Balu Spinning Mills Private Limited, a active private limited company, was established on 05 May 1994 in Tirupur, Tamil Nadu, India. Engaging in textile & fabric production within the manufacturing sector, it holds CIN: U17111TZ1994PTC005050. Registered under ROC Roc Coimbatore. it is unlisted. It has an authorized capital of ₹50.00 Cr and a paid-up capital of ₹42.14 Cr.
It upholds a active non-compliant status. Employing 1 professional, Its leadership includes Balasubramaniam Roopa (Director), Balasubramaniam Rajalakshmi (Managing Director). Past directors included Balasubramaniam Rajalakshmi Arun Eashwar. It holds no open charges and ₹375.91 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at S F No 239/1 2 Palladam Road Kunnaangal Palayam Karaipudur Village Arulpuram Post, Tirupur, Tamil Nadu, 641604.
U17111TZ1994PTC005050
005050
05 May 1994
₹50.00 Cr
₹42.14 Cr
Roc Coimbatore
Unlisted
Active
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| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Balasubramaniam Roopa | Director | 05 May 1994 | Current |
| Balasubramaniam Rajalakshmi | Managing Director | 05 May 1994 | Current |
| Name | Designation | Cessation | Status |
|---|---|---|---|
| Pramod Abcsdd | Additional Director | - | Past |
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Balu Spinning Mills Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 86.74% decrease. The company also saw a substantial improvement in profitability, with a 54.67% increase in profit. The company's net worth observed a substantial decline by a decrease of 42.2%.
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In 2020, Balu 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.
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₹0
₹3,759,100,000.00
| Date | Lender | Amount | Status |
|---|---|---|---|
| 23 Jul 2020 | Others | ₹10.00 Cr | Satisfied |
| 29 Jun 2020 | Others | ₹18.00 Cr | Satisfied |
| 07 Feb 2014 | Canara Bank | ₹8.00 Cr | Satisfied |
| 07 Dec 2012 | Idbi Bank | ₹10.00 Cr | Satisfied |
| 29 Mar 2010 | Punjab National Bank | ₹97.80 Cr | Satisfied |
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Progress on Balu Spinning Mills Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was documented.
The activity Balu Spinning Mills Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore. was completed.
The activity A charge registered on 23 Jul 2020 via Charge ID 100352854 with Others was fully satisfied on 11 Nov 2021. was completed.
Progress on A charge registered on 29 Jun 2020 via Charge ID 100366211 with Others was fully satisfied on 09 Mar 2021. was documented.
A charge with Others amounted to Rs. 10.00 Cr with Charge ID 100352854 was registered on 23 Jul 2020. was recorded as a recent event.
Progress on A charge registered on 21 May 2004 via Charge ID 90009216 with State Bank Of India was fully satisfied on 30 Jun 2020. was documented.
The CIN of Balu Spinning Mills Private Limited is U17111TZ1994PTC005050.
Balu Spinning Mills Private Limited is headquartered at S F No 239/1 2 Palladam Road Kunnaangal Palayam Karaipudur Village Arulpuram Post, Tirupur, Tamil Nadu, 641604.
Balu Spinning Mills Private Limited was incorporated on 05 May 1994.
The current directors of Balu Spinning Mills Private Limited are
The primary industry of Balu Spinning Mills Private Limited is Manufacturing.
Balu Spinning Mills Private Limited is unlisted.
The authorized capital of Balu Spinning Mills Private Limited is ₹50.00 Cr, and the paid-up capital is ₹42.14 Cr.
The compliance status of Balu Spinning Mills Private Limited is Active Non-Compliant.
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