Ragavendra Spinners Limited

Ragavendra Spinners Limited - manufacturing in Tirunelveli, Tamil Nadu, India. FY 2026 financials & compliance.
CIN U17111TN1983PLC009899 Incorporated 17 March 1983 ROC Chennai HQ Tirunelveli, Tamil Nadu, India
Active Public Limited Company manufacturing
Data last updated
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹1.7 Cr
Issued & subscribed
Open charges
₹12.62 Cr
Secured borrowings
Company age
43 yrs
Est. 1983
Directors on board
3
As per MCA filings
GST registrations
1
None active
Last financials
Mar 2017
Balance sheet date
Last AGM
30 Sep 2017
Annual general meeting

About Ragavendra Spinners Limited

Data last updated:

Ragavendra Spinners Limited is a public limited company based in Tirunelveli, Tamil Nadu, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 17 March 1983 and has been in existence for over 43 years.

The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U17111TN1983PLC009899. The company has 1 GST registration on record, which is no longer active.

The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.7 Cr. It is led by directors including Ramachandran Guruvigneshkumar and Ramachandran Mayandi.

Its last annual general meeting (AGM) was held on 30 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at A – 6 Veerabahu Nagar Pettai Tirunvlveli 627004. Tirunvlveli 627004., Tirunelveli, Tamil Nadu, India – 627004.

As per MCA filings, the company has open charges of ₹12.62 Cr on record. Court records list 8 cases involving the company, including 7 filed by the company and 1 filed against it; 2 cases are pending.

The current compliance status is marked as active non-compliant by the Registrar of Companies.

Company details

CIN U17111TN1983PLC009899
Registration Number 009899
Incorporation Date 17 March 1983
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2017
Date of Balance Sheet 31 March 2017
Compliance Status Active Non-Compliant

CIN history

Ragavendra Spinners has one previous CIN (Corporate Identification Number): L17111TN1983PLC009899. The current CIN is U17111TN1983PLC009899, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U17111TN1983PLC009899Current
L17111TN1983PLC009899Previous

Contact details

Ragavendra Spinners Limited's registered office is in Tirunelveli, Tamil Nadu. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    A – 6 Veerabahu Nagar Pettai Tirunvlveli 627004. Tirunvlveli 627004., Tirunelveli, Tamil Nadu, India – 627004
  • Industry
    Manufacturing, Textile & Fabric Production

To see the full contact details of Ragavendra Spinners Limited, buy the company report.

Comprehensive company report
Ragavendra Spinners Limited - one report that includes everything
  • 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
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Financials of Ragavendra Spinners Limited

FY 2017 filings available

Financial Statement Summary

MetricsFY 2016-17FY 2015-16FY 2014-15
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA
Profit Before Tax
Tax Expense
Net Profit (PAT)
Balance Sheet
Share Capital
Reserves and Surplus
Net Worth (Total Equity)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2016-17FY 2015-16FY 2014-15
Profitability
EBITDA Margin
Net Profit Margin
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
Efficiency and Growth
Asset Turnover
Receivable Days
Payable Days
Inventory Days
Revenue Growth
Net Profit Growth

To see the full financial statements and ratios of Ragavendra Spinners Limited, buy the company report.

Board of directors of Ragavendra Spinners Limited

Ragavendra Spinners has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Ramachandran GuruvigneshkumarDirector28 Mar 20188 Years 6 MonthsCurrent
Ramachandran MayandiDirector31 Jul 200620 Years 2 MonthsCurrent
Ulagamuthu Thirmalai NambiDirector31 Jul 200620 Years 2 MonthsCurrent

Auditor

Ragavendra Spinners Limited is audited by V MEYYAPPAN for the financial year 2017.

Auditor firmFinancial yearFirm registration number
V MEYYAPPANFY 2017207782

Shareholding

The shareholding of Ragavendra Spinners Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2017FY 2016FY 2015
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Ragavendra Spinners Limited, buy the company report.

Charges & borrowings

Open charges
₹12.62 Cr
Satisfied charges
None
Breakdown by lending institutions
Canara Bank₹8.04 Cr
City Union Bank Ltd.₹3.11 Cr
Indian Bank₹0.91 Cr
M/S. Canara Bank₹0.57 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
03 Aug 200590287010Canara Bank₹3.9 CrOpen
21 Jun 200590301355Canara Bank₹3.9 CrOpen
17 Jul 199690300627City Union Bank Ltd.₹1.55 CrOpen
07 Jul 199690300623City Union Bank Ltd.₹1.55 CrOpen
22 Jun 199290300194Indian Bank₹16.74 LakhOpen

To see the full charge records of Ragavendra Spinners Limited, buy the company report.

Total charge records: 9 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Ragavendra Spinners Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Ragavendra Spinners has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.

Total GSTINs
1
Cancelled / inactive
1

To see the full GST registrations and return filing status of Ragavendra Spinners Limited, buy the company report.

Recent activity

Ragavendra Spinners Limited has 5 board changes on record since 2006: 3 appointments and 2 cessations. The latest: Marirajan Manjula Devi ceased to be Director on 28 Mar 2018.

Ceased
Marirajan Manjula Devi ceased to be Director.
Appointed
Ramachandran Guruvigneshkumar was appointed as Director.
Ceased
Thirumalai Nambi Marirajan ceased to be Director.
AGM
Ragavendra Spinners Limited last Annual general meeting of members was held on 30 Sep 2017 as per latest MCA records.
Filing
Ragavendra Spinners Limited has filed its annual Financial statements for the year ended 31 Mar 2017 with Roc Chennai.
Appointed
Ramachandran Mayandi was appointed as Director.
Appointed
Ulagamuthu Thirmalai Nambi was appointed as Director.
Charges
A charge with Canara Bank amounted to Rs. 3.90 Cr with Charge ID 90287010 was registered on 03 Aug 2005.
Charges
A charge with Canara Bank amounted to Rs. 3.90 Cr with Charge ID 90301355 was registered on 21 Jun 2005.
Charges
A charge with City Union Bank Ltd. of Rs. 1.55 Cr registered on 17 Jul 1996 with Charge ID 90300627 was modified on 26 Feb 2003.
Charges
A charge with City Union Bank Ltd. of Rs. 1.55 Cr registered on 07 Jul 1996 with Charge ID 90300623 was modified on 05 Nov 1998.
Charges
A charge with City Union Bank Ltd. amounted to Rs. 1.55 Cr with Charge ID 90300627 was registered on 17 Jul 1996.

10 earlier events are in the company report.

Frequently asked questions

Ragavendra Spinners is an active public limited company based in Tirunelveli, Tamil Nadu, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 17 March 1983 (43+ years old) and is registered under CIN U17111TN1983PLC009899.

Ragavendra Spinners has 3 current directors:

The latest financial statements of Ragavendra Spinners on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 30 September 2017. Year-wise statements from 2015 are in the company report.

No. Ragavendra Spinners has 1 GST registration on record and it is cancelled or inactive.

The CIN (Corporate Identification Number) of Ragavendra Spinners is U17111TN1983PLC009899. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Ragavendra Spinners has 8 court cases on record: 7 filed by the company and 1 filed against it. 2 are pending.

Ragavendra Spinners was incorporated on 17 March 1983, making it 43+ years old. It is registered with the Registrar of Companies, Chennai.

Marirajan Manjula Devi ceased to be Director on 28 Mar 2018. Ramachandran Guruvigneshkumar was appointed as Director on 28 Mar 2018. Thirumalai Nambi Marirajan ceased to be Director on 28 Mar 2018. Ragavendra Spinners has 5 board changes on record in total.

The registered office of Ragavendra Spinners is at A – 6 Veerabahu Nagar Pettai Tirunvlveli 627004. Tirunvlveli 627004., Tirunelveli, Tamil Nadu, India – 627004.

Ragavendra Spinners operates in the manufacturing industry, in the textile and fabric production segment.