Golden Spinning Mills Private Limited - Company Profile

It is a manufacturing private limited company based in Salem, Tamil Nadu, India, established in 1981.
1981 Salem, Tamil Nadu, India Active
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About Golden Spinning Mills Private Limited

Golden Spinning Mills Private Limited, a active private limited company, was established on 24 February 1981 in Salem, Tamil Nadu, India. Engaging in textile & fabric production within the manufacturing sector, it holds CIN: U17111TZ1981PTC001017. Registered under ROC Roc Coimbatore. it is unlisted. It has an authorized capital of ₹3.00 Cr and a paid-up capital of ₹3.00 Cr.

Formerly known as Golden Spinning Mills Limited. It upholds a compliant status. Employing 88 professional, Its leadership includes Palaniappan Sundaram (Managing Director), Palaniappan Gunasekaran (Director). Past directors included Dhanasekaran Perumalmudaliar Murugesamudaliar, Balu Thirugnanam, Thangavel Ganesh. It holds ₹14.53 Cr open charges and ₹19.97 Cr settled loans. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at 73/415, 1 St Agraharam 1 St Floor, Salem, Tamil Nadu, 636001.

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

    +91-XXXXXXXXXX

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

  • CIN/LLPIN

    U17111TZ1981PTC001017

  • Registration Number

    001017

  • Incorporation Date

    24 February 1981

  • Authorized Capital

    ₹3.00 Cr

  • Paid-Up Capital

    ₹3.00 Cr

  • ROC Code

    Roc Coimbatore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 3.00 Cr
  • Company Age 44 Year, 11 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 14.53 Cr
  • Satisfied Charges ₹ 19.97 Cr
  • Revenue Growth **** -32.05%
  • Profit Growth **** -394.86%
  • Ebitda **** -72.58%
  • Net Worth -55.43%
  • Total Assets -18.34%
Company report

Golden Spinning Mills Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Golden 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 Golden Spinning Mills Private Limited?
Current Directors
Name Designation Appointment Date Status
Palaniappan Sundaram Managing Director 02 Sep 1982 Current
Palaniappan Gunasekaran Director 01 Feb 1984 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 27 May 2011 Past
Pramod Abcsdd Director 27 May 2011 Past
Pramod Abcsdd Director 04 Jul 2016 Past
Pramod Abcsdd Director 27 May 2011 Past
Pramod Abcsdd Managing Director 27 May 2011 Past

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Financial Performance of Golden Spinning Mills.

Golden Spinning Mills Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 32.05% decrease. The company also saw a substantial fall in profitability, with a 394.86% decrease in profit. The company's net worth observed a substantial decline by a decrease of 55.43%.

Golden Spinning Mills revenue growth over time
Golden 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
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 -32.05%
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Revenue from Operations
*******
 -32.30%
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*******
*******
Total Assets
*******
 -18.34%
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*******
*******
Profit or Loss
*******
 -394.86%
*******
*******
*******
*******
Net Worth
*******
 -55.43%
*******
*******
*******
*******
EBITDA
*******
 -72.58%
*******
*******
*******
*******

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

In 2023, Golden Spinning Mills had a public holding of 25.65%. 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

₹145,297,548.00

Satisfied Charges

₹199,726,928.00

Charges Breakdown by Lending Institutions
  • Others : 14.47 Cr
  • The Lakshmi Vilas Bank Ltd. : 0.06 Cr
Latest Charge Details
Date Lender Amount Status
12 Apr 2024 Others ₹4.10 Cr Open
28 Dec 2021 Others ₹9.00 M Open
30 Apr 2018 Others ₹3.25 M Open
16 Sep 2015 Others ₹9.15 Cr Open
18 Jan 1984 The Lakshmi Vilas Bank Ltd. ₹0.60 M Open

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How Many Employees Work at Golden Spinning Mills?

Golden Spinning Mills has a workforce of 88 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 Golden 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 Golden 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.

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

    A charge registered on 11 Mar 2021 via Charge ID 100440148 with Others was fully satisfied on 10 Nov 2025. was recorded as a recent event.

  • Charges

    A charge registered on 11 Jun 2020 via Charge ID 100358153 with Others was fully satisfied on 10 Nov 2025. was recorded as a recent event.

  • Charges

    Progress on A charge registered on 21 Aug 2019 via Charge ID 100300953 with Others was fully satisfied on 10 Nov 2025. was documented.

  • Annual General Meeting

    Progress on Golden Spinning Mills Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was documented.

  • Balance Sheet

    Golden Spinning Mills Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Coimbatore. was recorded as a recent event.

  • Charges

    Progress on A charge with Others amounted to Rs. 4.10 Cr with Charge ID 100957098 was registered on 12 Apr 2024. was documented.

Explore recent activity and updates - View Recent Activity

Frequently Asked Questions
What is the CIN of Golden Spinning Mills Private Limited?

The CIN of Golden Spinning Mills Private Limited is U17111TZ1981PTC001017.

Where is Golden Spinning Mills Private Limited headquartered?

Golden Spinning Mills Private Limited is headquartered at 73/415, 1 St Agraharam 1 St Floor, Salem, Tamil Nadu, 636001.

When was Golden Spinning Mills Private Limited incorporated?

Golden Spinning Mills Private Limited was incorporated on 24 February 1981.

Who are the current directors of Golden Spinning Mills Private Limited?

The current directors of Golden Spinning Mills Private Limited are

What is the primary industry of Golden Spinning Mills Private Limited?

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

Is Golden Spinning Mills Private Limited a listed company?

Golden Spinning Mills Private Limited is unlisted.

What is the capital structure of Golden Spinning Mills Private Limited?

The authorized capital of Golden Spinning Mills Private Limited is ₹3.00 Cr, and the paid-up capital is ₹3.00 Cr.

What is the compliance status of Golden Spinning Mills Private Limited?

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

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