MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-TN-28-0023873
C V Spinners Private Limited
C V Spinners Private Limited - manufacturing in Coimbatore, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹109.53 Cr
▲ 114% YoY
Net profit · FY 2024
₹1.67 Cr
Net margin 1.5%
EBITDA · FY 2024
₹12.84 Cr
EBITDA margin 11.7%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹16.07 Lakh
Issued & subscribed
Open charges
₹52.08 Cr
Satisfied ₹7.51 Cr
Company age
33 yrs
Est. 1993
Employees · EPFO
102
Provident fund records
About C V Spinners Private Limited
Data last updated:
C V Spinners Private Limited is a private limited company based in Coimbatore, Tamil Nadu, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 21 October 1993 and has been in existence for over 33 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U17111TZ1993PTC004659. Its GSTIN is 33AAACC8770A1Z2 (Tamil Nadu).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹16.07 Lakh. It is led by directors Venketapathy Chandrakanthi (Managing Director) and Venkatapathy Rajendran (Managing Director).
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Palani Roads V Mills Post Udumalpet, Coimbatore, Tamil Nadu, India – 642128.
As per the financials filed for FY 2024, the company reported a revenue of ₹109.53 Cr, a growth of 114% compared to the previous year. For the same year it recorded a net profit of ₹1.67 Cr (net margin 1.5%) and EBITDA of ₹12.84 Cr (EBITDA margin 11.7%). Revenue has grown at a compounded annual rate (CAGR) of 50% over three years and 32% over five years.
The company has about 102 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹52.08 Cr and satisfied charges of ₹7.51 Cr on record. Court records list 20 cases involving the company, including 19 filed by the company and 1 filed against it; 1 case is pending.
C V Spinners Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-28-0023873). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U17111TZ1993PTC004659
Registration Number 004659
Incorporation Date 21 October 1993
ROC Coimbatore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-TN-28-0023873
Recognitions & Rankings of C V Spinners
Contact details
C V Spinners Private Limited's registered office is in Coimbatore, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPalani Roads V Mills Post Udumalpet, Coimbatore, Tamil Nadu, India – 642128
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of C V Spinners Private Limited, buy the company report.
Comprehensive company report
C V Spinners Private Limited - one report that includes everything
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activities of C V Spinners are manufacturing and electricity, gas, steam and air condition supply. In detail, this covers textile, leather and other apparel products and electric power generation, transmission and distribution. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products | |
| D | Electricity, gas, steam and air condition supply | D1 | Electric power generation, transmission and distribution |
To see the full business activity and turnover split of C V Spinners Private Limited, buy the company report.
Financials of C V Spinners Private Limited
FY 2024 filings availableC V Spinners Private Limited reported revenue of ₹109.53 Cr (up 114% YoY) for FY 2024.
Revenue · FY 2024
₹109.53 Cr ▲ 114%
Net profit · FY 2024
₹1.67 Cr margin 1.5%
EBITDA · FY 2024
₹12.84 Cr margin 11.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 114%
3 years · compounded
▲ 50%
5 years · compounded
▲ 32%
EBITDA CAGR growth
1 year
▲ 289%
3 years · compounded
▲ 11%
5 years · compounded
▲ 22%
Revenue has grown at a compounded annual rate (CAGR) of 32% over five years, including 114% growth in the latest year. EBITDA rose 289% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
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| Cost of Materials Consumed | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹12.84 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.67 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 11.7% | ||||
| Net Profit Margin | 1.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of C V Spinners Private Limited, buy the company report.
Board of directors of C V Spinners Private Limited
C V Spinners has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Venketapathy Chandrakanthi | Managing Director | 21 Oct 1993 | 33 Years 0 Months | Current |
| Venkatapathy Rajendran | Managing Director | 30 Dec 2017 | 8 Years 9 Months | Current |
Peer comparison
C V Spinners Private Limited is compared with the 8 companies closest to it by revenue in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| New Horizon Textiles Private Limited | ₹109.64 Cr (FY 2025) | 8771163.0% | Ludhiana, Punjab, India | |||
| Million Exporter Private Limited | ₹109.63 Cr (FY 2019) | -56.0% | New Delhi, Delhi, India | |||
| Guetermann India Private Limited | ₹109.6 Cr (FY 2025) | 23.0% | New Delhi, Delhi, India | |||
| Karnavati Polyester Private Limited | ₹109.53 Cr (FY 2025) | 61.0% | Ahmedabad, Gujarat, India | |||
| C V Spinners Private Limitedthis company | ₹109.53 Cr (FY 2024) | ₹1.67 Cr | 1.5% | 114.0% | 102 | Coimbatore, Tamil Nadu, India |
| Sva Syntex Private Limited | ₹109.42 Cr (FY 2025) | 7.0% | Udumalpet, Tamil Nadu, India | |||
| Aadheesh Texfab Private Limited | ₹109.38 Cr (FY 2025) | 7.0% | Shirpur, Maharashtra, India | |||
| Marudhar Polycot (India) Private Limited. | ₹109.37 Cr (FY 2025) | 11.0% | Ahmedabad, Gujarat, India | |||
| J G Spinning Mills Private Limited | ₹109.33 Cr (FY 2025) | -10.0% | Annur, Tamil Nadu, India |
To see the full peer comparison of C V Spinners Private Limited, buy the company report.
Auditor
C V Spinners Private Limited is audited by N.R.D. ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N.R.D. ASSOCIATES | FY 2023 | 005662S |
Shareholding
The shareholding of C V Spinners Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of C V Spinners Private Limited, buy the company report.
Charges & borrowings
Open charges
₹52.08 Cr
Satisfied charges
₹7.51 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 Mar 2024 | 100927819 | State Bank of India | ₹16.12 Cr | Open | |
| 29 Aug 2022 | 100616391 | State Bank of India | ₹35.96 Cr | Open | |
| 05 Feb 1998 | 90003224 | The Tamil Nadu Industrial Investment Corporation Ltd. | ₹19 Lakh | Satisfied | |
| 16 May 1995 | 90002773 | Others | ₹7 Cr | Satisfied | |
| 01 Jul 1994 | 90002641 | Corporation Bank | ₹32.7 Lakh | Satisfied |
To see the full charge records of C V Spinners Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
C V Spinners Private Limited has 20 court cases on record: 19 filed by C V Spinners, 1 filed against it. 1 case is pending and 19 are disposed.
Total cases
20
Filed by the company
19
Filed against the company
1
Pending
1
Disposed
19
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 19 | 0 | 0 |
| District courts | 1 | 1 | 1 |
Cases on record (5 of 20)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pudukkottai, Tamil Nadu | Civil suit | Filed against the company | Pending |
| Madras High Court | Writ petition | Filed by the company against The State of Tamil Nadu | Disposed |
| Madras High Court | Interim or miscellaneous application | Filed by the company against The State of Tamil Nadu | Disposed |
| Madras High Court | Writ petition | Filed by the company against State of Tamilnadu, | Disposed |
| Madras High Court | Interim or miscellaneous application | Filed by the company against State of Tamilnadu, | Disposed |
To see the full case history of C V Spinners Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for C V Spinners Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
C V Spinners Private Limited has a workforce of 102 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
Employee count
102
Active EPFO establishments
1
Employee growth
18.6%
GST
C V Spinners has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAACC8770A1Z2 | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of C V Spinners Private Limited, buy the company report.
Recent activity
C V Spinners Private Limited has 5 board changes on record since 1993: 2 appointments and 3 cessations. The latest: Venkatapathy Rajendran ceased to be Director on 01 Jan 2018.
Charges
A charge with State Bank Of India of Rs. 3,596.00 Lakh registered on 29 Aug 2022 with Charge ID 100616391 was modified on 30 Oct 2025.
AGM
C V Spinners Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
C V Spinners Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore.
Charges
A charge with State Bank Of India amounted to Rs. 1,612.00 Lakh with Charge ID 100927819 was registered on 08 Mar 2024.
Charges
A charge registered on 01 Jul 1994 via Charge ID 90002641 with Corporation Bank was fully satisfied on 26 Dec 2023.
Charges
A charge with State Bank Of India amounted to Rs. 3,596.00 Lakh with Charge ID 100616391 was registered on 29 Aug 2022.
Charges
A charge registered on 16 May 1995 via Charge ID 90002773 with Others was fully satisfied on 03 Jul 2021.
Ceased
Venkatapathy Rajendran ceased to be Director.
Ceased
Venkattapathy Narendran ceased to be Managing Director.
Ceased
Venketapathy Chandrakanthi ceased to be Director.
Appointed
Venkatapathy Rajendran was appointed as Managing Director.
Charges
A charge with Others of Rs. 699.50 Lakh registered on 16 May 1995 with Charge ID 90002773 was modified on 27 Mar 2017.
8 earlier events are in the company report.
Frequently asked questions
C V Spinners is an active private limited company based in Coimbatore, Tamil Nadu, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 21 October 1993 (33+ years old) and is registered under CIN U17111TZ1993PTC004659.
C V Spinners has 2 current directors:
- Venketapathy Chandrakanthi - Managing Director
- Venkatapathy Rajendran - Managing Director
The latest financial statements of C V Spinners on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of C V Spinners is 33AAACC8770A1Z2, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of C V Spinners is U17111TZ1993PTC004659. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
C V Spinners has 20 court cases on record: 19 filed by the company and 1 filed against it. 1 is pending. Most are in the high courts.
C V Spinners was incorporated on 21 October 1993, making it 33+ years old. It is registered with the Registrar of Companies, Coimbatore.
The peers of C V Spinners by revenue are New Horizon Textiles Private Limited, Million Exporter Private Limited, Guetermann India Private Limited, Karnavati Polyester Private Limited, Sva Syntex Private Limited and 3 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Venkatapathy Rajendran ceased to be Director on 01 Jan 2018. Venkattapathy Narendran ceased to be Managing Director on 01 Jan 2018. Venketapathy Chandrakanthi ceased to be Director on 01 Jan 2018. C V Spinners has 5 board changes on record in total.
Yes, C V Spinners is registered as a medium enterprise under Udyam registration (number: UDYAM-TN-28-0023873).
The registered office of C V Spinners is at Palani Roads V Mills Post Udumalpet, Coimbatore, Tamil Nadu, India – 642128.