya was appointed as a Director was appointed as a Director on 16 Dec 2021 & has been associated with this company since 3 years 4 months .

  • Charges

    A charge registered on 04 Jan 2017 via Charge ID 100074418 with Others was fully satisfied on 16 Feb 2021.

Frequently asked questions

  • What is the Incorporation or founding date of Venkatagiri Spinning Mills Private Limited?

    Venkatagiri Spinning Mills Private Limited was incorporated on 09 Nov 1989.

  • What is authorized share capital and paid-up capital of Venkatagiri Spinning Mills Private Limited?

    The authorized share capital of Venkatagiri Spinning Mills Private Limited is ₹ 7.80 M and paid-up capital is ₹ 7.30 M.

  • Who are the current board members & directors of Venkatagiri Spinning Mills Private Limited?

    Currently 4 directors are associated with Venkatagiri Spinning Mills Private Limited.

    • Chandrapuram Venkatapathy Ramraj
    • Jayanthisuresh
    • Rajalakshmi Ramaraj
    • Anusha Aditya

  • What is the registered address of Venkatagiri Spinning Mills Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Venkatagiri Spinning Mills Private Limited is Mill Premisespalladam Pollachi Main Road Sultanpet Palladam Taluk India, Coimbatore, Tamil Nadu, 641669.

  • What is the corporate identification number (CIN) and company number of Venkatagiri Spinning Mills Private Limited?

    The corporate identification number (CIN) of Venkatagiri Spinning Mills Private Limited is U17111TZ1989PTC002518 and the company number is 002518 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Venkatagiri Spinning Mills Private Limited?

    According to the financial reports for the fiscal year 2020, the revenue trend for Venkatagiri Spinning Mills Private Limited has fallen by -11.80%.

  • How many employees does Venkatagiri Spinning Mills Private Limited currently have?

    As Per 2020 financial reports, 21 employees are currently employed by Venkatagiri Spinning Mills Private Limited.

  • What change has been observed in the net worth of Venkatagiri Spinning Mills Private Limited, and by what percentage?

    The financial reports for the fiscal year 2020 indicates that The net worth of Venkatagiri Spinning Mills Private Limited has experienced an downturn of -72.17%.

  • When was the last Balance Sheet of Venkatagiri Spinning Mills Private Limited filed with the ROC?

    The most recent Balance Sheet for Venkatagiri Spinning Mills Private Limited was filed with the ROC on 31 Mar 2024.

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