Vigneshkumar Spinning Mills Private Limited

Textile and apparel manufacturing services for various fibers.

1991 | Coimbatore, Tamil Nadu (India) | Active
Last Updated: November 16, 2024

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

  • Location

    Coimbatore, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17115TZ1991PTC003167

  • Company No.

    003167

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    04 Mar 1991

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Manufacturing
Energy and Power

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

Executive Team (1)

Name Designation Appointment Date Status
Palanisamy Balasubramanian Country flag representing In Managing Director 17-Jun-1992 Current

Board Members (2)

Name Designation Appointment Date Status
Rathnasamy Chitradevi Country flag representing In Director 21-May-2019 Current
Balasubramaniam Shanmugavadivelu Country flag representing In 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%.

Graph illustrating revenue growth over time
Graph showing 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
-3.70%
Revenue from Operations
-3.90%
Total Assets
53.36%
Profit or Loss
-856.76%
Net Worth
-16.84%
EBITDA
-28.06%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹30.57 Cr

Satisfied Charges

₹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
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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

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 Vigneshkumar Spinning Mills

Recent activity within the organization

  • Annual General Meeting

    Vigneshkumar Spinning Mills Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Vigneshkumar Spinning Mills Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Coimbatore.

    31 Mar 2023

  • Charges

    A charge with Indian Overseas Bank amounted to Rs. 8.50 Cr with Charge ID 100571599 was registered on 20 Apr 2022.

    20 Apr 2022

  • Director Appointment

    Balasubramaniam Shanmugavadivelu was appointed as a Director was appointed as a Director on 31 Mar 2021 & has been associated with this company since 3 years 10 months .

    31 Mar 2021

  • Charges

    A charge with Indnian Overseas Bank amounted to Rs. 0.50 Cr with Charge ID 100435064 was registered on 29 Oct 2020.

    29 Oct 2020

  • Director Appointment

    Rathnasamy Chitradevi was appointed as a Director was appointed as a Director on 21 May 2019 & has been associated with this company since 5 years 8 months .

    21 May 2019

Frequently asked questions

  • Vigneshkumar Spinning Mills Private Limited was incorporated on 04 Mar 1991.

  • The authorized share capital of Vigneshkumar Spinning Mills Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 4.74 Cr.

  • Currently 3 directors are associated with Vigneshkumar Spinning Mills Private Limited.

    • Rathnasamy Chitradevi
    • Balasubramaniam Shanmugavadivelu
    • Palanisamy Balasubramanian
  • As per Ministry of Corporate Affairs (Mca), the registered address of Vigneshkumar Spinning Mills Private Limited is Pollachi Main Road India, Kamanaickenpalayam, Tamil Nadu, 641658.

  • The corporate identification number (CIN) of Vigneshkumar Spinning Mills Private Limited is U17115TZ1991PTC003167 and the company number is 003167 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Vigneshkumar Spinning Mills Private Limited has fallen by -3.70%.

  • As Per 2023 financial reports, 50 employees are currently employed by Vigneshkumar Spinning Mills Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Vigneshkumar Spinning Mills Private Limited has experienced an downturn of -16.84%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Vigneshkumar Spinning Mills Private Limited amount to ₹ 30.57 Cr.

  • The most recent Balance Sheet for Vigneshkumar Spinning Mills Private Limited was filed with the ROC on 31 Mar 2023.

Similar Companies Based on Power Transmission & Distribution Services