Salzer Spinners Limited - Company Profile

Q: Who are the current directors of Salzer Spinners Limited?

The current directors of Salzer Spinners Limited are Doraiswamy Rangaswamy, Manimegalai Arumugam, Ramanathan Venkatesan, Rangasamy Menaka, Doraiswamy Vishnurangaswamy.

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

Last Updated: December 17, 2025

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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 Metrics

Authorised Capital ₹ 12.50 Cr as on 17-12-2025
Paid Up Capital ₹ 12.00 Cr as on 17-12-2025
Company Age 22 Year, 8 Months
Last Filing with ROC 31 Mar 2024
Open Charges ₹ 27.20 Cr as on 17-12-2025
Satisfied Charges ₹ 18.27 Cr as on 17-12-2025
Revenue Growth **** -32.61% (FY 2022)
Profit Growth **** 120.39% (FY 2022)
Ebitda **** 54.29% (FY 2022)
Net Worth 1558.42% (FY 2022)
Total Assets -2.29% (FY 2022)

Comprehensive Company Insights

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

Name	Designation	Appointment Date	Status
Doraiswamy Rangaswamy	Director	21 Oct 1994	Current
Manimegalai Arumugam	Director	29 Apr 2025	Current
Ramanathan Venkatesan	Cfo	01 Mar 2022	Current
Rangasamy Menaka	Director	29 Apr 2025	Current
Doraiswamy Vishnurangaswamy	Director	26 Dec 2017	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	20 Mar 2015	Past
Pramod Abcsdd	Director	20 Mar 2015	Past
Pramod Abcsdd	Company Secretary	-	Past
Pramod Abcsdd	Cfo(Kmp)	-	Past
Pramod Abcsdd	Director	01 Dec 2016	Past
Pramod Abcsdd	Additional Director	29 Sep 2018	Past

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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%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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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%

*******

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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 Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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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

Date	Lender	Amount	Status
06 Oct 2025	Canara Bank	₹4.20 Cr	Open
21 Feb 2024	Others	₹15.00 Cr	Open
23 Sep 2022	Tata Capital Financial Services Limited	₹8.00 Cr	Open
05 Mar 2014	Canara Bank	₹5.50 Cr	Satisfied
25 Mar 2004	Saradha Investments Limied	₹4.76 M	Satisfied

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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 Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

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

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Alerts

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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Latest Updates, News, and FAQs on Salzer Spinners

Recent Activity within the Organization

Charges

Progress on A charge with Canara Bank amounted to Rs. 4.20 Cr with Charge ID 101180596 was registered on 06 Oct 2025. was documented.
06 Oct 2025
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 10 months 2 days . was completed.
29 Apr 2025
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 10 months 2 days . was completed.
29 Apr 2025
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.
30 Sep 2024
Balance Sheet

The activity Salzer Spinners Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore. was completed.
31 Mar 2024
Charges

A charge with Others amounted to Rs. 15.00 Cr with Charge ID 100885240 was registered on 21 Feb 2024. was recorded as a recent event.
21 Feb 2024

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