Cheran Spinning Mills Private Limited Company Logo

Cheran Spinning Mills Private Limited - Company Profile

It is a environment private limited company based in Tirupur, Tamil Nadu, India, established in 1989.

1989 | Tirupur, Tamil Nadu, India | Active
Last Updated:

About Cheran Spinning Mills Private Limited

Cheran Spinning Mills Private Limited, a active private limited company, was established on 16 November 1989 in Tirupur, Tamil Nadu, India. Engaging in wind energy solutions within the manufacturing sector, it holds CIN: U17111TZ1989PTC004015. Registered under ROC Roc Coimbatore. it is unlisted. It has an authorized capital of ₹1.80 Cr and a paid-up capital of ₹6.80 M.

Formerly known as Cheran Spinning Mills Limited. It upholds a compliant status. Employing 286 professional, Its leadership includes Mamarathupalayam Karuppannan Palanisamy (Managing Director), Anand (Whole-Time Director). Past directors included Senniappa Gounder Saminathan, Karuppannagounder Chellappagounder, Kunnathur Selambanna Ponnusamy. It holds ₹45.66 Cr open charges and ₹29.77 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at No.5 Church Street, Bungalow Stop, Avinashi Road, Tirupur, Tamil Nadu, 641603.

Company Details

  • CIN/LLPIN

    U17111TZ1989PTC004015

  • Registration Number

    004015

  • Incorporation Date

    16 November 1989

  • Authorized Capital

    ₹1.80 Cr

  • Paid-Up Capital

    ₹6.80 M

  • ROC Code

    Roc Coimbatore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 1.80 Cr
  • Paid Up Capital ₹ 6.80 M
  • Company Age 36 Year, 8 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 45.66 Cr
  • Satisfied Charges ₹ 29.77 Cr
  • Revenue Growth -28.47%
  • Profit Growth -104.81%
  • Ebitda -59.66%
  • Net Worth -0.92%
  • Total Assets 2.18%
Company report

Cheran Spinning Mills Private Limited

Company Report FY 2025-2026

Explore comprehensive insights into Cheran 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.

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Who are the key members and board of directors at Cheran Spinning Mills Private Limited?

Current Directors

NameDesignationAppointment DateStatus
Mamarathupalayam Karuppannan PalanisamyManaging Director18 Mar 1993Current
AnandWhole-Time Director10 Aug 2015Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector24 Aug 2015Past
Pramod AbcsddDirector24 Aug 2015Past
Pramod AbcsddDirector24 Aug 2015Past
Pramod AbcsddDirector24 Aug 2015Past
Pramod AbcsddDirector24 Aug 2015Past
Pramod AbcsddManaging Director01 Feb 2016Past

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Financial Performance of Cheran Spinning Mills.

Cheran Spinning Mills Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 28.47% decrease. The company also saw a substantial fall in profitability, with a 104.81% decrease in profit. The company's net worth dipped by a decrease of 0.92%.

Cheran Spinning Mills revenue growth over time
Cheran Spinning Mills 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
-28.47%
Revenue from Operations
-28.36%
Total Assets
2.18%
Profit or Loss
-104.81%
Net Worth
-0.92%
EBITDA
-59.66%

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

In 2023, Cheran Spinning Mills had a promoter holding of 9.19% and a public holding of 90.81%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

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Charges (Loans)

Open Charges

₹456,600,000.00

Satisfied Charges

₹297,678,000.00

Charges Breakdown by Lending Institutions

  • State Bank Of India : 41.16 Cr
  • Hdfc Bank Limited : 4.50 Cr

Latest Charge Details

DateLenderAmountStatus
07 Jan 2022Hdfc Bank Limited₹4.50 CrOpen
24 Mar 2016State Bank Of India₹41.16 CrOpen
27 Jan 2020Hdfc Bank Limited₹0.89 MSatisfied
11 Jan 2007Hdfc Bank Limited₹4.00 CrSatisfied
06 Feb 2006Indusind Bank Limited₹4.00 CrSatisfied

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How Many Employees Work at Cheran Spinning Mills?

Cheran Spinning Mills has a workforce of 286 employees as of Mar 29, 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 growth trends for Cheran Spinning Mills Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Cheran 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 Cheran 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

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Latest Updates, News, and FAQs on Cheran Spinning Mills

Recent Activity within the Organization

  • Charges

    The activity A charge registered on 27 Jan 2020 via Charge ID 100324268 with Hdfc Bank Limited was fully satisfied on 23 Apr 2025. was completed.

  • Charges

    A charge with State Bank Of India of Rs. 41.16 Cr registered on 24 Mar 2016 with Charge ID 100020450 was modified on 25 Mar 2025. was recorded as a recent event.

  • Charges

    The activity A charge with Hdfc Bank Limited of Rs. 4.50 Cr registered on 07 Jan 2022 with Charge ID 100528941 was modified on 03 Jan 2025. was completed.

  • Charges

    Progress on A charge with Hdfc Bank Limited of Rs. 0.09 Cr registered on 27 Jan 2020 with Charge ID 100324268 was modified on 03 Jan 2025. was documented.

  • Annual General Meeting

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

  • Balance Sheet

    Progress on Cheran Spinning Mills Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore. was documented.

Frequently Asked Questions

  • What is the CIN of Cheran Spinning Mills Private Limited?

    The CIN of Cheran Spinning Mills Private Limited is U17111TZ1989PTC004015.

  • Where is Cheran Spinning Mills Private Limited headquartered?

    Cheran Spinning Mills Private Limited is headquartered at No.5 Church Street, Bungalow Stop, Avinashi Road, Tirupur, Tamil Nadu, 641603.

  • When was Cheran Spinning Mills Private Limited incorporated?

    Cheran Spinning Mills Private Limited was incorporated on 16 November 1989.

  • Who are the current directors of Cheran Spinning Mills Private Limited?

    The current directors of Cheran Spinning Mills Private Limited are

  • What is the primary industry of Cheran Spinning Mills Private Limited?

    The primary industry of Cheran Spinning Mills Private Limited is Manufacturing.

  • Is Cheran Spinning Mills Private Limited a listed company?

    Cheran Spinning Mills Private Limited is unlisted.

  • What is the capital structure of Cheran Spinning Mills Private Limited?

    The authorized capital of Cheran Spinning Mills Private Limited is ₹1.80 Cr, and the paid-up capital is ₹6.80 M.

  • What is the compliance status of Cheran Spinning Mills Private Limited?

    The compliance status of Cheran Spinning Mills Private Limited is Compliant.

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