Maris Spinners Limited - Company Profile

It is a manufacturing public limited company based in Chennai, Tamil Nadu, India, established in 1979.
1979 Chennai, Tamil Nadu, India Active
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About Maris Spinners Limited

Maris Spinners Limited, a active public limited company, was established on 18 September 1979 in Chennai, Tamil Nadu, India. Engaging in textile & fabric production within the manufacturing sector, it holds CIN: L93090TN1979PLC032618. Registered under ROC Roc Chennai. it is listed on BSE: 531503. It has an authorized capital of ₹10.00 Cr and a paid-up capital of ₹7.92 Cr.

Formerly known as Maris Spinners Private Limited. It upholds a compliant status. In 2023, it reported revenue of ₹149.95 Cr and a net worth of ₹30.33 Cr. Employing 351 professional, Its leadership includes Swaminathan (Director), Parag Harkishon Udani (Director), Ananthakumar Dhamayanthi (Director). Past directors included Sivaswami Venkataramani, Swaminathan, Parag Harkishon Udani. It holds ₹149.86 Cr open charges and ₹101.50 Cr settled loans. Its latest AGM occurred on 29 August 2025, with the balance sheet filed on 31 March 2025. It is based at New No.11,Old No.9 Cathedral Road,Gopalapuram, Chennai, Tamil Nadu, 600086.

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

    +91-XXXXXXXXXX

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

  • CIN/LLPIN

    L93090TN1979PLC032618

  • Registration Number

    032618

  • Incorporation Date

    18 September 1979

  • Authorized Capital

    ₹10.00 Cr

  • Paid-Up Capital

    ₹7.92 Cr

  • ROC Code

    Roc Chennai

  • Listing Status

    Listed (BSE: 531503)

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 7.92 Cr
  • Company Age 46 Year, 4 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 149.86 Cr
  • Satisfied Charges ₹ 101.50 Cr
  • Revenue Growth **** -12.80%
  • Profit Growth **** -170.41%
  • Ebitda **** -128.00%
  • Net Worth -28.34%
  • Total Assets **** 11.80%
Company report

Maris Spinners Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Maris Spinners 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 Maris Spinners Limited?
Current Directors
Name Designation Appointment Date Status
Swaminathan Director 21 Jun 2019 Current
Parag Harkishon Udani Director 30 May 2019 Current
Ananthakumar Dhamayanthi Director 30 May 2019 Current
Harigovind Whole-Time Director 01 Nov 2016 Current
Adithya Raghuraman Whole-Time Director 09 Jun 2021 Current
Sethuraman Kalyanaraman Director 30 May 2019 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 11 Sep 2019 Past
Pramod Abcsdd Additional Director 20 Sep 2019 Past
Pramod Abcsdd Additional Director 20 Sep 2019 Past
Pramod Abcsdd Additional Director 20 Sep 2019 Past
Pramod Abcsdd Director 01 Nov 2016 Past
Pramod Abcsdd Director 11 Sep 2019 Past

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Financial Performance of Maris Spinners.

Maris Spinners Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 12.8% decrease. The company also saw a substantial fall in profitability, with a 170.41% decrease in profit. The company's net worth observed a substantial decline by a decrease of 28.34%.

Maris Spinners revenue growth over time
Maris Spinners 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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 -12.80%
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Revenue from Operations
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 -13.86%
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*******
*******
Total Assets
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 11.80%
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*******
Profit or Loss
*******
 -170.41%
*******
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*******
*******
Net Worth
*******
 -28.34%
*******
*******
*******
*******
EBITDA
*******
 -128.00%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Maris Spinners?

In 2023, Maris Spinners had a promoter holding of 74.23% and a public holding of 25.77%. 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

₹1,498,600,000.00

Satisfied Charges

₹1,015,015,163.00

Charges Breakdown by Lending Institutions
  • Indian Overseas Bank : 79.00 Cr
  • Others : 69.61 Cr
  • Industrial Development Bank Of India : 1.00 Cr
  • The Catholic Syrian Bank Ltd : 0.25 Cr
Latest Charge Details
Date Lender Amount Status
30 Nov 2023 Others ₹15.00 Cr Open
25 Sep 2020 Others ₹3.84 Cr Open
03 Mar 2014 Others ₹50.77 Cr Open
21 Jan 2006 Indian Overseas Bank ₹79.00 Cr Open
25 Mar 1994 Industrial Development Bank Of India ₹1.00 Cr Open

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How Many Employees Work at Maris Spinners?

Maris Spinners has a workforce of 351 employees as of Apr 06, 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 Maris Spinners, 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 Maris Spinners'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 Maris Spinners
Recent Activity within the Organization
  • Annual General Meeting

    Progress on Maris Spinners Limited last Annual general meeting of members was held on 29 Aug 2025 as per latest MCA records. was documented.

  • Director Appointment

    Ramalingam Thangamariappan was appointed as a Additional Director was appointed as a Additional Director on 01 Aug 2025 & has been associated with this company since 6 months 12 days . was recorded as a recent event.

  • Director Appointment

    The activity Ramasamy Sethuraman Ganappathi was appointed as a Additional Director was appointed as a Additional Director on 01 Aug 2025 & has been associated with this company since 6 months 12 days . was completed.

  • Director Appointment

    The activity Viswanathan Sumathi was appointed as a Additional Director was appointed as a Additional Director on 01 Aug 2025 & has been associated with this company since 6 months 12 days . was completed.

  • Director Appointment

    The activity Csrinivasan was appointed as a Cfo was appointed as a Cfo on 02 Apr 2025 & has been associated with this company since 10 months 10 days . was completed.

  • Balance Sheet

    The activity Maris Spinners Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chennai. was completed.

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Frequently Asked Questions
What is the CIN of Maris Spinners Limited?

The CIN of Maris Spinners Limited is L93090TN1979PLC032618.

Where is Maris Spinners Limited headquartered?

Maris Spinners Limited is headquartered at New No.11,Old No.9 Cathedral Road,Gopalapuram, Chennai, Tamil Nadu, 600086.

When was Maris Spinners Limited incorporated?

Maris Spinners Limited was incorporated on 18 September 1979.

Who are the current directors of Maris Spinners Limited?

The current directors of Maris Spinners Limited are

What is the primary industry of Maris Spinners Limited?

The primary industry of Maris Spinners Limited is Manufacturing.

Is Maris Spinners Limited a listed company?

Maris Spinners Limited is listed. It is listed on BSE: 531503.

What is the capital structure of Maris Spinners Limited?

The authorized capital of Maris Spinners Limited is ₹10.00 Cr, and the paid-up capital is ₹7.92 Cr.

What is the compliance status of Maris Spinners Limited?

The compliance status of Maris Spinners Limited is Compliant.

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