Cheran Spinner Private Limited - Company Profile

It is a manufacturing private limited company based in Erode, Tamil Nadu, India, established in 1989.
1989 Erode, Tamil Nadu, India Active
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About Cheran Spinner Private Limited

Cheran Spinner Private Limited, a active private limited company, was established on 21 July 1989 in Erode, Tamil Nadu, India. Engaging in textile & fabric production within the manufacturing sector, it holds CIN: U17111TZ1989PTC002487. Registered under ROC Roc Coimbatore. it is unlisted. It has an authorized capital of ₹7.00 Cr and a paid-up capital of ₹6.92 Cr.

Formerly known as Cheran Spinner Limited. It upholds a compliant status. Employing 426 professional, Its leadership includes Alampalayam Sengodagounder Palanisamy (Director), Palanisamy Thangavel (Whole-Time Director), Sengodagounder Muthusamy (Director). Past directors included Sengodagounder Muthusamy, Sengoda Gounder Palanisamy Valliyappa Gounder, Govindampalyam Muthusamy Palanisamy. It holds ₹81.51 Cr open charges and ₹315.97 Cr settled loans. Its latest AGM occurred on 29 September 2025, with the balance sheet filed on 31 March 2025. It is based at Sf No:477/1,Patharai, Anangur Main Road, Sowthapuram (Post), Erode, Tamil Nadu, 638008.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
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Company Details

  • CIN/LLPIN

    U17111TZ1989PTC002487

  • Registration Number

    002487

  • Incorporation Date

    21 July 1989

  • Authorized Capital

    ₹7.00 Cr

  • Paid-Up Capital

    ₹6.92 Cr

  • ROC Code

    Roc Coimbatore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 7.00 Cr
  • Paid Up Capital ₹ 6.92 Cr
  • Company Age 36 Year, 7 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 81.51 Cr
  • Satisfied Charges ₹ 315.97 Cr
  • Revenue Growth **** -30.65%
  • Profit Growth **** 2.27%
  • Ebitda **** -4.72%
  • Net Worth 3.27%
  • Total Assets **** 7.65%
Company report

Cheran Spinner Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Cheran Spinner Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Cheran Spinner Private Limited?
Current Directors
Name Designation Appointment Date Status
Alampalayam Sengodagounder Palanisamy Director 21 Jul 1989 Current
Palanisamy Thangavel Whole-Time Director 01 Mar 2019 Current
Sengodagounder Muthusamy Director 21 Jul 1989 Current
Muthusamy Ramakrishnaprasad Whole-Time Director 01 Mar 2019 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 03 Nov 2010 Past
Pramod Abcsdd Director 03 Nov 2010 Past
Pramod Abcsdd Director 03 Nov 2010 Past
Pramod Abcsdd Additional Director 01 Apr 2019 Past
Pramod Abcsdd Director 25 Jun 2015 Past
Pramod Abcsdd Director 05 Sep 2010 Past

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Financial Performance of Cheran Spinner.

Cheran Spinner Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 30.65% decrease. The company also saw a slight improvement in profitability, with a 2.27% increase in profit. The company's net worth moved up by a moderate rise of 3.27%.

Cheran Spinner revenue growth over time
Cheran Spinner profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • 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
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 -30.65%
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*******
*******
Revenue from Operations
*******
 -30.81%
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*******
*******
Total Assets
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 7.65%
*******
*******
*******
*******
Profit or Loss
*******
 2.27%
*******
*******
*******
*******
Net Worth
*******
 3.27%
*******
*******
*******
*******
EBITDA
*******
 -4.72%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Cheran Spinner?

In 2023, Cheran Spinner 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 Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹815,146,000.00

Satisfied Charges

₹3,159,670,000.00

Charges Breakdown by Lending Institutions
  • Hdfc Bank Limited : 34.05 Cr
  • Others : 26.37 Cr
  • Axis Bank Limited : 21.09 Cr
Latest Charge Details
Date Lender Amount Status
11 Jul 2022 Others ₹26.37 Cr Open
15 Mar 2021 Hdfc Bank Limited ₹34.05 Cr Open
24 Feb 2021 Axis Bank Limited ₹21.09 Cr Open
22 Jan 2020 Canara Bank ₹5.93 Cr Satisfied
26 Dec 2014 Others ₹9.00 Cr Satisfied

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How Many Employees Work at Cheran Spinner?

Cheran Spinner has a workforce of 426 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.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Cheran Spinner, 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 Cheran Spinner'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.

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Latest Updates, News, and FAQs on Cheran Spinner
Recent Activity within the Organization
  • Annual General Meeting

    The activity Cheran Spinner Private Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records. was completed.

  • Balance Sheet

    The activity Cheran Spinner Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Coimbatore. was completed.

  • Charges

    The activity A charge with Others of Rs. 26.37 Cr registered on 11 Jul 2022 with Charge ID 100590993 was modified on 19 Aug 2024. was completed.

  • Charges

    Progress on A charge with Axis Bank Limited of Rs. 21.09 Cr registered on 24 Feb 2021 with Charge ID 100438215 was modified on 16 Aug 2024. was documented.

  • Charges

    Progress on A charge registered on 22 Jan 2020 via Charge ID 100333731 with Canara Bank was fully satisfied on 25 Apr 2023. was documented.

  • Charges

    Progress on A charge with Others amounted to Rs. 26.37 Cr with Charge ID 100590993 was registered on 11 Jul 2022. was documented.

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Frequently Asked Questions
What is the CIN of Cheran Spinner Private Limited?

The CIN of Cheran Spinner Private Limited is U17111TZ1989PTC002487.

Where is Cheran Spinner Private Limited headquartered?

Cheran Spinner Private Limited is headquartered at Sf No:477/1,Patharai, Anangur Main Road, Sowthapuram (Post), Erode, Tamil Nadu, 638008.

When was Cheran Spinner Private Limited incorporated?

Cheran Spinner Private Limited was incorporated on 21 July 1989.

Who are the current directors of Cheran Spinner Private Limited?

The current directors of Cheran Spinner Private Limited are

What is the primary industry of Cheran Spinner Private Limited?

The primary industry of Cheran Spinner Private Limited is Manufacturing.

Is Cheran Spinner Private Limited a listed company?

Cheran Spinner Private Limited is unlisted.

What is the capital structure of Cheran Spinner Private Limited?

The authorized capital of Cheran Spinner Private Limited is ₹7.00 Cr, and the paid-up capital is ₹6.92 Cr.

What is the compliance status of Cheran Spinner Private Limited?

The compliance status of Cheran Spinner Private Limited is Compliant.

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