It is a manufacturing private limited company based in Erode, Tamil Nadu, India, established in 2007.
2007 | Erode, Tamil Nadu, India | ActiveAakavi Spinning Mills Private Limited, a active private limited company, was established on 09 January 2007 in Erode, Tamil Nadu, India. Engaging in textile & fabric production within the manufacturing sector, it holds CIN: U17111TZ2007PTC013338. Registered under ROC Roc Coimbatore. it is unlisted. It has an authorized capital of ₹2.50 Cr and a paid-up capital of ₹1.14 Cr.
It upholds a compliant status. Employing 89 professional, Its leadership includes Palanisamy Kalaichitra (Director), Kamalanathan Indiradevi (Director), Ramasamy Selvaraj (Director). Past directors included Palanisamy Kalaichitra, Kamalanathan Indiradevi. It holds ₹19.56 Cr open charges and ₹1.41 Cr settled loans. Its latest AGM occurred on 30 September 2022, with the balance sheet filed on 31 March 2022. It is based at 2-A Pichan Kadu, Erode, Tamil Nadu, 638005.
U17111TZ2007PTC013338
013338
09 January 2007
₹2.50 Cr
₹1.14 Cr
Roc Coimbatore
Unlisted
Active
Explore comprehensive insights into Aakavi Spinning Mills Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.
Access Report
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Palanisamy Kalaichitra | Director | 01 Dec 2013 | Current |
| Kamalanathan Indiradevi | Director | 01 Dec 2013 | Current |
| Ramasamy Selvaraj | Director | 09 Jan 2007 | Current |
| Duraisamy Kamalanathan | Director | 09 Jan 2007 | Current |
| Name | Designation | Cessation | Status |
|---|---|---|---|
| Pramod Abcsdd | Additional Director | 30 Sep 2014 | Past |
| Pramod Abcsdd | Additional Director | 30 Sep 2014 | Past |
Discover detailed profiles of directors and KMP - Unlock leadership insights today!
Aakavi Spinning Mills Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 23.61% decrease. The company also saw a substantial fall in profitability, with a 23.75% decrease in profit. The company's net worth Soared by an impressive increase of 14.22%.
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
In 2021, Aakavi 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.
Reveal ownership structures and financial performance - Get instant access now!
₹195,640,000.00
₹14,050,000.00
| Date | Lender | Amount | Status |
|---|---|---|---|
| 14 Dec 2023 | Canara Bank | ₹11.00 Cr | Open |
| 12 Feb 2021 | Axis Bank Limited | ₹1.50 M | Open |
| 30 Mar 2007 | Canara Bank | ₹8.41 Cr | Open |
| 19 Sep 2014 | Canara Bank | ₹1.05 M | Satisfied |
| 08 Oct 2009 | Canara Bank | ₹1.30 Cr | Satisfied |
Explore comprehensive loan charge details -
Aakavi Spinning Mills has a workforce of 89 employees as of Apr 07, 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.
Gain comprehensive insights into the Deals and Valuation data of Aakavi 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 Aakavi Spinning Mills's trajectory.
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.
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.
Progress on A charge with Canara Bank of Rs. 8.41 Cr registered on 30 Mar 2007 with Charge ID 10047755 was modified on 01 Mar 2025. was documented.
A charge with Canara Bank amounted to Rs. 11.00 Cr with Charge ID 100846889 was registered on 14 Dec 2023. was recorded as a recent event.
Progress on Aakavi Spinning Mills Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records. was documented.
Aakavi Spinning Mills Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Coimbatore. was recorded as a recent event.
Progress on A charge with Axis Bank Limited amounted to Rs. 0.15 Cr with Charge ID 100426210 was registered on 12 Feb 2021. was documented.
A charge registered on 19 Sep 2014 via Charge ID 10572873 with Canara Bank was fully satisfied on 06 Mar 2020. was recorded as a recent event.
The CIN of Aakavi Spinning Mills Private Limited is U17111TZ2007PTC013338.
Aakavi Spinning Mills Private Limited is headquartered at 2-A Pichan Kadu, Erode, Tamil Nadu, 638005.
Aakavi Spinning Mills Private Limited was incorporated on 09 January 2007.
The current directors of Aakavi Spinning Mills Private Limited are
The primary industry of Aakavi Spinning Mills Private Limited is Manufacturing.
Aakavi Spinning Mills Private Limited is unlisted.
The authorized capital of Aakavi Spinning Mills Private Limited is ₹2.50 Cr, and the paid-up capital is ₹1.14 Cr.
The compliance status of Aakavi Spinning Mills Private Limited is Compliant.
Search company & director profiles for free and gain access to critical business data.
Company Details
+91-XXXXXXXXXX