Venkatagiri Spinning Mills Profile
Key Indicators
- Authorised Capital ₹ 7.80 M
- Paid Up Capital ₹ 7.30 M
- Company Age 35 Year, 3 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 three 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
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Location
Coimbatore, Tamil Nadu, India
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Telephone
+91-XXXXXXXXXX
- Email Address
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Website
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Social Media
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Corporate Identity Details
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CIN/LLPIN
U17111TZ1989PTC002518
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Company No.
002518
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
09 Nov 1989
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Date of AGM
30 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Coimbatore
Industry
Who are the key members and board of directors at Venkatagiri Spinning Mills?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Chandrapuram Ramraj
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Managing Director | 09-Nov-1989 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
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Anusha Aditya
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Director | 16-Dec-2021 | Current |
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Jayanthisuresh
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Whole-Time Director | 30-Oct-1997 | Current |
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Rajalakshmi Ramaraj
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Director | 31-Mar-2002 | Current |
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%.
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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.
Related Corporates (Common Directorship)
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Venkitaraaj Spinning Mills Private LimitedChandrapuram Ramraj, Jayanthisuresh and 2 more are mutual person
Charges (Loans)
₹0
₹44.30 M
Charges Breakdown by Lending Institutions
- Canara Bank : 3.46 Cr
- Others : 0.97 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 04 Jan 2017 | Others | ₹9.70 M | Satisfied |
| 29 Feb 1992 | Canara Bank | ₹1.00 M | Satisfied |
| 20 Feb 1992 | Canara Bank | ₹3.36 Cr | Satisfied |
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.
Deals i
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
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.
