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:
Access Report
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 ₹56.03 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
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

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 Metrics
  • Authorised Capital ₹ 1.80 Cr
  • Paid Up Capital ₹ 6.80 M
  • Company Age 36 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 56.03 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

Comprehensive Company Insights

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.

Access Report
Who are the key members and board of directors at Cheran Spinning Mills Private Limited?
Current Directors
Name Designation Appointment Date Status
Mamarathupalayam Karuppannan Palanisamy Managing Director 18 Mar 1993 Current
Anand Whole-Time Director 10 Aug 2015 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 24 Aug 2015 Past
Pramod Abcsdd Director 24 Aug 2015 Past
Pramod Abcsdd Director 24 Aug 2015 Past
Pramod Abcsdd Director 24 Aug 2015 Past
Pramod Abcsdd Director 24 Aug 2015 Past
Pramod Abcsdd Managing Director 01 Feb 2016 Past

Discover detailed profiles of directors and KMP - Unlock leadership insights today!

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
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
********
 -28.47%
*******
*******
*******
*******
Revenue from Operations
*******
 -28.36%
*******
*******
*******
*******
Total Assets
*******
 2.18%
*******
*******
*******
*******
Profit or Loss
*******
 -104.81%
*******
*******
*******
*******
Net Worth
*******
 -0.92%
*******
*******
*******
*******
EBITDA
*******
 -59.66%
*******
*******
*******
*******

Discover detailed financial data and - Unlock financial today!

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.

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

Reveal ownership structures and financial performance - Get instant access now!

Charges (Loans)
Open Charges

₹560,300,000.00

Satisfied Charges

₹297,678,000.00

Charges Breakdown by Lending Institutions
  • State Bank Of India : 51.53 Cr
  • Hdfc Bank Limited : 4.50 Cr
Latest Charge Details
Date Lender Amount Status
07 Jan 2022 Hdfc Bank Limited ₹4.50 Cr Open
24 Mar 2016 State Bank Of India ₹51.53 Cr Open
27 Jan 2020 Hdfc Bank Limited ₹0.89 M Satisfied
11 Jan 2007 Hdfc Bank Limited ₹4.00 Cr Satisfied
06 Feb 2006 Indusind Bank Limited ₹4.00 Cr Satisfied

Explore comprehensive loan charge details -

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 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 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
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.

Explore deal ratings and alerts - Get instant access now!

Latest Updates, News, and FAQs on Cheran Spinning Mills
Recent Activity within the Organization
  • Charges

    Progress on A charge with State Bank Of India of Rs. 51.53 Cr registered on 24 Mar 2016 with Charge ID 100020450 was modified on 06 Oct 2025. was documented.

  • 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

    Progress on 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 documented.

  • Charges

    The activity 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 completed.

  • Annual General Meeting

    Cheran Spinning Mills Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was recorded as a recent event.

  • 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.

Explore recent activity and updates - View Recent Activity

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.

Explore millions of companies — effortlessly

Access structured, verified intelligence on 7M+ companies across industries, sectors, and global markets. From early-stage startups to large enterprises, discover ownership, leadership, funding, financials, acquisitions, and market signals — all in one powerful platform.

Free account with essential features Instant access to company reports Enterprise solutions available