Jaivignesh Spinner Covai Private Limited - Company Profile

It is a manufacturing private limited company based in Coimbatore, Tamil Nadu, India, established in 2004.
2004 Coimbatore, Tamil Nadu, India Active
Last Updated:
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About Jaivignesh Spinner Covai Private Limited

Jaivignesh Spinner Covai Private Limited, a active private limited company, was established on 20 October 2004 in Coimbatore, Tamil Nadu, India. Engaging in textile & fabric production within the manufacturing sector, it holds CIN: U17111TZ2004PTC011398. Registered under ROC Roc Coimbatore. it is unlisted. It has an authorized capital of ₹5.00 Cr and a paid-up capital of ₹4.45 Cr.

Formerly known as Jaivignesh Spinner Covai Private Limited, Jaivignesh Spinner Covai Limited. It upholds a compliant status. Its leadership includes Velusamy Sengottaiyan (Director), Latha Velusamy (Director). Past directors included Sengottaiyan Chinnuswamy Shanthi, Koushik Dayanidhi Velusamy, Sengodagounder Chinnusamy. It holds no open charges and ₹7.81 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: 9/3-A, School Street, Chinnavedampatti,, Coimbatore, Tamil Nadu, 641006.

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

    +91-XXXXXXXXXX

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

  • CIN/LLPIN

    U17111TZ2004PTC011398

  • Registration Number

    011398

  • Incorporation Date

    20 October 2004

  • Authorized Capital

    ₹5.00 Cr

  • Paid-Up Capital

    ₹4.45 Cr

  • ROC Code

    Roc Coimbatore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 4.45 Cr
  • Company Age 21 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 7.81 Cr
  • Revenue Growth **** -74.06%
  • Profit Growth **** -329.64%
  • Ebitda **** -78.40%
  • Net Worth -38.53%
  • Total Assets -29.15%
Company report

Jaivignesh Spinner Covai Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Jaivignesh Spinner Covai 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 Jaivignesh Spinner Covai Private Limited?
Current Directors
Name Designation Appointment Date Status
Velusamy Sengottaiyan Director 20 Oct 2004 Current
Latha Velusamy Director 17 Dec 2004 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 28 Mar 2017 Past
Pramod Abcsdd Additional Director 29 Sep 2017 Past
Pramod Abcsdd Director 28 Mar 2017 Past

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Financial Performance of Jaivignesh Spinner Covai.

Jaivignesh Spinner Covai Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 74.06% decrease. The company also saw a substantial fall in profitability, with a 329.64% decrease in profit. The company's net worth observed a substantial decline by a decrease of 38.53%.

Jaivignesh Spinner Covai revenue growth over time
Jaivignesh Spinner Covai 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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 -74.06%
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Revenue from Operations
*******
 -73.32%
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*******
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Total Assets
*******
 -29.15%
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*******
*******
*******
Profit or Loss
*******
 -329.64%
*******
*******
*******
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Net Worth
*******
 -38.53%
*******
*******
*******
*******
EBITDA
*******
 -78.40%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Jaivignesh Spinner Covai?

In 2023, Jaivignesh Spinner Covai 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

₹0

Satisfied Charges

₹78,114,000.00

Charges Breakdown by Lending Institutions
  • State Bank Of India : 5.52 Cr
  • Others : 2.29 Cr
Latest Charge Details
Date Lender Amount Status
31 Dec 2018 Others ₹2.29 Cr Satisfied
28 Jan 2013 State Bank Of India ₹1.25 Cr Satisfied
10 Sep 2005 State Bank Of India ₹4.27 Cr Satisfied

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How Many Employees Work at Jaivignesh Spinner Covai?

Unlock and access historical data on people associated with Jaivignesh Spinner Covai, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

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 Jaivignesh Spinner Covai, 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 Jaivignesh Spinner Covai'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 Jaivignesh Spinner Covai
Recent Activity within the Organization
  • Annual General Meeting

    Progress on Jaivignesh Spinner Covai Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was documented.

  • Charges

    The activity A charge registered on 31 Dec 2018 via Charge ID 100231690 with Others was fully satisfied on 03 Sep 2024. was completed.

  • Balance Sheet

    Jaivignesh Spinner Covai Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore. was recorded as a recent event.

  • Charges

    Progress on A charge with Others of Rs. 2.29 Cr registered on 31 Dec 2018 with Charge ID 100231690 was modified on 21 Mar 2022. was documented.

  • Charges

    A charge registered on 28 Jan 2013 via Charge ID 10409482 with State Bank Of India was fully satisfied on 29 Jan 2019. was recorded as a recent event.

  • Charges

    A charge registered on 10 Sep 2005 via Charge ID 80051683 with State Bank Of India was fully satisfied on 29 Jan 2019. was recorded as a recent event.

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

The CIN of Jaivignesh Spinner Covai Private Limited is U17111TZ2004PTC011398.

Where is Jaivignesh Spinner Covai Private Limited headquartered?

Jaivignesh Spinner Covai Private Limited is headquartered at No: 9/3-A, School Street, Chinnavedampatti,, Coimbatore, Tamil Nadu, 641006.

When was Jaivignesh Spinner Covai Private Limited incorporated?

Jaivignesh Spinner Covai Private Limited was incorporated on 20 October 2004.

Who are the current directors of Jaivignesh Spinner Covai Private Limited?

The current directors of Jaivignesh Spinner Covai Private Limited are

What is the primary industry of Jaivignesh Spinner Covai Private Limited?

The primary industry of Jaivignesh Spinner Covai Private Limited is Manufacturing.

Is Jaivignesh Spinner Covai Private Limited a listed company?

Jaivignesh Spinner Covai Private Limited is unlisted.

What is the capital structure of Jaivignesh Spinner Covai Private Limited?

The authorized capital of Jaivignesh Spinner Covai Private Limited is ₹5.00 Cr, and the paid-up capital is ₹4.45 Cr.

What is the compliance status of Jaivignesh Spinner Covai Private Limited?

The compliance status of Jaivignesh Spinner Covai Private Limited is Compliant.

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