Salzer Spinners Limited Company Logo

Salzer Spinners Limited - Company Profile

It is a manufacturing public limited company based in Coimbatore-641 104, Tamil Nadu, India, established in 2003.

2003 | Coimbatore-641 104, Tamil Nadu, India | Active
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About Salzer Spinners Limited

Salzer Spinners Limited, a active public limited company, was established on 18 June 2003 in Coimbatore-641 104, Tamil Nadu, India. Engaging in textile & fabric production within the manufacturing sector, it holds CIN: U31100TZ2003PLC010637. Registered under ROC Roc Coimbatore. it is unlisted. It has an authorized capital of ₹12.50 Cr and a paid-up capital of ₹12.00 Cr.

It upholds a compliant status. Employing 64 professional, Its leadership includes Doraiswamy Rangaswamy (Director), Manimegalai Arumugam (Director), Ramanathan Venkatesan (Cfo). Past directors included Dasappan Govindaraj, Ramaswamy Karunakaran, Narasimhan Sanjayprasath. It holds ₹27.20 Cr open charges and ₹18.27 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at Sikkarampalayam,Karamadai- Annur Road, Karamadai,, Coimbatore-641 104, Tamil Nadu.

Company Details

  • CIN/LLPIN

    U31100TZ2003PLC010637

  • Registration Number

    010637

  • Incorporation Date

    18 June 2003

  • Authorized Capital

    ₹12.50 Cr

  • Paid-Up Capital

    ₹12.00 Cr

  • ROC Code

    Roc Coimbatore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 12.50 Cr
  • Paid Up Capital ₹ 12.00 Cr
  • Company Age 22 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 27.20 Cr
  • Satisfied Charges ₹ 18.27 Cr
  • Revenue Growth -32.61%
  • Profit Growth 120.39%
  • Ebitda 54.29%
  • Net Worth 1558.42%
  • Total Assets -2.29%
Company report

Salzer Spinners Limited

Company Report FY 2025-2026

Explore comprehensive insights into Salzer Spinners 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 Salzer Spinners Limited?

Current Directors

NameDesignationAppointment DateStatus
Doraiswamy RangaswamyDirector21 Oct 1994Current
Manimegalai ArumugamDirector29 Apr 2025Current
Ramanathan VenkatesanCfo01 Mar 2022Current
Rangasamy MenakaDirector29 Apr 2025Current
Doraiswamy VishnurangaswamyDirector26 Dec 2017Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector20 Mar 2015Past
Pramod AbcsddDirector20 Mar 2015Past
Pramod AbcsddCompany Secretary-Past
Pramod AbcsddCfo(Kmp)-Past
Pramod AbcsddDirector01 Dec 2016Past
Pramod AbcsddAdditional Director29 Sep 2018Past

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Financial Performance of Salzer Spinners.

Salzer Spinners Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 32.61% decrease. The company also saw a substantial improvement in profitability, with a 120.39% increase in profit. The company's net worth Soared by an impressive increase of 1558.42%.

Salzer Spinners revenue growth over time
Salzer Spinners profit and loss trends over time
  • 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
-32.61%
Revenue from Operations
Total Assets
-2.29%
Profit or Loss
120.39%
Net Worth
1558.42%
EBITDA
54.29%

What is the Ownership and Shareholding Structure of Salzer Spinners?

In 2023, Salzer Spinners had a promoter holding of 80.38% and a public holding of 19.62%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

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Charges (Loans)

Open Charges

₹272,000,000.00

Satisfied Charges

₹182,667,412.00

Charges Breakdown by Lending Institutions

  • Others : 15.00 Cr
  • Tata Capital Financial Services Limited : 8.00 Cr
  • Canara Bank : 4.20 Cr

Latest Charge Details

DateLenderAmountStatus
06 Oct 2025Canara Bank₹4.20 CrOpen
21 Feb 2024Others₹15.00 CrOpen
23 Sep 2022Tata Capital Financial Services Limited₹8.00 CrOpen
05 Mar 2014Canara Bank₹5.50 CrSatisfied
25 Mar 2004Saradha Investments Limied₹4.76 MSatisfied

Explore comprehensive loan charge details -

How Many Employees Work at Salzer Spinners?

Salzer Spinners has a workforce of 64 employees as of Apr 07, 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 growth trends for Salzer Spinners Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Salzer Spinners, 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 Salzer Spinners'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.

Latest Updates, News, and FAQs on Salzer Spinners

Recent Activity within the Organization

  • Charges

    A charge with Canara Bank amounted to Rs. 4.20 Cr with Charge ID 101180596 was registered on 06 Oct 2025. was recorded as a recent event.

  • Director Appointment

    The activity Manimegalai Arumugam was appointed as a Director was appointed as a Director on 29 Apr 2025 & has been associated with this company since 7 months 1 day . was completed.

  • Director Appointment

    The activity Rangasamy Menaka was appointed as a Director was appointed as a Director on 29 Apr 2025 & has been associated with this company since 7 months 1 day . was completed.

  • Annual General Meeting

    Salzer Spinners Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    Salzer Spinners Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore. was recorded as a recent event.

  • Charges

    The activity A charge with Others amounted to Rs. 15.00 Cr with Charge ID 100885240 was registered on 21 Feb 2024. was completed.

Recent News, Updates & Announcement

Frequently Asked Questions

  • What is the CIN of Salzer Spinners Limited?

    The CIN of Salzer Spinners Limited is U31100TZ2003PLC010637.

  • Where is Salzer Spinners Limited headquartered?

    Salzer Spinners Limited is headquartered at Sikkarampalayam,Karamadai- Annur Road, Karamadai,, Coimbatore-641 104, Tamil Nadu.

  • When was Salzer Spinners Limited incorporated?

    Salzer Spinners Limited was incorporated on 18 June 2003.

  • Who are the current directors of Salzer Spinners Limited?

    The current directors of Salzer Spinners Limited are

  • What is the primary industry of Salzer Spinners Limited?

    The primary industry of Salzer Spinners Limited is Manufacturing.

  • Is Salzer Spinners Limited a listed company?

    Salzer Spinners Limited is unlisted.

  • What is the capital structure of Salzer Spinners Limited?

    The authorized capital of Salzer Spinners Limited is ₹12.50 Cr, and the paid-up capital is ₹12.00 Cr.

  • What is the compliance status of Salzer Spinners Limited?

    The compliance status of Salzer Spinners Limited is Compliant.

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