Classic Spinning Mills Private Limited

Classic Spinning Mills Private Limited - manufacturing in Tirupur, Tamil Nadu, India. Directors, charges & compliance details.
CIN U17111TZ1990PTC002921 Incorporated 05 November 1990 ROC Coimbatore HQ Tirupur, Tamil Nadu, India
Dissolved (Liquidated) Private Limited Company manufacturing
Data last updated
Authorised capital
₹9.03 Cr
Registered with MCA
Paid-up capital
₹8.89 Cr
Issued & subscribed
Open charges
₹59.43 Cr
Satisfied ₹50.21 Cr
Company age
36 yrs
Est. 1990
Directors on board
2
As per MCA filings
GST registrations
1
None active
Last financials
Mar 2012
Balance sheet date
Last AGM
28 Sep 2012
Annual general meeting

About Classic Spinning Mills Private Limited

Data last updated:

Classic Spinning Mills Private Limited was a private limited company based in Tirupur, Tamil Nadu, India. The company has been dissolved (liquidated) as per MCA records and no longer exists as a legal entity. Any dealings with a dissolved entity carry legal and financial risk. It operated in the textile and fabric production segment of the manufacturing sector. It was incorporated on 05 November 1990.

The company was registered with the Registrar of Companies (ROC), Coimbatore, under CIN U17111TZ1990PTC002921. The company has 1 GST registration on record, which is no longer active.

The company had an authorised share capital of ₹9.03 Cr and a paid-up capital of ₹8.89 Cr. It was led by directors Duraiswamy Aadith Vikram and Duraiswamy Prem.

Its last annual general meeting (AGM) was held on 28 September 2012, and its latest financial statements are for the year ended 31 March 2012. The registered office was at No 5 Prem Gardensrajaji Nagar Pn Road, Tirupur, Tamil Nadu, India – 641602.

As per MCA filings, the company had open charges of ₹59.43 Cr and satisfied charges of ₹50.21 Cr on record. Court records list 80 cases involving the company, including 40 filed by the company and 40 filed against it.

Company details

CIN U17111TZ1990PTC002921
Registration Number 002921
Incorporation Date 05 November 1990
ROC Coimbatore
Listing Status Unlisted
Company Status Dissolved (Liquidated)
Date of Last AGM 28 September 2012
Date of Balance Sheet 31 March 2012

Contact details

Classic Spinning Mills Private Limited's registered office is in Tirupur, Tamil Nadu.

  • Registered Address
    No 5 Prem Gardensrajaji Nagar Pn Road, Tirupur, Tamil Nadu, India – 641602
  • Industry
    Manufacturing, Textile & Fabric Production
Comprehensive company report
Classic Spinning Mills 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

Financials of Classic Spinning Mills Private Limited

FY 2012 filings available

Financial Statement Summary

MetricsFY 2011-12
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA
Profit Before Tax
Tax Expense
Net Profit (PAT)
Balance Sheet
Share Capital
Reserves and Surplus
Net Worth (Total Equity)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2011-12
Profitability
EBITDA Margin
Net Profit Margin
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
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 Classic Spinning Mills Private Limited, buy the company report.

Board of directors of Classic Spinning Mills Private Limited

Classic Spinning Mills has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Duraiswamy Aadith VikramDirector10 May 200620 Years 5 MonthsAs last reported
Duraiswamy PremDirector10 May 200620 Years 5 MonthsAs last reported

Charges & borrowings

Open charges
₹59.43 Cr
Satisfied charges
₹50.21 Cr
Breakdown by lending institutions
Axis Bank Limited₹30.00 Cr
Others₹29.43 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
23 Dec 201310472121Axis Bank Limited₹30 CrOpen
01 Nov 201010256537Others₹29.43 CrOpen
27 Mar 201310427120Others₹12.84 CrSatisfied
05 Oct 201010244450Union Bank of India₹2 CrSatisfied
29 Mar 201010213197Union Bank of India₹12.02 CrSatisfied

To see the full charge records of Classic Spinning Mills Private Limited, buy the company report.

Total charge records: 9 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Classic Spinning Mills Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Classic Spinning Mills has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.

Total GSTINs
1
Cancelled / inactive
1

To see the full GST registrations and return filing status of Classic Spinning Mills Private Limited, buy the company report.

Recent activity

Classic Spinning Mills Private Limited has 5 board changes on record since 2006: 2 appointments and 3 cessations. The latest: Veerappan Anbazhagan ceased to be Director on 20 Aug 2015.

Charges
A charge registered on 27 Mar 2013 via Charge ID 10427120 with Others was fully satisfied on 14 Mar 2017.
Charges
A charge with Others of Rs. 12.84 Cr registered on 27 Mar 2013 with Charge ID 10427120 was modified on 30 Jun 2016.
Charges
A charge with Others of Rs. 29.43 Cr registered on 01 Nov 2010 with Charge ID 10256537 was modified on 10 Mar 2016.
Ceased
Veerappan Anbazhagan ceased to be Director.
Charges
A charge with Axis Bank Limited amounted to Rs. 30.00 Cr with Charge ID 10472121 was registered on 23 Dec 2013.
Charges
A charge with Others amounted to Rs. 12.84 Cr with Charge ID 10427120 was registered on 27 Mar 2013.
AGM
Classic Spinning Mills Private Limited last Annual general meeting of members was held on 28 Sep 2012 as per latest MCA records.
Filing
Classic Spinning Mills Private Limited has filed its annual Financial statements for the year ended 31 Mar 2012 with Roc Coimbatore.
Charges
A charge registered on 05 Oct 2010 via Charge ID 10244450 with Union Bank Of India was fully satisfied on 13 Jan 2012.
Charges
A charge registered on 29 Mar 2010 via Charge ID 10213197 with Union Bank Of India was fully satisfied on 13 Jan 2012.
Charges
A charge with Others amounted to Rs. 29.43 Cr with Charge ID 10256537 was registered on 01 Nov 2010.
Ceased
Duraiswamy ceased to be Managing Director.

19 earlier events are in the company report.

Frequently asked questions

Classic Spinning Mills has been "Dissolved (Liquidated)" as per MCA records. The company has ceased to exist as a legal entity. Any contracts or dealings with a dissolved entity may be legally unenforceable.

Classic Spinning Mills was a private limited company based in Tirupur, Tamil Nadu, India. The company worked in textile and fabric production, within the manufacturing industry. It was incorporated on 05 November 1990 and is registered under CIN U17111TZ1990PTC002921. The company is recorded as dissolved (liquidated) in MCA records and no longer exists as a legal entity.

Classic Spinning Mills was incorporated on 05 November 1990. It is registered with the Registrar of Companies, Coimbatore.

Classic Spinning Mills had 2 directors:

The CIN (Corporate Identification Number) of Classic Spinning Mills is U17111TZ1990PTC002921. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

The registered office of Classic Spinning Mills is at No 5 Prem Gardensrajaji Nagar Pn Road, Tirupur, Tamil Nadu, India – 641602.

The latest financial statements of Classic Spinning Mills on record with the MCA are for the year ended 31 March 2012. Its last annual general meeting was held on 28 September 2012. Year-wise statements from 2015 are in the company report.

No. Classic Spinning Mills has 1 GST registration on record and it is cancelled or inactive.

Classic Spinning Mills operated in the manufacturing industry, in the textile and fabric production segment.

Classic Spinning Mills has 80 court cases on record: 40 filed by the company and 40 filed against it. Most are in the district courts.