Vigneshkumar Spinning Mills Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
- Paid Up Capital ₹ 4.74 Cr
- Company Age 33 Year, 11 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 30.57 Cr
- Satisfied Charges ₹ 12.09 Cr
- Revenue Growth -3.70%
- Profit Growth -856.76%
- Ebitda -28.06%
- Net Worth -16.84%
- Total Assets 53.36%
About Vigneshkumar Spinning Mills
Vigneshkumar Spinning Mills Private Limited (VSMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 04 March 1991 and has a history of 33 years and 11 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 2023. It's a company limited by shares with an authorized capital of Rs 5.00 Cr and a paid-up capital of Rs 4.74 Cr.
The company currently has active open charges totaling ₹30.57 Cr. The company has closed loans amounting to ₹12.09 Cr, as per Ministry of Corporate Affairs (MCA) records.
Rathnasamy Chitradevi, Balasubramaniam Shanmugavadivelu, and Palanisamy Balasubramanian serve as directors at the Company.
Company Details
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Location
Coimbatore, Tamil Nadu, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U17115TZ1991PTC003167
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Company No.
003167
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
04 Mar 1991
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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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 Vigneshkumar Spinning Mills?
Executive Team (1)
Name | Designation | Appointment Date | Status |
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Palanisamy Balasubramanian | Managing Director | 17-Jun-1992 | Current |
Board Members (2)
Name | Designation | Appointment Date | Status |
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Rathnasamy Chitradevi | Director | 21-May-2019 | Current |
Balasubramaniam Shanmugavadivelu | Director | 31-Mar-2021 | Current |
Financial Performance of Vigneshkumar Spinning Mills.
Vigneshkumar Spinning Mills Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 3.7% decrease. The company also saw a substantial fall in profitability, with a 856.76% decrease in profit. The company's net worth observed a substantial decline by a decrease of 16.84%.
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What is the Ownership and Shareholding Structure of Vigneshkumar Spinning Mills?
In 2023, Vigneshkumar Spinning Mills had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
₹30.57 Cr
₹12.09 Cr
Charges Breakdown by Lending Institutions
- Indian Overseas Bank : 27.64 Cr
- State Bank Of India : 1.95 Cr
- Indnian Overseas Bank : 0.50 Cr
- The Karur Vysya Bank Ltd : 0.48 Cr
Latest Charge Details
Date | Lender | Amount | Status |
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20 Apr 2022 | Indian Overseas Bank | ₹8.50 Cr | Open |
29 Oct 2020 | Indnian Overseas Bank | ₹5.00 M | Open |
21 Apr 2014 | Indian Overseas Bank | ₹19.14 Cr | Open |
25 Nov 1999 | State Bank Of India | ₹1.00 Cr | Open |
20 Oct 1997 | The Karur Vysya Bank Ltd | ₹2.90 M | Open |
How Many Employees Work at Vigneshkumar Spinning Mills?
Vigneshkumar Spinning Mills has a workforce of 50 employees as of Mar 22, 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 Vigneshkumar 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 Vigneshkumar 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.