Salona Cotspin Limited logo

Salona Cotspin Limited

Textile company producing and selling cotton yarn, fabrics, and garments domestically and internationally.

1994 Coimbatore, Tamil Nadu (India) Active

About

Basic Data Updated:

6 days ago

Salona Cotspin Limited is a company that specializes in the production and sale of cotton yarn, knitted fabrics, and garments. The domestic and international textile markets are where the company conducts its operations. With an impressive installed capacity of 24336 spindles, SCL is a proud member of the Salona Group.

Industry

Company Details

  • Location

    Coimbatore, Tamil Nadu, India

  • Website
    1222442
  • Telephone
    1222442
  • Email Address
    1222442
CIN/LLPIN/FCRNL17111TZ1994PLC004797
Company No.004797
Stock Symbol BSE : 590056 NSE : SALONA
Company ClassificationPublic Limited Indian Non-Government Company
Incorporation Date18 Jan 1994
Date of AGM25 Sep 2023
Date of Balance Sheet31 Mar 2023
Listing StatusListed
ROC CodeRoc Coimbatore

Products or Services related to Salona Cotspin Limited

White Salona Open End Cotton Yarn For Textile Industry

Open End Cotton Yarn

Plain White Salona Hank Cotton Yarn For Textile Industry

Dyed Cotton Yarn

White Salona Ring Spin Yarn For Weaving & Knitting Cloth

Combed Ring Spun Yarn

Salona Compact Yarn For Textile Industry

Compact Cotton Yarn

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Salona Cotspin Limited offers a wide range of products and services, including: Cotton Yarn, Open End Cotton Yarn, Dyed Cotton Yarn, Spun Yarn, Combed Ring Spun Yarn, Compact Cotton Yarn, Apparel Fabrics & Clothing Textiles, Cotton Textile, Fabric, Yarns & Threads.

Financials of Salona Cotspin Limited

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Salona Cotspin Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 181.07% increase. The company also saw a substantial improvement in profitability, with a 219.18% increase in profit. The company's net worth Soared by an impressive increase of 50.56%.

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Corporate Structure

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People in Salona Cotspin Limited

Executive Team (4)

  • SA

    Shyam Agarwala In Managing Director

    Appointment Date: 18-Jan-1997

    Status: Current

  • MJ

    Manoj Jhajharia In Managing Director

    Appointment Date: 26-Sep-1998

    Status: Current

  • SS

    Selvaraj Subbiah In CFO

    Appointment Date: 11-Aug-2014

    Status: Current

  • AJ

    Archana Jha Company Secretary

    Appointment Date: 03-Mar-2023

    Status: Current

Board Members(6)

Charges (Loans)

Open Charges Satisfied Charges

₹846.18 cr

₹57.87 cr

LenderAmountStatus

Others

Creation Date: 25 Mar 2024
₹86.20 CrOpen

Hdfc Bank Limited

Creation Date: 29 Sep 2023
₹51.00 CrOpen

Hdfc Bank Limited

Creation Date: 22 Aug 2023
₹1.76 MOpen

Deals i

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Gain comprehensive insights into the Deals and Valuation data of Salona Cotspin, 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 Salona Cotspin's trajectory.

Rating

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Alert

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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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    Archana Jha is a mutual person

  • Flibbr Consulting Services Private Limited

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    Active build-icon 2 years 4 months

    Hari Ganesh is a mutual person

  • Shristi Cotspinn Private Limited

    Shristi Cotspinn Private Limited

    Active build-icon 28 years 7 months

    Shyam Agarwala, Manoj Jhajharia and 1 more are mutual person

  • Itf Sourcing Llp

    Itf Sourcing Llp

    Active build-icon 7 years 1 month

    Manoj Jhajharia is a mutual person

  • Cotton Sourcing Company Limited

    Cotton Sourcing Company Limited

    Active build-icon 11 years 8 months

    Prabhu is a mutual person

  • Sri Sadhyaa Exports Private Limited

    Sri Sadhyaa Exports Private Limited

    Active build-icon 13 years 5 months

    Raghav Agarwal is a mutual person

Recent activity within the organization

  • Activity

    Charges

    A charge with Hdfc Bank Limited of Rs. 51.00 cr registered on 29 Sep 2023 with Charge ID 100793018 was modified on 10 Apr 2024.

    10 Apr 2024
  • Activity

    Charges

    A charge with Others amounted to Rs. 86.20 cr with Charge ID 100898681 was registered on 25 Mar 2024.

    25 Mar 2024
  • Activity

    Charges

    A charge with Hdfc Bank Limited of Rs. 128.00 cr registered on 08 Apr 2021 with Charge ID 100438830 was modified on 19 Dec 2023.

    19 Dec 2023
  • Activity

    Charges

    A charge with Others of Rs. 20.00 cr registered on 27 Mar 2023 with Charge ID 100700073 was modified on 15 Dec 2023.

    15 Dec 2023
  • Activity

    Charges

    A charge with Hdfc Bank Limited amounted to Rs. 51.00 cr with Charge ID 100793018 was registered on 29 Sep 2023.

    29 Sep 2023

Frequently asked questions

What is the Incorporation or founding date of Salona Cotspin Limited?

Salona Cotspin Limited was incorporated 30 years 3 months ago on 18 Jan 1994 with Registrar of Companies Roc Coimbatore.

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