Mountain Spinning Mills Limited - Company Profile

It is a manufacturing public limited company based in Tuticorin, Tamil Nadu, India, established in 1990.
1990 Tuticorin, Tamil Nadu, India Active
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About Mountain Spinning Mills Limited

Mountain Spinning Mills Limited, a active public limited company, was established on 23 February 1990 in Tuticorin, Tamil Nadu, India. Engaging in textile & fabric production within the manufacturing sector, it holds CIN: U80100TN1990PLC018779. Registered under ROC Roc Chennai. it is unlisted. It has an authorized capital of ₹10.00 Cr and a paid-up capital of ₹5.12 Cr.

Formerly known as Mountain Spinning Private Limited, Mountain Spinning Limited. It upholds a compliant status. Employing 3 professional, Its leadership includes Subaschandrabose Muthuswamy Palanimuthu (Director), Amarnath Vijayalakshmi (Director), Vettivel Subathra (Director). Past directors included Chellappanadar Prabhakaran, Sachithanantham Pillai Packiam, Chidambaram Amarnath. It holds no open charges and ₹222.17 Cr settled loans. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at 97/1-A, Kootundankadu,Mangalagiri(P.O.) Mangalagiri(P.O.), Tuticorin, Tamil Nadu, 628103.

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

    +91-XXXXXXXXXX

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

  • CIN/LLPIN

    U80100TN1990PLC018779

  • Registration Number

    018779

  • Incorporation Date

    23 February 1990

  • Authorized Capital

    ₹10.00 Cr

  • Paid-Up Capital

    ₹5.12 Cr

  • ROC Code

    Roc Chennai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 5.12 Cr
  • Company Age 36 Year, 5 Days
  • Last Filing with ROC 31 Mar 2025
  • Satisfied Charges ₹ 222.17 Cr
  • Revenue Growth **** 4.96%
  • Profit Growth **** -22.73%
  • Ebitda **** -44.37%
  • Net Worth -9.89%
  • Total Assets -19.28%
Company report

Mountain Spinning Mills Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Mountain Spinning Mills 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 Mountain Spinning Mills Limited?
Current Directors
Name Designation Appointment Date Status
Subaschandrabose Muthuswamy Palanimuthu Director 03 Feb 2024 Current
Amarnath Vijayalakshmi Director 06 May 2019 Current
Vettivel Subathra Director 08 Sep 1999 Current
Archudhan Ganesan Ilango Additional Director 29 Jan 2025 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Additional Director 29 Sep 2016 Past
Pramod Abcsdd Director 13 Mar 2014 Past
Pramod Abcsdd Additional Director 23 Nov 2020 Past
Pramod Abcsdd Director 29 Sep 2016 Past
Pramod Abcsdd Whole-Time Director 28 Mar 2009 Past
Pramod Abcsdd Director 13 Apr 2007 Past

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Financial Performance of Mountain Spinning Mills.

Mountain Spinning Mills Limited, for the financial year ended 2022, experienced modest growth in revenue, with a 4.96% increase. The company also saw a substantial fall in profitability, with a 22.73% decrease in profit. The company's net worth dipped by a decrease of 9.89%.

Mountain Spinning Mills revenue growth over time
Mountain 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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 4.96%
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Revenue from Operations
*******
 96.26%
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*******
*******
Total Assets
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 -19.28%
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Profit or Loss
*******
 -22.73%
*******
*******
*******
*******
Net Worth
*******
 -9.89%
*******
*******
*******
*******
EBITDA
*******
 -44.37%
*******
*******
*******
*******

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

In 2021, Mountain Spinning Mills had a promoter holding of 58.97% and a public holding of 41.03%. 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

₹2,221,720,000.00

Charges Breakdown by Lending Institutions
  • Indian Bank : 138.24 Cr
  • The Karur Vysya Bank Limited : 46.27 Cr
  • Tamilnad Mercantile Bank Limited : 21.90 Cr
  • The Karur Vysya Bank Ltd : 8.67 Cr
  • Tnmb : 3.00 Cr
  • Others : 4.10 Cr
Latest Charge Details
Date Lender Amount Status
14 Aug 2014 The Karur Vysya Bank Limited ₹31.65 Cr Satisfied
12 Apr 2014 The Karur Vysya Bank Limited ₹2.00 Cr Satisfied
11 Mar 2013 The Karur Vysya Bank Limited ₹1.50 Cr Satisfied
27 Nov 2012 The Karur Vysya Bank Limited ₹1.10 Cr Satisfied
20 Oct 2008 Indian Bank ₹1.50 Cr Satisfied

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How Many Employees Work at Mountain Spinning Mills?

Mountain Spinning Mills has a workforce of 3 employees as of Apr 04, 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 Mountain 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 Mountain 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 Mountain Spinning Mills
Recent Activity within the Organization
  • Annual General Meeting

    Mountain Spinning Mills Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

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

  • Director Appointment

    Archudhan Ganesan Ilango was appointed as a Additional Director was appointed as a Additional Director on 29 Jan 2025 & has been associated with this company since 1 year 30 days . was recorded as a recent event.

  • Director Appointment

    The activity Subaschandrabose Muthuswamy Palanimuthu was appointed as a Director was appointed as a Director on 03 Feb 2024 & has been associated with this company since 2 years 26 days . was completed.

  • Charges

    A charge registered on 14 Aug 2014 via Charge ID 10518592 with The Karur Vysya Bank Limited was fully satisfied on 08 Jul 2022. was recorded as a recent event.

  • Charges

    Progress on A charge registered on 11 Mar 2013 via Charge ID 10418833 with The Karur Vysya Bank Limited was fully satisfied on 08 Jul 2022. was documented.

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

The CIN of Mountain Spinning Mills Limited is U80100TN1990PLC018779.

Where is Mountain Spinning Mills Limited headquartered?

Mountain Spinning Mills Limited is headquartered at 97/1-A, Kootundankadu,Mangalagiri(P.O.) Mangalagiri(P.O.), Tuticorin, Tamil Nadu, 628103.

When was Mountain Spinning Mills Limited incorporated?

Mountain Spinning Mills Limited was incorporated on 23 February 1990.

Who are the current directors of Mountain Spinning Mills Limited?

The current directors of Mountain Spinning Mills Limited are

What is the primary industry of Mountain Spinning Mills Limited?

The primary industry of Mountain Spinning Mills Limited is Manufacturing.

Is Mountain Spinning Mills Limited a listed company?

Mountain Spinning Mills Limited is unlisted.

What is the capital structure of Mountain Spinning Mills Limited?

The authorized capital of Mountain Spinning Mills Limited is ₹10.00 Cr, and the paid-up capital is ₹5.12 Cr.

What is the compliance status of Mountain Spinning Mills Limited?

The compliance status of Mountain Spinning Mills Limited is Compliant.

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