Yesvee Spinning Mills Private Limited

Textile company specializing in spinning, finishing, and weaving of various fibers.

1989 | Salem, Tamil Nadu (India) | Active
Last Updated: November 16, 2024

Yesvee Spinning Mills Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 3.99 M
  • Company Age 35 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 15.77 Cr
  • Satisfied Charges ₹ 3.43 Cr
  • Revenue Growth 2.52%
  • Profit Growth -87.38%
  • Ebitda -66.52%
  • Net Worth 2.45%
  • Total Assets 11.78%

About Yesvee Spinning Mills

Yesvee Spinning Mills Private Limited (YSMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 08 August 1989 and has a history of 35 years and six months. Its registered office is in Salem, 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 5.00 M and a paid-up capital of Rs 3.99 M.

The company currently has active open charges totaling ₹15.77 Cr. The company has closed loans amounting to ₹3.43 Cr, as per Ministry of Corporate Affairs (MCA) records.

Ganesan Viswanathan, Manikandan, Ramasubramaniam, and Two other members serve as directors at the Company.

Company Details

  • Location

    Salem, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17111TZ1989PTC004020

  • Company No.

    004020

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    08 Aug 1989

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Manufacturing

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

Board Members (5)

Name Designation Appointment Date Status
Ganesan Viswanathan Country flag representing In Director 18-Aug-2000 Current
Manikandan Country flag representing In Director 31-Mar-2022 Current
Ramasubramaniam Country flag representing In Director 31-Mar-2022 Current
Ganesan Mahalakxmi Country flag representing In Director 31-Mar-2022 Current
Singaravelu Viswanathan Country flag representing In Director 08-Aug-1989 Current

Financial Performance of Yesvee Spinning Mills.

Yesvee Spinning Mills Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 2.52% increase. The company also saw a substantial fall in profitability, with a 87.38% decrease in profit. The company's net worth moved up by a moderate rise of 2.45%.

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
2.52%
Revenue from Operations
2.38%
Total Assets
11.78%
Profit or Loss
-87.38%
Net Worth
2.45%
EBITDA
-66.52%

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

Unlock access to Yesvee Spinning Mills's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹157.68 M

Satisfied Charges

₹34.30 M

Charges Breakdown by Lending Institutions

  • Others : 14.62 Cr
  • Sundaram Finance Ltd. : 0.65 Cr
  • Hdfc Bank Limited : 0.40 Cr
  • The South Indian Bank Limited : 0.10 Cr

Latest Charge Details

Date Lender Amount Status
17 Jun 2022 Hdfc Bank Limited ₹4.00 M Open
03 Aug 2020 The South Indian Bank Limited ₹0.98 M Open
24 Jun 2006 Others ₹14.62 Cr Open
20 May 1997 Sundaram Finance Ltd. ₹1.16 M Open
06 Sep 1996 Sundaram Finance Ltd. ₹0.53 M Open

How Many Employees Work at Yesvee Spinning Mills?

Yesvee Spinning Mills has a workforce of 130 employees as of Apr 08, 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 Yesvee 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 Yesvee 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 Yesvee Spinning Mills

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

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

    31 Mar 2024

  • Charges

    A charge with Others of Rs. 146.20 M registered on 24 Jun 2006 with Charge ID 10008151 was modified on 06 Mar 2024.

    06 Mar 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 4.00 M with Charge ID 100587557 was registered on 17 Jun 2022.

    17 Jun 2022

  • Director Appointment

    Manikandan was appointed as a Director was appointed as a Director on 31 Mar 2022 & has been associated with this company since 2 years 10 months .

    31 Mar 2022

  • Director Appointment

    Ramasubramaniam was appointed as a Director was appointed as a Director on 31 Mar 2022 & has been associated with this company since 2 years 10 months .

    31 Mar 2022

Frequently asked questions

  • Yesvee Spinning Mills Private Limited was incorporated on 08 Aug 1989.

  • The authorized share capital of Yesvee Spinning Mills Private Limited is ₹ 5.00 M and paid-up capital is ₹ 3.99 M.

  • Currently 5 directors are associated with Yesvee Spinning Mills Private Limited.

    • Ganesan Viswanathan
    • Manikandan
    • Ramasubramaniam
    • Ganesan Mahalakxmi
    • Singaravelu Viswanathan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Yesvee Spinning Mills Private Limited is Gajjelnaickenpatty, Salem-636 201. India, Salem District, Tamil Nadu, 636201.

  • The corporate identification number (CIN) of Yesvee Spinning Mills Private Limited is U17111TZ1989PTC004020 and the company number is 004020 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Yesvee Spinning Mills Private Limited has risen by 2.52%.

  • As Per 2023 financial reports, 130 employees are currently employed by Yesvee Spinning Mills Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Yesvee Spinning Mills Private Limited has experienced an upsurge of 2.45%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Yesvee Spinning Mills Private Limited amount to ₹ 15.77 Cr.

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

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