P S G Spinning Mills Private Limited
About P S G Spinning Mills Private Limited
Data last updated:
P S G Spinning Mills Private Limited is a private limited company based in Erode, Tamil Nadu, India. It operates in the wind energy solutions segment of the environmental services sector. It was incorporated on 22 July 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U17111TZ1994PTC005234. Its GSTIN is 33AABCP0754A1Z4 (Tamil Nadu).
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹2.85 Cr. It is led by directors Pongiannan Samiappagounder (Managing Director) and Samiaappanna Gounder Myilsamy.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 27 Majeeth Street Kangayam, Erode, Tamil Nadu, India – 638701.
As per the financials filed for FY 2025, the company reported a revenue of ₹59,531. For the same year it recorded a net loss of ₹6.15 Lakh and EBITDA of -₹1.58 Lakh (EBITDA margin -265.8%). Revenue has declined at a compounded annual rate (CAGR) of 73% over three years and 58% over five years.
As per MCA filings, the company has open charges of ₹45 Lakh on record. Court records list 13 cases involving the company, including 2 filed by the company and 11 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
P S G Spinning Mills Private Limited's registered office is in Erode, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address27 Majeeth Street Kangayam, Erode, Tamil Nadu, India – 638701
- IndustryEnvironment, Wind Energy Solutions
To see the full contact details of P S G Spinning Mills Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of P S G Spinning Mills is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
Financials of P S G Spinning Mills Private Limited
FY 2025 filings availableP S G Spinning Mills Private Limited reported revenue of ₹59,531 for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 58% over five years. EBITDA rose 84% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹1.58 Lakh | ||||
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| Net Profit (PAT) | -₹6.15 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | -265.8% | ||||
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To see the full financial statements and ratios of P S G Spinning Mills Private Limited, buy the company report.
Board of directors of P S G Spinning Mills Private Limited
P S G Spinning Mills has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Samiaappanna Gounder Myilsamy | Director | 29 Mar 2003 | 23 Years 7 Months | Current |
| Pongiannan Samiappagounder | Managing Director | 22 Jul 1994 | 32 Years 3 Months | Current |
Auditor
P S G Spinning Mills Private Limited is audited by SELVARAJKUPPUSAMY for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SELVARAJKUPPUSAMY | FY 2017 | 029260 |
Shareholding
The shareholding of P S G Spinning Mills Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of P S G Spinning Mills Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Dec 1997 | 90003211 | State Bank of India | ₹30 Lakh | Open | |
| 11 Apr 1997 | 90003096 | State Bank of India | ₹15 Lakh | Open |
To see the full charge records of P S G Spinning Mills Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
P S G Spinning Mills Private Limited has 13 court cases on record: 2 filed by P S G Spinning Mills, 11 filed against it. 1 case is pending and 12 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 11 | 9 | 1 |
| Supreme Court | 2 | 2 | 0 |
Cases on record (5 of 13)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (1010-Company Law, Mrtp, Trai, Sebi, Idrai & Rbi : Matters pertaining to TRAI / SEBI / IDRAI and RBI including Appeals U/S 18 of TRAI Act, Indian Electricity Act, 1910 and 2003, Electricity Supply Act, 1948 and Electricity Reforms Commission Act, 1998) | Filed against the company by 2 Kurian Abraham P Ltd Repd. by Its Director Praveen Mathew Weg No.117, 13/1-423, M.S. Road, Parvathipuram, , District: Nagercoil , , Tamil Nadu and 27 others | Disposed |
| High Court, TAMIL NADU | Interim or miscellaneous application | Filed against the company by Sri Saipranav Wind Power Private Limited | Disposed |
| High Court, TAMIL NADU | Writ petition | Filed against the company by Sri Saipranav Wind Power Private Limited | Disposed |
| High Court, TAMIL NADU | Interim or miscellaneous application | Filed against the company by individuals | Pending |
| High Court, TAMIL NADU | Interim or miscellaneous application | Filed against the company by individuals | Disposed |
To see the full case history of P S G Spinning Mills Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for P S G Spinning Mills Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
P S G Spinning Mills has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AABCP0754A1Z4 | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of P S G Spinning Mills Private Limited, buy the company report.
Recent activity
P S G Spinning Mills Private Limited has 3 board changes on record since 1994: 2 appointments and 1 cessation. The latest: Balasubramaniyam Pushpavathi ceased to be Director on 31 Mar 2014.
Frequently asked questions
P S G Spinning Mills is an active private limited company based in Erode, Tamil Nadu, India. The company works in wind energy solutions, within the environment industry. It was incorporated on 22 July 1994 (32+ years old) and is registered under CIN U17111TZ1994PTC005234.
P S G Spinning Mills has 2 current directors:
- Pongiannan Samiappagounder - Managing Director
- Samiaappanna Gounder Myilsamy - Director
The latest financial statements of P S G Spinning Mills on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of P S G Spinning Mills is 33AABCP0754A1Z4, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of P S G Spinning Mills is U17111TZ1994PTC005234. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
P S G Spinning Mills has 13 court cases on record: 2 filed by the company and 11 filed against it. 1 is pending. Most are in the high courts.
P S G Spinning Mills was incorporated on 22 July 1994, making it 32+ years old. It is registered with the Registrar of Companies, Coimbatore.
Balasubramaniyam Pushpavathi ceased to be Director on 31 Mar 2014. Samiaappanna Gounder Myilsamy was appointed as Director on 29 Mar 2003. Pongiannan Samiappagounder was appointed as Managing Director on 22 Jul 1994.
The registered office of P S G Spinning Mills is at 27 Majeeth Street Kangayam, Erode, Tamil Nadu, India – 638701.
P S G Spinning Mills operates in the environment industry, in the wind energy solutions segment.
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