Salem Spices Private Limited
About Salem Spices Private Limited
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Salem Spices Private Limited is a private limited company based in Salem, Tamil Nadu, India. It operates in the agricultural products distribution segment of the agriculture sector. It was incorporated on 16 January 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U15495TZ2003PTC010437. Its GSTIN is 33AAGCS9732E1ZC (Tamil Nadu).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹15.1 Lakh. It is led by directors Rajaram Nirmala and Rajeswaran Sathyaraj.
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 Door No 7 (Ground Floor) Swarnambigai Street Balaji Nagar Fairlands, Salem, Tamil Nadu, India – 636016.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.58 Cr, a decline of 54% compared to the previous year. For the same year it recorded a net loss of ₹23.65 Lakh (net margin -15%) and EBITDA of -₹7.8 Lakh (EBITDA margin -4.9%). Revenue has declined at a compounded annual rate (CAGR) of 22% over three years and 16% over five years.
As per MCA filings, the company has satisfied charges of ₹3.38 Cr on record. Court records list 3 cases involving the company, including 2 filed by the company and 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Salem Spices Private Limited's registered office is in Salem, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressDoor No 7 (Ground Floor) Swarnambigai Street Balaji Nagar Fairlands, Salem, Tamil Nadu, India – 636016
- IndustryAgriculture, Agro Retail & Distribution
To see the full contact details of Salem Spices 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 Salem Spices is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Salem Spices Private Limited, buy the company report.
Financials of Salem Spices Private Limited
FY 2025 filings availableSalem Spices Private Limited reported revenue of ₹1.58 Cr (down 54% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 16% over five years, including a 54% fall in the latest year. EBITDA fell 145% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹7.8 Lakh | ||||
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| Net Profit (PAT) | -₹23.65 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | -4.9% | ||||
| Net Profit Margin | -15% | ||||
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To see the full financial statements and ratios of Salem Spices Private Limited, buy the company report.
Board of directors of Salem Spices Private Limited
Salem Spices has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajaram Nirmala Also directs: Nilgiris Flower Company Limited, R R K Granites Limited, Salem Textiles and Industries Limited and 3 more | Director | 16 Jan 2003 | 23 Years 9 Months | Current |
| Rajeswaran Sathyaraj Also directs: Salem Processing Mills Limited, Salem Fabrics Limited, Marks Thread (India) Private Limited and 2 more | Director | 16 Jan 2003 | 23 Years 9 Months | Current |
Auditor
Salem Spices Private Limited is audited by BALA & SAKTHI for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BALA & SAKTHI | FY 2020 | 000372S |
Shareholding
The shareholding of Salem Spices Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Salem Spices Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Jul 2010 | 10235175 | Axis Bank Limited | ₹15 Lakh | Satisfied | |
| 12 Feb 2010 | 10208667 | Axis Bank Limited | ₹2.05 Cr | Satisfied | |
| 25 Mar 2009 | 10154700 | Canara Bank | ₹9.9 Lakh | Satisfied | |
| 10 Mar 2003 | 80024813 | Canara Bank | ₹1.08 Cr | Satisfied |
To see the full charge records of Salem Spices Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Salem Spices Private Limited has 3 court cases on record: 2 filed by Salem Spices, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 0 |
| District courts | 1 | 1 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Karur, Tamil Nadu | Criminal complaint | Filed against the company by Ms.Euro Exim Ser.(P)Ltd.Rep.Stephen Shenbagam | Disposed |
| High Court, TAMIL NADU | Writ petition | Filed by the company against Union of India and 2 others | Disposed |
| High Court, TAMIL NADU | Court case (WPMP) | Filed by the company against Union of India and 2 others | Disposed |
To see the full case history of Salem Spices 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 Salem Spices Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Salem Spices has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAGCS9732E1ZC | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Salem Spices Private Limited, buy the company report.
Recent activity
Salem Spices Private Limited has 4 board changes on record since 2003: 2 appointments and 2 cessations. The latest: Muthuchettiar Natesan Manickam ceased to be Additional Director on 23 Mar 2009.
5 earlier events are in the company report.
Frequently asked questions
Salem Spices is an active private limited company based in Salem, Tamil Nadu, India. The company works in agro retail and distribution, within the agriculture industry. It was incorporated on 16 January 2003 (23+ years old) and is registered under CIN U15495TZ2003PTC010437.
Salem Spices has 2 current directors:
- Rajaram Nirmala - Director
- Rajeswaran Sathyaraj - Director
The latest financial statements of Salem Spices 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 Salem Spices is 33AAGCS9732E1ZC, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Salem Spices is U15495TZ2003PTC010437. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Salem Spices has 3 court cases on record: 2 filed by the company and 1 filed against it. Most are in the high courts.
Salem Spices was incorporated on 16 January 2003, making it 23+ years old. It is registered with the Registrar of Companies, Coimbatore.
Muthuchettiar Natesan Manickam ceased to be Additional Director on 23 Mar 2009. Ramasamy Udayar Prabakaran Rajaram ceased to be Director on 23 Oct 2008. Rajaram Nirmala was appointed as Director on 16 Jan 2003. Salem Spices has 4 board changes on record in total.
The registered office of Salem Spices is at Door No 7 Ground Floor Swarnambigai Street Balaji Nagar Fairlands, Salem, Tamil Nadu, India – 636016.
Salem Spices operates in the agriculture industry, in the agro retail and distribution segment.
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