Modern Cotton Yarn Spinners Limited - Company Profile

It is a home & lifestyle public limited company based in Madurai, Tamil Nadu, India, established in 2005.
2005 Madurai, Tamil Nadu, India Active
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About Modern Cotton Yarn Spinners Limited

Modern Cotton Yarn Spinners Limited, a active public limited company, was established on 24 August 2005 in Madurai, Tamil Nadu, India. Engaging in textile retail & distribution within the manufacturing sector, it holds CIN: U17111TN2005PLC057274. Registered under ROC Roc Chennai. it is unlisted. It has an authorized capital of ₹3.05 Cr and a paid-up capital of ₹3.05 Cr.

It upholds a compliant status. Its leadership includes Ashok Kumar Kinra (Director), Vidya Charan Shukla (Director), Nagaraju Srirama (Director). Past directors included Ravichandran Natarajan Alampundi, Ramkumar Lakshminarayanan, Vidya Charan Shukla. It holds no open charges and ₹20.08 Cr settled loans. Its latest AGM occurred on 19 August 2025, with the balance sheet filed on 31 March 2025. It is based at 3, Madurai-Melakkal Road, Madurai, Tamil Nadu, 625016.

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

    +91-XXXXXXXXXX

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

  • CIN/LLPIN

    U17111TN2005PLC057274

  • Registration Number

    057274

  • Incorporation Date

    24 August 2005

  • Authorized Capital

    ₹3.05 Cr

  • Paid-Up Capital

    ₹3.05 Cr

  • ROC Code

    Roc Chennai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 3.05 Cr
  • Paid Up Capital ₹ 3.05 Cr
  • Company Age 20 Year, 5 Months
  • Last Filing with ROC 31 Mar 2025
  • Satisfied Charges ₹ 20.08 Cr
  • Revenue Growth **** -27.45%
  • Profit Growth **** -53.99%
  • Ebitda **** -62.21%
  • Net Worth 22.02%
  • Total Assets -40.20%
Company report

Modern Cotton Yarn Spinners Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Modern Cotton Yarn 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 Modern Cotton Yarn Spinners Limited?
Current Directors
Name Designation Appointment Date Status
Ashok Kumar Kinra Director 01 Aug 2006 Current
Vidya Charan Shukla Director 24 Oct 2019 Current
Nagaraju Srirama Director 06 May 2013 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 06 May 2013 Past
Pramod Abcsdd Director 31 Dec 2007 Past
Pramod Abcsdd Director Appointed In Casual Vacancy 01 Sep 2020 Past
Pramod Abcsdd Company Secretary 28 Mar 2009 Past
Pramod Abcsdd Secretary - Past
Pramod Abcsdd Director 01 Feb 2011 Past

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Financial Performance of Modern Cotton Yarn Spinners.

Modern Cotton Yarn Spinners Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 27.45% decrease. The company also saw a substantial fall in profitability, with a 53.99% decrease in profit. The company's net worth Soared by an impressive increase of 22.02%.

Modern Cotton Yarn Spinners revenue growth over time
Modern Cotton Yarn 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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 -27.45%
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*******
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Revenue from Operations
*******
 -27.72%
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*******
*******
Total Assets
*******
 -40.20%
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*******
*******
Profit or Loss
*******
 -53.99%
*******
*******
*******
*******
Net Worth
*******
 22.02%
*******
*******
*******
*******
EBITDA
*******
 -62.21%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Modern Cotton Yarn Spinners?

In 2023, Modern Cotton Yarn Spinners 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

₹200,800,000.00

Charges Breakdown by Lending Institutions
  • Canara Bank : 13.50 Cr
  • Bank Of Bahrain & Kuwait B.S.C : 6.58 Cr
Latest Charge Details
Date Lender Amount Status
20 Jun 2011 Bank Of Bahrain & Kuwait B.S.C ₹6.58 Cr Satisfied
29 Oct 2007 Canara Bank ₹13.50 Cr Satisfied

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How Many Employees Work at Modern Cotton Yarn Spinners?

Unlock and access historical data on people associated with Modern Cotton Yarn Spinners, 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 Modern Cotton Yarn 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 Modern Cotton Yarn 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 Modern Cotton Yarn Spinners
Recent Activity within the Organization
  • Annual General Meeting

    Modern Cotton Yarn Spinners Limited last Annual general meeting of members was held on 19 Aug 2025 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

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

  • Charges

    The activity A charge registered on 29 Oct 2007 via Charge ID 10078619 with Canara Bank was fully satisfied on 17 Aug 2024. was completed.

  • Charges

    The activity A charge registered on 20 Jun 2011 via Charge ID 10300598 with Bank Of Bahrain & Kuwait B.S.C was fully satisfied on 24 Sep 2020. was completed.

  • Director Appointment

    Progress on Vidya Charan Shukla was appointed as a Director was appointed as a Director on 24 Oct 2019 & has been associated with this company since 6 years 3 months . was documented.

  • Charges

    A charge with Canara Bank of Rs. 13.50 Cr registered on 29 Oct 2007 with Charge ID 10078619 was modified on 26 Jul 2014. was recorded as a recent event.

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Frequently Asked Questions
What is the CIN of Modern Cotton Yarn Spinners Limited?

The CIN of Modern Cotton Yarn Spinners Limited is U17111TN2005PLC057274.

Where is Modern Cotton Yarn Spinners Limited headquartered?

Modern Cotton Yarn Spinners Limited is headquartered at 3, Madurai-Melakkal Road, Madurai, Tamil Nadu, 625016.

When was Modern Cotton Yarn Spinners Limited incorporated?

Modern Cotton Yarn Spinners Limited was incorporated on 24 August 2005.

Who are the current directors of Modern Cotton Yarn Spinners Limited?

The current directors of Modern Cotton Yarn Spinners Limited are

What is the primary industry of Modern Cotton Yarn Spinners Limited?

The primary industry of Modern Cotton Yarn Spinners Limited is Manufacturing.

Is Modern Cotton Yarn Spinners Limited a listed company?

Modern Cotton Yarn Spinners Limited is unlisted.

What is the capital structure of Modern Cotton Yarn Spinners Limited?

The authorized capital of Modern Cotton Yarn Spinners Limited is ₹3.05 Cr, and the paid-up capital is ₹3.05 Cr.

What is the compliance status of Modern Cotton Yarn Spinners Limited?

The compliance status of Modern Cotton Yarn Spinners Limited is Compliant.

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